terrific stuff, congressman jason smith, i wish you all of the luck in the world.ew year, thank you for coming on the show again, appreciate it. >> thank you, larry, happy new year. always great to be with you. larry: coming up. one reasons we need to trump tax cuts right away, is inflation, still kind of sticky. and i want to get our next gift steve moore -- guest steve moore and david malpass to weigh in on nippon and u.s. steel, the logic of denying nippon. i think it would be an in investment that would make america great, perhaps not. one big beautiful bill, steve moore and david malpass, i'm kudlow, we'll be right back. our job is to let him do it...by himself. what kind of wood you got there? gregggg! it is important to challenge young homeowners turning into their parents. -mm... -oh! -not a great start. -you got to turn it. you got to turn it. doesn't look structurally sound here. tom! they can't help themselves. -a fire starter?! -you know cavemen, they built fires with nothing but their wits and their bare hands. progressive can't protect you from becomi

holding first hearing on trump's tax cuts in morning jason smith here with a firsthand look coming up you are watching "mornings with maria" live on "fox business" stay with us. ♪ ♪ . i didn't do this for the lights. or the fame. i did it to pay it forward to the next generation of athletes. and pass on the support my family gave me. i believe in sofi because they give the same support to millions of members. helping them bank, borrow, and invest for their future. ♪ because for most people, it's not about the lights— or the fame. ♪ it's about their ambitions. ♪ sofi. get your money right. (man) what if all i do for my type 2 diabetes isn't enough? or what if... (vo) once-weekly mounjaro could help? mounjaro helps your body regulate blood sugar. and can help you eat less food. plus 3 out of 4 people reached an a1c of less than 7%. and people lost up to 25 pounds. don't take mounjaro if you're allergic to it, or if you or someone in your family had medullary thyroid cancer or multiple endocrine neoplasia syndrome type 2. stop and call your doctor right away if you have an allergic re

jason smith's coming on in just a couple moments. so much of this has been done already. anyway, i don't want to waste all of this valuable minutes on that but i'm hoping that you'll be open to rethinking your position because -- >> as i said i am open to whatever means gets the job done. larry: this is the first time i've really seen you on the wrong side of a key issue. >> [laughter] larry: i'm sure you'll relent. >> and larry, you will hold this conversation if five months from now, the one beautiful bill, there's too much in it and it has to be broken into two bills you'll remember this conversation then? and play it back? larry: in five months, i'm going to be happy because we will both exalt in the blue collar boom coming from the tax cut bill that we passed. >> amen. larry: by may at the latest. senator let me move on, because more mischief from president biden. he's now taking out, what is it? six or 700 million acres offshore, atlantic and pacific for any leasing or drilling or fracking. he's also going back and stopping anything going on in alaska. he's using so

under the leadership of chairman jason smith, congress will re-authorize the tax cuts and jobs act with improvements that benefit american workers and job creators. we have also done great work on the education and workforce committee to promote quality education for all students. this includes fighting the rise of anti-semitism on campuses, a fight that chairwoman virginia foxx has strongly championed. dr. foxx has been a partner for me in helping reduce communist china's influence in education through my deter act. as we have talked about so much on the select committee on china, the c.c.p.'s truly america's number one adversary. i have passed legislation to ban our military from using seaport reliance on chinese technology. i have also worked to strengthen taiwan's military readiness through the taiwan security act. congress must keep their eye on the c.c.p. and build on this progress. for now, i will be heading back to my home in sunny california, but while my time in congress is ending, i will always look for ways to serve the country that i love. i always t

the chair of the house ways and means committee, jason smith.for trump's big agenda? >> the best and quickest approach for us to deliver on donald trump's priorities and what the 77 million americans who sent him to washington asked for is one big beautiful bill like what donald trump has said. this is the way it needs to have tax cuts, energy, border, it needs to have savings by cutting mandatory spending. these are the things we have to have in this bill. let's pass it, get the job done and put it on the president's desk. . you've got a razor you got a razor thin majority in the house. do republicans have the discipline to stay united and pass one big beautiful bill? >> failure is not an option. that's why i discourage two reconciliation bills. if you look at the history, since 1997 was the last time any congress, republican or democrat was able to pass two reconciliation bills into law and we now have the smallest majority in the history of our nation, the united states senate has a higher margin, majority than we do in the house of represent

