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The downgrade came. the country moved on. and then, just to make a point, obviously it wasn t just democrats who kept borrowing money and increasing the debt. it was republicans. just look at the numbers here. eight years of president obama, public debt goes up 9.3 trillion. four years of president trump, it goes up 7.9 trillion. president biden already has increased it by 3.6 trillion. it just seems like everybody s perfectly happy to borrow money and to spend money. well, first of all, it is interesting that some of the people who are moralizing about the debt ceiling and debt now were fairly quiet during the four years of president trump. they raised the debt ceiling three times during that period. and he contributed quite a bit to the overall federal debt during that period. and in fairness to him, part of it was the pandemic measures that had to be taken. ....
Mission. what do you say? i say the opposite. i wouldn t be doing this for fun and you know me, i ve thought for at least a decade i could start doing that job that president trump has on monday, i have a deep experience in both the private sector and internationally, and domestically, justice department, two terms as governor, et cetera, rated the most conservative governor in the united states because of cutting spending. i don t think that this president, frankly, is an economic conservative at all and i think he s way off base on climate change and environmental issues. i think he added hits ten year budget added 7.9 trillion for the deficit so it s going to be, at the end of this budget period and the president s projections, it s going to be 30 trillion, not 22 trillion anymore, that s really not fair to the millennials and the generation x s and our children and grandchildren. neil: it might not be, but 90% of republicans polled, governor, ....
Some of which could be cut out and, these are, some of which have good reasons for being in existence too, like the home mortgage interest deduction, the corporate deduction of, health care that they provide for their employees, or, charitable deductions or 401(k)s. but there are about, like i say, at least 214 various tax expenditures to be cut out. plus, why don t we start cutting back on the federal government which has been growing by leaps and bounds which is not, most of which is not justified? i think what we ought to do, is get government spending under control before we start raising taxes. and if we get government spending under control, i think you ll find that we don t need to raise tax. would you not cut entitlements at all? would you leave them the way they are? well i think, there is no use kidding. we know that social security, $17.9 trillion in unfunded liability. that is not as bad as medicare and medicaid. medicare is $38 trillion in unfunded liability. ....
First, i support social security, it is a great idea. but it wasn t set up to be fiscally sound. prior congresses have raided the social security trust fund to the point of 2.5 trillion. they spent the money. it is gone. all they left were some iou s. unfunded liability to date is 17.9 trillion. at the same time i m not afraid of talking about social security. the individuals, the young people think that talk to across the state of wisconsin, when i ask what do you expect to get out of social security? they say nothing. neil: is the media being too rough on governor perry? absolutely. because younger workers who are paying in the system have no expectations of getting anything. neil, what that tells me there s a very receptive audience for fixing these programs. i think what congress needs to do and i wish the president would lead, let s fix the ....