One on the business and one on the individual. On the business side between the house and senate bill is that the senate would delay the Corporate Tax cuts. The centerpiece of the whole plan, what they say will encourage the Economic Growth that they are expecting to see. On the senateey side. On the individual side, the senate has said there posing to the statehe repeal and local Tax Deduction for income tax and property tax. A stickingready point in the house before they unveiled the bill because there are a lot of republicans from high income tax states like new. Ersey, new york, california they were worried about that so they decided to keep the part of the deal that caps off at 10,000. The senate totally repealing it no go for him. He does not support that. On those do you focus taxes . Guest it raises money. It would add 1. 5 trillion to the deficit over the next decade and they cannot go beyond that. If it goes beyond that than it abides by the senate rules. Deductionhe tax allows them to raise a lot of money. Host who would get the tax reduction or a break on taxes . Who would get the increases . Tesco it cuts tax rates for everyone. Under the house bill, they leave the highest tax rate intact for the wealthiest americans. In terms of whether you are going to get more money back or more money at the end of the year, it is individualized. It really depends on how you have been doing your taxes, what sort of deductions you already lowering the rates and doubling the standard deduction so getting rid of a lot of deductions that people use such as the state and local tax inductions. Host if you want to ask our ,uest questions, 202 7488000 democrats. 202 7488001, republicans. 202 7488002, independent colors. Make thoughts on twitter. Amanda becker joining us. Who said theyr wanted to eliminate the idea of itemizing altogether. Guest the house went a lot further in eliminating deductions and saying it will be double the standard deduction and then you will not need to i domestic actions anymore. The senate allows you to keep some of them but it also mostly eliminates above the line deductions, the ones you can take even if you are taking the standard deduction. The idea is yes. That is how paul ryan has been selling the plan. We get rid of deductions but you pay less taxes anyway so it doesnt matter. Host that is the individual side. Do talked about the Corporate Tax rate. Remind viewers where it stands right now and how it could change . Cutting fromuggest 35 down to 20 . A big deduction. They say one of the main reasons they are doing tax reform is because they say is this is have a hard time being competitive in the United States and we need to have a lower corporate rate. The senate plan suggests delaying that. Host does anybody pay the talk for a, really . Guest very few. They also had to ductions on their side and ways to pay different rates. Ast we see the house taking vote on its version and the Senate Working on its version. When it comes to reconciling the two, what happens and what is the possibility when it comes to a final product . Senate will start marking up and changing their version today and considering different ideas from mostly republican members because they control the senate and committee. The house is set to vote on theirs on thursday, as of now. They are still getting votes together, as far as i know. So we could see that shift a little bit depending on if they have the support they need. Then, they say they will go to a Conference Committee which is a formal process to reconcile differences. The math in the senate is a lot harder. 100 seats52 out of and they can only afford to lose the votes of two senators and rely on the Vice President to pass legislation so they have to be worried. And there are already several concerns, mainly to do with the deficit. Host the final deadline or goal to get this accomplished is one . Guest the end of the year. Trump said he wanted to see action before thanksgiving which is why we expect the house to vote this week. Workingte will start there is not. When they will vote is unclear. They want this to go into effect next year. Legislativeneed a win right now after trying and failing with health care several times going into next years midterm elections. Amanda becker is joining us. The first call for you comes in pennsylvania on the democrats line. Go ahead. Caller good morning. I was wondering what happened to Trumps Campaign promises that we should all have 50,000 before taxes, if we are married, and 25 thousand dollars if we are single . On lessanybody live than that in todays age . Thewhy are they taking away exemptions that we worked so hard for . Allowed for we are the exemption for each one of us. And they want to take that away . That is wrong. Can you answer why they want to take that away . Is, get it andrm i cant speak to the promises he they havent done this since 1986 and there is a reason. When you start cutting, you have to find ways to pay for it. Getting rid of a lot of personal exemptions will be a big deal for several people. Kids, who have several say, they are getting rid of that. So even though you might have a lower tax rate, you could have a higher tax bill because you would be losing the exemption. Host as far as a single person, will they see drastic changes . Depends on deductions, where you live, the state and taxes. Dontd to do mine but i think i will be able to keep redoing it. A lot of people who are currently itemizing may find that they are not going to have a reason to anymore, especially if they completely repeal state and local tax inductions. Host from texas on the republican