Page 7 - Deficit Neutral News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In december explaining why you can't do that. >> for you to be able to use reconciliation to notave a filibuster, it has to be deficit neutral. we have to have deficit neutral tax reform. 20% we know is deficit neutral. 20% gets us there. 15% isn't deficit neutral. >> and so, david, all that translates to is if you cut the corporate rate that low, you're going to lose tax revenue to such a degree that procedurally you won't be allowed to use the 50 vote strategy in the senate. >> that's right. and tax reform is no easier than health care. listen, the travel ban was a lie. health care for all w...

Obamacare, they are missing a big chunk of change they would need to use for tax reform. that's a problem for them. if it is supposed to be deficit neutral, budget neutral, then they have to find the money somewhere and they don't have the money. so what they would be left doing on tax reform would be a small kind of tax reform as opposed to the broader kind of tax reform that they also promised. one thing does depend on another. so any are looking back at this and saying, first things first. >> even if they were able, brie na brianne in, y brie na brianna, you know even if they get something ...

Made some edits to the bill. it was partly aimed at making sure this cbo score didn't come out and have that be something that essentially killed this legislation before it even had a chance to get off the ground. so, they do think it's likely to be better than it would have been initially. but that long-term cost point that you make, its not necessarily just about conservatives balking about spending money. it's also about how they have to pass this bill through congress because they have to use these budget rules, as we've talked over and over again, about -- to make it so they only need 50 ...

Year just in payroll and direct benefits to our employees. >> reporter: because 600,000 work in wind and solar, most expect trump won't cut the tax credit. his infrastructure plan also modernizes the power grid while support for the north dakota access and keystone pipelines would move oil more cheaply. >> looking at the president's trillion dollars over ten years from a floor perspective, we think that's, you know, a wonderful thing. >> reporter: business and labor support his infrastructure plan. the challenge is building big projects without producing big deficits. >> it will be deficit neu...

Year just in payroll and direct benefits to our employees. >> reporter: because 600,000 work in wind and solar, most expect trump won't cut the tax credit. his infrastructure plan also modernizes the power grid while support for the north dakota access and keystone pipelines would move oil more>> looking a trillion dollars over ten years from a floor perspective, we think that's, you know, a wonderful thing. >> reporter: business and labor support his infrastructure plan. the challenge is building big projects without producing big deficits. >> it will be deficit neutral. >> reporter: trump wo...