Capping Deductions News Today

Many levels as you point out. Thank you very much. It was a special day for the players that made that trip today to the white house and it was fun to see them there. We had an opportunity to watch some of that. Have a great night. We will see you back here tomorrow night for the first 100 days. Im dana perino, thanks for watching us tonight. Before we get to the other big stories of the day, we want to address the situation many of you may already be aware of. Del oreilly, who hosted this progr...

The democrats feel any pressure at all to try and meet him halfway. even a president trump or to try to reach out, weatherby democrats were willing to work with him? >> mark: there might or might not be, but just taking a position consistently and earnestly. i work with president clinton and newt gingrich and clinton attacked each other all day, but in the evening they negotiated. thats what the country is looking for. its unmistakable in the polls that while there maintaining artisan splits in ...

Tax camp. 15% from carson depending on which day you ask him. then you go to the corporate tax rate and fairly conventional cuts for the rate with most of these guys and then you come to cruz. cruz wants to eliminate the corporate tax rate and replace it with a national sales tax. 16%. it will be paid not by business but consumers on everything they buy. its an aggressive tax because everybodys paying the same percentage on it. it is part of why his plan doesnt cost so much. then when it comes t...

Taxpayer . we want to tank the tepid housing recovery. >> president obama proposed a way of making those decisions by capping deductions at 28 percent. >> it is mortgage interest and 28 cents back. at the moment it is based on a marginal tax rate and they would get 40 cents back. >> you get to decide where it goes. >> it violates the presidents long standing pledge on families making less than $250,000 a year . families making more than $223,000 a year . republicans want tax reforms to reduce th...

Defend people having loopholes on their yachts and their private jets and their homes if they make over a million dollars. i think that has to be on the table. joan? >> and, ezera, im sure we agree that capping deductions and doing things like that are less desirable, but getting rid of carried interest and oil and gas subsidies, there are lots of other tax expenditures and lots of other subsidies and lots of other tax reform that i think wouldnt affect charitable reduction. so i think we could ...

Boehner to sell compromise to republicans by saying the only way to go forward is for the speaker to cave. >> im confident republicans would not hold middle class taxes hostage to try to protect the tax cuts for high-income individuals. >> white house officials today incested the president was merely reiterating a long-held position and said the hold up is the republicans failing to get specific about taxes. >> closing loopholeles they will not name, capping deductions that they will not specify...

How been maing up, mr. president and use your mandate to bring this country together to stop us from becoming greece? doing what boehner, tip oneill and ronald reagan did? this political trophy you want rising rates runs the government for left len days when. it cops to debt ceiling time, mr. president, you will have a republican party make sure we save medicare and social security from bumps and save this country from becoming greece. one of his proposals we should never have any congressional ...

Republican senator lindsey graham, good to have you in studio. >> great to be here. martha: got out of the craziness of washington for couple days. >> my export expires. martha: youll need one. talk negotiating tactics. does it make sense at this point in the game, what does it do to undercut john boehners leverage when folks go out there and say were willing to go book to 39.6%, as bob corker said over the weekend? is it helpful? >> i think it is hopeful for the republicans on the revenue side ...

The biggest challenge is how you strike a deal this year that has some things left undone for next year. and theres all sorts of people thinking about different kinds of triggers, different kind of things that say, well, if congress doesnt do x, then y kicks in, but theres no agreement on what those need to be. theres going to be more revenue, but things like entitlement reform, tax reform, those things are still very unsettled. >> so senator tom coburn yesterday on "morning joe" became the late...

Its time to sit down in a room, see if we can work this out. going off the cliff would be a stupid idea. >> i want you -- david brooks this morning writes this in "the new york times." republicans have to realize that they are going to cave on tax rates. the only question is what they get in return. do you agree? >> not necessarily at all, because i believe if you raise the base upon which the tax rate is applied, you can raise revenue and keep the rates where they are. >> explain that. let me s...