line. James is next. Caller good morning. My question is twofold. This isseems to me that more of a bait and switch. They bade you with one thing and they take so much more way. The other thing is, i am a selfemployed guy and im too old to go work for a corporation so i am stuck working for myself. Last year, my deductions was 7,030 but the check i wrote to 6,306. Was will this hurt me even more . Because now i cant take my state deductions or my deductions on my taxes. Right now i am selfinsured. But i cant take my deductions on medical. It seems like this is going to hurt me, really bad. Host Amanda Becker, talk about the Small Business person. Guest they have provisions in here to give Business Owners a break. And one of the changes the House Committee was to create a new chunk of Small Business income which would be taxed at a lower rate in order to get Small Businesses on board. We saw the smallbusiness lobby approved the bill after all. They supported it out of the committee after originally saying they couldnt. On thing they tried to do the house side that isnt in the senate bill is establish a new Small Businesses that are paying individual income tax rates from their business income. In a new propose that 25 rate, if you are a wealthy person and you are a Business Owner, you could be paying up to 39. 6 on that business. 25 . Proposed a new rate of the Senate Proposes doing it differently by allowing each portion of your business income from your individual business income that you are paying taxes on. They approach it a couple of different ways. Theyre trying to provide targeted relief for small , in order to allow them to take advantage of the same tax rate. There will be changes and it will probably change between now and the end of the week. Host wisconsin is next, here is kathy. Caller good morning. I have a question regarding writeoffs for corporations. We hear that these writeoffs for the individuals are being eliminated. We hear that the tax rate is being cut for corporations by what writeoffs are being eliminated for them because it seems like if their tax rate is still cut but they still have all of these writeoffs then they want be paying much taxes. Guest one thing democrats did criticize the past couple of weeks was the state and local Tax Deduction i have been talking about. Businessserved on the side but not the individual side. So there are differences in how they are approaching businesses and individuals, in terms of getting new business income tax they are asking businesses to repatriate profits and pay a special tax rate on that. But i would say, in terms of the deductions, there are more changes that ive noticed on the individual side. Explain how the repatriation works and what is the benefit by targeting those . Tax jurisdictions. If you give them an incentive with a lower onetime rate in order to bring it back into the United States, it is a revenue raiser. And they have been looking for ways to raise revenue to offset the other cuts. Host what is the type of rate in other countries compared to what the United States charges on businesses . Guest into various which is why you see tax shelters in Different Countries there tends to be countries. There tends to be businesses targeted in certain areas bermuda is one of them. Host here is skip in pennsylvania. Caller howre you doing . I am curious because they want to make all of these changes. In pennsylvania we just voted on something for a Property School Tax Deduction, or just get it out of here but there want to raise the income tax and sales tax. I was talking to an attorney friend of mine the other day and he said that if they take my school tax and property tax away from my 1 million home, that is a big savings for me. And he pays an increase on the state income tax. Said, it is a and winwinwin for me but not for other people. I think what is going on in washington will be the same as pennsylvania. And they will put truck stop gambling, second in nevada with income from the gambling thing. And with a person like myself going onto medicaid next year, i cant understand it. Wow. There is 400 pages in the pennsylvania thing. What is washington, 3000 . Guest we havent seen the. Enate bill yet we have seen a detailed summary. We will get the actual text of that. I dont know what the page number ended up being on the house side after they amended it is shorter than what you are mentioning in pennsylvania. But it is complicated stuff and every time you change one thing in one area, it has a Ripple Effect in another area that has to be adjusted. Toi will expect the tax code remain collocated. Host from arkansas on the republican line, william. I stand to gain by the debt tax repeal. I guess i have to see my tax attorney and then i have to go talkshington, d. C. And face to face about the people in government there. This is the part i dont understand. They keep telling me that they will give me my money back but they will run up the deficit by up to 2 trillion in 10 years . That doesnt make sense. You are giving me my money back but you are borrowing money to give my money back . Highwhole deal stinks to you know what. Host go back to state tax, how does that affect you personally . Caller most people would say i am in the top 1 . I stand to inherit some money, quite a bit of money. And that is the only thing i see in this deal that will help me. But it doesnt make sense that they will give me my money back trillion. 2 host you made that point. First of all, can you define what this is . How could it be changed . Guest it is different in the house and senate. The estate tax is a tax levied on the wealthiest assets and asset holders, when they pass it on to their heirs. 