Page 4 - Deficit Neutral News Today

In december explaining why you cant do that. >> for you to be able to use reconciliation to notave a filibuster, it has to be deficit neutral. we have to have deficit neutral tax reform. 20% we know is deficit neutral. 20% gets us there. 15% isnt deficit neutral. >> and so, david, all that translates to is if you cut the corporate rate that low, youre going to lose tax revenue to such a degree that procedurally you wont be allowed to use the 50 vote strategy in the senate. >> thats right. and ta...

Obamacare, they are missing a big chunk of change they would need to use for tax reform. thats a problem for them. if it is supposed to be deficit neutral, budget neutral, then they have to find the money somewhere and they dont have the money. so what they would be left doing on tax reform would be a small kind of tax reform as opposed to the broader kind of tax reform that they also promised. one thing does depend on another. so any are looking back at this and saying, first things first. >> e...

Made some edits to the bill. it was partly aimed at making sure this cbo score didnt come out and have that be something that essentially killed this legislation before it even had a chance to get off the ground. so, they do think its likely to be better than it would have been initially. but that long-term cost point that you make, its not necessarily just about conservatives balking about spending money. its also about how they have to pass this bill through congress because they have to use t...

Year just in payroll and direct benefits to our employees. >> reporter: because 600,000 work in wind and solar, most expect trump wont cut the tax credit. his infrastructure plan also modernizes the power grid while support for the north dakota access and keystone pipelines would move oil more cheaply. >> looking at the presidents trillion dollars over ten years from a floor perspective, we think thats, you know, a wonderful thing. >> reporter: business and labor support his infrastructure plan....

Year just in payroll and direct benefits to our employees. >> reporter: because 600,000 work in wind and solar, most expect trump wont cut the tax credit. his infrastructure plan also modernizes the power grid while support for the north dakota access and keystone pipelines would move oil more>> looking a trillion dollars over ten years from a floor perspective, we think thats, you know, a wonderful thing. >> reporter: business and labor support his infrastructure plan. the challenge is building...

>> we contribute $50 million a year just in payroll and direct benefits to our employees. >> reporter: because 600,000 work in wind and solar, most expect trump wont cut the tax credit. his infrastructure plan also modernizes the power grid while support for the north dakota access and keystone pipelines would move oil more cheaply. >> looking at the presidents trillion dollars over ten years from a floor perspective, we think thats, you know, a wonderful thing. >> reporter: business and labor s...

Year just in payroll and direct benefits to our employees. >> reporter: because 600,000 work in wind and solar, most expect trump wont cut the tax credit. his infrastructure plan also modernizes the power grid while support for the north dakota access and keystone pipelines would move oil more cheaply. >> looking at the presidents trillion dollars over ten years from a floor perspective, we think thats, you know, a wonderful thing. >> reporter: business and labor support his infrastructure plan....

Here. there is run away costs with this new entitlement program. we dont have the money. its not being funded by obamacare. whos going to pay? when the bill finally comes in, how big will that be? we dont know. >> just wait for those subsidies to come in for all those people that lost their health care plan. president obama is going to come through with subsidies. more money we dont have on a program we cant afford when we were told its going to be deficit neutral. >> those people who have to pa...

Thats theyre job? >> their theyre employed by uncle sam and theyre there to help you seek, find, and purchase health insurance in these statewide exchanges, many of which wont be ready october 1st. >> so, 25, $30 an hour, four hours a week, 50 weeks a year, 50 states, were racking up tens of billions of dollars. was that accounted for in the original planning for obamacare. >> the original score came out as deficit neutral. but this new recall adds to a stake of paper, 20,000 pages tall. so this...

>> lower tax rates 20%. start with the wealthy. work with congress to do it. >> chris: ryan is saying we dont want to get themed in lets leave it with negotiations with congress to get into the details. why is it all right to tell voters about the candy, hey, everybody is going to get a 20% cut on their tax rates but lets not tell them about the spinach which is you are going to lose some deductions. >> we have talked about losing deductions. >> chris: but havent been specific. >> because in a c...