4.6 • 2.7K Ratings
🗓️ 19 July 2024
⏱️ 10 minutes
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0:00.0 | Oh, he's cute. Mr. I can never sleep when I'm traveling. He's hugging his pillow like a sloth on a branch. |
0:10.0 | He couldn't sleep before. Now listen to him. Sounds like an elephant with a chest infection. |
0:15.0 | Well, they call him a dreamer. And now they're right. |
0:19.0 | All aboard, Mr. I can never sleep when I'm traveling. |
0:23.0 | Find all the comfort you need in the quiet lounge. |
0:26.0 | Piando Ferries, there is another way. This is a CBSI in the world. I'm John Bachelor. Looking forward to the |
0:39.8 | expiration of the Trump tax breaks of 2017. |
0:46.4 | These taxes have done a deal to generate |
0:50.3 | prosperity in America, but they're going away unless I welcome Verenique to Regi of the Mercatus Center at George Mason University, |
0:59.0 | writing most recently a Creators Index about those tax breaks and their departure unless they can be paid for |
1:07.7 | somehow. |
1:08.7 | Verenique, a very good evening to you. First the reason to have to pay for them is that the clock is winding down to the end of the |
1:16.8 | Republic is that correct at there will be a certain date in which we can no longer |
1:21.6 | pay our bills. |
1:23.0 | Yeah, the reason, good evening, the reason to pay for them is because first it's the right thing to do, |
1:31.0 | but also it's particularly the right thing to do when we have 35 trillion dollars in |
1:36.4 | debt and in the next 30 years we're going to have to borrow another 115 trillion dollars from whom another $15 trillion. |
1:45.0 | I don't know. |
1:46.0 | And so since the expiration of the Trump tax cuts |
1:50.0 | would add another $4 to $ trillion dollars to this if we just extended them without |
1:58.8 | offsets, right? I think it's really important we should we should pay for them. Now, I mean, it's |
2:06.6 | worth reminding people that I'm sure your listeners know that the Trump tax cuts, though they were not fiscally disciplined and they didn't pay for most of them, |
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