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Democratic votes in the senate unless republicans show they can pass it. but do you think there's enough progrowth policy in these bills to energize the economy over next two or three years, get up to 3% growth annually plateau? >> well, first of all, the economy in the last two quarters has grown by 3.04%. the new york fed came out yesterday and projected a growth rate in the third quarter of 3.75%. paul: wow. >> so just taking the foot of government off the throat of the economy where it's been for the last eight years is already showing a positive effect and one of the points i have tried t...

If chuck schumer said, we want to sit down and negotiate, paul ryan, we want to negotiate, do you think they could have made accommodation? >> no question. a lot of ways to get growth, incentivize individuals, incentivize businesses to invest more. if schumer and the other democrats said protecting this is important to us, but we are willing to grow with you on growing the economy, they could have cut a great deal. it's so progressive, the top 100 filers generate more than 5% of jersey tax revenue. 100 people. [laughter] >> hedge fund guy david leaves in a few years ago, it's a big deal for st...

U.s. has put forward right now. these are ideas that don't enjoy support across the u.s. business and agriculture community that don't really have identifiable constituencies or really anyone who would benefit from them. and at a time when it makes a lot of sense to modernize nafta and bring it to 21st century, we are concerned that this would instead lead to breakdown in the path. paul: you used pill, motive to provisions is to basically not get a deal so that the u.s. has excuse to pull out. one of those provisions the five-year end to the -- renewed pack every five years, how can you make b...

>> you can't have everything. [laughter] >> let's extend this point. there are a lot of people who have problems with donald trump personally during election it was expected that he couldn't possibly beat hillary clinton. this issue was one of the primary reason that is people voted -- many people voted for donald trump, not just the supreme court but appellate court appointments as well. we are seeing the importance of that decision. i think the democrats have only themselves to blame because as we were just pointing out and allysia said, senator feinstein questioning amy about her religious ...

This trade agreement which is our most important one is a real concern and having this sort this idea that within five years the agreement could simply go away, that's not what the business community needs, businesses need to have the confidence and certainty that will allow them to make long-term plans to invest in brick and mortar and to hire and invest and that's what this kind of a proposal would undermine. paul: okay, one of the other provisions that's been criticized by business folks that i know, the rules of origin for content here in north america moving under the pack from now 62.5%,...