let's start with marco rubio.ke he got at least some of what he wanted and that's making more of the tax credit which has been doubled in the senate bill $22,000. also expedient how much of its refundable based on income level. it comes down to you have a lot of senators who are still a question marks. made as is it maybe they just gave in. how does he do it in the day he is supposed to supposed to post the plan. he comes out and he says he wants more. all about politics it has absolutely nothing to do with improving the tax plan. is a great tax bill. the individual's side is a mess. when the $500 billion to put through these child tax credits. i want that money. he and mike lee had an amendment to do just that. more of the tax credit refundable. and it got defeated 29-71. it was defeated but then they come back at the last minute. in 2018 it's the house that is all up for reelection. you're messing up something that was so important. it's in the best interest and not the american people and that's a problem with

marco rubio, the senator.foot locker will do well any atmosphere even if the tax plan is delayed? >> these are more beaten down stocks. ulta is stock growing even without tax reform t could be one of bigger beneficiaries with it. still one of our stronger picks. it is basically a beauty store combined with a salon to get an experience plus shopping. [closing bell rings] food locker is great value. netflix going like crazy -- foot locker. liz: big merger of fox and disney. erin, thank you. five-day winning streak snapped for the dow. that will do it for the "claman countdown." david: bound to happen sometime, stocks sliding after hitting new records of after concerns about passing tax reform. key republican senators voicing opposition to details in the plan. melissa: please, please. david: the dow closing down about 69 points right now, snapping a four-day record streak. s&p and nasdaq following suit. we're glad you could join us. david asman. melissa: i think all show. they will support it. i'm melissa francis

senator marco rubio now says he'll vote against the measure unless the child tax credit currently offers is increased. rubio is one of several senators who support for the bill is now in doubt as republicans labor to bring it to a floor vote next week. and more political drama. close friends of house speaker paul ryan are telling cnn he's been having what they described as soul searching conversations about his future on capitol hill. the sources say ryan could leave congress after next year's midterm elections or even sooner. ryan is denying it. the white house says the report prompted president trump to phone the speaker to let him know the president would be very unhappy if it was true. >>> and russian president vladimir putin used part of his four-hour year end news conference to praise president trump and dismiss the multiple investigations into russian election meddling. he called them, and i'm quoting him now, delirium and madness dreamed up by trump opponents. putin also noted what he called fairly serious achievements by mr. trump including the strength of the u.s. markets and i

seen confusion about how marco rubio will vote on this tax bill. x reported rubio was said to be a yes on the tax bill. e of the senator says he still plans to vote no. typically, he has stuck with the party lines. we will see what happens. stocks did rise to highs of the session following the initial headline. they are still rising. the dow and s&p still on track to close at records. we saw the effect in the bond yields are rising to the highs of the session. only up to the basis points. selling in the treasury markets. where we have seen remarkable gains in yields is on the two-year. this is having an effect on financials, the ripple effect of higher yields. j.p. morgan, berkshire hathaway, and bank of america the three largest cap financials contributor most to gains today because of their weight. health care was the worst performing group yesterday, it and materials. it is bouncing back led by drug distributors. scripts reported 2018 guidance and talked about contributions from one of its businesses. we saw positive commentary around that. you c

on the original amendment, marco rubio and mike lee, the republican senator from utah, had teamed up on this together so it's possible that mike lee could come into the fold with rubio. look, katy, as we've been reporting on weeks and weeks on this bill it is so important to the republicans politically to get this passed so to play chicken on a personal priority on this bill at this very late stage in the game, is a pretty big gamble and i think not a lot of senators will want to take. >> megan, first off, the president's going to speak at 2:30, talking about rolling back regulations. we've got a camera in the oval waiting for him right now. we're going to go there when he comes out. in the meantime -- i'm sorry the roosevelt room, my bad. sorry about that. >> in the meantime this tax bill, you're taking the corporate rate to 21%. the top individual tax rate is going from 39.5 to 37. how can they justify bringing those down and not expanding a child tax credit or not expanding the tax credits that help the regular people of this country, the middle class earners, especially when the t

will marco rubio changes mind before the years end? kevin: the chairman of the white house council of economic advisers will be here. we had a johannesburg before the ruling of the african national congress electing a new leader on sunday. the winner will inherit an economy performing well below its potential. for details this hour. this hour.ails ♪ shery: the final sprint on capitol hill for the republican tax plan. the bill is expected to be unveiled today. for details on what made the final cut or did not, will they find enough votes to pass? . president trump is confident president trump: i think it's going to do very well. i think we're going to be in a position to pass something as early as next week, which will be monumental. shery: we are joined by businessweek editor they can murphy and national political reporter sahil on capitol hill. we are here in different accounts for marco rubio's camp. do we know where he stands? sahil: his official position is that he is in no -- a no until he sees the agreement. is not on the confere

