Why rob portman is hopeful. Mick mulvaney is warning. And steny hoyer is fighting mad. Theyre all here and only here. We begin with blake burman with the latest. Blake . Its clear here in the halls of the capitol as House Republicans mark up their bill and the senate will release their bill later this week. Theres a host of issues to work through. Earlier today, the club for growth, an influential Republican Group put out a note saying they have issues with four Different Things on the individual side of this House Republican plan. Here they are. Top tax bracket for millionaires with the possibility that those that make in the low Million Dollar range can see the top end taxed north of 45 . They take issue with a portion of passthrough profits would be taxed 25 . Growth. You had big deficits. It wasnt tax cuts that did it. Cuts create growth and growth creates revenues neil but you left out Ronald Reagan. I know. Deficits didnt grow with him. The first two years were high because we ph
bird room and all of that and making the numbers add up and balance out, it limits what you can do period. in the end, everyone seems to be disappointed. those that want big tax cuts, they re disappointed. people that want control over the deficit like john mccain, they re disappointed. was it worth it? oh, it s absolutely worth it. i still am a big deficit hawk. that s why i m spending so much time on this bill and encouraging congress to pass it. the deficit equation is simple. it s revenues minus expenses. when you have revenues smaller than deficits neil: you ll have a deficit here. $1.5 trillion more. i don t think that number is right. i think senator corker, another big deficit hawk that that $1.5 trillion now is a smoke and mirrors number.
conserve energy in other way. that creates investment alternatives. how do you square that fact to use market incentive with the fact that it is just unthinkable politically, or seems be pob be for politics. americans are more spread out and will drive more mp $8 a gallon will have consequence here than in paris. you have to remember that alternative energy supplies can t be put in the tank. we have to produce more domestic energy. i think jared would agree. . as opposed to staying here to develop what we have here is not good for the economy. it is the trade deficit. it is one of the reasons we have a deficit. it is half of the deficit equation. one way or another we have to provide way for energy needs much more at home if we will have a an economy that grows 4 or 5% as we need it to do.