5 million in change, anything above that for an individual and you double that for a couple or children. The house proposes to double the amount that would be exempt from the estate tax. Over 10 million for an individual and double that for a married couple, and then phase that out entirely. The Senate Version proposes doubling that amount that would not be subject to tax but leaving it in place. So that is something that moderate republican senator Susan Collins asked for during the negotiation with the idea being that these are the wealthiest of the wealthy and we cant get rid of all the revenue raisers everywhere. We need to keep some of the money coming in. Host about the estate tax, the alternative minimum tax . Can you explain how this is treated . Guest this is something it was eliminated. See tweaks to we this over this week. In florida, you are on with Amanda Becker from reuters. Hello Amanda Becker from reuters. Thank you for being here. In the senate and i know it isnt finished yet that would benefit, mr. Grassley who is a landowner but my question to you of i am in florida and all the people who call in and talk about issues regarding repealing or replacing or doing something with this tax dilemma with the state taxes and local taxes in florida, we have no state income tax. And what issues i have with that is that we have an influx of people in florida coming here from new jersey and pennsylvania other places and that do have state income tax. Their capital of that they get from reaping benefits from the income tax breaks that they receive and we end up paying a lot of the and go. When they come and we have had discussions in our house at about, why is this fair for them to go against this people in florida having to take up for all of the people in these blue states or purple states . Not just income tax is affected by proposals for the state and income local tax reduction. Currently, people can did act even if you are in a state that doesnt have an income tax under tax,eduction for a sales so once again, the house version allows you to continue deducting the property tax cap at 10,000 a year and the senate would repeal that entirely so you wouldnt get any deductions for. He state and local income host one of the selling points for the plan is that if they pass it on the Corporate Tax side, growth would happen. Is there clear evidence in the past that growth has come from that . Guest no. That didnt happen in the past when they did this. And that is one of the Sticking Points. There are two assumptions here. It, they will pass cantn to workers but you mandate that in any way. You can try to incentivize it at you cant be sure that is going to happen. Another thing, and this is what some Senate Republicans have already raised concerns about is the growth estimate and whether they are too conservative or two bullish. Will the economy grow at the rate projected . E of the tax writers say growth will make up for that. It is a static estimate and once the economy starts growing we will see an additional 1. 5 trillion dollars from that. Host sarah in texas on the republican line. Caller thank you for talking to me. I think we need this tax reform. I would like to Say Something besides taxes i think the problem in the United States is that republicans dont stick together. The president is trying to do a good job. Trying it is time realizesakes up and this is that United States. Host thank you. The idea of sticking together on this. Guest in the house, a big point of division i know i keep coming back to the state and local tax reductions but it is a Sticking Point. I expected to be a Sticking Point as they prepare to vote on the bill. If you are a republican from new jersey or new york or california or someone else hit by local , itll be hard to go to constituents and say, im sorry you lost the deduction. Dont worry, it is mostly canceled out by a lower tax rate. I would expect that to be a Sticking Point in the house. We have already had workers say that they are really not ok with deficit this much . Senator corker has announced he is retiring and he may not have as much of an incentive to deliver trump with a win as someone running for reelection. Other senators have said that makes them nervous. Host how handson has trump been with the efforts . In asiae is traveling this week. He is physically removed. Members of his administration have been meeting frequently with congress. Soughtaid that trump has the Senate Version would be better. And members of the thatistration has said they will find something that is not good for the middle class. Middle class will pay higher taxes by 2027 under this plan. The joint committee in taxation has said 11 point 5 million households will see taxes rise betweenbut make 10,000100 thousand dollars. So a lot of it will be whether they buy into the estimates. There isnt a hard definition of what is middle class in this country. So when they say they will not sign something that will hurt the middle class, where is the definition of the middle class . Host Steve Mnuchin was on yesterday talking about was on cnn, talking about what would happen if it goes through. Here is a look. Middleclass voters who voted for President Trump who will get a tax increase in this plan if it becomes law that is not what they were told by candidate trump would happen. It is not what he wants. As we go through both of these plans, the house, i expect, will pass their bill this week. The senate will end up in conference and we will finetune this. The problem is that the tax code is so