we promised both things. we told we would repeal obamacare and reform and replace our tax code and lowter tax burden on families and lowter corporate rate. we have theest highest in the world. we shouldn t be in a revenue neutral way. that s a way of saying tax burden is the same. neil: some of your moderates, as i m sure you re aware, are very revenue neutral mind set. some have said don t make the tax cuts across the board and certainly not for the wealthy. what do you think? all i m saying, revenue neutral, the middle class gets a bad deal. we should be focused on deficit neutral. this is where i ll be glad to work with my moderates and say let s cut taxes, let families keep more money and cut spending. that s what republicans neil: if newt gingrich says
and what you ve seen with the health care right now is when one party tries to ram through a policy, it s not good. and the problem republicans have right now is their disagreement within their own party as to what tax reform should look like. there s disagreement in the white house what the tax rate should be, disagreements between the white house and congressional republicans about issues like the border entrustment tax, also the broader issue about how you pay for tax reform. they ve made a commitment this would be deficit neutral, but only because they are trying to pull money out of health care reform to basically pay for these tax cuts for the wealthy and that s one of the reasons they are so desperate to get health care done this week. so they can move on again to other policy issues. i want to elude to this, deputy secretary, the tweet that came from donald trump moments ago, said it s sad that republicans, even some carried over the line on my back do very little to protect
for them? tax cuts, or tax reform should be deficit neutral. and we have that in our budget that it will be required to be deficit neutral. i want to be sure that people understand that that will be deficit neutral by using the tax provisions. when we talk about mandatory spending and the cuts in the mandatory spending and saving of $200 billion that s paying for deficit reduction. that does not go for tax cuts. it s two different avenues. neil: you use dynamic accounting, i don t want to get too wonky, and are you better than i am. you get growth and boom for the buck with tax cuts. but near term you know, you lose some revenue. are you and your colleagues factoring that in, that if you get tax cuts at least in the near term depending on their size will produce bigger deficits. near term before it gets better. you are right when you do the tax cuts, that s revenue that was there to begin w then you have cut that revenue.
his internet companies, we need to help the brick and mortar stores. brick and mortar stores have an online presence, talking macy s or walmart, they re some of the biggest online retailers out there. what exactly is the president suggesting? if he said forget the border adjustment tax, but wants to help brick and mortar, i don t understand. well, it is a good question. i think the president has may have abandoned the border adjustment tax. i m not sure he abandoned the idea of punitive tariffs on importers to the united states. he may look for some other iteration of that, and whether he can succeed in that is a big variable in terms of tax reform debate. we talked about the impact of the demise of the health care legislation, that will speed the debate on tax reform. but tax reform requires republicans, first of all, to make up their mind, are they going to expand the deficit or make it deficit neutral. if they make it deficit neutral, find a place to raise some money. that s why
is that doable? are you afraid if it isn t done, then there could be trouble? it s doable, if we can put it a priority and go to work. no, it s not going to sell well. it s not going to sell well to my voters in the fifth district if we don t come away with anything. deadlock cannot continue to be an option. the last eight years has been deadlock. a lot of the legislation that president obama had was bad. neil: i m i want to be clear on the tax cut thing. that is this notion that some in your party think that tax cuts should be paid for, deficit neutral, you know the drill. do you subscribe to that opinion? do you think that they should be big, get the bang for the buck, even with short term deficits or you think you have to be cognizant of that?