Detailed text transcripts for TV channel - MSNBC - 20171216:03:22:00
Well, this is more deficit than is a good idea. not that you have to get the balance. so what they then plan to do is having created this deficit, they will use that as an argument against programs which would otherwise be popular and that also i believe by the way in terms of this, oh, it produces more revenue, alan greenspan asked when i was on the committee a few years ago by a republican congressman, isn't it true, mr. chairman, if you cut taxes right you wind up with more revenue? greenspan said, congressman, i've heard that theory and never worked out in my lifetime. he was about 75. >> ...