if you re trying to tie all the revenue to this abstract tax reform idea you re going to get into a position where the revenue is about never going to happen because once you get into reality it doesn t materialize. you have to do both, john. you have to do you have to raise the the rates and close loopholes to get the amount just raise the rates. you can t raise the rates high enough to produce $1.6 trillion. you can get $900 billion from expiring the bush tax cuts. and where do you get the other $700 billion from from. do a little reform and cut the rates. everyone has agreed. we have to do both. jonathan chait and i would comprise the new york magazine caucus on this issue. there are two things that are absolutely true. paul ryan, he doesn t apparently want to admit rally or look at the exit polls. i understand it was an ugly day on november 6th. republicans don t like looking at the exit polls. not only did the president campaign on this more vociferously than
to do would be perfectly happy to see individual rates in the business community if it was part of a big package that lowered corporate rates, one of the things that s what simpson-bowles was about and they were they would be fine with that and they are, i think, they re looking for if they they also want reassurance that tax reform piece which could include rates, rising on the rich, will also include big pieces of deficit reduction. that s what they care about. they want certainty, to be part of a big deal they feel like that s systemically deals with the long-term deficit thing. i think the wall street thing is a piece of that but somewhat separate too because i think what you what will be interesting to see with elizabeth warren in the senate what kind of like real teeth are put into the financial reform and that will really govern where wall street is on the president. it doesn t wipe away all the problems the president s going to have with business. if he leads on thi
rice. i mean she was either, you know, willfully ignore rant or are she was unbelievably and dangerously naive. when you have a three pronged attack on a compound and the attack uses rpg and heavy weapons fire it is clear that that is not the spontaneous response of a student mob to a movie. bill: all right, let me stop you there. all right. bill: everybody agrees with that. i don t think there is anybody who disagrees with what you just said. correct. bill: there are two things that can happen. either ms. rice doesn t know what she was doing and should resign or was ordered to say that, which i believe. i don t think she goes out and says anything that she is not getting the okay to say. if that is the case then we have some big trouble up there in the white house. let me hasten to add this was a very, very clumsy step by the obama administration and i believe the most embarrassing foreign policy blunder they
rice. i mean she was either, you know, willfully ignore rant or are she was unbelievably and dangerously naive. when you have a three pronged attack on a compound and the attack uses rpg and heavy weapons fire it is clear that that is not the spontaneous response of a student mob to a movie. bill: all right, let me stop you there. all right. bill: everybody agrees with that. i don t think there is anybody who disagrees with what you just said. correct. bill: there are two things that can happen. either ms. rice doesn t know what she was doing and should resign or was ordered to say that, which i believe. i don t think she goes out and says anything that she is not getting the okay to say. if that is the case then we have some big trouble up there in the white house. let me hasten to add this was a very, very clumsy step by the obama administration and i believe the most embarrassing foreign policy blunder they have mead in almost fou made in
rice. i mean she was either, you know, willfully ignore rant or are she was unbelievably and dangerously naive. when you have a three pronged attack on a compound and the attack uses rpg and heavy weapons fire it is clear that that is not the spontaneous response of a student mob to a movie. bill: all right, let me stop you there. all right. bill: everybody agrees with that. i don t think there is anybody who disagrees with what you just said. correct. bill: there are two things that can happen. either ms. rice doesn t know what she was doing and should resign or was ordered to say that, which i believe. i don t think she goes out and says anything that she is not getting the okay to say. if that is the case then we have some big trouble up there in the white house. let me hasten to add this was a very, very clumsy step by the obama administration and i believe the most embarrassing foreign policy blunder they