complicated that everybody may take advantage of a different piece. We want to make this simple and fair. I am comfortable we will do that. Ask are you comfortable saying that you want this to be finetuned and changed so any middleclass americans who would have their taxes increase which is a minority but it is a chunk of middleclass americans that he wanted fixed before trump signed it into law . There are slight differences between both bills. The good news is that the house, senate and administration have the same objectives about middle income tax relief. Fixing the business tax system so that we are competitive and the slight changes between both bills, i am confident we will iron out in conference. Host the secretary called them find changes. Guest i hate to make predictions about congress at this point, having covered the multiple health care votes, i have lost count. There is more than fine tuning that needs to be done at this point. They are not minor details that need to be ironed out. And local tax reduction alone is huge for a lot of people. It will be huge for a lot of the representatives in the house, in particular. There are significant reconcilings that need to be done in twin what the house has presented and what the senate has presented and what the senate will end up with my the time the committee gets through with it. So im not ruling it out that it could get done by the end of the year but there is a lot of work to be done. Host lets go to gail in michigan on the independent line. Caller i have a question and comment. Im wondering if they still love the head of household adduction for Single Parents out there . And i have a comment that i markup andg the bill i wondered why they wouldnt answer how they come up with the analysis for the tv ad of the average family of four. And i figured it out. And it is unsettling to me. They took the extra from the standard eduction and the Child Tax Credit and the added them together and then they multiply them by each of the four tax brackets. Then they took those four numbers, divided by four and there is the magic 1100 that nobody can find. I have spent almost eight days trying to find the elusive average American Family that will get this in a refund. , yout 1100 as a refund would have to be given at least almost 10,000 in additional reduction. So then i realized how tailored all of the republican statements are. And the average American Family should really save the average of all American Family should get this. Guest you have been doing numbercrunching. A lot of people have been doing numbercrunching. I actually try to redo my own taxes using the house proposals. The house did retain the head of household language so if you are a nonmarried head of household, you will get that benefit. In terms of what you are talking about second, that is the criticism youre hearing from democrats. You know, they have chosen the ideal family when they have crafted this theoretical middleclass family to show the tax cut they would get. And they have chosen the ideal control for various things. If you chose a different family with a different set of circumstances who itemizes and takes advantage of a medical deduction and a state and local detection and has several children so they get exemptions for their spouse and independents, it could turn out a lot differently. That is one criticism youre hearing from democrats on the plan. At the ideal family there are talking about is actually the ideal family to illustrate the plan but it may not play out like that in the life. Host from indiana on the democrat line, alan. Caller thank you for cspan and for taking my call. And question i saw Steve Mnuchin make the comment that this is trickledown and he Still Believes it will work and were calling for history, i was around with Ronald Reagan and he made a huge tax cut for the recall,income and as i the country went into a twoyear recession after that. And towards the end of the second year, Ronald Reagan made the biggest tax increase in the history of the country. He raised taxes 11 times while he was president. Because nothing ever trickledown and unemployment, for the first time it hit triple digits. 10. 1, since the great depression. So im wondering, is this the same thing all over and we can expect the same results and we are just repeating it . I am not an economist and i cannot forecast where the economy will go in the next couple of years. You are correct that the trickledown effect never materialized after the 1986 tax cut. That is something that you even have republicans worried about. On the senate side you have a few senators saying, you know, we cant expect Economic Growth to happen this fast to offset this. Their plan reason delays the Corporate Tax cut one year. 1. 5 trillion dollars is a lot of money to add. There is the, then question of if you delay the cut a year, will you get the projected growth that they are wanting and will you get it as quickly . Host what is the lobbying on this effort, especially when it comes to state and local and how much is this playing out in the final product . Guest there is a lot of lobbying. Paul ryan said as soon as we get it out there, they would start to try to preserve tax breaks. Every interest has their own loophole or benefit that they want preserve right now. That is why you saw the Home Builders lobby, they really dont like the idea of doubling the standard eduction because they are worried that people would be incentivized to take it vantage of the Home Mortgage Interest Deduction and it could affect home sales. Revealed y fully if they fully repealed the property tax, that could affect value. Is an ongoing process. They will still be calling and meeting with lawmakers about this. This is not over until it is and by the house and senate sent to the president. Host lets go to jeff. Caller hello, pedro. It has been a while. 