That will help grow jobs and middle americans. Two people to explain it, gary cohn is going to walk through why were doing and what were doing then the personal side. And secretary of the treasury Stephen Mnuchin will walk through the business and corporate side of what the president is doing to bring jobs back to this country, to make our businesses more competitive and help our economy grow. At the end, well be glad to take questions on this. You are being provided a one pager that provides the top level of the plan and both the director and secretary will go into further detail. So without further ado, director gary cohn. Mr. Cohn thank you, sean. Good afternoon to everyone. Thank you for being here. This is quite an historic day for us and one that weve been looking forward to for a long time and one were very excited about. We have a once in a Generation Opportunity to do something really big. President trump has made tax reform a priority and we have a Republican Congress that wa
Good morning, everyone. Welcome back from a two week break. I know you must have missed is terribly. I know i missed you all. So great to see you. Here we are this week. The white house wanted to celebrate the first 100 days, maybe commemorating might be a better phrase to use. It really has been 100 days of failure for this administration outside of the appointment of neil gorsuch as the night member of the supreme court. It took the changing of the senate rules to accomplish. Very little the white house did beyond the nomination itself. We look at all the other failures of achievement and the first 100 days to i do not say this weekly because the American People are the ones that suffer because of a lack of attention and focus on the issues they are concerned about. Nothing in terms of jobs or economy. Nothing to show in terms of health care. Show fory nothing to draining the swamp. My colleagues. About those issues after me. With theto start broken promises that the president has ma
Pricewaterhousecoopers and the former chairman of the house ways and means committee, and the center on budget and policy priority, president of the committee for responsible federal budget, and grover norquist, president and founder of the americans for tax reform. Over to you. Thanks. Lets start with you. What was your reaction to the secretarys comments . Were you heartened . We wrote a story about the possibility of transportation mixing with tax reform. A big step forward. A very important division. If you put Infrastructure Spending, any spending, inside lesss o tax reform, that is for infrastructure. It reduces what you can do. Two separate it is helpful. To separate it is very helpful for as far as the debt, it has been reported that the adjustment tax is not going to be one of the offsets. Are you concerned about this being this blowing a hole in the nations debt. Thank you for asking the question about offsets and the debt. I am a here supporter of tax reform. We need tax ref
Good morning. This hearing will come to order. I want to welcome our witnesses. Good morning. This hearing will come to order. I want to welcome our witnesses. E appreciate your time i frequently say we appreciate your time. I frequently say it started by a simple amendment, something it started by a simple amendment, something we all hate to do, but if we are going to do we all hate to do, but if we are going to do it, it is kind of nice to get some measure of control and a Pretty Simple concept asking the gao to start issuing reports due to inspections on different duplicated programs has resulted in 75 billion worth of savings over seven years, which is remarkable. Based on the amount of budget authority, the gao has 3. 8 billion over the same timeframe. I know your over all return on investment is what, attorney general . General . 112 to one. Ok. I do ask unanimous consent to my written remarks written Opening Statement get entered into the record. I do want to start with a couple
That will help grow jobs and middle americans. Two people to explain it, gary cohn is going to walk through why were doing and what were doing then the personal side. And secretary of the treasury Stephen Mnuchin will walk through the business and corporate side of what the president is doing to bring jobs back to this country, to make our businesses more competitive and help our economy grow. At the end, well be glad to take questions on this. You are being provided a one pager that provides the top level of the plan and both the director and secretary will go into further detail. So without further ado, director gary cohn. Mr. Cohn thank you, sean. Good afternoon to everyone. Thank you for being here. This is quite an historic day for us and one that weve been looking forward to for a long time and one were very excited about. We have a once in a Generation Opportunity to do something really big. President trump has made tax reform a priority and we have a Republican Congress that wa