How can you claim that's reducing the deficit?
Should it be 50 percent? Should they pay 70 percent of the total income tax? Should they pay 50 percent of total tax?
In President Biden's vision of the future, interest on the debt costs more than the national defense.
But we are not, we are not on a sustainable path.
How can you claim that you are cutting deficits?
I will say the tax reform worked in spurring economic growth.
I am running out of time--it is $17 trillion, okay?
I would say that the number one economic problem is our debt and deficit, and I would say that the top three causes of inflation are massive...
Madam Secretary, you were also the one who said that inflation was transitory, and it certainly is not.
You're actually increasing the deficit by about $300 billion in 2024 is your projection over the 2023 projection.
You get out of this budget situation not by growing taxes, but by growing the economy.