Steven Rattner: “The middle class average American would have gotten a $1,000 tax cut. That is not my view of what a fair and balanced…”

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.

I think when you look at the tax proposal that has been made by the Administration, you will see that it is very unbalanced.

I think that to simply focus on one or two provisions affecting business as the centerpiece of tax reform is excessively narrow.

I think there is enormous urgency around this. We all understand the political calendar. This is the beginning of a new Administration.