Steve Bannon: “You can't extend the tax cuts for the top upper bracket.”

“I think President Trump and Besson are focused on that. To get to three, three and a half percent, there's going to be a gap. That gap has to come from the wealthy. You can't extend the tax cuts for the top upper bracket. You can't. The math just doesn't work. And that will be the first time we're putting them on notice because I tell people just in doing that, we'll bitch slap them to say, you've got to be a partner in getting this thing under control.” (46:34–46:39)

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.