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reporting to you today from the senate finance committee room in washington d.c., this as i say is where, i guess you can say, the sausage is made. it was here that the biggest tax cut in american history was cobbled together. really sums up the major differences between the parties these days, neil. i got a letter from all but three of them before we passed the tax bill saying what kind of tax reform they would be willing to support. it was all about class envy and wealth transfer. had nothing to do with getting the economy growing. bottom line, mitch mcconnell was the key reason why those tax cuts ultimately shepherded their way through and on their way to law. now being likely reversed under president biden if he can get the votes. no sure thing. in this particular development here on the whole debt ceiling thing, fellow republicans as you saw there, concerned that he blinked. let s go to the washington examiner reporter ....
History. socialism does not work and i m here to tell you it does not work. i m a refugee from that nonsense. socialism is based on jealousy and kind of class envy. you ve got it we don t. i want it. give it to me. i m going to take it now. that is socialism. it absolutely does not work and there is nothing moral about that. let me ask you this, if we would have taken all the money off the billionaires, the government had taken it for itself, stripped them of that wealth and got it for themselves for the government. would we have a dynamic full employment economy? no, we would not. would we have a technology sector that rules the world really making america high tech flies do business? no, we would not. we would have the socialism that has failed in europe, that s nailed venezuela for heaven s sake and failed just about everywhere in the world it would not be moral. it is not moral to seize ....
Ridiculed him all the time in columns that dripped with class envy on her part. but nonetheless, he was and, you know, he got along with us. he was okay with us, and he knew us all. he d been around washington forever. he knew all of us who were covering him, knew us by name, called us by name and so forth. and, you know, he basically, he could handle it. dana: this is franklin graham. he was talking this morning about that moment, that big decision that was decisive in his presidency. watch this. that was a very difficult night for him, and i remember he called my father and asked that my father would be with him that night at the white house. because the president knew the cost in american lives, in iraqi lives. he knew what war was about. so the two of them stayed up all night together, and they had not just with one prayer, but they had a number of prayers together as that war began. dana: of course, that was the ....
neil: all right, mike, thank you very, very much. you just heard nancy pelosi there that it is a scam. corey booker echoing a theme that nancy pelosi used some weeks back telling a new jersey audience that it is indeed crumbs for the average person. i have a feeling mitch mcconnell might slightly disagree with that he joins me now as my special guest. thank you. 80% to 90% of the american people get tax relief out of this bill. not a single democrat voted for it. as you pointed out in your introductory observations. they want to take this to the american people. and we re happy to do that to see whether the american people think it s a good idea for us to let them keep more of their hard-earned money rather than sending it to us to be spent on whatever we choose to spend it on. i think it really kind of sums up the major differences between the parties these days, neil. i got a letter from all but three of them before we passed the tax bill saying what kind of ....
Care, but this is kind of a watered-down bill, isn t it? you know, bigtime. i think a missed opportunity. david, let s just talk numbers for a second. they re talking about a $1.5 trillion tax cut over the next ten years, but over the next ten years we re probably going to send them between $45 and $50 trillion. so this is small potatoes. and i just have to talk about the successful people out there. you know, this whole demonizing of the rich, these are the people that produce. these are the people that hire. and all i know is when taxes are high, the rich aren t affected. do you know who s affected? the middle class. why? because it prevents them from becoming rich because every step up the ladder they re paying more and more taxes. so i just think a big missed opportunity. i think they re scared of their own shadow. this whole class envy by the left, i think, has gotten into their head. i hope they go backwards and go ....