congressman kevin brady. great to have you with us. kevin brady. please roll the video. carefully maneuvering his bike. carefully probably is somewhat superfluous. the railing all the while. the rocks below, the crashing waves. up next, is the vile left losing it collective mind? sponsors dropping a play that shows the lou: joining me now, the dean, ed rollins. great to see you. happy monday and no disapointments in the content of the day newswise. this an extraordinary moment where we are watching an administration under assault, unrelenting from he quarter. ed: we are sick months in now and we don't have all our personnel in place and a fully functioning white house team in place. being so distracted by the special prosecutor and pegs counsel. unless there is significant evidence, this becomes a distraction for everythingles else he want to do. the infrastructure story gets dropped off. this president has to go sell his healthcare. i hope there is a bill tomorrow. i hope the senate gets it done quickly. then it has to be sold to the country. so my sense is there i a lo

congressman kevin brady. great to have you with us. kevin brady. please roll the video.y the evening. the daredevil carefully maneuvering his bike. carefully probably is somewhat superfluous. the railing all the while. the rocks below, the crashing waves. up next, is the vile left losing it collective mind? sponsors dropping a play that sponsors dropping a play that shows the i tried hard to quit smoking. but when we brought our daughter home, sponsors dropping a play that shows the that was it. now i have nicoderm cq. the nicoderm cq patch with unique extended release technology helps prevent your urge to smoke all day. it's the best thing that ever happened to me. every great why needs a great how. at crowne plaza we know business travel isn't just business. there's this. 'a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. lou: joining me now, the dean, ed rollins. great to see you. happy monday and no disapointments in the content of the day newswise. this an extraordinary

congressman kevin brady. great to have you with us. kevin brady. please roll the video.list living on literally the evening. the daredevil carefully maneuvering his bike. carefully probably is somewhat superfluous. the railing all the while. the rocks below, the crashing waves. up next, is the vile left losing it collective mind? sponsors dropping a play that shows the think again. this is the new new york. we are building new airports all across the state. new roads and bridges. new mass transit. new business friendly environment. new lower taxes. and new university partnerships to grow the businesses of tomorrow today. learn more at esd.ny.gov your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™ liberty mutual insurance. lou: joining me now, the d

congressman kevin brady. great to have you with us. kevin brady. please roll the video. this cyclist living on literally the evening. the daredevil carefully maneuvering his bike. carefully probably is somewhat superfluous. the railing all the while. the rocks below, the crashing waves. up next, is the vile left losing it collective mind? sponsors dropping a play that shows the assassination of donald trump. stay with us. badda book. badda boom. got you a shirt! ...i kept the receipt... book now at choicehotels.com thithis is the new new york.e? think again. we are building new airports all across the state. new roads and bridges. new mass transit. new business friendly environment. new lower taxes. and new university partnerships to grow the businesses of tomorrow today. learn more at esd.ny.gov lou: joining me now, the dean, ed rollins. great to see you. happy monday and no disapointments in the content of the day newswise. this an extraordinary moment where we are watching an administration under assault, unrelenting from he quarter. ed: we are sick months in now and

kevin brady joins us from the nation's capitol. mr.hairman, very good to have you. >> neil, thanks for having me. >> neil: you're busy with a lot of meetings and pow-wows with all of the white house biggies. treasury secretary mnuchin among others. where does this stand in your estimation? >> my view is -- look, we're sticking to the timetable. the work product has to be done to succeed this year and really bold tax reform. we have another meeting today with the white house. principles as well as the senate. speaker ryan as well. our tax teams are meeting regularly. the principles are meeting regularly. we're focused on getting it done this year. i think we're making good progress. >> neil: when you say "this year", when? first we talked about summer. now here we are. august. then they said labor day. where are we? >> yeah, i think everybody is focused on what month we might see a draft or a bill or when this process begins. i really think the right focus is on what year and it's got to be this year, 2017. i think all of the elements a

