🔰WATCH: Trump Reveals Rare Point Of Agreement With Elizabeth Warren

Elizabeth Warren
3 followers
One big, beautiful bill.
You had indicated this week that there were some things
you didn't like about what had passed in the House.
What changes do you want to see the Senate make?
And you had also indicated
there were things you didn't like about the bill.
What would you be suggesting he push senators
to change in their version?
Well, I'll tell you, I'll go first.
It's an unbelievable bill. It cuts your deficits.
It cuts — you know, it's a huge cutting.
But there's things I'd like to see
maybe cut a little bit more.
I'd like to see a bigger cut in taxes.
It's going to be the largest tax decrease,
or cut, in the history of our country.
I'd like to see it get down to an even lower number.
I was shooting for a slightly lower number.
I would have liked to have done that.
But with all of that being said,
when you look at the tax cut and the fact that —
the original tax cut, which made us so successful —
we had the most successful four years
in the history of our country, the economy.
And this is going to be even better.
And you see that by the reports
that came out just yesterday or tonight.
I guess they were released this morning at 8 o'clock.
You see the kind of numbers where somebody that's a pro
is like, whoa, I haven't seen numbers like this
since I've been doing this.
You know, these are human emotions of professionals
that have never seen numbers like —
and we've just — we've just started.
The bill is a great bill.
It's going to be jiggered around a little bit.
It's going to be negotiated with the Senate, with the House.
But the end result is, it extends the Trump tax cuts.
If it doesn't get approved, you'll have a 68 percent tax
increase. You're going to go up 68 percent.
That's a number that nobody has ever heard of before.
You'll have a massive tax increase.
If it does get approved, you'll have a large tax cut —
the largest we've ever had.
When you add the past tax cuts that we got you —
the Trump tax — they call them the Trump tax cuts.
It's an amazing bill. It does amazing things.
With all of that, it's going to be adjusted a little bit
over the next coming weeks, and I think it's going to be passed.
The Republicans want to pass it.
With all of the great things it does,
including an extension of debt — it's the extension.
We have to extend the debt.
If we don't extend debt, we're in default.
Now, the Democrats might like our country to be in default,
but in 250 years, we've never been in default.
That was handed to them by a very well-meaning man
that gave it to them
because he thought it was the right thing to do.
It could have been their problem before the election,
but this man thought it was the right thing to do,
and he was well-meaning.
I don't hold anything against him for that.
But that was put on our plate
when it should have been on the Democrats' —
September 28th, a famous date.
It should have been taken care of by the Democrats.
But this person, a man of power, gave it to us
so that, in June, that comes due.
Well, we have to take care of that
because if we don't take care of it,
we have a country in default,
and we don't ever want to have a country in default.
You know, I'll tell you, a certain senator,
Elizabeth Warren, said that she would never,
ever allow a default on our debt.
She would never let it happen.
And she would like to get rid of the debt ceiling —
what's called the debt ceiling. I call it the debt extension
because we really need an extension —
that she'd like to see that gotten rid of.
And there are many people that agree.
Many Democrats agree with that.
But we gave that through — and, you know,
I don't want to say an error. He did it well-meaning.
They gave that to us.
It was a Democrat problem just before the election.
Would have had a huge impact on the election.
And to our benefit — we won anyway, but to our benefit.
But felt that, really, for the good of the country,
we should extend that.
But Elizabeth Warren and various other people
would like to see that —
her whole career, she wanted to see it terminated,
gotten rid of, not being voted on every five years or 10 years.
And the reason was because it's so catastrophic
for our country. And I always agreed with her.
That was one thing I agreed with her on.
Now, I haven't spoken to her, but I would say
that if you asked her that question now,
she would say, no, no, it's their problem.
But it's a very unfortunate situation.
It's a very unfair situation.
And she happened to be right on that.
It should be gotten rid of, or it should simply be extended.
But that's one of the things that gets taken care of
in this bill. That automatically gets extended
for a four-year period, and it should be.
But I agree with Elizabeth Warren on that.
I think you should get rid of it. It's too catastrophic.
