democrats are insisting that revenue measures, what i call tax increases, constitute a major part of any deal. gop keeps calling for spending cuts. who is right? the state of ohio may provide a useful case study. days after governor kasich signed a new budget into law san diego and poors revise the rating standard & poor s revise the debt to . eliminating state tax and preserving 800 million dollar cut in personal income tax that went into effect in january that budget was voted into law on a party line vote. will the same be true on the federal level? joining me steve mcmahon. and former maryland governor bob ehrlich. guys welcome back. do you think steve, any candidate running for office today, could win saying they want to raise taxes and
on pretty candid about it. there is no question at this point that they are making their arresting utilities for political gain. i see you shaking your head. here s the thing. the bill happens in a bigger fiscal context, right? so sanjay gupta has earlier on talked about the doc fix. this is a separate issue not in the bill but it is a big issue that shape how much we ll spend over health care over time. similarly, we ve put a lot of revenue measures further down the line and later in this bill that may or may not happen. that will happen after the president leaves office. that s the tricky question. a lot of the pain in this is coming later. the spinach is coming later. the good stuff, that s coming sooner. whether or not this bill is really going to reduce the deficit is an open question. i want paul to be able to respond but i want to bring in sanjay to talk about fraud in this. we ll take a quick break. we ll talk about vice president bide general the f bomb heard around the
it. and a majority of democrats. and, on the bush tax cuts, i believe the number is 12 democrats, supported it. and, those were revenue measures, tax reduction or in creases are one of the things reconciliation is designed for and the american people according tie poll oppose the use of reconciliation by a vote of 52-39. i believe it is. and, the reason is because they appreciate that the comprehensive nature of it, bob spoke to, is precisely what makes it not applicable here. it s not just a matter of adj t adjusting a number here or there. you have a 2500 page bill, that in the first ten years of full implementation, is $2.5 trillion. it affects virtually everything having to do with health care, in the country. that is a process that needs more than 20 hours of debate, and an opportunity to provide amendments that you can actually debate. chris: senator kyl rather than throw out. chris: i m not quite sure i understand. if reconciliation was a proper
it. and a majority of democrats. and, on the bush tax cuts, i believe the number is 12 democrats, supported it. and, those were revenue measures, tax reduction or in creases are one of the things reconciliation is designed for and the american people according tie poll oppose the use of reconciliation by a vote of 52-39. i believe it is. and, the reason is because they appreciate that the comprehensive nature of it, bob spoke to, is precisely what makes it not applicable here. it s not just a matter of adj t adjusting a number here or there. you have a 2500 page bill, that in the first ten years of full implementation, is $2.5 trillion. it affects virtually everything having to do with health care, in the country. that is a process that needs more than 20 hours of debate, and an opportunity to provide amendments that you can actually debate. chris: senator kyl rather than throw out. chris: i m not quite sure i understand. if reconciliation was a proper
backing their plan bringing their number to seven that plan slashes the deficit by 3.7 trillion over the next 10 years. albeit there is no details. it contains 1.2 trillion with what the democrats like to call revenue measures, tax hikes. here s what the president had to say about that. the president: the good news is that today, a group of senators, the gang of six, democrats and republicans, i guess now gang of seven, because one additional republican senator added on, put forward a proposal is o that is broadly consistent with the with the approach i ve urged. for republican senators to acknowledge that revenues will have to be part of a balanced package that makes sure that nobody is disproportionately hurt from us making progress, i think is a very significant step. sean: joining me for an interview is one of the men at the center of the negotiations,