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Everyone's self-interest to give the american people a dollar's worth of government, charge them 80 cents for it. it pleases the public. you shift 20%, 25% or 20% of the government off on the future generations that are unconsenting because they're unborn and we go merrily along. we're about to run a trillion-dollar deficit at more than full employment, at reasonably steady economic growth. what is going to happen, lawrence, when the next recession starts, starts at a trillion-dollar deficit? >> and what is going to happen to republican politics post-trump? if a democrat is sworn in on the nex...

What is going to happen, lawrence, when the next recession starts, starts at a trillion-dollar deficit? >> and what is going to happen to republican politics post-trump? if a democrat is sworn in on the next inauguration day, will republicans in the congress immediately return to deficit concerns? >> well, it's going to be interesting. what do the evangelicals, who have worshiped at the golden calf of donald trump, going to say? are they going to snap back into saying character matters in politics? i don't think so. the laugh test will be they will flunk. republicans having given us our first ...

One more thing before we go. >> today a renewal of the 9/11 victim compensation fund could've been a done deal. yesterday new york senator and presidential candidate kirsten gillibrand called for unanimous consent to get the money where it's needed. then an objection from across the aisle. >> any new program that's going to have the longevity of 70, 80 years should be offset by cutting spending that's less valuable. i will be offering up an amendment should it come to the floor, but until then i will object. >> kentucky senator rand paul killing the fast track to funding. utah senator mike lee...

But in this case, there are 31 tweets about the president criticizing obama deficits from 2011 to 2016. >> and the real worry for progressives is that when you are running up the budget deficit like this and adding to the debt so quickly, at some point you have to cut spending. that spending is entitlements. and they're worried about that. >> you wonder if gone from the party's platform are deficit concerns. ahead, a cease-fire between israel and palestinian militants bringing an end to the most intense round of fighting between the sides in four years. we go live to israel next.

Tax revenue failed to keep up. with corporate tax collection down 22% or $76 billion. the white house defended the tax cuts. it is boosting economic growth which will eventually increase tax revenue. steve mnuchin said the white house will eventually cut wasteful spending to make up the difference. watch out for entitlements. >> you can't help but wonder if the republicans will return to deficit concerns. imagine this happening to your plane. renewed concern about drones after tests show the bigger aircraft may not always win. and who would win this? bottom of the ninth. bases loaded. two ...