On the recordNovember 16, 2017
I include in the Record a transcript of an interview with our esteemed chairman, Kevin Brady, and Heidi Przybyla that appeared on ``Morning Joe.'' Kevin Brady-Morning Joe Transcript--Friday, November 3 Heidi Przybyla, USA Today: This economic growth that you all are promising, it cannot happen unless the cuts occur at the same time. In fact the Joint Committee on Taxation's economic model assumes that the type of tax cuts that you're doing now that are not paid for could actually be a drag on economic growth. Can you please speak to that? Brady: The reason we moved back towards a balanced budget is one, there is substantial growth, miss, but again, that won't do it. You have to simplify the code, eliminate so much of these special breaks on the business and the individual side as well. It's the combination of both of those that gets you back to a balanced budget over time. That's why people complain `Look you're really simplifying the code dramatically, there's a lot of things that go'. Not everyone is happy about that but that is what, sort of the tough choices you have to make, along with growth, to make sure this moves us toward a balanced budget. Przybyla: But that is not what's happening here. This is still, regardless of these loopholes that you're closing, it's still a big blowhole in the deficit and that is not what the model was in '86 for instance when Reagan did it.…





