tv U.S. Senate CSPAN September 7, 2015 6:09pm-6:16pm EDT
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the book he concurred in an immigration opinion for the sole purpose of adding eight -- the said congress would you end this anchor baby policy? it's not the law and it has not only got to be handed but i want to retroactive. [applause] what if we had a mentally delusional supreme court justice , not that hard to imagine who says you know all of america or all of the world is a citizen of america or are we all going to honor that? because that is what has happened with the anchor baby policy. see me. >> make sure -- takes his drugs this morning.
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>> anchor baby policy the wall, and a moratorium. we need a complete immigration moratorium so this isn't just about -- [applause] this isn't just about latin america. i don't want european immigrants coming. no marriage, no refugees just shut it down for 10 years and you will see i explain in the end of my book. my original idea was let's go back to pre-1970 were a then tried again. but that won't work because we have all these non-profits. we have hundreds of the aclu migrant rights groups and george soros open society institute and la raza bounded by the ford foundation. we have hundreds. i do a paragraph that goes on for full-page of some of them and those are all the ones who
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become immigration judges. those are the ones who work at the imf. until they are all at business and vacationing in cuba and fighting with the amir roux in peru, until they are gone america can't be saved so we need to shut down immigration dust off the books assimilate the ones already here and then we can start it up again totally cheap. i could do it all before breakfast. just send me the photos. i would be better than what we are getting now, 100% of the time. >> ann coulter 11 time new york times winner, thank you so much. [applause] >> thank you.
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>> one of the things that has frustrated me lately is the fact that people stop paying attention to the deficit and the debt crisis. the deficit is down, down a lot in the last couple of years and people think that is solve a problem the reality is we are in a temporary lull and within a year or so we are going to see the debt go back up. we are adding to the debt every year. we haven't even begun to take the problem kicking in with entitlements medicare medicaid social security began to start adding up and if we don't start acting now while the sun is shining we are going to be in real trouble once the rain starts. >> walkers do the numbers. you say that deficit is down and the debt we are adding to it every year. a lot of people probably don't understand the difference. start there and walkers to the
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numbers on how weird doing the metrics. >> the deficit is this year's shortfall, just more we spend them than we take in revenue and that will be in the to 2 billion-dollar which sounds like a lot of money but considering three or four years ago we were up in the $1.4 trillion range so we are doing a lot better than we were then needless to say that's a temporary thing and we will see that began to go back up. if you add up each years the historic fall each year than we get the debt. think of it as your household budget that if you run short this week that's her deficit but if you are running short every week and you take more out of take more avenue credit card this weekend next weekend the week after that -- and so when we talk about the national debt that's what we talk about solving the deficit. and the national debt consists
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of the debt held by the public which is the debt that's in your portfolio. if you have a government bond in a treasury bond you have debt held by the public. that's one type of debt and the debt the economist talk about a lot. also includes what's called intergovernmental debt which is debt that one part of the government owes another social security medicare or the highway trust fund where the government essentially gives these programs a certain amount of money and that adds up to $18 trillion. that national debt makes the headlines that everyone talks about but there's also a third kind of debt which is the intergenerational debt or the unfunded liabilities of these
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programs like social security and medicare where we know how much we owe under current law to pay these benefits under these programs. we also know pretty well what we are going to be taking in and tax revenue and there's a gap between the two. while that's not a salad -- solidus government treasury bonds we know now it's still money they promised to pay and we don't have the revenue to pay it and that's the debt too. throw all that in and we are talking about a real debt that's anywhere from 70 to $120 trillion depending on how you want to measure it. >> guy lawson tells the story of two of his friends wanted 300 million-dollar contract to supply ammunition to the u.s. military when they were in their early 20s. in an effort to maximize his profit diveroli use chinese
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