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Detailed text transcripts for TV channel - CNN - 20180213:03:51:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180213:03:51:00

Comes to their anti-big government and fiscal conservative credentials. where we rammed through by $300 billion these spending caps. president's budget that came out today, there's some things i like about it, but i am concerned about the penchant for spending here. i guess the answer is, i am troubled by it. >> you think it's irresponsible. did you help write any of this? >> this particular budget, no. there is a big component of this for infrastructure spending. i'd be interested whether austin wants to see that spending happen. it's going to be an interesting innovative proposal that will c...

Detailed text transcripts for TV channel - CNN - 20180213:07:50:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180213:07:50:00

One of the selling points for the president's budget has been increased economic growth. it will cover deficit spending they say. we learned today it's likely not the case. the president's plan increases the deficit by $7 trillion in the next decade. is this budget irresponsible? >> well, look. i mean, it really started with what happened last week with the budget deal that was reached between the republicans and the democrats in congress. and i can't defend that. i think that the republicans have been hypocritical when it comes to their anti-big government and fiscal conservative credentials....

Detailed text transcripts for TV channel - CNN - 20180212:13:37:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180212:13:37:00

To balance out a trillion dollars deficit. that isn't going to happen. when you talk about the tax cuts that are happening in december, it's a hail mary pass in a football game to minimize the risk of national insolvency or bankruptcy. you're hoping and in a football game it's a one in five chance but you're hoping you're able to stimulate economic growth enough so where you have lower tax rates, stronger economy, more revenue because you have a stronger gross domestic product. i'll readily concede it's a hail mary pass. it's the only option you have left. when you have a congress and white ho...

Detailed text transcripts for TV channel - CNN - 20180212:13:35:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20180212:13:35:00

>> all right. will leave it at that. keep it in the front burner of importance. let's talk policy. you've been asked to swallow a lot in this administration. this tax policies going to balloon the deficit. you guys were pushed into voting for it within your party. the spending caps that were just blown through, the party wound up giving enough votes to get it through, now in infrastructure offer is coming from the president. it's going to cost 200 billion, that's the estimate from the federal government and then push states to have to match the money. that's a lot asking for you guys to swallo...

Detailed text transcripts for TV channel - MSNBC - 20180212:09:33:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20180212:09:33:00

Former speaker of the house of representatives who essentially cracked this deal on his way out the door and now republicans cut a deal to get rid of these spending caps. can you help us put this in perspective, how big of a shift is this for republicans? >> really important to contextual ize all of this. in the house when this budget bill passed, when the funding bill passed, you had 167 republicans voting for it, roughly three quarters of the conference. to think about specifically the 2010 class that you were referencing a minute ago, when these folks came in there were 87 fresh house repub...