John Hoeven: “By cutting taxes and regulation, we'll get more revenue.”

“But the point is, yes, we do need to do a lot more on debt and deficit and that's a function both of finding savings as well as growing the economy and getting more revenue from growth, not higher taxes. By cutting taxes and regulation, we'll get more revenue. At the same time though, we've got to find ways to make government more efficient, effective and find savings. Obviously we do have to do more work on the debt and deficit, no question about it.” (06:41–06:45)

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