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COMING UP:Share Opener Variant 1

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Transcript

00:00:02
>> As Republicans on Capitol Hill try to put the failure of repealing Obamacare behind them and focus on tax reform, Democrats say they're ready to help, but there's a catch. In a letter to President Trump and GOP leaders, Democratic leader Chuck Schumer says his party is willing to help as long as tax reform doesn't involve tax cuts for the wealthy.
00:00:20
Or any expansion of the federal deficit, among other conditions. Capitol Hill correspondent David Morgan.>> The Democrats demanded some things that Republicans are very unlikely to go along with. They said that they want Republicans to give up their strategy of trying to get to a position where they can pass tax legislation on their own without Democratic help.
00:00:41
And they also said that they want to ensure that tax reform does not expand the federal deficit. Because they feel that if it were to do so it could erode the solvency of entitlement programs like Social Security and Medicare.>> The Democrat's letter appearing just as bipartisanship appears in the air.
00:01:01
The Daily Beast reporting Tuesday that new White House Chief of Staff John Kelly reached out to both Schumer and House Minority leader Nancy Pelosi over the weekend. And Senate Finance Committee Chairman Orrin Hatch telling Reuters Monday Democratic support might be necessary to insure tax reform succeeds.>> It's hard for me to venture to say what it's gonna take to bring the Democrats on board.
00:01:26
But I think we can get them on board.>> The Democrats want bipartisanship on their terms, Republicans would like to see bipartisanship on their own terms. I believe that that's where Senator Hatch was coming from. However Democrats in the Senate view Senator Hatch as a lawmaker who is sincere about bipartisanship, who actually wants to get a bill that Democrats and Republicans can support.
00:01:53
>> The Senate is not expected to take up tax reform until after Labor Day.