you can drop the rates to 15 and have a tremendous deficit or you can drop it to 20, 18, 17, whatever you drop it to you still have to be able to come up with ways so the deficit doesn t explode. that s another big issue. bill: you have to get the votes. you have to get the votes. president trump: the white house never looked for beautiful than last night. important meetings taking place today. big tax cuts and reform. mark short said this to chris wallace on taxes. what the president is doing is eliminating all the deductions that most often the wealthy take advantage of. many others don t get the chance. our tax code picks winners and losers. by getting rid of the deductions people with higher income have to pay more taxes and. what are the deductions that will go out? keep in mind the blueprint already had a lot of deductions being eliminated on the individual side. the ways and means and republican blueprint.
tomorrow, we expect a decision tonight whether they are actually going to move forward. at this point it is still touch and go, greta, whether republicans will have those votes in the face of a unified democratic opposition here in the house. mike, thank you. with me syndicated columnist george will. george, what do you think? we know exactly where the $8 billion will come from. it s where we get all our money, from people who bought treasury bills will borrow it. this is about numbers and deficits and the deficit doesn t really matter. the republicans have one great political problem. through four cycles, 10, 12, 14 and 16, they said we re going to repeal obamacare. now they are talking about waveers and exemptions, and congressman massy, libertarian republican, member of the freedom caucus from kentucky asked a salient question. you re granting waivers. what are you granting it from? the structure is still there, which bothers people it s hard to think of this as anything but o
spending but the deficit doesn t scare you. but the taxpayers pay for the interesten the deficit. rather than pay interest on the government discovering new programs. being back to rick s point, would you prefer genentech and pfizer or merck discover cure for cancer or the government? go ahead, rick. what i prefer is whatever gets the job done. ask genentech let me finish. you asked me the question. ask genentech how much of what they accomplished has been with the assistance of the government funds. david: emac. in social economies you don t see the major american brands like we have there, the soft economic power. you don t see it in china or socialist countries. there is a reason for that, because of the private sector. david: that is the last word. coming up, kistone pipeline project like this going to become endangered suspicious? what a new report says about the pipeline that could shut
we are bankrupt. we are over. bob: we re fine. we re fine. andrea: we are done. at least carter tried. jimmy carter tried. kimberly: oh, my gosh, we got to that point yet? bob: i don t think we are broke. there will be a deal and it will bring enough money in to get us below to fall. this is biggest economy in world. we can handle a deficit like this. we ll be fine. g with that logic if the deficit doesn t matter why raise taxes? we don t need revenue, as they call it re-knew, our money, is deaf if its don t matter. we could keep spending. have it both ways. bob: it matters at $20 trillion. that s when state-of-the-arts tit starts tomatter. andrea: we are at 17. bob: it will come back down.
more or tax less in certain designated areas. and in doing so, the debt has risen since in the 1980s. money in politics has increased the debt, no doubt in my mind. congressman, this is jimmy williams. when dylan and i started back in august the foundation called get money out. we merged with some guys some guys? found them on the street? no, they re really smart guys. they came to us and said, we ve got to have a left/right/center coalition of folks who want to get money out of politics. you re a democrat, i m a democrat. how do we go and get republicans to be for this issue? this is important. it s got to be bipartisan. you re the bipartisan policy center. how do we do that? well, first place, the public has got to demand it. they ve got to know what impacts their lives. the debt and deficit doesn t happen out of the blue. it happens because interest