decreases and they say that right now, 3 to $7 trillion will be lost in the economy if these taxes are cut. what is stuart varney s free market answer to that? my answer is i can t believe the democrats are whining about growing the deficit and the debt. during the last 8 years, we went from $10 trillion in debt to $20 trillion in debt. no other president, no other time period had ever seen a rise in the debt and the deficit quite like that. why are they now whining about this tax plan which actually may well pay for itself in the long run. brian: betting on america s productivity? look, in the immediate future, the deficit, the debt will go up. that s a fact. that s gonna happen. you have already got a 400 billion-dollar deficit baked in because of the olbermann oba. the debt goes up but over the longer term you get growth from tax cuts and that will take care of the ongoing
so, i like the old fashioned idea that the founders, stay out of others business and do not get involved in the civil wars around the world. neil: it always comes back to oil. we need the region. is ron paul saying to hell with the region we will not put in another penny. guest: i don t exactly that terminology but i would say we don t need to. japan doesn t have any oil wells, are they worried? there is an international market that will always be there and you can always buy oil. what we need is to make sure if there is a true shortage of oil you have a free market answer to the problems, but, today, we are not allowed to drill for oil, you cannot build nuclear power plants. neil: you would put the focus on drilling here rather than trying to pay off friends there? guest: at least logicallize it and make sure we had we
it certainly won t get through the senate and won t be signed by the president? you re right on that. and the president seems to be leaving the door open for at least some discussion many he said, look, the bill can be improved. but working toward repeal is going backward. is there wiggle room to maybe get in some of the changes or tweaks that you all think would make this better? yeah, of course. i don t think the government should be involved in medicine. anything in that direction would help. i think they have backed off on the 1099. they realize how expensive that would be for small business people. many government programs i disapprove of, but i always think, if you re legally allowed to get out of it, it would be helpful. right now, this bill, flip it over and say no longer can you legally opt out of a government-mandated system. whether it s education or whatever, i like the idea that we still have hope, and we can immediately opt out and fight for ourselves and opt for