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After months of delays, the House Budget Committee has released its fiscal year 2018 budget resolution. The plan makes progress in some areas, such as prioritizing national defense, reforming Medicare, implementing mandatory reforms through reconciliation, repealing Obamacare, and beginning to reform Veterans Affairs. However, the budget falls short in others.
Differential between capital gains and ordinary income. 15% per capital gains and dividends. 35% for ordinary income. that differential really i don't think is justified. >> chris: okay. let's get -- i know you are chomping on the bit to get to spending and entitlement reform that has to be part of a deal. congressman van hollen, a year ago august when boehner and obama were involved in the debt talks, grand bargain that blew up, the president put on the table raising the eligibility age for medicare and slowing the cost of living adjustment for social security. could you accept that? >> well,...
Differential between capital gains and ordinary income. 15% per capital gains and dividends. 35% for ordinary income. that differential really i don't think is justified. >> chris: okay. let's get -- i know you are chomping on the bit to get to spending and entitlement reform that has to be part of a deal. congressman van hollen, a year ago august when boehner and obama were involved in the debt talks, grand bargain that blew up, the president put on the table raising the eligibility age for medicare and slowing the cost of living adjustment for social security. could you accept that? >> well,...
Differential between capital gains and ordinary income. 15% per capital gains and dividends. 35% for ordinary income. that differential really i don't think is justified. >> chris: okay. let's get -- i know you are chomping on the bit to get to spending and entitlement reform that has to be part of a deal. congressman van hollen, a year ago august when boehner and obama were involved in the debt talks, grand bargain that blew up, the president put on the table raising the eligibility age for medicare and slowing the cost of living adjustment for social security. could you accept that? >> well,...