We are in a debate between the two men seeking to britains next Prime Minister. Good evening. In two weeks time, either Boris Johnson or jeremy will become our new Prime Minister. Tonight they debate each other facetoface responding to questions from our viewers from across the u. K. And you can take debate. Ing the itv each candidate will brelf set out why they will be the best Prime Minister. Boris johnson, your opening statement. Mr. Johnson this country faces a momentous choice. We can either continue with the same old failed approach, destroying trust in politics, sapping Business Confidence or else we can change, get back our mojo and restore this countrys republic pietation around the world and put us on a longterm path of success. And we need to unite our country more police on the beat, full Fiber Broadband for all and make our case to the people again. With renewed power and conviction. To have fantastic infrastructure and public services, you must have a Dynamic Market economy. Asy is how we defy the lune of Jeremy Corbin and the labour party. If you believe in brexit and has a plan to unite this country and has long experience to beat the labour left, im the right person to unleash on this project and i hope i can count on your support. [applause] jeremy hunt, your opening statement. Mr. Hunt good evening julie. As a top negotiator, ill deliver brexit, but so much more. I will be the first Prime Minister to have been an interviewer and use that experience to fire up our conomy and like i did, we will reform and fund our p public services. I will invest in our brilliant Armed Services so we walk tall in the world and first Prime Minister for half a century to win a marginal seat. I know how to get young people to support our party. In poll after poll and the publics preferred choice for Prime Minister because i appeal not to those who already vote conservative but those we need to win. Those watching at home, i will be your Prime Minister, whoever you vote for as i bring together our amazing United Kingdom. [applause] thank you, gentlemen, both. Asknvited invited people to questions and they are with us in the studio. They support various parties or are undecided. The candidates dont know what they will be asked and the people who will listen to tonights debate and said they voted conservative in the past or may do so in the future. Lets go to our first question from tony. I voted conservative most of my life and now support the brexit party. Can you promise me that we will definitely leave the e. U. On october 31 . Each now gets a chance to answer separately and then go to debate. Mr. Hunt im as keen as boris and you to leave by october 31. But we have had a breach of trust in politics by not leaving at the end of march as we promised you we would do and no politician, not me or boris should not make a promise unless they know they can deliver it. Parliament took no deal off the table. Its trying to do it again. The way we get out by the end of october is send to brussels someone who can negotiate a deal with the European Union, that means someone they will talk to, someone that they will engage with and then we can get a deal to get through parliament and im the person who can do that. Mr. Johnson its vital we come out on october 31 otherwise we will continue to hemorrhage trust not just in the conservative party or labour party but politics. I have a fourpoint plan to deal with our European Union. Citizens should have rights protected and look after the 39 billion and should be suspend and ambiguity until we get the results we need, solve the problems of the irish border where they properly belong and we will do after we come out on october 31. And to make our friends and partners across the channel concentrate and understand our seriousness we must prepare to come out without a deal. Everybody understands the business sense of doing that and if they can do that, we will come out and be ready october 31. [applause] thank you, mr. Johnson. Mr. Hunt, mr. Johnson warned against can kicking. People may be worried there is not on the 31. Mr. Hunt i have a plan which involves engaging with the European Union, negotiating with them. Boris mentioned this date. I want to know how solid that commitment is. If you dont get us out of the e. U. , will you resign . Mr. Johnson we have to come out on the 31st and anyone proposing get again to kick the can down the road will forfeit trust with the electorate and negotiating our position in brussels. Delay does not deliver a deal. A deadline will deliver a deal. Mr. Hunt i think its a no. And someone who says do or die. Mr. Johnson im sorry, i think what we have mr. Hunt i asked you if you would resign. Will you resign if you cant deliver . Mr. Johnson i am doing everything we can. Can the can down the road. I would like to know how much further, how much further, how any more days exactly. Mr. Hunt my birthday is on the 1st of november and nothing would be a better birthday present than knowing we