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>> is not over the fence. winds are better than losses. the fishers and the republican party over healthcare reform are real and they will carry over to text a form for lack of trust. democrats don't want any part of the truck to win. steve: is an interesting perspective. >> i do think it is less contentious. there's a discussion about border adjustment. steve: you made me feel less optimistic that we have to get out to text more but anyway. coming up we've got the diagnosis what's wrong with the pharmaceutical industry in america. storm watch is straight

>> is not over the fence. winds are better than losses. the fishers and the republican party over healthcare reform are real and they will carry over to text a form for lack of trust. democrats don't want any part of the truck to win. steve: is an interesting perspective. >> i do think it is less contentious. there's a discussion about border adjustment. steve: you made me feel less optimistic that we have to get out to text more but anyway. coming up we've got the diagnosis what's wrong with the pharmaceutical industry in america. storm watch is straight can we at least analyze customer traff...

Two main, you have to reduce the corporate rate. you have to get that down, i like the president's number of 15. itf you can move to 15 that will gin up the economy. and you have reduce the rates, compress the brackets for the individuals. maria: that sounds straight forward. if they agree, your colleagues agree to 15% corporate tax rate. are you going to have to raise revenue somewhere else? you know keep certain issues in there like a border adjustment tax? >> i don't think so. some of th the experts that i he talked to. the border adjustment tax is in trouble right now there is not a lot of...

Maria: real quick, you've hit on exactly the issue that they're fighting over. so one part of it is a border adjustment tax. the house has this border adjustment tax in there because they want to raise a trillion dollars so that they can be deficit this neutral. you say forget about being deficit-neutral -- >> no, no, no. here's the problem. if you try to write a revenue-neutral bill, all of it has to occur in the tax cold. and that means you're in a situation where you've got to raise taxes on somebody in order to cut taxes for somebody else. well, everybody you raise taxes on gets be pissed ...

Adjustment could either have a transition that would make it more palatable or some kind of half border adjustment? >> i think you can say yes to a just said. what we have to do, and as an old tax writer, i would say this, you have to weigh alternatives off one another. it is obvious that you can and should have some kind of an adjustment and phase in period if you're going to have a border adjustment. i think it is the smart way to go. i think it makes the tax code the most internationally competitive of any other version we're looking at. i think it removes all tax incentives for a firm to m...