Page 2 - Legislative Win News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Taxed at 9% for this first 75,000, going up to 2,000 for each child, that is big. that's a big win for these families in my district and they are happy about it. >> any more questions wesco >> harris: that's it, tell him thanks. >> thank you, merry christmas to you. >> harris: merry christmas, i know you are grabbing people as they get on buses. we may come back as the action cooks up and lawmakers want to talk about the victory they had among the g.o.p. on the hill with tax cuts and jobs act, peter, thank you. this is a huge day as you know, this affects millions of americans, working america...

Was there any downside the way you see it? was a deflating at all to have to do with the second day in a row because of a technicality? >> it was a technicality, they have those over in the senate as you know. we are on the road now to get the people of giant tax cuts that will allow them to grow their families and businesses. >> why did it take so long for republicans to take advantage of their majority? last january, it took almost a year to get the big win? >> it took almost a year but it's a big thing. when you start dealing with tax reform, it does take a while. all of this was promised b...

Things the republicans that are true. we are seeing bigger paychecks, we are seeing tax cuts for our families and we are benefiting from the doubling of the standard deduction and the doubling of the child tax credit. we think those benefits will start to be realized early next year. as it is always the case around here it takes a little while to get the machine working. these are changes that are good for this country, this really should be a very exciting day and a win/win for the american people. >> harris: how do you take this into what will certainly be a battle over spending and the gove...

>> i wish the justice department would do its job. investigate and charge them or investigate them and exonerate them. >> harris: judge napolitano, thank you. >> merry christmas. >> harris: minutes from now president trump will welcome lawmakers who deliver historic, major legislative win. one of the architects of the tax reform plan joins me next. the cheap house tax writer, ways and means committee chairman kevin brady and lawmakers -- look. on your screen to the right, the buses are moving. lawmakers are headed to the white house and the president is on the other side with a victory lap and...

>> this is all over the economic literature. that tax cuts do not lead to increased spending. in a way that promotes broad-based economic growth. we've had this proven empirically. it's in the literature. yada yada yada. i think what's happening with the budget obviously, it's a warm-up to where bush will position himself around tax cuts. i think you'll find him and mnuchin tying themselves in knots like they already have trying to sell this as a cut for middle class. when in what is still a very sketchy tax plan. we should call it a tax paper or a tax memo. >> nine pages. >> yeah, this is not...