left on the 31st of october. I asked boris and he said clearly before it was leaving on october 31 was do or die and i think its do or die for the country but not a Prime Minister who puts his own neck on the line. Could you respond to mr. Johnsons question and if it is not the 31st, is it days, weeks or by christmas . Mr. Johnson how about christmas . Mr. Hunt if you have presume minister and not that boris has insulted, there wont be engage mbt and my worry is that you are setting a fake deadline because we will end up with an election before we have brexit and if you think about the most brexit supporting conservatives like jacob and steve and marc, they are more likely to get brexit with me than with boris. I will get the engagement. Mr. Johnson this strategy is so fatal. We were only going to delay. That became a further sixmonth delay. Our preparations for no deal brexit and business was left in a state of deep confusion about what was happening. If we go into these negotiations from the beginning with a plan to allow that deadline to be fungible, to be a deadline, im afraid the e. U. Will not take this seriously nor will business understand that they must prepare for no deal. Thank you rment of. Both of you say that you want to renegotiate. The e. U. Has repeatedly say they will not renegotiate and not reopen the Withdrawal Agreement nor will they look at that backstop. Can you give me what your proposal is nor the Northern Ireland border . Mr. Hunt it has to be to the backstop. And my plan has three elements on 202 page excellent piece of work by m. P. s. What does it involve . It involves mobile checks for food products. A trusted trading scheme and use of technology, not new technology but technology that already exists. How quickly is that available . If it were there, why wasnt it already agreed . Mr. Hunt they didnt want to agree. What was the detail of what ou proposed . Mr. Johnson there are an abundant room of goirks, checking contraband, smuggling. But away from the border and everybody understands that is how to solve the issues of the trade not just with the border of Northern Ireland but all u. S. E. U. Borders. They looked the world over to find a solution and they found none. Mr. Johnson thats not what he said. They looked the world over. Mr. Johnson under no circumstances would they have hard border or physical checks at the border. That is because they understand as jeremy has rightly said and no difference between us, it is possible to find the solutions to trade and every border. It can be done by october 31. If its not then we do it in the implementation. We are going to go to question two now on another matter of brexit. I run my own Waste Management company and no brexit. Jobs will be lost and my business wont survive. What can you say to reassure me. Mr. Johnson i understand very much the issue that you raise. I dont think we are going to end up by any means with a no deal exit. I dont think there will be the disruptive or disorderly brexit that you fear that is escalated in public discourse. What we want to do is by preparing first no deal and being very convincing with our friends and partners about what we intend to do to get a proper pro tracks of zero arrangements and current recognition of our rules, mutual recognition of our rules until such time as we have done and solved the problem of the Northern Ireland border. Mr. Hunt i have my own business just like you do and i know what its like when you lose valuable trusted employees because there is a sudden change in Market Conditions and you cant afford to keep someone absolutely brilliant you want to keep. If there was no deal, the steel business that i visited a couple of weeks ago would have 11 tariffs that would wipe out their profits. Farming businesses would have 40 tariffs on their land. We can get through this. But cant get through it on a wing and prayer but only if we have a plan. I have a copy of my 10point brexit plan to help businesses like yours get through that situation. Mr. Johnson, there is a cost to no deal. Do you . Mr. Johnson a badly handled no deal, disruptive no deal brexit could be costly. The crucial thing and everybody is agreed on this, the crucial thing is to prepare. How costly . Mr. Johnson it is vanishingly inexpensive if you prepare. What we need to do is make sure the Agricultural Sector is safeguarded and we have supply chains properly protected and deals on aviation. Let me say one additional point. If we have to go out on no deal, we will have 39 billion pounds to spend which will be helpful in lubricating the consequences. Mr. Hunt you said in a nodeal situation would be able to avoid tariffs, article 24. Mr. Johnson article 24, 5b because i know you are a stickler on details. Mr. Hunt that would not be you can only get that agreement to waive tariffs if the other side agreed and made absolutely clear and guessing details like wrong is fine for a newspaper column but if you are Prime Minister. Defeatist only would take that