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While debating the stimulus package in every corner of the nation's capital but look Eddie House Budget Committee hearing.
The congressional budget director is testifying about the state of the economy.
It's not yet.
This hearing getting under way about a half an hour ago we just got some word.
That some of the Republican leadership in the house is speaking out about this take -- listen.
To house minority leader John there.
We outlined number of changes -- last Friday at the White House.
In terms of how to give American families and small businesses.
More of their money back.
Because again today.
If American families and small businesses have this money they're gonna do good things whether.
Gonna get today there are the ones are going to revive our economy.
Don't know what don't think we've put on the table was reducing tax rates.
We ought to reduce the 15% tax -- down attend.
The 10% tax rate down to five.
This will put more money into the American handsome American families as an example.
A married couple filing jointly public save up of about 3200 dollars.
With just that proposal.
I think on the small business side allowing them to expense more.
Allowing faster depreciation.
And allowing small businesses.
Businesses to take the top 20% of their income.
As a deduction.
That would encourage more investment.
More job creation of our country the -- Well this rumor that's going around that the family planning money might come out -- Clearly a step in the right direction.
But you know that's about 200 million dollars out of an 825.
Billion dollar bill.
It's a step in the right direction but.
Surely not quite know.
I don't know that we're going to negotiate.
Economic recovery bill here.
I'll -- a performer was talking to the president today political we have a very productive conversation thank you thing.
Then there -- added -- house minority leader John Bay Area next to him Mike pence has also been outspoken about problems as they see with the stimulus plan.
Just that you that we just got word that president Obama will be.
To indeed take out of this so called stimulus plan that money for contraception that Nancy Pelosi had defended.
Saying he doesn't think that that should be -- -- -- and in the meantime that -- Mike pence he's out with the white parents screen right.
He heads up their Republican.
In the house he came out said what is fifteen million for the National Endowment for the Arts 200 million plant -- the national mall 400 million for climate change research.
And 200 million for contraception have to do with creating jobs so a compromise that we think on the contraception.
And those readers who shot will meet with the president to see if more ground can be plowed -- latest.
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