apparently that message was not translated to kevin brady.the border tax, itself is that dead? >> it is not. neil: it is not, okay? >> we continue, i still believe it is the very best solution to that problem of jobs leaving the u.s., more importantly how we bring them back. but we will have to remain open as speaker said to finding solutions, consensus among the white house and the senate. neil: all right. that was a big news development here. it is just what we do, we break news, i'm sorry but anyway, one of the things that came up out of that, this was done, why is kevin brady still talking it up? since everything seems to be meticulously coordinated with both ends of pennsylvania avenue, is this a sign it is not dead? it will be a tough sell, mildly and doesn't charlie gasparino know that. because brady is the only guy talking about it. >> we asked a lot of our congressional sources, republican congressional sources, they're pretty adamant they don't like it. only two people apparently are for this according to them is kevin brady and pau

house ways and means committee chair, kevin brady, do you think it's doable? >> it is.e case, what we're hearing from local businesses which is go bold, go permanent and go now. we're making steady progress on tax reform. we continue to meet with the trump tax team, the house and senate will meet again working on this. so look, we have more work to do in the weeks ahead on unified tax reform plan. but we continue to stay on the right timetable. >> neil: chairman, when we were monitoring speaker ryan's remarks on fox business, which if you don't get, you should demand. i know you're busy. but one of the things i did catch, he didn't say word one about the border adjustment tax, the tax on imports. i'm wondering if that was coordinated with the white house to say it's dead, speaker. move on. >> he made that clear in subsequent discussions but he played the case of why the problem we're trying to solve still remains, which is how do you stop u.s. companies, research manufacturing head quarters from leaving the country and more importantly, how do you bring them back. you n

this morning we'll sit down with kevin brady.he head of the house ways and means committee will be joining ug also steny hoyer, we'll hear where he sees things going and steve forbes will be joining us, he will sit down with us at 6:30 also, coach k. is going to be joining us we'll talk to him about the duke basketball team. huge fan in john harwood coach k. will tell us what he sees happening he will be ringing the opening bell on the nasdaq today >> we look forward to it coming up on "worldwide exchange," a discussion about what to expect trading today futures at this hour, still pointing lower mixed actually we improved a bit in the last few minutes. the dow higher by 3 points the nasdaq by 5. let's discuss markets with j.j.j.j. j.j. killihan. front and center is oil prices down about 2% yesterday. they were down half a percent a couple hours ago now in positive territory for this morning is that encouraging to you do you think we reached the bottom of this oil price slide >> i don't know if we reached the bottom 44 was a big

but kevin brady, this is key.is still pushing for the border adjustment tax, so that's where these discussions between the white house, between the house of representatives, and between the senate, that's where everything is coming together. they've got to figure out what to do to get kevin brady to either give up to the border adjustment tax and figure out a new way to pay or somehow bring everyone onboard with a bat. it doesn't look like that will happen. but they are promising tax reform by thanksgiving. liz: and the comment period is over for the border adjustment tax, so i can tell you many u.s.-based manufacturers hate it. they don't like it because it will cost more to bring in parts from overseas, to make what they want to here and then sell back overseas. adam, thank you. and capitol hill isn't just buzzing about paul ryan's promise. in just the last half hour, mitch mcconnell gave us a window on how the gop health care plan vote is going. >> we're going to make every effort to pass a bill that dramatical

our next zbeft kevin brady republican of texas, chairman of the house ways and means committee. . can you imagine, congressman brady, if we start with the three and then get a couple more threes certain people that will drive them crazy they rather have a recession than have this work, a lot of people >>there's been this new normal here over the last number of years of a sub 2% economy. i think we're starting to see there's a chance for blue skies and we can in washington help in that area both on the regulatory side, health care side and especially for us on the tax reform side. >> since the last time you were on and i said you're very optimistic all the time, and no matter how this conflict may be even a realistmaybe you always seem to think something good is ready to happen. but a lot has changed. now i'm hearing border adjustment there's no way. i've also hearing that maybe obamacare repeal doesn't have to happen maybe the tax cuts or tax reform don't need to be paid for, do it dynamically. what do you think is doable and when >> so the white house, the house senate will meet