let's bring in house ways and means committee chairman, jason smith. the magnitude of the actions just taken in the last 24 hours. >> you know, the president is delivering on the promises that he campaigned on, and he's not wasting any time. in his first 8 hours, charles, he delivered on some important tax policy but also trade initiatives. his tax policy that you were just talking about was pulling the united states out of the oecd agreement that the biden administration agreed to that virtually would rip away $120 billion worth of profits from u.s. companies and strategically allocate it to the everyone else and not even allow these foreign governments to respect and appreciate our global minimum tax. charles: it really is nuts, i mean, to voluntarily cede our greatness, it just boggles the mind. and, of course, i look at germany being the poster child, poster country for this nonsense. they've given away so much greatness. what's on the drawing board next? a lot of talk about one big, beautiful bill, you know, getting all the things through that you

house members, particularly mike johnson and jason smith, happen pushing for one single bill.ohn thune has been pushing for two bills. president trump has made his preference for one bill known but kept the door open to both. this has been the first step for -- before we can move onto what exact policy is in this legislation or pieces of legislation. majority leader steve scalise told us the agreement was on one bill. john thune seemed noncommittal to that when talking to reporters, so this is still the question of one bill or two bills but it seems they have the outline of a plan of how they are going to attack reconciliation. house republican leaders say they want to pass a budget resolution which unlocks the budget reconciliation process sometime in the week of february 27, so the self-imposed deadline to get this process started and have these key decisions made is approaching. host: what is the big deal between one bill or two bills? does it make that big of a difference? guest: there are questions of cap republicans even get one bill over the finish line. the budget reco

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mike johnson yesterday talked to everybody it's got to be one bill, the ways and means guy jason smithaid one bill. here is donald trump last night motivating the troops and for the people who have texted us asking what's the president going to do about no tax on tips or social security or overtime, he didn't forget. watch. >> i'm also eager to get to work with congress and the largest package of tax cuts and reforms in american history, we got to get that done and don't want to get hung up one bills, two bills, i don't care. two bills work it out one way or the other. bottom line the end result is going to be the same. we want to have all of those benefits tax cuts and make them lower. not only must we permanently extend the trump tax cuts. if we don't you will have a 60% tax increase. but i also intend to keep my promises starting with no tax on tips. no tax on social security and no tax on overtime. we're working very hard to get them done. >> brian: the key is if you are going to have no tax on tips and overtime and social security that's fine and put the salt tax back in that's ok

last congress, the chair of the house ways and means committee, jason smith, worked with me. and together we got. 357 votes. every republican on the house ways and means committee to support significant expansion of the child credit. yeah now i think donald trump is talking about a tax bill that's going to supercharge the breaks for the very wealthy that he already gave him in 2017. and i'm going to say are you going to have absolutely nothing in there for kids and working families? because reality is there's been a lot of evidence that shows dollar for dollar those programs for kids and expanding the child tax credit is a huge the figures show that when it was done, there actually a reduction in child poverty and if you accept the proposition i do which is political change is rarely top but bottoms up and trump tried to claim in the campaign that he was going to be for working families but it took about ten days after election for him to start walking that back when he said, oh, we can't reduce food prices. i said that at home. do you think some of the tax proposals he about

coming out talready we want populist wing to fight for not just no taxes on tips but i noticed in jason smithsed the part where it said no tax on social security no tax on overtime the tax on bonuses. >> that the critical campaign promises. >> our wing of the party 's totally supportive of president trump want to go have much more tax cuts for working class in the middle people it's the wealthy and the donors will ge their lobbyist to support small lower thfederal spending which they are not. they really been the class that's driven the modern monetary theory that's gotten us in this jam. now we know deficits do matter because it's the financing and refinancing of the deficits that are killing us. in that regard, timmy corporate tracks rates have to come up in the wealthy have to be taxed more simply for the fact that we have to close the gap on the deficits of an eongoing basis. if they could turn their lobbyists and support elon musk's crack to talk about cutting at the federal level what's the first agency would scrap forgot? >> the defense budget is ctoo big and pretty adamant the defense

