tv Hannity FOX News December 19, 2017 10:00pm-11:00pm PST
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so i am just very grateful for my colleagues and for those who were willing to stand up and do this for the american people and for the american families. >> lisa? >> this is a historic night and it was a historic effort. i have never seen so many people work together so much to look at so many numbers and to make sure that they come out right. as there has been in this effort. and that is important for the american people. they will notice the difference and they will notice it soon and this country will be moving forward again. >> 31 years for tax reform, 38 years, 38 years to get to this point where we will be able to say that we have an opportunity
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within the ten oh two area to access extraordinary potential, not only for the benefit of the people of my state, but for the benefit of this country, for any jury security, for national security, and truly, for security for our country's economy. it is a good day and it is indeed a historic day. >> there is no doubt that this tax reform process was about the american family, the american people. we have delivered on an important opportunity. that opportunity is to see more money in your take-home pay. this is a good night. >> members of the committee. >> i will reiterate this is a historic moment. december 20th, 2017, as i stand before you, we were able to bring relief to the american families and families across this nation. the fact that we are able to
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create jobs, increase pay wages, and also make sure that our businesses are competitive around this nation makes this a very, very important day. >> you know, we set out with two goals, one was to deliver direct tax relief for the hardworking families that we all represent. and the second was to take what's arguably been the worst business tax code in the world and turn it into one of the best, because the result of that is more investment, more growth, more new business, more expansion of existing businesses, and that means more jobs and more opportunities and a higher standard of living for the people we represent. it's a big night. >> udo, for years, democrats and republicans alike have talked about the need for middle-class tax cuts. tonight, we delivered on that promise. through other reforms, we are
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helping small businesses to be successful and we have now leveled the playing field with other countries around the world so that our workers have the opportunity to compete and win. i'm excited about this because i think it's going to make a big difference for the people we represent. >> well, what can you say? this is a big day for the american people. and it's a tremendous amount, extraordinary work, all the members in our conference, but i think the message that it sends to the world is that america is ready to lead again in the 21st century. like i said, for the american people who are going to get bigger paychecks, and witness economy starts taking up and growing at a more normal rate, more rages, better growth, better paying jobs, this is a win-win all the way around. i think the people of this country will see this early on next year.
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>> to my mind, this is really a referendum on whether we still believe that the american dream is alive. we don't believe you have to settle for anemic growth, flat wages, and fewer jobs, and the jobs that we do have, too many of them being shipped overseas never to come back. so we weren't willing to settle for the status quo because we believe that america can do better and thanks to this imported, historic piece of legislation, i think all of the incentives and the pieces are in economy to take off and for that slumbering giant of the american economy to rise again and lead in the world economically and militarily, as well. >> anybody else?
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[laughter] okay. we'll take a couple questions and then we will say good night. >> reporter: [unintelligible question] >> absolutely. we are looking forward to it. my view of this, if we can to sell this to american people, we ought to go to another line of work. i think this is an important accomplishment for the country. people will value it and appreciated. obviously, it requires us continuing this discussion with the american people and we are all going to be doing that, all through the year. >> reporter: do you at all feel like you are in the situation after the affordable care act passed, and democrats said, we'll take it out to the public and show them? it took a long time for them to come around, many years later.
