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Broad swath of estimates because of this large cut in the corporate rate. now one of the score keepers, the joint kplee on taxation, did what s called a dynamic score which they factored in growths. which is somewhat kosher thing to do and they told us it s going to add a trillion dollars to the deficit. so i think that s extremely problematic especially when we already have republicans going around saying, well, we are certainly going to have to cut spending, social security, medicaid, safety net programs, to offset these higher deficit costs. well, they are the ones responsible for the higher deficit costs. so this is really a two step play by them. and i think it will go down against middle and lower income families. i m talking to both ph.d.s here. and art i want to ask you about something that the senate majority leader said this morningment quote, i m totally confident this is a revenue neutral bill. i think it s going to be a revenue producer. i look at his confidence and see ....
Immediate collapse. prolonged delays could hurt the u.s. credit rating and further increase deficit costs into the billions. seems like the legislative priorities are not so much about let s fix the debt, fix the deficit, control spending but really just to continue spending, continue to add to the debt and deficit. bret: if our creditors ever lose confidence and our ability to pay back our debt, interest rates could shoot up dramatically. that would be disastrous for anybody who has ordinary kinds of debt, mortgage, car debt, consumer loans, and for businesses that want to invest. it could be could precipitate another recession. he went up congressional leadership to determine when, not if, the debt ceiling will be raised. the government is not going to default. we will do it. bret: tomorrow our series ....
I think carl put it right before we broke away, a lot of this is going to come down to can trump and the administration hold votes in the u.s. senate within its own party and within the house, and i think on obamacare, for sure, he s going to have to do with just republicans. i m not sure even that they could find agreement among that system of caucus there. when you get to other things, like the spending, the deficit costs, they are not going to go for this spending, with any kind of component to the public or private part. i think this is really going to be a problem. i don t think he has any votes in the house with democrats in the house or the senate right ....
We eat. what if something bigger is going on to, again, dwarf whatever progress you make on the tax cut front? guest: there is something bigger going on, government policies across the board, just look at the ethanol subsidies driving up the provides offed for, and it is government involvement in every area of our lives, it is destructive and we are pushing back and we have to keep pushing back at the edge of this, it is in the allow slowing down but putting things in reverse. neil: what is interesting, i have heard other tea partyers and you are like the big one, saying, look, and i mean that respectfully, if we do not get the debt costs and deficit costs under control, the cost of carrying this stuff in inflationary environment will be even more prohibitive. so, in a way, the inflation argument could work in your favor to make that argue, right? ....
Line, bipartisanship is another name for date rape. it s so cynical to the vast majority of the american people who expect us to elect people and then find a way to work together. find a way to define that common ground. and on taxes, it s possible, as well. whether it s a temporary extension or a proposal being floated by senator schumer. i think it would be achieve a genuine compromise and make it much more difficult for republicans to argue those folks who make over $1 million a year shouldn t have slight tax increase to delay some of the deficit costs. these are all negotiations, but exactly the right tone, it s what the american people want. and i really applaud them. john, i would think it s the opposite. i think most americans understand when they hear bipartisanship, they ve got to bend over and get ready. what are you talking about, man? every time the republicans and democrats compromise on something, they compromise in favor of bigger government. it rarely ever comprom ....