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Record-breaking profits, do not need huge tax breaks which then drives up the deficit over a ten-year period by $1.4 trillion, which then leads trump and paul ryan to start saying, well, we have this big deficit. we're going to have to cut social security, medicare and medicaid. >> that's not going to go over well. do you think that's how you expect republicans to deal with an increase in the deficit from this bill? >> well, in all fairness, bernie sanders is right about one thing and one thing i am a deficit hawk. i really resent the fact that we are adding to the national deficit and republi...

The minimum tax on the corporate side and individual side. i think we could be in for some surprises here in terms of how they fit this in the $1.5 trillion deficit bobbing. >> are they concerned with the projections? when you look at the analysis steve mnuchin's team put out -- >> this is it, the one page, says virtually nothing. >> let's be fair, it's a summary, not an economic analysis. >> it is not any sort of economic analysis. >> it factors in there will be welfare reform and infrastructure, neither of which there is a plan for. does anyone seem to be concerned about this? >> not really....

Expire. >> if you don't assume, the debt hole will be bigger? >> i think that's a strong argument. i would say you're looking at about $1.5 trillion over the decade, even with growth effects. because be honest, they're not going to expire. congress is going to extend them and that will raise the cost over the long term. >> that's going to get some conservatives unhappy. because there are, i think, maybe you know them. i can't seem to find them. there are actually deficit hawks around. >> their concerns are legitimate. put in context, the baseline is $10 trillion raising the deficit to $11.5 tr...

Triger in the first place. here are the options right now. i'm told there are several, erin. one of them is possibly increasing the corporate tax rate. they would bring down to 20% after six years. stepping it up on a basis of .5% over the next couple of years. the other option is perhaps reinstituting the amt. both on the corporate and individual side. then there is another option too. lose bob corker. i think the big issue right snou there were three senators that wi withholding votes on the floor. jeff flake, also a deficit hawk was with bob cork eastern ron johnson. we talked about before ...

Forced to because of three members. bob corker and jeff flake as well as ron johnson. what they're concerned about is what we have been talking about over the past week and it's been really solidified today is that this tax cut bill is really going to add a trillion dollars to the deficit. if you're a conservative and the definition of a conservative is that you are a deficit hawk, you don't want to add to the fact that we have 21, $22 billion that were in the hole. that's what they're dealing with. >> the triggers in two or three or four years, if the deficit continues to grow, much more robu...