CNBC’s Steve Liesman on Tax-Free Tips Proposal: ‘I’m Witnessing the Birth of Another Part of the Budget Deficit’

GUTIERREZ And Steve I ░░░░░░░░ going to ask you ░░░░░░░░ put your CNBC hat ░░░░░░░░ Both Harris and Trump ░░░░░░░░ come out for ending ░░░░░░░░ on tips From a ░░░░░░░░ perspective though can you ░░░░░░░░ us what that would ░░░░░░░░ and what impacts they ░░░░░░░░ have on the government ░░░░░░░░ bottom line LIESMAN Well ░░░░░░░░ know think about maybe ░░░░░░░░ physicist who gets to ░░░░░░░░ the birth of a ░░░░░░░░ As an economics Reporter ░░░░░░░░ m witnessing the birth ░░░░░░░░ another part of the ░░░░░░░░ deficit That s one ░░░░░░░░ to think about it ░░░░░░░░ know This is how ░░░░░░░░ happens The the polls ░░░░░░░░ the campaign trail end ░░░░░░░░ making promises and that ░░░░░░░░ up having if it ░░░░░░░░ law obviously profound effects ░░░░░░░░ 150 billion to 200 ░░░░░░░░ I ve seen over ░░░░░░░░ 10 year period on ░░░░░░░░ budget deficit Other distortions ░░░░░░░░ because you treat like ░░░░░░░░ in different ways from ░░░░░░░░ taxation point of view ░░░░░░░░ is not a beloved ░░░░░░░░ by candidate by economists ░░░░░░░░ it seems to be ░░░░░░░░ beloved by politicians.”