it was kind of that once in a generation cleaning out of the tax code but importantly it lowered individual tax rates to the tune of about one hundred twenty billion and then it found about one hundred twenty billion dollars of revenue from increasing corporate taxes so in the end it was a revenue neutral measure and president reagan was very adamant back in one thousand a six that he wouldn't sign anything that increase the national debt what you have right now is a bill that will add about a one and a half trillion dollars to the national debt and there in there is a disagreement about how much economic growth will come out of this but i think even the most wildly optimistic assumptions no one finds that will completely offset it the debt with increased economic growth and so this really is republicans abandoning their long standing opposition to adding to the national debt the economic growth of the united. states and in the. stock market does trump deserve credit for this well certainly you know there has been

a slight strengthening of the economy the economic growth over the last year i think it's important that this really continues a long term economic recovery that began back in two thousand and ten under president obama what i do caution people on is president trump always likes to look at how well the stock market is going up point out that only fifty percent of americans just individual stock of stock and for a one case other pensions and so really the measure is not how the stock market is doing the measure is how average americans are feeling reasons why democrats think we need to increase the minimum wage is one of the reasons why we need to do to get more good paying jobs and hopefully this bill does that but the jury's still out on that. no the presence of the tax cuts and the pending tax bill will be rocket fuel for the american economy you think so well look history has shown that claim not to be true if you go back and look at the two thousand and one bush forty three tax

cuts or the massive tax cuts in the state of kansas in two thousand and twelve they really didn't have any economic stimulus aspect to that contrasts you look at the nine hundred ninety three clinton tax increase or the tax increases under president obama and you had a long period of economic growth that followed it so it's not just economists that have cast doubt on the economic impact on this it's history as well you know i chuckled you may have seen that wonderful clip of gary cohn asking a group of c.e.o.'s whether they would take the that the corporate tax cuts and and use it to create jobs and you know virtually nobody raised their hand in this room of you know about one hundred people or so as trickle down never worked. well you know i guess the question is it depends on how you define trickle down i think a trickle down that is aimed towards the super wealthy does not work and the truth of the matters our economy is based on consumer spending so the only real economic

stimulus a tax cuts can have is if you have a broad based tax cut that goes to a lot of people who are buying things and you've seen billionaires making this exact argument saying look i can only buy a certain amount of things with the tax cut i you know i already have one yacht i'm not going to buy more than one yacht and so the problem with this tax cut is that it's overwhelmingly geared towards the super wealthy and it's not really putting money in the pocket of people who can best spend it and keep this economic recovery going to have on next year's congressional elections. as well it will look it clearly is a much needed political win for the g.o.p. and it's one of the reasons why they are rushing so hard to get this done i was. i was interested to see some of the polling numbers over the weekend the most recent quinnipiac poll for instance finds that only twenty five percent of americans support this tax cut this tax cut is the least popular tax measure in recent

history and what's stunning about it is that this is even less popular than clinton's tax increase in one nine hundred ninety three or george h.w. bush's tax increase in one thousand nine hundred and so when you've got a tax cut that is less popular than a tax increase i don't think that bodes particularly well for the members of congress that are going to be running on it in two thousand and eighteen but obviously the midterm elections are still a long way off you have a good month this week. i hope dot the government has a significant impact on everyone's lives not only in terms of national defense in terms of important programs homeland security's airport security everything across the board relies on the federal government the problem we have right now is that we continue to have too much on certainty in washington obviously both sides are not coming to the table to talk about this i think if history is any guide we will not have a shutdown but i think we'll probably get really close to the wire before we resolve

it and at best what we'll be doing is kicking this can down the road a couple weeks until right before christmas time and so which is the worst thing for congressional staff because they're going to be working right up until the end of. the year. the whole series of the trim white house oh i think it's incredibly serious i mean it's clear from the charges that the special counsel brought he brought really the least the least significant of all the possible ones that he could have brought he's got clearly a lot in his back pocket that he's going to be using to entice general flynn to cooperate and obviously to potentially incriminate someone else and at this point there are a lot of people above the national security adviser i think beyond the possibility of flynn possibly incriminating. the president or somebody whose family i think it's just the disruption to the white house operations there was a story in politico this week that shows that white house aides are now concerned