house ways and means committee chairman jason schit smith willn knee.liams is here on how the republican majority will help struggling american business owners. friday, bank of america reports thearnings. jim demar will join me.rs it's allon right here on "mornis with maria." oh yeah. borrow up to a hundred thousand dollars to consolidate bad debt and save money for your next goal. take a swing at your kitchen reno... meant that literally. or design your actual dream wedding. consolidate bad debt and fund all your ambitions with a sofi personal loan. go to sofi.com to view your rate. sofi. get your money right. do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy to help pay their medical bills, and that got me thinking. maybe selling our policy could help with our retirement. i'm skep

i urge my colleagues to stand with me and support my friend from missouri, chairman jason smith, and his timely bill to strengthen our economic ties with taiwan and empower americans doing business in the country. the correct answer on h.r. 33 is a yes vote. mr. speaker, this bill makes it clear the united states stands with our economic ally and supports a strong and prosperous taiwan. i yield back. the speaker pro tempore: thank you, mr. bean. thank you to the gentleman from florida. the gentleman from missouri is recognized. the gentleman reserves. the gentlewoman from california is recognized. ms. chu: mr. speaker, i reserve the balance of my time. the speaker pro tempore: the gentleman from missouri is recognized. mr. smith: thank you, mr. speaker. i yield as much time as he may consume to the gentleman from indiana, an additional new member of the ways and means committee, mr. yakym. the speaker pro tempore: the gentleman from indiana is recognized. mr. yakym: i thank the gentleman. mr. speaker, i rise in strong support of the u.s. taiwan expedited double-tax relief act. the e.

speaker johnson and jason smith have been clear we want one bill. there are issues with reconciliation and whether or not board rule will come into effect. they are warning we may have to do two bills. president trump is like, just get it done. >> todd: voters from both parties told american governing body they want borders. that is emphasized when you look at these photos. arm smugglers helping illegals cross into san diego county. you introduced a ban to ban federal funding for sanctuary cities. how much money are we talking about here? enough to force them to end sanctuary cities to lead to scenes like we just played for you. >> look, sanctuary cities should not be in existence. if you are a sanctuary city and take your resources and not protect your people, you don't need more money. federal dollars have been redirected to support more illegal immigration into this country. enough is enough. if you have to have a penalty, we want a -- carrot noto use a stick. we have seen sanctuary cities double down. when i was mayor of 92nd largest city in tex

there is a lot we are hashing out with jason smith and with republicans everyday, we have meetings everydayke sure we do the job. >> carley: it is a big day for legislation, laken riley act is up in senate and has to break 60 vote filibuster. do you think it will pass? >> well, looks like we have senate democrats finally coming around. we got rid of chuck schumer as minority leader who is holding up legislation. reintroduce laken riley should have passed last term. now democrats are waking up, 48 democrats voted for it in the house that wouldn't vote for it before. i am hopeful it gets passed. there is red lithuania act that will stop green light law in new york that issues drivers licenses to illegal immigrants and prevents federal law enforcement from working with local police to make sure we keep dangerous criminals out of our states and new york is one of the worst. we had almost 100 people on the terrorist watch list list loot. they get drivers licenses. how do they prove they are eligible? they are driving on the streets and able to travel across state lines, they are danger to our co

that is setting up a huge battle on capitol hill for the new year, house, ways and means chair jason smith is trying tech is try doing to explain impact that lets them lax would mean on everyday americans, a 22% increase. that would compound the pain of inflation, particularly for lower income americans. getting those tax cuts, tented is high up on house speaker mike johnson legislative list if high winds reelection. >> we're going to restore our stature on world stage, get our energy policy picked, make sure we don't have largest tax cut in u.s. history imposed on american people at end of next year, when the tax cuts from trump era expires. >> elon musk weighing in to tax debate. arguing that u.s. tax code is way too long, and democrats are arguing that new trump tax cuts will help people like him, senate president pro temp pattie murray writing on x . they argue that tax cuts if fif they are extended would add to national debt, but tax revenue up 45 percent this month compared to november of 2017. that bolsters their argument into this fight. david: extra 1.5 trillion coming in. and you

