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Transcripts For CSPAN2 Key Capitol Hill Hearings 20150220

Inequality. If you look at what actually happened to people, a lot of what matters, they are aftertax income and weve had substantial tax cuts in middleclass families, make tax cuts permanent that are worth thousands of dollars a year, had additional tax cuts for the areas like the itc and Child Tax Credit and on top of that you have the Affordable Care act. When you take all that into account, the policies of this administration have substantially reduced income inequality relative to what you otherwise would have had. In terms of the underlying trend in the economy i think that challenge is to with this and their dynamics, technology, education, globalization institutional changes, declining value of the minimum wage, all of those factors i think our continuing you know to create an underlying challenge to inequality and thats what were proposing all the steps we are for ....

United States , New York , North Carolina , District Of Columbia , City Of , United Kingdom , San Francisco , Eric Berger , Barry Pavel , Paul Kurtz , Andy Purdy , Danny Meyer , Arnold Abraham , Jeff Schmidt , Mike Daniel , Dolley Madison , Jason Healey , Michael Daniel , Brent Scowcroft , Charles Halpern , Child Tax Credit , Tax Credit , Affordable Care , Good American , American Workers , Federal Reserve ,