Second Decifit Commission News Today

Simplifying the tax code, what has he indicated he might favor? >> you just ran a sound bite from the president on npr radio. he said we need a fundamentally different approach. the president has also said we got to have tax reform, direct quote. maybe the president is going to leapfrog over the current tax debate and look towards making looking at the decifit commissions reduction of tax rates and the elimination of some tax deductions, tax deductions for both corporation and for individuals. m...

Were going to talk to two house democrats, one who supports the deal, one who does not. that should be intriguing, in about ten minutes martha. martha: were getting numbers on this bill as well, and its got a huge price tag. the senate unveiled the final details of this broad tax bill, cbo also weighing in on these numbers now. basically the ten-year price tag for this tax plan is $858 billion, which if you calculate is actually more than the stimulus plan that republicans complained so much abo...