Speaking on CNBC
Gary Cohn Director of the National Economic Council is on CNBC talking about tax reform:
- Can pay for entire tax cut through economic growth
- This quarter we will have strange data due to hurricanes
- We think will get above 3% growth with deregulation, taxes
- US growth can be above 3% with tax plan
- Convinced we're in good place to get votes on tax reform
- Tax bill must go through regular order in Congress
- Is heTrump committed to ending carried interest reduction
- 20% corporate tax rate is the highest Trump would go
Cohn is touted as a candidate for the Fed chair position. His comments are nothing new. The challenge will be as they pick the plan apart.
