david: we'll get reaction from congressman tom reid and sean duffy. busy day for the president who nominated jerome powell as the next chair of the federal reserve. and a top democrat admitting the party rigged the democratic nomination for hillary clinton. we'll take up the deep' corruption with dr. sebastian gorka. the question is whether leadership can wrangle the votes to deliver a major legislative victory for the president by the end of the year. the president wants the house to pass it by thanksgiving so he can sign it by christmas. john roberts has our report. reporter: this was a moment president trump waited a long time for. the opportunity to put some detail on his principles for tax reform. and it was a day of talking up the economy here at the white house. president trump had his minds on money and money on his minds. introducing his nominee for fed chairman. welcoming a huge company back to the u.s. in the oval office. president trump: broadcom is moving its base operation back from singapore to the united states. reporter: the president

thank you. >>> representative tom reid of new york helped write it. sir, now you have to help sell it. what do you think is the biggest challenge here? >> obviously we have work it do. overall it's going sell itself. this is about hard working americans keeping more of their money, that's about growing money and letting them spend it on their families. liz: in a wonderful world, you would be absolutely right. the home builders and anyone in the national association of realtors world is furious, they've put out a bunch of notices saying we don't like it, why? because it eliminates the opportunity to consistently deduct mortgage interest from tax returns. we can look at the home builders right now, they're in the red. what would you say to them right now? >> well, you know, i was working with the home berleds, the credit in regards to what we're going to do on mortgage and the salt, state and local taxes, that was intriguing to me, we went to the deduction side. a the end of the day, we're going to work out differences and when the economy is growing, p

david: we'll get reaction from congressman tom reid and sean duffy. a busy day for the

on all of this, on house side, keep eye on republican members from high taxed states, mike kelly, tom reid. they will get reductions put back into the by on the senate side keep an eye on susan collins as well as john mccain. trish: thank you so much, adam. joining me with reaction to the plan, treasury secretary steve mnuchin. good to have you here, sir. >> good to be here with thank you. trish: what do you think? the senate came forward with their ideas. what is your sense of it? >> first i would like to say we couldn't be more excited about the process and we are on track to get something to the president to design in december. we've been working all year in the leadership with the house and senate. everybody is really on the same page. there are some minor differences between the bills, but we're very pleased with the process and how it is moving forward. trish: they have got seven brackets. adam shapiro is reporting that seven brackets in the senate plan, which you know, i know you guys didn't want that, you wanted people to do this on a postcard very simply. so is this something that

and that's what another success of what we put forward here is looking like. >> congressman had tom reid thank you so much for joining us. john lon what do you make -- let me address first of all speaker plon see is shell game. perpetwaited by business a tax u burden on the middle-class, you're an economist what do you say? >> that's gross exaggeration that create jobs in this country and if you lower their tax rate if you make it easier for bidses with a trillion dollars of cash goafs to bring it back to the united states it is going to benefit the average american overtime. >> one your left-hand side of jr. screen i believe that's marine one, the president's helicopter -- landing to joint base andrews he'll get out of the koapt and go across to air force one and then take off for the first to hawaii on the first stop first level of his asia trip. by the way, i believe that the president did speak briefly with er earlier and bring that to you momentarily you're going to see it right now marine one with landing there joint base andrews as we look at the dow industrials, we've got what, a

tom reid weighed in.mething that will make its way through the house after the senate i just don't see how that math works to get to tax reform. what do you say to him? >> i say if i was living in new york maybe i would have the same opinions. for the rest of the states, 41 states around the country who are subsidizing high-tax states, this is a place where we'll have to find common ground. getting there we will. the fact is that for the vast majority of the country, that 1.3 trillion could be spent he can tably across the tax code by taxpayers across the country. >> sandra: here is what one leading democrat chuck schumer how he is responding to this. i'll get your take on the other side. >> senate republicans are telling house republicans there is no compromise. full repeal or bust. >> sandra: your response? >> it would be nice if the chuck and democrats would want to compromise. we haven't seen them around this tax reform conversation. that's unfortunate. once again if he lives in new york, and he does,

they wouldn't commit to voting yes or no, tom reid from new york, he will push to get some deductions restored. he asked him if push comes to should have will you vote against this, and he wouldn't answer. neil: thank you very much. what we've been see something pathetic. under the guise of making it very, very simple on a card. the number on the bottomly doesn't look like you're taking that much more net for people. in other words you're not giving them as much as they thought they would get. talking about the individual side. anyway, i went on a bit of a tear about this yesterday. some viewers, some of you, didn't like what i said. here is what i said. this is all about what you net, my friends, it is all about whether people can look forward to getting more net paycheck relief. in other words, whatever their take-home pay is now, they would ideally like having more take-home pay, roughly a year from now. some are going to get that not all. we're getting growing indications, maybe not as nearly as many as you think. i think when that sinks in to a lot of people, whether you're for o

