Senator James Lankford: Individual Mandate A Tax On Low-Income People | Morning Joe | MSNBC

Senator James Lankford: Individual Mandate A Tax On Low-Income People | Morning Joe | MSNBC
    >>> WE'RE OPTIMISTIC THAT INSERTING THE INDIVIDUAL MANDATE
    REPEAL WOULD BE HELPFUL, AND THAT'S OBVIOUSLY THE VIEW OF THE
    SENATE FINANCE COMMITTEE REPUBLICANS AS WELL.
    >> HEALTH CARE IS BACK. THAT WAS SENATE MAJORITY LEADER
    ANNOUNCING A PLAN TO INCLUDE A REPEAL OF THE INDIVIDUAL MANDATE
    TO HELP PAY FOR THE SENATE TAX REFORM BILL.
    IT COMES JUST A DAY AFTER PRESIDENT TRUMP CALLED FOR THE
    MOVE. SENATE INTELLIGENCE AND
    APPROPRIATIONS COMMITTEES, REPUBLICAN SENATOR JAMES
    LANGFORD OF OKLAHOMA. THANK YOU VERY MUCH FOR BEING ON
    THE SHOW THIS MORNING. >> GLAD TO BE WITH YOU.
    GOOD MORNING. >> IS THIS GOING TO MAKE IT MORE
    DIFFICULT TO GET THIS PASSED NOW WITH THE HEALTH CARE ELEMENT?
    >> I DON'T THINK IT WILL, ACTUALLY.
    HAVE YOU PRETTY STRONG AGREEMENT AMONG REPUBLICANS THAT WE DON'T
    LIKE THE INDIVIDUAL MANDATE. THE REASON IS THAT IT'S A TAX
    PUT DIRECTLY ON PEOPLE THAT CAN AFFORD IT THE LEAST.
    IN MY STATE IN OKLAHOMA, 81% OF THE PEOPLE WHO PAY THE
    INDIVIDUAL MANDATE TAX MAKE LESS THAN $50,000 A YEAR.
    THIS WAS A TAX THAT INTENDED TO PUSH PEOPLE TO BUY INSURANCE BUT
    IT'S THE PEOPLE THAT CAN AFFORD IT THE LEAST.
    >> SAM STEIN? >> TWO QUESTIONS ACTUALLY ON THE
    BILL. ONE, AS I UNDERSTAND IT, THE
    CORPORATE TAX CUTS IN THE SENATE BILL WILL BE PERMANENT.
    >> THAT'S CORRECT. >> BUT THE INDIVIDUAL TAX CUTS
    WILL EXPIRE AFTER TEN YEARS FOR PURPOSES OF SATISFYING
    PROCEDURAL ELEMENTS THAT REQUIRE THAT YOU CAN'T HAVE IT PAST TEN
    YEARS. WHY SHOULD CORPORATE TAX CUTS BE
    PERMANENT BUT INDIVIDUAL TAX CUTS LAPSE AFTER TEN YEARS?
    >> VERY SIMILAR TO WHAT HAPPENED IN 2001.
    IN 2011 THERE WAS A RENEWAL OF THAT TAX.
    IN 2001 CONGRESS DID THE SAME THING, THROUGH RECONCILIATION.
    THOSE RATES WERE ALL EXTENDED IN 2011 THEN FOR THE INDIVIDUAL.
    >> YOU IMAGINE THESE INDIVIDUAL RATES WILL BE EXTENDED AFTER TEN
    YEARS? >> I WOULD HOPE THAT THEY WOULD,
    ACTUALLY. THOSE SHOULD STAY VERY
    CONSISTENT. >> WHICH BRINGS TO MY SECOND
    QUESTION. YOU WARNED AGAINST CONCERNS
    ABOUT THE DEBT AND DEFICIT AS RECENTLY AS YOUR "MEET THE
    PRESS" APPEARANCE. IF THE CORPORATE RATES REMAIN
    REDUCED PERMANENTLY, HOW DOES THAT SATISFY YOUR CONCERNS ABOUT
    RISING DEBT AND DEFICIT IF PAST THE TEN-YEAR WINDOW THEY'LL
    CONTINUE FOR AS FAR AS THE EYE CAN SEE?