stuart: congressman kevin brady writes the tax code. the buck when it comes to health care. one of the nine senators who is against it, rand paul, with me. more on that interview in a moment. welcome to holiday inn! ♪ ♪ whether for big meetings or little getaways, there are always smiles ahead at holiday inn. you're searching for something. like the perfect deal... ...on the perfect hotel. so wouldn't it be perfect if there was a single site where you could find the right hotel for you at the best price? there is. because tripadvisor now compares prices from over 200 booking sites... ...to save you up to 30%... ...on the hotel you want. trust this bird's words. tripadvisor. the latest reviews. the lowest prices. your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. cal

alix: joining us from capitol hill was congressman kevin brady . t the end of the year? kevin: yes it is. we have to finish the budget resolution because that gives us a vehicle to deliver tax reform to the president's desk. the timetable we had in may is the same one we have now, which is to continue to work with the white house and the senate toward a unified packed to deliver and move that this fall. the time we spend working toward a unified plan now will save us and accelerate the timetable later in the year. alix: would you be open to a tax ?verhaul that includes tax cuts kevin: i am focused on tax reform for families and businesses. the one affordability for families, and also businesses because we want them to alter their business investments. we think making the fall term decisions requires permanency. alix: so, no, you would not favor temperature a tax cuts for individuals? kevin: right now, i am thinking permanent. jonathan: do you anticipate the situation where health care does not get done, and you decide to move towards tax reform and

and i would commend the peaker and kevin brady, the chairman of the hous house ways and means committee for trying to do that. but the political realities would suggest we are not going to get the ideal. what is important is to put a win on the board for the administration and the american people. and that would be to bring count corporate tax rate, realigning our individual rates in a way that may be i am permanent if you look at the nature of reconciliation. we may have a wall in 10 years where we would need to revote on these things? but that's acceptable as long as we can get that 9 or 10-year runway with tack reduction that will be highly stimulative to the economy, create demand and allow businesses to have more visibility as to what those tax policies are. maria: you have got to operate your business regardless of what's going on in the broader story. whether they are going to pass legislation or not, you are investing in a private he can quit firm and you are looking for growth. where is the growth? >> growth is coming from technology and e-commerce. there is growth in providing

. >> batting third will be kevin brady. tonight's d.h. houston astros jersey. >> congressman from texas. chairs the ways and means committee. swing and a miss, first offering in the dirt, strike one. >> that was quite a swing. went down hard to a knee after that one. brady hit a ball real hard last year. i can't remember if it dropped far double or if it was caught. but he's one of these guys who actually can really swing it. >> brady played varsity baseball at the university of south akota. >> costello gets the first run of the night. wild pitch by richmond, the republicans on the board, lead it 1-0. >> one way to manufacture a run in this game. get a walk, get a stolen base. move a runner over, score a wild pitch. >> last year, brady was 3-3 with a walk. >> that one almost hit him. hought it might have at first. just hung inside. >> ground ball to third is foul. >> brady is a transplant, grew up in south dakota. and ene camto tex, timately went from business, got into politics. >> he sps back in with a 1-2 count. republicans on t board

lou: have you a leadership, you have your the chairman of the house and ways committee, kevin brady, committed to 20% import tax, a commitment from the speaker. i mean, what in the world is it going to take to bring, i mean, if these people are not blocking intentionally any progress on the president's agenda i don't know what it would look like. >> you are right. ththe con-- it the drive up prices. did republicans -- did voters send republicans to congress to put a new tax on the american economy and increase spending? i don't think so. let's just get away from some things that are talked about in budget process, there will be a new tax put on american people, this is say no, that is not going to happen then got on with right kind of tax reform, letting family keep more of their money. and lowering corporate rates, that is conducive to producing jobs and economic growth. lou: what are those odds. >> it is. we're going to continue to push and talk about it we've been talking about it for 5 weeks, a budget with right reconciliation, and control spending get fact bill moving. -- tax bi

