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A leading Republican urges reform for Medicare and Social Security as deficits balloon after the GOP's tax cut
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Candidate
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| Contributor | RP |
| Last Edited | RP Aug 20, 2018 01:26pm |
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| Category | Interview |
| Author | John Harwood |
| News Date | Monday, August 20, 2018 11:00:00 AM UTC0:0 |
| Description | CNBC's John Harwood: You were, during the Obama administration, a big critic of rising levels of national debt. We see the deficit going up to $1 trillion next year, debt levels are rising. About the tax cut: Did you guys go about it the wrong way?
Rep. Steve Stivers: I don't think we did. I think you'll see the economic growth will actually reduce the deficit a bit from the projected levels. And I think there's still an opportunity to continue that growth.
Harwood: No misgivings about a tax cut that was not paid for, that's allowing debt and deficits to rise like it is now?
Stivers: I do think we need to deal with our some of our spending. We've got to try to figure out how to spend less.
Harwood: Entitlements? Social Security, Medicare? |
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