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The Daily

Monday, Dec. 4, 2017

The Daily

The New York Times

Daily News, News

4.4102.8K Ratings

🗓️ 4 December 2017

⏱️ 22 minutes

🧾️ Download transcript

Summary

With less than a month from proposal to passage, the Republicans rushed their tax plan through the Senate with a flurry of last-minute side deals and a 2 a.m. vote. What else made it into the bill, besides tax cuts, and how could the measure reshape American society? Guests: Jim Tankersley, who has been covering the tax bill for The New York Times; Peter S. Goodman, an economics correspondent for The Times. For more information on today’s episode, visit nytimes.com/thedaily.

Transcript

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0:00.0

From the New York Times, I'm Michael Barbar. This is The Daily.

0:09.0

Today, a month from proposal to passage, a flurry of last-minute side deals, and a 2am vote,

0:19.0

why the Republicans rushed their tax plan through the Senate, and how it will reshape American society far beyond taxes.

0:32.0

It's Monday, December 4.

0:38.0

Hey, happy holidays, everybody. It's the night we're going to be voting on the tax bill.

0:43.0

I just got the tax bill 25 minutes ago.

0:46.0

This video is Senator John Tester of Montana, very dramatically reacting to getting the tax bill right before they voted on it.

0:55.0

Jim Tancersley has been tracking the tax bill for the times.

0:59.0

I want you to take a look at this. Folks, this is your government work.

1:02.0

And then he, in particular, draws you the viewer's attention to these changes that Republicans have made to secure support of wavering members onto the bill.

1:13.0

Here's the modifications of the rent.

1:16.0

Some of those changes they made literally in the margins of the tax of the proposed legislation, which they sent to Democrats, and then the Democrats saw them handwritten in the margins and freaked out.

1:27.0

This is unbelievable. This is going to affect everybody in this country.

1:31.0

It's not the first time in the history of Congress that a bill had handwritten changes right before it passed.

1:36.0

However, what he's reacting to here is a very visual image of this process, frustration, Democrats have had from something that's distorted with the first bill being introduced in the Senate, midway through November, and then here they were voting past midnight on Saturday on something that just really hadn't seen.

1:55.0

And we've been given this 25 minutes ago.

1:58.0

We're supposed to vote on it a couple of hours.

2:02.0

And that's how we ended up with the angry videos, and not just Senator Tester, but that a bunch of Democrats made it in angry speeches that they did on the Senate floor.

2:09.0

Is this really how Republicans are going to rewrite the tax code, scrolled like something on the back of a napkin?

2:17.0

This is not how America should be making laws and shame on the Republicans.

2:23.0

How would you characterize the final hours of negotiations leading up to this vote on the Republican tax plan this weekend?

2:30.0

Let's go back to Thursday night.

...

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