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National debt. I believe your answer to that question was focused on the size of the debt in relationship to the economy. The gdp, which i understand. I understand the argument and i understand the analysis. Its something that we talked about a lot in budget circles over the last few years. The the question i have though is does that really justify a budget that continues to frankly borrow hundreds of billions of dollars every year . And to spend that money in an effort to as you indicated to stimulate the economy, invest in things that should help the taxpayers and the people of america, but never balance. I think my question, my question is this. Is it possible for us or any nation to simply spend in deficit, every year, perpetually, borrowing money and never balancing and to keep ourselves in a prosperous posture . Can we spend ourself perpetually sbroo prosperity on borrowed money . Senator i think weve obviously talked a lot about this issue of what the right measure is. I think a ....
The president s executive actions that he took late last year would improve the prospects. What period of time . Over the over the life of the individual . Youre not counting the times that these individuals would be drawing their benefits, mr. Donovan. Youre counting a shortterm window in which they would pay in, creating a shortterm surplus of money or additional flow of money, but youre not counting when they draw out. Its going make the Social Security hold deeper. Its going make it harder for us to save Social Security and medicare and you know it. And youre suggesting to the American People directly directly different than that. Its wrong. Senator, you dont need to take my word for it. The actuary senators time has expired. Along with cbo suggests the action by the president will reduce. Senator whitehouse. Than ....