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“On the prime are immigration, commerce, taxes, reforming authorities. I feel all of these doubtless fall above this subject. The problem – and we’ve been by means of this train a few occasions over the previous 16 years – is that it’s actually sophisticated, and it’s a few hundred billion {dollars} when it comes to the fairness stakes in these enterprises.”
Stakes are just too excessive to threat approaching the difficulty with an ill-thought-out plan, Fratantoni mentioned, with lots that might go unsuitable in that case.
“It’s a six-trillion-dollar-plus market, so that you don’t wish to mess this up,” he mentioned. “You wish to do it very cautiously and methodically. And the draw back of getting it unsuitable is de facto terribly dangerous.
“There’s an upside of getting it proper – there are some advantages – however I feel it will take the total consideration of the Treasury Secretary, of oldsters within the White Home to get this achieved and so it’s going to rely on what occurs with these different priorities and whether or not they have sufficient time and power to concentrate on this actually advanced endeavor.”
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