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All-time high. in real terms and percentage terms since world war ii. they have plenty of revenue. what we have also is the largest spending in american history and record deficits. so this is not a revenue problem. this is a spending problem. >> so mchenry making clear what republicans are insisting on, spending cuts far more than what the white house is willing to accept. but the question is, if the white house moves even more in the republican direction, how many democratic votes can they get on an ultimately bill, maya substantial number of democratic votes in the house and gets signed by ...

Understand this, is it a revenue problem or a spending problem? in the last 50 years, we would average about 17% of gdp in revenue. right now we're almost at 20%. only two times in american modern history have we ever got here, 1944 and 2000. so we have more money coming into the coffers than at any time in history. the real challenge is our spending. our spending on average for the last 50 years has been about 21%. well, in fy-22 after the democrats had taken over, we're roughly over 24% of gdp, so it's a sheer spending problem. it's very odd me what the president says. we have never offered ...

>> on the merits based on what i've offered i would be blameless. on the politics of it no one would be blameless pictures house speaker kevin mccarthy on "sunday morning futures". the real challenge is spending. the spending for the last 50 years has been about 21%. in fy 22 after democrats have taken over for roughly over 24% of gdp it is a sheer spending problem it's very odd to me but the president says. we have never offered something different and we talked about the entire time. the pin that has been after bernie sanders had his press conference. the president pivoted back. cooksey repu...

Your listeners have to the understand this, is it a revenue problem or a spending problem? in the last 50 years, we would average about 17% of gdp in revenue. right now we're almost at 20%. only two times in american modern history have we ever got here, 1944 and 2000. so we have more money coming into the coffers than at any time in history. the real challenge is our spending. our spending on average for the last 50 years has been about 21%. well, in fy-22 after the democrats had taken over, we're roughly over 24% of gdp, so it's a sheer spending problem. it's very odd me what the president s...

Commitments. it would be like me with a spending problem instead of curbing my spending now instead risking default and saying to creditors, i'm not going to honor the commitments i've made. >> no. i speak from personal experience when i say that when you've maxed out your credit cards, it's a pretty good time to evaluate your spending habits. and in the seven years i've been in congress, we haven't honored the true budget process even once. so the debt limit presents a unique opportunity to try to put downward pressure on spending four times when joe biden as the united states senator voted t...