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>> some of the numbers i've seen -- heaven forbid, even the cbo, they're suggesting we already paid for two-thirds of the corporate tax cut. i think by the end of fiscal year '19, the corporate tax cut will be paid for. by 2020 it will be more than paid for. of course, we inherited a tough deficit situation. any time you have slow growth -- the prior administration had a very slow growth period. that really damages the budget deficit. >> they were coming off the great recession of 2008. >> by the way, i gave them that. i always have, but not eight years. that was the problem. they never got the snap-back we should have gotten. i don't want to waste time on those policies. you have a new sheriff in town. >> let's talk about the sheriff and his plans. >> i do want to say for mick mulvaney, our budget director and president trump, we are going to be tougher and tougher on spending. tougher and tougher on spending. that's part of the deficit calculation as you well know.

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