Deficit Doesnt Matter News Today

Grow because such lost tax revenue is completely recovered. in other words, theyre not paid for. in 2006, bushs treasury secretary hank paulson said as a general rule, i dont believe tax cuts pay for themselves. in 2007, bushs former chief economist wrote to people in the administration. quote, you are smart people. you know that the tax cut have not fueled record revenues. you may not care that tax cuts add to the deficit. you may think the deficit doesnt matter. you may think reducing tax rate...

Tax cuts pay for themselves. in 2007, bushs former chief economist wrote to people in the administration. quote, you are smart people. you know that the tax cut have not fueled record revenues. you may not care that tax cuts add to the deficit. you may think the deficit doesnt matter. you may think reducing tax rates on rich people is so important that the whole country should take on debt in order to pay for that. the idea that tax cuts are going to magically not affect the deficit. the whole i...

We arean over -- >> were fine. >> bob, we are done. >> bob, at least carter tried. at least jimmy carter tried. >> oh, my gosh! have wed. got to that point! >> i w dont think we are broke> i do think there is going to be a deal and its going to bring enough money in to get us below -- going to see the deficit start to fall and then it will go back up. we spend all this time thinking about the deficit. we can handle a definite sit like i this. well be fine. >> okay. but with that logic, bob, if t...