chairman kevin brady and our ways and means committee members are holding open meetings and be with stakeholders on this right now. i want to take a few minutes and walk you through what that kind of reform will look like. let's start with families and individuals. at some point along the way our tax system started working for the tax collectors rather than working for the hard-working taxpayers. and look at what happens during tax season. i could describe the complexity of the code all day long, but what really defines our tax code is that sense of dread that you feel. you know that feeling? you have to navigate long complicated forms to file your return. you need to wade through a seemingly endless the mount of deductions and abounds with its own requirements and then after you tally up almost deductions, you are placing up to seven different tax brackets based on your income level. and at the end of the day you hope, i mean you really hope that you do not owe a whole bunch of this year. you hope because you really don't know ahead of time. how could you? this whole system is too confusing and

upsetting gop plans, are you telling me that speaker ryan -- ways and means committee chairman kevin brady, this insane idea to create another form of taxes in a tax reform bill, is going to kill tax reform? have -- has the republican party really gotten to this point? that is just madness. >> i hope not, the bottom line is that border adjustmen adjust tax, you are right, that is a new tax, i did not get elected to give new taxes, the border adjustment tax would have a lot of problem in terms of raising prices for consumers and heartin hurting manufacturers this not a good idea, i can tell you politically this does not have support. i don't think it will pass. but as long as it is i tax reform package it makes less likely we will be able to get a successful package. >> is it my imagine nation, we also have two immigration pieces of legislation. the administration, president, backing them, we understand that it looks like it will pass the house, but are assured, they will be killed in the senate. are we back to those games? one house giving the other cover? what is going on? >> those bills

chairman kevin brady and our ways and means committee members are holding open hearings and beating withkeholders on this right now. i want to take a few minutes and walk you through what that kind of reform will look like. let's start with families and individuals. at some point along the way, our tax system has started working for the tax collectors rather than working for the hard-working taxpayers. and look at what happened during tax season. i can describe the complexity of the code all day long, but what really defines our tax code is that sense of dread that you feel. you know that feeling pickett to navigate long complicated forms to file your returns. you need to wade through a seemingly endless amount of deductions and credits each with its own rules and eligibility requirements and then after you tally up all those deductions, you are placing up to seven different federal tax brackets based on your income level. and at the end of the date you hope, you really hope that you do not owe a whole bunch this year. you hope because you really don't know ahead of time. how could you?

speaker ryan and kevin brady have said if there health care bill does not pass, the obamacare taxes willy do not want to roll it into the health care overhaul. --you will permit cuts, you if you want permanent cuts, you need offsets. overhaul packets, they want to use any money they raise. it is hard to see the obamacare taxes repealed. one of the things they hate on the law are the tax hikes. >> the first house bill was withdrawn. will this bill be withdrawn? this is all part of the legislative process. a smart republican operative told me early on that obamacare died 100 deaths before it was passed sprint and he said any -- pass and he said any repeal effort will die 100 deaths before it is passed. mcconnell has not officially scheduled anything. again, it is looking unlikely he will find a path to do it this weekend. anna: thank you for your time. sahil kapur. it is a story watched closely in the united states and also by international investors trying to figure out what it does to the overall trump agenda. such as tax reform. vonnie: every time you talk about this comey tended to tal

there's only two votes for border adjustment, paul ryan and kevin brady. everyone else is opposed.hinking is that this will get voted off sooner rather than later. david: how much are you looking to what's going on with health care, how this will -- have a conversation about tax reform? >> on the health side they are worried the senate won't pass it three house members were fearful to talk about tax reform. under the assumption that health care tax -- making they might exist. they do need to pass health care reform for there to be any progress, it helps them numbers wise, whether they repeal taxes in the affordable care act which makes tax reform easier. second, it would be their first legislative wins for republicans, it would give them a lot of momentum and help quell disagreements that have happened within the republican party. kind of like a marriage. things are going well, easy to forgive minor disagreements. david: how much action is there on the senate side in capitol hill? reform? working on tax >> yes, but it's more the staff level. the aides are putting together plans and

which was chaired by kevin brady.