that is what speaker johnson wants, that is what ways and means chair jason smith wants, but i see resis san resistance in senate, i am not sure i understand. >> i am with you, we need one, but the house makes the decision. they have to get it done before us. if -- go and look at history, ronald reagan did it, they drug their feet, and they had two bills they at any time get both done, same with president trump back in 2016. they are worried about healthcare, paul ryan drug his fight. i am for one, let's get it done. larry: senator tuberville, you are person after my heart. have a clear thinking senator, really remarkable. so happy to hear you take that position. now sinc senator sheehy, if you disagree it is okay, it is kudlow we believe in free speech, but i prefer you to talk about one big beautiful bill, we don't want to let middle class blue collar boom get away. once you promise, you have to keep them, mr. trump understands that i think it is not a hard thing to do, you are extends tax cuts put money on border, what do you think senator sheehy? >> i agree 100%, we have a mandate. a

larry: and hr2 the border closing, jason smith doing tax stuff.hard, if you get something by easter more memorial day, i think that is terrific. ththen the blue collar boom that we've been talking about for working class coalition that elected mr. trump will be there, it can all be done that quickly. >> it will happen, quickly. we saw with tax cuts in and jobs act, because congress and president were not on same page in 2017 it took a year to get that bill signed to law, we lost time. by way economy staggered and just shrugs along until we go the the bill passed then we saw en credible economic growth, this time we're way ahead of that, we are on same page, we have been working on this for months. commcom -- committees there are limit on budget reconciliation. but things that do, we want to put them in the bill, same thing with border policy, same thing by the way with so many other of the committees that not involved last time that will be, work requirement, some things that have been needing to happen to get real efficiency out of government, an

i think jason smith is right in the tax law needs to go first i hope this does not become my way or thetain members of congress because if it becomes that an issue pride over authorship or strategy than the american citizens are going to pay a dear price. maria: were at the same place as we were on sunday when i spoke with mike johnson and lindsey graham that is the house and senate are split on how to execute trump's agenda will see what happens this weekend. let's get your take on what happened yesterday the house possibly can rightly act, 159 democrats voted against this bill. it requires federal immigration authorities to detain illegal migrants or immigrants arrested for theft and allow states to sue the department of homeland security for crimes committed by illegal migrants this bill after georgia nursing student laken riley was murdered by an illegal while the university of georgia's campus. pennsylvania democrat senator john fetterman cosponsored the senate version of the bill and he called on his fellow democrats for not backing up. watch this. >> it should be controversial to

and means lien the first hearing on extending the trump tax cut, the chairman of the committee jason smith will be here in the 8:00 a.m. hour, the markets indicated again at the start of trade take a look at futures, indicating gains across the board the big banks reporting earnings, jp morgan, wells fargo, citigroup all out in just a few hours the numbers and the impact as soon as they cross. key inflation data coming up the december consumer price index is out 8:30 a.m. eastern. all hands on deck with reaction, european markets higher take a look at the gains across the board in the eurozone in asia overnight markets finish mostly lower fractional moves across the board and the agent of disease days before trump takes office israel and hamas reportedly finding agreement on a cease-fire and hostage negotiation. we have the very latest joining the conversation all morning long bullseye ingenuity fund manager adam johnson is here from acting ice director jonathan fahey is here in slate stonewalls partner and chief market strategist kenny polcari is here. "mornings with maria" is live right

he's going to be a great speaker, rick scott, david mccormick, eric schmidt with representatives, jason smithrrell issa, former speaker mccarthy is here, governor sarah sanders and patrick morrisey, cochairs steve wycoff, thank you just got back from the middle east he had a little project that he did very well on. and we took in the first hostages today and they're coming in tomorrow and they will keep coming in. and you notice it was the day before we take office, even though the other administration, i'll be nice, the other administration says they did not have too much to do with it, did they, not at all. happen to be the day before we took office but you were fantastic and i appreciate it. and kelly loeffler and miriam abelson where is she she was so fantastic. she is a fantastic woman she was very generous as many of the people in this room. and countless other distinguished guests and i express my appreciation and the incoming pack cabinet who stepped forward to serve in the doing really well in the process and the senators and republican senators have been very understanding and very

so it is no easy play here but jason smith was right. the chairman of ways and means. a big victory for him. he has been advocating early on when the speaker wasn't taking a position to do one bill. >> bill: the easiest way to follow it is what the senator is saying the republican side is tell us what you can do in the house. get that done first and then we can take up that measure on our side. >> people want to do the border. rightfully so. the president can do a lot administrative there. i believe the border is a disaster. use disaster money for the border. you normally have a 9 month honeymoon. one or two members saying no can stop the whole thing. >> dana: punch bowl news talked about trump and the house freedom caucus and said that the house freedom caucus is home to some of the trumpiest members in washington and willing to defy trump at times. the hard liners are sometimes comfortable banding together and bucking trump at least when they have strength in numbers. is this what you mean by collapsing on its own weight on the republican side? >> if it can't pass th

