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tv   White House Budget Director Mick Mulvaney at Conservative Political Action...  CSPAN  February 26, 2018 11:46am-12:00pm EST

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has immigration. the fact that schumer and trump are finger-pointing is just another indication of what a deal is not going to have anytime soon. sack,b queue sack -- cu thanks for the update. cusack: thanks. >> you can see the house in about 20 minutes. then rod rosenstein. on c-span2, the senate will gavel in at 3:00, and on c-span three, a look at the federal budget process with members of the house and senate committees, at 12:35. >> c-span, where history unfolds daily. in 1979, c-span was created as a public service by america's cable television companies, and today we continue to bring you unfiltered coverage of congress, the white house, the supreme
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court, and public policy events in washington, d.c., and around the country. c-span is brought to you by your cable or satellite provider. >> the conservative political action conference met over the past several days outside of washington. mick mulvaney spoke to the group on saturday for about 15 minutes. [captions copyright national cable satellite corp. 2018] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit] >> i love that song. welcome to the jungle. good afternoon. all right. so full disclosure -- someone told me backstage about a
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certain pair of socks disturbed mulvaney is wearing. captain america. mulvaney: here you go, caroline. >> thank you for coming out today. arediscussion today, we going to focus on three areas, and that would be regulation, the budget come and tax cuts. mulvaney: in 15 minutes. >> we are to start with regulations. regulationseducing is one of the president's top priorities for his administration. it is one of the things we do not hear enough about. we have heard a lot about the tax cuts we will get into in a moment, but regulations, they work hand in hand with the roll back in taxes and regulation. and you give us a progress report on what has been done question mark mr. mold any:
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sure, and the reason you have not heard about is it is going well and oppressed is not to like to cover what is going well for the administration. we tried to talk about it every chance we get. the last chance we tallied it up, about 1500 obama-era regulations either delayed or stalled or killed. we will do more in the next year. -- if ita long time was quick to put in a regulation, it is quick to get rid of it, and that is why you saw a flurry of activity across the agencies this year because the obama administration had done a bunch of things on the way out the door that was easy to undo. but the big stuff, the stuff they worked hard on, like the waters of that u.s., the clean power plants, the stuff they took years to try to get into place will take us as long to get out, but we are already started and now, and so i do not think you will see as much deregulation in the second year,
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but you will see the big pieces of the puzzle come together, and impact has been to mend us. i just flew in from the administration -- the middle east, and people there said the optimism amongst american business has never ever been higher, and they think it has as much to do with the regulations as taxes. >> that his huge. so what role has the omb played in reducing the regulations question mark -- regulations? mr. mulvaney: no one outside the beltway has ever heard of us and nobody inside knows what we do, and we like it like that. we do a little bit of everything. because of the budgets, they call me the budget director, and deals fine, but the m with management. we work with every single cabinet agency on every one of their regulations.
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so the department of congress -- commerce if they want to put out a new regulation, they have to work with us. we're involved with every single piece of regulation, and as a result, the regulation. aboutrdest part deregulating was that the government had forgotten how to do it. it had been such a long time since the government had done it that there were no forms. people who were working at these agencies were not born that the last time there was a major deregulation effort. with everyas worked one of the cabinet agencies, and it has been the president. there were four meetings in a row where the topic was how are you doing on that the regulations, it is a priority, it is done, and we have to be able to help him do that. idea of a give us an
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few or maybe one of the most costly regulations that you have come across, anything like off the chart? waters of the u.s.. this is one that says that a roadside ditches a navigable stream, and the one the president talks about which is on clean power plants, which was an obama way to bankrupt the coal industry and work in that industry. those are the two big things. the stuff we did last year does not get the same amount of attention because it was smaller stuff. the president gave us a goal to getting rid of -- for every new regulation he wanted to get rid of old ones. at the end of the year, the total was 22 to 1, 22 gone for a new one in. >> great. i wanted to ask you about that. it has been the media, there has been some discrepancy is it really 22, is that --
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but thank you for clarifying. mr. mulvaney: they hate it because it is working. we saw the impact of deregulation before we saw the economic impact of taxes. what the media really hates, all this talk about the regulations, they told everyone if the president was elected, the air would be dirty, the water would be dirty, you could not go outside. and it wouldn't work. the exact opposite has been true. it is working and the media does not deal with that well. >> what is the impact and reduction in regulations having on our economy? mr. mulvaney: i can quantify it for you, but i will give you more anecdotal stuff. the president went to south texas after the hurricanes and was meeting with folks whose businesses and homes have been destroyed. he came back and told a story about a couple he'd met that who had lost their home, car, and
