Sen. Toomey: Doubtful Manchin Bill Will Reduce Deficit

The transcript discusses skepticism about a bill's effectiveness in reducing the deficit, focusing on corporate tax increases and price controls on drugs. It questions the political motivations behind the permitting process and highlights concerns about economic impacts, particularly on manufacturers. The discussion also critiques budget gimmicks and IRS enforcement strategies, emphasizing the need for proper tax collection without harassing small businesses.

What skepticism does the speaker express regarding the deficit reduction claims of the proposed bill?

In what ways does the speaker suggest that IRS enforcement could be improved?