We're looking for stuff everyone agrees is a complete waste of time. Many agencies have forgotten how to deregulate. It's been so long since somebody asked them to look backwards.

Thing we're trying to add to this is that lower corporate tax rates as we try and spur the economy. So that's where the Donald Trump attention is. The president's attention is on the middle class, making sure that's simple, fair and better. And then on the corporate tax rate, to try and get folks to invest in America again. His focus has not been on the impact on the top 1 percent.

Growth works. What we're doing in the administration to spur growth in terms of regulatory form work. And what we're working is to make sure that those tax cuts add to that. We do believe that sustained 3 percent economic growth is possible and that that is the way you can balance the budget long-term.

I don't think the criticism is fair. I think the criticism is assuming that Donald Trump giving up on something. He's not. I think if you do end up seeing - if you do end up seeing - some type of agreement regarding DACA and this massive-but-not-wall border security, talking about technology and people, all the things that we need to stop drugs and illegals from coming across the border. If that does become the framework for an agreement that does not mean the president's giving up on his priorities.

Why am I interested in deficits? The only way you balance the budget in this country long-term is through sustained economic growth. And that's what everything we are doing in this administration is aimed at that end goal.

We're looking for stuff everyone agrees is a complete waste of time. Many agencies have forgotten how to deregulate. It's been so long since somebody asked them to look backwards.

You can't look at the tax cut on a family until you realized how - how much better off they're going to be in a growing economy.