is every other republican in congress thinking of running for president, they don't want to give marco rubio in effect that presidential moment of dictating the final piece of the bill. >> they don't. they also know that the odds of rubio actually voting against this bill seem really slim. one of the things that everyone's talked about is this bill goes out of the way to punish blue states. it punishes new york and california with what it does to tax breaks. this bill is really nice to florida. if you have a wealthy person in florida and basically who marco rubio is surrounded by in terms of donors and advisers, this bill is really, really good for you and not only does he know that but the colleagues know that and so i think the concern here, as ezra said, he is giving them a gift, a political gift, i think they may try to give him a little bit. take the politics of it and leave the substance of the bill really damaging. >> another thing that came out in polling about this it's what do you think the bill does? quinnipiac poll, do you think the gop tax plan will increase or reduce your taxes

they suggest marco rubio and susan collins will show up to the table to vote yes. i think there is a clear correlation as we seen the news cycle run every turn and interrace of tax bill, the markets responded and pass it next week and president sign it i think you will see a nice bounce. >> what if we don't? what if there is some disappointment axe --'s this tax cut or don't plow into new workers or pay more money? they're free to do whatever they want with the money but how will that fall out? >> what you will see democrats point to that as weakness of this tax package. bringing on child tax credit. having a situation where you're increasing that standard deductible and trying to take care of middle class families. for now, even if there is delayed benefits from these companies getting good tax wind falls in the end they will eventually show up in workers pockets in addition to individual rate hikes, not hikes but rate changes too. neil: good seeing you my friend. >> nice see you. neil: more concern about bias in the russian probe and what certain guy named muelle

i think this is smart political strategy by marco rubio. marco rubio has been telegraphing this somewhat in recent days where he tweeted his announce with the fact that they voted down his amendment along with senator mike lee. they've been working on this child credit together. they voted that down during the amendment period because the idea was, you would have to raise the corporate tax rate up 1%, actually .94%. from 20% to 20.94%. that was told, no, that's too much, it's going to hurt growth, and marco rubio tweeted out, wait a minute, trump just said we can possibly raise it to 22% or 21%, and that's okay. when we want to expand the child tax credit, it wasn't. he's kind of let them know, he's going to fight for this. messaging for republicans, they've done a terrible job explaining to middle class americans why this tax bill is good for them. we can debate this, whether it is or it isn't, but the republicans have done a terrible job, and this -- marco rubio can turn back, even if he loses it, he can go back and say, i fought hard for

marco rubio wants more than the $1100 tax credit. i think mike lee with them. will republicans give into that or call his bluff? >> well, republicans have indicated they are hopeful they can get senator rubio on board but as you were 2340noting, the margins are thin. we don't know what senator rubio's going to do or senator lee. we don't know wh senator mccain is going to be in a position to vote. taken together, there is a lot of pressure to come to an agreement because they feel they must get this done. >> let's talk more broadly about political will. there's an unpopular president. we've got midterm elections coming. i realize republicans need a legislative win at this point. but what about the optics of this? >> sure. well, for the moment, there's a lot of concern about the republican base, at least for these republican lawmakers. they go into this feeling enormous pressure from the base to get something done, even putting aside some of the broader political dynamics. but look, these are lawmakers who have promised for years to repeal and replace obamacare.

one of the big moments senator marco rubio saying he was a no on the deal that had been struct. his issue the child tax credit boosted from $1,000 to $2,000. he wants it to be more refundable basically adding more to people in terms of what they would get beyond their income tax liability. the big problem with that is it is expensive. however, i'm told from several senate aides they've been working behind the scenes. they will give him something, something that republican leaders think will be enough to get him in line. as one republican senator told me, on thursday, do you really think senator rubio wants to sink this once in a generation opportunity? at least from the republican perspective. democrats still unified in opposition and complaining about the process and policy saying in the wake of the alabama senate upset everyone should wait until senator elect doug jones is seated. that's not going to happen. should republican leaders finalize as expect to? release the bill friday night? i'm told still, the time line stands. they want the tax bill done through both chambers of

