Billion. The dear lords in the interest markets have been very, very kind to us. But when you actually look at the curve, so much of the spending once again is what we call mandatory, but if you actually look at the well call it the rust over there something most people dont understand and im going to reach over and point to what is the individual income tax ortion. Most people dont understand the individual income tax is the majority of the income to this country, its not intended for one of the trust funds. If you actually look at the , its been come tax going up but its still a fairly small sliver. Now why did that change . So often you get people who will bring me charts and say, david, 25, 30 years ago the corporations paid so much more. Well, also 25, 30 years ago there was this new concept of passthroughs. L. L. C. s. Partnerships. So what happened is many things that used to be corporations in the 1950s, 1960s, 1970s, up through the 1980s, at the end of the 1980s there was a re
Billion. The dear lords in the interest markets have been very, very kind to us. But when you actually look at the curve, so much of the spending once again is what we call mandatory, but if you actually look at the well call it the rust over there something most people dont understand and im going to reach over and point to what is the individual income tax ortion. Most people dont understand the individual income tax is the majority of the income to this country, its not intended for one of the trust funds. If you actually look at the , its been come tax going up but its still a fairly small sliver. Now why did that change . So often you get people who will bring me charts and say, david, 25, 30 years ago the corporations paid so much more. Well, also 25, 30 years ago there was this new concept of passthroughs. L. L. C. s. Partnerships. So what happened is many things that used to be corporations in the 1950s, 1960s, 1970s, up through the 1980s, at the end of the 1980s there was a re
Billion. The dear lords in the interest markets have been very, very kind to us. But when you actually look at the curve, so much of the spending once again is what we call mandatory, but if you actually look at the well call it the rust over there something most people dont understand and im going to reach over and point to what is the individual income tax ortion. Most people dont understand the individual income tax is the majority of the income to this country, its not intended for one of the trust funds. If you actually look at the , its been come tax going up but its still a fairly small sliver. Now why did that change . So often you get people who will bring me charts and say, david, 25, 30 years ago the corporations paid so much more. Well, also 25, 30 years ago there was this new concept of passthroughs. L. L. C. s. Partnerships. So what happened is many things that used to be corporations in the 1950s, 1960s, 1970s, up through the 1980s, at the end of the 1980s there was a re
Billion. The dear lords in the interest markets have been very, very kind to us. But when you actually look at the curve, so much of the spending once again is what we call mandatory, but if you actually look at the well call it the rust over there something most people dont understand and im going to reach over and point to what is the individual income tax ortion. Most people dont understand the individual income tax is the majority of the income to this country, its not intended for one of the trust funds. If you actually look at the , its been come tax going up but its still a fairly small sliver. Now why did that change . So often you get people who will bring me charts and say, david, 25, 30 years ago the corporations paid so much more. Well, also 25, 30 years ago there was this new concept of passthroughs. L. L. C. s. Partnerships. So what happened is many things that used to be corporations in the 1950s, 1960s, 1970s, up through the 1980s, at the end of the 1980s there was a re
Welcome to newsmakers. Returning this week is stephen law, president and ceo of the Senate Leadership fund. Their goal is to support Senate Majority leader Mitch Mcconnell and retain republican majority in the United States senate. Thank you for coming back. It is a timely week. This week on tuesday is the special election to fill Jeff Sessions seat in alabama and we will talk about that and also about the seeming feud between the president of the United States and the Senate Majority leader. Lots on our agenda. Let me introduce the two reporters who will be asking questions. Erica warner is the chief congressional reporter for the associated press. Thank you for coming back this week. Erica my pleasure. Al weaver joins us for the first time. He is a political reporter for the washington examiner. Erica, why dont you start . Erica steve, i think we have to kickoff with asking about the trumpmcconnell feud. What did you think about seeing the president lay into your former boss when you