One of the things they do is to provide more certainty to businesses by having the business tax cuts extended for a longer period of time. But that doesn't reduce all of the fact that They have $1.6 trillion in mandatory savings in the bill that more than pays for the additional tax relief. that is provided and any spending in the bill. So this is a net deficit reduction in this bill and it's something that is fiscally responsible. $1.6 trillion in mandatory savings. (01:34–01:42)
CLAIM
Asserts that the bill includes $1.6 trillion in mandatory savings.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
