Beyond those who have been so outspoken to push back on that. Will we see other senators come out today and take a flake or corkerlike position on that . Well find out. But right now i doubt it. A standing ovation. I want to bring my panel in. Robert costa, National Political reporter for the Washington Post and bret stephens, an oped columnist for the New York Times and megan murphy, the editor of Bloomberg Business week. Brett, i want to start with you. One trump critic said the ice is beginning to crack. What were seeing with bob corker, with jeff flake, youre going to see more republicans follow suit. Do you think thats the case . Follow suit in denouncing the president . Yes. Or in renouncing their political ambitions. Fair point. This is the key thing. Theres a law in economics, greshams law, bad money drives out good. In a sense what we have is bad republican politicians driving out good ones who are just removing themselves literally
from circulation. There was this conceit amo
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double the standard deduction and double the child deduction. one thing that won t be is closing the loop hole for carried interest, which affects hedge funding many fund or managers. it s something that the president promised. i asked sarah huckabee sanders about it. the carried interest loop hole is still here. why did not the president not insist getting rid of that? the. was focused. he laid out his first biggest principles that he wanted to make sure were part of any piece of legislation. we feel the legislation answered and addressed that. that s been our focus all along and what we ve continued to talk about. shepard: one other thing that this bill does, it gets rid of the tax penalties for the individual mandate in obamacare. meaning if people don t buy tax health insurance, they don t have to pay a tax on it. that added up to $300 for
much of trump s base would be hurt the most. a lot of people felt that way. health care experts thought the health care proposal was about cutting the medicaid expansion, so that s a valid point you ve made. okay. before we go, bret, when steve bannon gets on the podium and goes after the globalists and the liberal elites, and again i remind you when he goes after those corporate globalists, steve bannon fully funded by the mercers, co-founded by the hedge funding, do we ever take a step back and say many of those who are saying these are bad ideas would benefit. you want this tax plan? great. lots of new yorkers will do really well, lots of people in california. but it s trump s base who actually get hurt. do they not realize if these things went forward, they would be the ones to suffer? look, i disagree with your premise. go for it. i think corporate tax reform and general tax reform, simplifying the brackets, lowering the rates, would be
basically eight more years of obama. we re seeing hillary clinton trying to box out bernie sanders. she did the elizabeth warren thing when elizabeth warren was making some waves. now bernie sanders is making some waves. i can out bernie sanders bernie sanders. she wants to be the last man standing and she just might be. if you look at kevin williamson s cover story from his weekend with bernie it was fantastic. everybody should read that. she took a shot at president obama for not filing any criminal cases against any of the bankers or hedge she says hedge funding is criminal behavior. the thing about this is attorney general eric holder was not a shrinking violet when it came to progressive causes. doesn t it mean he didn t have a case to make if they don t bring
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