"There may be some way to increase investment without increasing the deficit," he said.
To pay for it all, he simply increased the deficit.
The big tax cuts increased the deficit rather than economic growth.
Over 10 years, each would increase the deficit by more than $200 billion.
Without the cuts, the added benefits will increase the deficit.
But the budget office said that such an extension could increase the deficit by more than $250 billion a year from 2012 to 2015.
Are you going to have to increase the deficit by that much over 10 years?
The Council's alternative cuts, he said, would increase the deficit even further.
The current extension will increase the deficit by $5.8 billion over two years.
It would probably cut needed programs and increase the deficit.