Senator Eric Schmitt

um and we we maintain the 17.1 percent uh revenues percent of gdp over 10 years that only gains us a half trillion dollars so we're not making it up okay so there's all kinds of risk i think unfortunately that's probably a rosy scenario and 1.5 trillion spread out over 10 years 150 billion dollars uh add to that you know more than 300 billion dollars of new spending on defense and and border

um and we we maintain the 17.1 percent uh revenues percent of gdp over 10 years that only gains us a half trillion dollars so we're not making it up okay so there's all kinds of risk i think unfortunately that's probably a rosy scenario and 1.5 trillion spread out over 10 years 150 billion dollars uh add to that you know more than 300 billion dollars of new spending on defense and and border

That's not even a 1.3% cut over the 10-year period. It's a rounding error. It's just not meeting the moment. They've done some good work, but it's not serious effort.

That's not even a 1.3% cut over the 10-year period. It's a rounding error. It's just not meeting the moment. They've done some good work, but it's not serious effort.

Well, first of all, I know we're not going to meet the moment with one bill. We won't. The House didn't do it. We won't if we quick rush this thing through. So we've got to split this up, focus on the areas of agreement, border defense, take the spending reductions the House has given us that they've agreed to, extend current tax law, take the automatic tax increase off the table.

Well, first of all, I know we're not going to meet the moment with one bill. We won't. The House didn't do it. We won't if we quick rush this thing through. So we've got to split this up, focus on the areas of agreement, border defense, take the spending reductions the House has given us that they've agreed to, extend current tax law, take the automatic tax increase off the table.

That was a blunder in the Tax Cut and Jobs Act. We should have scored that in current policy. We weren't smart enough to do that. Increase the debt ceiling for about a year. Keep the pressure on. I've got to convince President Trump that is to his advantage. He wants to balance the budget. That's what he said. Well, we're not even coming close to putting ourselves on a path to balance the budget.

That was a blunder in the Tax Cut and Jobs Act. We should have scored that in current policy. We weren't smart enough to do that. Increase the debt ceiling for about a year. Keep the pressure on. I've got to convince President Trump that is to his advantage. He wants to balance the budget. That's what he said. Well, we're not even coming close to putting ourselves on a path to balance the budget.

He needs that leverage as well. We'll never default on the debt, ever. We've got more than enough revenue to service our debt. We will increase the debt ceiling, but we ought to do it in increments to keep the pressure on. So this has got to be at least a two-part process. fiscal year 2025 reconciliation process, do that now.

He needs that leverage as well. We'll never default on the debt, ever. We've got more than enough revenue to service our debt. We will increase the debt ceiling, but we ought to do it in increments to keep the pressure on. So this has got to be at least a two-part process. fiscal year 2025 reconciliation process, do that now.

Again, we skinny this thing down, focus on the areas of agreement that we can do by July 4th, then start doing the work. And Charlie, the problem we're having is the same old way. Give me three things that'll solve the problem. Three things won't.

Again, we skinny this thing down, focus on the areas of agreement that we can do by July 4th, then start doing the work. And Charlie, the problem we're having is the same old way. Give me three things that'll solve the problem. Three things won't.

three you've got to literally go through thousands of lines of budgets you got to go through thousands of of programs do the forensic audit like doge did and expose it get the american people on your side take the time to do the work but also to win public support for what you're doing rather than jam something through not have a good response when the democrats falsely attack it again we're just we're blowing this we're blowing it we didn't take the time we're not making the arguments it's it's i'm sorry it's a slogan

three you've got to literally go through thousands of lines of budgets you got to go through thousands of of programs do the forensic audit like doge did and expose it get the american people on your side take the time to do the work but also to win public support for what you're doing rather than jam something through not have a good response when the democrats falsely attack it again we're just we're blowing this we're blowing it we didn't take the time we're not making the arguments it's it's i'm sorry it's a slogan

It's a slogan. We need substance. We're only going to solve this with substance, with facts and with figures. And so far, the discussion has been largely void of facts and figures. I'm forcing facts and figures to the forefront here.

It's a slogan. We need substance. We're only going to solve this with substance, with facts and with figures. And so far, the discussion has been largely void of facts and figures. I'm forcing facts and figures to the forefront here.

No, we've got budget reconciliation for fiscal year 2026. We should already have a fiscal 2026 budget on the table. We could already be in that reconciliation process. We're still working off of fiscal year 2025. So, no, each budget reconciliation can literally have three bills, one for spending, one for revenue, one for the debt ceiling.

No, we've got budget reconciliation for fiscal year 2026. We should already have a fiscal 2026 budget on the table. We could already be in that reconciliation process. We're still working off of fiscal year 2025. So, no, each budget reconciliation can literally have three bills, one for spending, one for revenue, one for the debt ceiling.

You're saying not in this land of, I love Steven Miller. He's simply wrong on this one. He's simply wrong. Yeah. I don't know nearly enough. No.

You're saying not in this land of, I love Steven Miller. He's simply wrong on this one. He's simply wrong. Yeah. I don't know nearly enough. No.