Page 33 - Deficit Hawk News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rates. that's what we're going to talk about tomorrow, the specific corporate rate, some of the individual tax rates and so forth along with principals the administration will push. >> you are a deficit hawk. isn't that going to explode the deficit? >> no. there will be growth on the other side. that's what this entire thing is keyed to do. we backfilled our tax plan. we didn't start off with rates, impact on particular segments. what we said was we need economic growth. we need people to go back to work. we need people in better paying jobs and more jobs, more ability to move between jobs. we...

Are you comfortable with increasing the debt? >> here is what i'm comfortable with. we have $20 trillion of debt. this is why i ran for the united states senate. >> you are a debt and deficit hawk. how can you get on board? >> here is what you have to do to solve the debt crisis. you cannot cut your way out of it. you can't tax your way out of it. you have to grow your way out. you have to get the economy going. job one is growing the economy. we have to move toward fixing our broken budget process. alisyn, you know in the congress, we are called to appropriate and fund the government every ye...

15% for the reasons that you have suggested. >> but is it a little bit more than that? i mean, you're a guy, as john was schooling me this morning on this, your office actually sends back the extra money each year, operating funds, to treasury. i mean, you hate debt and deficits. this, according to the tax policy center, if we see a 15% corporate tax rate instituted and you have, you know, the amt gone, you're going to have $2.4 trillion in lost revenue. it's going to cost $2.4 trillion over the next decade. can you live with that? >> thank you, poppy, for pointing out that i return taxpayer f...

>> i'd leave that up to security experts. i am not a security expert. perhaps there are places, but i don't think we need it across the entire southern border. but i point out that since president trump has been in office, the numbers coming from the other side have been reduced significantly. and so, i think a discussion on border security is in the national interest of the united states. >> all right, one other thing we may get from the white house this week is some clarity on a tax cut proposal, including, we believe, a huge cut in the corporate tax rate, all the way down to 15%. now, i kno...

Reducing out and building out. >> why the delay? >> he is throwing out the $1 trillion number. that scares any deficit hawk. it will involve a broader coalition. he hasn't shown a lot of interest. >> will thes democra democrats this? >> chuck shum hchumer would plal on this. this is a big move. he could get a bipartisan coalition which alluded him. >> it could be a win for everybody. >> i think it is a win-win-win. >> you don't get it. health care. this seems like it has gone away. that doesn't make sense. i was working the phones this weekend. it is not dead-dead. for right now -- >> it is sl...