Steven Rattner
speaker
344 appearances
8 recordings
1 series
first heard Sep 2024
last heard 16 Apr
Steven Rattner’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in Dec 2025 with 2.
Appearances
Here it is.
In stark comparison, if we simply eliminated the tax cuts for people making over $500,000 a year, which is roughly what President Biden was proposing, it would save $1.1 trillion.
That happens to be just slightly more than the Medicaid cuts and the food stamps or SNAP cuts, if you will, put together.
So if we simply eliminated these tax cuts, we could eliminate these budget cuts on these poor people and end up from a budget point of view in the same place.
The Don Lemon Show · HOT TOPICS | Is Gavin Newsom Going Right?! - March 6th, 2025 · 6 Mar 2025
podcast
Look, Trump hands out tax cuts like they were Halloween candy.
voice-verified
But then at some point, you've got to deal with the reality of what that all adds up to.
voice-verified
So let's take a look at the reality.
voice-verified
The chickens are coming home to roost on that.
voice-verified
So he's talking about no tax on Social Security.
voice-verified
No tax on overtime, no tax on tips, no tax on interest loans on cars made here.
voice-verified
These are billions and billions of dollars of tax cuts.
voice-verified
Simply extending his existing tax cuts, the ones that he passed in 2017 down here, would cost over $4 trillion.
voice-verified
house budget committee has only allocated four and a half trillion dollars for all the tax cuts so you could do this which he's completely committed to but how the rest of this happens including a full deduction of the state and local taxes it is impossible this is almost eight trillion dollars worth of tax cuts so this is an empty promise can't happen won't happen pause okay one of the things that these tax cuts guess who they go to they don't go to you
voice-verified
Well, first of all, in his first term, he planned not only to balance the budget, but to pay off all the national debt.
voice-verified
That didn't work so well.
voice-verified
He added a ton of national debt.
voice-verified
But let's look at how it isn't going to work this time.
voice-verified
So we are looking in what we call a base case without anything else happening.
voice-verified
We're looking at deficits.
voice-verified
a bit below $2 trillion, going all the way up to $3 trillion over the next 10 years.
voice-verified
Showing 221–240 of 344 · page 12 of 18
← Previous
Next →