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but where are the next three, four, five trillion dollars worth of reduck that is need to happen to put america on a fiscally sustainable path. let me think about the proposal we got from the president. if he with gave him $1.6 trillion of new money, what do you think he would do with it? he would spend it. that s what washington does. you don t think he would use it to help pay down the debt? he will spend it. look where he put up the unspecified cuts up, and yet at the same time that s over $400 billion over ten years. while he wants over $400 billion in new stimulus spending. this is it s a nonserious proposal. you talked about the fact that the president won and you came out with a concession the day after the election. they point out that the president campaigned on raising tax rates. you know, it was the big issue between him and romney and they said just as he had to cave

America ona fiscally sustainable pathDoesn tCuts up6 trillion1 6 trillionStimulus spendingNonserious proposal400 billion00 billionTax ratesStatus quo