we have got -- your committee aways and means, kevin brady and i talked about border adjustment tax. which is a consumption tax. i know that chamber of commerce and business round table they want their taxes shifted over to consumers and off their backs. are you guys, you are out of your mind? ryan wants this -- i mean i don't understand, every democrat would be begging you to pass this idiotic adjustment tax. >> let's not pai paint everyone with the same brush. when you look ar revenue, and you keep looking at what we have to find a way. lou: you put it on the consumer, that is what -- you know that. >> lou, i am an automobile dealer, i tell people look at mariney label -- mor label. global supply chain necessities that we have people from all over the world making small parts that go into big finished products. i get it, i know who else will get it, is consumers. i am 100% onboard with you, we went through same exercise health care reform, let's stop doing things from top down and work from bottom up. what an odd concept. lou: you tell me last time speaker ryancared what anyone els

chairman kevin brady in our -- and our ways and means committ members are meeting with stakeholders right now. andnt to take a few minutes walk you through what that kind of reform will look like. let's start with families and individuals. at the point along the way, our workingem is started for tax collectors, rather than hard-working taxpayers. happens during tax season. i can describe the complexity of but whatall day long, really defines our tax code is a sense of dread you feel. you know that feeling? you have to navigate long complicated forms to file your returns. you need to wait through a seemingly endless amount of elections in credits with its own rules and intelligent -- eligibility requirements, then after you tally of those reduction, you are placing up to seven different tax brackets based on your income level! at the end of the day, you aally hope that you do not go whole bunch of this year. you help, because you really don't know ahead of time! how could you?! this whole system is too confusing, too darn expensive! we have got to stop this madness! don't you agree? [appla

the ways and means committee, which kevin brady is a chairman of, as soon as i walked in the door, the committee had to cancel. a hearing at 10:00 this morning. things are at a standstill here until further notice. >> thank you for the recounting of what happened. , a policeman you normally have? click there is usually one there every day we practice. ,lso, because of the facility other security as well. >> normal practice to have one policeman. some reports that maybe he had more. >> yes, because he has the majority whip, the security is with him at all times and since he is on the team, they go to practice. have a member this year, there is usually a capital policeman next, either parked outside or comes in and out of the facility, checking on us. >> ok. thank you for joining us, mr. congressman. forthan: the briefing plan 11: 16 eastern time. a briefing on the following shooting in virginia. that is planned for 11:15 eastern time. joining us now is representative of california who joins us on the telephone. a securitybout profile company some of the individuals. we would not have ha

here is the president and kevin brady. >> it will be the biggest tax cut in our country's history andit will stir business like never before. >> the elements are in place. i think the job trainers are hungry for this tax reform and americans are too. we are focused on getting it done. >> bret: here's the problem, the calendar is hitting them like reality. legislative days are ticking away. >> bret: that's what i think you just heard in that clip, a real slip slide. the president spoke about tax cuts. tax reform and the combination of tax cuts with removing loopholes, removing cutouts, meaning increasing taxes and other areas of the tax code so you end up revenue neutral. to do that, you have to offend a lot of people. you have to go against a huge number of constituencies. that's infinitely more difficult than tax cuts which are cheap. you blow up the budget. it is the difference between reagan '81 and reagan '86. tax cuts were easy. in '86 heated tax reform. it took negotiation and it was a tremendous success. they can't do it in a few weeks because you have to deal with all these co

chairman kevin brady and our committee members are holding open hearings and eating with stakeholders on this right now. i want to take a few minutes and walk you through what that kind of reform will look like. let's start with families and individuals. at some point along the way, our tax system started working for the tax collectors rather than working for the hard-working taxpayers. look at what happens during tax season. i can describe the complexity of the code all day long, but what really defines our tax code is that sense of dread that you feel. you have to navigate long, complicated returns. you need to wade through a seemingly endless amount of deductions and after you tally up all those deductions, you are placed in up to seven different federal tax brackets based on your income level. and at the end of the day, you hope you do not owe a whole bunch this year. he hoped because you don't know ahead of time, how could you? this whole system is too confusing and too expensive. we have got to stop this madness, don't you agree? [applause] let's just start over. first, we will

