Page 2 - Deficit Neutral News Today

Not hostage to the scoring from the congressional budget office entirely, they are not hostage to the joint tax committee, these institutions created by democrats years ago that tend to make it harder to reform taxes. >> thats right, yes, basically thats a conservative number on how much revenue we could expect to float at the treasury for growth. paul: why? >> for every .1% you add to gdp, 270 billion in revenue. cbo is not a progrowth institution, those are conservative estimates and cbo assum...

Beginning of the tax process. so pass the budget in the next couple weeks, move to tax reform because of the budget and other topics will continue at the same time separately. maria: so what is your feeling terms of deficit neutral, revenue neutral when you look at tax reform for the overall budget. when does the deficit and debt of $20 trillion become sort of a near-term crisis situation. >> the deficit is driving why we are doing what we are doing right now. a lot of us, myself included have c...

Actress wife to sit on the roof of whatever, you know, treasury building hes flying on. he is surrounded by people, who he hired by the way, flying around in corporate jets. >> best people. >> flying around in corporate jets and could take commercial, using the government jobs to live fabulous lifestyles of the rich and famous. they dont have to sell this in poughkeepsie. they dont have to convince the trump voter this is okay. he has to do that. donald trump understands the republicans say and ...

Jets and could take commercial, using the government jobs to live fabulous lifestyles of the rich and famous. they dont have to sell this in poughkeepsie. they dont have to convince the trump voter this is okay. he has to do that. donald trump understands the republicans say and we know are lies, deficit neutral, a lie. not going to lower taxes on the super rich. a lie. all of these lies, trump has to sell them and since hes a salesman and one thing hes kind of good at, he knows he cant sell tha...

Deeply. they used to say, no, it is not going to increase the deficit. today mnuchin said not only to pay for the tax cut, a couple of trillion dollars in tax cut, but we are going to end up with a revenue positive outcome. raising another trillion dollars and almost as if theyre saying, hmm, you know, we told them that its not going to cut taxes on the rich and, nlg, that isnt really working. we told them its deficit neutral. lets see what else we have in our back pocket here. and so, theyre ju...

Deeply. they used to say, no, it is not going to increase the deficit. today mnuchin said not only to pay for the tax cut, a couple of trillion dollars in tax cut, but we are going to end up with a revenue positive outcome. raising another trillion dollars and almost as if theyre saying, hmm, you know, we told them that its not going to cut taxes on the rich and, nlg, that isnt really working. we told them its deficit neutral. lets see what else we have in our back pocket here. and so, theyre ju...

Many months. >> merck short, when you ask him about the plan, he did not say it was going to be deficit neutral. he really deflected on that and i think that may be where this is headed. the republicans say we need growth and we will deal with deficits later. >> bret: long gone are the debt clocks behind anybody talking on the campaign trail. >> one of the things i think will be a test here is president trump continues to say its going to help middle-class people, not rich people. i think there ...

>> merck short, when you ask him about the plan, he did not say it was going to be deficit neutral. he really deflected on that and i think that may be where this is headed. the republicans say we need growth and we will deal with deficits later. >> bret: long gone are the debt clocks behind anybody talking on the campaign trail. >> one of the things i think will be a test here is president trump continues to say its going to help middle-class people, not rich people. i think there will be a big...

Competitive and making business competitive is about making jobs. >> a good idea but very quickly after those comments, did not seem like there was a lot of bipartisanship, which the secretary wants. senator chuck schumer of new york saying to democrats, tax reform is clear. we believe strongly not one penny got to the top 1% and any tax reform must be deficit neutral. when republicans with figure out what they want to do, well see if we agree that is another issue that its been a moving target....

We promised both things. we told we would repeal obamacare and reform and replace our tax code and lowter tax burden on families and lowter corporate rate. we have theest highest in the world. we shouldnt be in a revenue neutral way. thats a way of saying tax burden is the same. >> neil: some of your moderates, as im sure youre aware, are very revenue neutral mind set. some have said dont make the tax cuts across the board and certainly not for the wealthy. what do you think? >> all im saying, r...