Page 13 - Snap Back News Today

Prosperity and healthy economy. >> ultimately you think it will be deficit neutral, if not reducing the deficit? >> some of the numbers ive seen -- heaven forbid, even the cbo, theyre suggesting we already paid for two-thirds of the corporate tax cut. i think by the end of fiscal year 19, the corporate tax cut will be paid for. by 2020 it will be more than paid for. of course, we inherited a tough deficit situation. any time you have slow growth -- the prior administration had a very slow growth...

>> some of the numbers ive seen -- heaven forbid, even the cbo, theyre suggesting we already paid for two-thirds of the corporate tax cut. i think by the end of fiscal year 19, the corporate tax cut will be paid for. by 2020 it will be more than paid for. of course, we inherited a tough deficit situation. any time you have slow growth -- the prior administration had a very slow growth period. that really damages the budget deficit. >> they were coming off the great recession of 2008. >> by the w...

Banquet, theyre eating words theyve said for 40 years. take protectionism which is the most obvious case. government doesnt get any bigger or bossier than when it is telling the american people what they can buy and at what quantities and at what prices. this is comprehensive, crony capitalism and industrial policy suddenly republicans are in favor of it. now suppose mr. trump at the end of this term declares victory, says the swamp has been drained, im going home? what do they do? snap back, ne...

It is something that we absolutely will do, because canadians, were polite, reasonable but also will not be pushed around. >> really kind of stabbed us in the back. he really actually you know what? he did a great disservice to the whole g7. >> a special place in hell for any foreign leader that engages in bad faith diplomacy with president donald j. trump and then tries to stab him in the back on the way out the door. >> steve clemons, have you ever heard anything like that? >> im reminded that...

First target is israel. they vowed the destruction of the state of israel, they have vowed the death of the jewish people and this is an existential threat to our great ally and our great democracy in the middle of the middle east. you know what will be interesting to see here in the weeks ahead is one of the reasons that the previous administration was so enthusiastic about this, they said if the iranians failed to live up to the agreement or if they withdraw from the agreement well have an imm...

Of 90 days for some sanctions to snap back on and 180 days for the oil sanctions to snap back on. the present just a short time ago said the sanctions will have maximum impact. listen here. >> trump: we will be instituting the highest level of economic sanctions. any nation that helps iran in its quest for nuclear weapons could also be strongly sanctioned by the united states. >> shepard: of course, there was a lot of opposition to the president pulling out of the jcpoa. our european allies trie...

Global stocks falling after a down day on wall street. the dow down 1.5%. the s&p down 1.1%. the worst month in two years. february is a wild one on wall street. inflation fears sparked market selloff. including two 1,000 point plunges on the dow in a week. followed by the best week in five years. a snap back. inflation worries. look for any kind of inflation and interest rate guessing to move stocks. spotify is going public, but the ipo is not like others. spot ifify will sell directly t inve...

And local deductions, the tuition deduction, the deduction for teachers to write off their school suppliesupplies. >> that almost seems me mean-spirit mean-spirited. this does not simplify the tax code. this is one of the reasons why you need to slow down and consider how does this affect people in the real world. there are people who are arranged their lives to go along with the status quo. >> and its going to trigger a snap back in a couple of years. i think nicole wallace put a phone call in ...

Possible way they can. im extremely dubious. i think its just an justification to let those that say they dont believe in the bill vote for it because of the snap back. >> you have just come back from another part of world. the problems in myanmar, whats your take on the situation there and what america can do to help? >> let five members of congress have gone to the country, to the rakhine state. you have people in camps the rohingya. you have in the northern part of the state seven out of eigh...

>> senator i just heard senator ron wyden coming out of the senate budget committee meeting and he was talking about the snap back trigger provision that a few republicans are trying to get into the tax bill to sort of say that if the economy doesnt grow way everybody is promising and if it ends up increasing the deficit because it looks like to us that it is going to increase the deficit, but republicans tell me its not true because the economy is going to explode its going to be fantastic. wha...