Detailed text transcripts for TV channel - CNN - 20171118:04:30:00
Families more than $71 billion over the next decade, don. >> but you mentioned some sort of relief for the middle class. why is it short term? >> well because the tax rates that the middle class, that they do get, they don't last. in the senate version, the vast majority of individual tax cuts expire after 2025, this includes the expanded child tax credit, the bigger standard deduction as well. and then cuts in individual rates. but the corporate tax cut and most of the other goodies for businesses, those are actually permanent. so it's a big reason why the joint committee on taxation found th...