    >> NOT AS RECENTLY AS "MEET THE PRESS" BUT AS RECENTLY AS
    YESTERDAY I BROUGHT THIS UP WITH MY COLLEAGUES.
    IT'S EXTREMELY IMPORTANT WE FOCUS IN ON THIS.THIS.
    TEN YEARS FROM NOW WE'LL HAVE A DIFFERENT LOOK OF WHAT'S
    HAPPENING AND WHERE WE ARE WITH ECONOMIC GROWTH, EVALUATE IT AND
    MAKE THE DECISION AT THAT TIME. YOU CAN'T GUESS WHAT THE TAX
    RATE IS GOING TO BE IN A COUPLE OF YEARS.
    IF YOU DO, YOU PULL BACK AND DON'T INVEST.
    THAT MEANS JOBS DON'T GROW, YOU DON'T HAVE GROWTH IN THE ECONOMY
    AND PEOPLE DON'T HAVE HIGHER WAGES.
    WE HAVE TO CREATE SOME KIND OF CURRENCY.
    WE'LL EVALUATE THE ECONOMY TEN YEARS FROM NOW.
    WHOEVER IS AT THE HOUSE AND THE SENATE AT THAT POINT AND HAVE TO
    EVALUATE IT. WE HAVE TO HAVE CONSISTENT
    SPENDING OR WE'LL NEVER GET ON TOP OF THE DEBT AND DEFICIT.
    >> MIKE? >> REPEAL OF THE INDIVIDUAL
    MANDATE, AND THE SALT ASPECT, STATE AND LOCAL TAX REVENUES,
    WHAT'S THE RESULT OF THAT WITHIN THE SENATE BILL?
    >> STATE AND LOCAL TACKS IN THE SENATE BILL ARE NOT AGREED TO AT
    ALL. WE SET THOSE COMPLETELY ASIDE.
    THE HOUSE ACTUALLY TOOK THE STATE AND LOCAL TAX AND SAID
    WE'RE NOT GOING TO AGREE TO STATE INCOME TAX, LOCAL TAXES
    BUT WILL ALLOW THE PROPERTY TAX TO BE IN THERE.
    IT WILL BE A NEGOTIATING POINT BETWEEN THE HOUSE AND SENATE
    DURING THE CONFERENCE COMMITTEE. WOULD IT BE POSSIBLE THAT IT
    GETS INCLUDED BACK IN THAT DURING NEGOTIATIONS?
    YES, IT'S ENTIRELY POSSIBLE. WE WANT TO BE ABLE TO SET THIS
    OUT AS A PARAMETER AND BE ABLE TO -- AS FAR AS THE POLITICS OR
    ECONOMICS OF THE INDIVIDUAL MANDATE IT'S A LITTLE BIT OF
    BOTH ACTUALLY. CLEARLY PEOPLE AROUND THE
    COUNTRY THAT ARE PAYING THIS FINE THAT MAKE LESS THAN $50,000
    EACH YEAR, IT'S ECONOMICS FOR THEM PERSONALLY.
    THERE IS A POLITICAL ASPECT, AS THERE IS WITH EVERYTHING IN THIS
    TOWN, TO SAY WE'RE MAKING PROGRESS ON THE PARTS THAT'S
    MOST TOXIC TO INDIVIDUALS. THIS DOES REMOVE THE FINE FOR
    PEOPLE WHO CAN'T AFFORD IT. >> THE ESTIMATES ARE BECAUSE YOU
    WILL HAVE FEWER HEALTHY PEOPLE IN THESE EXCHANGES BECAUSE
    THEY'RE NOT COMPELLED TO BUY INSURANCE BY THE MANDATE THAT
    THEY'LL BE STUCK WITH SICKER PEOPLE AND INSURERS WILL HAVE TO
    RAISE PREMIUMS, ESTIM ESTIMATED 10%.
