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I think that that's that's the summer athletic -- keep talking about it now for more on the debt ceiling of whether a budget deal can indeed be reached in this volatile political climate we got joined by former CBO director president of the American action.
-- -- -- -- -- -- I mean honestly I guess that doesn't seem to be that sense of urgency this time around to get this debt ceiling issue addressed as rich.
And it's and just reported may be.
Sometime in early September when we really have to do that take action on this what will the Republicans tried to do you think I know -- trying to formulate their approach here but we've heard of tax reform -- -- reform.
Maybe some concessions on Obama -- we've got the Keystone Pipeline thrown it.
Bottom line are we gonna get any deal.
I you have to get a deal because you have to raise the debt ceiling the trouble is that.
Even when there was a great sense of urgency and that's gone away with some good news reports on the budget.
The stonewalling by the Democrats on that reform was very real and there was no such progress made so.
Now Republicans I think -- are -- to recognize that.
Better economic growth will improve the budgets and anything they can attach the debt ceiling that improves growth whether it's.
Regulatory reform or more rapid energy production or tax reform then that should count toward improving the budget outlook and that should be tested and that's him.
And with regard to tax reform -- does does does the scandal at the IRS -- anymore.
-- to the Republicans pull those that want to across the board -- -- that this very very.
You know onerous tax code.
I don't think so I think that if you look in the public polling people are by and large sympathetic to the fact that the -- -- -- -- A broken tax code.
They are concerned.
About with the clear violations.
Of the impartiality of the IRS they want to know.
How many people were involve the wanna know why it got ordered to be done all those -- will come to light.
I don't think it affects tax reform -- the only thing it really affects.
Is in fact obamacare where.
A a program that is probably impossible to influence successfully you know -- to -- through an IRS that that is under a lot of scrutiny and they they want to hire new people doing that that's going to be tougher.
You know we hear all the time -- -- reform many Democrats say absolutely this thing is it's broken.
They get nothing gets done -- say anything that's tangible you think that can happen this year with regard to entitlement reform.
I think Republicans have to look at this as a series of opportunities for small improvements in policy what we're not going to get a radical revision to Medicare.
It's desperately needed we will see big fix Social Security.
But in the context of a debt ceiling increase you can get about a year's worth 600 billion dollars worth of reforms and and that's something that's important to try to get your hands on.
They're also dugout I know one of -- 111 top.
Economists who signed the lead.
Broad based immigration reform -- why.
What's the most key aspect of that in your opinion.
All of that is essential opportunity is to use immigration reform as a tool of economic policy.
What we clearly need to have better growth policies where were in -- five very bad recovery and millions of Americans out of work.
If we choose our immigration reform carefully and there are elements in the senate bill already that change from immigration on the basis of family relationships and political asylum and said.
Do on the basis of economic merits skills and productivity we can grow more rapidly and can and -- letter was really a reflection of the fact that economists.
Recognizes opportunity and hope that the congress takes it.
Does it give the estimated eleven million illegal residents in this country up halfway to citizenship.
Do you agree with that.
It certainly gives them way to earn legal status and they would have to pay penalties learn English and and certainly.
Fact that they have done things wrong at that point there are some who simply will never.
Remain in the United States they will have felonies they'll have misdemeanors.
That are too severe to allow them to remain.
But they'll be a fraction they can have a path forward -- long and arduous path they have to stay employed for ten years at a job that.
Pays more than a 125% of the poverty line but -- be a good thing if they could make it down that journey.
Very interesting stuff Doug Holtz Aiken -- thank you so much for joining us thank you.
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