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Working hard every day. rob: first of all, it's an aggressive desire by the president to have this done by the holidays. i want to ask you if that's feasible and also for the purposes of budget reconciliation, did you guys have to give up much. i know you had to stay within constraints there. >> that was the big key, $1.5 trillion on a static basis, that's important to know that static basis means it doesn't take consideration for growth. we had to get down to that number. work a number of things to get there. the house will go to conference next week or i say conference, the committee will do...

Through the math with him. and the math i went through with him is, on a static basis, our plan will increase the deficit by a trillion and a half. having said that, okay, you have to look at the economic impact. there's 500 billion, that's the difference between policy and baseline, that takes it down to a trillion dollars, and there's $2 trillion of growth. with our plan, we pay down the deficit by a trillion dollars, and we think that's very fiscally responsible. >> for what it's worth, there has been no study that has been able to somehow reinforce this idea that tax cuts do translate to e...

Let's talk about this tax cut proposal. first of all, the president wants to reduce the corporate tax rate from 35% to 15%. congress has to buy into that. will he get that? >> this is the beginning of the process and he will get a corporate tax cut. there is a general sense among republicans and some democrats that our corporate tax system mitigates against job creation and economic growth in america. he'll get some, the question is will he get as deep as 15%? each roughly one point decline in the rate on a static basis costs roughly $100 billion of revenue over the next ten years. if you have...

Incredible economic growth. >> john kasich will be on later. he didn't mention you by name, so i don't know if he was talking about you, but he seemed to be making the case that these are not revenue neutral, that some of these promises that some of the candidates are making are sort of pie in the sky. explain the revenue side of this coming into the government and how is it revenue neutral, et cetera. >> right. the revenue side of this and all the numbers are on our website at tedcruz.org. if you want the look at the numbers, tedcruz.org. over ten years federal tax revenue on a static basis, ...

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