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>> i think it's a little bit easier to sell that you have more money in your pocket then it is that the government is now running the health care system. so we believe that this is something the american people will respond to positively. i'm a little surprised that democrats all decided voting against middle-class tax relief and making american businesses more competitive was a smart vote. that's an argument we are more than happy to have going into the fall election, as well. i will take one more. >> reporter: what do you make of senator schumer saying that republicans will rue the day of making these tax cuts? >> your job is to use the democratic talking points, i understand that. look, we believe that this product will do two extremely important things for the country. number one, provide middle-class tax relief and number two,
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provide business changes that make us more competitive. with regard to the termination date, let me tell you what terminates this tax cut. the democrats taking the congress next november would turn this into a very short tax bill. so i think focusing on dates that may expire because of the need to fit the reconciliation roles miss the point. every single democrats voted for this. they are all committed to repealing it, raising taxes on the american people. that is what is at stake in the fall of 2018. thanks a lot, everyone. >> all right, that a senate majority leader mitch mcconnell wrapping up a very victorious news conference right now. the senate passing the tax reform package that they have before them. it will now go back to the house
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tomorrow. the house will complete its vote. the house did approve it earlier today but because of procedural differences, they will have to go back in and vote on that again. the house already assuring everyone that there is no problem with getting that done. they will presented to the president of the united states, who will sign the bill, and for all intents and purposes, the senate and house g.o.p. have conducted business the way they want to do. they will give the president of the united states his first legislative victory of the year and it's a christmas present that the president himself wants to give the american people. one thing i want to talk about, i want to bring in chad pergram, senator mitch mcconnell went right to the heart of the issue, that is that they will have to sell this bill, as you and i discussed before this news conference, they will have to sell it for the entire year. but he got very specific in terms of what will cause this bill to expire and then he turned the tables, if you will come on democrats, by saying, what would turn the tables on this bill would be the expiration if democrats are
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elected in november. so he went right to the heart of them in terms and as you know, this is going to be quite an issue, this tax reform package, for the coming year for midterm elections. >> there is a lot of democrats who will tell you, off camera, off the record, that they think that republicans made this bill so bad, in such a way that no democrats could vote for it and that mitch mcconnell and republicans wanted to put democrats who face competitive elections next year in a swing or battleground states, sherrod brown in ohio, heidi heitkamp in north dakota, claire mccaskill in missouri, want to put them in a bad spot, and say, we think this tax bill is very popular. you were in a red-purple state, why did enjoy democratic senator vote for this? if you do vote for them for reelection and maybe these tax cuts go away or they pick up a couple of seats elsewhere, down the road, doug jones of alabama or some place or flip dean
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heller seat in nevada, they can use that as a fulcrum against the democrats as an effort to maintain the majority. >> absolutely. he went on to say that four months ago in the news conference, mitch mcconnell said more money in your pocket as opposed to the government and your health care, referring of course to the affordable care act, better known as obamacare. i want to get to something else. that was senator lisa murkowski of alaska, who talked about, for the first time in 38 years, they are able to open up drilling inn and more. tell me about that and your reaction to hearing her say that because that is part of this bill. >> it is the arctic national wildlife or a refuge, in the extreme north northeast portion of alaska they have tried to get in alaska for years. this is a pet project of ted stevens from alaska and they had a big vote in the senate. he would always come in wearing
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an incredible hulk tie, kind of, he was going to buckle down and get mad if things didn't get done. so lisa murkowski had kind of taken off the mantle for senator stevens and tonight she came into the senate wearing an incredible hulk scarf, kind of a "no" massage to senator stevens. senator stevens never got drilling approved and they got it tonight, kelly. >> i want to add a couple other statements that have been made. i want to hear from senator john thune and senator john cornyn. john cornyn of texas saying this has been a referendum over there we believe the american dream is still alive. he added, we believe the american dream, that we can do better, and we want to for mediocrity. again, chad, they have to sell this to the american people. >> you know it's interesting, kelly? they keep running on obamacare, the republicans ran an obamacare
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in 2010, 2012, 2014, 2016, they will run on and again in 2018 and that was what the signal was for mitch mcconnell. we got rid of the individual mandate. we started to claw back some of the provisions of obamacare. and you should vote for us because we did that. they finally did a major portion of it. think of many different elections that they have had since they passed obamacare in 2009, 2010, when democrats were in control of both house and senate, that republicans have used this as a wedge against democrats. democrats still say that as a winning issue and if they take away their health care, that is a problem. but again, you can expect to look at some ads in 2018 that will focus on obamacare. >> let's talk about kevin brady, on the house side, who helped champion the cause for the tax reform bill on the house side. he said that in february, the american people will begin to feel the benefits of this tax reform package by having more
