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Matt Cartwright: “They closed a lot of tax loopholes to increase revenue…”

Featuring: Matt Cartwright, Democratic | Former U.S. House, Pennsylvania, District 8

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MATT CARTWRIGHT

Published | Video Starts at 11:39

And number two, they did it in a balanced way, Chuck. It's not just about cutting spending. It's also about reasonable, responsible revenue gathering. And so they did it in a balanced approach. They closed a lot of tax loopholes to increase revenue coming in and they brought spending down correspondingly. I think that's the sensible approach. And what you, what you, you know, you mentioned a couple of Republican politicians and all they ever talk about is cutting spending. (11:39–11:49)

CLAIM

Asserts that balancing the budget involved closing tax loopholes and reducing spending.

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