charlie you don t have to go back 20 years ago or 20 years hence, 100 percent of the revenue that came into the country, every single dime of it was spent last year on interest on the debt and these mandatory spending, mandatory spending is principally the entitle programs, medicare, medicaid, social security that means every dollar we spent last year on these two wars, on homeland security, on education, on infrastructure. rose: money we didn t have. yes. it was borrowed. rose: we would have to borrow it. half was bore red from foreign countries, that is like crazy, so at the end of this year, you know, we have a crisis we are facing, we have got all of the bush tax cuts expiring that is about a $3.9 trillion economic hit, so where do you stand on letting the bush tax cuts retire. to reduce the deficit or as a bargain tool. i never would have voted for them in the first place in the senate because what you coevery time you are in the u.s. senate, to assure yourse
charlie you don t have to go back 20 years ago or 20 years hence, 100 percent of the revenue that came into the country, every single dime of it was spent last year on interest on the debt and these mandatory spending, mandatory spending is principally the entitle programs, medicare, medicaid, social security that means every dollar we spent last year on these two wars, on homeland security, on education, on infrastructure. rose: money we didn t have. yes. it was borrowed. rose: we would have to borrow it. half was bore red from foreign countries, that is like crazy, so at the end of this year, you know, we have a crisis we are facing, we have got all of the bush tax cuts expiring that is about a $3.9 trillion economic hit, so where do you stand on letting the bush tax cuts retire. to reduce the deficit or as a bargain tool. i never would have voted for them in the first place in the senate because what you coevery time you are in the u.s. senate, to assure yourse
charlie you don t have to go back 20 years ago or 20 years hence, 100 percent of the revenue that came into the country, every single dime of it was spent last year on interest on the debt and these mandatory spending, mandatory spending is principally the entitle programs, medicare, medicaid, social security that means every dollar we spent last year on these two wars, on homeland security, on education, on infrastructure. rose: money we didn t have. yes. it was borrowed. rose: we would have to borrow it. half was bore red from foreign countries, that is like crazy, so at the end of this year, you know, we have a crisis we are facing, we have got all of the bush tax cuts expiring that is about a $3.9 trillion economic hit, so where do you stand on letting the bush tax cuts retire. to reduce the deficit or as a bargain tool. i never would have voted for them in the first place in the senate because what you coevery time you are in the u.s. senate, to assure yourse
charlie you don t have to go back 20 years ago or 20 years hence, 100 percent of the revenue that came into the country, every single dime of it was spent last year on interest on the debt and these mandatory spending, mandatory spending is principally the entitle programs, medicare, medicaid, social security that means every dollar we spent last year on these two wars, on homeland security, on education, on infrastructure. rose: money we didn t have. yes. it was borrowed. rose: we would have to borrow it. half was bore red from foreign countries, that is like crazy, so at the end of this year, you know, we have a crisis we are facing, we have got all of the bush tax cuts expiring that is about a $3.9 trillion economic hit, so where do you stand on letting the bush tax cuts retire. to reduce the deficit or as a bargain tool. i never would have voted for them in the first place in the senate because what you coevery time you are in the u.s. senate, to assure yourse
country from within. and the arithmetic is easy to understand. and if you take just last year, charlie you don t have to go back 20 years ago or 20 years hence, 100 percent of the revenue that came into the country, every single dime of it was spent last year on interest on the debt and these mandatory spending, mandatory spending is principally the entitle programs, medicare, medicaid, social security that means every dollar we spent last year on these two wars, on homeland security, on education, on infrastructure. rose: money we didn t have. yes. it was borrowed. rose: we would have to borrow it. half was bore red from foreign countries, that is like crazy, so at the end of this year, you know, we have a crisis we are facing, we have got all of the bush tax cuts expiring that is about a $3.9 trillion economic hit, so where do you stand on letting the bush tax cuts retire. to reduce the deficit or as a bargain tool. i never would have voted for them in the first