saying, what moody s is saying, look, we need economic growth to be comfortable with the deficit reduction plan. when you see analysis now for example, coming out of bark lay s capital, barkley s capital is questioning cbo using the 3% plus for the gdp growth for u.s. and they re say willing you get $2 trillion in spending cut in the debt deal offered? they say the debt amount may be halfed given the way the u.s. economy is growing below 2% this year. neil: so we are not out of the woods yet, are we? no. this is a story you have been reporting op and we have been watching for some time now, how the u.s. economy has been struggling. now putting in sharp relief, whether the president pull off or rye to offer stimulus spending to get the economy going. what the jobs creation package will be. neil: all right, lizzy. i call her wicked because
how do you answer that if you don t get the simplified tax reform after the fact, and the finding through you get rid of are the tax breaks? guest: if you only eliminate the tax preference that is a tax increase. i grow. but what i don t agree, only doing that. you have to reduce the rates and that is the key part of our plan. neil: this just popped up, and this is the president signing the budget control act of the $2.1 trillion measure, sorry to interrupt you, and that curbs spending over 10 years and the c.b.o. said $2.1 trillion although some say $2.4 trillion. guest: c.b.o. used $2.1 trillion and the first part does $1 trillion and the committee does at least $1.2 trillion and hopefully a lot more than that. neil: thank you very much. when are you headed home? guest: in the next few days. neil: what was wall street telling us of the great deal that was just signed with very