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    Date
    Summary
    Kevin Brady: ‘Tax Reform Alone Won’t Get Us to a Balanced Budget’
    Source
    MSNBC

    Name: MSNBC

    URL: http://www.msnbc.msn.com/

    Show
    Morning Joe

    Name: Morning Joe

    URL: http://www.msnbc.msn.com/id/3036789/ns/msnbc_tv-morning_joe/

    Persons
    Kevin Brady

    Name: Kevin Brady

    Employment: U.S. Congress

    Position: Congressman

    , Heidi Przybyla

    Name: Heidi Przybyla

    Employment: Politico

    Position: Journalist

    Event
    Event location
    Capitol Hill, Washington, D.C.

    Name: Capitol Hill, Washington, D.C.

    URL: http://www.visitthecapitol.gov/

    Link
    Not online media
    Uploaded
    11/03/2017 09:08 am
    Type
    Video
    Format
    MP4 (1278x720) Use clipper to adjust file type
    Duration
    0:02:57
    Views
    1
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    Transcript
    >> Chairman Heidi Przybyla has ░░░░░░░░ question Hi chairman being ░░░░░░░░ recovering budget nerd I ░░░░░░░░ of relapsed last night ░░░░░░░░ reached out to some ░░░░░░░░ my best budget sources ░░░░░░░░ s what I found ░░░░░░░░ economic growth that you ░░░░░░░░ are promising it cannot ░░░░░░░░ unless the cuts occur ░░░░░░░░ the same time In ░░░░░░░░ the joint committee on ░░░░░░░░ economic model assumes that ░░░░░░░░ type of tax cuts ░░░░░░░░ re doing now that ░░░░░░░░ not paid for could ░░░░░░░░ be a drag on ░░░░░░░░ growth Can you please ░░░░░░░░ to that Yes So ░░░░░░░░ reason we moved back ░░░░░░░░ a balanced budget is ░░░░░░░░ there is substantial growth ░░░░░░░░ this But again that ░░░░░░░░ t do it You ░░░░░░░░ to do you have ░░░░░░░░ simplify the code eliminate ░░░░░░░░ breaks on the business ░░░░░░░░ individual sigh as well ░░░░░░░░ s the combination of ░░░░░░░░ of those that gets ░░░░░░░░ wac to a balanced ░░░░░░░░ over time That s ░░░░░░░░ people complain look you ░░░░░░░░ really simplifying the code ░░░░░░░░ There s a lot ░░░░░░░░ things that go Not ░░░░░░░░ is happy about that ░░░░░░░░ that s what sort ░░░░░░░░ the tough choices you ░░░░░░░░ make along with growth ░░░░░░░░ make sure this moves ░░░░░░░░ toward a balanced budget ░░░░░░░░ s not what this ░░░░░░░░ does These are unfunded ░░░░░░░░ re taking out some ░░░░░░░░ but still blowing a ░░░░░░░░ hole in the budget ░░░░░░░░ s not like they ░░░░░░░░ in 86 I m ░░░░░░░░ The audio went out ░░░░░░░░ just a moment Could ░░░░░░░░ repeat that Can you ░░░░░░░░ me now Yes ma ░░░░░░░░ But that is not ░░░░░░░░ s happening here This ░░░░░░░░ still regardless of the ░░░░░░░░ you re closing it ░░░░░░░░ a blowhole in the ░░░░░░░░ That is not what ░░░░░░░░ model was in 86 ░░░░░░░░ instance when Reagan did ░░░░░░░░ This model that I ░░░░░░░░ speaking of still assumes ░░░░░░░░ this could be a ░░░░░░░░ on economic growth because ░░░░░░░░ re not doing the ░░░░░░░░ of spending cuts not ░░░░░░░░ simplification in the code ░░░░░░░░ spending cuts Well here ░░░░░░░░ there are a number ░░░░░░░░ models on growth I ░░░░░░░░ sure there will be ░░░░░░░░ healthy debate We know ░░░░░░░░ dramatically grows the economy ░░░░░░░░ revenues not just in ░░░░░░░░ but state and local ░░░░░░░░ as well But you ░░░░░░░░ a great point Tax ░░░░░░░░ alone won t get ░░░░░░░░ to a balanced budget ░░░░░░░░ have to have spending ░░░░░░░░ along with that and ░░░░░░░░ I know House Republicans ░░░░░░░░ are turning toward on ░░░░░░░░ reform and tackling the ░░░░░░░░ in a way to ░░░░░░░░ them That s all ░░░░░░░░ of the steps it ░░░░░░░░ to get us back ░░░░░░░░ a fiscally responsible area ░░░░░░░░ want to see continued ░░░░░░░░ and debts stay with ░░░░░░░░ slow growth economy like ░░░░░░░░ saw the last ten ░░░░░░░░ We know what that ░░░░░░░░
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