according to unnamed, senator marco rubio is still a no on the tax bill. ot seen the text yet. the reason i bring it up is because the markets really reacted earlier after a false report that rubio was -- a fox report that rubio was a yes. right now, we are seeing some gains. the s&p up 0.6%. the 10 year yield has lost another basis point, 2.36%. still ahead, billionaire allen howard may be having the worst year of his career, but he is ready to throw in the towel. ♪ nejra: lime from bloomberg's new european headquarters in london, i am nejra cehic. vonnie: in new york, i am vonnie quinn. this is "bloomberg markets." nejra: let's talk hedge funds. brevan howard is said to race for $1 million of client withdrawals at the end of this month as its fund heads for a record annual loss. the firm has seen assets plunged its $40 billion peak. that is not stopping billionaire allen howard. he has a plan to turn it around. here with more is our hedge fund correspondent. this is the worst year of his career for allen howard. why doesn't he just stop? >> it is easy to

the republicans have done a terrible job, and this -- marco rubio can turn back, even if he loses it,e can go back and say, i fought hard for this middle class, this would help the middle class. >> he thinks rubio will be there for sure? >> i do too. >> your in the airport, and you see the people yelling, get their way. you give way to bad actors, pretty soon a good actor is going to ask for someone. he's going to vote for it, he's going to get a little bit of what he wants. that's good negotiating on his part. he's talking about the child tax credit is going up. that's why this is a middle class tax cut. 70% of the country doesn't itemize because it's too difficult. if we said those three things over and over again, we would cut through what you're talking about, this is a middle class tax cut and it creates jobs. they create more jobs, makes us more competitive and helps the middle class as well. >> in my experience, the last people you want to yell at are traffic cops. and airport employees. >> we have had tax cuts before, and it hasn't translated to wages growing. we've seen this

within the last 20 minutes the news broke that marco rubio, confirmed to fox business, marco rubio would vote no. this is the senator from florida, unless he got an increase in the child tax credit. now the current child tabs credit at $1000 has been increased to $2000. but senator rubio and senators mike lee had proposed raising it more to $2500. using it as something offset from your payroll taxes. that was shot down. now those two gentlemen, senators lee and rubio are pushing for increase in the child tax credit. so they are both, rubio saying he is a no at this point. mike lee is saying he undecided. then there is bob corker, senator from tennessee, who was a no when the senate voted to send the bill to conference committee but he is now saying he is undecided until he sees the final text, based on what kind of debt this would add to the national, deficit, this would add to the national debt. so that is where we stand on that very issue. of course you brought up the issue about potential for the speaker to finish his term and leave. that came out of an article in "politico" in which

marco rubio will vote yes on the tax bill overhaul. in, corker is still out, collins is still a question mark. julia: who has read it yet? scarlet: i do not think anyone has. julia: disney's dealmaker, how the agreement with fox is shaking up the media industry. we will discuss. from new york, this is bloomberg. ♪ ♪ scarlet: this is bloomberg markets. i'm scarlet fu. julia: i'm julia chatterley. for decades, people have wondered who will take over from rupert murdoch, and we got that answer -- no one. after disney's deal with fox, he is not out of the picture. he said you know me, i and a news man with a contested spirit. are we retreating? we are not. we are pivoting at a pivotal moments. cory johnson, great to have you with us. pivotal at a little -- moment. cory: it is now just fox news. no fox entertainment. fox on sundays is football and the simpson's and some other stuff. it is now only football, simpsons are gone. what does this mean for fox news? we do not know what that investment might look like, but this is a massively profi

he thinks marco rubio is going to ultimately get on board, even though senator rubio says he wants more money, he wants to add money to this child tax credit. here's the big question, and this is one i know you and i have talked about. when push comes to shove when this thing gets up for a vote and it's on the senate floor, is marco rubio going to be the guy that tanks this plan? >> reporter: i think that's extremely unlikely. marco rubio has gone along with a lot of what the president has wanted to do. he's put this amendment to add more money in the childcare tax credit. even when it was voted down he voted tod move this bill forwar. he has not shown to be someone who wants to stop this if he doesn't get what he wants. i have to tell you, republican leaders know if everyone is here next week, they could theoretically afford to lose marco rubio's vote. they have one vote essentially to give if bob corker stays a no. it's a terrible look for one of the most visible republican senators to go down fighting on a bill trying to add a tax credit that directly impacts american families. that'

through also joining corker, marco rubio who changed his vote after the child tax credit was expandedyesterday we were saying marco , whatever he says, would vote yes. bob corker, we expected to be an no. today a very different picture. was a bigthis surprise. corker has been the lonely deficit hawk among the senate republicans. he is the only one who said he would not abide by the new deficit that is expected to trillion, perhaps more if these cuts are extended as party leaders say. this is a turnaround, but this pre-much secures the passage in the senate. we have some undecided members. but it's very hard to see how this bill fails. joe: did senator corker give any explanation for why a bill that does not address any of his concerns is certainly worth voting yes on? a statement put out saying that after speaking with businesses and farmers and various constituents, he has decided to vote yes on this bill. he called it a once in a generation opportunity to remake the united states tax code. to seize the potential to add about 500 billion dollars to the deficit, but he says his hope i

