Static Basis News Today

Working hard every day. rob: first of all, its an aggressive desire by the president to have this done by the holidays. i want to ask you if thats feasible and also for the purposes of budget reconciliation, did you guys have to give up much. i know you had to stay within constraints there. >> that was the big key, $1.5 trillion on a static basis, thats important to know that static basis means it doesnt take consideration for growth. we had to get down to that number. work a number of things to...

Through the math with him. and the math i went through with him is, on a static basis, our plan will increase the deficit by a trillion and a half. having said that, okay, you have to look at the economic impact. theres 500 billion, thats the difference between policy and baseline, that takes it down to a trillion dollars, and theres $2 trillion of growth. with our plan, we pay down the deficit by a trillion dollars, and we think thats very fiscally responsible. >> for what its worth, there has ...

Lets talk about this tax cut proposal. first of all, the president wants to reduce the corporate tax rate from 35% to 15%. congress has to buy into that. will he get that? >> this is the beginning of the process and he will get a corporate tax cut. there is a general sense among republicans and some democrats that our corporate tax system mitigates against job creation and economic growth in america. hell get some, the question is will he get as deep as 15%? each roughly one point decline in the...

Incredible economic growth. >> john kasich will be on later. he didnt mention you by name, so i dont know if he was talking about you, but he seemed to be making the case that these are not revenue neutral, that some of these promises that some of the candidates are making are sort of pie in the sky. explain the revenue side of this coming into the government and how is it revenue neutral, et cetera. >> right. the revenue side of this and all the numbers are on our website at tedcruz.org. if you...

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