drag his party and country towards a bit of fiscal sanity, but under president trump, who insisted that there were no compromises needed whatsoever, no reforms needed, he found that, i suppose, the only republican reform that he could do was on the tax side, and so the combination of this blowed eye nomar out budget that these passed and the tax cuts ironically has paul ryanian, fiscal hawk, leaving congress having presided over a trillion dollar he s the second speaker to resign in the last three or four years. less than three years. speakers donnell generally just leave their job. the speaker of the house is one of the most powerful elected positions in the world. members of congress work their whole lives to be speaker and then never lever. tome foley lost his seat. newt gingrich faced major setbacks, he had to step down. you have boehner and ryan
of pennsylvania, and i think the key here is you look at what s happening in the economy, we re eight months into the trump administration, and job creation is basically the same slow, dreary path it was on during the obama years. so the economy needs help here, needs a growth driver, and this could be it. paul: mary? yeah. i mean f they don t grab this if they don t grab this, they re crazy. they really did not come to washington to do anything. this is a huge opportunity because there s been so much focus about doing this tax reform in a revenue-neutral manner which, of course, is not enough to get any good tax reform. so they re being handed this opportunity of $1.5 trillion. they have to grab it. paul: yeah. i want to give bob corcoran from tennessee, a self-described fiscal hawk, credit for agreeing with toomey on this. but even $1.5 trillion, you know, people will scream and say, oh, this is going to add to the deficit. cbo, the congressional budget office, says that growth o
like $800 billion. the president promised on the campaign trail no core social security cuts, no core medicare cuts, no core medicaid cuts. but you can see them there in this bill. it also assumes some pretty lofty goals here, 3% growth rate, the gop health care bil passes, and that tax cuts won t add to deficit. it does arrive at balanced budget, a fiscal hawk s dream over about ten years, but takes these projections and assumptions to get there. there s a biting op ed in the washington post right now from larry summers, who used to be treasury secretary for the democrats, and he says that if you believe in economic tooth fairies, you re going to get this done, but if you were presenting this budget at a freshman econ 101 class, you d fail. christine romans, great to have you with us. thank you very much. in moments, we ll hear from former cia director john bren n brennan, speaking publicly at a house intelligence committee. this hearing is on the russia investigation.
it avoid a government shutdown and puts government on auto pilot. some prominent conservatives tried to hold it up hoping to fight president obama s executive action on immigration. the president does not get to demand of congress here s the policy i want. give me what i want or i will decree to it be so and ignore the law. the house democratic leader blasted it. i was so heartbroken. i don t think i ve ever said that on the floor of the house. heartbroken to see the taint that was placed on this valuable appropriations bill. a terrorism risk insurance package short-handed as tria was blobd. it s unfortunate but his objection is going to kill tria. i m sorry about that but that s a fact so i can t accept his modification. retire oklahoma republican senator tom coburn a fiscal
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