marco rubio lanzÓ un balde de agua frÍa al mencionar que la reforma fiscal implicara cambios en la reformael exasesor de trump, flyyn se declarÓ culpable de mentir al fbi sobre sus conversaciones con funcionarios rusos. el gobierno declara toque de queda en honduras . a pesar de haber quedado en el grupo de la muerte, hay optimismo en mÉxico. presentador: este es su noticiero univisiÓn, edición nocturna con ilia calderÓn y enrique acevedo. enrique: buenas noches. marco rubio hablÓ sobre los efectos negativos que podrÍa tener la reforma fiscal promovida por su partido. dijo que si fuera aprobada, vendrÍan reducciones en la seguridad social y en medicare, lo que podrÍa afectar a las clases con menor poder adquisitivo. pablo: las palabras de marco rubio dejaron ver lo que podrÍa venir para millones de familias. >> lo que alimenta la deuda nacional del paÍs es la seguridad social y el medicare. pablo: eso significa que tras la reforma de impuestos los republicanos querrÍan producir los beneficios de protecciÓn y beneficios sociales a los mÁs pobres. rubio afirmÓ que eso no afectarÍa a las pers

one major wild card right now, senator marco rubio, saying that he is going to vote no unless the finalpands a child tax credit to millions of family, something he cares very much about, that is definitely not the only thing to watch right now. following the bouncing ball for us, congressional correspondent sunlen serfaty is joining me from the hill right now. sunlen, what is the very latest on rubio's ask and demand is this. >> well, it seems kate, as of the last hour that republican leaders are certainly making some progress in bringing marco rubio to a yes, but they are not officially there yet. changes made in the last moments this morning to the bill really to appease specific demands from marco rubio over the child tax credit. republican sources say the refundability portion of the child tax credit has been expanded in the final version of this text. that was a line in the sand that marco rubio drew definitively last night and threatened to vote no over that specific portion. as of this morning we still do not know if he, indeed, will move to a yes with get what he wanted. will th

marco rubio saying that this is a tax bill for rich people or rich corporations.they not get the benefits for small businesses, john? >> well with the small tax deductions that they're talking about, you know, hard working americans know how to spend their money much better than washington and as a state lawmaker in north carolina there is never a perfect bill so we need to do something and need to do something now and let's let small business owners take those moneys and reinvest them and let them make their decisions because they know what's best. washington doesn't. >> charles: karen we see a lot of surveys out there showing the consumers optimistic as well. are you starting to see that also with small businesses are consumers stepping up? are they showing the same optimism with their wallets and pocketbooks? >> well yes they are. look at we've had two great quarters of growth, 3.0% or higher which is great and but we do need tax reform, i believe in order to sustain that growth to fuel that growth and customers consumers are even going to step up more, and bus

one meant to accommodate, accommodated concerns that senator marco rubio had about cuttings downsize hild tax credits down to $1100 when they got high as 2,000 in the senate. back up to around $1400. that seemed calm senator rubio down. no guarranty he is a yes vote. not looking so much as a sure thing of a no vote. they're keeping track of that they hope to have this all sorted out and settled early next week on the president's desk, sign, sealed and delivered. kevin brady we joined that mid progress. they're making great progress. keeping eye on that. keeping eye on this. president trump talking to academy graduates saying he will help build the fbi to better fbi. blake. reporter: couple different messages relates to the fbi today. he was at the national academy speaking to graduates where he was highly complimentary of their profession. did not take any swipes whatsoever at current leadership and past leadership. before he boarded marine one to head to quantico, the president suggested that the fbi needs to be fixed. >> it's a shame what has happened with the fbi, but we're going t

a lot of folks are pointing to marco rubio as the reason for the problem. a tax cut that doesn't look like a sure deal because as things stand now, he can't vote for it. that had stocks swooning when it locks like the tax cut was moving along. here's the issue. a lot of this has to go with his views on whether this is generous enough to lower to middle income families, particularly when it comes to the child care credit. the senator indicates today no, it's not. listen. >> unless they can figure out a way to add to the $1,100 figure, i won't support the bill. >> neil: i won't support the bill. he's network alone. there's a few others in the senate right now that have reservations about everything from the amount of debt that this could pile on to the rich getting a bigger tax break than earlier thought, reducing their rate to 37%. folks like susan collins in particular don't like it. it's a mess or could be. stocks were a mess. suddenly a lot of people didn't think they would be. kevin corke with more. >> it's the kind of thing that just raises your blood p