    ARE YOU COMFORTABLE WITH A BILL THAT WOULD FACILITATE A JACKING
    UP OF PREMIUMS BY 10% IN ORDER TO HAVE A PERMANENT CORPORATE
    TAX CUT? >> I AM LOOKING AT ALL THE
    ASPECTS OF IT. THOSE ESTIMATES OF PEOPLE SAYING
    IF YOU DON'T HAVE THE MANDATE PEOPLE AREN'T GOING TO BUY THE
    PRODUCT. PEOPLE THAT ARE GETTING THE
    SUBSIDIES ARE ON THE PRODUCT. THEY'RE ALL RECEIVING THAT.
    PEOPLE THAT CAN'T AFFORD IT, THEY DON'T WANT TO ALSO PAY THE
    FINE. YOU HAVE TO MAKE A DECISION FOR
    BOTH INDIVIDUALS. ARE WE GOING TO TALK ABOUT FOR
    THE GOVERNMENT AS A WHOLE OR TALK ABOUT THOSE INDIVIDUALS
    THAT ARE HARMED BY THIS. 81% OF PEOPLE THAT PAY THIS FINE
    IN MY STATE MAKE LESS THAN $50,000.
    THEY CANNOT AFFORD THE INSURANCE AND THEY CAN ALSO NOT AFFORD THE
    FINE. THEY'RE LOOKING FOR SOME WAY TO
    GET INSURANCE AND HAVE IT, NOT JUST HAVE A FINE AND STILL HAVE
    NO INSURANCE. >> SENATOR, BEFORE YOU GO, WE
    WOULD LOVE TO HEAR YOUR VIEWS ON THE SITUATION WITH ROY MOORE,
    ESPECIALLY AS NEW INFORMATION SEEMS TO BE DEVELOPING BY THE
    HOUR. >> RIGHT.
    OBVIOUSLY, INCREDIBLY SAD FOR THOSE GIRLS THAT WERE AFFECTED
    DURING THAT TIME PERIOD, THEIR FAMILIES AND THE NATION.
    PEOPLE OF ALABAMA ARE HAVING TO MAKE A DECISION ON SOMEONE WHO
    HAD IMMORAL BEHAVIOR OR SOMEONE THEY DON'T LIKE THEIR POLITICS
    ON. >> SHOULD HE STEP OUT OF THE
    RACE? >> I DO BELIEVE THAT HE SHOULD,
    ACTUALLY, AND SHOULD GIVE THE PEOPLE OF ALABAMA A BETTER
    CHOICE TO BE ABLE TO GO THROUGH THIS NEXT PROCESS.
    I AM PLEASED TO BE ABLE TO SEE THAT THE NATION, THOUGH, IS
    TALKING ABOUT MORAL ISSUES AND TRYING TO HOLD LEADERS TO A
    HIGHER ACCOUNT. THAT'S A POSITIVE THING FOR OUR
    NATION. I THINK THAT SHOULD CONTINUE,
    WHETHER THAT'S IN HOLLYWOOD WITH ALL THE HARASSMENT BEING EXPOSED
    NOW, CAPITOL HILL. >> MEDIA.
    >> MEDIA, ANYWHERE IT MAY BE. IF AMERICANS HOLD EACH OTHER TO
    A HIGHER STANDARD THAT IS HELPFUL TO US LONG TERM.
    PAINFUL IN THE PROCESS OF GOING THROUGH IT, BUT HELPFUL LONG
    TERM. WE WANT TO SET A HIGHER
    STANDARDS FOR OUR KID. >> COULDN'T AGREE WITH YOU
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