a short time ago, kevin brady, who is the chair of the house ways and means committee told reporters outside the george washington hospital that a fifth person was being treated there and that it is indeed matt nika. so we now know the identities of all five people who were shot this morning and unfortunately one person who was swept up in all of this was someone who no longer is affiliate iing with capitol hill. we have more about what the president and when the president will speak. >> 11:30 eastern from the diplomatic room here at the white house. president trump will address the nation and the world about this tragic incident in virginia. the shooting of four victims and the shooter, one of them including the house majority whip. the white house has been gathering information for both the president and the vice president. since news broke of this after 7:00 eastern this morning and preparing the president for what is his first domestic crisis as president of the united states. one of those moments presidents are asked collectively to put in this in context and to demonstrate not

kevin brady who is the chair of the ways and means committee was injured a couple of years ago. they play hard and ironically, it was last year, just about this time, it was the day before the congressional baseball game at democrats took over the house floor and there said in to protest gun violence. republicans argue that one of the reasons they won the game is because they believe democratic members were tired occupying the house floor for more than 24 hours a day before. >> heather: it's amazing this regular practice that they have, they go out at 6:30 in the morning, they are concentrating on playing for this charity baseball game. it's definitely going to make them rethink their security because as you say, had it not been for his extra security, there would have possibly been on out there and we would have been told over and over again that the outcome would have been drastically different. chad, thank you so much and will check back with you. >> jon: a bit of good news. we are hearing that one of those who was shot was zach barth, a legislative aide to representative wil

she says that her boss, congressman kevin brady, was at the baseball game this morning.e is okay and he was with another staffer who is also okay so they apparently saw it and were trying to get in touch with them. but that's another member of congress who was present. i think -- i think we have -- we were talking about senator rand paul and msnbc. i think we have some of that interview. let's listen. >> so at one point, it appeared the gun -- the gunman was -- i think he continued to reload. i probably heard 50, 60 shots, and then finally, we heard a response, you know, from the capitol hill police, and we're actually very lucky they were there. they do a great job. these are, you know, brave men and women and we were really lucky they were there. >> and did you see anything happen between the capitol hill police or the security detail and the perpetrator? did you see the perpetrator at all? >> i could see way in the distance and everybody was saying he has a blue shirt on but i could not see -- the gun sounded like an ar-15 to most of us, and we couldn't see the gun bu

thank my colleagues, tom rice and earl blumenauer sponsoring this legislation and chairman kevin brady and richie neal for the support they have given to it. back. ou and i yield the speaker pro tempore: the gentleman from south carolina is recognized. mr. rice: mr. speaker, i yield minutes to the gentleman from georgia, mr. hice. the speaker pro tempore: the gentleman from georgia is recognized. hice: thank you, mr. speaker. i thank the gentleman. i thank all my colleagues for the comments that have been regarding this very important piece of legislation. securing w that american energy independence is absolutely critical to the of this osperity nation and nuclear power plays in that mission. at plant vogel in georgia, and nds of engineers craftsmen, many of whom live in my district, are hard at work at ng the united states the forefront of advanced uclear technology. plant vogel and sister plant in south carolina, plant sumner, state-of-the-art reactors under construction. low-cost, safe energy that's produced from will pave and sumner the way for future reactors and mark a new era f

." >> what grade do you give kevin brady? him a "b." >> what about paul ryan? >> b-minus. >> chuck schumer? >> "d." >> president trump. >> b-minus. >> wow. >> nobody is getting graded on the curve. >> is there anybody you would give an "a" to right now? >> wilbur ross is the mvp of the administration. what he's done on trade. give him an a-plus. >> how -- what did trump get on foreign policy? we're the laughingstock of the world. i thought it was great. >> no, foreign policy, solid "b." >> solid "b." you're tough. >> what kind of -- >> it an noise a lot of people. >> what about christopher wray? >> sounds like he's got impeccable credentials. >> by the way, there's two achilles heels, potentially. one is his firm works for russ inevitable, the russian company and he has worked for a laundry list of fortune 500 companies that are in major litigation with the government so he has to recuse themselves from those things. which going to complicated -- there's an argument being made this will complicate things. i'm suggesting that'