house ways and means committee jason smith will join me.ommittee roger williams is here on how the republican majority will help struggling american business owners. friday bank of "america reports" third-quarter earnings jim dunbar will join me. it's all right here on "mornings with maria". ruri: ichi, ni, san, shi... (1,2,3,4 . . ) ruri: ichi, ni, san, shi... (1,2,3,4 . . ) hina: ichi, ni, san, shi... (1,2,3,4 . . ) akari: ichi, ni, san, shi... (1,2,3,4 . . ) others: ichi, ni, san, shi... (1,2,3,4 . . ) others: ichi, ni, san, shi... (1,2,3,4 . . ) (♪) (♪) you were made to chase your passions. we were made to put them in a package. at harbor freight, we design and test our own tools and sell them directly to you. no middleman. just quality tools you can trust at prices you'll love. whatever you do, do it for less at harbor freight. ♪ (luke) people love how the new homes-dot-com helps them get quick answers about any property by connecting them to the actual listing agent. (agent) i'm getting great exposure. (marci) speaking of exposure, co

hr2 with the border closing and jason smith doing the tax stuff and outlined a very interesting budgetthat sounds terrific. getting something through by easter or memorial day, that's terrific. the blue collar boom and working class coalition that elected mr, sir. it can all be done that quickly. >> it will happen and it'll happen quickly. we saw, you know, with the tax cuts and jobs act unfortunately because congress and the president were not on the same page in 2017. it took us a year to get that bill signed into law. we lost invaluable time and the economy staggered and shrugged till it was passed and families are spending more money in their pockets and mattessers to them. this time around and it's that curve and we're all on the same page. system things in hr1 that don't fit urn the limitations of budget sec silluation and the things that dorks we want to put them in the bill. same with border policy. the same thing by the way with them going last time. it'll be work requirements and some of the things needing to happen to get real efficiency out of government and savings in the

jason smith's w weighs and means committee working on it and senator mike cray ports of entry ready to -- mike crapo working on his bill and it would help president trump fulfill the overwhelming mandate for change. and that's my riff. now, more importantly, joining me now is the speaker of the house, mike johnson of louisiana. speaker, welcome and thank you for your time, sir. it's very hectic. >> hey, larry. great to be with you, and i appreciate your endorsement and humbled and honored to have yours and president trump's and former speaker gingrich and all of our friends and all the leaders across the conservativee movement are saying the same thing, we have to stay unified and we can fulfill the campaign promises that the american people gave us the mandate to do if we stay unified and that's the key here and it all begins tomorrow and i'm confident we can do that. larry: speaker, let me begin quickly and a lot said and reported and so on and so forth. here we are in the later afternoon. your thoughts on the terror in new orleans, and las vegas and people are criticizing the fbi an

i can understand why jason smith the house ways and means committee chairman wants to get it into oneill because of the taxes. he doesn't want the tax plan of trump to get lost in the shuffle. that's a very complicated this, inc. to litigate. 2017 it took almost a year to get the taxes ironed out. so i don't know if one big bill is the way to go here especially if it is a way to test the republicans and see if they'll rally around trump's agenda but i think also it could get nothing passed if it doesn't work. >> bill: it seems they're all in lock step when it comes to the border and might get democrats in the house to vote with them on that. you could probably fast track that. because this debt ceiling deal is going to be a problem not just for rand paul but a lot of republicans in the house. >> people have high expectations for republicans coming in right now. they were told by president trump the economy and border. one of those things you can hit the ground running and do instantly, the border. send more money for a border wall and detention beds. less people are rest lead and more

maria: and that was house ways and means committee chairman jason smith with me last week os with maria" echoing what president trump wants as you just heard from the speaker; that is, one large reconciliation package within the first half of the year perhaps to be on president president trump's desk by the end of april to include border security, deportations, energy permitting and and tax extensions all in one package as opposed to two reconciliation bills which is what my next guest was planning. joining me now with the agenda and the pan helping to set it in the senate is south carolina senator lindsey graham, the chairman of the senate budget committee. senator, great to sew you this morning. thanks so much for being here. you heard mike johnson -- >> thank you. maria: and what president trump wants. can you get it done? >> yeah. i'm very worried. i'm very worried that if we don't put border first and get it done, it's going to be to a nightmare for our national security. we've got millions of illegal immigrants that president trump has promised to deport, and he should. why are we