100 veteran. Retired, living on retirement. That is my only taxable income. How is this supposed to affect me . I have a paid taxes in shoot 10 years . Guest for taxpayers right now who currently have no taxable is going tomuch change. You will not all of a sudden have taxes owed. But you also are not going to see much change the other way either. Dependent on the individual taxpayer. Once this is written out, people need to meet with their tax preparers and the software that they normally use every year, youve to find out what is due. But it is my understanding that the taxpayer that doesnt owe taxes on their income right now will probably be about the same. Host one more call. Steve from new mexico. Caller good morning. It is reported or i have read, that 70 of the tax paying population does not itemize. That leaves 30 . I cant believe that so many people who are complaining about the loss of property tax and state income tax would itemize at over 24,000. I consider myself to be upper but i dont itemize over 24,000 and i never have. Explainedever been and i think this young lady here , who said that they have not identified what is middleclass hit it on the head. Is middleclass goes up to 250000 goes up to thousand dollarsthree hundred thousand dollars, certainly there will be people hurt. Thank you. Guest that is why there is a lot of geographic different on the itemization as it relates to state and local tax eduction. Itemize, of people who state and local is why they itemize. That is why i itemize. I live in washington, d. C. And we pay relatively high taxes. New york,re living in new jersey, some areas of nsylvania, it you see therenia, d. C. Could be a lot of geographic variation and across the income spectrum in terms of how worth it i do my thing is. But offsetting the percentage of people who do choose to itemize their taxes, that is a big reason why. Host tell me what you are looking out for specifically this week. Out for will be looking any change to the state and local Tax Deduction as the senate marks up the bill. They also did not address something we havent talked about yet, President Trumps promised during the campaign to close the. Trust loophole close the loophole that benefits wealthier financiers on wall street. It wasnt in the house bill. They partially closed it. It allows them to pay a lower. Apital gains rate the senate did not address this at all. You have heard he had a couple of republican senators say that will be one of the first changes they make. So i will expect to see something on that in the next couple of days. A discussion about manufacturing in the u. S. From todays washington journal. N f u. S. Manufac turing two guests. Paul, the, scott president of the alliance for American Manufacturing and vincent vittorio, the producer of the American Made movie. Movie. E bit about the what does it focus on . Problem withis a people focusing on the relationship they have with manufacturing. A roleas to create they have as consumers. It takes you through three Different Companies that are making things in america and helps you understand the personal connection you have to it. Host if you have questions about the work of manufacturing and the state of it, 202 7488000, democrats. 202 7488001, republicans. 202 7488002, independent callers. If you work in the Manufacturing Industry and want to give you and want to give your thoughts, 202 7488003. Lets see the trailer. U. S. Steel manufacturing an ounce that they are closing. 100,000 workers. If you get rid of your Manufacturing Base then you have a domino effect. I always said our motto was, you dream it and we build it. Saying, wesee a call lost the job. In thes that somebody United States, it is overseas. Since 2000, we have lost 5. 5 manufacturing jobs which has been the back bone that has caused incredible unemployment. What do i do now . I am nearly 50 years old. All i know is this. What the country is realizing now is that making things is important. One of the things that has always been great about america is americans. A gooding back to being business that invests in your community. We understand why businesses offshore their production. We also understand that making things is critically important to the longterm country. We are making more sales, partnerships. Knowing that we put shoes on a lot of people is something to be proud of. It is about believing in something. What if you fail . That isnt an option. Host there was a bit of the movie. Scott paul, talk about the involvement you play in this . Guest we try to connect the idea of American Manufacturing with policy. The movie is great because it points out that every president talks about his belief in American Manufacturing and wanting to make things in america but it really matters. Manufacturing was the canary in the coal mine for the great recession. Manufacturingll jobs what you saw in the movie was a prequel to some of the anger that used all play out in the last election. There are many communities who feel like they have been left behind. And that policy has left them behind as well. But this is something we know how to do. We know how to make things in this country. It is a core competency of the United States. And there are a lot of folks who want to do it, who are entrepreneurs or workers or who were holding on and realizing how important it is for their community. And they are