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Concern about the elimination of state and local tax deductions. >> if the tax bill increases that too much, you are a know? >> i want to make sure we have reasonable assumptions. >> to take away that deduction without -- that will be a devastating impact on new york state. the fact is, new york is a donor state. we give $48 billion more to the federal government and we get back. right now there is still strong resistance to that. >> harris: missouri senator roy blunt is vice chairman of the conference. thank you. i want to get just one word about the house. it seems like a lot of pressure if ...

Way that they are trying to keep a revenue neutral. you have to raise taxes on some people. you have to pay for it somewhere else when you're not accounting for the growth that cutting taxes could create. it does seem like some of the taxes are going to go up as a result. that will republicans stand for? >> no, it is not, and i would like to apologize for offending anybody with my reference, but certainly there are folks like you say in new york state which pays about $48 billion more in taxes than what they actually receiving services. are there a lot of folks that have the intention to be di...

We had one meeting with kevin brady on thursday and also steve scalise. i've heard nothing since then at all. kevin mccarthy did say about the property tax and again that is a step forward but by not allowing the state income tax deduction, that has to be fully analyzed because that is a major issue in my district also and throughout the state of new york, so this is coming out on wednesday. they've had nine months to put it together. this is a bill which is going to affect generations to come and the impact, its been 30 years since our last tax reform. we can't afford to have this go wrong so...

Fact is premiums are rising by 20% every year in my state. >> will you try to forge a deal with democrats again? >> for three years i've been trying to forge a deal with democrats. i wish this were bipartisan. under the legislation we had, we let democrats keep obamacare. >> i just to want point out to my viewers here in the united states and around the world, senator, after this week, if you fail this week, you don't just need 50 votes, you need 60 votes, 40 republicans inspect the senate, 38 democrats. do you think there is a possibility rand paul will still support you? >> i can't tell you ...

Week. >> we will use economic sanctions to bring north korea to the table. >> stop and trade with china? >> stop and trade with anybody, nobody would be off the table. chris: but the u.s. did $648 billion of trade with china last year. there-- they are the single lart of importing goods and we are not about to cut trade with china. >> this is an indication how serious threat of north korea and it's in interest to resolve it. of course, we need china to help as much as they can. great deal of economic power over north korea and certainly we think that chinese agree it is in their interest to ha...