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Detailed text transcripts for TV channel - MSNBC - 20170301:20:32:00

our companies so they can compete and thrive anywhere and with anyone. it will be a big, big cut. at the same time, we will provide massive tax relief for the middle class. i want to bring in david stockman. you got to talk to david to understand this. he s the former director of the office of management and budget under president ronald reagan. he s the author of trumped: the nation on a brink and how to bring it back. you were the omb director in 1981. you helped craft what was called, some of you will remember, the economic recovery tax act of 1981. it was one of two major tax cuts passed by president reagan. widely credited with creating endless prosperity. so, tax cuts created prosperity in america. trump says so. you did it. what s wrong with this plan? because in is 36 years later. this is not the second coming of ronald reagan. he inherited a clean balance

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