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Detailed text transcripts for TV channel - FOXNEWS - 20180218:15:38:00

money? we have to give to get so we had to do domestic spending that the democrats wanted so we could get our defense spending and we got a lot of spending cuts we wanted they didn t want either so yes this is a bipartisan compromise you don t get everything you want and what i would simply say is look at what the house has already proven our ability to do on entitlements. we have passed every year since we ve been in the majority, every term big entitlement savings, the problem we have is we can t get these things through the send aour healthcare bill people look as the repeal and replace bill that was enormous entitlement reform bill for medicaid, obamacare. maria: so what s realistic then you aren t going to make changes in an election year. this is in the journal today. income transfers like medicare medicaid, social security food stamps that category was 47.7% in 1989 and today it s 69.2% and that doesn t include the net interest on the debt.

Detailed text transcripts for TV channel - FOXNEWS - 20180218:15:39:00

so these deficits that you saw from mulvaney s budget those are stubborn structural deficits we saw before this discretionary agreement and baby boomers are retiring and we re not ready for them. we have a structural deficit increase because of our entitle ment spending and the biggest driver is healthcare. this is why one of the biggest casualties of a narrow senate of that bill not passing was not getting healthcare entitlement reform. we ve got to reform our healthcare entitlement so that s why we never give up on reforming healthcare because if you reform healthcare you take care of the structural drivers of our debt. maria: and then the graham cassidy obamacare repeal bill almost passed the senate last year this is one area where the president said this maybe should be the focus are we going to try this again this year? i think there are a lot of things we can do incrementally. we got rid of obamacare/funds so we repealed the original mandate in the tax bill and doing

Detailed text transcripts for TV channel - FOXNEWS - 20180218:15:41:00

the markets may push your hand. we re seeing thousand point declines and nervousness about these deficits. like i said we pass this bill in the house already. we ve done this in the house. we ve not been able to get these bills passed in the senate or over the finish line. maria: so what do you do? what s the realistic solution here? what we tried to do was do it all in the house bill with repeal and replace like i said we passed it and that bill one guy in the senate did this instead of that and that went down. that would have been the biggest entitlement reform bill ever passed by congress so we re going back and doing it incrementally. we re doing other entitlement reforms to chip away at this problem. maria: do you think you ll have an actual entitlement reform package in place this year? i can t answer the question. maria: it s unlikely. this is an election year. i think there are things we can do if we can get at the root cause of health inflation and do things that are g

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