Steven Rattner: “We have a huge problem of retirement savings in this country.”

83 percent of his tax plan would have gone to the top 20 percent of Americans, who would have gotten an average of a $25,000 tax cut.

The middle class average American would have gotten a $1,000 tax cut. That is not my view of what a fair and balanced tax plan would look like.

We should have asked the UAW to do more. We did not ask any UAW member to take a cut in their pay.

Sitting where we are sitting now, having done nothing really for 30 years in terms of comprehensive tax reform has cost us millions of jobs.