Theory Cut News Today

If you want to balance the budget thats the upper limit of what you can spend without borrowing money. and one -- so thats the question. were currently spending 25% of gdp. we got to bring it down to 19% year after year on an average basis and if i can just point out. >> absolutely. we had that chart up on the screen so people could see the red line. just so people understand, it was basically the 1920% of total gdp that came in in taxes and the upper line, explain it real quickly. >> the top ma...