Page 3 - Deficit Neutral News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Not hostage to the scoring from the congressional budget office entirely, they are not hostage to the joint tax committee, these institutions created by democrats years ago that tend to make it harder to reform taxes. >> that's right, yes, basically that's a conservative number on how much revenue we could expect to float at the treasury for growth. paul: why? >> for every .1% you add to gdp, 270 billion in revenue. cbo is not a progrowth institution, those are conservative estimates and cbo assume that is the economy grows, 1.9% over next ten years. paul: that's their estimate. >> which is we...

Beginning of the tax process. so pass the budget in the next couple weeks, move to tax reform because of the budget and other topics will continue at the same time separately. maria: so what is your feeling terms of deficit neutral, revenue neutral when you look at tax reform for the overall budget. when does the deficit and debt of $20 trillion become sort of a near-term crisis situation. >> the deficit is driving why we are doing what we are doing right now. a lot of us, myself included have come to the conclusion we are never going to solve our debt problem just on the spending side. we sim...

Actress wife to sit on the roof of whatever, you know, treasury building he's flying on. he is surrounded by people, who he hired by the way, flying around in corporate jets. >> best people. >> flying around in corporate jets and could take commercial, using the government jobs to live fabulous lifestyles of the rich and famous. they don't have to sell this in poughkeepsie. they don't have to convince the trump voter this is okay. he has to do that. donald trump understands the republicans say and we know are lies, deficit neutral, a lie. not going to lower taxes on the super rich. a lie. all ...

Jets and could take commercial, using the government jobs to live fabulous lifestyles of the rich and famous. they don't have to sell this in poughkeepsie. they don't have to convince the trump voter this is okay. he has to do that. donald trump understands the republicans say and we know are lies, deficit neutral, a lie. not going to lower taxes on the super rich. a lie. all of these lies, trump has to sell them and since he's a salesman and one thing he's kind of good at, he knows he can't sell that. even he cannot sell that to the base. >> let me tell you -- are you surprised that paul ryan...

Deeply. they used to say, no, it is not going to increase the deficit. today mnuchin said not only to pay for the tax cut, a couple of trillion dollars in tax cut, but we are going to end up with a revenue positive outcome. raising another trillion dollars and almost as if they're saying, hmm, you know, we told them that it's not going to cut taxes on the rich and, nlg, that isn't really working. we told them it's deficit neutral. let's see what else we have in our back pocket here. and so, they're just kind of shuffling through the deck to try to sell this thing. i think you and joy are exact...