>> tax reform attacks or cuts headed to present trump's desk. the question is, what is a going to mean for you. >> 55% of americans are opposed to the tax cuts. be happy for any tax-cut. >> allegedly trained to availment. this train had a similar problem that we have a mini new jersey transit trains. how safe are you? >> were putting people's lives at risk.

>> mayor diblasio is out in iowa, this is the first step toward a run for president 2020? not everybody's happy. we tell you here who met him in iowa. i am bill spadea. this is chasing news. >> tax reform and tax cuts headed to president trumps desk. what is it going to mean for you? would change your paycheck? will there be more money in your pocket? joining us will be dennis, financial journalists to break down the impact of the economy and wall street. ashley johnson will have the local impact and reaction from local politicians. let's start with peter doocy for the details of what happened in washington. >> on this well, the esses are 227 and the nose are to 23. >> the war drowned out a line of protesters gathered throughout the gallery. >> today, or giving to people of this country, their money back.

this is their money? as chairman, speaker of the house. >> just minutes after it sailed to the house it was carried across the capital to the senate. >> a message from the house of representatives. >> cost democrats did not have the votes to derail the tax bill but they tried to discourage republicans from supporting. >> shame. >> the heart of the argument on the floor is that the tax code would only benefit the rich. >> is this bill about helping people living paycheck to paycheck? no. so going to bring back jobs and lift up the middle class. >> no. >> the majority had just as much volume i say yes they're going to be helped.

>> republicans could be hurting when reelection time comes. >> this bill will be an anchor run the anchors of every republican. it helps the wealthy and the powerful corporations, do so little and herdsman in the middle class. >> republicans don't seem worried,. >> this is a historic day. >> even though the gears are famous for granting slowly, republicans it won't be long. >> of february 1 you look at your paycheck because you'll see the tax relief we delivered today. on april 15 you will for the last time file your taxes under this horrible turbotax code that we're putting this. >> vice president mike pence past majority leader kevin mccarthy sets day to will be

tomorrow morning. after that it should be ready for president trump signature. >> thanks peter. let's check in with ashley johnson who spent time at an event with phil murphy. >> phil murphy did not give a firm answer of where he stands on renewing the 2% capital raises, firefighters can win an arbitration. he announced a cabinet position. >> we want to make decisions based on facts, there's report to this month, the clock is ticking. >> he's waiting on a bipartisan report to by the end of the year before taking a position. advocates say it keeps property taxes from skyrocketing. the police association said it's

unfair. the law expires in two weeks at the end of the year unless lawmakers decide to extend it. the analysis show that it saves $539 from 2010 until 2015. i'm ashley johnson reporting for chasing news. >> let's bring in an expert, dennis strengths me. welcome to chasing news. >> something on the tax cut is a long time coming. i'm happy to see. >> what impact you expect? wall street is reacting in a positive way. as of the impact a policy like this are just positive feelings of expectation? >> it works on two levels. one is that middle-class taxpayers will have a next 60 billion they got back, the

more important thing is how it makes people feel, how businesses feel, you already see when you have a change in heart how you feel stocks rise and economy grows. before trump is an office economy grew a lesson 2% per year for ten years. suddenly, where having a 50% higher growth than before. is 3% higher. that will build. >> how does this impact the little guy. some say between 40 and 75000 of income being cut up to 37% that will be seen almost immediately when the withholding roles change. how is there such a gap between the favorability opinion of the president and what could be a windfall of income?

