debt ceiling. did i miss something? was all that spending during the trump administration paid for? it makes you laugh. look, we expected debate but let s try to debate on the facts. during the last administration, the signature economic initiative was a completely unpaid for tax cut, most of which went to the most well off. that tax cut cost at least $2 trillion to the economy. and has not was not demonstrated to have any real manifest benefit to the economy. over that four-year period, the unpaid four initiatives added up to actually $8 trillion. and during that period there was really no not even an effort, not even an effort made to offset those costs with either revenue increases or spending reductions. that s what we inherited. president biden from the get-go had a very different point of view. rescuing the economy from an emergency, that s one thing. but on all of the long-term initiatives that he has proposed, every single one of them, he has identified how he would ful
mistake. the president making light of it. he was reminding folks, look what s been happening in the markets and the economy and look at this $5.5 trillion in tax cuts. we wonder where he got that figure. that s the gross total of tax cuts offset by about $4 trillion in revenue raisers. you get the $1.5 tax cut cost. it began in $5.5 trillion and the number raises to offset that prompted all of this. anyway, back with my guests, katie, did the president make good on just forcing that point across? letting people know, there might be a lot of people paying attention to this michael wolff book. he did not. maybe that s the way it should be. what do you think? this was a good time for him to get off twitter and be in tennessee. it s a savvy move. it reminds rural america and rural families that trump is