chris lu is here. assistant to president obama. it s great to have you as well. let s just start right there with harvey funding. congressman, if the funding is needed desperately, obviously, these are two things that are there s a good argument both need to pass and need to pass quickly, a debt ceiling increase and emergency aid for harvey victims. do you think tieing them together is smart? i don t think it s necessary. i don t think it s a deal killer either. i think they out to quickly get the $7.9 billion move it over to the senate. if the senate moves it to $14 billion, no problem pass it by the weekend. i think in terms of the debt ceiling, i can say this, democrat and republican secretaries of treasury bluff the house a lot, bluff the legislative branch saying we are running out of money and they move cds around and they get an extension.
that message needs to be remembered. i totally agree the writing was on the wall and those of us who failed to see it were wrong. at the same time, it s also true that i don t think we should use that to diminish or pretend that what happened in charlottesville wasn t another level. it wasn t just me that felt that way. all the major business leaders, the head of the afl-cio. it s kind of interesting no one interviews them about this but whatever. i think it was a different moment and in his past stupid things he would say he didn t mean it or apologize. if you wanted to you could believe he didn t mean it. that changed in this case. david i admit my mistake. david, do you have a question? i welcome all converts to reason. i know how hard it is to admit a mistake on television. the sort of deal killer, if you
that number would be under this plan. we don t have an update on what the deficit savings would be under this plan. that used to be a deal killer. not just for republicans but democrats as well. that s a huge political liability to vote on this without a score. the amendment text that got them there just came out about an hour ago. a lot of members are just starting to get their heads around what this would actually do. the vote will still happen tomorrow. what i m told essentially from several members over the course of the last couple hours is, essentially this, it s time to move on. they have done this enough. they recognize that it s clogging up the rest of the legislative agenda. they recognize this is a politically difficult vote. they recognize this is something they have campaigned on repeatedly. it s very likely, almost certain the senate will change this in some way, shape or form. they just need to do something. despite all of the big problems that might actually come with t
without an updated cbo score to detail the changes that have been made over the course of the last couple of weeks. that first score related to the initial iteration was devastating. 24 million people would be without insurance or lose insurance over ten years. we don t have an update on what that number would be under this plan. we don t have an update on what the deficit savings would be flr th under this plan. that used to be a deal killer. that s a huge political liability to vote on this without a score. the amendment text that got them there just came out about an hour ago. a lot of members are just starting to get their heads around what this would actually do. the vote will still happen tomorrow. what i m told essentially from several members over the course of the last couple hours is, essentially this, it s time to move on. they have done this enough. they recognize that it s clogging up the rest of the legislative agenda. they recognize this is a politically difficult vote.
the standard deduction for individuals and married couples. reaction this morning to the thing is mixed. i m not impressed with it. zero, zip? zero, zip. it s all republican votes? yup. this is a great starting point to have a conversation about backing government off the backs of the american people, revitalizing our economy and finally returning growth to our nation s economy. i m very worried they want to do dumb stuff, like deductibility of state and local taxes. that s a killer for states like new york. that s a deal killer for me. treasury secretary steve mnuchin responded to some of the responses this morning on the today show. this is about having sweeping tax cuts, the largest tax cuts in history. the largest tax reform program in history. to create american jobs. this is all about jobs, jobs, jobs. that s a little bit of a puzzlement i want to dig into a little bit more. jobs are created generally because of demand, not because of tax cuts. this all come