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money in their pocket and they will see it that early and he went on to say, you'll still be able -- most americans -- will be able to follow their taxes on the size of a postcard. >> and that is the postcard test that i referred to earlier. a lot of people, if you don't do a lot of deductions, you will be able to follow this postcard. it will be a little bigger than people thought. seven brackets versus the four, which was in the original house legislation, they went up to seven in the final version. they will still be a lot of people who itemize. there is some argument to be made that not everyone will get that benefit because they see the opportunity for shelters or write-offs open up the case may be and on one hand, they probably have simplified it, if you don't have write-offs or certain shelters, it's a problem if you do. it's a problem and the other direction. and so that might be a great selling point but if a lot of people don't feel they have simplified the code, they don't
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have to spend hours pouring over paperwork and calculators, going to see their accountants, that really stresses people out in late march and april. if people feel they are in the same vote, then that might not be going so well for mitch mcconnell. >> we will see. it's all done, except for the house procedural vote tomorrow, of course, just to tidy things up and then it goes to the president of the united states and he is willing and able to do it. chad pergram, we think you always for your great work. you are a general and a lion, if you will come of congress for us here at fox news. we appreciate you. >> thank you, kelly. >> god bless you and merry christmas to you, by the way. >> merry christmas and happy hanukkah. >> december 20th, 2017, as 1 one senator product, we've been able to create relief, increase pay wages, increase jobs, and make our businesses more competitive throughout the world. we have taken the worst tax code in the world and turned it into a great opportunity. that's with the senate is saying
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tonight on the g.o.p. having passed this historic bill, calling it a historic night and for all of you, you have been watching special live coverage of the senate tax reform vote that took place here tonight. we at fox news have been fortunate enough to bring it to you and having chad pergram weigh in on it. again, we can only say a lot of gratitude to him. again, as he talked about, the american people will have to be sold on this as the senate and the house and the president of the united states, the g.o.p., moves forward to talk about this. again, a historic night here in washington. we'll continue to follow all of the developments of this new tax reform package. a historic night. thank you for joining us for this moment in history. i am kelly wright. this is a fox news special report. or make me feel like i'm not really "there." talk to your doctor, and call 844-234-2424.
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relief, but an opportunity for businesses to be competitive globally, we have a chance to take america to new heights. we are confident this will work and we are confident to take the argument to the american people. as the one that was g.o.p. congressional leadership praising that tax bill. it just has to be voted on by the senate tonight. democrats are using their scare tactics to try and kill this historic piece of legislation. take a look. >> this is the worst bill to ever come to the floor of the house. stiff competition for what some of the things they have tried to do. the worst bill in history. the number of people it affects, the amount of money it sucks up to the higher income for you to speak of history will vote. future generations of americans will remember who cast their votes to raise taxes on 86 million middle-class households. >> how can republicans defend this? the only people who want it are there very wealthy paymasters
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who seem to run the republican party these days and they are running it into the ground. >> kimberly: joining us now with the reaction is fox news contributor charles hurt and former obama economic advisor austan goolsbee. thanks for being here with me tonight. good to see you. charlie, are you surprised by this gear tactics democrats are using to attack this bill? did you like the pelosi montage? >> [laughs] that was great stuff. they are starting to buy into this media myth that this is somehow an analog to the obamacare bill where, yes, it was put through on strictly partisan lines, but my goodness, the difference between obamacare and tax cuts, nobody likes obamacare. americans love tax cuts. the tax cuts are something that republicans have run on and it won them the white house and both chambers of congress and they are fulfilling a promise that they made. >> kimberly: you are a smart
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economic man, austan, why isn't that the democrats have jumped on board to help the dollars in the middle class, the pockets of middle-class. why do we see such vitriolic rhetoric coming from the likes of, you know, democratic leadership, nancy pelosi, saying how bad it is? >> because it is bad. it is not primarily a tax cut for middle-class people. that is the main reason. this thing has the support, it has a 26% approval rating by the american people. that is the most unpopular tax cut in the history of polling. i believe that roy moore and alabama has more support than this tax cut. >> kimberly: here we go with the drama. >> i think the republican party needs to do a better job of creating a bill and of explaining a bill. when i say creating the bill, they are going to have to re-vote because they put errors in the house version and it's only the tip of the iceberg.
