David Schweikert: “I am one of the people who have to actually admit to this, that, often, as Republicans, we sound like accountants on…”

“I am one of the people who have to actually admit to this, that, often, as Republicans, we sound like accountants on steroids. We are looking at the numbers. We want to do policy by facts and not feelings, because when you do things by feelings, you end up, ultimately, hurting people. When you do it by facts, you actually build something that is sustainable. This is one of the moments where a lot of the economic theories we have talked about, if you would lighten and go to a more rational regulatory model, if you would design a Tax Code that got rid of these incentives to move your profits overseas and pull your expenses into the United States and go to a territorial system where you had the vitality, where capital would flow in, where you actually gave businesses the incentive to actually buy much more efficient capital equipment--because the way you pay people more is we have to get more productive as a society. Yes, some of the barriers we were worried about were: Will folks get this tax benefit and spend it all? Now we have seen some data, which is different than how CBO modeled it. People are paying off debt and other things, so the capital stock in our country is going up. There are just really good things. Right now, we have a labor shortage, and you can see something amazing. Take a look at things like Social Security Disability. A year ago, it had only like a year before the trust fund was empty.…”