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The -- of making the federal debt a major issue at the convention this week it's expected across the sixteen trillion mark a very soon.
And VP nominee Paul Ryan is not backing down from president Obama's record listen to this from last night.
Back in 2008.
Candidate Obama called.
Serious talk from what looks like a serious reformer.
Yet by his own decisions.
President Obama has added more debt than any other president before him and more than all the troubled governments of Europe combines.
Not what you -- -- loud and clear Grover Norquist did he's our guest this morning he's with Americans for Tax Reform he joins us from Tampa -- always good to see -- welcome back.
Glad to be here do you think that the RNC is going your way you -- -- point man for no tax increases and get back.
Debt under control -- you hearing what you want to hear.
Yes both in the platform and in the speeches from all of that.
-- vice presidential candidate.
Are really making the point that we need -- reduce government spending.
Not raise taxes in fact Ryan laid out the game plan tax reform to get more economic growth.
And entitlement reform to bring spending down to reasonable levels to 20% of GDP.
To start with I have to ask you this I ask you this every time on the show because -- really wanted to.
Clear -- -- with everybody in our audience you don't want any increases in tax rates.
You want tax reform which is costing tax rates which would eventually.
Bring in more money to the treasury is that your position.
Correct what we're looking for something that looks like Ronald Reagan's 1986.
Tax reform dramatic reductions in marginal tax rates on individuals and this time on businesses corporations.
Revenue neutral not a Trojan horse for tax increases no net tax increase.
But if you take that top rate to 25 corporate and individual you will have 34% growth in years.
I'm looking forward make a political judgment is that -- point.
Resonating in America today.
It is to that point to the extent that it's getting heard.
This convention allows both Romney and Ryan to make the case we want to reform entitlements.
Everybody over 55.
Nothing changes we're gonna reform them so that they cost less in the future -- the cost curve of government down.
And we're gonna dramatically reduce the drag on the economy of high marginal tax rates to get serious growth.
-- we're competing with Canada lessons 17% corporate income tax rate how you do that.
Can you be the demagoguery.
Could you can see coming right -- you can see coming at you from about a mile away.
Giving tax cuts for the rich so you can throw granny off a cliff -- -- here it comes can you survive that.
Yes and for two reasons one that's always with the Democrat side.
The Democrats always say Republicans wanna cut taxes on the -- and they always say they're gonna close down Medicare and Social Security.
They -- but.
Four years ago they had 300 million dollars more than the Republican candidate can make that case.
They share the Republicans have enough money to match the Democrats dollar for dollar even with a hidden union money and second the Republicans have a written down plant.
There's a limit to how much you can lie about a plan that's actually written down.
Nobody over 55 is affected by the Medicare report reforms and yet the Democrats will try and tell that -- Tougher to do in the Republicans have a reform plan written down and the Democrats are still running on hope and change nothing written down except.
More debt you know you're not wildly popular and all Republicans uncles to get a dusty books as you walk around Tampa to.
Not here -- here we are talking about the leaders were moving forward.
On reducing taxes never raising tax incomes that couple guys -- haven't gotten the memo and I think that tax increases might work.
We refer to them to the failures of 82.
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