line. If you look at what we propose is very, very simple under the article 24, 5b agreement and it uld be manifestly [talking over one another] gentlemen, i dont want you talking over one another. Mr. Hunt you said we would leave with no deal, no tariffs. And you also said it would be a million to one that we would leave with no deal. I have to tell you that is totally unrealistic and if you say that, what you are telling businesses is they dont have to prepare for no deal and that is very dangerous for people up and down the country. They do need to prepare because the chances of no deal are much, much higher. If you were pushed to it you would do it with a heavy heart, question for you and then to mr. Johnson. Could you look people in the eye and saying im taking you down the route whether i decide whether you are losing your job . Mr. Hunt someone who has run their own business i had package of support to help businesses in a nodeal situation including the biggest cuts, down to 12. 5 . 6 billion pounds for farmers and fishing community. If we prepare, we can get through this. What we mustnt do is pretend this is a walk in the park. Mr. Johnson there is no dissent about that. Everybody agrees we need to prepare. But we need to make sure we are ready by october 31 to come out and must get ready. We were ready on march 29. Everybody was braced to do it and were then stood down and it was a catastrophe. And everybodys preparations were allowed to sag. If we are going to have a deadline of october 31, we must stick to it. The more we prepare and better we prepare, the less risk of destruction for people like you and everybody else. When we prepare and convincing in our preparations, the e. U. Will understand and will give us the deal that we need. [applause] we are staying with brexit. Go to karen tracy who would like more details of the dangers of the Nodeal Brexit. The leaves may be changing but fundamentally nothing else has. Parliament will not function a Nodeal Brexit. Isnt a general election inevitable . Mr. Hunt you have summed up why i have not wanted to talk about the 31st of october as a do or die deadline because i think there is that risk of an election and because parliament has taken no deal off the table already, if you are going to guarantee a date, you have to be prepared to take us into a general election because you might need to change parliament. And i believe im the person who would win over more nonconservative voters than either of us according to the polls. But i dont want to do an election until we deliver brexit. Because you dont go for another mandate until you said you would do last time which is to leave the European Union and thats what i will do. [applause] mr. Johnson i think it is defeatist to not set a hard dead. Nn and have october 31 i dont want to give the e. U. Any incentive not to give us the deal we want. Parliament has resisted the temptation to vote down a no deal. And realism is taking place across our politics. People can see we are losing trust of the electorate and we asked them if they wanted to leave the European Union. Parliament has failed to deliver it for three years. If we now fail again, im afraid we will not win back the hundreds of thousands of voters who are desserting us and that is how to lose the upcoming election. [applause] mr. Hunt being Prime Minister is telling people what they need to hear not just what they want to hear. The difference between you and me, you are peddling optimism nd im [applause] mr. Hunt we need leadership that is going to guide us through a big constitutional crisis and make a big success of brexit and be honest with people. Blood, sweat, toil and tears. And that is what im prepared to do. Minimizing the risks of Nodeal Brexit to farmers who will have businesses wiped out, to small businesses, suddenly going to be faced with challenging Market Conditions, that is not being the Prime Minister this country eserves. Want to ask the same question to both you. If parliament rules out a Nodeal Brexit would you suspend parliament to get to the ends that you want to see . Mr. Hunt when parliament is being shut down we actually had a civil war and it would be a curious thing to do if it is taking back control of parliament to actually shut it down. My answer is no. Mr. Johnson im not going to take anything off the table. And i think it is bizarre in this stage of the negotiations for the u. K. To be weakening its own position. We heard earlier on that october 31 deadline is not really a deadline and clear what jeremy is saying when he would be prepared to come out and escalating the fears of a Nodeal Brexit and we should be encounselinging the people of this country to do it. It is vital that we come out on october 31 and we conservatives will be able to talk to the people of this country about the things that matter to them apart from the e. U. [applause] mr. Johnson get the job done and make the case to the country about p modern conservativism. You dont want a general