FIRST AIRED: May 23, 2017

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00:00:00
president Obama before an audience of business executive on Wednesday called on Congress to eliminate the so called carried interest tax loophole a favorite of Wall Street elite , let your correspondent anti Taliban says the president believes he had new firepower in the debate now you've got several prominent Republican presidential candidates who are also calling for the elimination of the loophole Donald Trump and Jeb bush so Obama now can plausibly say Hey this is a bipartisan notion it not just me over here waving my arms a lot of the leaders of the Republican Party also think that in a good idea , under the current system some compensation for private equity executives and other high taxes capital gains rather than income effectively giving them a tax break , %HESITATION which leads to , %HESITATION folks who are doing very well , and lower rates and their secretaries , %HESITATION is not , the treasury estimates getting rid of the loophole would generate eighteen billion dollars in revenue , which can be used to learn anything from the military public health program , the president wanted added now to an already hot prospect over the budget I frankly would be surprised if I did became part of the budget negotiations , and Republicans have firm control of the house into a large majority in the Senate as well I dare not going to be interested in taking up , how much must come to an agreement for the next years budget by September thirtieth or risk the possibility of a partial government shutdown what would be the second in two years