>> we overlook our personal benefit because were so opposed of president trump. once those tax cuts kick in and the people realize that they have an extra hundred bucks here and there, i think the tide will change in the economy will get better. >> thank you. let's bring our panel to break it down. i'm joined by some strategists and frankly, welcome. i notice you are shaking your head. >> i agree with some of it. i think we get to see what the impact will be but people are right to be nervous. dennis said may see next hundred bucks or something, there's a

concern over what we'll see. >> in canada they lower the corporate rate, they did in 2007 and have created thousands of jobs, want this to the same thing? >> it will. cutting the top corporate tax rates, democrats love to complain about outsourcing, why do you think they outsource? this will bring jobs back to the country and grow the economy. >> your boss, one of the leaders that got into the bills and helped reconcile this tax deduction for real estate mortgage and real estate taxes up to $10000, that seemed to satisfy congress but it's not translating to the regular folks. >> that's because they're essentially cahoots on this. people can have real money in their paychecks each week.

they will see the lowest tax rate since world war ii. if you tell me that won't inject life into this economy. >> how does this impact bill murphy. phil murphy. >> new jersey is going to get hit hard. if you're in the upper part of our state were property taxes are higher. >> tax cuts should be for everybody. all stick up for the middle-class taxpayers. we have some that are going to be hit by this. while i want to really embrace and it's a mistake. people are going to see a hit. >> cop killer was sentenced to life in prison without parole for the 2015 murder of brian moore.

there's a lot to the story as far as a tension between the mayor's office in the nypd. for the full story will bring in john,. >> it was a testy rebuke from the judge reminded me of my time in the courtroom when the judge basically said good riddance. a similar scene today in queens. demetrius was called a coward by the judge. he said get him out of my courtroom as a judge sentenced him to life in prison. and dozens of police officers were pleased with the sentence. outside they had some pretty harsh words and also still some tension with the bill de blasio. >> mayor diblasio was not there today.

he was traveling in iowa today. the nypd knew it. >> the mayor's back in iowa perhaps testing the water for 2020 run. he says no but they sent about a dozen representatives to iowa to take along with the mayor and remind iowans about the mayor's pass. the upset o over contract negotiations and said the mayor's anti- worker and antiunion. in this contract is in mediation once again. want to make sure the people of iowa know that this mayor says one thing and ask in a different way. the mayor said there welcome to join him in iowa. and he wish them safe travels. >> is more than just contract?

seems every time's there's an incident with the police officer, the mayor takes emotional side against the con to the point you had cops turning their back to the mayor during the funeral after two officers were assassinated. sounds like it runs deeper than contract. >> this started in the summer of 2014. then form of policing and the mayor invited all sharpton safe?

>> welcome back. i'm bill spadea. a lot of show, not for you tonight. dan will have your wet and getting cold forecast. first, deadly train to realm it. could it happen here? turns out the train had a similar problem we had faced and are trying to deal with. caroline has all the details. >> officials on the scene a day after a deadly amtrak train

crash that may have been caused by excessive speed. survivors described a chaotic scene is the commuter train went off an overpass. was about 40 miles south of seattle and fell onto a busy highway below. >> started to go off on its si side. >> first responders rushed to the scene including at least one soldier from the nearby military base. eventually pulling more than 70 people. many seriously wounded and still hospitalized. >> it was wet and cold, we had downed power lines. first responders were climbing up and down the hill trying to get to the victim. this was a new route that

whispers re- more reliable. the safety board said they recovered the data recorder showing the train was traveling within 50 miles above the speed limit. >> it was going 80 miles per hour. we don't know why that was happening in. >> amtrak confirmed a train control was not in use. and caroline with fox news. >> thank you. let's bring in a guest knows about transportation. john is head of the new jersey assembly committee and former candidate for governor. welcome back. >> is good to be here. >> here's the big question, we now learned it was about positive train control and part of it not working properly are turned on. that brings back the derailment hoboken that took a young woman's life. can this happen here? >> yes. new jersey has not implemented these train controls in the fashion they should have. >> how does it work? just so folks understand how could it prevent this tragedy.

>> to put in layman's terms, their sensors along the right-of-way and in the train, there's a program that says if you at this but you should be doing 30 miles an hour's and if you train is moving faster it will provide the breaks. >> to think people's lives are at risk right now? >> i think we are put in people's lives at risk by not having this train control. >> thank you. let's bring back the panel. on to that, to me this conversation shifts a starter with the president tweeting about infrastructure after this crash. there's a difference between a high-speed train and a rail infrastructure that can hold it.