about who among their colleagues might be a cooperating witness who might be wearing a wire as they're going to meetings i worked in the white house for four years and it's a very stressful place to work you need to be able to trust your colleagues and when you have that level of uncertainty you've got legal jeopardy hanging over a lot of people it's hard to function even if they venture early even eventually the special counsel finds nothing against the president term seems and ten down over opens who've everything obama did do you think it's personal. you know i don't know if it's personal but i think i would agree with your assessment as well and even on some of the things that frankly don't really matter you know i mean you saw a couple weeks ago that he tried to overturn a ban on hunting of elephants and i don't think there's a lot of americans who are clamoring to go hunting elephants and and to me that was

just you know the latest example of trump wanting to erase something that obama done even if it was a good thing you know at a certain point the trumpet ministration is going to have to find their own policy initiatives and right now it's simply about reversing some of the recent gains under the obama administration. to the twenty eight obama biden transition you said the trump pants transition team was botched what was the secret to putting together a good transition team and ministrations change well you know the presidential transition is one of those unique things that we have in our democracy if you look at other countries you know the u.k. canada that have parliamentary governments they generally just turn over you know maybe one hundred or so political folks when there's a change in government in the united states we turn over four thousand political appointees in the federal government out of two million civilian employees it's

really the top level of the entire government you would not do that for a fortune five hundred company you know a university or any large institution but the fact that we've been able to carry over this to do this transition every forty years is a sign of the strength of our democracy but it's also speaks more broadly to the importance of having early planning. then senator obama and i started talking about his transition in april of two thousand and eight this was two months before he had even wrapped up the democratic nomination it was seven months before he even secured the presidency. because he understood that when you're going to do this transition and particularly in two thousand and eight which was the first post nine eleven transition you need to plan you need to think about who's going to staff your administration what policies you're going to push forward what the role of the federal agencies are you just can't do this overnight we were also blessed with a remarkably cooperative relationship that we had with the outgoing bush

administration and president obama was very vocal in his praise of president bush for the cooperation that they provided to us and pledged that same level of cooperation to whoever a successor would be so i've seen it certainly on us coming in the door and i helped facilitate the transition on the way out the door to the trumpet ministration unfortunately they didn't take the planning a seriously the day after election day they fired the transition director who was governor chris christie and the period between election day and inauguration day really seemed to be one of chaos that sort of has continued into the past year you think is force they didn't expect to win i do think they did the i think that's exactly right and they are the proverbial car who caught the dog and wasn't sure what to do with it and i think you've seen them playing catch up really over the last year chris you've been a great guest i hope we can call on you again i would love to thank you for having me thank you consume thanks for joining us today the political panel weighs in

after the break and we'll be right back.

elliston is getting international recognition with the help of israel. the coalition that it has been it has been basically destroying yemen killing civilians and now its. common. stock. saudis refrain from even killing babies. indiscriminate bombardment of civilian areas in yemen for the past thirty months. and politicking tanks will stop them and bad news for the white house in the russian probe sexual harassment allegations in the nation's capital and beyond some of these and the administration in december and here to break down and provide

their expert opinion our political panel david jolly former u.s. representative republican of florida frequent critic of them from the administration joins us from tampa and bill press talk radio host for aggressive commentator host of the bill press show on the young turks network he is in washington gentlemen assuming the tax bill is tested and signed david which party benefits. i think the democrats to listen this is not a tax bill for the base that elected donald trump that made him president united states look i'm all for making the corporate tax rate in the united states more competitive but this is not the way to do it the g.o.p. has never sold this tax bill to the american public and that is the reality look you can go back to bush forty three and he recognized very quickly we have to make this personal for every taxpayer what this g.o.p. tax bill does is it undermines thirty years of tax policy that is rewarded saving

for a home saving for your retirement saving for education and instead just benefits big business i think the democrats can run on this geo tax g.o.p. tax bill going into twenty eighteen bill. you know i could not have said it better myself congressman i think larry the republicans will rue the day that they passed this tax bill in twenty eighteen because i think the american people will wake up and discover most of the america the ninety nine percent and david jolly is right the the trump voters trumps base will wake up and realize that they're the victims i think of a giant scam they may get a tiny little tax break may for like a couple of years and then that's going to disappear but the big tax breaks for the wealthiest of americans and for the big corporations will remain and then i think you know we're going to have this deficit add to the deficit of a trillion a trillion and a half dollars and i so i think round this is only round one round two where

