I think it is abundantly clear that it is the investment of accumulated capital that makes economic growth possible.
At the end of the day, there is no free lunch, and a Government spending expansion here is actually going to do more harm than good.
I am sure you would agree that when it comes to its impact on economic growth, not all Government spending is equal.
If we can have policies that will encourage maximizing economic growth, all problems are easier to solve with a strong, growing economy.
The current law baseline is not meant to be a predictor of the future.
I just want to underscore, I think this is a problem with the scorekeeping methodology.
I think if you want everybody to have prescription drugs, then I don't know why in the world you wouldn't have Medicare negotiate with the d...
Wouldn't that tend to enhance growth and, therefore, enhance revenue to the Government?
This is the most pro-growth thing we can do is to fundamentally reform our Tax Code.
Some encourage economic growth more than others?
That suggests to me that it is very dangerous to delay making meaningful reform.
For whatever other reasons, from a purely economic consideration, if you choose to use a less efficient source of energy, you have less pros...
For every dollar that was dedicated to lowering rates, there was a dollar dedicated to deficit.
I would argue that it is already happening.
Medicare is the real driver of the entire health-care picture.
So structural reforms in a program are likely to have more enduring results than long-term caps designated. Would you agree with that?
My preference would be that we move in the direction of a more territorial system.
My own view from the beginning has been that the most constructive thing we can do to maximize economic growth is major reform of both the c...