>> the puzzling thing said this was the first run of this service and the train was doing over double the speed. so what was going on with the train operator. >> positive train control is a huge discussion. maybe that woman who died could've been a live today,. >> we seen this happen, it happened in philly. this seems to be one of the things we focus on, and you wonder why are we doing this so what's the holdup? i'm at a loss of why were still here talking about it on a newer track. >> is this a problem for local politicians? if corey booker screaming more money but governor christie push back on it.

>> i feel for the families, a rare christmas has to deal with such disaster loss. i hope we get to the bottom of it and figure it out. >> frank, good to see a good to see you. let's check in with dan with your forecast. >> wednesday's the last full day of fall. how appropriate is it that were talking about falling temperatures. our quote from push through with a shower, sprinkler flurry. the bigger deals at the winds will shift from the southwesterly direction, the winds coming on the northwest. this is not an arctic blast situation, we'll just return to more seasonable levels. it's fairly temporary. overnight i expect lows in the

low to mid 30s. we'll need a jacket my morning. a few clouds that a sprinkler flurry left over. then highs in the mid 40s. that's close to normal, at least 10 degrees cooler. skies cloudy and a bit breezy. thursday morning lows in the 20s highs around 40 degrees. plenty of sunshine and like twins. temperatures route 50 on friday. then to start the holiday we have rain, warm and wet on saturday with steady rain possible throughout the northeast. christmas eve showers and christmas day a storm system will roll in books like mostly rain but there could be some snow mixed in. >> thank you. marshall, for you tonight. will be chasing your headlines including new york islanders.

>> welcome back to chasing news. here's a look at your headlines we are chasing. including the new york islanders. they're moving back to long island. >> the bodies of mother and her three children who died monday in a house fire were buried in israel to say. thousands of members of the community participated in the funeral procession. the family moved from israel about a year ago. a proposal to build a new hockey arena has been approved. the planning and 435,000 retail space. they left their original place in 2015 and have been playing at the berkeley center since then.

the terminals to see will be home to holograms featuring hall of fame inductees. >> this is important. i think when people walk through the airport and get a sensitive feel for the place they have landed in place they will travel having the hall of fame partner with the port authority to put our best foot forward is a great opportunity. >> installation of the wall of fame will begin in 2018. the brightness topping the charts. >> sony donated a "spider-man: homecoming" suit to be auctioned off. the cost generate more than $37000 to help bring thousands

of toys to kids. >> luke bryan's latest album tops the billboard 200 chart selling 108,000 units in its first week. so for time he scored number one on the above chart fourth contract this year. >> fresh off the success the cold featured, the room will come back to 30 there's. it's considered one of the worst movies ever made. on wednesday january 10 it will screen a more than 500 theaters. >> three and a half weeks will be hosting the annual ball. >> the first trailer for oceans age is a starring sandra alike. and hathaway, -- hits theaters on june 8.

>> in hollywood, with fox news. >> thanks for watching. it's a pleasure, see you tomorrow night on chasing news. >> take them off the subway, maintain order, spending taxpayer dollars, positive reinforcement often works. >> when it comes to covering your controversial topics and from all sides.

>> live from center city in philadelphia this is fox 29 news at 11:00. we begin with breaking news out of philadelphia's grays ferry much police say someone shot 17-year-old boy in the head inside the twin dragon restaurant played out at just about 9:15 tonight on dickinson street. now we have new information where police say that people inside that restaurant even tried pushing door shut so the shooter couldn't get inside which is when they say he fired and bullet went through the glass door and hit a teen in the head. that teen is at penn presbyterian medical center in critical condition. no arrests as of yet. police say surveillance cameras inside and outside that take out will help in the investigation.

any