shortly after the plan was released yesterday senator chris van hollen reacted on the senate floor. >> thank you, mr. president, and i see my friend and colleague from pennsylvania on the floor. we've worked together on a number of things over the years including now, working together to impose and really enforce sanctions against north korea, putting together a t bill modeld after the iran sanctions bill so that we are serious about working to get china and others to bring to the table and it want to thankor my colleague for his work on that. where we disagree strongly is on the bill that has emerged from theep house mac, so-called tax reform bill. .. o see it. i can assure you, mr. president, that if you're a millionaire or billionaire, you're going to be really excited about the bill that's coming out of the house an supported by president trump. so i want to talk a little bit about tax reform because we need tax reform in america. we need to simplify our tax code. it's been gummed up over many, many years with special tax breaks that are there not because they make good sense for

senator chris van hollen. >> there was a report that came out last

important to note, too, nor van van hollen voted, they need a perfect storm to have any chance of winninghat state. but they think one is brewing at this point. arthel: how might the results of this race effect gop support from millennials and independent? >> that's an interesting question. it will be interesting to see how the party respond. if judge moore wins there is an open question as to whether senate leadership will accept him or expel him. it will be interesting to see how they and a half garrett that question. judge moore was never expected to be an ally of senate leadership. but we'll see how they reacted with all these republican senators questioned whether he will in the race at this point. eric: republicans in both houses are making a final push for their tax plans. coming up we'll take a look if the republicans can come together to finally pass tax reform. survivors of the deadly texas church shooting are praying together and pausing to remember those killed so savagely one week ago today. they are doing so at that church which has been reopened as a memorial to those who d

and chris van hollen will be joining us with the democratic perspective on the ongoing tax debate.clear crisis, and plenty more. and david matas, the treasury undersecretary will be joining us to discuss global growth to synchronicity and the donald trump agenda. u.s. markets close in two hours. let's get a check of where the markets are trading. abigail: we have a big rally. the dow, and s&p 500 and nasdaq are all h

now let's head over to the other side of the aisle and bring in democratic senator chris van hollen. your reaction, sir, to last night's vote? >> dana, it's great to be with you. >> dana: thank you. >> i see this as the return of the jedi after what happened last november. and i don't always agree with karl rove, but i agree with much of his analysis. is this was a big win, not just for democrats, but also for independents. it's not just because democrats won in new jersey where they were expected to win and won in virginia. it was the margin of victory in the virginia race and it was the scope of victory, right down the ballot from attorney general, lieutenant governor, but also the house of delegate races in virginia. many of which were still too close to call. and then big wins for democrats in the state of washington where we took back the state senate. wins down in georgia, up in new hampshire and many other place. even in my state of maryland. we had two mayoral elections in annapolis and frederick. democrats unseeded republican majors by large margins. big turnout. lot of enth

joining us now senator chris van hollen, chair of the campaign committee, congressman, roy moore haslatly denied ever having any improper relationship with teenagers, sean hannity asked him about some of the specifics on friday. here it is. >> do you remember dating girls that young at that time? >> not generally, no. >> but you don't specifically remember having a girlfriend in late teens even at that time? >> no, i don't remember that and i don't remember ever dating any girl without the permission of her mother. chris: senator, your reaction. >> well, chris, i think roy moore is unfit for office but this is going to be a decision obviously for the people of alabama and the good news for the people of alabama is they have a clear alternative in doug jones who grew up in alabama and became a prosecutor, he's focused on jobs, he's focused on increasing people's wages, he's focused on the things people in alabama care about and he's running a good campaign. so i'm not going to get into all the details because it's the people of alabama who are going to decide, but those who have, peop

van hollen? >> no. >> miss harris? >> no. >> mr. chairman?> aye. >> report the vote. >> kill the bill! kill the bill! >> the ayes are 12 and the nays are 11. >> the bill is reported out. >> kill the bill! kill the bill! kill the bill! kill the bill! >> that's how it went. you saw the headlines about that today. it sounded like a neat and tidy process. that was the neat and tidy process. it wish the republicans got their no debate, party line hearing today. what they are trying to do with this really enormous bill will hurt the american poor and hurt the american middle class quickly and significantly and for a long time. and it will throw 13 million americans off their health insurance. and so what they are trying to do is very, very unpopular and that's why they are trying to go fast. that's why they are trying to outrun the resistance to what they are doing. they are also likely to get another non-partisan report on the cost of their bill and who it hurts as soon as tomorrow night and so they have got to outrun that, too. their whole strate

