Can you get 1% of GDP? One and a half, yeah, you could cut all sorts of programs. Remember the Bloomberg economists a year ago put out a report saying if you took $100 billion out of non-defense discretionary, you actually lower GDP about a half a percent. So everyone who says we're going to cut and we're going to pretend the economy is going to grow at this rate, that's not how the math works. (13:24–13:39)
CLAIM
Asserts that cutting $100 billion from non-defense discretionary spending would lower GDP by 0.5%.
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