My colleagues have asked for a second round and we are going to do that. I hope people will help us move this along. I will reserve any comments i have to make. Senator lets go back, if we mnuchin. Were cut for the while 2 percent that sure looks to me like what we agree is going to be called rule, absolute tax break for the wealthy. You agree with that . Again, we want, to work on and imis very specific asking you for a reason. I dont want to have to repeat it. For the topat cuts 2 while eliminating credit for those who are low and middle income. Doesnt that violate the mnuchin rule . Mr. Mnuchin we need to look at the overall tax plan and as i said, the primary objective is to deliver a middleincome taxcut and tax simplification on the high end. Senator you are already fudging on this commitment that you made to the American People, that he wouldnt give an absolute tax break to welltodo people. The reason i am asking this is because this is exactly what aca repeal was all about in th
Concern i believe senator warren was referencing was a concern that the administration not because we are afraid of anything but because were asking, trying to find out, that the administration either believe that its okay to keep them in receivership and continue to one as is with the status quo or perhaps to simply recapitalize them an put them back out into the market without any housing reforms. And i wanted to ask you, i realize you cant comment on a specific plan yet, but if you would comment on the fact as to whether you believe that we need to have reform in our Housing Finance or Housing Finance policies that would go further than simply recapitalizing fannie mae and the receivership. Thank you. Unlike the medicare where i acknowledge im not an expert but with freddie mack and fannie mae i am an expert and it would be one of my priorities to work with you and as what i have said, what i am focused on is we need housing reform and resolution, i start with the status quo is not
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