Page 9 - Dynamic Scoring News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Means simplification and overhauling how you pay your taxes, what kind of deductions you are able to claim and all of that. if they don't propose something specific and expansive in terms of how you alter the structure of the code, it is not really tax reform. the one reason i'm sus pirgs is reform is how you pay for it. and without that, we're not really dealing with tax reform. and if we are, then it's very, very complicated on the hill. if not, it's still complicated because of the deficit implications but it may be easier to create consensus because every republican is in favor of cutting ...

The weeds here but this means more money for the government. normally they pretend like cutting taxes doesn't mean more growth. the bottom line is cut taxes, absolutely shrink the government, grow the real world economy. that will mean more money for american families and more money for the government, by the way. so cut taxes. use dynamic scoring. it's honest scoring. >> neil: so far it looks like they're not going to remove or alter popular deductions for mortgages, charitable contributions, that sort of thing but they're looking at maybe limiting if not totally eliminating the deduction you...

We'll be fine. that said, let's bracket that for a second. it has been the record of republicans -- this is something republicans have been consistent on. ronald reagan, huge deficit, financed tax cut. george bush. we're going to get a big deficit, financed tax cut. at the same time republicans are saying they care about balanced budgets, but the proof is in the pudding. the deficits go up under republican presidents. why not just be honest about what they're doing? >> i think they believe in this idea of dynamic scoring, and i've warned them about it. you know, i say if you dynamically score ...

Financed tax cut. george bush. we're going to get a big deficit, financed tax cut. at the same time republicans are saying they care about balanced budgets, but the proof is in the pudding. the deficits go up under republican presidents. why not just be honest about what they're doing? >> i think they believe in this idea of dynamic scoring, and i've warned them about it. you know, i say if you dynamically score taxes, then you're going to have democrats dynamically score spending on domestic programs, so it's dangerous. i do believe there is a legitimate amount of dynamic scoring, but if you ...

Job. can it be better? absolutely. i agree with you. it could be improved. but that doesn't mean it is going to be paid for. we are going to have massive red ink. use the words of george h. bush that called dynamic scoring voodoo economics. i hope it works. but it didn't work in 1991 or 1989. >> gork h.w. bush admitted he was wrong. so george h.w. bush admitted it wasn't voodoo economics. it worked. we had the biggest boom in american history. >> thank you very much. appreciate your takes. helpful to the show and the audience. all right. so the president ran on the promise to be a jobs creator...