Quantcast
Connect with us

Ali Velshi befuddles GOPer by dropping fact bombs on tax plan: ‘That stuff the president says is not true’

Published

on

Ali Velshi speaks to John Hoeven (MSNBC/screen grab)

MSNBC host Ali Velshi on Tuesday explained to Sen. John Hoeven (R-ND) that assumptions Republicans are making in their tax reform plan are not based on facts.

During a Tuesday morning interview, Velshi pointed to a “very strange” claim made by President Donald Trump’s administration, that cutting corporate taxes results in individual families “getting between $4,000 and $9,000.”

ADVERTISEMENT

“It’s very hard for us to do the math to back that up,” the MSNBC host noted.

Hoeven argued that Republicans are “using very conservative assumptions” to make that claim.

“What we’re already seeing with the regulatory relief is the GDP in our country is already up to 3.1 percent,” Hoeven said.

“It’s 2.2 percent,” Velshi interrupted.

“But it’s consistently been coming up,” Hoeven replied. “And now when you combine that with tax relief, you’re going to see stronger economic growth.”

ADVERTISEMENT

“I just need to correct you there, Senator,” Velshi interrupted again. “The longterm — for 30 years or something — it’s been 2.1 percent or 2.2. That stuff the president says, it’s not true.”

Hoeven answered by reaching back to World War II for a time when economic growth was over 3 percent.

But Velshi wouldn’t let him finish.

“We generally divide that up,” the host said. “We end it in 1970 because we were building highways and we were busy building the roads [before 1970]. When you think about 1970 to now, it’s 2.1 percent, sir.”

ADVERTISEMENT

“That’s the point!” Hoeven insisted. “We want to get that growth rate up.”

“But you understand that during the war and 1970 we were building the U.S. highway system,” Velshi said. “We were creating all sorts of infrastructure. We build no federal infrastructure now in the United States at all. We were sort of shoring up the rest of the world.”

ADVERTISEMENT

“What’s the driver?” Velshi added. “No taxes never drives growth. There’s got to be something that actually drives economic growth.”

Watch the video below from MSNBC.


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

2020 Election

Trump officials could face criminal charges for USPS sabotage — and the president may not be able to pardon them

Published

on

Members of the Trump administration could face legal jeopardy over efforts to sabotage U.S. Postal Service operations to interfere with the 2020 presidential elections.

"Rep. Bill Pascrell, Jr. (D-NJ) made a criminal referral to the New Jersey Attorney General on Friday night, asking him to impanel a grand jury to look at possible breach of state election laws by President Trump, Postmaster General Louis DeJoy and others for 'their accelerating arson of the post office,' he said. Alarming headlines have emerged in recent days as many states prepare to facilitate widespread mail balloting due to the coronavirus pandemic. President Trump openly admitted he was withholding federal aid from the postal service to prevent mail-in voting, and USPS has notified 46 states and D.C. that it will struggle to deliver some mail ballots on time," The Daily Beast reported Friday.

Continue Reading

Breaking Banner

Maddow reveals how one state stood up to Trump’s USPS cuts — and won

Published

on

MSNBC anchor Rachel Maddow's opening segment on Friday focused on a positive story of political pressure stopping one of the Trump administration's attacks on the U.S. Postal Service.

Maddow reported how NBC Montana reporter Maritsa Georgiou had doggedly reported on the removal of postal boxes in Missoula, where she is based. Missoula has been a long-time Democratic Party stronghold.

Montana has a competitive U.S. Senate election in 2020, with Democratic Gov. Steve Bullock challenging first-term Republican Sen. Steve Daines.

As Georgiou chased the story, she learned there were also plans to remove boxes in the battleground of Billings. And more planned for the blue town of Bozeman. And other towns.

Continue Reading
 

2020 Election

Pepsi joins the chorus of people dunking on Tucker Carlson over Kamala Harris

Published

on

The Pepsi soda company mocked Fox News personality Tucker Carlson on Friday evening.

On Tuesday, Carlson flipped out after a guest attempted to teach him how to pronounce the name of Sen. Kamala Harris (D-CA), who is running for vice president on Joe Biden's ticket.

Video of the exchange was posted on Twitter by Nikki McCann Ramirez, a researcher at the watchdog group Media Matters for America.

Tucker Carlson loses it when a guest corrects his pronunciation of Kamala Harris's name pic.twitter.com/1fHIrPGuwN

Continue Reading
 
 
You need honest news coverage. Help us deliver it. Join Raw Story Investigates for $1. Go ad-free.
close-image