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Senate bill looks to implement some of the reform a year from now. our bill implements it for 2018. we should make it retro active to 2017 so people feel the impact of tax reform when they file taxes next year. let people feel the immediacy of tax reform but that's not what either the house or senate plan does. i think it's a mistake. >> bill: paul ryan was here yesterday and had a long conversation on all this. he mentioned the m word a couple of times. >> the tax cuts are aimed toward the middle income taxpayers. the president didn't want us to lower the tax rate on millionaires and provide ...

One that takes place -- there is no formal meeting or anything scheduled for them. they'll be in the same place. they'll bump into each other and say hello is certainly possible and likely. in terms of a scheduled formal meeting, there is not one on the calendar. >> bill: 36 hours ago rex tillerson said they would hammer out the possibility of a meeting. will it happen? will it happen today? we're watching from vietnam today. >> sandra: president trump sending a message on trade vowing to put america first. >> president trump: the current trade imbalance is not acceptable. i do not blame china...

Can tably across the tax code by taxpayers across the country. >> sandra: here is what one leading democrat chuck schumer how he is responding to this. i'll get your take on the other side. >> senate republicans are telling house republicans there is no compromise. full repeal or bust. >> sandra: your response? >> it would be nice if the chuck and democrats would want to compromise. we haven't seen them around this tax reform conversation. that's unfortunate. once again if he lives in new york, and he does, the reality of it is the rest of the country has been subsidizing high-tax states for a...

Merely related to national security. economic security is national security, is vital to our national strength. how is that message received by you? >> a terrific message. i think the decline of the u.s. manufacturing base has been really one of the causes of the stagnation of the middle class that caused the lack of faith in our institutions and sort of undermines our basic credibility. i think a little bit the handicap he is working under is that having focused on north korea for the past nine months you are essentially laying out two goals to china and other states. you're saying we want he...

We don't want to give other people the idea they can get a similar one. very interesting public comment. mike mccaul the chair of the homeland security committee said this. >> a larger question of encryption. we can't see those communications in advance. we can't see what they are saying in advance even if you have a wiretap or fisa, you can't stop that act from occurring. >> bill: that's a true story. you cannot stop it. buck. >> well, bill, this is the debate that will continue to go on when it comes to the encryption for private companies and the phones that they sell. and quite honestly it...