because if the hard earned tax dollars can be treated like monopoly money. the president is going to have to be consistent and clear. he can t spend big part of his state of the union talking about more spending programs and then say that we re we have got a serious deficit problem. bret: the president, the administration submitted a 3. trillion-dollar budget proposal to congress today. that means the proposal has it at $1.6 trillion deficits for the following year. here is a quick breakdown of the numbers. the receipts are taxes are scheduled to rise from 14.8% of the gross domestic product of 2009 to 19.6% by 2020. outlays or spending scheduled to fall from 24.7 of the g.d.p. this past year to 23.7, g.d.p. in 2020. and the national debt is scheduled to rise from 53% of the gross domestic product in 2009 to 77.2% of g.d.p. in 2020.
that s 90% of how you get there, what do you make of that? it s a big tax budget. the first place, if you look at 2020, ten years out, we re raising in this budget 19.6 of national income, an extra 300 odd billion dollars every year. if you look at the tables included in the budget and add up tax increases, tax increases, subtract cuts, up 1.$2 trillion in new taxes. they counter by saying we re focuses on the $250,000 and over crowd. when you tax them, the numbers are big. so douglas s math skews that point. raising the income tax on the top two levels will get $678 billion, the treasury hopes, over ten years, taking
go down unless, quote/unquote, everything is on the table at the end as far as you re concerned? we ve seen a variety of efforts to fix this through the regular process in congress. hasn t worked. so the reality is this. we have an enormous spending problem in the federal government. we need to take it and get it under control. even this budget, which has revenues going well above their norms, 19.6% of spending under control without pretending you can tax your way out of the problem? that becomes the political difficul difficulty. to take a giant step back here, everybody talks about deficits. we know deficits are bad. but just explain to folks at home why running deficits like this is so dangerous to our economic well-being. if you do this in the way we do in the united states which is chronically and getting larger going forward, you have the government taking money that could be available to schoolchildren, to build skills in workers, to invest in the latest technologies and
in canada. the temperature records were being smashed, and the previous record was 44.1; celsius. now it is 19.6. that is now canada s highest ever temperature. moving into the us, it went from this to this. and further south in portland, the older record was beaten by another big margin. and none of this is normal. this is how one canadian climatologist put it. nature is telling us that this is not normal, too. on the pacific coast, it s estimated over a billion marine
actually win a district that voted for trump by 19.6 points, two things need to happen. number one, they need a favorable environment where trump is unpopular nationally and i think that isn t getting them halfway there. the other half is the difference in candidate quality. and lamb has been relentless on message. he is an outsider at a time when his republican opponent is an eight year veteran of the state legislature and has taken right to work vote. there are 86,000 union house districts. this district has the type of dna for democrats to be able to count on some ancestral strength to make it close and perhaps win. ed, i want to ask you on the point dave is making. what is your sense of where this district is? the union households that are there, did they just vote for trump because he s trump, or are they going to be republican voters, do you think, for decades, and do you think