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>> huge deficit increase. >> trillion dollar deficit. >> interesting for paul ryan. >> right. >> thank you, all. that's it for us tonight. thank you so much for watching. i'll see you all back here tomorrow. . . . my name is jeff sheldon,
Republicans will lose the house. i mean, look, it becomes -- if you're an income bekucumbent one as to whether or not to run for re-election and paul ryan bails, why would you stick it out? the one thing i don't like is, i think -- i've seen some people who have written about how symbolic this is, now this is donald trump's party and paul ryan ism has been defeated. he wanted to retire. he never wanted this gig anyway. >> i believe he wanted to be with his family, but i believe there's something else, as well. the two can coexist. what do you think of this, quickly? >> he was humiliated by don...
Critical of the idea that we needed tax cuts in this stage of a recovery cycle. we've actually been in a recovery, it doesn't feel like it, since 2009. people feel, the economy is just fine, if it's not broke, don't fix it. but the president wanted those extra growth numbers, wanted to power through with strong figures. it's very possible that has contributed, along with more borrowing, to the high interest rate. >> the president says that economic growth will actually pay for the deficit increase. >> very much remains to be seen. it's very important for us to remember what growth is. growth i...
But we're seeing growth that is as good as the united states or better around the world. so, the growth right now may or may not work that way, but you have made the argument as many have made that this is part of a republican play book. let the deficit increase, and use that as a reason to cut back on the size of government. >> oh, i think that's absolutely inevitable. i think all of the deficit hawk groups that have been very quiet during the tax cut debate are just, you know, itching to get out there and start talking about slashing medicare, medicaid, social security and i think there's a ...
For hedge fund managers the president said he would get rid of, that's gone, but i hear you. when you look at the independent analysis of this, brookings, the oldest think tank in the country, said 80% of american families will feel a tax cut next year. will see an actual tax cut next year. that is more than just the wealthy americans. no? >> well no. that's correct. >> right. >> they will get a tax cut. >> yeah. >> some people will get a very small tax cut and some people will get a very large tax cut. they have $1.5 trillion of borrowed money increase in the deficit increase in the debt, and...