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Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
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Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
5.7s
I wanna ask you about your tax plan the tax foundation is estimated over ten years ... the revenue
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
6.5s
reduction would amount to about six trillion and Ramesh Ponnuru in the National Review put it this way has an article and
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
7.8s
the headline is Marco Rubio six trillion dollar problem here's what he writes he says the revenue loss Rubio is proposing is huge it
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
6.4s
would be irresponsible given are looming debt problems to cut taxes by that much and hope that spending cuts and
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
7.7s
economic growth would save the day how are you gonna pay for that well first of all the the argument about the debt which is the question he's raising you
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
8.4s
cannot simply solve that through through ... espa tax plan alone has to be a combination of things you have to have the spending discipline on the mandatory spending programs and
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
6.2s
you need to stay significant economic growth the tax plan is part of the economic growth part of that equation we
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
5.7s
still must deal in conjunction with that we must deal with a mandatory spending programs Medicare and social security must
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
10.2s
be reformed for future beneficiaries people like me or twenty five years away from the time our system is going to have to look different than they do for current beneficiaries are people that are about to retire you
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
11.4s
have to do both and it's that combination a sustained growth and ... and and fiscal discipline that will bring the national debt to a responsible level as a percentage of the overall size of our con ...
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
6.8s
but without the growth you can't get that you can't get there from cuts alone but you need to growth component and that's what the tax plan is designed to do it
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
7.5s
based on the tax foundation's analysis even if you factor in the growth from cutting the taxes it still leaves you about two point four trillion in
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
6.5s
short falls you also want to increase defense spending and you've said you want to protect social security Medicare for current retirees your
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
6.1s
plan would be in the future discretionary that portion of the budget that's left of been kind of squeezed a lot right so
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
8.8s
where's the money and what you're you're never going to get it from the discussion has like thirty percent of our budget defense spending is not the reason for our debt to sequester saving about sixty billion a year but it in
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
6.6s
essence will have to make up for that later so it's really not a true say things again the spending problem and here's the thing to remember the
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
8.1s
debt matters as a percentage of the overall size of our cause if the economy's a pie that that is a slice of it and the problem is the slices gotten as big as the pie we
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
10.1s
need to grow that pie and we need to keep the slice constant and as a result the debt becomes more manageable and that's why the reforms of the mandatory spending programs for future beneficiaries are so critical ...
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
8.9s
because those programs will bankrupt themselves that is where you're going to find the discipline necessary in the long term to bring the dead under to a more spot responsible percentage of
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms
1.4s
the overall size of our economy
titles
Marco Rubio: Economic growth, entitlement cuts must accompany tax reforms