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Detailed text transcripts for TV channel - MSNBC - 20171215:11:37:00

Mark my words, they re starting to do it. we need money to take down dilapidated homes in youngstown to build roads, bridges, broadband and the new energy grid. they will say, you know what, we don t have the money. to your point earlier about branding, we came up with the commercial, it s the president trump tax plan. you see the guy, it s the trump tax plan, the reason it s the trump tax plan is he is saving billions and becomes of dollars, you know who is paying those becomes, putting them in his pocket, a thousand other people. you. you. the money is coming from your pock. $100 bucks at a time so that trump s grandson can save his becomes. he screwed you. here s your commercial. the average people in youngstown, ohio will have $20,000 more in national debt on to that family in youngstown because of this bill. yeah, comeman, i m sure you know, donald trump went to places like youngstown, they went to your district. he went to my district in ....

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Detailed text transcripts for TV channel - MSNBC - 20171215:12:22:00

Ways to park the money. it s flawed in many ways. those things are not addressed by this bill. as you talk to people inside the white house, what s the level of desperation or choose a better word of getting tax reform passed after having lost the promise to repeal and replace obama care earlier in the year, what does it mean to lose on this campaign promise? i think desperation is a good word. they are facing the prospect of ending the year with no significant achievements. this president made a lot of lofty promises. and he continues to talk about this year in a really lofty way. he talks about historic achievements, but we have a poll coming out later today and one of the questions we asked people was do you believe that the president made good on his promises. i won t give away the full number, but it s a pretty low percentage of americans who believe he did. when i talked to a lot of americans who did the survey for ....

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Detailed text transcripts for TV channel - MSNBC - 20171215:11:39:00

Money to be able to take on the money establishment in washington, d.c., in the centers across the country. he hasn t done anything, really this tax cut is a missed opportunity. we did need tax reform. the tax system is too complicated. the corporate tax system is a mess. all of these things do need reform, but he s not doing anything to drive investment in pensacola or into youngstown, if you look at the fact that 80% of venture capital money goes to three states, to new york, california and massachusetts. and 90% of it goes to men, only 1% to african-americans. if you reform the tax code, you look at the system and say, how can we get this wealth that s being created in the united states and get it to the communities left behind in the global economy. so he s betrayed these workers and come up with no plan to help them. congressman tim ryan of ohio. always good to see you. ....

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Detailed text transcripts for TV channel - MSNBC - 20171215:11:36:00

Ends meet, they literally live pay check to paycheck. this was a lifeline for them to have decent health care, now the president is going to take that. here s the other thing, if businesses wanted to hire people and we do them them. this, we re not hostile to business. we want private investment in places like youngstown, who is going to hire our people? they have $4 trillion in corporate profits. if they want to hire somebody, they can hire them. if they see a good investment, they can make it notice. they don t need this tax cut. but you know what s not happening? when you drive through communities like mine and others across the country, there are thousands of blighted homes that need to come down. that needs to be a public investment we need to make. we need urban agriculture. we feed dream space. we need new we need to build few communities and right now, we don t have the money to do it. so these guys will run a $2 trillion hole in the deficit and borrow the money from china, ....

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Detailed text transcripts for TV channel - MSNBC - 20171215:12:21:00

And more americans getting more jobs and that being spread out. now explain. if the corporation makes more money, chances are good they re not going to hire more people. in fact, it s more likely than not they won t hire more americans to work. they will buy back more shares of their own company. that s true, joe. they ll do that. they may make some mergers and acquisitions, the results are very really depend on each case. even jamie diamond said this week you might not see it for a while if there is a benefit to corporations. but you re making great point here. and the other thing that economists pointed out is that just by adding this massive bill to the debt, interest rates are going to go up which could wash away a lot of the benefit you could see from the theory that the cut will spur growth. there s a lot of issues that you raise. and also our tax policy, it incentivizes people and corporations to avoid, to find ....

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