join us as congressman tom reid, republican from new york. am i reading this correctly?e a vote unless you know you're going to win. >> all indications here today as we move in the right direction i've got a vote scheduled for tomorrow. we get to the florida pass the legislation. >> your congressman from new york state. i'm sure you've seen this already. new york congressman peter king slamming budget direct or mick mulvaney in a tweed. firms can be a true tax reform, mick mulvaney tries to screw new york. probably feels inferior because new york subsidizes his state of south carolina. that's a little personal, isn't it, congressman reid, you approve of that thing? >> i appreciate his passion and advocacy for constituents, but overall we have a compromise that we fought for in the property tax item up to $10,000 to protect 99.7 people we represent in western new york at the same time allow taxes to move forward and give them $1600 of their own dollars back into their pocket rather than government taking it from them. >> what the chances of a double when? tax reform yes,

congressman tom reid. he'll be on our show tomorrow, by the way. his reaction to s.a.l.t.ed except for that property tax deduction being capped at $10,000. i think we're close to sport, may -- support, may still be some movement on that cap size upward, but also we understand there's not much room to go further higher. so seems generally positive on it, although we need that deduction to go a little higher on the property tax. stuart: i think it hurts new york and california republicans. >> of course it does. how could it not? stuart: now, i'm going to introduce to you someone who you know very well. he's a democrat, he's a former clinton pollster. [laughter] he makes a decent amount of money, and he lives in new york city. poor guy. >> yes to both. stuart: his name is doug schoen, by the way. >> thank you, stuart. stuart: welcome back. for folks like you and a lot of other people in new york, new jersey, california, etc., etc., this is bad news, indeed. >> very bad news. the republicans have said that every american will get a tax cut. not true. for people like me, people

impressed by reid hillviews safety record, tom nguyen worries just the same. tom nguyen/airport neighbor "....already this year there was one accident on ocala, then one on tully road and now this one, just 40 feet from my home..." (vicki) taking a live look outside right now... (grant) now let's check in with with chief meteorologist brittney shipp. .a weather system will bring periods of light rain to the north bay and possibly san francisco today. high pressure will bring dry and warmer weather to the area tuesday through thursday. the next chance of rain will be late this weekend. "believe me .. if i started murdering people ... they'd be none of you left."manson may be the most famous, notorious, mass murderer ever.'(grant) one of america's most feared and hated men is gone ,charles manson's story is a reminder that all was not sunny in san francisco's summer of lovehe founded his cult right here in the bay area.catherine heenan is here with a look at charles manson's legacy.catherine? (catherine) he's been called the icon of evil.charles manson has fasci

yet, on may 20 9, 2017, as i was hadhing on julie reid, she on her show someone who had to tom perez,er democratic national committee chair titled "there's too much at stake to ignore black women." how is it in 2017 with this kind of voter participation, how is it that black women were still being ignored into their political power marginalized? welcome to the program ended with a clearly frustrated ms. williams and the person who was on the show to refute her claims arguing on behalf of the democratic party was a black male. so, when we look at this i want you to consider this dynamic and understand it is over 150 years old. confrontingmy talk segregation and sexism on all sides means that too often black are without the allies they deserve, there political power marginalized. yet, they have been able to do so much with so little. with take a step back. 1619. as was noted in film, and 1607 the jamestown colony was founded. the first eminent english settlement. it was dying. in case you do not know, jamestown was a swamp land then. -- they had gotten to the point of cannibalism. it wa

<(tom nguyen/lives near airport): "every day we hear the planes, all day long, we are very worried about it." (eric peterson/reidiew airport): "if you look at the numbers you will find that there have been some 5 million operations since then, 5 million takeoffs and landings, that's a large number which shows that this does not happen that often.">(robin) reid hillview airport officials say they try to be a good neighbor ... by restricting certain flights and times.the f-a-a continues to investigate what caused the plane to crash into the home. (robin)we are learning more about a suspicious death at a best western hotel in concord. the woman who died has been identified as 24-year-old guadalupe riggi is from fresno. she was found unresponsive in a room late sunday night ... at the hotel on clayton road. police say, they found her after responding to a call reporting a physical assault. it is not clear what led to her death. police have arrested the man who called 9-1-1, but say they are still investigating his possible involvement in the death. (robin)a settlement has been reached with the families of victims in

