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>> i was shocked that i knew someone who did this. i was shocked that this was even possible. >> and something else surprised him. the sums of money involved in the scandal. >> i think a lot of people were shocked because they were so big. i was shocked because they were so small. our most expensive college application package is $350,000. >> that price doesn't even include test preparation. >> everything is a la carte for test prep. for families who have special circumstances, we will create packages that can break a million dollars. >> mr. singer, do you have anything to say to the students ...

That money is used to corrupt the process. wealthy parents spend lavishly to prepare their children. >> from childhood on, they're pushed, they're prodded, they're in the hands of tutors, coaches, test preparation. >> and it pays off. if you make over $200,000 a year, your kids will score on average 400 points higher on the s.a.t. than kids from low income families. wealth also gives students a big advantage if their parents are donor. >> at some schools, giving $10 million isn't enough, because $10 million makes no impact on their school. they want 30, 40, $50 million. >> rick singer convince...

Potential for mischief. and so let's keep it where it is. part of the reason our electoral system is as safe as it is is because states and counties and sometimes towns and precinct levels operate the data which makes it very difficult to corrupt the process. >> rick tyler, thank you. we were talking about your former boss, should have been here earlier talking health care. that would have been a good conversation. thank you, both, for joining me. turning now to the story of little baby charlie guard, he's a terminally ill infant in the uk, getting attention and sympathy from the highest lev...

Heard the president threaten him with tapes, he went overdrive as well. you would think the president would have known some of the things he said to comey privately or with others in the room. there will be a number of questions that come from this. did comey share this with anyone other than fbi officials close to him. did he share it with sessions? it's been reported that sessions was in the oval office and the president asked him to leave and he had that conversation with comey. comey may be asked why didn't you present this early? all of this now, in light of what happened, preeb bar being...

Reform where the tax code is two pages long, because as dave just suggested, the lobbyists in washington, they are not there to get money. they're there to get preferences in the tax code. and the more complex it is, the more corrupt the process is around it. we're starting to hear some people talk about tax reform. could that be an issue this year? >> probably in december it will be. it has to be because there's a train wreck coming at the end of the year with a whole bunch of stuff that's expiring. you know, dave talked about two things, defense cuts and if you'll pardon my shorthand rationi...