van hollen: thank you, mr. president. i rise today to strongly oppose the legislation that's emerged from the house of representatives that pretends to provide tax relief to middle-class americans. but if you take a look at it and you look at the analyses that have already come out, what it really is is another big tax giveaway to millionaires, billionaires, and big multinational corporations. i believe we should do tax reform. we should take our tax code. we should clean up a lot of junk that's gotten into our tax code that's not there for good public policy reasons. it's there because someone had a high-powered lobbyist. we need to clean up our tax code. we need to reform our tax code, and we need to do it in a way that helps the middle class and doesn't add more big breaks to big corporations. unfortunately, this republican plan does the opposite of tax reform. what it does is doubles down on big tax breaks to big corporations and the super wealthy. let's just take a headline we saw today based on the analysis. "the ne

when i talked to the top democratic senator who runs the senate democratic campaign, chris van hollenays they are going to cut off al franken going forward. consider giving up his donations. it is hitting democrats very hard. it's uncertain where it ends. >> thank you very much. amanda carpenter and chris cillizza and former communications director for president obama, jen. jen, let me start with you. how bad is this for senator franken? >> pretty bad. it's not a surprise for any of us who worked on capitol hill that there are incidents of sexual harassment and worse that have happened. obviously, what happened with harvey weinstein and mark halperin opened the doors to that. there will be more with more members as we already know and staff. this is when you have members of your own party backing away from you and not ruling out expulsion, that's a tough place to be. >> amanda? >> i am curious about the whole prospect of senate ethics investigation. in my mind, what is there to investigate? you have the woman's story, who everyone appears to believe, for a good reason. you have a phot

return his donations and that chairman of the democratic senate campaign committee, wolf, chris van hollen told me earlier that they were going to look into whether or not they should return any money from al franken as raising money for their committee as well as any fundraising solicitations, whether they should stop that going forward. it's going to be part of a review that they are doing pretty significant because he's one of the most prolific fundraisers for the senate democrats at this point, wolf. >> there's no indication senator frank season about to make a public statement, go for the cameras and say what he wants to say. are you getting any indication at all he might do that within the next few hours? >> reporter: we are getting no indication of that. he has been honkered down in his office. there are scores of cameras and reporters waiting out at almost every corner of his office waiting for him to leave. it's a question of whether or not he snuck out in any way without addressing reporters. right now he has not been seen. and it's significant because there were several votes --

kevin brady and marilyn democrat chris van hollen to discuss tax reform. congratulations, chris. next up, playing the future of alabama's republican candidate for the u.s. senate as roy moore speaks out, continuing to deny claims of sexual misconduct that have grabbed national headlines. two boyfriends, three jobs... you're like nothing can replace brad. then liberty mutual calls... and you break into your happy dance. if you sign up for better car replacement™, we'll pay for a car that's a model year newer with 15,000 fewer miles than your old one. liberty stands with you™. liberty mutual insurance. i got this...n there? that's the new man, huh? yup. getting kinda' close to my ride. wow... now, that's how you make a first impression. they're going to love you... that's ford, america's best-selling brand. hurry in today for 0% financing for 72 months across the full line of ford cars, trucks and suvs! and just announced...get 0% apr for 72 months plus $1000 cash back! take advantage of these exclusive holiday offers during the ford year end sales event. ai had a lot on my mind. c

and chris van hollen will be joining us with the democratic perspective on the ongoing tax debate. the north korean nuclear crisis, and plenty more. and david matas, the treasury undersecretary will be joining us to discuss global growth to synchronicity and the donald trump agenda. u.s. markets close in two hours. let's get a check of where the markets are trading. abigail: we have a big rally. the dow, and s&p 500 and nasdaq are all higher. the dow had been up about 1.6%, on pace for its best day of the year, nonetheless up 1.2% now. 500 up a 10th of a percent, both indexes with record highs. yesterday,down 1.3% rebounding nicely today as investors are buying mthe dip on the confidence of the mentality that we have seen some much this year. take a look at the dow. something else happening. earlier, when it was up 1.6%, and it had been the best day of the year, at this point the second-best extending all the way back to february. after the election we had lots of big rally days, that was one of those days. a very strong day for the doubt and again of the five days in a row. and le

. >> thank you >> thank you senator van hollen >> thank you, mr. chairman, and to the ranking member. and congratulations, mr. powell, on your nomination you know, both your immediate predecessors at the fed, chairman yellen and chairman r bernanke repeatedly testified about their concern and the impact of the rising debt, national debt, on the economy. here's what chairman bernanke said in 2012 he said, large deficits and debt over a long period of time raise interest rates above levels where they normally would be and crowd out private investment and are bad for growth and productivity they also may involve borrowing from foreign lenders, which is also a drain on current u.s. income, unquote. do you agree with chairman bernanke's statement >> yes, i do >> here's what chairman yellen said this year on july 12th before the house committee on financial services, expressing her concerns about rising debt she said, "current spending and taxation decisions will lead to an unsustainable debt situation with rising interest rates and declining investment