fighting for that. They are fighting for a chance, aliving Playing Field level Playing Field and an opportunity. The movie did a really good job of bringing stories from places you like to forget about the flow, detroit and elsewhere into the living rooms of people who might have lost touch. Host vincent vittorio, we cant hear all of the stories do what is one that sticks out . Guest new balance speakers. Am wearing some right now we have people in america who were making shoes. When you see people who take pride in putting these together and seeing a company and the new england area that is doing great things, it makes you feel like other people could be doing this. Looking at the bottom line, trying to put things together with employing people in the communities and the Ripple Effect that it has. Host we talk about manufacturing, for people who work at new balance, do they understand what happens in washington and how it affects them . Guest every decision being made has an impact. Whether it is an and then to or another company or the tariffs whichre not put in place is causing harder competition for them. Thoseeep a close eye and Companies Work with think tanks and nonprofits to make sure they are on the right side of the agenda and understanding how it will affect them in the future. , you speak and work with the heads of the companies. There is a split because they have heard this so often. There is a lot of politicians who say they will be there for manufacturing. And then went tough decisions have to be made, about trade policy or at the type of Education System you have to provide a pipeline and vocational education, it gets tougher. Tradeoffs. E so i think there are some folks out there in the Manufacturing Committee that have written washington off. Saying there is nothing they can do that can make a difference. And i think there are others and new balance is a great example where trade policy matters. If tpp had gone into effect, it would have wiped out the last couple of mills. You can see that. Thee the movie the movie was being made, we were bleeding manufacturing jobs but we have run a little more solid footing now. But what we lack at the rest of the world has is the Manufacturing Policy that puts that sector front and center of the economic policy. Host is the solid footing a natural occurrence or part of the decisions made by the Previous Administration . Auto part of it was the industry. Industry strong auto in part to the rescue. Part of it is the economic recovery, we are not freefalling now. But even in an age of globalization and authorization, if we are given a chance, we can add manufacturing jobs. We know how to do things. I was just talking to someone who has brought back sleeping back production to alabama. So it is possible to do this but it takes a visionary entrepreneurs and it does take Public Policy that will give al gore folks a real chance, so that our workers arent competing against . 20 an hour labor. Besides sneakers, what other industries did you talk to . Guest we talked to viking appliances which is now a publicly traded company so it is the same story but it does show the impact a local Business Owner can have with the community so it holds true for other companies out there who are doing things in america. And the third one is more andle, who is mark lost everything to business overseas but was able to bring it back. Host again, our guests are scott paul from the alliance of American Manufacturing and the vincentn made movie, vittorio. Youur the first guest are the first call for our guests. Caller i think there is a big it ising around about either tax burden or payroll. I worked for a company in oceanside california, a Large Company that made Power Supplies and i asked the ceo what was the biggest burden and he said payroll. I also worked for the largest a tac Plumbing Company in las vegas and the ceo of that company said the same thing. I believe companies are moving overseas because of payroll, knox tax burdens. I would like your opinion. Guest a good question. Every company is a little bit different. In some cases, energy costs are the primary cost driver. In others, labor costs. While our tax code isnt perfect, if you look at the overall tax burden of many of our companies, it is comparably lower. We have a different system where we dont have value added taxes. We dont tax imports coming in and we dont rebate exports going out and that sets us apart from almost the rest of the industrialized world but the current tax debate doesnt address that at all. If you look at a lot of the costs with respect to labor and the loss of intellectual property and the fact that other countries i point out china have National Government policies that they are trying to attract that kind of manufacturing and they are thating their own firms, takes the Playing Field away from our folks. So we are talking about a trade policy that is reciprocal. Ensuring that we are not undercut by lower labor costs that are artificially low. And that generally, we have a fair chance to compete. Because a lot of the folks that vincent talked about in the on a level Playing Field will be able to add jobs. Int lets go to mike richmond, virginia. Mike . Lets go to donna. Go ahead. Caller, go ahead, please. Caller can you hear me . Host yes, go ahead. You are on, no ahead, please. I live in winstonsalem but i am originally from flint, michigan. I worked in the Auto Industry in flint, michigan. Can you he he . Host yes, you are on. Caller i want to say that i appreciate the guys that made this movie because Michael Moores movie made an impact on the industry. There