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>> kimberly: if it passes the senate tonight, which is what we are waiting, to get the senate voted in, it will go back to the house. i can occur, there are some messaging issues, perhaps they can sell it better. charlie, -- i will give you that point. but when people are getting the benefit and the dollars in their bank accounts, and they are able to buy some extra things for their families, make some investments, may be be able to get a mortgage on a home, do something like that, or get that car or pay for education, that come unto me, will swell the polling on it and people will like it. maybe they just have to feel it a little bit more before they love it. >> i would stipulate, austan, you are right about that, republicans are -- this is their new slash. they are terrible about messaging anything. they have been terrible about messaging this bill. what i would say is, once this takes effect, the proof will be in the pudding, as you say,
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kimberly. if it works, if what they say, if the stimulus does kick-start the economy, republicans will be in very, very good shape, not only in two years or one year, but also in three years. if it fails to do that, and it really is just a tax cut for the rich and the rich just get richer and the middle-class doesn't feel the benefits from this, then they will be in real trouble. >> kimberly: the upper echelon isn't even getting a tax benefit. there are some corporate tax benefits but the majority of this is coming for lower and middle class families. >> not true at all. not even remotely true. the majority of this bill, more than 80% of the money, is going to high income people and big corporations. by the time it's fully phased in, literally 53% of americans are going to have their taxes higher than they are now because they are phasing out all those middle-class tax cuts that you are promoting. if the reason this bill is
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unpopular is not because the republicans used the wrong words to describe it. it's because what's in it for you that is why the american people do not like it. you guys are wrong. you are deluding ourselves if you think this is not going to be hung around the necks of the republicans. >> i'm sure democrats will try. but i also think that you, austan, and nancy pelosi suffer from ptsd after passing obamacare. it was a terrible bill and everybody hated it and democrats lost a thousand seats. the only person who managed to win reelection off of obamacare was obama himself and he was a very special, unique candidate who appealed -- >> that was a tough moment but i will remind you that obamacare is more than twice as popular as this tax bill. >> kimberly: popularity of presidents tends to go up after they left office. i think this will be, if you look at it, president trump was able to bring this -- i think they should have done tax reform
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first. before trying to do replacing obamacare and repealing it. charlie, i see you moving. >> very important here, the fact that i would argue that this bill, because it includes the individual mandate, does an awful lot to accomplish donald trump's entire legislative agenda, in the single bill. both politically and i think pragmatically, i think that it's a huge deal for republicans and donald trump. >> kimberly: that is why i think it should have come first. how do you counter that? >> i don't counter that. if the president had started with infrastructure, he actually could have gotten a lot of democrats on his side. >> you guys just want to spend money. that is all you want to do. >> kimberly: that's why i call them tax and spend democrats, austan, because you guys are good at spending it but what is there to show for it? this bill, they are trying to put money back -- and let people have economic power. >> i really think you are going to regret having had this
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conversation and put yourself on record saying that this is a good idea. >> ptsd. >> ptsd. >> the american people do not like this bill because of the bad bill. it's riddled with errors and it creates tons of loopholes and we are going to find this out. >> no, it doesn't. it doesn't eliminate nearly as much as i want -- >> it creates a 20% pass-through rate for a very rich people who can convert their income into business form. that is going to be an unbelievable loophole, the grandmother of our loopholes, and we are going to see this play out over the next two years, just like they did in kansas, where they did something very similar. >> kimberly: charles, where do you think the president can go with this in terms of the messaging? everybody is talking about midterm elections already in 2018 and trying to use this as momentum to be able to retain the seats. >> obviously it is a tremendous victory for him, being able to work with congress and get something through, that is a
