CBS "Face the Nation" interviews during 2015: on Budget & Economy


Donald Trump: Keep mortgage interest deduction; knock out carried interest

Q: What tax loopholes would you close?

TRUMP: I'm going to be bringing back jobs from China, from Japan, from India, from Brazil. This is going on at a level that you have never seen before. We now have corporate inversions, where companies are moving out of the United States. And they will be moving out in big numbers if we don't do something quickly. And my plan stops all of that.

Q: So, you want to close the loopholes for tax havens?

TRUMP: And I want to bring back trillions of dollars that is stuck in other countries that we won't let back in because we don't have intelligent people running our country.

Q: What about other loopholes on the personal side? Mortgage interest stays in there? Charitable giving?

TRUMP: That's right. Mortgage interest deduction would stay, absolutely. Carried interest, though, would not stay. One of the ways that the hedge fund guys who make a lot of money pay very little tax, the carried interest deduction. I'm knocking that out.

Source: CBS Face the Nation 2015 interview by Bob Schieffer Nov 8, 2015

Donald Trump: Use increasing debt ceiling as bargaining chip

Q: We're about to have a fight over the government's ability to borrow money, the debt limit. Do you think it's an economic problem if the debt limit is not raised? Will that hurt the economy?

TRUMP: Well, I think what they should do is use the debt limit as a strong negotiating tool to make other changes and to cut costs elsewhere. The Republicans don't know how to negotiate.

Q: But let me ask you about that question of the debt ceiling. Do you think that, if it's breached, that that is an economic problem, leaving aside the question of negotiation?

TRUMP: Well, I don't want to say. And I'll tell you why. We should use it as negotiation. And the problem we have in this country is that we're so predictable.

Source: CBS Face the Nation 2015 interview by Bob Schieffer Oct 25, 2015

Ben Carson: Raise debt ceiling, but ensure you won't have to do it again

Q: Let me ask you a question about the debt limit. It's set to expire on the 5th of November. The government runs out of the ability to borrow. There's been a little confusion about your position on that. What should Congress do about raising the debt limit in early November, when it's set to expire?

CARSON: If I were in charge right now, I would not cause us to default on that. But what I would say is, this is the last time that's happening. And we would tie the raising of that debt limit to some very significant actions, so that we're not here again next year, because, as you know, this is something that happens year after year. We always get right up to the deadline. Now it's do or die, and you're forced to do it. And that's a stupid way to run the government.

Source: CBS Face the Nation 2015 interview by Bob Schieffer Oct 11, 2015

  • The above quotations are from CBS "Face the Nation" interviews during 2015
    (Bob Schieffer interviewing candidates for 2015 and 2016 races).
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  • Click here for more quotes by Rand Paul on Budget & Economy.
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2016 Presidential contenders on Budget & Economy:
  Republicans:
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
Gov.Jim Gilmore(VA)
Sen.Lindsey Graham(SC)
Gov.Mike Huckabee(AR)
Gov.Bobby Jindal(LA)
Gov.John Kasich(OH)
Gov.Sarah Palin(AK)
Gov.George Pataki(NY)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Sen.Marco Rubio(FL)
Sen.Rick Santorum(PA)
Donald Trump(NY)
Gov.Scott Walker(WI)
Democrats:
Gov.Lincoln Chafee(RI)
Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Sen.Elizabeth Warren(MA)
Sen.Jim Webb(VA)

2016 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Roseanne Barr(PF-HI)
Robert Steele(L-NY)
Dr.Jill Stein(G,MA)
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Page last updated: Dec 07, 2018