republicans are going to next year say oh we've got this big deficit we've got to cut spending meaning we've got to cut social security medicare and medicaid to make up for that deficit so i think this is a double whammy bad news for the american people which will end up being bad news for the republican party david your party has always been strongly against deficits so why would they do increases larry. larry that's why i became a republican at eighteen years old the now forty five i don't recognize the party i signed up to be a member of listen we used to talk about deficit neutral tax reform we know that we need to reform mandatory spending the math is the math if we take the politics out of it we know that's the case but here is what republicans suffer from right now they are ruling as ideologues not as a congress or a president that needs to represent the entire country and i like to believe that

parties are stronger through addition not subtraction but right now what the g.o.p. is doing is they're isolating and alienating people particularly on an economic empowerment agenda that only recognizes. the wealthiest we do need to begin to have a national conversation about how we shore up social security and medicare and medicaid does that mean additional revenue does that need means testing it does that mean benefits cuts that's a national conversation but republicans are ruling right now as though they have all the answers and they simply don't. touch some of the areas bill. who's going to not lament the special son of the action. boy is david job is closer to. the only mean geographically as all i know. but you know from what i see that i think i fear that roy moore is going to win that race i just think the people of alabama so many of too many of them have dug

in their heels they don't want anybody telling them how to vote you know they're willing to believe these women are all liars i think i think they're wrong i believe them i don't believe roy moore and now donald trump is out there on the phone and endorsing him and and saying we need him because we need his vote for tax cuts i have to tell you if you have to in my judgment if you have to depend on a pedophile or a pet or rast or sexual assault. perpetrator to get your agenda through congress then you don't deserve to get your agenda. do you think. well so listen i believe that women i don't think roy moore should be in the senate nor in the republican party but if he wins republican voters will have had the opportunity to elect him based on the same knowledge the u.s. senate has and i don't believe the senate can prohibit him being seated what we saw this week larry is important and it was a market shift three weeks ago we saw republicans in washington saying that we

wouldn't see him that he shouldn't be elected today or this week we saw the president endorse him we saw mitch mcconnell equivocate we all we saw other republicans say if he gets elected they will accept him and that means that donald trump and roy moore might be the face of the republican party which spells a lot of peril for republicans in the coming years you were in my larry can i just want to say also i think that i think it raises serious questions about the evangelical movement in this country that they stand for christian values and yet they supported led by reverend jerry falwell jr they supported donald trump all the way falwell said he thought he believed that the women donald trump accused donald trump are all liars he said the same thing about roy moore you have to ask you know what gospel are they reading and what brand of christianity are they selling. a weekend from said he had to fire michael flynn because flynn lied to the mikes

prison the f.b.i. and now the president's personal attorney john down claims he wrote that suite and not trump. is this evidence of obstruction of justice what's going on what do you make of this whole flynn thing david. so if his attorney wrote it his attorney should be disbarred but the big question here is whether or not donald trump is setting up a firing of bob muller listen we might see obstruction charges reach this president based on the current investigation but his behavior right now is only going to elevate that likelihood that we see obstructionism and what we have seen from this president and his administration suggesting that he is above the law rings of shades of nixon and the words are almost exact and so what the president does from here on out will be ultimately determined of of his survival in this presidency and it should be because the reality is no president is above the law and this

president is certainly acting like yes bill you know larry first of all. if the president for john dowd wrote this story and gave it to the president which i don't believe but even if that's the case the tweet went out under donald trump the name he must of read it one would hope before he sent it out and he sent it out donald trump owns this tweet he can't back away from it we've been told i go to the white house briefing sarah sanders and stan spicer before her told us that presidential tweets are official presidential statements so they are or they aren't and if they are then the prisons got to live by the street if you listen if you read that tweet he says he knew flynn lied to the f.b.i. he fired him for that reason and the very next day he asked james comey to stop the investigation of michael flynn now if he knew that all of that and tried to stop that investigation look i'm not on to attorney but i believe that is obstruction of

justice that's a serious charge and now for john dowd to go out and say the president cannot be charged with obstruction of justice is ridiculous ask richard nixon presence not above the law david a.b.c. news brian ross who i know a long time was suspended after he wrongly reported the donald trump had directed flint to reach out to russia during the campaign the u.s. stock market took a dive into rose's initial inaccurate report on sunday trump tweeted that investors who lost money should consider suing ross and that is what's your reaction to that dave. it was a significant error by ross it truly was because of donald trump and gates and this as a candidate is very different than the gauge engaged in it as president elect but for trump to now take on a.b.c. and to suggest that there should be financial recriminations is

