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Making a speech on tax relief. i think they've just stopped calling it tax reform all together. what is strange, clarence, is there's no bill. there's no particular proposal. there's no idea that has any meat on bones than the single page bullet point statement that the white house put out several months ago. and yet, the president's actually going on a tour to promote this tax thing. >> oh, yeah. you know, this is for anybody familiar with the history of tax reform efforts, this is no surprise. everybody wantstach reform. the problem is everybody wants a different kind of reform. every line o...

The spending bill. they have could come back next week and figure out the strategy and figure out if they can get along long enough to pass a bill. >> clarence something else may be happening. tomorrow afternoon the president is supposed to be making a speech on tax relief. injury they stopped calling it tax reform altogether. what is strange there is no bill, no particular proposal. there is no -- no idea that has any meat on the bones than the single-page bullet point statement that the white house put out several months ago. and yet the president's actually going on a tour to promote in tax...

Don't have money, influence. that's why google, amazon, all are paying 16% to 18% corporate tax. overhaul the entire system. that fixes it. >> jonas, you say we need spending cuts and tax hikes. >> yes. this revenue neutral thing, it doesn't work. the bottom line,we're never going to get out of the budget deficit with anything revenue neutral. we have to cut spending and raise revenues. there's no way around that. can it be put together with something like that? yeah, we could remove the deductions chshgs is why americans most pay a single digit federal tax rate. it's hard to say -- who cares ...