debt. chris: but the fact is there is no evidence that tax cuts pay for themselves. the reagan tax cut back in 1981 added $208 billion to the deficit over four years. the bush tax cuts in 2001 and 2003 added 1 and a half trillion dollars to the debt over ten years. mr. mulvaney you can argue that tax cuts spur economic growth. i think that s a perfectly legitimate argument, there is no evidence that they pay for themselves. well, just look at the facts and you can go back, chris, and make an assumption and run some numbers but if we have 3% growth, which what we are trying to get, where we are at, by the way, right now, maintain that, if we benefit, the budget very nearly would be balanced this year, that s how big a difference it makes, that addition of 1% over ten years.
growth will return to the nation. those are the two primary principles. when you hear the president say, he doesn t really care what happens to the top 1%, that s real for him. this really is about the middle class and the corporate tax rate for the president. director mulvaney, as we get more details on the tax plan win look forward to talking to you about them. oh, thanks, jake. thanks so much. it s not just president trump criticizing the san juan mayor, the fema administration says the mayor needs to be better plugged into what the agency is doing on the ground. senator bernie sanders is here and he will weigh in next. stay with us. money managers are pretty much the same. all but while some push high commission investment products, fisher investments avoids them. some advisers have hidden and layered fees. fisher investments never does. and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do
that s the change that encourages foreign businesses to set up shop here and have businesses invest in their workers again so productivity can get up and economic growth will return to the nation. those are the two primary principles. when you hear the president say, he doesn t really care what happens to the top 1%, that s real for him. this really is about the middle class and the corporate tax rate for the president. director mulvaney, as we get more details on the tax plan, i look forward to talking to you about them. oh, thanks, jake. thanks so much. it s not just president trump criticizing the san juan mayor, the fema administration says the mayor needs to be better plugged into what the agency is doing on the ground. senator bernie sanders is here and he will weigh in next. stay with us. money managers are pretty much the same. all but while some push high commission investment products, fisher investments avoids them. some advisers have hidden and layered fees. fisher
budget director you asked me an opening question, what happened to me, why am i interested in deficits, the only way you balance the budget long-term is through sustained economic growth and that s why everything we are doing in this administration is aimed to that end goal. chris: director mulvaney, thank you for sharing part of your weekend was specially on a college trip with your son. we will track the progress of the tax package, thanks, again, sir. thanks. chris: up next roy moore s victory over a candidate backed by president trump in alabama senate primary it s ok that everybody ignores me when i drive. it s fine, cause i get a safe driving bonus check every six months i m accident-free. and i don t share it with mom. right, mom? right. safe driving bonus checks, only from allstate. switching to allstate is worth it.
rolls out the republican plan to cut taxes. we ll discuss it with mick mulvaney, next. this is the story of john smith. not this john smith. or this john smith. or any of the other hundreds of john smiths that are humana medicare advantage members. no, it s this john smith. who we paired with a humana team member to help address his own specific health needs. at humana, we take a personal approach to your health, to provide care that s just as unique as you are. no matter what your name is.