here is chris edwards, cato institute of tax policy stud dis. chris, great to see you.he market is valued with the idea of getting a 15% corporate tax. who knows what other things like tax simplification, individual rate cuts. what happens if it is last then that? are the markets attending? >> i think we will have a big corporate tax cut this year. the way to think about the math there, right now with a 35% corporate tax rate, corporations can keep 65 cents out of the dollar after tax. if you cut the rate to 15, they will get to keep 85 cents out of the dollar. the jump from 65 cents, to 85%, that is a 30% increase in after tax return companies will get which should affect market valuations. it's a big thing. i don't think the market is overreacting here. david: don't underestimate my admiration for a tax cut that size, but if it is less than that, you know how washington works, it is all about compromise, if it goes to 20% as compromise figure, will markets be disappointed? >> i think that will be a huge leap forward. i'm been really amazed and pleasantly surprised tha

chris edwards is here, anna palmer and msnbc cricketer robert costa who you just have to turn on the tube and you see him everywhere these days. chris, i want to start with you if i can on the idea of the tax reform plan. this overall we'll hear today. the head liner is the slashing of corporate taxes with not just big business but small mom and pop businesses that will benefit by this. they say it's going to be paid by by economic growth. treasury department saying 3% will be just fine. what is the risk here in that strategy? >> i think the corporate tax cut would be paid for by economic growth. we have the highest corporate tax rate in the world and we're shooting ourselves in the foot. if you slash the rate, corporations would bill more factories in america and they would avoid and evade taxes a lot less and i think that would pay for itself. on the individual side -- >> to be clear, you say that would pay for itself. it has the potential to add trillions to the -- >> not the corporate tax. but the individual side ought to be offset with spending cuts or the correspondent loob loop

. >> chris: congresswoman edwards, how do you assess connect >> it feels like 100,000 days.n back on immigration in the courts. he hasn't had a significant legislative achievement, health care has gone down twice and it's still a disaster. his tax plan is not really a tax plan, but i taxable it. it's a d- going on in the administration so far. >> chris: much better than chuck schumer will give him a straight f. >> you get points for signing your name. >> chris: the big news this week was that the white house came out not really with the plan but with an outline, bullet points, have a tax reform plan. here's what candidate trump and treasury secretary had to say about the plan before they took office. >> president trump: barack obama has doubled during his fairly short period of years, he's doubled our national debt, doubled it. it will be close to $20 trillion when he leaves, $20 trillion. we have to get rid of at least a good portion of that. >> the upper class, we will simplify it, we will not have a tax cut for the upper class. >> chris: michael, even with the bare-bones

. >> joining us now, the american enterprise institute, and cnbc contributor and chris edwards, directortute. thank you, guys, for both being here. what about the political capital? how much is left here? >> well, i know it's like the natural interest rate. it's tough to measure directly, but you can try to figure it out, and one thing that popped up today, goldman sachs had a report, stock links to various trump initiatives, tax reform, infrastructure, a few more, and every one of those baskets of stocks is in retreat. some are back, you know, where they were before the election. i think that's just one sign, also, the president's popularity. they did not start out with a lot of political capital. i guarantee there's a lot less now. this agenda, particularly tax cuts, amazing as it sounds, the idea of big tax cuts is in tremendous jeopardy, but the moderate tax cuts is in more trouble than i imagine given these are republicans and they control congress and the white house. >> yeah. chris, you are an optimist. why? >> absolutely. tax reform is going to happen this year. particularly busi

chris: congresswoman edwards, how do you see the 100 days?>> he hasn't had a significant legislative achievement, health care has gone down twice and it's still a disaster and, you know, this tax plan is not really a tax plan, it's a set of tax bullets, i think, there's a d minus going on in this administration so far. chris: that's better than chuck schumer who gave him a straight f. >> well, you get a plus for signing your name. chris: there you go. the big news as the congresswoman mentioned was that the white house came out, not with really a plan but outline bullet points of the president's tax plan, tax reform plan. here is what candidate trump and treasury secretary mnuchin had to say about the plan before they took office. >> barack obama has -- has doubled during his fairly short period of years, he's doubled our national debt. doubled it. it's going to be close to $20 trillion when he leaves, $20 trillion, so we have to get rid of at least a good portion of that. >> the upper class, we are going to simplify it, we are not going to h

edward lawrence. back to you, sam, chris. >> ed warld, as you showed us a second ago it is a party line vote to end the filibuster 52-48, but i understand within the republican party there's mixed reactions to doing this. what are you hearing? >> reporter: and that's true. ==lot of republicans were a little leery about going forward with this so-called nuclear option, saying that it sets a bad precedent going forward. this means that every supreme court nominee from now on will only need a regular majority to be confirmed, and the senators would like to see that consensus. again, mitch mcconnell, the senate majority leader saying he was forced into this option by democratics who would not waiver either way, even though according to mitch mcconnell they couldn't find -- or democrats couldn't find anything that they did not like gorsuch for. >> all right. edward lawrence updating us. a busy day on capitol hill. fhank you very much. speaking of which, more shock oaves through the halls of the iamital this morning. devin nunes announced he is stepping aside from the house probe into russian meddling in the

