going to have to start the process of cutting up the credit cards, pure and simple. senator durbin, let me ask you about the president s plans. he s going to start addressing i ve got one minute left. can you tell me what you know about where the president wants to head? we were told by david plouffe that he will touch on social security, medicare and medicaid. what else can you tell us? i can just tell you in the most general terms, i spoke to the president and he believes as we did with his deficit commission, which i voted for, he believes that we need to address everything. put it owl an the table in a responsible manner. i respect paul ryan and jeb hensarling, but their budget proposal leaves gaps when it comes to this discussion. they do not talk about responsibility for those in the highest income categories. they continue to give them lavish tax cuts. they don t talk about spending cuts and savings in the pentagon. well we certainly can save money there. let s put everyth
commission, which i voted for, he believes that we need to address everything. put it all an the table in a responsible manner. i respect paul ryan and jeb hensarling, but their budget proposal leaves gaps when it comes to this discussion. they do not talk about responsibility for those in the highest income categories. they continue to give them lavish tax cuts. they don t talk about spending cuts and savings in the pentagon. well, we certainly can save money there. let s put everything together on the table. i think the president will try to approach this in a comprehensive way, take as much as he can take politics out of it and talk about working together. for four months there have been six senators i m one of them, three republicans and three democrats, sitting at a table back and forth hammering this out. we re very close not quite there, but very close. i hope we can help the president find some guidance for the future. senator dick durbin, be interesting to see if we can
wealthy as opposed to helping the middle class and the lower income clagsz? you ve asked a lot there. no, it doesn t inorder antel hit the wealthy. it s a benefit for every american, including those in the very lowest income categories. this is a tax cut for every american, republican, democrat, inds pents. and honestly i m glad i m a democrat not arguing for that because most americans think the government keeps too much of my money. heritage, the congressional budget office, american enterprise, there are numerous scholar well respected studies that show very clearly the cbo hasn t scored this up yet. no. but i m talking about the general idea that you get economic growth from stimulus tax packages. and that s exactly what this is. what about making it so that there is no estate tax? the estate tax benefits the wealthy? yeah. donald trump says he s worth