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Rallying against it. he has that deficit hog that will be still hammering away. he had some deficit hawks there but with the president trump in office, things like tax cuts immigration infrastructure, this plank of the republican party has been withdrawn to the back burner. people like rand paul, while they can make a great point about it, is not going to be something is all about politics? to be able to give the president his victory so therefore they get to take that into the republican party. meaning they can taken into november saying that this is why he should continue voting republican. because here are the successes of this president. however i read that some republicans may be reluctant to actually on the one hand give the president his due but also be reluctant on the other hand perhaps to attach the presidents name to brand the ....
The last seven, eight years, 4%. it is currently less than 2%, as you know. right. the possibility of interest rates staying as low as they are now is highly unlikely, and that as interest rates rise, yes, the economy will recover but the interest payments on the much larger debt become crushing. a couple of things there. first of all, as long as the economy remains weak interest rates will remain low. if the economy gets stronger interest rates will go up but also if the economy gets stronger we will have more revenue and then i start to become a deficit hog. by no means am i saying we have to stay in this expansion mode under all reasons. the idea that we will be facing higher rates is belied by history. look at japan. they have been running deficits ....
Obama wants to put it into obama care and a new entitlement for health care. whereas ryan wants to put us on a more sustainable fiscal path. that s a big difference. he wants to put us on a sustainable fiscal path, why won t he raise revenues? why doesn t his plan reduce the deficit? it doesn t deal with the debt that the republican plans have actually added on? paul ryan is the guy who voted for the tax cut that added trillions of of dollars to the debt. he voted for tarp. he voted for the automobile bailout. now he wants to be a deficit hog. it just doesn t add up. i hear your point. i think the american people can see through it. real quickly, i want to play something. take a look. i think we re either today going to escalate into nuclear war, duh this is not the campaign either candidates want but it s really escalated. ....
I believe that there was a budget vote on a version of the president s well, it got zero votes. that s not a serious budget. he got zero votes this time. zero votes last year. i understand. but do you have any reporting on do any of you guys have any reporting on the democrats? because i know the democratic budget chairman, a friend of ours in the senate, is a good guy and a deficit hog. i know this is coming from harry reid. i think the democratic point of view is there is no democratic budget that could pass in the congress as currently constituted. so their point is not only they will be attacked, but attacked for no purpose whatsoever because there is not going to be a budget that looks anything like their budget. so they want to make this election a referendum on budget priorities. and so paul ryan s budget will not be passed. barack obama s budget vision or the democratic vision will not be passed. there will be a big debate in 2008 over whose vision of what the bud ....
Intellectual honesty in the room and recognizing what the political realities are. i think a large number of people are economied to do it. it has to be everything. everything has to be on the table from social security to the defense department. i m convinced there is $50 billion a year in waste in the defense department and we can get it and i m convinced there is hundreds of billions of dollars of waste across government programs and we can go get it. i think there is a commitment to try and get something done. whether we will or not i don t know. the mandate on us is do we want to make these decisions ourselves, chris or ultimately want to have the people who own your debt tell us what we are going to do? i would much rather be in the process of making those decisions myself. chris: senator mccaskill you have become something of a deficit hog but republicans note that you voted for the stimulus plan, you voted for the obama healthcare plan. are you now willing to cut ....