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To the Point

The winners and losers of the GOP tax reform bill

To the Point

KCRW

News

4.4583 Ratings

🗓️ 3 November 2017

⏱️ 51 minutes

🧾️ Download transcript

Summary

After failing to repeal and replace the Affordable Care Act, President Trump and Republicans in both Houses of Congress want reform of another kind -- before Christmas. Will they be able to pass their tax cuts that soon? What's at stake for next year's elections?

Transcript

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0:00.0

From KCRW in Santa Monica and PRI, Public Radio International, this is To the Point.

0:07.9

After years of promises, Republicans fill in the blanks.

0:14.5

Hello again, I'm Aron Alney, and this is To the Point.

0:17.5

The new House tax reform bill is supposed to save money for typical Americans.

0:21.8

Here's Speaker Paul Ryan with the magic number.

0:24.3

$1,182 a year on their taxes. That might sound like a lot to you or it might sound like a little.

0:31.1

In either case, the battle between special interests is already underway. The stakes are high

0:35.7

for the rich, the very rich, the middle class, and the poor,

0:39.1

for red states and blue states for businesses big and small.

0:43.6

And that $1,182 typical saving, that will be subject to change.

0:49.9

We'll hear much more today.

0:51.0

On our talking point later, after Weinstein, a real awakening?

0:56.1

First, here's the news.

1:01.6

Check out KCRW's all-news channel, News 24.

1:05.9

Programming from KCRW, NPRW, NPR, the BBC, and more.

1:10.0

24 hours a day. Check out KCRW. NPR, the BBC, and more, 24 hours a day.

1:11.5

Check out KCRW.com slash News24 or listen on KCRW's app.

1:22.9

Support for To The Point comes from the members of KCRW and from the Public Radio International Program Fund.

1:29.8

Hello again, Mormon. I'll be back with To The Poet. After failing to repeal and replace the Affordable Care Act, President Trump and Republicans in both houses of Congress want reform of another kind before Christmas.

1:40.8

Will they be able to pass their massive tax cut program that soon? What's at stake for next year's elections? Today's talking point? It's been a month since stories of sexual harassment, including rape and assault, by Hollywood mogul Harvey Weinstein began to pour forth, unleashing a deluge of such reports from Hollywood to Sacramento to Washington, D.C.

2:01.9

Will the movies or politics or the news industry see a real change or go back to business as

2:07.6

usual? First, this news update at Fort Bragg, North Carolina today. A shocked courtroom heard a

...

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