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Debt. chris: but the fact is there is no evidence that tax cuts pay for themselves. the reagan tax cut back in 1981 added $208 billion to the deficit over four years. the bush tax cuts in 2001 and 2003 added 1 and a half trillion dollars to the debt over ten years. mr. mulvaney you can argue that tax cuts spur economic growth. i think that's a perfectly legitimate argument, there is no evidence that they pay for themselves. >> well, just look at the facts and you can go back, chris, and make an assumption and run some numbers but if we have 3% growth, which what we are trying to get, where we ...

You work for an umbrella organization for the insurance companies. our insurance companies going have the money to pay all of these claims? >> i can assure you the insurance companies are very well-capitalized. primary u.s. insurers have about $708 billion in policyholder surplus. that's the amount of money able to pay these claims. we are exciting harvey and irma combined to total about $85 billion at the top end, so there's plenty of insurance money in reserves out there to pay these claims in the u.s. the global reinsurance capital stands at about $600 million, so this will not be a crisis ...

Jolene cent kent is joining us more. clearly that is secondary to the impact. but as we look ahead in the week and later next week, there could be some play out. >> absolutely, hallie. we are seeing triple a in michigan gas prices are up 6% and that's why we see half of the refining capacity for the united states is actually coming out of the gulf coast. so, when you have all of that flooding, refineries shut down, the platform shut down. they're evacuated for safety. a lot of that is, obviously, limited. it's contracting. you're going taso see the spiken gas prices. account for 28% of u.s. cr...

Reconstruction costs with more than 200,000 homes at risk of storm surge damage in texas and the figure doesn't account for storm surges as far north as morgan city, louisiana and that's some 400 miles away from harvey's landfall, however according to fema hurricane katrina is still the most costly hurricane in u.s. history destroying some 300,000 homes and causing $108 billion in damage. now that's roughly four times the amount of damage caused by hurricane andrew in 1992 and coincidentally thursday marked the 25 year anniversary since andrew slammed into south florida. it was the last catego...

Than a dozen nuclear substantive fleet of b-52 and b-2 bombers is aging, a problem the pentagon planted to shore up with a $108 billion investment. if fixed announced by the obama administration last september. >> significant modernization plan for the next decade to upgrade the american nuclear arsenal. frankly, we've seen him make extremist statements and false statements about all manner of things. it's more concerning when you're talking about nuclear weapons. >> do you want to do in five years? do you want to do something now? >> mr. trump of austria's 1999 interview with tim russert seem...