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tremendous victory. but i do think that what matters is, does he continue to do what he's been doing all along, which is to use administrative means to continue to cut red tape and convince people that he's serious about growing the economy and freeing -- let people pursue their economic interests on their own without involvement of the federal government and that he continues to do that, at the economy is strong, and 2018 then republicans will do very well. they will do just fine. it's always tough for the party in power after -- for the first midterm election. but most importantly, in three years, he will be fine. if the economy is humming and people feel better about their situation, he will be fine. he will win. >> kimberly: i think you're right. we look at it historically, austan, when you've had booming economy and people feel good, have job security, they see the market is up, they see job
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growth, all of the above, good gdp, many times, the incumbent will win reelection. it worked out with clinton and -- >> donald trump inherited the lowest unemployment rate of an incoming president and a half century -- >> kimberly: here we go. >> if he can continue the obama economy, he probably does have a good chance for the democrats have to get their act together to take them down in 2020. >> kimberly: charlie, president trump should send president obama i think you don't have some sort? is that what it was? >> [laughs] this reminds me of during the obama years when everything would go wrong, even and the seventh year, obama would still blame his predecessor, president george w. bush. and now it's the exact same thing. it's left. i think there is still time, austan. i think we can bring you over to the good side. >> [laughs] >> kimberly: we got to show him the money. follow the money.
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>> you will -- when everything goes wrong, you will say i knew that was a problem he should have gotten rid of it. >> if you are an honest economist, i think even you will be turned around on this within three years. >> kimberly: we will have to meet back here in three years. mark your calendars. fantastic. guys, that was a pleasure. coming up, we are awaiting a vote on tax plan. also, tonight, republican congressman blasts andrew mccabe before his testimony on capitol hill and senator ron johnson is demanding answers about how robert mueller obtained trump transition team emails. gregg jarrett droids is next. stay with us. ♪ ♪
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>> kimberly: this is a fox news alert. and we are looking live at the senate floor where a vote on the republican tax reform bill will be taking place very soon. and this tax bill vote is not the only big news coming out of capitol hill this evening. fbi director andrew mccabe is still testifying before the house intelligence committee in a closed door hearing. he has been there for seven hours. mccabe's appearance comes amid growing criticism over his alleged conflicts of interest in the clinton email probe and allegations of anti-trump bias within the fbi. just yesterday, senate judiciary chairman chuck grassley suggested that mccabe should be replaced and fox news has exclusively learned that senator ron johnson has sent a letter to the general services administration asking for more information about the trump transition emails obtained by mueller and his team. joining us now is go pac chairman david avela and fox news legal analyst gregg jarrett. thanks for being here tonight.t. senator grassley is openly saying that andrew mccabe should be fired and replaced. do you agree with his
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recommendation? a >> absolutely. this is a guy who probably has spent the day wishing he was getting a root canal instead of answering questions now behind closed doors now for seven hours.s. two minutes ago it was still going on. he has a lot to answer for. why didn't he recuse himself from investigating hillary clinton when his wife was getting clinton related money, $675,000? that's unconscionable. what was going on in his office with peter strzok and lisa page, the two fbisa agents who were sending these anti-trump messages. what was this insurance policy plan they had in mind? and also, what was the fbi's role in this dossier paid for by hillary clinton and democrats to dig dirt on trump?la was it used to get a fisa warrant to spy on trump? and what was bruce ohr doing talking to, you know, the founders of fusion gps and the officers there and christopher steele when his
