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Rep. Scott Garrett, (R-N.J.), discusses why he wants to replace Rep. Ryan if he is elected Vice President.
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-- Republican congressman Scott Garrett has expressed interest in Paul -- chairmanship position about House Budget Committee -- congress has gone down is his.
-- witness in New York right now congress welcomed it is always a pleasure being with it -- -- you hats in the ring to take noble Paul -- is -- So it is so we're at at this point we we were run.
Pleasantly surprised very happily surprised when now Paul's name with aired on TV as being the -- nominee picked by -- to be his vice president running mate.
I don't think -- could affect anybody who is better as far as being into the weeds on the issues knowledgeable about this articulate on the issues and that.
I'm -- you've you've got Paul here before he is so great that we I think I think they'll Paul and in a positive sense you know he's area.
Is a policy wonk and these things and that's exactly what the country needs that we -- your policy -- I -- -- law.
I know who you'll -- and you obviously you say that nicely to any type I don't really I say that nicely thank you so.
What policy won't Christmas would you bring to the chairmanship of the House Budget Committee what would you do about the -- -- it's that the -- time actually to be the route -- for whoever's gonna be that position to be the chairman.
As -- put -- the other day is the next chairman assuming that we get Romney in the White House and to take the senate we have the house again.
The next chairman and -- when Paul was there will actually be shooting with bolts if you will be passed in the house has -- -- number of budgets in the past.
Passed the house goes over there.
This time we'll -- our budget will -- we've become the the blueprint for the economy of privilege -- take us over the fiscal place.
Would you well we'll be -- that -- -- would what what would you do about taxes for -- so no that's it.
There was house Ways and Means Committee but you'll -- -- budget and go taxes -- I would abide by the Republican.
Policy and velocity with which is to say that when -- -- recession this is certainly not the time to raise taxes.
Actually I've been in office for a number of years I've never voted for tax increase so we need to do is to set the framework in the Budget Committee the actual implementation is exactly as you said would be -- the some of the more -- details would be over -- weeds in the Ways and Means Committee that would be lowering the lowering the tax rates and making -- -- a spread out okay -- so.
Lower tax rate assert he would balance that's affluent you want to eradicate and all limit some deduction and so and so and wish deductions mortgage interest for example.
I actually they've got so I think it's a half -- -- local taxes yes we'll watch what would you let it I mean these are three key issues author.
Would you limit further up the mortgage interest deductions there would you limit in some -- the deduction for state and local taxes would you limit the deduction for charitable donations.
Assiduously on on the on the very first one which is probably one of them most controversial with -- via mortgage interest deductions there's already a discussion in Washington -- from.
The stakeholders the the interest of parties and outside -- say never ever ever touch -- -- whatsoever.
Even they have begun to say well maybe -- there is some area for room to reform.
Those as far as they work as far as secondary isn't the second I want to mature how you could tell that he's -- -- I think I think that the next congress.
Regardless of who's in the White House.
It's got to look at these issues and everything has to be on the table and you all all all three things I mentioned would be on the table I think to be a bad game I think they would be fair game does that does that mean that they would be eliminated.
And other people's and that but would that mean that they could be made fair simpler more -- More equitable absolutely that if you cut tax rates -- -- gritty got to cut deductions pretty much across the board really serious cuts Jordan a couple of revenue short and and in that area and this is probably one area where the Republicans.
Has really articulated -- message very well for -- years you know that the Democrats have been beating us opposite -- what can do what corporate deductions what do you do with that.
Deduction for corporate jets and what have you and we never really.
Fought back on that although -- activity destiny Democrat what actually is the terms of -- that deduction for corporate jets they have no clue.
But our response should have been.
Look we'll take a look at that deduction as well put it into the mix and maybe they'll be -- adjustments there is an important that we be able to.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- that's -- I have to say I think it's part of the mix and I think you can consider amortization schedules but I don't think you wanna hurt the economy just for the sake of political points now and I'm with -- I'm with I think we're on the same page and I think we are OK good alright yeah hats in the ring to be the chairman of the House Budget Committee -- Paul -- becomes the vice president which -- -- -- everyone's hope.
Thanks for joining us now its the president is --
