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It should be. the economy now has hit 3%. nobody thought it would be anywhere close. i think we can go to 4, 5 and maybe even 6% ultimately. >> joining me now, john harwood, cnbc's editor at large and josh dawsey. john, i want to get your reaction to what you heard there from the president and why not give the middle class permanent tax cuts like the big corporations? >> because that's not the goal of this legislation. the core belief of republicans in passing this bill is that lower taxes for businesses will produce a lot of economic growth and through that process benefit average people. the...

Lawmakers who you mentioned holdouts. on the one side pla senator rubio who insisted on child tax credit for working families in exchange for his vote. and huge reversal from corker from tennessee, he said he would not vote for anything that would add trillions to the deficit but flipped to yes saying it's a one in a lifetime chance to cut taxes and grow jobs. and on that one issue you have bob corker agreeing with president trump, which is notable, because you know bob cork ser a pro live it criticism of the president. now president trump was headed to camp david in the last hour and on the w...

Psychological to a large extent and that's what creates great news. consumer confidence is at 17-year high. think of that. it was not like that in your last administration. economic growth last quarter surged to 3.3%. you know it. you know where it was, right? when we started, you know where it was? bingo. 3.3% and it's going a lot higher. you know, i used to hear you will never hit 3. you will never hit 2.5. you figure 2.3, 2.4. if we didn't have the hurricanes last quarter, we would have hit 4% and everybody back there wouldld have said that's impossible. we had a little -- couple of hurrica...

Important because it's all psychological to a large extent and that's what creates great news. consumer confidence is at 17-year high. think of that. it was not like that in your last administration. economic growth last quarter surged to 3.3%. you know it. you know where it was, right? when we started, you know where it was? bingo. 3.3% and it's going a lot higher. you know, i used to hear you will never hit 3. you will never hit 2.5. you figure 2.3, 2.4. if we didn't have the hurricanes last quarter, we would have hit 4% and everybody back there would have said that's impossible. we had a li...

All-time high stock market. and they don't talk about another factor, that unemployment just hit a 16-year low. they don't want to talk about it. and i think, to me, maybe the biggest is that gdp for the quarter just released at 2.6%. so, that's so much higher than anticipated. remember i was saying we're going to try and hit 3% sometime over the next period of two years. well, 2.6% is getting closer, gary, closer than we thought and a lot faster than we thought, but don't worry about the 3%. we're going to be higher than 3% in the not too distant future too. so we're setting economic records ...