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wife is working for fusion. ohr has been demoted. there has to be more to it and the fbi seems to be clamming up. >> kimberly: what do we make of this? gregg jarrett's sake, how could this go unnoticed at the time, and it seems to baked in and such inherent bias at the time with the specific agenda that really compromised the integrity of the investigation. >> it makes you wonder iff bob mueller has a tattoo of hillary clinton on his leg h like the guy on "saturday night live" does. >> kimberly: right, exactly. >> bob mueller took a respected career and turned>> it into emotional therapy session for clintonn apologists who want to use it as a way to justify why hillary clinton lost. there were plenty of people he could have picked to put on this investigation. many career fbi agents who would have done a very thorough and much faster investigation than what's been going on rightas now. and that we're stuck here r with what now looks clearly like a political witch-hunt. >> kimberly: gregg, so many
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people are saying that mccabe is going to resign. some were shocked he went forward to testify. they thought his exposure and involvement with significant, in getting grilled in terms of the questions there that what we saw previously last week as well. >> well, i think he probably feared getting in front of a federal judge after a contempt of congress citation. so, instead, they negotiated it and doing it behind closed doors under the guise of classified information. i would be surprised if, you know, 25% was classified and 75% americans should actually be watching. americans want to know, what was going on here? >> kimberly: in terms of g making that determination, you make a great point. we have seen hearings that's been public. and then if it rises to the level of giving classified information, they make that predetermination. people at home are sayingti wait a second. what's going on here? this is an investigation that appears to have bias from what we have seen come out in the reports in the
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media but now the rest of it is behind closed doors. >> the hillary email case is a good example. it was closed, right?a and there is nothing classified in there. especially if you are askingg mccabe, what was your role in the exoneration letter? why was the wording letter changed to absolve hillary clinton when originally it was determined she committed crimes? did you change some of the wording along with peter strzok? now, none of that isin classified information. so there is no reason for him to hide behind closed doors for something like that.eh and some of the other information, the dossier, arguably that's not classified either.r. after all it was scheduled by the democratic national committee and hillary clinton. let's get to the bottom of that, was it used for a fisa warrant? again, i would argue that's not classified information. >> kimberly: david, what's your take? >> this is doing more to keep president trump's base behind him and supporting him than even this tax cut which is very important and very critical for republicans in 2018. this investigation is doing more to keep the president's base behind him and it's the
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democrats' hope that we talk about this and not talk about the tax cuts that we're doing. not talking about the individual mandate that's being repealed in this tax cut bill. not talking about the jobs that are going to be created by opening up anwr. this bill is historic and significant that's going to pass tonight. but, yet, the democrats hope we continue talking about this investigation. >> americans don't seem to be by buying it, hillary -- kimberly, i'm sorry. because, yeah, i have hillary on the brain. >> kimberly: i know. goodness. >> because the latest poll show that 53 or 54% think that it's tainted. it's corrupt. and even larger number think that, you know, the fbi and the department of justice are hiding things from the american public. and from congress. so, you know, the american public, you know, they are smart people. they know that the deck seems to be stacked. all you have to do is look at the people that mueller chose. there is not a single republican among them.
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one of them was a lawyer representing hillary clinton. another one has sent anti-trump messages to sally yates and was there at the-t what was supposed to be a celebration on election night for hillary clinton. these are people -- i mean, there are plenty of great lawyers out there that could have been selected but not those with a political axe to grind. >> kimberly: that's the problem, as a former prosecutor, and having worked as well with the fbi and with investigations, that, you know, on corruption as well. and when you think aboutor this, that they really just had such a predetermined focus, david, that they had an outcome that they wanted to achieve, it just really shakes the core of the foundation of what we think. the fbi, in my opinion, and people that i work with, some of the most outstanding men and women, finest agents out there, and they really work hard and a lot of them are upset by this, too, of the bad behavior of a few of these people involved.
