By the time these cases get process for the debbie g oh, what happens with the politicians in the future might not have the same interest in limited government and good tax policy . They get the wto decision and they say be simplest way to deal with this is make wages no longer deductible. Even though its a subtraction method, debbie geo would probably approve it, and that, of course, i think you might as well fold up shop. Thechance of controlling size of government would be very, very low. This is something i think we need to seriously think about. Also, we have to think about the implications for tax competition, which i think is one of the few good things on our side controlling the greed of the political class. The better way plan in some sense is based on a plan that was published by the center for american progress, which is not exactly an organization that is friendly to limited government and low tax rates. The very first subtitle was avoiding the race to the bottom. And that
85 of the projected growth in spending over the next decade is driven by health care and retirement entitlements and interest on the debt. So thats where reforms need to target. To balance the budget before the end of the decade, we saw in the last house budget, it takes more than 5 trillion in cuts. That is assuming you start cutting right away. If you decide to cut in future years and not address spending next year, it takes bigger cuts to get to that ballpoint. So the sooner lawmakers can start cutting, the better. Where exactly should they start . Repealing obama care has to be their First Priority simply because 44 of the growth in sbiltsment spending is driven by the health care law. So if we are to rein in growing spending and debt obama care is where we need to start. This needs to be combined with reforms to Medicare Medicaid, and Social Security. During this process, lawmakers should be guided by focusing benefits on those individuals with the greatest need and delivering tho
Follow us mitchellreports. Katy tur is up next. Good afternoon everyone out there. Two major event were waiting on now, the first any moment President Trump is expected to appear at the department of Homeland Security in washington where he will sign two executive actions related to sanctuary cities and his famous wall along the southern borer it. Moments ago abc news aired a preview of its interview with President Trump airing tonight. Here is what the president said about the wall including when he hopes to begin construction. Are you going to direct u. S. Funds to pay for this wall . Will american taxpayers pay for the wall . Ultimately it will come out of whats happening with mexico. Were going to be starting those negotiations relatively soon, and we will be in a form reimbursed by mexico. Theyll pay us back . Absolutely 100 . So the american taxpayer will pay for the wall at first . All it is, well be reimbursed aa later date. . Mexicos president said mexico absolutely will not p
Dueling memos. Ainsley House Committee voting unanimously to release the democrats rebuttal. Now its up to the president whether or not that will be made public. Brian so there is a memo, there is a memo and a followup memo. Griff jenkins is live in washington because he got the memo that we needed to start the show today. Hey, griff. Good morning, guys. Memo battle is on. The Committee Voting unanimously to release the democrats counter memo. Now the president has five days to decide whether or not to release it to the public. The same review period as the republican one. And the top democrat on the Committee Adam Schiff says this will better inform the public and he is calling on the white house not to make any redactions based on politics. Our memo, in terms of sources and methods, we want to make sure that those that are in the best position to vet that have the opportunity to do so. We want to make sure that the white house does not redact our memo for political purposes and obvio
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