Regulations, and immigration reform. I am pleased to have speaker ryan back at this table. Frome at historic moment one president to another. Give me your assessment of how barack Obama Holding his press conference. Speaker ryan my assessment of the Obama Presidency . Conservative standpoint, i like the man i kknow. He would be a great nextdoor neighbor. I just dont like and as president. [laughter] charlie he would make a good neighbor. Speaker ryan yeah, he is the guy that would shovel your walk on a spring break with a snowstorm. He is a good family man. I think that is important. Massivea presidency of mispotential. He came in with a track record of being an ideologue, very left progressive, so it looks like that is what he could become. 2008 campaign as a total moderate. There was a lot of promise that he would be a moderate president , with his incredible gifts. No one can communicate like him. He had an opportunity to be more of a unifying president , if he were to become a centrist, but he stayed hard left. His view of government and the constitution is not one in keeping with our limited constitutional republic. I think the policies he put in place to want work. In place did not work. Like the mbeing, i an. I dont like him as a bears fan. [laughter] that is my primary assessment. Thatie is there something identifies him as too far to the left . Something about obamacare that identifies him as too far to the left . Speaker ryan that is part of it. He got sectors of the economy more involved than they should have been. I think dodd frank was an example. He is a diehard progressive, a legitimate progressive, which believes the constitution goes trom National Rights to wri large bureaucracies that can micromanage and harmonized society for good intentions. It doesnt work. Beliefs to corrupt government it leads to corrupt government and disrespects civil society. Dodd frank . Ank speaker ryan i am talking about obamas philosophy. That is apparent in his health care, in dodd frank. Charlie according to a new poll, cnn speaker ryan oh, of course he is popular. Charlie 60 . Speaker ryan he is a likable, articulate person. Our economy isnt terrible. It has a lot of mispotential. Charlie a glove that are then other countries in the world. [laughter] speaker ryan i say that we are the healthiest course in the glue hose in the glue factory. John boehner said you will have the same problem he had as a speaker, with the same problem you have the same caucus you have. Speaker ryan he did say that to me. [laughter] ou caucusr is more unified than ever before. I only lost one vote for speaker. That is pretty darn rare. Its two things, as i see it, i spent all of 2016 getting our members to agree an agenda, to run on and implement it in 2017. To6 was a unifying moment come up with our principles and apply them, with an ideas and an agenda. That in itself is unifying. Now that we have this opportunity with unified government to put in place is extremely unifying. We dont have divided government where you have a lot of frustration coming to the top likelihood when john boehner was speaker. When john boehner was a speaker. Charlie your relationship with the president elect. Speaker ryan it is very good. It is Getting Better. Charlie how is it Getting Better . Speaker ryan in the campaign we did not get along. [laughter] charlie do i need to remind you . Speaker ryan no no. Skin. Boy with thick i have run on the national stage. Criticisms dont affect me at this stage in my life. We constantly communicate. That constant communication has done a lot to build trust, and know each other much better. His hand once in new york for years ago, but i really met him for the first time three weeks after he got the nomination. Charlie after he got the nomination . Speaker ryan that was the first time i really had a conversation. Guy. Didnt know the i didnt know me, him. We did not speak frequently during the campaign. We had our differences and since the election, we have worked hard to make sure we are talking all the time. Charlie what is the conversation between him and you . Speaker ryan almost always about the agenda in place. Mitch mcconnell and i spent the last two months on piecing together a legislative strategy good on themake promises we made to the public. How are we going to execute that . All of my conversations revolve plans,that, the sometimes it is personnel, because he is populating a cabinet. It is about how to fix these problems, how to deliver on our objectives and goals. Charlie so this relationship is healthy. Speaker ryan very healthy. Charlie he has used the bully pulpit to talk about jobs and bully corporations into not taking manufacturing overseas. Is it a good idea . Speaker ryan i think people want an american president fighting for american jobs. Charlie it resonated in the campaign. Speaker ryan i ran on a national stage. We did not win. He figured out how to do this. Hcharlie what did he figure ou . I think he figured out how to connect with people on an individual basis. Everyone talks about twitter handle this stuff. He learned how to go around the media, and to give a voice to people who feel that they have not been heard. I think in his unique communication skills, which are novel, he has tapped a vein and given voice to people who feel like they have not been represented. That basically gave us a winning coalition. Wisconsin is a perfect example. Reagan in 1984 is a good example we are pretty much typically able to state. How is it that donald trump wins wisconsin . He got disaffected bluecollar voters that are Traditional Union households to vote for donald trump. We together emerged forces on the end. We got the unified republican party. We got the College Educated suburban republican voter that said, i like the unified republican government. Charlie including women. Speaker ryan we got them to come home. We got the reagan democrats to come over. Think the Obama Coalition produced for hillary. That Coalition Just did not turn out nearly like it did for barack obama. He is unique, as you said, internet not