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>> as they should be. as, also, the very people who are cheering an investigation that is indicting people for things they did years ago are the very same people who say hillary clinton's actions are in the past and there's no reason to investigate them. it is the biggest double standard on whether justice is for everyone or not. >> we don't have kings and tyrants here in america. nobody is above the law. if you broke the law, then you should be held accountable regardless of who you are. you know, hillary clinton pass't get a free simply because she was a political opponent of the guy who won. which is the argument that a great many democrats seem to be making, as though you can't weaponize politics like this by going after a political opponent. that's not the case. if a political opponent breaks the law, and does so with impunity repeatedly, she ought to be heldld accountable. >> kimberly: absolutely. we don't want to think there is a different standard of justice depending on what somebody's political or partisan ideology is, david. >> to gregg's point, the only way to get people to say want investigation going
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overpoll democrats like they did in this tax bill. suggesting that somehow americans don't support this. the media polls far more democrats than republicans to get unfavorable numbers on the tax plan. >> kimberly: gregg, do you think this is going to help not only the president? the president said from thee beginning no russian collusion. they tried to put this on him to undermine his presidency. can he use this somehow to help him in campaigning for this 2018 midterm election to help some of the people he needs to keep in for the vote? >> i think democrats need to be careful here, that they don't continue to push this. there could be a tremendous backlash. there so far doesn't appear to be scintilla of evidence of any collusion during the campaign. even if there was, it's not a crime.e. only antitrust law, as you well know, as a lawyer. the question of whether or not mueller will go after the president for obstruction of justice, i don't even think it's a closed case. there has to be a live threat or a bribe and not
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even comey alleges that. president was well within his constitutional authority to dismiss comey. comey admitted it in a letter to his staff.ta >> kimberly: maybe let mueller finish the investigation. >> sure.in >> kimberly: the president is saying he doesn't have anything to -- >> these things tend to go on for a couple of years, that's the problem with special counsel's. >> he should finish it but do it with people fairly. >> kimberly: ed henry is standing by on capitol hill with an update on the tax reform vote. we will speak to two republican lawmakers abouthe what this means for your wallet. stay with us. ♪ my name is jeff sheldon,
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>> kimberly: welcome back to "hannity." this is a fox news alert. we are awaiting a senate vote on the tax reform bill that passed the house earlier today. ed henry is on capitol hill tonight with the very latest. ed? >> kimberly, good to see you. we're less than two hours now from what we believe will be a vote on the senate floor tonight on the president's what would be his signature domestic achievement. his only major legeslative accomplishment this year after the failure to repeal and replace obamacare. remember, republicans were dejected after that. a lot of critics and nay sayers were saying the president is not going to get anything major done by the end of the year. they have gotten this done
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in just a couple of months. put the pedal to the metal, if you will. this could be a dramatic victory for the president. it did not come, though, without a hiccup. the house voted earlier today to move this tax cut forward. get it over to the senate. as i mentioned, but then the parliamentarian in the senate realized that there were some provisions that were included in the house version of the bill that ran afoul of parliamentary rules, budget rules that basically shield this bill from a democratic filibuster to keep it that you would need a simple majority of 51 instead of 60 votes. the bottom line is, the senate will move forward with this tweaked version of the bill, clean out some of those small provisions. they are likely to pass it about 11:30, midnight tonight. and then the house will come back and vote on this new version of the bill early tomorrow morning. the bottom line is what's more important than the process is the substance, what it means for our viewers. what it means, kimberly, is that this is a $1.5 trillion
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tax cut. the most sweeping tax changes since the reagan administration. you are talking about the biggest tax cut in three decades. and so this is a big win for the president. you have democrats saying it will be an anchor weighing down republicans in the midterm elections next year because of the cost of this package and also because they don't think it's going to have the economic benefits that republicans are promising. but, the president has already been tweeting about this, as you know, in the last 24 hours, talking about how the stock market has been on fire lately. economic growth has been on the rise. and he certainly believes that the white house, that this is going to turbo charge the economy, if you will. and that's why we are expecting the white house, once the senate votes tonight, house votes tomorrow. they want to get this to the president quickly. so that it will take effect for 2018 taxes. it will not affect your taxes this year, kimberly, but it will next year. and this is a big win for the president. >> kimberly: all right. ed. thank you for that update and we will be waiting for that vote to take place.