a president who doesn't understand broader issue and it's this whether or not he have structed just as he continues to obstruct the public trust donald trump is an elected official he is present the united states and he holds the public trust and he must act in a way that is greater than the office he has failed to do that and at the end of the day he all timidity i believe his own undoing if it occurs will be as a result of his own actions perhaps not because what occurred as candidate trump or president elect trump but because of what he does to interfere with the current investigation this is a president who suggests that he is a champion of law enforcement but actually attacks the greatest law enforcement agency our nation has and the f.b.i. and that will ultimately be is on doing as his own words bill newsmax a newsmax c.e.o. chris reddy who's a trump friend told a.b.c. news this week that robert muller's investigation quote poses an existential threat

to the trump presidency what are your thoughts on that assessment. first let me just say i agree with david jolly on the on the a.b.c. matter larry you and i have known brian ross for a long time he's a great guy he's been an excellent reporter but he really screwed up this one he i think deserved to be suspended and i think a.b.c. missed a step when they first of all they said well we're going to investigate this they didn't act right away they didn't apologize they issued a clarification not an apology they got it wrong and they should've fessed up right away and then moved on but as far as what chris reddy says if i understand you correctly i believe robert mueller is investigation does represent an existential threat to the trump of ministration look it's certainly not a witch hunt it's not fake news and it's not going away any time soon which is what the white house keeps telling us this is a serious criminal investigation for people very close to donald trump so far have been in charge three of them campaign officials but now with michael flynn you go

from the campaign into the white house and clearly as dianne feinstein said the other day it looks more and more like robert mueller is pursuing not just possible collusion but possible obstruction of justice collusion is not a crime obstruction of justice is so i think with michael flynn one final point i don't want to go on too long is michael flynn is now cooperating with robert muller or robert mueller flipped michael michael flint not for him to talk about people who were under him but to talk about people who are above him the chain goes up not down and so i think for donald trump jr jarrad christian or jeff sessions and mike pence maybe even trump himself they've got to be nervous in this white house or why it is the you think david you're republican why do you think this republican presidents keeps knocking hillary clinton in many elections over how it

looks the point is that. it's somewhere between an obsession and then strategically creating a binary choice for his followers between him and between the person that is his political enemy but you you ask an important question larry i referred earlier to the public trust you know it has been almost five years since hillary clinton was in federal office and she held the public trust since the decisions that she made imputed to the american people donald trump is in office today and so this what about it isn't that we often hear about sure it might be important for the textbooks of history but it matters not for our judgment of this president and the decisions he makes today and whether or not he is honoring the public trust no public official is perfect none of them make perfect decisions that is true of hillary clinton and as a republican i am sure certain there are many times i have criticized her and would stand by that but the reality is today as a country we stand to hold our president accountable recognize the good he does

when he makes those decisions but also recognizes fallibility and he needs to be able to withstand that scrutiny and that judgment. quickly bill when it's and i just got to say i think david's right it is an obsession and he just doesn't he can't let go of it he even said i feel sorry for michael flynn because he lied to the f.b.i. and he got caught hillary lard to the f.b.i. and she you know nothing happened to her james komi investigated hillary and he concluded and told congress i see no basis that she lied to the f.b.i. so he's just not even telling the truth he ought to let go of it and move on they even build thanks for your time today thank you. that's the this edition of politicking remember you can join the conversation on my facebook page or tweet me at kings things don't forget use the politics. and that's all for this edition of politicking.

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stein is getting international recognition with the help at least in the world of zoos remember wolf it was dismissive to do you like you know. this isn't my cup of tea is something i'm going to have the sunday i'll maybe. you know john i just hope they should the only palestinians it gets the most help from its jerusalem counterparts i don't think there's some of those ruined on the location that not only could give us a book and though it is unfair that it's got this lady in the muscle that you had an identical t.v. in the doesn't seem to do more ominous also some piss off. israeli forces respond with water cannons and tear gas to mass protests in the west bank

following president trump's moved. to recognize that jerusalem as the capital of israel. no one knows what will happen but dangerous days are coming to jerusalem a u.s. president makes a statement on the israeli citizens will need to pay the price for a. controversial decision on jerusalem was also discussed at a meeting between the top diplomats of russia and america along with of the crisis in syria ukraine and north korea. and the cryptocurrency bitcoin spikes at eight hundred thousand dollars on thursday continuing its months long climb in value.