that's senator marco rubio. earlier today president trump signaled he wasn't worried about little marco. >> i think they'll be great. they're great people. they want to see it done. i know him very well. i know how they feel. these are great people. and they want to see it done. and they want to see it done properly. >> showing he's got some leverage. nbc's garrett hake is on capitol hill. garrett, we have marco rubio in the no category right now, but is it going to be enough? >> reporter: katy, i think it's time to move him. just as you've been reading the introduction it sounds like marco rubio got enough what he wanted he's moving to a yes vote. he asked for an increase in the refundability of the child tax credit, basically putting more money in people's pockets and he tweeted, it's the second of a couple tweets but says for far too long washington has ignored and left behind the american working class. increasing the refund blgt of the child tax credit from 55% to 70% is a solid step toward broader reforms w

marco rubio comes out against the tax compromise on capitol hill.g, what he wants and who else may be fighting it. >>> odds of on attack. a senator predicting there is a 70% chance that president trump will attack north korea if kim jong-un makes one particular move. >>> omarosa's controversial interview, the former "apprentice" star raising more questions than and the about her white house exit. >> i have seen things that have made me uncomfortable, that have upset me. >> this morning what former press secretary

everyrket hanging on to word coming out of marco rubio's camp. how much of a boost will come from the tax bill getting past and perhaps buybacks in the future? >> good question. i think you still have a significant runway for stocks if it gets passed. it looks like it will. 70% of investors said they have not positioned for changes yet. clearly, it is filtering into the earnings numbers. it does not look fully priced yet. i think there is a lot longer to go. investorses that mean are looking at this and saying companies will give me that money? they will not invest or spend money or repatriate? >> absolutely. it is a boon for shareholders. part of that may be for the overall weak demand backdrop, not enough things for companies to invest in with a decent rate of return. cap capex companies have underperformed the market. if you have not been rewarded for capex, why would you do it? i think shareholder returns are the most obvious place to think about where the funds will go. vonnie: people calling the top of the cycle may be wrong? >> absolutely.

talk first about marco rubio, what do you make of him? >> marco and ivanka and i worked on the family tax credit in this tax bill quite a while now. negotiations are in a really good spot. we doubled the childhood tax credit. make sure it is going to more people in the country. i understands he wants to continue to work at it, but definitely moving in the right direction. david: this is a credit for a lot of people who pay no taxes at all. which means it's a form of welfare. government cutting a check to people, rather than people getting refund on their taxes because a lot of them don't pay taxes. is marco rubio really willing to kill the tax bill in favor of a welfare plan? >> you know i haven't had the discussion with him but what we're looking for is a tax code that doesn't penalize families. an no matter what size they are. that is the negotiations that we've had. as family has one child or three children, or if they're single or married that we're not penalizing families. we have families of all different shapes and sizes in the cou

but there's still the potential for holdout votes, including republican florida senator marco rubio. and some others in the senate, frankly, have been harshly critical of the president in the past. >> he's been a great guy, very supportive. i think senator rubio will be there. >> reporter: president trump confident that senator marco rubio will get on board with the republican tax plan despite his declaration that he will vote against the bill unless negotiators expand the child tax credit, a measure he has been pushing alongside senator mike lee. >> i remain surprised that there is not more consensus to support the reality that we need to do more to help working people in this country. >> reporter: rubio probing his republican colleagues thursday tweeting tax negotiators didn't have much trouble finding a what to lower the top tax bracket and start the corporate tax cut a year ago. year early. >> 11:59 on the clock and really the pins out to be down. >> reporter: rubio's demand raising additional questions about how republicans will pay for the bill which cannot add more than $1.5 tr

or was that a possibility that you may not have marco rubio? >> secretary sanders: i am not sure that he has spoken with him today. we are proud of the work that we have done with rubio, and we look forward to making sure that the progress that we have made to double the child care tax credit -- kind of a mouthful -- goes into full effect. >> should roy moore give a concession speech now? >> secretary sanders: probably sounds like it probably should have already taken place. look, the president has already called and congratulated doug jones and expressed his willingness to work with him and to meet with him when he arrives in washington. >> what are your thoughts about the tell all? and some issues? >> secretary sanders: i did receive some clips of that in terms of a tell all. i think you would have to ask her. she resigned from her position yesterday, she will be here later this afternoon. we put out a statement yesterday, i don't have any changes to add to that, and certainly, as has been the practice in the past, and will continue to be in t

we expect marco rubio to vote yes on this bill. he has gotten a decisional $300 for the child tax credit refund. this comes against the payroll taxes, roughly zero to $25,000 in income. in simple terms, if you doesn't have federal income tax liability he wanted to increase the amount you could get back for a child tax credit. he seems to have achieved that. as a member of the conference committee, source close to conference committee told me we'll give him what he wants. he will be yes. other two undecideds are senator flake and senator corker. even if they were to vote no. that still may not be enough to kill the bill and there is all kind of calculations that go into it. but everyone is expecting a yes next week. now, what we know at this point, according to representative jordan as well as kevin brady, the conference committee is done. they have signed the report. it is closed, and we will find out when it is filed publicly at 5:30 the exact details in there they will vote upon next week. here is what kevin brady said moments ag

