Office Hours with Jason Furman 8/02/11

Jason Furman, Principal Deputy Director of the National Economic Council, responds to your questions on Twitter with the hashtag #WHChat after Congress approves a compromise to reduce the deficit and avert default that would have devastated the economy.

  1. Office Hours w/ Obama's economic advisor Jason Furman start @ 4ET. Ask your questions on the #debt deal & economy w/ #WHChat.
  2. Hello, Jason Furman here and looking forward to your questions, #WHchat.
  3. Did any of the tax loopholes for the rich get closed or did they win this debt deal? #WHChat
  4. .@brozm1990: The American people won in this #compromise. Sets up a second stage and we'll be pushing for balanced deficit reduction #WHchat
  5. @whitehouse Why did the President and all the Democrats cave and give Republicans 98% of what they wanted? #WHChat
  6. .@So1omonW1se: No. Both sides #compromise. Rs did not get Medicare vouchers, $1.2T of Medicaid cuts, & over $100b of food stamp cuts #WHchat
  7. @whitehouse Why the heck are we cutting when history shows that only will drive us further into a depression? #whchat
  8. .@kkyarb: Cuts phased in over time, critical protections for Pell, but need more on jobs: payroll tax cut, UI, infrastructure #WHchat
  9. @whitehouse Since this is a done deal for the moment, could we please take the rest of the week off from hearing anymore about it? #WHChat
  10. .@StabbyCerberus: WH economic team not taking the week off, working hard on jobs ideas, also building on this deficit downpayment #WHchat
  11. @whitehouse Who is appointing the mbrs of the Debt Super Committee? and When will we see the names? #whchat
  12. .@charlee1114: Each Congressional leader (Boehner, Reid, Pelosi, McConnell) appoints 3, so = Ds & Rs. Law says appts within 14 days #WHchat
  13. Are the "triggered cuts" from "super congress" failure basically what the TeaParty GOP wanted in the first place? #WHchat
  14. .@jasonasmith Triggers are 2 motivate supercommittee, if it succeeds doesn't happen. Cuts r 50-50 defense & nondefense, motivate all #WHchat
  15. Dream situation, Jason, what would your ideal tax reform look like? #WHChat
  16. .@kayakyakr: Simpler, better for growth, progressive, rest of details are more than 140 characters... #WHchat
  17. Ha, fair enough, knew it needed a long answer when I asked. Hope you can get it done! RT @whitehouse: rest more than 140 chars #WHchat
  18. #whchat Medicaid supports the quality of life for those w/dvlpmental disabilities. How is Medicaid affected by this new deal?
  19. .@SibsNY: Medicaid not cut by this agreement. Not in the initial about $1 trillion of deficit reduction. Not in the trigger. #WHchat
  20. .@joshuaj13: This deal will help by removing cloud of uncertainty. But much more to do, especially on jobs. #WHchat
  21. #WHchat what's up with FAA? We're losing $1.2 billion in tax revenue while Congress vacations, and the airlines are pocketing it.
  22. .@Ryan__McLeod: POTUS called on Congress on FAA in his remarks today, terrible to leave with 1000s on furlough and investments cut #WHchat
  23. Can the bi-partisan committee impose revenue increases? #whchat
  24. .@SpencerGWelch: Yes, bipartisan committee can propose spending or revenue. Everything on table. POTUS pushing for balanced approach #WHchat

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