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small business. he was expecting them to be completely distraught, and they were very optimistic. they were cheerful because they said, mr. president, we know the work you are doing to get business -- to get government off our backs will allow us to get our business back online and we will be successful again. it is that optimism and attitude the government is not there to stick on the necks of the people we regulate anymore, we are there to help them succeed, not prevent them from doing it. that has been the big impact. >> and will regulations continue to be a priority with this administration? mr. mulvaney: we will do some new regulations. sometimes you have to do a new want to fix an old one. we have done some of that. we will also be continuing the deregulatory agenda the president still asks about. we talk about all the cabinet secretaries about it. it will be a priority. we like it because we can do most of it without congress. yeah. i will be careful about how much
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executive authority you want, but all of the things the obama administration did without congress, we can undo without congress. that means we have a chance to get something done. >> so let's switch gears and talk about the budget. you served on both congress and the executive branch. you have seen both sides of the spectrum. many conservatives were disappointed over the 2019 budget proposal from the president because of the significant increase in spending. one thing that seems to be the case is that democrats and republicans don't have a problem spending money. how do we cut spending? mr. mulvaney: here is a challenge we face. nobody was more disappointed than i was when we offered the budget that we could not figure out how to balance it in 10 years. here are the cards we have been dealt. when we sat with the democrats to talk about the money we needed for national defense, secretary mattis has spent his
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first eight, 10 months trying to figure out how much money we needed to fix the department of defense, not just some of the damage done by the previous administration, but deal with north korea. the number for this year's $700 billion. every time we met with democrats, with nancy pelosi, chuck schumer, they would say we are with you on this one. we want to defend the country as well as you would. the president walks out, and we say this will be easy. i said, this is not going to be easy, they are not telling you the truth. when we sat down to get into negotiation, they say we need $100 for defense, they say that is fine, we will give you that as long as you give us $100 for nondefense spending, stuff that democrats like. that was the negotiation, and that is why we expended so much more money than the president wanted. you saw the tweet saying we did the deal because we have to defend the nation, but the extortion was high,
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almost like $120 billion in nondefense spending over the next two years to get the democrats to vote for the national defense budget. it was frustrating to him. we talked about it a good deal. he was not happy, but he considers his first priority to be to defend the nation. i happen to agree with that. that is how we ended up where we were. what is one way to do better on spending? elect more republicans. did i just say that? trying not to break the law here today. >> or to piggyback on what you just said, do we need a commission, for example, before it comes to a crisis? do we need a commission to pinpoint and highlight the seriousness of the spending we are under in order to get something moving? mr. mulvaney: i have talked to the speaker of the house and president. commissions are great. that is fine. anything that draws attention to
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spending and deficits would be fantastic. the difficulty is you cannot swing a dead cat and not hit a blue-ribbon commission from time to time. they tend not to work. the real question is, it is up to you'all. how do you elect people who actually care about spending? that is both parties. there are republicans who look you in the eye and say i care about a balanced budget and deficit spending, then they do something different. find out who they are, but find republicans who care about fiscal restraints. how will we balance the budget? i don't think we will ever balance the budget by only cutting spending, because i do not think there is the will in congress to do that. we will do it the same way we did in the 1990's. we will grow revenue faster than expense. business people know what i am talking about. your expenses are growing faster
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in revenue, you are in trouble. that is where we have been the last generation. we need to grow revenues faster than expenses. that means fiscal restraint. it does not mean cuts. it could. if we spend $100 last year in washington, $102 next year, we call that a cut. i'm not making that up. if we can control expenses and grow the economy, because when the economy gets bigger, you make more money. and when you make more money, the government makes more money because that is how we get paid. we get paid through taxes. the more money you make, the more money we make. if we can figure out how to make you wealthier, the government will benefit. our revenue will grow and deficit will shrink. that is the formula we are trying to put in place. >> let me ask you about interest rates. interest rates rising. let me ask your thoughts on the federal deficit. mr. mulvaney: every additional 1% interest rate increase -- we


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