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Economic Growth the Key to Reducing the Deficit?

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    Americans for Tax Reform President Grover Norquist on efforts to reduce the government’s debt.

  • Duration 3:46
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Budget Committee shows that per person US debt is now 35% high and a -- in Greece.

America's debt every man woman and child in America 53400.

Dollars -- the -- about to Greece less than 40000 dollars -- us.

Yes in Greece.

Where they are -- -- second day of a three day strike against austerity measures.

Here is grove and all -- -- is now from Americans for Tax Reform Grover I look at -- debt and -- say catastrophe.

And if we don't get more 0506%.

Growth down the road and control spending we go over a cliff what -- Absolutely that's exactly what we need to do on a number to remember is if we grow at 4% a year which is what we should be growing at at least.

Instead of the 2% a year that Obama.

Has brought us to and that France's lived with for years.

The difference between 4% 2% growth.

These two and a half trillion dollars in higher revenue over a decade so if you want to reduce the debt by five trillion dollars.

For ten years grow at.

4%.

Not 2% -- -- people who wanna raise taxes to bring down the debt.

That will slow growth and make things work I agree -- -- -- that growth up they gonna come right back to incite this is a catastrophe in the making.

We must have a compromise between spending cuts and tax increases.

And -- -- the would compromise.

Is gonna -- very very attractive as we roll around in January.

And I suspect.

The politicians no matter who they saw will not be strong enough to resist.

Well here's the goodness.

Boehner who's the leader of that the House of Representatives speaker of the house is going to be reelected as speaker that's the one thing that we know going into this election.

And he announced that the Republicans are not raising taxes that is not happening and it's very important we define the problem correctly.

The problem is the federal government is spending too much.

Not that the peasants are under taxed so as long as you understand that the problem is spending too much we can compromise.

I think the Ryan plan reduces spending by six trillion dollars over a decade.

Maybe you have to compromise -- -- reduce spending by four or five not six.

Compromising.

In the direction of liberty is okay and moving less rapidly to less spending.

Is might be necessary but raising taxes is what politicians do.

In -- of reducing -- I agree -- -- a problem on them.

You may have had to see this struggle but on the other side of the -- from -- -- view is that Saint Paul Ryan voting in Janesville Wisconsin with his children.

He's casting his vote as of right now that we'll be Janesville Wisconsin.

Back -- grove a very fast very fast via.

Who do you expect to win not who do you want to win -- call -- how you see it happening today.

Well I think Romney will win the presidency because.

They're looking -- a number the key states and even states like Minnesota and Pennsylvania are now in play.

That's the presidency.

Watch the House of Representatives very important.

Whoever wins the house this election cycle will hold it for a decade because these -- the new districts.

That will be there for ten years.

The Republicans up 29 governorships they're gonna add 123 or four.

Watch the state legislatures Arkansas.

A Democrat.

-- in both houses of the legislature since the civil war is going to go Republican both houses -- up we always appreciate you being with us thanks again on -- special Election Day thank you Grover -- good to be with him.