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The Boston City Council is pushing for a measure to prevent thousands of affordable apartments in the city from being converted to market rate units.

Economic market will explode? the last 15, 20 years suggests that cutting taxes isn't promoegt growth anymore. >> i don't agree with that promise. >> i look again at the history when we've had the major tax rate reduction nds this count country like the '60s and '80s when we had a big boom and under clinton when we had the big boom in the '90s we had a big reduction in capital gains tax and look what the happened to the revenues, they justed. that's one of the reasons we were able to get to the balanced budget in 50 years. >> so jeff sachs, what do you say about corporate texas if your book yo...

Childhood actually was like the dreamiest moment in the american dream where every -- >> you and kurt won the lottery. >> probably the last generation of people for whom the american dream really worked. >> and guess what? just a decade later, i won't ask how old you are, i'm 49. just a decade later i'm driving around in upstate new york in middle school and my parents -- i'm hearing my parents in the front seat asking where are the steel plants going? why are companies moving overseas? opec. everybody has an idea this just started in 1991 -- >> '90 -- >> this has been going on like -- >> but ...

Welcome back to "hardball." until this weekend, few outside capitol hill had ever heard of the ryan budget, but the ryan budget, but now it's front and center to understanding the nominee, paul ryan. it substantially restructures medicare, taking the security out of a program that is hugely popular with seniors. it cuts medicaid, food stamps, transportation, also infrastructure programs and all of the safety net programs for the poor. it reduces the taxes on the wealthiest people from 35% to 25%, and getting rid entirely of the capital gains tax. the ryan plan won't even balance the budget des...

It's really shocking, actually. of course, our whole situation is completely messed up. steven is talking about tax cuts for the rich. we're collecting less in tax revenues than we have in modern history in this country, a share of national income. larger budget deficits than ever. we're in a complete mess and they want to gut it even more. >> ten seconds to respond. that's all we have. >> we're in a mess. the middle class is getting creamed. they've lost $4,000 of income per family in the last three and a half years under barack obama. what could be worse than the policies? jeff is right, we ...