host: one of the people on sundays shows talking about these efforts, chris van hollen on the fox news network yesterday. a competition with the host, chris wallace, about the republican plan. here's a bit of that exchange. got one last question and it has to do with this issue of corporations. the democratic line and i have heard from you and nancy pelosi and chuck schumer. this is a giveaway to the corporations. you have to agree that the u.s. corporate tax rate which is 85% which is no question -- which is 35% which is the highest in the world. what is 20 -- what is wrong with 20%? what is wrong with making us more competitive? won't it boost those corporations, boost jobs? effective u.s. corporate tax rate is much lower. some people put it around 20% because corporations take a lot of these reductions. we could do corporate tax reform but we should do it anyway a dozen boost the national debt by $1.5 trillion is to ask millions of middle-class taxpayers to pay for it. about one third of stockholders are foreigners. you are asking middle-class reliefrs to finance tax for people who

and so i'm very pleased to have senators casey, van hollen, udall, booker, wyden, menendez, harass -- harris and brown joining me in a something i would hope everybody would support. if you are confident that what is being done in this supply-side tax cut is going to end up with $4,000 in the pockets of middle-class families, let's make sure it's true. let's make sure that that happens. but if it doesn't happen, we're going to measure this in two years, if it doesn't happen in the next two years, then the tax cuts stop. why? because then all they're doing is blowing a hole in the budget. all they're doing is creating more deficits and not putting money in people's pockets. so i hope that everyone will join me. i agree, we have hardworking folks who have seen their wages flat for years. they've scene not only their wages -- they've seen not only their wages flat but their pensions attacked and they find themselves in a situation where they're working but their wages are down or maybe it's two jobs now instead of one in order to be able to keep the same wage. but they feel like they're

before i get to that, i'd like to mention that senator tester, senators tester, whitehouse, harris, van hollen, kaine, manchin, coons and feinstein are all announced supporters of this amendment and i wanted to offer my thanks and appreciation to them for their assistance. again, the amendment is very simple. recommit the bill, have the committee work it once more, and come back to the senate floor with a bill that does not bust the deficit. this is one of the most important votes any of us will take in this body. i think it may be the most important. this is a bill that will affect america and americans for a generation. if past history is any guide, this will be the major tax reform bill in the next 20 to 30 years. it will affect every business, every citizen, and our entire economy. the stakes, in other words, are incredibly high. and it's my s.ssumption that when the stakes are hikes -- the bar for the process would also be high. if you're doing something with such enormous ramifications, it is common sense that you would take a great deal of care to thoroughly understand the provisions of

kevin brady of texas and senators chris van hollen of maryland and pat toomey of pennsylvania, plus members of the budget committee. plus, white house legislative affairs director mark short that mar -- marc short. >> cap can you guarantee house members from blue states for the senate plan, the total illumination will not be in the final bill? >> i had convinced this is where we are going to end up. it is important. make sure people keep more of what they earn, even in these high tax states. our lawmakers for from new york in california and new jersey and make sure we deliver this relief. i'm committed to it. >> are you saying house will not accept a total illumination? that is what i'm saying. families,lity is many many middle-class families will end up paying more. especially when ta

kevin brady of texas and senators chris van hollen of

van hollen: thank you, mr. president. i see my friend and colleague from pennsylvania on the floor and we've worked together on a number of things over the years, including now working together to impose and really enforce sanctions against north korea, putting together a bill modeled after the iran sanctions bill so that we're serious about working to get china and others to bring to the table. i want to thank my colleague for his work on that. where we disagree strongly is on the bill that's emerged from the house of representatives, the so-called tax reform bill. the senator from pennsylvania said people should be excited to see it. i can assure you, mr. president, that if you're a millionaire or billionaire, you're going to be really excited about the bill that's coming out of the house an supported by president trump. so i want to talk a little bit about tax reform because we need tax reform in america. we need to simplify our tax code. it's been gummed up over many, many years with special tax breaks that are there

i'm offering this motion to commit with the support of senators casey, van hollen, udall, cardin, booker, wyden, menendez, harris, and brown. i said it before and i'll say it again -- there's no question we need tax reform that creates jobs, incentivizes companies to bring back jobs from overseas to protect our farmers, and to help semiautomatics put more money in the pocket of families across michigan and across the nation u that's what i would vote for and i know other colleagues would vote for but that's not what this bill does. that's into the this republican bill does. we in that our friends o. -- we know that our friends across the aisle are in a hurry to pass this legislation as quick lace possible. before the american people discover what a bad deal it is. unfortunately, for republicans we keep uncovering new ways that this tax legislation is a huge giveaway for the wealthiest 1% and now we know from the latest scoring it blows a huge hole in our nation's debt, expand you are our nation's debt. here are just a few ways that this legislation hurts middle-class families. it keeps a