even my friend from texas, ways and means chairman kevin brady called for the funding of insurer payments in order to help stabilize the insurance market and help lower premiums for americans who rely on these subsidies. there's simplely no excuse for delay. i yield back my time. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from pennsylvania seek recognition? mr. thompson: mr. speaker, request unanimous consent to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. mr. thompson: thank you, mr. speaker. mr. speaker, june is national dairy month and personally i can't think of a better way to start the summer. from cal see up to potassium, dairy products like milk contain nine essential nutrients which will help better manage your weight, reduce your risk for high blood pressure, osteoporosis or some cancers. whether it will repair the tissue or vitamin a to help maintain healthy skin, dairy is a nutrient powerhouse. those are a few reas

neil: behind the scenes you have the kevin bradys, all the others house ways and means still workingon tax cuts. >> deregulation. think of the worst case scenario. i know traders think this, please don't tweet at me when i say this, i'm not saying this is going to happen. if trump had to resign, what do you get instead? you get pence. i'm telling you traders, investors think that, what they feel more rational guy. and possibly a republican congress. this is not an existential threat to the economy right now because the alternative would be hillary clinton who is, who is, let's be real clear, she he was very far left during the campaign in her economic policy. anything would be better than that. neil: let me ask, his lawyer, donald trump's lawyer mark kasowitz we're waiting for him to speak. >> know him well. neil: what he said here would confirm that is comey's written testimony at the time would confirm ere is no investigation of donald trump himself in this russian probe. now assuming he is right, if that is the case here, is he getting ahead of himself? is the administration getti

chairman kevin brady. mr. brady: thank you, representative walker. first let me thank you for not just hosting this evening, america's night, but your leadership for the republican study committee, and how you're leading our efforts to really move this country back in the right direction. as a friend and someone who admires you so much, thank you for your leadership. it's already made a huge difference in issues like repealing obamacare. so how many of you are pleased with the way your tax -- you're taxed in america today? not many americans are because the code we've got, it's so complex, it's so costly. it's just unfair. so house republicans are working with this president and the senate to deliver the first pro-growth tax reform in a generation. we know this is a once in a generation opportunity and the goals we set out from the house , first we want a tax code not designed merely to ring money from you. we have that tax code. we want a tax code built for growth. designed to grow jobs, your wages and the u.s. economy. in doing that we want to leap

but the legislation faces a huge hurdle, that's the border adjustment tax that chairman kevin brady inittee will not let go of. here is what orrin hatch said, he is not in favor but won't rule it out just yet. >> he won't give up on that. he's very convinced that's something they just have to do. they're going to have to show me how it does not violate international norms and how it really will work and how, how it's not just another way of taxing people and how it will not raise retail sales rates and everything in this country so that the middle class is hurt really badly and the poor especially. these are all issues that have to be raised. >> reporter: you know, neil, one thing we don't talk a lot about is that 10% of the highest income earners in this country pay roughly 68 president of all federal -- 68% of all federal income taxes. senator hatch told me that 10% of income earners should not expect a tax cut. they're going to eliminate most of the deductions, so those people in the top 10% probably won't see a tax cut. neil: that could be a wash. you broke a lot of news there, not

chairman kevin brady and our ways and means committee members are holding open hearings and meeting withtake holders on this right now i want to take a few minutes and walk you through what that kind of reform will look like let's start with families and individuals. at some point along the way, our tax system started working for the tax collectors rather than working for the hard-working taxpayers. look at what happens during tax season i could describe the complexity of the code all day long what really defines our tax code is that sense of dread that you feel you know that feeling? you have to navigate long x complicated forms to file your returns. you need to wade through a seemingly endless amount of credits each with their own rules and after you tally up all those deductions, you are placed in several different tax brackets based on your income level. at the end of the day, you hope, you really hope that you do not owe a whole bunch this year. you hope, because you don't know ahead of time. how could you? this whole system is too confusing. it is just foo datoo darn expene we have