election. What would your alternative be . Mr. Hunt we need to choose a Prime Minister who has the best chance of negotiating a deal to face this issue. May be forced this issue. Mr. Hunt i will make the preparations so we are ready to do that. If we send to brussels and engage with yore European Countries we have a chance of a deal. I talk to european leaders and they want to solve this and dont want a Nodeal Brexit as well. We take an ultrahard line approach they will take a hard line approach and businesses up and down the country will suffer needlessly. If we want to make a success of brexit, it is not about blind optimism but understanding the details that will get us the deal that is right for our country. Mr. Johnson if we continually to wrap ourselves around the current Withdrawal Agreement and we remain in European Union and the Common Market which is entailed, i resigned over it because it doesnt work for this country. [talking over one another] mr. Johnson we will wind up in a situation this country having left the e. U. Is run by the e. U. That is utter madness. We have a chance to do a much, much better deal and doing a Free Trade Agreement with our European Union friends and partners and developing a new Partnership Based on mutual security, mutual defense, all the things we believe in and intensifying but not through brussels. That is the way through. [applause] we are coming to the end of part one and half an hour of debates about brexit and proposals and counterproposals from both of you, so before we to the break, we would like some no answer required. Question to both you. Raise your hand if you feel confident telling the british people we will have left the e. U. By the 31st of october . Mr. Johnson thats the spirit, jeremy. [applause] mr. Johnson you could have fooled me. Much more debate between the two candidates to come. After the break, we will say who has the personal qualities to be Prime Minister and might talk about donald trump, too. [applause] brief break in our coverage of the candidates debate to replace outgoing Prime Minister teresa may. She announced she would be stepping down due to her failure to resolve the brexit issue. Our coverage of the debate brought to you by itv. We will bring you live coverage and e house of commons teresa may takes coverage live coverage at 7 00 a. M. Eastern on our companion network, cspan 2. We chose those words carefully and the report speaks for itself and the report is my testimony, i would not provide information beyond that which is already public in any appearance. Former special Counsel Robert Mueller is set to appear on wednesday july 17 at 9 00 a. M. He gives testimony to the House Judiciary Committee and later in the day, house intelligence committee. Our coverage of Robert Muellers congressional testimony will be live on cspan 3, online at span. Org or listen with the free cspan radio app. Sunday night, former new York City Police deputy inspectors talks about his book. I was a group and lived in a family of five girls and sixth and my father left me in the third grade. And im holding my feet. I have holes in the bottom of shoes and cardboard in it. So i had a rough upbringing and i got on involved in the streets and met some friends and selling drugs. Sunday night at 8 00 p. M. Eastern on cspans. In a moment, well return you to live coming for debate for britains Prime Minister courtesy of itv. Well return to live coverage of the debate for britains next Prime Minister, brought courtesy f itv. [applause] welcome back. We talked about brexit and now coming to look at some other issues. Lets have our next issue and comes from kenny. You have politicians who have made mistakes but im interested on personal qualities for the next person to be our Prime Minister. Mr. Johnson thank you, very much. I think what i have is an ability to get some surprising results in very difficult situations. Nobody said we could win in 2008 or the referendum in 2017 and we did. When i defeated Ken Livingston devious emnation of the labour left than Jeremy Corbin, i was able to beat him when our party was 17 points behind in london. I have what it takes to unite our party, unite our country and get brexit done, beat corbin. [applause] mr. Hunt i won a few elections. I would be the first Prime Minister to have won a marginal seat. But i think that leadership is also about your values. And that is about being prepared to do the tough and difficult things, sometimes the things that arent popular. Sometimes things you have to say to your friends like i said to President Trump today because the comments about theresa may were unacceptable and i dont think he should have made them. [applause] mr. Hunt as i did with the chinese last week over hong kong and Health Secretary for over six years, i had difficult decisions and tough times. By the end of my time we had three million more patriots in good or outstanding hospitals. I think leadership is about people who get things done and those are the qualities