Score Keepers News Today

sunday. live picture from the kennedy space center in florida where in just 90 minutes from now four passengers will lift off on a private mission to the international space station. the crew on board the axiom 2 mission includes the first woman to command a private space flight and the first saudi arabian woman to travel to space. much more on this historic mission later on this hour. first, we continue to cover the fast-changing developments in the high stakes talks to avoid a loomin...

Drastic cuts on the domestic side of things and the white house wants to stick to current levels, which is essentially a spending freeze. but it is a spending cut and thats how score keepers view it. were talking tens of billions apart here, a very large gap. the other big obstacle is the timeline. the treasury secretary repeated today that june 1st is the deadline that the united states is going to run out of cash by then and congress just doesnt have a lot of time to find a solution here. >> m...

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Now the legislation heads to the senate where things could really get complicated. congressional correspondent chad per yam on capitol hill tells us where things stand. >> shannon, passing the democrats tax and spend plan is only the first act in a four-act drama. >> democrats cheered, house speaker nancy pelosi rammed through yet another controversial bill by a narrow margin. moderate gerald golden of maine was the only democratic nay. democrats still contend they pay for the bill. congressiona...

About the big tax cuts given to the american people by the republicans. got not one democrat vote. heres a choice. they want to end them and raise your taxes substantially. republicans are working on making them permanent and more cuts. scott hodge is president of tax foundation, welcome back, scott. good to see you. first, lets take the -- lets fact check the minority leader on those two figures. 86 million middle class families, will they pay more and 83% of the benefits to the wealthy? >> no....

Chuck shumer, senator from new york and minority leader, said the treasury is using fake math and that basically it is going to blow up the deficit and generate almost no economic activity to make up for it. i dont know if thats just a partisan argument, but where do you stand on the treasury analysis? >> certainly not the case that theres going to be no additional economic activity coming from this tax bill. all the nonpartisan analysts agree this tax bill will boost growth. youre going to see ...

Influx of workers coming into this country. >> gene? >> first of all, the one thing donald trump has done right is follow barack obama. because he inherited a strong economy. >> what about the immigration point though, gene? do you give that to the senator? >> i give him absolutely nothing. wages were already going up. the idea -- you no he what would lep wi help with wages is if you had more people undocumented right now feeling they had a path to citizenship and come out of the shadows. that w...

Plan that just passed the committee in the senate. its senator brown, correct? >> its two things that are bad for the middle class. it repeals the individual mandate and the official score keepers in congress, it gets a little complicated and scored that as a tax increase on the lowest income americans in the country. the reason for that is if you take away the requirement that people have health insurance, they wont be getting it. they will see a tax increase. republicans argue thats a major pr...

Economics. this is about emotions for the american people. and this affects everybody differently, which is why people are left in limbo wondering what happens next with all this? so weve got the final vote in the house tomorrow. as far as the votes they sound very optimistic. is it going to take the president to push this over the finish line? >> i think the president has the biggest microphone in the country and the message that the white house can push out is independent score keepers and sor...

$3,200. cbo is filled with lots of well-meaning people and theyre good with certain kinds of analysis. but analyzing long-term highly complex social diagrams, theyve almost never been right. remember when they scored in the 1960s, scored what medicaid would cost in the next decade they were off by almost 1100%. regally score keepers underestimate cost and over estimate coverage. but if not, we should unbundle them, republicans gave their word they were going to repeal. we should do it. we should...