should be the best in history, women unemployment. meaning it s low. so low. so beautiful. our unemployment picture overall generally is almost the best in history. our numbers are among it is going to be interesting to see what happens in the next quarter. but, you know, i don t know if you saw it, but the atlanta fed predicted 4.8. i don t know maria: of course i saw. i saw it on your show. maria: thank you. maybe you weren t watching. maria: i was on the show. [laughter] but the atlanta fed predicted 4.6. then they upped it to 4.8. i don t know if that s true. but each point is 3 trillion dollars and 10 million jobs. and you know that when i originally took over, it was 1.2. and it was heading down because they wanted to put more we talked about the regulations and restrictions. they wanted to put more regulations on. they wouldn t have done any tax cuts. for the tax cuts we didn t get one democrat vote. now, add this to it, part of their platform, one other thing they w
but that s what happened. 4 years after that increased the total revenue coming into the country by 30%. then along game ronald reagan. martha: because more people had jobs. it makes you realize how much money comes into the government from taxpayers across the country. how do you prevent the swamp from sucking that money up and arguing these projects belong in my city and it turns into paying people off and having the money go to corrupt things? i think that depends on if we win the election and i think we will. for each 1% increase that translates into 3 trillion dollars of fund over a 10-year period. i was going to give the example
some desperately needed tax reform, and, you know, the president may want to drop the corporate tax rate to 15% and i don t know what he wants to do. david: would you vote for something like that, congressman? i will vote for a corporate reduction, but if it were 15%, you wouldn t? that may be a little lower than i d like to go. but if the president came up with or if the negotiators came up with offsets that would not cause us to continue to have revenues insufficient to covering our budgets, then that s something i have to think about. whether we bring in 3.3 trillion dollars in revenues in revenues and fees, but we re projected to spend 4 trillion, so, we ve got to somehow bring in additional revenue and i m not completely opposed to making some reduction in some of our
. you heard a lot about it during the campaign an across the board tax cut that jump start the economy on all levels. now, word that the trump tax plan could be delayed until at least august. and rich, you say these tax cuts should be job number one even more repealing obamacare. why? absolutely, job number one, because the best thing that trump can do in the next two years is to unleash entrepreneurs and investment in the united states and get economic growth well up over 3%. it s not we ve not had one 3% year in obama s years. we ve had the lackluster 2% growth. 3 trillion dollars of economic activity, you know, never happened because of obama. growth will give trump political capital and growth will create a sweep in the senate in 2018.
think about, every one percentage increase in growth over a decade reduces the debt by 3 trillion dollars. the math shows you get the debt down that s a big increase. that is a big increase. we can do it, ben. emily, we have so much on our backs. how much is the average american carrying in this debt load? yeah. so the national debt per capita right now is around $60,000. for taxpayers it s about $100,000 more than that. as a young person, i don t know how i can emphasize enough, this is not monopoly money. we have people coming out of college with an average of about $35,000 in student loan debt. add to that their $60,000 of national debt per capita. youth unemployment is around 16%. it s a dire, dire situation for america s young people and it needs to be talked about by people on both sides of the aisle, which it isn t being and i m begging them to do that. i m going to talk to the person on my right.