morning, kristen welker, pete williams at the supreme court, chris murphy and onset with me, foreign policy reporter for the washington post and edward isaac dovere, chief washington correspondent for politico. chriss kristen, to you. let's talk about this threat when it comes to syria. how do you see this day playing out? >> reporter: in terms of the messaging to russia, a lot of tough talk over the weekend from secretary of state rex tillerson and u.n. ambassador nikki haley effectively saying to russia, you're with us or against us and blaming them for not following through with trying to make sure that syria got rid of all of its check ca chemical weapons. especially the secretary of state to press his russian counter part on this point. he's tre in moscow holding talks and potentially a having a meeting with lawsuvladimir puti. you have nikki haycy saying it's time for assad to go. but a very different message from the secretary of state who effect lively said the focus right now is trying to defeat isis. we'll deal with assad later. ultimately it's going to have to happen through a political process. so the question for sean sp

morning, kristen welker, pete williams at the supreme court, chris murphy and onset with me, foreign policy reporter for the washington post and edwarde, chief washington correspondent for politico. chriss kristen, to you. let's talk about this threat when it

chris pratt is in the house. >>> good morning i'm tamala edwards, 8:56 friday, april 28.ng, tam, the accident on the boulevard northbound past the schuylkill expressway cleared a minute ago blocking the left lane. the delay easing there. southbound is heavy because of the delays on the schuylkill expressway. we have an accident in harleysville on a day we've seen a lot of accidents old 40-foot road at rittenhouse road. outside to the schuylkill expressway, traffic is heavier now. this is the schuylkill expressway eastbound, 50 minute ride, 48 scram from the blue route to the vine. it's jammed from gulph mills to spring garden. a lot of people heading to the nfl draft and the penn relays. vine street express way heavy, as well. that's the westbound traffic jammed solid heading toward the schuylkill expressway. we can expect to see delays on the ben franklin bridge with more people coming in for the penn relays. not too bad just yet. >> let's go outside to david murphy he's got accuweather good morning. >> reporter: boy, is it getting nice, lots of sunshine and warm, too, 7

chris, this is significant. the u.s. view of wikileaks and assange changed after they found wikileaks played an active role in helping edwardnowden, the former nsa analyst who fled to russia. it appears the current administration has taken a stronger position that charges can be brought against assange. take a listen to cia director mike pompeo last week. >> wikileaks walks like a hostile intelligence service and talks like a hostile intelligence service. julian assange has pre-tretende first american justice hand freed them. >> reporter: assange is untouchable as long as he remain at the embassy. extradition is unlikely to happen. >> thank you, shimon. let's bring back our panel. we have a.b. stoddard and david gregory and joining us is phil mudd. so interesting, phil, to hear from cia director mike pompeo there. saying how pernicious that julian assange after president trump said i love wikileaks. look at the exciting information from wikileaks. it was about hillary clinton during the campaign. so what do you think about wikileaks and do you think they will be able to make the case that the first amendment doesn't apply h

chris was able to provide part of that crucial detail. >> can you tell me about him? can you start me off with a name, what's his name? >> edwardall i got. >> edward? >> yeah. >> did you think that this other man could be a game changener this investigation? >> to me, it was definitely you know a person of interest we needed to speak with. >> detectives now launched a hunts for a man named edward. they wanted to know, did heather the butterfly, leave behind her old life to build a new one with another man? >> coming up, the other man revealed. >> you know, i'm a flirtatious person. >> he has some intriguing flfx for police and for us. >> ewouldn't bind her if that's what she wanted. you're going to be hanging out in here. so if you need anything, text me. do you play? ♪ ♪ use the chase mobile app to send money in just a tap, to friends at more banks then ever before. you got next? chase. helping you master what's now and what's next. from s-f-o. ==sot== ...outcue: you stay out of this runs:02.. ==cont vo== passengers on board... tell us what they saw... as our aviation expert reveals the advice all travelers should hear. ===tak

edwards, matt o'donnell, and karen rodgers with traffic. cecily tynan, ducis rogers and the entire "action news" team, i'm jim gardner. goodnight. ♪ ♪ >> dicky: from hollywood, it's "jimmy kimmel live"! chrisanda peet, and music from mastodon. and now, hold everything, here's jimmy kimmel! [ cheers and applause ] ♪ >> jimmy: welcome. hi. i'm jimmy. i'm the host. thank you for watching. thank you for coming. it's good to be back from vacation. [ cheers and applause ] i appreciate that. i hope you had a great weekend, a good spring break. april fools' day came and went and donald trump is still president. so i guess that's real. [ laughter ] now, i was thinking about doing something to my wife on april fools' day but then i thought, you know what, tricking her into marrying me was more than enough prank. [ laughter ] i guess what i'm trying to say is i'm growing up, i really am. tonight from phoenix, arizona the ncaa college basketball championshi championships. two number one seeds, north carolina versus gonzaga. or gonzaga. i'm not honestly sure which is correct. so i alternate them every time i say it. i'm right at least half of the time. but gonzaga university was founded in 1887. this i

he was running in a primary against donna edwards, and hillary clinton finds out and >> you're clear. >> want to make sure. i can use the letter. she says f chrisd he's running for the senate and she gets one of her aids to send a message to the unions and basically says would you rather have a friend in the white house or in the senate? so they end up doing what she wants not what he wants, but he end up in the senate. she doesn't end up in the presidency. >>> we're talking about the hundred days, obviously that's president trump but my real point that i've been thinking about as with think about 3 hillary clinton in the next hundred days, in the rests of this administration, does hillary clinton have a role anymore? >> i think a lot of people are still trying to find out who that person is. i think she feels like she does and i feel like a lot of people do. she after all did win the popular vote and people think she has a place in this and people like her when she's >> in office? isn't that what >> one of the striking things, this is not your first book, you wrote hrc. it was a fantastic book about her years as secretary of state. it seems li