inrces that are those cities are being quickly torn down. Thathe buildings manufacturers could have easily come into and taken over, they are being destroyed. What do you have to say about that . Host vincent vittorio, anything relating to your film . Seet it is mind blowing to this amount of land and huge facilities that look like an apocalyptic religion. It is really sad. But at the same time, the infrastructure is there and restoring it and trying to do something with it could be worthwhile but it is hard when of are attracting a new leg manufacturing or growth of something to restore an area like that, specifically detroit. But the story does do a good job whatowing how of happened to detroit and how it could make a recovery but it will never be what it was in the early days. Days in california. On the independent line. Caller what is important in all of this is that when people buy something made in america, they look at the made in america tags. If you look at the tpp, they try to get the country of origin taken off and i think that is important so people can make a decision as to what is best for the country when buying products. Host scott paul . Guest i wholeheartedly agree. That transparency is important. And while price will also be a and how itwing where was produced can make a big difference and unfortunately, the caller is right. We are entering into some agreements that a road our ability to properly label food products, as well as merchandise. So if you are shopping in person at a store, you can find the label, if you know where to look. You are shopping online, it can be extraordinarily difficult. It is very hard to find. There isnt a steady requirement that you have to do that. So i favor an upgrade in the laboring in the labeling laws. Vincent vittorio, did you talk to those about the importance of what is being made overseas . What is the response . Guest definitely. We have looking at the way businesses work and the way we shop. He gets into the psychology of this. And it comes into the regularization of if something is made in america or overseas but you will pay more money for it, consumers will report will support that. Which is the theme of our movie. We have the ability to put the money behind what we believe in. And it isnt necessarily an American Made products. It is the local community. Or even seeing what is in our backyard and seeing that we can support it. It will take a long time to have the true impact but at the end of the day, if we have a Company Spending millions of dollars for a celebrity to endorse their product and they know that making things and america is as sexy as lebron james, companies will get behind that. And they will see that it isnt only a value to our country and community but it will help them have a competitive advantage. Host to the democrats line. Go ahead. Caller thank you for cspan. Whatan you profess manufacturing when you have r states that just lowered you have Companies Like walmart, a Pizza Company where the owner just bought a 15 million mansion and he doesnt pay his employees a livable wage where they are forced to get food stamps and subsidies from the government . How can you justify ceos or making tons more than what they used to make . They dont want to pay livable wage. Do you know why . Vietnam just doubled their fromle wage, they went . 50 an hour to one dollar an hour. Host thank you. Kind of think that disparity is important. I would be remiss if i didnt point out that in manufacturing, the wages for average workers are 20 higher than in the rest of the private sector so they foris actually a premium the manufacturing jobs. And you can find examples of excess ceo compensation but i think they are more prevalent in a lotnancial services and of companies in the United States realized that the way they will compete is not a race to the bottom. Vietnam or eat bangladesh in wages. We dont want to do that. What if you invest in workers and invest in their skills, we will be more efficient and productive and stable. Ultimately, that is an important factor. So manufacturing wages, this is particularly important for men and women who dont have a four Year College Degree it is one of the few remaining paths to achieving the american dream. Andhat is why both vincent i are such proponents of this sector in the economy because there really is no substitute. Industry address the perhaps maybe the stereotype or belief higher dents with education are looking to go into ins that arent specifically manufacturing, because they have their ectations that degree will earn them some kind employment d easement and also the filmmaker, did you run into any of these issues when you were going hrough interviewing people and learning their stories . Guest michael in your home theres a w york, great example of this with ptech, it was a partnership ibm and themed with school system, it started in brooklyn, one school. Since then it expanded throughout the state to other tates and other countries, and it is really about connecting Workforce Development for kids at an earlier age. We go into the idea that kids finish high school, theyre looking at what college they to, put all this investment in student debt, whatever it is, get this piece that piece of paper doesnt mean what it meant 15 or years ago. Ultimately we have to be connected to workforce apprenticeships interning, doing things, that is he future of this, to get kids to realize that there are liveable wage necessary manufacturing, manufacturing dirty, its a much different world than it was before and we need to embrace as leaders in our communities and understanding the