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WALLACE: Let me talk to you about another aspect of this, which is you've got a lot of opposition inside the Democratic Party. And in the House, you can only lose three votes. In the Senate, you can't lose any votes and pass this measure.Moderate Democrats in the House are saying they will not vote for this package unless that you're willing to lift the cap on deductions for state and local taxes. And then you've got people on the left who say this isn't big enough. Take a look at Alexandria Ocasio-Cortez this week.
REP. ALEXANDRIA OCASIO-CORTEZ (D-NY): We're the wealthiest nation in the history of the world, so we can do $10 trillion.
WALLACE: Are those negotiable, not $2 trillion, $10 trillion, the cap on deductions for state and local taxes?
DEESE: Look, we've said we want to hear people's ideas and this is the beginning of the process. We were just talking about how to pay for it. Those are both ideas that would cost more, so we would want to hear all people are thinking about how they would offset those ideas.So what I would say is the -- this is a good faith effort. We want to hear people's ideas. We think that investing about $2 trillion over this period would make a huge difference.You look at just the analyses we've seen this week, Moody's suggests it would create 19 million jobs. Goldman Sachs is projecting more than 7 percent growth this year if we passed the investment and the corporate tax plan.So we think we have a real opportunity to do something big here and we've got to get into that and listen to people's ideas and that's something we're going to be open to.
WALLACE: Well, we got a lot of time to discuss it -- you and Congress and us on this show. Brian, thank you. Thanks for your time this weekend. Please come back.
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