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Dessert without paying for it. so in my state, when i cut taxes, which i believe in -- i think low taxes are critical -- we didn't dynamically score. >> no, you cut a lot of stuff on the spending side. >> no, that's not what we did. when we ran sur pluses, we had three choices. we could spend it, two, we could save it, or we could give it back. so it's an interesting thing what we did. >> here's my question here is that people talk about deficits like they ce about them. but my theory is that n one actually does care about them. >> well, i do. >> no, but no one's behavior in washington suggest...

Financed tax cut. george bush. we're going to get a big deficit, financed tax cut. at the same time republicans are saying they care about balanced budgets, but the proof is in the pudding. the deficits go up under republican presidents. why not just be honest about what they're doing? >> i think they believe in this idea of dynamic scoring, and i've warned them about it. you know, i say if you dynamically score taxes, then you're going to have democrats dynamically score spending on domestic programs, so it's dangerous. i do believe there is a legitimate amount of dynamic scoring, but if you ...

Higher deficits and slowthe eco, people won't go to work. >> did you see newt gingrich's tie in that? did it slow things down? it did not. 23 million jobs were created. president clinton took the massive deficit in the '80s and '90s and turned it into sur pluses. what did they hate about his economic plan? it raised taxes. his 1993 budget created top tax brackets for the highest income ea earners, raised the gas tax and raised taxes all at once and it helped bill clinton close the deficit. this is an important principle of budgeting, taxes close deficits. what bill clinton believed in was resp...

>> did you see newt gingrich's tie in that? did it slow things down? it did not. 23 million jobs were created. president clinton took the massive deficit in the '80s and '90s and turned it into sur pluses. what did they hate about his economic plan? it raised taxes. his 1993 budget created top tax brackets for the highest income earners, raised the gas tax and raised taxes all at once and it helped bill clinton close the deficit. this is an important principle of budgeting, taxes close deficits. what bill clinton believed in was responsible fiscal management. he also cut spending, crucial. and...