If we can get to that 3 percent grow, it is $2 trillion to $2.5 trillion worth of more government revenues. It's 12 million additional jobs. And those are 12 million jobs paying into Medicare, 12 million jobs paying into Social Security. Growth really is what's driving all of this and growth is what our focus is, which is why we're willing to accept increased short-term deficits in exchange for that long-term payoff.
Mick MulvaneyYou 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.
Mick MulvaneyIf we had 3 percent growth, which is what we're trying to get to, what we're at, by the way, right now, we're trying to maintain that 3 percent growth. If we had been at 3 percent growth over the last ten years, the budget very nearly would be balanced in 2017. That's how big a difference it makes when you grow the American economy that additional 1 percent over ten years.
Mick MulvaneyWe are trying to get a border wall to protect millions of low income Americans against folks who aren't supposed to be here. So, it's a national security.
Mick MulvaneyThere was very polite, gentlemanly, and - and - and lady-like push-back on issues on both sides. Chuck Schumer continues to push this idea of this $30 billion tunnel under the Hudson River, um, that Donald Trump very politely pushed back on. But I thought it was cordial and productive. The president is not giving up on the wall, and he's certainly not giving up on border security.
Mick MulvaneyWe need to have the growth. If we simply look at this as being deficit-neutral, you're never going to get the type of tax reform and tax reductions that you need to get to sustain 3 percent economic growth. We really do believe that the tax code is what's holding back the American economy.
Mick MulvaneyThe reason we've been growing at 1.8 percent for the last eight, ten years, which is way below the historical average, is in large part because of our tax code. It is important to us to get the biggest, broadest tax reduction, tax cuts, tax reform that we can possibly get because it's the only way we get back to 3 percent growth. That's what's driving all of this, how do you get the American economy back on that historical growth rate of 3 percent and out of these doldrums of 1.8, 1.9 that we had of the previous Barack Obama administration?
Mick Mulvaney