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Detailed text transcripts for TV channel - FOXNEWS - 20171128:12:04:00

us rather than just voting in block against everything we try and come up with. finally a positive development for republicans, senator rand paul, a traditional deficit hawk signaled that he is a yes vote. we will see, guys. it looks like possibly a vote mid to late week this week. steve: all right. griff, before you go. i was reading this morning that apparently one suggestion is if there s a short fall of money in the federal coffers, the taxes could actually go up a little bit to make due with the short fall? that s right, steve. they are calling it a trigger. it s the trigger idea. even that becomes a problem under the senate rules. this is being passed under budget reconciliation. so you will hear a lot of that. it s going to take you into the weeds. at the end of the day, they have to appease one to get to the other. i m not sure they have the math to do it right now. brian: of course that s senator corker and flake and daines worried about the deficit go up. that would ameal

Detailed text transcripts for TV channel - FOXNEWS - 20171128:09:05:00

the individual mandate increasing the federal deficit, the cbo says the senate plan would lead to an increase in $1.4 trillion, the senate budget, democrats are uniformly opposed to it as finance committee chairman orin hatch expressed frustration. i just hope they will start working with us rather than voting as a block against everything we come up with. one bright spot, rand paul, traditional deficit hawk signaled he is a yes vote, the senate hopes to get to voting on this by the end of the week, there will be a lot of horse trading going on today. jillian: very close, you got to come up with something coinciding with the 12 days of christmas. have a good day. the senate is once again the last major obstacle between the

Detailed text transcripts for TV channel - CNN - 20171128:10:04:00

the senate bill. take a look at what the house bill has. the a compromise for property taxes capped at $10,000. aides tell me that s where they might end up in the end. then of course senator john mccain obviously the famous thumb us down that killed the health care bill. senate leaders don t know where he stands on this. clearly a deficit hawk but also has concerns about the process. here s kind of the bottom line. republican leaders need to move quickly and they need to add money for some senators as others raise deficit concerns. how they figure out a way to square those issues is going to be crucial as to whether or not this has a future. if you want to know where the first test is going to be. this afternoon, the senate budget committee. who s on the committee senator johnson and corker. if either senator votes against it, bill will go down. all right i ll be looking

Detailed text transcripts for TV channel - FOXNEWS - 20171128:15:05:00

luncheon about the need to get tax relief done in a hurry. a key senator says he is looking forward to the president attending the senate gop lunch today. it will be a very productive and helpful meeting. 90% of republicans are really excited about it. that s within the senate caucus. we also have some democrats who are interested. why? it is middle class tax cuts. he sounds hopeful they will get gop hopefuls on board. daines and johnson are pushing for a better deal for small businesses. the tax reform plan favors corporations too much according to them. corker and flake and langford have fiscal concerns and pushing for a debt back stop in case the economic growth projections don t come true. corker explained his concerns this morning. i ve been a deficit hawk for 11 years. what i don t want to do is lose my integrity and actually help

Detailed text transcripts for TV channel - CNN - 20171128:12:10:00

are really going to matter. go ahead. it s the gop, remember? we can talk about what the debate is across both parties and then you have those numbers that the cbo is putting out, potentially carrying a lot more weight because chris was putting it in a different category than deficit. when you talk about gop ideology philosophy, what is cutting to the heart of where they feel sick in the pit of their stomachs, the deficit does matter to these people, especially those people on that short list. i remember all those conversations, chris cillizza in 2008. right? constantly about what your grandchildren will be making on the dollar and what the burden will be for them and we re just forcing it on to the next generation. then you wouldn t vote for this. therein lies the rub of what we re seeing. you wouldn t vote for almost any tax cut if you were a real deficit hawk. you wouldn t have the offset in revenue. there s always an accommodation. i think the best argument i ve h

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