Senator Eric Schmitt

It's to keep all the brackets actually where they're at today, but then it's going to go in and do the no tax, no tips, no tax on manufacturing overtime, and no tax on Social Security. So we have to offset those if we're going to pay down the deficit, actually have the And you just don't have room in there.

It's to keep all the brackets actually where they're at today, but then it's going to go in and do the no tax, no tips, no tax on manufacturing overtime, and no tax on Social Security. So we have to offset those if we're going to pay down the deficit, actually have the And you just don't have room in there.

If you're going to do $1.5 trillion in cut, and by the way, this will be for the physical year of FY26, not like Congress typically does. We're going to have a 10-year spending reduction, and we're never going to get it. This is actually for next year. So if you're going to do that, you've got to offset it someplace. So you start looking at deductions.

If you're going to do $1.5 trillion in cut, and by the way, this will be for the physical year of FY26, not like Congress typically does. We're going to have a 10-year spending reduction, and we're never going to get it. This is actually for next year. So if you're going to do that, you've got to offset it someplace. So you start looking at deductions.

depreciation rates, deferred interest, and you start looking at where you can grab it at. The people that are probably okay with the most, unfortunately, are people that sit in tax brackets. My wife and I have been very blessed in our life. This isn't My livelihood, this is what I get to do. We also hit that top tax bracket too. So adding another 2% to pay for people that are probably struggling.

depreciation rates, deferred interest, and you start looking at where you can grab it at. The people that are probably okay with the most, unfortunately, are people that sit in tax brackets. My wife and I have been very blessed in our life. This isn't My livelihood, this is what I get to do. We also hit that top tax bracket too. So adding another 2% to pay for people that are probably struggling.

If you're dependent on Social Security, that is a big hit to have them pay taxes on that. If you're dependent on the tips, that's a big hit for you. I mean, my wife and I own restaurants. Most of those people were working as hard as they could, and they needed all that tip money they could.

If you're dependent on Social Security, that is a big hit to have them pay taxes on that. If you're dependent on the tips, that's a big hit for you. I mean, my wife and I own restaurants. Most of those people were working as hard as they could, and they needed all that tip money they could.

And the manufacturing, when you start looking at an overtime of manufacturing, we're going to have a lot of catching up to do. And it's going to come through manufacturing. So to be able to do that is I'm okay with it. And then cut deduction at the same time. I'm on the same page with you, Charlie.

And the manufacturing, when you start looking at an overtime of manufacturing, we're going to have a lot of catching up to do. And it's going to come through manufacturing. So to be able to do that is I'm okay with it. And then cut deduction at the same time. I'm on the same page with you, Charlie.

So, first of all, under a trillion dollars sounds ridiculous. We need to balance the budget, but that's accurate. There's a couple of things that we need to be looking at that I would like to see if we're going to raise the taxes on anybody. Say once we get the budget balanced, that we start using tariffs to start paying off the national debt.

So, first of all, under a trillion dollars sounds ridiculous. We need to balance the budget, but that's accurate. There's a couple of things that we need to be looking at that I would like to see if we're going to raise the taxes on anybody. Say once we get the budget balanced, that we start using tariffs to start paying off the national debt.

And then at some point when we get our spending under control, then we're able to go in there and lower the tax brackets for everybody, use the tariffs that are coming in to offset that cost of lost revenue from the taxes. Just my thought. Now, some real cuts we can have. When we start looking at reforms, you have to start looking at the size of government.

And then at some point when we get our spending under control, then we're able to go in there and lower the tax brackets for everybody, use the tariffs that are coming in to offset that cost of lost revenue from the taxes. Just my thought. Now, some real cuts we can have. When we start looking at reforms, you have to start looking at the size of government.

We have been a bloated government for decades, but really since COVID. If you start looking at the numbers, the amount of employees we hired post-COVID, if we can go back to 2019 employment rates, and then you start understanding the amount of technology that we can install to help offset that. I mean, every company in America right now is using technology to cut their payroll to some degree.

We have been a bloated government for decades, but really since COVID. If you start looking at the numbers, the amount of employees we hired post-COVID, if we can go back to 2019 employment rates, and then you start understanding the amount of technology that we can install to help offset that. I mean, every company in America right now is using technology to cut their payroll to some degree.

And then the ones that are there, they're able to raise the money or raise the, not the money, but raise the profitability of the company to be able to reinvest and continue to grow. So if we're going to use that same technology, use it inside the government. So what we're looking at real hard is investing in technology that

And then the ones that are there, they're able to raise the money or raise the, not the money, but raise the profitability of the company to be able to reinvest and continue to grow. So if we're going to use that same technology, use it inside the government. So what we're looking at real hard is investing in technology that

being able to bring down the bloated workforce by 5% to 10%, and then we're able to use technology to go in there and expose the waste and the fraud that's through every one of these agencies. And President Trump is leading this by putting the Doge personnel in place to build an audit These agencies and they're fighting tooth and nail. Why?

being able to bring down the bloated workforce by 5% to 10%, and then we're able to use technology to go in there and expose the waste and the fraud that's through every one of these agencies. And President Trump is leading this by putting the Doge personnel in place to build an audit These agencies and they're fighting tooth and nail. Why?