Their money back. Is this the worst bill to ever come to the floor of the house. The news at 11 00 starts now. That breaking news is where we begin tonight, your tax bill all but certain to change in the new year, the senate Just Moments Away from a final vote on the gop tax plan. Now youve seen the politics. Lets talk about what it will mean for your bank account. Heres pete muntean. It was more than 1,000 pages long. It went public friday. Youd have to read 200 pages a day to catch up. So will this make your tax bill go down or up . Well, that depends. The biggest benefit are for those making between a quarter Million Dollars and 3 4 million a year. If you have kids, youre 3 quarter Million Dollars a year. If you have kids, youre in luck. There will be fewer Tax Advantages to owning a home. The mortgage Interest Deduction can only be used for new home thats a keystone of homeownership and will likely lower home values. Also the amount of property taxes families can deduct is capped a
cheers and applause cheers and applause Stephen Lovely crowd; welcome to the late show, everybody. Im so happy youre here, so happy everyone is with us tonight. I am your host, stephen colbert, and wow. I am glad you could be here on this historic evening. Because, donald trump held his first solo press conference as president okay . Alright . Hes had them with world leaders; hes gone out there with the podium, like the twin podiums with the world leaders, but this was just him, by himself. Id him, alone. It was a robust one hour and 17 minutes long. That is beefy, okay . So beefy, you could eat it with a fork, okay . So youre going to want to use a spoon to get every drop of the crazy. It just happened actually. Were recording this in the early afternoon. It literally just finished. What im saying is this is fresh. It must be fresh because you can smell it. The smell is theres a real cheers and applause this press conference, its still steaming. You can warm your hands over this pile.