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Reaction to the president's spending -- favorites.
-- -- the most amount of disagree we've seen from Democrats has been on the president's proposals dealing with what's called -- CPI it's basically slowing the growth.
In benefits like Social Security over time for the most part the reactions from the hill.
Democrats like it Republicans do not House Minority Leader Nancy Pelosi say the president has made it clear that this budget.
Is -- offered compromise to Republicans -- what she wants Republicans to step up and kind house speaker John Boehner says the president already got its tax hikes in January.
And he also says the president has backtracked.
On entitlement reforms he had offered the president is requesting closing 580 billion dollars worth of tax loopholes -- deductions.
And what does that do to tax reform it's something that we had an exclusive interview with the house Ways and Means Committee chairman Dave Camp.
And -- he says when it comes to the debt ceiling he's going to use that venue to fight for tax reform.
Well it could be I think used for -- any avenue to advance tax reform on I'm on that street.
And it could be an opportunity certainly to get the kind of process and procedures to move tax reform through the congress.
I think -- very difficult to have a tax reform bill just deposited in the debt limit in total but.
Again I think it's an opportunity that I'm gonna pursue.
Camp says at least it's a positive sign that the president put a place holder for corporate tax reform.
In his budget proposal but he acknowledges the two sides are incredibly far -- president ask you from -- a trillion dollars in new revenue taking.
Almost 600 billion dollars in new revenue from closing those tax preferences that Republicans want to take any preferences.
Eliminate or reduce them but -- use that.
To lower rates for a long -- -- here back to you certainly.
-- rich thank you very much well a new report shows us some community banks won't exactly honest intent.
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