i m here to tell you, we are going to get this done in 2017. the fact that the speaker made the case is what we re hearing from our local businesses as you are, which is go bold, go permanent and go now. our objective is to pass tax reform by the august recess. and i think that s a very aggressive timetable, but realistic and something that the president and i are very committed to doing. neil: so by august, voted, done a greed? and signed. well, now tax cuts by august looking nearly impossible. so what will that mean for stocks that have been expecting them and this rally that s been pricing them in? let s ask jessica, dave and scott. scott, you first. what are we looking at if these tax cuts don t come? that s pretty bad news. we re here for sentiment and confidence. you can t go down stairs of the
these reforms, these tax cuts, they need to be permanent. i m here to tell you, we are going to get this done in 2017. [applause] neil: all right. and to hear the speaker tell it, by september. that is also the time that gary cohn was saying much the same. that he would like to see something move out of the house by about that same time period. so obviously they re on the same page here. house ways and means committee chair, kevin brady, do you think it s doable? it is. the speaker made the case, what we re hearing from local businesses which is go bold, go
creators and some have 80 workers and some have 80,000, go bold. go permanent. go now. get this done this year. similar sentiment among your senate colleagues, the same thing, right? yes, there is. there s strong support for this. so look, there is a lot of these other noise issues, but we re just so focused on tax reform. we have to deliver it this year. do you any tax cuts should be revenue neutral, chairman? yeah, tax reform ought to be permanent. if we want businesses to make those investments, both here in the u.s. and to bring their supply chains back to the united states, this can t be a temporary measure. if you re looking for the most growth for the greatest number of years, go bold, make it permanent and certain. by the way, make it balanced within the budget. we can do all three. that seems to not quite jive