host: maya mcguiness. macguineas. guest: first of all he said left -- the thing about fiscal responsibility is it has nothing to do with the size of government. you can be a big government fiscally responsible person or a small government fiscally responsible person. i think it is a principle we should be able to agree on. the problem is oftentimes fiscal responsibility is used as defense. 130 talks about it to keep the other party from an acting the resolution -- enacting the resolution date pursue. resolution may pursue. if you want a smaller government and lower taxes, you don't get that by lowering taxes, you get that by cutting spending and we are very open and supportive of cutting spending. unfortunately it is one thing we haven't heard about much at all. hegrover really wanted what said he wanted, he would put out a pledge that says no new spending. we continue to have a government that spends more and more because they don't want to pay their bills and they want to pay for fewer things. that means anybody tha

maya mcguiness, president of the committee for a responsible federal budget will talk about the cost of the republican tax plan. watch c-span's washington journal, live at 7:00 eastern monday morning. join the discussion. ♪ night on the communicators. completelyopen up a new wave of innovation in the market. you will get extremely fast speed, see you can use 100 times with you use on your smart phone or your tablet. senior vice president talks about competition in the wireless industry, net neutrality, and 5g deployment. she is every by technology reporter margaret harding mcgill. >> you think the u.s. has the right -- the regulatory framework for 5g and making sure we are first in getting it out there? >> we have done a good job on spectrum. opened of high-frequency millimeters spectrum for the industry. we have done a good job on fiber. we have private industry doing a good job getting fiber out to where it needs to be. we could work on the infrastructure part. in order to get 5g to the homes the way i described, we need to put a lot of different small fills all over the country, m

host: maya mcguiness. macguineas.uest: first of all he said left -- the thing about fiscal responsibility is it has nothing to do with the size of government. you can be a big government fiscally responsible person or a small government fiscally responsible person. i think it is a principle we should be able to agree on. the problem is oftentimes fiscal responsibility is used as defense. 130 talks about it to keep the other party from an acting the resolution -- enacting the resolution date pursue. resolution may pursue. if you want a smaller government and lower taxes, you don't get that by lowering taxes, you get that by cutting spending and we are very open and supportive of cutting spending. unfortunately it is one thing we haven't heard about much at all. hegrover really wanted what said he wanted, he would put out a pledge that says no new spending. we continue to have a government that spends more and more because they don't want to pay their bills and they want to pay for fewer things. that means anybody that

friday morning, a discussion of the recent republican tax reform plan with maya mcguiness, president of the committee for a responsible federal budget. then research groups talk about the equifax data breach and cent response. concealed carry laws in the u.s. and gun-control efforts on capitol hill. be sure to watch washington journal live at 7:00 eastern friday morning. join the discussion. on friday, a discussion about russian efforts to influence elections in the u.s. and other democracies posted by the center for the national interest live starting at 12:20 eastern here on c-span. >> california representative linda sanchez is our guest this week on "newsmakers." the vice chair of the democratic caucus calls for new leadership in the democratic already -- party. depth ofk we have this talent within our caucus and i do think it is time to pass a torch to a new generation of leaders. i want to be part of that transition and see that happen. i think we have to many great members here that do not always get the opportunity -- i think memberstoo many great that don't always get the opp

public policy strategist at morgan stanley, and maya mcguiness, president of the committee for responsiblelcome to both of you michael, as someone who spends time answering a lot of investor questions on this topic, how did the secretary do in terms of his equity strategy as to what's baked in and what would happen to the markets if they don't get it done? >> our equity strategists disagree there was a handoff in markets in march where you had after trump's election cyclical sectors and midcaps outperforming, and after the first health care vote, skepticism seeped in about the u.s. legislative agenda. we can tell from the clients we talk to and surveys we have done that we think expectations are relatively low around tax reform at the moment. >> what about corporate tax cuts specifically >> i think, again, the expectations are relatively low. it's one of those situations where investors are assuming it's good if we get it not a necessary condition for kind of the macro economic view. from our perspective, looking at potential feedbacks of this, we think the reform on the table isn't necess