. -- also, morris reid as we look at tax cuts. nejra cehic in london, tom keene in new york.uieter london. there is the thames. this is bloomberg. ♪ ♪ this morning, after the high yields scare yesterday, markets stabilized. wine and no of volatility over? forget jetlagged. the president tweeted espaol grade, ucla basketball failed, the new york times failed, can congress pass a tax could know? for $90 to $10,000 to over 100 million dollars to an astounding four hundred 50 million dollars, da vinci's savior of the world sales at auction. one guess is that leonardo would not take anything so dull. ourre live in pastels from world headquarters in new york. with us is nejra cehic, and for francine lacqua, in london. what an auction. we'll have an expert to explain how this happened and is the painting for real? let me go to you and the future of prime minister may. is it for real? nejra: we will talk to rob hudson about this. with a lot of people questioning how safe is theresa may's writes that she is safer now. we get more brexit rumblings going on, questions over whether there

reid she had on her show l. joy williams, who had written a letter to tom perez, democratic national committee chair, titled "there's too much at stake to ignore black women." how is it in 2017 with this type of voter participation, how is it that black women were still being ignored and their political power marginalized? well, the program ended with a clearly frustrated miss williams and the person who was on the show to refute her claims arguing on behalf of the democratic party was a black ma male. so when we look at this i want you to consider this dynamic and understand it is over 150 years old. that's why my talk, "black suffragettes: confronting segregation and sexism on all sides," means that too often black women are without the allies they deserve. their political power marginalized. and yet they have been able to do so much with so little. let's take a step back. 1619. as was noted in the film, in 16079 jamestown colony was founded. the first permanent english settlement. it was dying off. in case you don't know, jamestown was a swamp then. it's a swamp now with very great facilities today. you should vi

<(tom nguyen/lives near airport): "every day we hear the planes, all day long, we are very worried about it." (eric peterson/reidhillview airport): "if you look at the numbers you will find that there have been some 5 million operations since then, 5 million takeoffs and landings, that's a large number which shows that this does not happen that often.">( james ) reid hillview airport officials say they try to be a good neighbor by restricting certain flights and times. ( james ) now to a story you will see only on kron 4... a neighborhood in san jose on edge this morning after a fire breaks out at a homeless encampment áright behind their homes. it happened in an alleyway on herald avenue. one home had part of its fence destroyed. it was caught on camera. people in the neighborhood say there have been at least half dozen other fires at the camp within the last couple of months. neighbors say the camp is on private property... but can not get in touch with the owner so the camp continues to grow. ( terisa ) redwood city police are warning people about several phone scams in the city. a fake caller asks for money

(tom nguyen/lives near airport): "every day we hear the planes, all day long, we are very worried about it."(eric peterson/reidview airport): "if you look at the numbers you will find that there have been some 5 million operations since then, 5 million takeoffs and landings, that's a large number which shows that this does not happen that often."(pam) the last serious accident... which killed three people... happened almost 30 years ago. . (steve) another big story...he was one of america's most feared and hated men... convicted cult leader and mass murderer charles manson has died at the age of 83.as kron4's catherine heenan shows us - his story began right right here in the bay area. natsan francisco's summer of love attracted thousands of young people ... and with them, a 32=year=old former pimp from ohio. "you get these kids, these children coming into heyday ashbury, and here is charlie manson, saying how much he loves them, and he wants to take care of them. he took full advantage." by the end of 1968, the manson family relocated to southern california.manson had become increasingly obsessed

(tom nguyen/lives near airport): "every day we hear the planes, all day long, we are very worried about it." (eric peterson/reid hillview airport): "if you look at the numbers you will find that there have been some 5 million operations since then, 5 million takeoffs and landings, that's a large number which shows that this does not happen that often." peterson say accidents area rare... the last serious accident... that killed three people... happened almost 30 years ago. "believe me .. if i started murdering people ... they'd be none of you left."manson may be the most famous, notorious, mass murderer ever.'(steve) he was one of america's most feared and hated men,charles manson's story began right here in the bay area,(pam) and as catherine heenan shows us, it is a reminder, that all was not sunny in san francisco's summer of love natsan francisco's summer of love attracted thousands of young people ... and with them, a 32=year=old former pimp from ohio. "you get these kids, these children coming into heyday ashbury, and here is charlie manson, saying how much he loves them, and he wants to take

member with chairman tom cat ot on the air land subcommittee, and we've had a number of hearings on issues such as readiness and modernization. i agree with senator mccain and senator reid that modernization is your number one priority. and in fact, may be your legacy. we've had a series of failures over the past dozen or 20 years. it just can't -- it can't continue. modernization is the future of readiness. and if we don't have that, we're not going to get there. and i just want to have your earnest commitment to this significant challenge. >> absolutely, senator. modernization is critical to future readiness. i'm convinced, however, we will not be able to modernized the force unless we completely overhaul the current acquisition system. >> so you anticipated my next question. >> so my commitment is to working with the army senior leadership to do just that. i think they've gotten off to a good start with the ideas that have been discussed and that they are putting into play. and i think that will help us get the current system into a position where we could do a much better job in terms of delivering to the soldier that tools equipment systems, weapons they need when