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Big high tax states there will be a reckoning for you this year. >> that is a reason of consequences in the mid term election. thanks very much. a good tuesday morning to you. there is a deal on the table. big question is, will the president accept it? a white house source says the administration is still going through the agreement. a cabinet meeting may be the first time we hear from the president on this plan. the deal includes $1.3 billion for 55 miles of a barrier on the border. that is less than what the president rejected last year leading to the longest shutdown in u.s. history. also...

What that was all actually about. because now, after going through that once again, we now have the unofficial, basically definitive word that, hey, nancy pelosi has the votes she needs to become speaker when the democrats take control of the house in early next year. surprise. now that she has the votes to become speaker, which honestly was never in doubt, that vote will not happen until january 3rd. in terms of who the democrats will put in charge of the house committees, which right now feels like one of the most important imaginable things in american politics, the house democratic steerin...

Made its recommendations for most of the chairs for most of the committees, but we still don't know the final date for the full caucus vote. nancy pelosi's office tells us the chairs will likely be chosen before they vote formally on her. in terms of the really big high profile committees and the committees that might have a high profile to play concerning the scandals swirling around this president, the house intelligence committee we are anticipating will be led by adam schiff. financial services it will be congresswoman maxine waters who drives the president absolutely crazy. and on judicia...

Testifying at the clarence thomas confirmation hearings. these guys are veterans at being high stakes hearings like this. also, of course, the women on the committee will have a key voice here. they're all on the democratic side. there are no female republicans. dianne feinstein and others, these four women, three of whom have real prosecutorial experience are likely to have very prominent voices at the hearing today. of course, potential presidential politics is never far away, either. there were several members of the judiciary committee who are eyeing a possible run for the presidency in 20...

Commodore hotel was a big landmark piece of new york real estate right next to grand central station. it also had this poetic storied connection to the great vanderbilt fortune, you know, as new york city crumbled around it. it was also a big high profile deal because that young real estate developer put the city over a barrel in order to do the deal. >> you want tax abatements, you want special treatment, and by and large, you have gotten special treatment and tax aba abatements. >> that's correct. >> he got very special treatment ten years ago when new york city was thought to be going bankr...