bill went nowhere, will president trump change course to get tax reform done? we'll discuss our thoughts, next. this is bloomberg. ♪ mark: live from london and new york, i'm mark barton. vonnie: and i'm vonnie quinnallout from the republican failure to replace and replace obamacare, up next, according to president trump, tax reform. and speaker paul ryan says the failure will not impact the republicans' next battle. >> yes, this does make tax reform more difficult, but it does not in any way make it impossible. we will proceed with tax reform. we will continue with tax reform. vonnie: joining us now is our reporter from capitol hill who covers taxes and policy and everything that's going on on the capitol right now. as much as healthcare was a bill failure, left, right, and for the whole administration, tax reform might be a different matter. there is potential for a middle ground here, after all, all republicans, no matter what strand of republicanism they adhere to, enjoy tax cuts. >> vonnie, you're absolutely right. tax cuts have been the organizing principle of the republican party for decades now. but remember, there are a lot of similarities, too, with healthcare. firstly, republicans also