translate to and it did not translate to her. Those things i would describe as this victory, but donalds role in this ia tapping into a frustration and relating with people. Charlie what do you make of the people that say the election was one part that, one for james comey, and one part of what the russians did against her . Speaker ryan i think those are on the tangent. Charlie you dont deny them . The russians did interfere with the election . Speaker ryan no one disputes that. I dont think it had much of a bearing on it. Only did was reinforced the existing story. James comey and the russians did not tell anyone to put a server in her basement, or put things on Anthony Weiners laptop. Those were already out there. This was just more of that. What she did not do was connect with people. She did not connect with people in the way that her predecessor did. Donald trump did. Here is the other point, back to your earlier question. Barack obama is a popular man. I dont think his policies are popular. We will get into the Affordable Care act i assume. My point, people say, i dont like the direction our country is going. Look at the polls. Post people dont believe the country is headed in the right direction. Why would they follow a president that says were going to keep us following the right direction . People want to change, and they need and deserve change. He also says she did not campaign in the states. Speaker ryan as someone who knows wisconsin politics, it is mindnumbing. We have to see you and feel you and statute. To and touch you. To ignore michigan, political malpractice in my mind. We already have the law on the books to have a physical barrier on the border. The way we look at this is whatever conditions warrant or dictate on the ground, that is what we should build. I have been to parts of the border where they suggest, we should have a long, or on these mountains it should be a fence. It is going to be a physical barrier. In some places it will be a wall because that is what conditions on the ground dictate. Charlie mexico will pay for it . [laughter] speaker ryan the current plan is we are going to front the cash up front. [laughter] charlie the plan is, you are going to find the money, and he is going to find a way for mexico to pay you back . Speaker ryan that is right. Charlie is that feasible . Speaker ryan actually it is, if you define paying it back in a broader way. I can go into tax reform how mexico will pay it back . Speaker ryan there are more ways we can get money coming in from mexico than the current status quo, in excess of whatever cost it would be to finance a wall. Charlie republicans are in favor of free trade. Speaker ryan i wrote the authority to go get trade or agreements. Trade agreements. Charlie so he is in favor of trade deals, but good ones. Do you think that the transpacific deal was a bad deal . Speaker ryan i think president obama cut a bad deal in certain areas. I worked his worked with his team during the tpp negotiations. I think they wanted more to the left than we would have liked. Dated three or four things that we could not live with. Currently as constructed, it is not a good deal. I like multilateral agreements. They have to be quality agreements. Charlie the president of china trade davos, and he said war will destroy everybodys economy. Speaker ryan yeah, we dont a trade war. Charlie isnt that what the president is threatening . Speaker ryan no, i dont think so. First, the man is a negotiator and a businessman. He has a long ball view. This is not just episode and anecdotal. I think he has a longerterm vision. We are getting taking advantage of by the chinese in areas of trade. They steal our intellectual property rights, subsidize to compete unfairly in violation of trade rules. Not to mention dumping goods onto our country we call that transshipment. We have to enforce these agreements. We need to make sure they get treated just like we do. Charlie please have a 45 tariff on anything that comes in from china. A 25 tariff have on anything that comes in from china. Speaker ryan we are getting taken advantage in certain areas. The last thing that we want is a fortress america and a trademark. Test does not mean we should lie down and say to other countries, we will play on a unlevel Playing Field with you. The purpose of our trade policy ought to be to level the Playing Field. On a level Playing Field, the American Worker can compete with anybody. Charlie you believe there can be a resurgence in American Manufacturing . Speaker ryan absolutely. Charlie americans have not priced themselves out of the marketplace . Speaker ryan there are other factors other than bidding down wages. We dont have to play the weight arbitrage wage arbitrage game. Make america the place you want to build things in and export to, make america a energy powerhouse. Regulationsthose and give them regulatory certainty. We can become an energy giant. In north america, we can have the kind of energy exportation that can rival it can rival opec. If we get our regulatory policies right, we can see a change. Charlie what kind of tax reform are you in favor of . What donald trump w ants . Speaker ryan if you want to look at it, you can go to our website. We have it up there. 22 is what the house plan is. He said he would like to do 15. We just have to get the numbers to add up. Charlie if you reduce it, you have to figure out where to get the revenue. Speaker ryan that is revenue neutral tax reform. Charlie that means you have to reduce the exemptions. Speaker ryan we plug loopholes, which means more income subject to taxation, which makes us more competitive. Why are we suffering from this tax system we have today . The industrial world, only industrialized countrys average tax rate is 23 on businesses. Our tax rate is 35 on businesses. That is only 25 of american businesses. Individuals who file is a small business, that is 44. 