i offer. [applause] mr. Johnson, President Trumps comments about the Prime Minister and the ambassador. Mr. Johnson im proud what i was able to buildup. Its very important that we should have a close friendship, a Close Partnership with the United States, it is our most important ally. Being the closest between the i dont think he was he was dragged into a british political debate which sometimes he is. Was he wrong to make the comments . Mr. Johnson our relationship with the u. S. Is of fantastic importance. On british Civil Servants. It is absolutely vital that the advice that Civil Servants give to ministers should not be leaked by minister and not be commented on by ministers. Its Civil Servants are going to feel free with the impartiality that they want. To get facts on this particular point. While garrett be in his job if you become Prime Minister . Yes or no. Mr. Hunt i believe the relationship with the United States and the relationship between the u. S. And u. S. A. Is the most Important Alliance in history. On that, i agree with President Trump. But who chooses our ambassadors is a matter for the United Kingdom government and United Kingdom government. So i have made it clear. F im our next Prime Minister, the ambassador stays. Mr. Johnson i listened carefully what jeremy just said. I repeat my point. It is vital that our Civil Service is not politicized by leaking what they say. Whoever leaks that deserves needs to be aadvice rated. [talking over one another] mr. Hunt he is due to retire at christmas. Gentlemen, thank you. Mr. Hunt, let mr. Johnson. Mr. Johnson you wouldnt extend his term . Mr. Hunt i will keep him until he is due to retire and i would like to know if you would . Mr. Johnson what i will say is i and i alone will decide who takes important politically sensitive such as the u. K. Ambassador to the u. S. [applause] personality, personal policies. You have had high offices at stake, foreign secretary and Health Secretary. Mr. Johnson, why didnt you do your homework on ratcliffe . Mr. Johnson i have the utmost sympathy for her and her family than and the other cases that are similar. And i pay tribute to the Foreign Office in trying to get them released. But if i may so so, its very, very important, when you allider those cases that we point the blame where it be longs with the Iranian Revolutionary guard by detaining that is inhumane and unfair and we shouldnt exculpate them in any way. [applause] you talked earlier about your time as Health Secretary and you presided over the first doctorso strike in 40 years which saw a and d. Your plans were criticized as being incoherent. Why would we trust you in negotiations . Mr. Hunt we have a problem that we have excess of deaths. And i said as Health Secretary, im going to do something about this and i would not be a Prime Minister for popularity but did the right thing. After 5 1 2 years as Health Secretary, we had many, more people using good or outstanding hospitals, one of the safest hospitals is right here and inspired me for a lot of the reforms i made and i made those changes. We have success. And i think we can be proud of the doctors and nurses and who are doing such a great job. [applause] could i ask one more question in the negotiations that might lie ahead of this. Could people trust someone who sees the brexit. Mr. Hunt we had that debate and the question decided to leave. The question now is who is the person that can deliver. Oris campaigned for the n. H. S. Ill deliver brexit as well. [applause] mr. Johnson we havent delivered brexit yet. But we will. [applause] great candidates have made a question, r next debbie wants to ask a specific question. Despite earning a decent salary, i struggle to make ends meet for my family. Why are you both prioritizing tax cuts for the rich or businesses rather than helping those hardest hit . [applause] mr. Hunt let me answer that question very directly. The tax cuts are Corporation Tax cuts. I recognize they are not the most popular tax cuts but doing ta because i want to boost the growth rate of our economy. When President Trump introduced business tax cuts in the u. S. , he boosted their growth rate. America is growing twice the rate we are. And ifgrew it at 3 , we would have 20 billion pounds to spend it on people like you or our precious public services, the social care system and extra police. As a conservative, what i want to do is grow the size of the cake so we can do what we want to do is spend that money on the things that people need. [applause] mr. Johnson good to hear that support for President Trump on these tax cuts. But i think what you say is completely right. My agenda would be to focus on those who are hardest press. When i was mayor of london we expanded the living wage and put money into the pockets of poor people and was adopted as a national strategy. What i would like to do is increase the threshold of national insurance. I also believe that too many people, hard working people, public servants, senior