I think you have it about right with respect to the revenue side of the equation. I think you are headed in the right di...
I served on Simpson-Bowles. In many ways I think your work product is actually somewhat superior to ours.
Any prudent person, I think, would say, we are going to have to make some changes.
I will tell you, it is extremely impressive. It is being carefully done.
It is incredibly important to the economics of the country that we make further progress.
We have provisions right now that encourage us to invest, and we need to invest heavily in the Bakken.
We need to lower the corporate rate to be more competitive.
When you are borrowing $0.40 of every $1, that cannot continue much longer.
I personally believe we are going to have to reduce tax expenditures, broaden the base.
One thing I learned about Senator Nickles is his word is absolutely gold.
Since 2005, we have gone down from 60-percent dependent to 45-percent dependent last year.
The money pours out of Washington. There are rules and regulations with each of these programs.
We should have a layer cake. Each of the levels of government should fund their own programs.
The Federal Government should have some basic functions that we all agree with, and we ought to leave a lot of stuff lik...
Let's let the States fund it and do it. Then the States can learn from each other to see what works.
Yes. Absolutely. I mean, again, we are always going to have lobbying, and that is always going to be a problem.
I think the most important tax reform we need in the United States is to lower our corporate tax rate.
Tariffs are taxes. I mean, they are taxes on international trade.
