04.27.17

Senator David Perdue Discusses President Trump’s First 100 Days On CNBC

“We have to fix this budget process so we don't face this every year.”

WASHINGTON, D.C. – U.S. Senator David Perdue (R-GA) spoke with Becky Quick, Joe Kernen, and Andrew Sorkin on CNBC’s Squawk Box about the First 100 Days of the Trump Administration and President Trump’s tax priorities.

Click here to view the video or on the image below. 

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Encouraging Growth: “President Trump said job one would be get the economy going and he is trying to move in that direction. The regulatory work that has been done so far is encouraging. I like this tax conversation and I give Paul Ryan and Kevin Brady a lot of credit for starting this dialogue this year. I am hopeful that we will get there, but I am encouraged by the White House tax plan that came out yesterday… I am excited we are talking about things that are pro-growth.”

Leveling the Playing Field: “Isn’t it refreshing we are having this [tax reform] conversation? What President Trump is trying to do is create a level playing field. I think he is going to get great receptivity in the Senate on that. We’ve got some tough things to get through. The revenue neutral issue is a Washington issue.”

Fixing the Budget Process: “We’re actually going through a funding conversation this week that I find absolutely ridiculous. We're seven months into this fiscal year and here we are still arguing about how to fund—not 2018—but 2017…We have to fix this budget process so we don't face this every year.”

Improving Consumer Confidence: “Consumer confidence, and I’ve watched this all my life, is actually up. It’s the highest it has been in 20 years. CEO confidence is up. Why is that? They are hopeful that we are actually going to break through on regulation, which they see happening right now, that we will end up with a relatively good tax package that will create a level playing field with the rest of the world, and we will solve this health care disaster that we are sitting here with and move forward.”  

Debating Tax Options: “I’ve lived through this…Why would you want to put a consumer tax on top of an income tax? That’s what Europe did and we saw the European central governments grow two-thirds in the next decade. Our government has already grown two-thirds."

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Senator Perdue is the only Fortune 500 CEO in Congress and is serving his first term in the United States Senate, where he represents Georgia on the Armed Services, Banking, Budget, and Agriculture Committees.