. >> jon: if you get marco rubio vote, are you in? >> it certainly better than without him. there are some wild cards. there are concerns about the impact of the deficit and the spending side. that is what has bob corker concern. how they will offset these things. there's a $1.5 trillion spending limit over a decade that has to be kept below because that's the framework they are working under. there's one other thing, that they had to be mindful of, you have two senators who have health issues right now, and if they are not able to vote, that's your two vote margin. they are working around those issues as well. >> jon: john mccain still undergoing treatments, and walter reed in connection to his brain cancer treatments. that's got to be a tough one for mitch mcconnell to try and figure out when to schedule this vote. >> absolutely. they are on a tight deadline here. they want to get this done next week. the plan today will reveal what the language is. we are expecting that by the end of the day. they are sending that right now and com

>> trace, we caught up with senator marco rubio that says he wants to do more on the child tax credit. here's rubio moments ago. >> consistently throughout this process, i outlined the refundable part for the child tax credit. it's only $1,100. a lot of people making $25,000 working cannot utilize as much of the credit as they need. >> two others on the fence, mike lee, like rubio is pushing to do more on the child tax credit. and bob corker was a no on the senate plan but he says he will make up his mind when he sees the final product. no surprise the speaker of the house and he disagree on the bill. >> in addition to the course that this relief gives people a simpler system and a fairer tax code, that is what this accomplishes. >> it's a monumental con job. they're not getting away with it as you can see the american people are paying attention. they know. they are 2 to 1 coming out against it. >> leaders are not counting on pelosi's support. >> trace: what about the looming government shut down? >> the government runs out of money next friday night at midnight. they're coming to co

senator marco rubio said only $1,100 of the tax credit is refundable. >> if marco rubio is breaking, that is significant. is this a deal breaker or a late period negotiation? it is a small enough complaint it seems remediable. bob corker's is hard tore fix because that's baked in the cake. >> a.b., are they going to pass this bill? >> yes, they are. i'm much more concerned about the health problems of senator mccain and cochran. they will find awe way to meet rubio a third of the way and give him a reason to vote yes. he will not be the republican who sinks this package. there is much more peril with people who can't make it physically to the floor to vote. in that case they would have to delay it to a later time. likely a few days after christmas. there's a lot of drama around this. but somewhat i know they're going to make this happen. >> senator john mccain's health is obviously at issue. people are keeping a close eye and watch on it. it seems as though things are dicey at the moment for when he will be able to return. >> we should offer our prayers and respect to that family. wh

marco rubio could be the spoiler.ought everyone was keeping their eye on susan collins, but he is taking his heels and. >> he is certainly emerging as a last-minute obstacle to pass this bill days before the senate and house hope to get a final conference report wrap up. he has spent weeks, probably months insisting on a larger child tax credit. 2000 bute amount of to what he told me, was he wants the refundable portion of the child tax credit to rise from the 1100. he didn't specify an amount, but he is going to vote against this bill unless that happens. i spoke to senator hatch, he was unclear as to whether those demands can be met. senator rubio looking at the potential novo. we have senator corker -- no vote. nothing has changed for senator corker. he says those will be difficult to overcome, but he will look at the final bill before making his thoughts known. republicans cannot lose any more members if they vote no. scarlet: is there anyone else senator rubio may be speaking on behalf of? >> he is working with s

we don't know yet whether he'll join marco rubio in saying he's a no without more money. and then there's susan collins who had asked for additional money or excuse me additional -- alexander murray bill to be considered. another law that she had asked to be considered surrounding the obamacare exchanges. because remember the repeal of the individual mandate is in this finalized version of the bill. but, again, right now republicans are optimistic they can keep everybody on board. we heard some of that from the white house yesterday too. take a listen. >> i think we'll be there. really been a great guy, very supportive. i think that senator rubio will be there for sure. >> we're going to keep working with him until we get the job done which we still expect to happen before the end of the year. >> and, stephanie, all indications are here on capitol hill that this is the kind of situation where rubio very much wants to get to yes. so we'll see if congressional leaders can find a little bit of extra money in this bill to move the bill really more towards actual families whic

