Trump Effect – Republican Senator Orrin Hatch delivered emotional remarks earlier today while celebrating the historic passage of the American Tax Cuts.

Must Watch:

(more…)

Congressional senators and House members from the republican party are traveling to the White House for a 3:00pm presidential speech following passage of their historic Tax Reform bill.   The celebratory remarks from the president are anticipated at 3:00pm EST
UPDATE: Video Added

(more…)

The Senate is voting on the final Tax Reform Bill tonight. According to Democrats as soon as the votes are cast people will begin to die (we await confirmation). Unfortunately due to a Parliamentary Rule the Senate Bill will then need to be voted upon by the House tomorrow.  UPDATE: Bill Passes 51-48

(more…)

The House and Senate are scheduled to vote today on the final draft of the reconciled House and Senate Tax Reform Bill. According to Paul Ryan and House Leadership the House of Representatives will call up the vote around 1:30pm EST this afternoon.
According to Senate Leader Mitch McConnell earlier today, the Senate will call up the vote later tonight. That could be very late tonight; the Senate is notorious for votes after midnight. Successful passage by the House and Senate would set up the possibility of President Trump signing the bill as early as tomorrow (Wednesday).
Livestream of House Vote below.  [Each representative has three minutes for final debate and argument presentation]  UPDATE: 2:30pm EST – House Bill Passes 227-203

Now the senate’s turn.

(more…)

Treasury Secretary Steven Mnuchin departed Camp David last night and appears on Fox, CNN and CBS Sunday talk shows to discuss the pending historic vote on Tax Reform.
Fox News Sunday:

.
CBS Face the Nation:
(more…)

President Donald Trump is delivering a speech on the ongoing tax reform proposal currently being worked through House and Senate committee. The anticipated start time is 3:00pm EST
UPDATE: Video Added

(more…)

If there is anyone who didn’t quite understand the quote: “there are trillions of dollars at stake”, in the context of the 2016 election, well, a letter today from the biggest EU economic nations will provide greater context.
Additionally, as you absorb the position behind their claims, never forget how much foreign governments spend in lobbying the U.S. congress for legislation adverse to the interests of U.S. workers.
Britain, France, Germany, Italy and Spain are claiming the U.S. congress has no right to reform the U.S. tax code because the reforms undercut their ability to hold an advantage over the U.S. in multinational trade deals.
This quote is particularly enlightening:

[…]  The letter argues that proposed changes to the U.S. tax code could give American companies an advantage over foreign rivals.

The Globalist Position: ‘All your tax code are belong to us.’  Yes Alice, the election of President Trump, and the specific economic and trade policies within his platform, are an existential threat to decades long multinational schemes.

CNN MONEY – Germany, France, Britain, Spain and Italy have written to Treasury Sec. Steven Mnuchin, arguing that tax bills passed by the House and Senate run afoul of treaties and could distort international trade.

“It is important that the U.S. government’s rights over domestic tax policy be exercised in a way that adheres with international obligations to which it has signed-up,” the letter states. It was signed by the countries’ finance ministers.

(more…)

There’s a lot of people who don’t have a comprehensive understanding of what it takes to battle the multinationals in economic warfare.  Those same people don’t like Gary Cohn.
CTH recognizes the inherent value in Mr. Cohn as director of President Trump’s national economic council.  The guy knows the economic schemes better than almost all of the globalist adversaries.  Like Wilbur Ross, the former executive of U.S. Steel, Gary Cohn is one of the well dressed “killers”; an apex financial predator who’s eyes will contract while he shakes your hand just before he rips your throat out during negotiations.  Departing he’ll wink at your carcass, and still make your team pay for the clean up.
In this interview segment Director Gary Cohn discusses the Republicans’ tax reform plan, infrastructure initiatives and laughs out loud at President Barack Obama taking credit for the economy.  Director Cohn is a bad, bad man; perhaps the best of the bad men.

(more…)

Earlier today President Trump hosted American families for a discussion about taxes, small business growth and challenges.

[Transcript] – 2:12 P.M. EST – THE PRESIDENT: Well, thank you very much. We have four great families — middle class. I guess at a certain point, you’re going to be making so much money you don’t really — not going to know what to do with it, perhaps — I hope — Brian.
But we have four terrific families. Some of them have had difficulty. Taxes are too high. Frankly, their healthcare is terrible. The healthcare plan is terrible — Obamacare. And that will be next. We’re a long way toward getting rid of that and getting something very good and very much more affordable — very big problem.
(more…)

Looking at the upcoming week on the tax reform legislation, Maria Bartiromo interviews Senator David Perdue. Mrs. Bartiromo cuts through the generally irrelevant talking points and gets directly to the heart of the important issues.
Senator Perdue expresses confidence the committee will be able to move quickly to reconcile differences between the House and Senate bill, and optimistically says the bill could reach the president’s desk in 10 days.

(more…)