6 . We are killing ourselves. Charlie are these people were getting killed by obamacare . Speaker ryan yes, and regulations. Most of our jobs, from small, new, and medium businesses. We have this goofy system that is out of sync on how we tax ourselves internationally. Tells american businesses, you are better off becoming a foreign company, you are better off making things overseas and selling into america. If you sell something overseas, you cant bring the money back because of our tax system. 35 . We have this goofy system that is so out of sync with the rest of the world and uncompetitive. 2 trillion to 3 trillion that is american money that has been made and earned that is not coming back into our economy because of our tax laws. Fixing that alone will bring in so much more to the american economy. That ratesbusinesses higher than other countries, we lose, and that puts our economy at a huge disadvantage. We want to fix that. We want to get rates down, encourage businesses to buy equipment in this country, and put us on a level Playing Field with the rest of the country, so that you make it in america, keep it in america, and sell it all over the world. This is the primary purpose of tax reform. Grow the economy, more wages, higher jobs. That is what we are trying to accomplish. Charlie he said, anytime i hear border adjustment, i dont like it. [laughter] i dont love it, because usually it means we are going to get adjusted into a bad deal. Speaker ryan it is a very simple system that is very complicated in the way that it is described. Let me describe it very clearly. The rest of the world has consumption taxes. When they make something in their country and so it overseas,. They take the tax off. When something comes into their country, they tax it. We do the exact opposite. Take Harley Davidson in milwaukee. We tax it if it is written in wisconsin and we tax it if it is sold in japan. It is text if it leaves, and it is taxed if it enters into japan. Lets take honda, a cycle that competes with the harley. On the mix this motorcycle. This recycle. Kes they take the tax off as it enters america. Our motorcycle is text twice. Charlie you cant be competitive. Speaker ryan it is an unlevel Playing Field. It is getting us in sync with the rest of the world. Lets take the tax of of our exports and put it on our imports, so we put our products on a level Playing Field with the rest. It changes our taxing based on so it gives American Companies and enormous incentive to stay in america. It will make it more profitable to keep that factory in this country, an export it. It makes it more profitable to stay in business, because your foreign competition is now on a level Playing Field. Charlie i spoke to the Vice President elect this morning, mike pence, and he said we have then create and new program. He said in the next couple of weeks he will have a new program together. Speaker ryan we have a draft. We ran on a plan, by the way. You can go look at it on our website. We intend bringing this forward at the same time. For legislative reasons, they can be in the same bill. That is a procedural challenge we have. We intend burning all of our bills to show what we would repeal and replace. Would show not just a lot of the reveal, but the replace. This law is collapsing under its own weight very quickly. Charlie meaning people are abandoning it . Speaker ryan insurers are pulling out, premiums are skyrocketing. It doesnt even feel like insurance. I give you a quick back story. They sold this law saying if you like your plan, you can keep it in the end it will bring down prices in premiums. It did not do any of those things. Charlie printed it did mean a lot more people were insured then they had not been before. Speaker ryan 11 Million People were supposed to be on subsidies. It was supposed to be 22 million. The way they went about it, they went in the most prohibitive and expensive way to do it. It hurt health care for everyone else in america. And those plans now are going away. Humana pulled out, united pulled out, aetna pulled out. 5 states have only one insurance choice left. That is a monopoly. 30 of all counties in america, only one thing left. We are being told by insurers we will have zero planes left. Charlie you just said go to your website. They want to know what you want to replace it with, and they want to know where the money is coming from. That is the point. Speaker ryan it comes from obamacare, because it is built on a house of sand that is quickly collapsing. We want to take those resources and directed towards what we think is smarter policy. What do those things look like . One, Health Savings accounts could help people with deductible spending. Rethink the better way with preexisting conditions is subsidize their care through risk pools. Ofays tell us it is about 8 the under 65 population are under that category. Lets just pay for their care. By doing it that way, the rest of the pool of americans dont have to cover those losses. We stabilize the insurance rates for everyone else. By having taxpayers focus on the risk pools, subsidizing cares for those with catastrophic illness, those losses dont have to be covered by everyone else and we stabilize their plans. We think a refundable tax credit is a way for people to buy insurance they like and can afford. A federal tax credit means you get assistance regardless of your ability to buy care. We want more insurance competition and more choices. That is why we want interstate shopping. Let insurance compete across state lines. We have flo selling us home and auto insurance. Why cant we have a vibrant marketplace for Health Insurance . Charlie does medicare work . Speaker ryan it works, but it is just going bankrupt. Medicare, it is arguably the most Important Program in the federal government. I would say arguably because Social Security is right up there. More than half of medicares financing is on borrowed money. It goes bankrupt in the next decade. Charlie because there are so many of them speaker ryan the baby boomers will crush the system, and we will have an insolvent system. The medicare reform guy in congress for many years. Think the smart thing to do is guarantee coverage that currently exists. We need to reform the program