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Drastically slashing corporate tax rates. that comes from a new study published by the president's council economic advisers. cutting tax rates from 35% to 20% will boost wages substantially depending on where you are on the income ladder, he says the boost will add anywhere between $4,000 to 9,000 bucks a year. but does his math add up? economists on the right, it's an article of faith that lower taxes on businesses and the wealthy reap benefits that trickle down to the rest of us. they argue the extra money the companies get to keep increases demand for workers and drives up wages. but histo...

>> they deserve the help that they desperately need right now. lives are at stake, as well. senator blumenthal, thanks so much for joining us. >> thank you. there's breaking news coming out. president trump touts an historic opportunity for tax reform, but how much of the plan is very much up in the air? and we'll take a closer look at a surprise claim that republicans do have the votes they need to repeal and replace obamacare, but does his math add up? ♪ can i kick it? ♪ yes you can ♪ can i kick it? ♪ yes you can ♪ can i kick it? ♪ yes you can ♪ well i'm gone -ahh. -the new g...

>> none of these people should be doing this, none of this. this should stop. but the question is who's going to stop it at this point? who's going to stop it? >> who's going to stop it? guess what they are there to do, tax reform. the outline, the nine-page outline is now out. we don't know -- you and i haven't gotten a chance to tick through it just yet, but we have to say this is a real plan. for months we've been saying we had one page and now we have nine. >> we had the napkin before. now we have something that's closer to real in terms of actual language. look, this plan is the beginning...

Big tax cuts and big spending. does the president's math add up? >> we will see. his budget will come out some time in the next week or two with all the lines in the budget and where these cuts are going to come from to make up for the loss of revenue from some of the tax cuts and also the big increase that you just talked about, an infrastructure spending and defense spending. when the president talked about infrastructure spending of a trillion dollars in his speech tuesday night, a key phrase was there was public and private. so i think he thinks he can get substantial amounts of money from...

Good morning, everyone, i'm poppy harlow. >> i'm john berman. great to see you. >> so this is a president that wants to spend some money. a lot of money. he wants to pay a whole lot more for military expansion. he wants to cut taxes big league, and at the same time he wants to introduce a trillion dollar infrastructure plan. this is a plan that actually has some bipartisan support. >> to launch our national rebuilding, i will be asking congress to approve legislation that produces a $1 trillion investment in infrastructure of the united states, financed through both public and private capital,...