nurses or heads of math departments or Police Inspectors are being dragged into the higher rate of taxation and that is a legitimate subject for conservatives to focus on and to want to fix as well. The way to get more is judicious tax cuts. [applause] mr. Johnson, why is your first pronouncement in this campaign of tax cuts for the wealthy. Mr. Hunt it was part of a package. [talking over one another] one moment, mr. Hunt. We are not the party of the rich. [talking over one another] mr. Johnson im not Prime Minister at the moment. My program is for a widearranging package starting with the people on modest incomes so we help them on what is good for our city. If jeremy is going to say that he has no interest whatever in alleviating the burden on the middle, let him speak now. [talking over one another] mr. Johnson are you in favor of people on moderate income paying the highest rate of taxes. Mr. Hunt boris, you havent answered all of my questions. Mr. Johnson i answered all your questions. [talking over one another] please. Please let him respond. Lets be clear, let mr. Hunt respond to the question. [talking over one another] thank you. Thank you. [applause] mr. Hunt what is his answer . Mr. Hunt boris never answers the question and i dont know hat a boris Prime Ministership would be out. Tax cuts would be for people on low income. You have to let other people speak as well. Why is that . I have spent my life that we are not the party of the rich, but we are the party of everyone. And first tax cut that you announce is tax cuts for high income earners, that is the wrong signal. [applause] thank you both. Finished. We are now going to have something a little different. We had hundreds of questions from itv viewers. Learn a little bit about what kind of views our next Prime Minister will have. Raw a little breath and reset. Mr. Johnson should be prioritized in the north. Mr. Hunt we have been talking about bridging the northsouth divide. And we have a product that is going to deal with it. [applause] will you commit an urgent solution to social care this year . Mr. Hunt i want a 10year plan for social care like the n. H. S. And merge the Health Care Systems and a country where every single older person is treated with respect. Mr. Johnson yes. Nd i think there will be a consensus of social care and bring people together across the parties to get it done. Will you stop the expansion of going ahead . Mr. Johnson bulldozer. Mr. Hunt answer the question, boris. Mr. Johnson i retain the greatest reservations about the runways and the ability to satisfy the legal requirements both on Noise Pollution and air quality and will be following the legal cases. Mr. Hunt you have to have an answer. My answer is yes. Third runway will spread wealth across the country. We should back it. [applause] thank you. Would you stop universal credit . Mr. Hunt it has problems. We need to deal with the fiveweek wait but the principle is right and this is why we created a thousand jobs a day every single day we have been in office, something we can be very, very proud of it. Mr. Johnson i would keep it. I do find people who have problems with it. But it is the right move forward. In support ofghts steppeding same sex marriage and abortion rights, would you support that . Mr. Hunt yes. Mr. Johnson its a matter of Northern Ireland and one of the most reasons for getting the government of Northern Ireland back up and running. Thank you for your answers. And now there is just time for one more short question from josh brown. One quality to you admire in our opponent as the future Prime Minister . [applause] be lovely to one another or choose not to. Mr. Johnson i worked well with jeremy over many years. And i [laughter] mr. Johnson i greatly admire his ability to change his mind on [laughter] mr. Johnson and campaign for brexit now. And i think thats a very important attribute. [applause] borist i really admire ability to answer the question. You ask him a question, he puts a smile on your face and forgets what the question was. Thats a good quality, but maybe not as Prime Minister. [applause] would you like to come back to that, mr. Johnson . Mr. Johnson i do think it is important, just absolutely seriously to have somebody now who has the energy and has the optimism to get this thing done and i think the managerial approach with which approached these European Union debates has worn us down. Mr. Hunt i love the optimism. Unless you have realism with it as well. I want to deliver what i promise. Thank you for that very much. [applause] 50 minutes of debate between Boris Johnson and jeremy hunt. I will ask the candidates for short concluding statements. Mr. Hunt i traveled 5,000 miles across our country and seen with my own eyes how lucky we are. It is not about becoming Prime Minister but what you want to change. I want young people to support our party because state schools are private ones. And want older people that the system is there for them. Boris promised to the