or say, wait a second, marco rubio's holding out, why can't i get what i was promised? >> david, it's striking to me that some of the most succinct, pithy, sort of characterizations of the distributional effects of this tax bill are coming from marco rubio, who in 20 seconds summarizes the chief beneficiaries. he says, if you can play around with the rates for people making $1 million a year, if you can play around the rates for corporations, you're telling me you can't give a refundable child tax credit of $1,100? it's a devastating argument against the bill that the republicans are proposing. >> the republicans have managed to do something none of us could have imagined. tax cuts have been the republican signature issue since ronald reagan. and they've managed to produce a tax cut bill that more than two-thirds of americans are telling pollsters they oppose. i mean, you can't make this stuff up. and rubio, while i agree with you, he's something of an empty suit and not a guy with a lot of backbone, is saying something i think other senators are thinking. if i vote for

but there are still concerns, a possibility for holdouts, including republican florida senator, marco rubio, including some other members of the senate who have been harshly critical of the president in the past. >> been a great guy and very supporter, and i think senator rubio will be there. >> reporter: prime minister confident marco rubio will be onboard with the tax bill despite his declaration he will vote against the bill if they do not raise the tax credit. >> i remain surprised there's not more consensus to support the reality we need to do more to help people in the country. >> reporter: rubio tweeting tax negotiators did not have much trouble to lower the top tax bracket and start the corporate tax cut a year early. >> really -- >> reporter: rubio's demand raising questions about how republicans will pay for the bill which cannot add more than $1.5 trillion to the deficit, and with a narrow 52-48 majority in the senate, republicans can only afford to lose two votes and still pass the bill along party lines. the impact on the deficit prompting bob corker to vote against the bill, t

. >> marco rubio says he will not support the bill in its current form and is hoping to use his crucial vote forea provision that would benefit lower income americans. it would only take three republican no-votes to sink this bill. mary bruce has the latest. >> one, two, three. >> reporter: president trump cutting through red tape at the white house and hoping republicans can stay united enough in the senate to pass his tax bill. >> we're doing very well on the tax front. we have tremendous support. we have tremendous spirit. >> reporter: but back on the hill, the president is aware there are signs of trouble. senator marco rubio tells us he's a no unless the bill includes a larger expansion of the child tax credit. >> unless they can figure out a way to add to the 1100 figure i won't support the bill. >> reporter: senate republicans can only afford to lose two votes, and senator bob corker is expected to be a concerned that it will add $1.5 trillion to the deficit. and two more are undecided. most democrats are trying to figure out what's actually in the plan. republicans haven't sent

and did marco rubio get his price on

and as you mentioned, marco rubio, bob corker coming onboard on friday was a really big deal. marco rubio saying definitively he would not vote for this bill unless they moved in his direction on the child tax credit. they did just that, and bob corker dropping some of his opposition to the bill on the basis of the deficit. he's not really talking too much about that, and he said he'll go ahead and support it. >> all right, abby philip, thank you so much from the white house. we'll check back with you. right now i want to bring in lauren fox, congressional reporter. lauren, good to see you. so what did the president perhaps give up in order to get this far in this bill? >> well, we have to remember that the president is on the verge of a major legislative victory here, something that republicans in congress have not been able to give him for the entire year, but with a victory comes some things that you have to be willing to give up on, and one of those things for president donald trump was the corporate tax rate. when they began the debate, excuse me, one of the things that t

senator marco rubio is threatening to oppose the bill. president trump said yesterday he believes rubio will eventually get to a yes vote. >> unless they figure out a way to increase the refundable part, higher than $1100. a way they figured out a way to give corporations an extra year of cuts. the way they figured out a way to lower the top rate for a family making a million. unless they can figure out a way to add to 1100 figure, i won't support the bill. >> i think he'll be there. he's been a great guy and supportive. i think senator rubio will be there. we have tremendous support. we have tremendous spirit. it will be the largest tax cut in the history of our country. >> we're really proud of the work that we've done already up until this point with senator rubio already doubling the tax credit. taking it to $2,000 per child. continue working with the senator. we think we made great strides and frankly pretty historic movement in the terms of the child tax credit. we're proud of that work. going to keep working with them until we get t

reporter: marco rubio as well. we have heard folks who might be no votes potentially -- no vote, potentially undecided votes. but marco rubio's potential no vote is one, we know it concerns, but him vote nothing is suddenly out of left field. has that caught the white house by surprise at all? or have you braced for the possibility that you might not have marco rubio in your corner? sarah: i'm not sure if the president's spoken with him specifically today. again, we're proud of the work that we've done with senator rubio. and we look forward to making sure that the progress that we made to double the child care tax credit, that's kind of a mouthful, goes into full effect when this piece of legislation is signed. april? reporter: should roy moore just give his concession speech now versus holding it out? sarah: probably sounds like it may should have already taken place. look, the president's already called and congratulated doug jones and expressed his willingness to work with him and to meet with him when he arriv