we'll ask missouri congressman jason smith what he thinks of tech titan zuckerberg's building his tiese massachusetts governor now offering support for trump's border plan. watch. >> in just the last two years of my administration, you know, where we did see an increase in numbers to the shelters because of congress' failure to fix the border. he ran on fixing the border, and i hope he does. stuart: okay. fix the border. here's a question, is the century movement dead? democrat congressman clyburn defending bind against sabotage claims -- biden. >> joe biden is not a man the sabotage, and he's just making that up. that is what he sees in himself and transfers to others. stuart: i'm going to ask newt gingrich what what he thinks about biden's 1 isth hour mandates -- 11th hour mandates. newt's next if. ♪ ♪ at harbor freight, we do business differently from the other guys. we design and test our own tools and sell them directly to you. no middleman. no folks in suits telling us to raise prices for the heck of it. just quality tools you can trust, at prices you'll love, every aisle every d

you've got jason smith pushing for the one big bill. john thune bushing 42. what is the best route?l is that it doesn't really matter as long as you get it done. that is the process and say that senators are giving you. we spent most of the days asking senators that fairly absurd question of one bill or two where they are all saying it doesn't really matter. obviously, the house has a preference to do it in one bill and cram everything together. immigration, tax reform, the whole nine yards. that is exceedingly complicated with such thin margins. you can break it up into bills. he is when the president-elect was on the radio show earlier, he seemed open to to build spirits people are somewhere between agnostic or apoplectic. they will get ironed out that one way or the other. bill know this as well as anyone. the politics of this are going to be exceedingly difficult, because the margins are so thin. >> talking to nancy mace about that at the top of the hour. i will ask you the question they are asking on the hill. one bill or two? >> i agree. it really doesn't matter. what is going

that's what speaker johnson wants, that that's what may -- ways and means chair jason smith wants. not sure i understand the resistance. can you help me out? >> i'm all with you, larry. i think we need one. but, again, we've got to go with the house first. they're the ones that's going to make the decision the on this. they've got to get it done before us. go back and look at history. ronald reagan the did this know now. they drug their feet. i think you might even been working for ronald reagan at that time, and they had two bills, and they didn't get both of hem done. same thing with president trump back in 2016. they worried about health care, paul ryan drug his feet, and they didn't get the tax bill to really save congress in the two-year election. i'm all for one, let's get it done. larry: senator tuberville, you are a person after my heart. you're such a clear-thinking senator, it's really remarkable. really. [laughter] so happy to hear you take that position, now, senate sheehy, if you disagree, it's okay. this is the "kudlow" show, we believe in free speech, but i prefer yo

house ways and means chair jason smith has pushed for the one-bill strategy warning that splitting theolicy measures could risk not passing an extension of the 2017 tax cuts that are set to expire at the year-end. >>> apple ceo tim cook planning to donate $1 million to president-elect trump's inaugural committee. axios reporting that the donation will come from cook personally it's not going to come from the company. other donors to the fund include amazon, meta, uber and observe ai's ceo sam altman. a whole bunch of tech companies now in some ways almost competing with each other for the donation -- >> i guess you stand out if you have not made the donation at this point. >> i mean, at this point you would. exactly. i don't know. this i find a little bit more troubling only because these companies never were doing this prior. >> i was going to say the companies that have done it before it makes sense. i think bank of america did it, but they've done this with every presidential inauguration fund that comes through. if you are looking at it and just doing it as a course of business --

it is jason smith, mike crapo, those are the senators that will be working on the details of this billk about the members who are up in 2026. that is every house member and some key senators like thom tillis in north carolina, susan collins in maine. those will be your deciders when it comes to any spending cuts they might want to see. they will hold the phone and say we are not ready to take those cuts yet. lisa: how powerful those members be behind the bloomberg terminal trading 10 year notes? henrietta: that is definitely the least powerful member in the room. not a lot of senators or congressmen are necessarily focused on what the market does. there's a perception that trumpcare's deeply on what the market does. lawmakers will make the legislation that they see fit. it will continue to rise every single year. we are talking about $5 trillion in spending on the combinations tax bill, hiking the debt ceiling by $1.5 trillion. they will be increasing the deficit. lisa: if that member doesn't necessarily have the same clout, how much does increase based on yields versus basis points la