n. H. S. , i delivered it. I will deliver brexit as well. I only make promises that i keep and our country deserves no less. [applause] mr. Johnson only one way to get this country off the ham steer wheel of doom and get brexit done by october 31 and bring us together, better education and by fighting crime and end the defeatism that has engulfed us all with a cando spirit of modern conservatism and i have the energy and credentials for the job. This is an apaysing country and now is the time to show we believe in britain. [applause] thank you both very much indeed for that. We will have much more analysis on all our social media platforms. Thank you for watching. Good night. [applause] [captions Copyright National cable satellite corp. 2019] captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org in 1979 Small Network with an unusual name had a big idea, let viewers make up their own minds. Cspan opened its doors bringing you unfiltered content from congress and beyond. A lot has changed in 40 years but that big idea is more relevant than ever on television and online, cspan, so you can make up your mind. Brought to you as a public service. U. S. House is in recess until 4 30 eastern today when they come back to debate bills on financial regulation. Watch it live here on cspan. Wn and the fact we pay a lot to medicare and social security, the benefits will continue to grow. As a consequence, along with paying the interest on accumulated debt itself guest we are looking at the possibility of the debt to the level of the government growing from where it is today historic high around 78 of g. D. P. And flip side of it is the revenues and that is if you are trying to control the debt and deficits, you have to balance it out with the amount of resources that you are taking in. Revenues are important if they are not growing as fast as spending, you will have accumulation of debt. It is spending and major entitlement programs and also the rate of growth and receive news. Host is there away to factor in the tax cuts passed by republicans . Guest these are projected numbers and quite frankly the projections that the Congressional Budget Office and others make assume current law for the taxes and through 2025 i believe it is, the tax bill that republicans passed back in 2017. So it is a situation in which those are carried onto the future. Host looking at debt in the United States. All him. And make your thoughts available n twitter. Milk mulvaney at the meeting last month talked about that there was a constituency that still cares about debt and deficit. A problem since the 1980s. I never forget that, the first year i was in the house, the old bulls walked up to me and laughed and said it is always fun to see the cycle repeated itself and budget hawks to come back. He said welcome back. Ive seen them come and go, and i wanted to know that you will be gone in a little bit and i will still be here. [laughter] and i will spend that money. So you get that, and im not sure how fashionable a fiscal conservatism is. I believe the president believes it takes two to tango. Host what do you think about those comments . Guest i think is correct, it is not a top priority for the American Public or congress in terms of debt or deficits. Says something that i would is in both houses. The difficulty, as he pointed out, is the fact that you dont know when that last drop into the test tube will turn blue and you will have a fiscal crisis. We used to refer to it as debt and deficits being Something Like the termites under the front porch. They are there, eating away, and in the long term, someday, you will all through that porch. The difficulty, from my perspective as one who has worked at this for a long time, is the fact that it is a tax on future generations. This is reducing the level of what i would say the Living Standards are for our children and grandchildren as we accumulate more and more debt and deficits going forward. It may not have an immediate effect, but in the future, it is not popular to talk about that or deficits, but it is something, in the longterm future, is something we have to deal with. Host a quick reminder for the folks at home. The difference between debt and deficit. Guest good question. Deficits are the annual differences between spending and revenues. That is a deficit. The accumulation of those debt deficits over the history of the country, from the beginning of the republic, is the accumulated debt. Today, we have accumulated, from the beginning of the republic deficit, or debt, of nearly 22 trillion. Closerual deficit is to about 1 trillion this year. Host democrats line starts us off, michael, from grand rapids. Go ahead. Caller the debt. You mentioned ending social programs like social security, possibly, to accommodate the debt. We spend several times more than any other country in the world on our military buildup. Beware of the militaryindustrial complex thing. What effect would it
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