we just heard today that marco rubio is behind it now that the child tax credit is up to his standards. they moved it from 1100 to 1400, and he's voting yes, i believe senator bob corker said this afternoon he will vote yes as well >> atema >> it will certainly be a legislative win for trump and the gop but this is not popular even with folks in their own party, you got a lot of economists, and right leaning comic organizations saying this will not be able to generate sort of the growth that you think it will, which might be why they're currently thinking of -- they've been keeping it hush hush and a lot of the details and details as late as tonight >> >> why haven't we heard more republicans come up and say wore a like this? at this point looks like you have bob corker seems to be a tough one >> and marco rubio, he final. said i'll sign off on this >> i think if they're going to go ahead and do this because they certainly -- for corker, unclear on his status considering he's not running again but for somebody like marco rubio and others they won't want go into an election year saying

senator marco rubio has turned out to be a key voice of dissent.e says no unless the child tax care gets a bump. >> until they add to the figure, i won't support the bill. >> president trump insists all is still good as he's delivering what he calls a christmas people to the american people despite rubio's reservations. >> i think that senator rubio will be there. >> the other potential roadblock, john mccain is unable to vote at the moment. he's hospitalized after being diagnosed with brain cancer. the final plan preserves deductions for student loans and medical expenses and doubled the standard deduction. but the hit for residents in high cap states it caps it at $10,000. republicans say they make up for the changes by lowering the income tax rate at every level. >> tax cut for the rich. that's their purpose. it's a monumental con job. >> senate republicans can only afford to lose two of their own. at least a couple of other gopers besides senator rubio haven't committed to voting it. how close? mike pence has delayed his trip so he can be in th

sources are saying that senator marco rubio is a "yes" on the tax bill after some fixes. we, of course, we'll do our own reporting and bring you more as it happens. i am harris. is dana. >> dana: secretary of state rex tillerson with harsh words for north korea, calling out other countries for supporting the regime. more on that in just a few minutes. i am dana perino, and this is "the daily briefing." president trump addressed graduates at the national academy this morning and he promised his support to those new agents. >> with me as your president, america's police will have a true friend and loyal champion in the white house, more loyal than anyone else can be. the president of the united states has your back 100%. [applause] >> dana: kevin corke is at the white house. what was the thinking, kevin, behind the president's comments, also, about crime and murder rates in chicago and baltimore? >> spot on by the way running that clip. that was the main focus. "i am with you 100% despite what you may have heard or even read on twitter." first things first, president made s

marco rubio got what he wanted. he successfully used the leverage that you can find if you've got a narrow margin the way that republicans do in the senate. got more refundability on the child tax credit. if you have no federal income tax, you get more of that credit than originally was in the bill. now he is going to vote for it. senator corker didn't like the additional weight that this would put on the deficit, 1.5 trillion dollars. he didn't get a fix but he will vote for it anyway. it looks like they have the numbers. and the two ailing senators who may not be able to vote, mccain and cochran, it doesn't matter. the republicans will have the vote if the vice president stays in town as he will to >> when do we expect that to happen? early next week. >> yes. tuesday. and then the senate will vote. i think that is all tentative. yes, the vote will happen next week. >> i know all of the details are coming out about this. i don't know how much in the weeds you've been able to get on that. i'm curious about something

republican florida senator marco rubio saying he will vote no on the tax bill unless there is an uncrease in the child tax credit senator rubio is not the only one with problems with the bill as you just heard. susan collins does not like lowering the top tax rate. bob corker worried about the debt and don't forget the democrats oregon senator ron wid en saying the gop plan works against the middle class. roll tape. >> this is the ultimate betrayal of the middle class. it doesn't give middle class americans the tax cuts they deserve now and it takes away medicare and social security later. >> liz: let's bring in liz peak on that. what's your answer to ron widen? >> he's wrong and he knows he's wrong. democrats are terrified about this tax bill. not only passing but then being successful, extending this booming economy, the booming stock market, and they know, they have been lying, i mean senate democrats have been lying about this tax bill for weeks even the washington post has called him out on it. as it turns out, because of the doubling of the standard deduction, because of the child t

and because of folks like marco rubio and ivanka, when you think about folks with kids in the household, this plan doubles the child tax credit and makes about 70% of it refundable. this is a plan that we can be proud of. because it speaks to the hearts of everyday americans. [applause]