WMAL Interview - LARRY KUDLOW - 05.02.17

INTERVIEW — LARRY KUDLOW – CNBC Senior Contributor and host of The Larry Kudlow Show on WMAL Saturdays at 7 pm and author of “JFK and the Reagan Revolution: A Secret History of American Prosperity”

BUDGET: Conservatives fume over ‘complete’ spending concession to Democrats. (Washington Examiner/Susan Ferrechio) — Conservatives are blasting the five-month, fiscal 2017 spending deal written by Republicans and Democrats as nothing short of a “cave in” by the GOP despite its control of both the House, Senate and White House. The deal, conservatives say, will make the fiscal 2018 spending process even more difficult. The $1 trillion bill “does little more than kowtow to liberal Democrats and so-called moderate’ Republicans,” Jason Pye, policy director for the conservative FreedomWorks advocacy group, said Monday.
TRUMP TAX PLAN: Economist Larry Kudlow praised President Donald Trump’s proposed tax plan Sunday, calling it a “home run.” (Breitbart) — Economist Larry Kudlow praised President Donald Trump’s proposed tax plan Sunday, calling it a “home run.” “They’re going with the campaign tax-cut plan that Steve Moore and I and Steve Mnuchin and Steven Miller and others worked on for many many months to slash business tax rates. I can’t think of anything better for business, better for wage earners, better for economic growth than Trump’s 15 percent tax cut plan. I just think it’s terrific,” Kudlow told John Catsimatidis on his New York AM 970 radio show “The Cats Roundtable.” “I think it’s a home run,” he added. “I know there [were] disputes about it and there were contradictory statements made in recent weeks, but we won. I think this is a terrific victory for the president. He set a marker on tax reform and economic growth.”