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Congress that the trump administration has been gutting ever since they dot got into to. >> larry, biggest story of 2017 and then the most underreported story. >> the biggest story has to be the inauguration of donald trump and his presidency. i suppose that's always true when you have the inauguration of a new president, but never have we had a new president so unpopular, so controversial, so completely unusual. and i'll leave it at that. the underreported story, actually, i was going to cite what jerod cited. there are over 800 cases of key regulations being either withdrawn or killed by pre...

It's the biggest economy in the world, and it's not as transparent as it needs to be, which means it is easy to overshoot in terms of hopes and also overshoot in terms of fears. >> let's listen to more of china expert donald trump with bill o'reilly tonight. >> our government should have stopped china from devaluing. >> they can't! >> they never even bring them up. of course they can. >> how? >> you know how they can? >> yeah. >> they put a tariff on chinese goods. you know, china -- >> then you've got a trade war. >> you have to do that. and then you bring it back to normal. you have no choic...

One iota. if there's any fault at all, it's that china is growing so fast. it's the biggest economy in the world, and it's not as transparent as it she hneeds to which means it is easy to overshoot in terms of hopes and also overshoot in terms of fears. >> let's listen to more of china expert donald trump with bill o'reilly tonight. >> our government should have stopped china from devaluing. >> they can't! >> they never even bring them up. of course they can. >> how? >> you know how they can? >> yeah. >> they put a tariff on chinese goods. you know, china -- >> then you've got a trade war. >> ...

That paul ryan decided to introduce a new budget. he tweeted, so paul ryan plays charlie brown to the media's lucy by providing yet another comprehensive budget for dems to savage. joining me now, jerod bernstein, an msnbc analyst. jerod, here you have republicans no longer so sure they should run on a repeal obama care platform and now the democrats suddenly have a document they do want to use in their campaigns, and that is the paul ryan budget. >> exactly. you had a good discussion earlier about the sign-ups. well, it is ironic that on the day that we got good news about the affordable care...

Know, couldn't identify they were going to give to congress. the only difference is this is a more extreme budget. this is the romney ryan budget we saw last november, but it is on steroids. he wants to get rid of obama care. he wants to get rid of dodd-frank. he wants to get rid of more of the spending programs that the middle class and lower middle class and poor depend on. this it is designed for coherence or logic or even arithmetic. this is designed primarily to move the goalposts further to the right in anticipation of some sort of negotiating strategy down the road. >> jerod bernstein, ...