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The Playbook Podcast

September 29, 2017

The Playbook Podcast

POLITICO

Politics, Government, Daily News, News

3.9699 Ratings

🗓️ 29 September 2017

⏱️ 4 minutes

🧾️ Download transcript

Summary

Around the tax reform horn, another Tom Price travel scoop and more in today's Audio Briefing.

Transcript

Click on a timestamp to play from that location

0:00.0

Good Friday morning. I'm Jake Sherman and welcome to your Politico Playbook audio briefing, sponsored by

0:05.8

Morgan Stanley. And I'm Anna Palmer. House Republicans had a pretty good week. Steve Scalise came back.

0:11.9

Their tax plan was embraced by pretty much everyone from outside groups to the House Freedom Caucus.

0:17.3

The budget is expected to hit the floor next week, which will be the first step in setting up tax reform.

0:22.4

Fingers are crossed across the Capitol that President Donald Trump doesn't turn against the tax framework,

0:27.9

something that rank and file House Republicans are increasingly worried about after he left them high and dry on health care.

0:33.7

Stephen Mnuchin said yesterday the tax reform will pay for itself and pay down the U.S. debt.

0:39.3

That is something that most experts disagree with. The Wall Street Journal's must-read tax

0:43.6

reporter, Rich Rubin, is out with a pair of stories. The first with Chavon Hughes about how the

0:47.7

GOP tax plan has hit its first hurdle. We told you about this a couple days ago, but Republicans

0:52.7

from high-ta tax states are opposed to

0:55.0

repealing the individual deduction for state and local taxes. This is a pretty big problem. Look for

0:59.6

lawmakers from states like New York, New Jersey, and California to be speaking out on this.

1:03.5

There are a lot of them, dozens. Another Rich Rubin's story about the Treasury Department taking

1:08.1

down a 2012 economic analysis that contradicts Stephen

1:11.5

Mnuchin's thinking on the corporate tax rate. Meanwhile, lobbyists are already rallying to try to

1:16.1

save tax breaks in this plan. The New York Times is reporting what we all knew, that there's a

1:20.4

mad scramble on K Street to protect long-held provisions that are on the chopping block.

1:24.3

Politico has another big scoop on HHS secretary Tom Price. We're reporting

1:29.0

that Price took a military jet to Europe and Asia, costing taxpayers more than $500,000.

1:35.2

The White House approved the use of the military aircraft this spring. Meanwhile, Price defended the

1:40.2

travel on Fox News and chalked it up to Trump's very ambitious agenda. Piling on to Price's

...

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