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Discussion with heidi. there are plenty of loopholes you could close. whether it's carried interest, oil loopholes, whether it is the buftal loophole. it comes to $80 billion, and that would be a lot of money for the middle class. but that doesn't seem to be what we're seeing here. >> the democrats are i assume going to bebrought in at some point because they're going to do some democratic support. do you think at the very least, senator, this could be a good jumping off point? >> well, it would be better if it was closer to those principles i just laid out. i think there's a lot of democrats ...

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Failing. it's the difference between having a majority in 2018 or losing it. it's the difference between one term and two. >> we're going all in on tax reform right now. there is a sense of urgency. we recognize it. we have not gotten enough on the president's desk. >> tax reform, to me, is going to be far, far more difficult than health care. >> i think we have to put aside the differences and start working together. >> any minute we'll hear from minority leader nancy pelosi. chuck schumer warned this plan doesn't help the average american. >> under this plan the wealthiest americans and weal...

Regulated the price of hospital care, farm suit capharmaceutica like, yes, you could have a system that spends less monday than the system we have. but bernie's plan doesn't do that. bernie's plan is all carrots and no sticks. it would increase federal spending over a ten year period by $28 trillion. trillion with a t. that is 5% increase of federal spending relation difference to today and that's because the system we have today has a lot of state and local spendinging that you would be transferringing tos federal government. so the numbers don't add up. and that is not to say that single pay...

Returns in his policy speech does take a certain hoopspaw. there is a one page summary that suggests people in the top 1% will get another quarter of a million dollars from the federal government. that's per an independent analysis while raising taxes on far more people in the middle class. so, does that benefit you? according to our financial colleagues at cnbc, you're this the national 1% if your family makes over $600,000 a year or in a city like houston you have to make $1.6 million to be in the top 1%. if that's more than you make, this plan doesn't help you. with me is the former chief o...