Scott
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Podcast Appearances
All of us that I know of want to make sure we extend the Trump tax cuts. What we're arguing about is, are we going to get our fiscal house in order? We're anticipating spending like $85 billion. The $1.5 billion that the House is struggling to come up with is less than 2% increase in our saving money when we've had a 53% increase in spending in the last five years.
We have got to figure out how to get our fiscal house in order or interest rates are not going to come down. Inflation is not going to go away. We're not going to start paying down this debt. So there's a lot of us in the Senate that are working really hard with this. I'm optimistic, but we're not there yet.
We have got to figure out how to get our fiscal house in order or interest rates are not going to come down. Inflation is not going to go away. We're not going to start paying down this debt. So there's a lot of us in the Senate that are working really hard with this. I'm optimistic, but we're not there yet.
This is going to take a few more weeks to come to a good conclusion, but I'm very optimistic we can get there.
This is going to take a few more weeks to come to a good conclusion, but I'm very optimistic we can get there.
No. First off, I've never, ever voted for a tax increase. I cut taxes 100 times while I was governor. We need lower taxes and we'll get more revenues. Now, here's we don't have a tax. We don't have a revenue problem. We have record revenues. Revenues are up. We have a spending problem. Fifty three percent increase in spending in five years when the population is up two percent.
No. First off, I've never, ever voted for a tax increase. I cut taxes 100 times while I was governor. We need lower taxes and we'll get more revenues. Now, here's we don't have a tax. We don't have a revenue problem. We have record revenues. Revenues are up. We have a spending problem. Fifty three percent increase in spending in five years when the population is up two percent.
So we don't need we don't need new taxes. We need to figure out how do we balance the budget. Now, I think maybe some people like somebody texted me this morning. They said, you know, I would be OK if you raise my taxes, if you balance a budget. Okay, well, they're not even talking about balance of budget. They're talking about reducing spending. We need to balance the budget, all right?
So we don't need we don't need new taxes. We need to figure out how do we balance the budget. Now, I think maybe some people like somebody texted me this morning. They said, you know, I would be OK if you raise my taxes, if you balance a budget. Okay, well, they're not even talking about balance of budget. They're talking about reducing spending. We need to balance the budget, all right?
and start paying down debt. That's what I did as governor. I paid off a third of the state debt when I was governor. And guess what? Interest rates kept coming down. Inflation, we didn't have issues with inflation. That's what we've got to do. So no new tax increases, none. Reduce spending. That's what we have to do.
and start paying down debt. That's what I did as governor. I paid off a third of the state debt when I was governor. And guess what? Interest rates kept coming down. Inflation, we didn't have issues with inflation. That's what we've got to do. So no new tax increases, none. Reduce spending. That's what we have to do.
Absolutely. There's a lot of conversation about how do we make sure the federal programs will work. Take Medicaid. Medicaid should be a program for the poor and the chronically ill. That's what it should be. Not to have people sit on their butt at home. They don't want to work. So we have to go through. We have to do what I did as governor.
Absolutely. There's a lot of conversation about how do we make sure the federal programs will work. Take Medicaid. Medicaid should be a program for the poor and the chronically ill. That's what it should be. Not to have people sit on their butt at home. They don't want to work. So we have to go through. We have to do what I did as governor.
I went through every line of the budget, 4,000 lines of budget, and say, that might be nice to have, but that's somebody's money. I've got to tax somebody to do that. I'm not going to do that. That's what we've got to do with the federal budget. We've got to go through every line and have a written purpose for every line. Look at what Elon Musk has found. Just massive waste, massive waste.
I went through every line of the budget, 4,000 lines of budget, and say, that might be nice to have, but that's somebody's money. I've got to tax somebody to do that. I'm not going to do that. That's what we've got to do with the federal budget. We've got to go through every line and have a written purpose for every line. Look at what Elon Musk has found. Just massive waste, massive waste.
You can say some of it's fraud, but for sure, massive waste of money that you would never spend your money on.
You can say some of it's fraud, but for sure, massive waste of money that you would never spend your money on.
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Support for the show comes from Mercury, the FinTech that more than 200,000 entrepreneurs use to simplify their finances. When banking can do more, your business can do more. With Mercury, you can watch your revenue climb with every invoice you send. You can stay current with contractors with built-in bill pay. You can unlock the credit you need to scale faster.
Support for the show comes from Mercury, the FinTech that more than 200,000 entrepreneurs use to simplify their finances. When banking can do more, your business can do more. With Mercury, you can watch your revenue climb with every invoice you send. You can stay current with contractors with built-in bill pay. You can unlock the credit you need to scale faster.