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About we should say, passage is not a sure thing. eight senators expressed reservations about the bill and republicans can only lose two votes and still pass it. and then there's this. today the joint committee on taxation, the official nonpartisan analysis reported over the next decade the senate bill would give large tax cuts to millionaires while raising taxes on american families earning $10,000 to $75,000. with me now, former u.s. secretary of labor, robert reich, start of the netflix documentary, "saving capitalism" based on his book of the same name. i am almost amazed they have been ab...

Individuals like donald trump. everyone else either gets a relatively small tax cut or somewhat amazingly, actually sees their taxes go up. last time house republicans passed a bill this big was in may, and the president held a big wildly premature party in the rose garden. remember that? we all know how that turned out. there was wisely no rose garden party this time around. as it bill must pass the senate, which, if passed would then need to be reconciled with the house bill. about we should say, passage is not a sure thing. eight senators expressed reservations about the bill and republican...

One more vote. outside now, stephen moore about robert reich. his new documentary, saving capitalism, debuts on netflix this month. stephen, start with the promise from the trump administration. the treasurety secretary of the united states says the biggest company in america, apple, has committed to bringing back money to the united states and investing here if they get this tax cut. here he is. >> apple is kind of the poster child of this. so the ceo of apple has said to me when we go to a territorial system, we're going to bring back tens of billions of dollars and they're committed to vinc...

Small businesses and when i ask them that question, you know, will you, if you get this tax cut, will you reinvest it in the united states and more business and jobs and they say yes. a lot of them say -- by the way, i hope that bob reich is able to save capitalism. the first thing you've said that i like. i love the idea of saving capitalism. >> not changing the topic. a chance to respond. these big companies are the ones with the money who are the reason for the tax cut. they're not going to increase capital spending. that's a big problem, yeah? >> well, it's huge. if we didn't have an exper...

$900 goes straight to rent, and i have to pay for gas, and then my phone bill. i end up with nothing. i sometimes have to go to the payday loan and get a loan on my paycheck in order to make it on time and don't get any late fees and try to make ends meet. >> $1200 a month. $300 for gas, phone and then try and make your food work out of that. i want to bring in former labor secretary robert reich. "saving capitalism" comes out a week from tomorrow. good to see you. thank you for being with me. there's a report that came out from the institute for policy studies that says the three wealthiest p...