joining me dennis berman and peter coy and damian paletta of the "washington post." >> it's drilling a hole in the bottom of the lifeboat. it's going to kill the revenue. now, as dennis said there may be offsets to it and yet the offsets you would think about such as spending cuts are hard to imagine. >> charlie: we continue with our series of conversations about president trump's first 100 days and this evening we look at foreign policy. join me katty kay of the bbc and ian bremmer of eurasia group. >> i think he's still embarrassing himself and making statement don't comport with reality. >> obviously. >> but look, when he came in place and you spoke about it the expectation was domestic policy would be hard to move the needle much but foreign policy could be very volatile. there's been learning as katty suggested. there's no crises so far but the substantive issues he's handle in a way whether you like or not you can say it's been competent. >> charlie: we conclude with the director james ponsoldt with his film "the circle" starring emma watson and tom hanks. >> technology sort of

i am joined by dennis berman of the wall street journal peter , coy of business week and from

i am joined by dennis berman of the wall street journal peter , coy of business week and from from theashington post. what did the president and trump administration announce today? >> they announced major changes to the corporate tax system and the individual tax system. they lower the corporate tax rate, the rate businesses pay from 35% to 15%. they also allowed small businesses that pay through the individual income tax system to use that 15% rate as well. they think that will create more hiring, investing, and more money to slosh around in the economy to create more revenue. on the individual income tax side they proposed eliminating tax brackets that currently exist, replacing them with three brackets. and incentivizing people to no longer itemize their deductions and a host of other things they think will help the middle class and low income people. charlie: do most people think this will stimulate economic growth? >> a lot of people believe if you cut taxes, inevitably people and businesses will have more cash to spend and invest. but if you cut them by this much and it leads to