i would defer to johnson and jason smith at ways and means.ey think is necessary to pass it, and i think they're probably rating. one big beautiful bill with immigration reform, border control, and tax cuts is probably the way to go. >> you know i love you, and i like the needle -- >> but, but. >> you know i love you. >> comma, comma, comma. >> so you you're calling for unity. >> i am calling for unity. >> it would have been nice. would have been nice before the election. when you said hey, look, i want trump to succeed, you know who that sounds like? it sounds like a democrat. it sounds like a democrat. >> i hope the democrats sound like that. of course you want trump to succeed, you're a republican. >> i'm a conservative republican. i'm a free market limited government constitutional -- >> that's who i hear -- >> my brand of conservative doesn't overlap with trump optimism. >> you know we argued about that. >> binary, all along. it was always binary, and a vote not for trump was a vote for kamala harris. >> here's the point, a lot of this ag

house members, particularly mike johnson and jason smith, happen pushing for one single bill.ohn thune has been pushing for two bills. president trump has made his preference for one bill known but kept the door open to both. this has been the first step for -- before we can move onto what exact policy is in this legislation or pieces of legislation. majority leader steve scalise told us the agreement was on one bill. john thune seemed noncommittal to that when talking to reporters, so this is still the question of one bill or two bills but it seems they have the outline of a plan of how they are going to attack reconciliation. house republican leaders say they want to pass a budget resolution which unlocks the budget reconciliation process sometime in the week of february 27, so the self-imposed deadline to get this process started and have these key decisions made is approaching. host: what is the big deal between one bill or two bills? does it make that big of a difference? guest: there are questions of cap republicans even get one bill over the finish line. the budget reco

we have been active already, working with jason smith, and others.e have a different situation that we did in 2017. interest rates are up. we have a deficit. we have different issues that they will have to be solving for. we will be working with them. it will be a complex thing to solve. it will be simpler than it would have been with a mixed government. for i am curious about china. you have been outspoken about china. you have, on air for a long time. i am curious what you think now about what the relationship will look like. we talk about tik tok as a chess piece in this larger negotiation. we are looking at the chip sales going to sign up. some of the chinese a.i. guys claim they are almost as good as open a.i. and they are using chips that are less expensive, and not nearly as fast. for we have all heard that. >> is it true? >> i don't know, but that's what we have heard. this is my fundamental belief. i am happy to see president trump to reach out and start a dialogue. i have always said, the world and the global economy need the u.s. and china

our colleague, senator wyden, reached a deal with house chair jason smith on a bipartisan tax packageted children out of poverty, the child tax credit, that would have incentivized investment into research and development, good for companies who then innovate, and that's good for jobs, and also the third piece of this tax bill that was bipartisan would have expanded our ability to build affordable housing. it was fully paid for. this bill got 357 votes in the house. we can't get that for a mother's day resolution in the house of representatives. but then it died here in the senate because republicans didn't want to take the bill up, because they wanted to wait to do a bill that would benefit the weltiest. i urge -- the wealthiest. i urge my colleagues, you made a mistake in 2017 that busted the deficit and made the american voters mad. don't go down that path again. work with us to find a tax bill to appropriately prioritize the needs of everyday american citizens and small businesses. with that, mr. president, i yield the floor. mr. booker: senator kaine, will you yield for a questio

and jason miller and sandra smith with us as well, maybe one of my favorite moments, if you know the words, sing along with me, and everyone did. she kind of gave them an applause at the end. i think it worked out and almost could have been planned that way. >> sometimes the spontaneity adds to the event. >> i'm just glad they didn't ask me to sing. i couldn't do anywhere near as good. the energy that was in that room was amazing. what we saw was the return of trump time. president trump has said over and over, i'm going to do this on day one. we'll step in, secure the border, drill, baby, drill. we heard it. we haven't heard a president come in with that specific of a list of things that he's going to do in a long time. when ronald reagan came in 1981, he had some very tough words talking about the state of the country. president trump laid the table as well saying these are the problems. again, that's why he was elected. because he said he was going to fix it and do it immediately. he doesn't need to fish around trying to figure out where the light switch is. >> bret: we did the re