importance of education. Paul, if that is true, what are wages were talking choose trade schools or some other way besides college . Possible, is steelworkers program, if you complete basically two years of posthigh School Education and a lot of that is handson trading welding or learning electrical circuits, you can salary at ting 70,000 which in these areas of very good is a family supporting wage. With ain, overall, something between a high school certificate, youre going to get a wage premium that is 20 better than of the private sector. It is worth pointing out, and 60s, the 50s kids go straight from high school into manufacturing and could have a career in manufacturing with a pension. Jobs are vanishing, if not gone altogether. Additional an credential, but with that, yeah, you dont need four years of debt and you can provide for your family, cusave for a good nt, have healthcare plan, it is entirely possible to do that if we find pipelines, create them in high school and Technical College and f we have a Robust Manufacturing environment, where were adding jobs rather than seeing them go offshore. Maine, hes in manufacturing. Go ahead. Caller yes, thank god for cspan, im totally addicted. I wanted to talk about, retire 36 years ufacturing and it was a month, all drilled heads over those years, safety, quality, schedule, cost. Say we wanted to safely produce a quality product on lowest cost. I wonder if the panelist can portray t how metrics it to other organizations, congress . Uest you know, toyota really started that model and i think that it was replicated and efined into something that really helped to start the tocept through manufacturing the distribution of something. Youre right, you know, those things, keeping it safe, being slim in manufacturing to make sure the e not wasteful with product and helping to reach consumer with a quality product, something america always looked great at. It isand i talked before, important that outside of just helping people in our country, have this idea, the brand, what it means to make thing necessary america. Balance, an example, a lot of shoes overseas made in for ca, there is demand americanmade shoes, which is mind blowing to me. Anything to add . Would add, i dont know hat will get congress to change. Weve tried a couple different ways and weve been unsuccessful. Alliance, we work with labor and business and floor,imes on the factory there can be differences, as you know and others know, you have managementon between and workers, you can get a lot of stuff done and i think istening to their voice is important. When we go into offices, we can have a corporate c. E. O. , labor president , and they it defys stereotype and were able progress that way. That might show, at least a green shoot of hope on how to more things done. Host the debate over the tax bill in the house and senate of holding off Corporate Tax rate on the senate side, what is impact on the ndustry, particularly manufacturing . Guest i think everybody is trying to figure out what the for their individual enterprise. I do think this, you have to debt were amount of going to incur as a society because if youre adding trillions of dollars of debt, have you to borrow it and china has been a big financier and helps to create imbalances hat we have, versus having a competitive tax structure. These are difficult issues, i dont pretend to know all the answers. As we move forward, i hope that going, e debate gets those are some guard rails that are in place, we have a code, but one x that will not saddle us with exceptional amount of debt. While the president oversees the trade of balance between china and the united not s, the president necessarily blaming china, what is your reaction . Uest i was shocked, actually, quite shocked. It was pandering to your he ence there, i think should have done a much better job being more direct about how dissatisfied we are with the trade relationship with china, with the theft of with ectual property, engagement of beijing and their economy, state capitalism. We have private sector firms all over the United States trying to compete against the chinese government. If you say, i dont blame you nd there were no policy concessions that were made on this entire trip. Stunning from a president wo said he will reform trade policy and shake things up. Putting rhetoric aside, you have to deliver results and there havent been any there. Deeply frustrating, i know to me and the folks ost i saw you shaking your head, you want to weigh in . Guest no, it is just isappointing, without being political, you want behind any policy moving, but do what you say you are going to do. Ultimately, if youre talking negatively about some policy and happening and you are there and not trying to, you now, address those things, weve got a problem and its disheartening, i hope thing consist change in the future, trying to be optimistic, but it is not looking good when it that. O host darline, who work necessary manufacturing, in michigan. Hi, darline. Hi, good morning, everyone. Thank you for taking my call. Husband that my manufacturing. In as nafta was passed, we went jobugh from then to now, 14 changes. Take these ob to jobs overseas and do the Quality Control part of it and, you know, we saw first hand every time he came back and got a new it was for less money and less benefits. 68, hes still working, making twothirds of what he make, with no benefits and its been really hard. Hurts america, nobody really talks, what does to ake for a family actually whats a living a car, ere you can have two cars, both
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