you ve got to look at the other side, as well. are you worried about going into 2018, where you gave a big tax cut to corporations and still in the maybe phase to see how it works out for people in the working class. and you have to justify this huge deficit that you put on the budget books, as well. are you worried about that? i m always worried about the debt and deficit spending. i m going to always be worried about that. but i am encouraged, because of, as i say, what we have seen in the past, both in the kennedy administration and also in the reagan administration. look, we saw growth during reagan at 7, 8%. but you saw how you cut the taxes then. the tax burden was so high that the cut was dramatic. and it changed economic dynamics in a way that you will not have today. you also had a ballooning deficit and a lot of residual tax growth not tax growth, tax increases under reagan as a result, also. doesn t that matter? well, look at what s just happened, even without the
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seen as a starting point in the debate over the nation s spending priorities, yet rather than a lot of new ideas in these budget books, critics suggest it s more of the same. the republicans say the president s 2015 budget spends, borrows, and taxes too much, neil? michael, thank you. it is ironic right now that all of this is going down on fat tuesday, good reason to party in new orleans, maybe, but minnesota republican congresswoman michele bachmann says no reason to celebrate in washington, so congressman, the bottom line is the president has proposed a budget that breaks his grand bargain with republicans and particularly with speaker boehner. that s not good. no, it s not good. and i think what the president has done is he s given the perfect example to the american people why we need to have a republican senate and a republican house and why the republican house has been so effective in trying to put the brakes on to whatever extent they can for the out-of-control obama budge
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