everybody was talking about the deregulation policies, jason and at one point i spoke with the president of microsoft, brad smithaid the europeans are now having executive order envy. they want to do their own executive orders because they recognize the power of deregulation now. i suspect we're going to see some deregulation talk throughout europe. everybody was talking about how europe is so stuck in the mud and the united states is the place to put your money right now. it was quite the show in davos over this last few days. >> that's the america first agenda. maria: that's right. >> th that's what leading loos like. we haven't seen that in a few years. if america is going to be the world super power, economically, militarily, you've got to lead. that's what donald trump is doing. it hasn't been one week yet. maria: we're talking about that this morning. we've got an interview with the majority leader of the united states senate, john thune, and i'm going to talk to him about what's going on with these confirmation process. you know what i want to know? why is it that we have the majority of republicans, 53 s

jason deck of cq roll call. and stephen newcomb of axiom about the new leadership in the senate and continue the conversation about the congress with congressman adam smithessman tom cole. later we will be joined by emily brooke, house reporter for the hill. washington journal. join the conversation at 7:00 eastern friday morning on c-span, c-span now, or c-span.org. book tv every sunday on c-span 2 features leaving -- leading authors discussing their recent nonfiction books. coming up, a european parliament member talks about regulating the tech industry in her book. then a journalist recalls his journeys to senegal, south carolina and palestine and reflects on how the

the senior advisor for donald trump's presidential transition, jason miller, will be here to discuss. plus, breaking overnight, jack smith'sport on donald trump's election subversion case released. why he believes he had enough evidence to get a conviction. >> trump's cabinet picks the candidates you've heard about for months. go before the senate. who will get the votes? >> i think we have great people. >> follow the trump confirmation hearings. >> follow the facts, follow cnn. >> sometimes you just need a moment self-care has never been this easy. gummy vitamins from nature made the number one pharmacist recommended vitamin and supplement brand still congested. nope. >> uh-oh. >> new mucinex 2 in 1 saline nasal spray spray. goodbye new mucinex 2 in 1 saline nasal spray with a gentle mist and innovative power jet spray. goodbye to congestion. it's comeback season. >> here's to getting better with age. >> here's to beating these two every thursday. >> help fuel today with boost high protein, complete nutrition. you need and the flavor you love. so here's to now. now available boost max kate made progress with her mental he

denzel washington, jim gaffigan, colman domingo, jason kelce, ralph macchio, phillipa soo and blake shelton, with music from dwight yoakam and nate smithest is a very talented actor and the most beloved bartender america has ever known. his new show, “a man on the inside,” premieres on netflix november 21st, and he's got a podcast with woody harrelson called “where everybody knows your name.” please welcome ted danson. [ cheers and applause ] ♪ >> jimmy: it's like we're wearing the same uniform here tonight. [ laughter ] great to see you. >> you too. >> jimmy: how long has it been since i've seen you? quite some time, yes? >> yes. >> jimmy: yes. >> six years. >> jimmy: six years since you've been here. >> may i ask? >> jimmy: yes. >> have i offended in some way? [ laughter ] >> jimmy: you -- six years. you -- well, catch us up. what have you been doing since then? tell us everything. [ laughter ] >> wow. well, you can tell from the pause that i've aged a little bit. trying to figure out -- >> jimmy: it is a lot to consider, six years. i know you had a grandchild. >> i did. [ cheers and applause ] that was fun. yes. we have three grandd

. >> jason, i want to ask you about the report that was put out overnight by the department of justice, as well as accompanying letter from the special counsel, jack smitho took head on the idea that president-elect trump has repeatedly said that he was completely exonerated for the events surrounding january 6th because that case was dropped. jack smith. jack smith said, quote, this is false and quote. what's the the trump? what is president-elect trump's response? >> very simply, president trump didn't do anything wrong. and that's why this case completely fell apart on jack smith. the supreme court ruled we believe in the right direction. and for jack smith to go and put this out on his way out the door, leaving town in disgrace, i think shows just how politicized the entire justice department has become. but i think with pam bondi, when she's confirmed as the next attorney general of the united states, again, as i referenced before, kash patel coming in to lead the fbi case, we have to get politics out of this. people have to have confidence in the legal system and our law enforcement. and that's what we're going to do with this new set of leaders w