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Transcripts for MSNBC PoliticsNation 20200627 21:46:15
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Detailed text transcripts for TV channel - CNN - 20181230:05:32:15
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a 10% tax cut for middle income families. this is no business in addition to the big tax cuts that you ve already gotten. yes, sounds good, right. i cover the economy every single day here. we have yet to see or hear any plan from republicans on that 10% tax cut for the middle class. but it has been nearly a year since the gop s tax cut went into effect. and i want to take a moment with a hat tip to the new york times to remind everyone what it has or has not done. according to jp morgan chase analysts in the first half of 2018 about $270 billion in corporate profits were repatriated to the united states and 46% of that was spent on $124 billion worth of stock buybacks. not familiar with those? that is an area where companies have gone on an all out binge.
trying to ensure that bill clinton doesn t get a second term. this year, the republicans that control congress is sending a budget to the president s desk that is like nothing we have seen for decades. house republicans emerge from a morning meeting with outlines of a plan they are hoping will save $270 billion over seven years. the big savings are the most politically dangerous ones from medicare and medicaid. if these health care cuts come to my desk of this size, i would have no choice but to veto. clinton figured out a very deliver bit of jujitsu. to say that newt gingrich wants to make your grandmother destitute. think about a party whose last stand is to frighten 85-year-olds. you ll understand how totally, morally bankrupt the modern democratic party is. the speaker of the house has made an unprecedented threat. yesterday mr. gingrich said he was willing to let the united states default on its debt. the republicans decided to go to the wall and to shut down the
save $270 billion over seven years. the big savings are the most politically dangerous ones from medicare and medicaid. if these healthcare cuts come to my desk of this size, i would have no choice but to veto. clinton figured out a very clever bit of jujitsu. the way to attack the republicans was to say that newt gingrich wants to make your grandmother destitute. think about a party whose last stand is to frighten 85-year-olds. you ll understand how totally morally bankrupt the modern democratic party is. the speaker of the house has made an unprecedented threat. yesterday mr. gingrich told government security that he was willing to let the united states default on its debt. the republicans decided to go to the wall and to shut down the government. we re prepared to negotiate on the budget issues, but let s not threaten the country with shutdown. the president said we really ought to meet at the white house in the oval office. it came down to whether or not
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