Balloon Deficit News Today

Think were in globalization or automation, is going to be as disruptive as the industrial revolution. we have to allow them to have health care and put away money for retirement. but also we need to do oversight why this isnt happening. the tax give away, and we saw the balloon deficit as a result. >> no hearings on that either. no hearings on health care. >> one example elijah comings wants to look into the health care cost. if we want to win back some of those voters who voted for donald trump...

Health care. >> i think this is why on the one hand our top priority has to be answering those economic questions, putting forward a positive agenda for the half of the country that is, yes, theyre working but theyre not earning enough to get by or putting anything away for retirement. were in a in economy because i think were in globalization or automation, is going to be as disruptive as the industrial revolution. we have to allow them to have health care and put away money for retirement. but...

House today. one of the things that the tax bill does is increase the deficit by $1.5 trillion. i know the white house has argued that that would be paid by growing the economy. but if the economy doesnt grow, how do you square that with the republican view of or general principle that the deficits are bad? and on a second. >> i disagree with the premise of the question. we do expect the economy to grow. we have stein that happen over the last ten months and we expect that to continue. >> but ar...

George w. bush once called voodoo and so much in 1981 the balloon deficit ballooned. his theory, that cutting taxes will pay for itself as it would unleash economic growth, generating new revenue, a theory president trump is reviving in his new tax proposal. so the man who penned the napkin himself, arthur lather shaking his head at me. also with us, business analyst dylan rattigan. good to have you on. arthur, beginning with you. you served, in addition to all of that, as one of trumps top econ...