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The budget. i brought a budget to the floor last year didn't pass that does that, reduces taxes and cuts spending. i think we should do this. that is not where this congress is going. what happened with the creation of this commission is the president sent congress a budget that is unsustainable and not credible. those are the words of the budget director and treasury secretary with that budget they said we'll have tough decisions to be made by this commission to report after the election. what i think it effectively does it gives politicians up here the ability to defer tough choices to not t...

Economists and liberal economists have consistently both side the way you handle it is raising taxes and cutting spending. >> i don't say that i think actually if you -- my own opinion, if you start talking raising taxes that takes all the pressure off cutting spending. [ talking over each other ] >> the last time we balanced the bunt was in the late 90s we did that not through tax increases when you had spending control and mick growth. those are the two thing -- and economic growth. those are the two things. if you raise taxes you are going to make the budget deficit worse. >> greta: i have ...

Economists and liberal economists have consistently both side the way you handle it is raising taxes and cutting spending. >> i don't say that i think actually if you -- my own opinion, if you start talking raising taxes that takes all the pressure off cutting spending. [ talking over each other ] >> the last time we balanced the bunt was in the late 90s we did that not through tax increases when you had spending control and mick growth. those are the two thing -- and economic growth. those are the two things. if you raise taxes you are going to make the budget deficit worse. >> greta: i have ...

We have a lot to get through. the house is voting this hour on the tax bill it passed yesterday. it's called a procedural snafu after findsing the house approved version that violated senate rules. something called the byrd rule. the bill was modified and passed in the senate but the edited version needs another okay from the house. >> paul ryan was out in force this morning making his case for the bill across the morning shows addressing the debt with nbc's own savannah guthrie. >> are you saying that the growth you're going to get from this tax cut will equal the amount it would cost on the ...

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