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joining us for reaction are two republican lawmakers, congresswoman marsha blackburn and congressman peter rossman. i wanting to begin with you congressman blackburn, how big do you think this is going to be for president trump's agenda in this is something he promised and needs to get a win on the board and pivotal for 2018 for midterm elections. >> it is a big win, kimberly, because this is the type win that everybody is going to see the results and the benefits of. almost immediately. after the first of the year, because these kick in january 1, so, employees can go set their withholding, they will be able to take more money home in that paycheck, beginning in january. there are also for our small business owners who are going to be looking at their tax schedules and saying all
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right, we pay quarterly. and think about main street america. all those shops that line the streets, they're going to be able to reset because of the lower business rates that applies to all of these small businesses. >> kimberly: congressman, what do you think about this? it seems like they have been able to work pretty well. president trump has worked constituents that have supported him in the past and also worked closely with paul ryan to get this through. >> look, it's a very big and way around. i think in part we have been shaped by the struggle on the healthcare debate. and it was a very difficult time to go through and incredibly disappointing. people on capitol hill. republicans on capitol hill recognize that. and said, let's not repeat that. there is an interesting dynamic, too, in that there is no defender of the status quo as it relates to our tax code today. the tax code is a disaster. 70,000 pages and it's holding us back.
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and what we were able to do in the course of this process is bring a wide range of opinions together around this idea of doing two things. number one, offering real tax relief up and down the spectrum and primarily towards folks in the middle income. and, number two, giving businesses tax relief as marsha just said, to create a different business environment. much more forward leaning. much more investment oriented and much more expansive. that is something that i think most folks are really pleased about. >> kimberly: where do we go from here, congressowman blackburn, in terms of the president trying to use this for maybe other legislation going forward as sort of a, you know, a framework for support to get people on board, to put some of the legislation forward that he needs? because there was a struggle, you know, with trying to repeal and replace obamacare. this seems to have gone much more smoothly. >> it has gone much more smoothly. we fully anticipate that you will see healthcare come back in the spring. think about it like this, kimberly, we have addressed
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regulations. the president has been doing a great job of working with us. a lot of that has come off the books. we have been able to address taxation. and we know that those two together will lead to job creation. now, that means we need to pivot to infrastructure and we need to begin to look at the out-of-control spending. what is happening with all of the entitlements? where you see that growth sending medicaid back to the states. so, we can pivot. work on infrastructure. work on getting the spending under control. 2018 is going to be a fantastic year. it's going to be a year of accomplishment. and i look forward to it. >> kimberly: all right. congressman roskam, in particular people in illinois can use the support. what do you make of it? >> the general assembly jammed through a massive income tax hike, it really hit folks in the middle income and hit folks up and
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down the spectrum. this is welcomed relief for my constituents in suburban, chicago and all throughout illinois. and states like illinois that is positioned differently than states like tennessee that are doing better that's of better tax policy, are getting welcomed relief under this bill. i'm really proud to be art part of it. >> kimberly: we are waiting for senate vote on the tax reform bill. we want to thank you you both for your time today. and, coming up, we have much more hannity right after the break.
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senate tax reform vote. laura ingraham is up now. are you doing "fox & friends" in the morning, a cooking segment. >> i'll check my email. great job as always. welcome, everybody. to "the ingraham angle". from washington what the president should do next year to improve his popularity and perhaps prevent a mid-term wipe out. that's the focus of tonight's angle. with the economy up, isis pummeled, criminals deported, 12 appellate judges confirmed. regulations slashed and consumer confidence high, one would think the president's poll numbers would be above 50. they're not. of course, the usual suspects in the media, the same people who erroneously relied on polls in 2016 are eager to hype the bad trump news. >> today we have a
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