not hostage to the scoring from the congressional budget office entirely, they are not hostage to the joint tax committee, these institutions created by democrats years ago that tend to make it harder to reform taxes. that s right, yes, basically that s a conservative number on how much revenue we could expect to float at the treasury for growth. paul: why? for every .1% you add to gdp, 270 billion in revenue. cbo is not a progrowth institution, those are conservative estimates and cbo assume that is the economy grows, 1.9% over next ten years. paul: that s their estimate. which is weak. would produce 2.7 trillion under cbo calculation, 1.5 trillion is what the senate is considering is relatively conservative. paul: there s no guaranty that the house budget committee, the house budget passes own reform and they ve had deficit neutral. there s no guaranty right now that the house will accept
or the loss of the essential programs and investments that we make that largely benefit the middle class. everyone wants to see taxes lower. we all know that ultimately, it would have an impact on economic growth. but it has to be fair. and what the president offers this is why his rhetoric is meaningless now. because the president actually stands up and says, the wealthy will not benefit. you look at the tax plan, 8 oh% of the value goes to the top 1%. that he would not benefit. 5,400 families would receive a $270 billion tax cut as a result of this plan. simply saying something over and over again doesn t make it true. you re a football fan. quick yes or no question. do you think colin kaepernick is good enough to play in the nfl right now? absolutely, yeah. i mean, i don t own a team, so it s up to them to decide. but, look, free speech ought to be protected. it ought to be protected when we agree with it and when we disagree with it. i don t necessarily agree with what he say
benefit in the elimination of the estate tax. 100 families. across the country 5400 families get a $270 billion tax cut. that s just the beginning. people with estates worth more than $5 million or double that if you re married. let me ask you about puerto rico real fast. benny thompson, he wrote a letter asking dhs to investigate these reports that officials on the ground are distributing contaminated drinking water, toxic water to residents there. i think of you and flint michigan crisis. this is deja vu? it is it s painful to watch. i sat in a meeting with 50 members of congress and you said can you imagine people not having safe drinking water for three weeks? i thought yeah, i can imagine it. my home town dealt with it. flint was a marginalized community, very poor community. a majority minority community. puerto rico a marginalized
it out. graham/cassidy is estimated to cost $270 billion in gdp. it s going to remove coverage frr fr an estimated 20 million americans. it s mes mated states will lose hundreds of billions of dollars. two thirds of the states losing, only one third gaining. all logic tells you, you go back and rethink this. but every time the gop comes up against a deadline, this time they have to pass it by september 30th and decided to take it to the wire. unless they can swing more to the conservatives like rand paul and make concessions, but that might ail nate the moderates or try to attract moderates like susan collins and alienate conservatives, they re going to lose again. senator bernie sanders pushed for fixes to the obamacare and his long term plan for the universal health care system.
finished. the sense among republicans is that it s political trench warfare. they are completely dedicated hour by hour, day by day to 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 clever 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.