familiar face around here, tony sayegh. good to see you, tony. >> david, grade to be with you. criticism from conservatives. "wall street journal" had lead editorial a lot of people read last friday. it was all about essentially how the people in the trump administration, if we can put it up on the screen were getting sold by the argument from democrats that they needed to get into this class warfare thing and they claim that it is half of tax reform. good on the corporate side but it is lousy on the individual side. how do you respond? >> well, look i would ask they take expanded view what we're doing with tax cuts and tax reform. number one, if you look at the individual side, david, emphasis from the president's point of view is the middle class. what this does do, the house bill, we anticipate the senate version will as well, guarranty the middle class achieves major meaningful tax cut, doubling tax deduction and tax credit. david: reagan tax cut focused on the highest top marginal rate because a lot of people, of course they're rich, but they spend their money not on cars

lou: joining me now, tony sayegh.t's coming out of the ways and means committee. talking earlier with congressman bratt. i haven't heard the ways and means committee be specific and clear how much the middle class gets and how they will make it fair and commensurate with the corporate tax and small business. >> the president has two bright lines. the first is making sure we have a major middle class thanks cuts. that appears to happen in this ways and means bill. the president understands that we need to make hour on the individual side we give meaningful tax reform to average americans. that's doubling the standard deduction and increasing the child tax credit. the tax credit is $1,600. but if you are making $260,000 today you are paying a 33% rate. under what i understand to be the house plan you will pay 25%. if you are making 59,000 you will get a thanks cut of $1,200 as far as your bill is concerned. that's what we are focused on on the individual side. >> the taxes on mortgage, reducing it from a million to half

art laffer is here with hiking prognosis and tony sayegh from the treasury department. also coming up, nancy pelosi defending fellow democrat john conyers accused of sexual harrassment saying he is an icon, her words and he has done so much to protect women. sure sounds a lot like what the democrats said about bill clinton all those years. remember that? all this as sexual harrassment scandals continue to rock the entertainment world. we have actor stephen baldwin here. he will weigh in a few moments. plus adam shapiro on capitol hill with the latest on tax reform. we go to him now. how does it look, adam? any closer. reporter: like that 1970s show, let's make a deal. orrin hatch came out with the lunch that members of the senate finance committee had with the president and said it should be easy to reconcile versions between the house and senate version but we still need to get to a senate vote possibly later this week. let me show you who was at the lunch with president trump because this is important. this is senator hatch, pat toomey, rob portman, tim scott and john