host: here is pat in keyport, new jersey, republican. caller: can you please clarify what you mean when you talk about one point $5 trillion over 10 years. it comes out to maybe a hundred 50 billion a year, which is minimal and when you are running multi trillion dollar deficits, where is that going to go but up? guest: great point, pat. when you look at it year-over-year, it is not as tragic as some people think. $1.5 trillion, that is over 10 years and so, but they are substantial cuts because the projection on the national debt is well above that and it is also why i think that it is not enough that we try to cut our way out of this. we also have to grow, and the growth we saw, this was an interesting number when president trump and his first term, one percentage point of gdp growth, the congressional budget office scored that tax cut jobs act bill with a one point 9% gdp growth over the next 10 years. and i am no economist, but i know if you allow people to keep $4.5 trillion more of their money, you allow businesses to keep more of

host: here is pat in keyport, new jersey, republican. can you please clarify what you mean when you talk about one point $5 trillion over 10 years. it comes out to maybe a hundred 50 billion a year, which is minimal and when you are running multi trillion dollar deficits, where is that going to go but up? guest: great point, pat. when you look at it year-over-year, it is not as tragic as some people think. $1.5 trillion, that is over 10 years and so, but they are substantial cuts because the projection on the national debt is well above that and it is also why i think that it is not enough that we try to cut our way out of this. we also have to grow, and the growth we saw, this was an interesting number when president trump and his first term, one percentage point of gdp growth, the congressional budget office scored that tax cut jobs act bill with a one point 9% gdp growth over the next 10 years. and i am no economist, but i know if you allow people to keep $4.5 trillion more of their money, you allow businesses to keep more of their mo