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Ryan: Majority in Congress want to protect young immigrants

17 September 2017

Speaking in an AP Newsmaker interview, Ryan said he believes the president "made the right call" when he announced he would give Congress six months to figure out what to do with former President Barack Obama's Deferred Action for Childhood Arrivals program before dismantling it. DACA has given almost 800,000 young people protection from deportation and the right to work legally in the country.

"At the end of the day, I looked at talking to President Trump, I saw in him a real comfort and a whole demeanor that was easy and comfortable", Manchin said of the meeting.

But legislators have not said what tax breaks they plan to eliminate to offset the revenue lost from steep tax rate cuts, which some economists have said could reduce government receipts by more than $5 trillion over 10 years.

The model for this effort - cited by Trump, House Speaker Paul Ryan and other GOP leaders - is of course the historic tax-reform bill signed into law by President Reagan back in 1986.

It's become increasingly apparent that there are two simultaneous, contrary tracks running on tax reform.

"Tax reform should not be revenue neutral", he said in a speech. Ryan and tax-focused Ways and Means Committee Chair Rep. Kevin Brady (R-TX) spent the week reassuring Republicans that their tax cuts would be permanent and as deep as possible. There has also been talk in the Senate about increasing tax rates on capital gains and dividends.

TRUMP: If you look at some of the greatest legislation ever passed, it was done on a bipartisan manner.

But even with those changes, analysts said it was not clear top earners would end up paying more overall, partly because Trump has also proposed cutting the top individual tax rate.

Taxes are now front and center in Washington.

In Wednesday morning tweets, Trump promised "the biggest Tax Cut & Tax Reform package in the history of our country" and urged Congress to move fast.

Trump Declines to Release List of His Visitors at Mar-a-Lago
State Department official to the Secret Service, asking them to allow these 22 people onto Mar-a-Lago grounds during Abe's visit. Trump's habit of visiting his properties has generated newfound public interest in who patronizes those establishments.

Manchin said he felt lowering taxes would help with the national debt because he said he felt it would make the nation more competitive.

Ryan said, "There is no agreement".

House Speaker Paul Ryan on Wednesday said deporting hundreds of thousands of young immigrants brought into the country illegally is "not in our nation's interest", as he and President Donald Trump prepared to huddle with top Democrats to try to hash out a legislative fix. The border wall that Trump campaigned on would not be part of this deal, both sides agreed.

KELLY: What is the major sticking point if you had to point to one?

In the Wednesday call, Manchin said Trump reiterated to the group of senators that his plan would not amount to a tax cut to the wealthy and would instead benefit middle-class people.

BRADY: So I think we're getting very close.

"Voters, frankly, after these huge deficits, are saying, 'Well, how much do deficits really matter?'" said former Pennsylvania Sen. "Now it might not work out".

It's a far cry from the Newt Gingrich-led GOP revolution that stormed Washington two decades ago with a mandate to balance the budget and cut taxes at the same time.

Trump blindsided Republican leaders last week by striking a deal with Schumer and Pelosi on the US debt limit and federal spending for three months.

Prior to becoming House speaker, Ryan had a long record of pushing for immigration reform, including supporting a path to eventual citizenship for all 11 million immigrants estimated to be living in the US illegally, and particularly those referred to as "Dreamers". That's the six senior policymakers leading the tax overhaul effort. They're going to say: "This produces so much growth".

Ryan: Majority in Congress want to protect young immigrants