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Former House Speaker Newt Gingrich (R-Ga.) laughed when Martha MacCallum told him that Senate Minority Leader Charles Schumer (D-N.Y.) is concerned that the GOP tax bill will drive up the national debt.

MacCallum said Schumer is upset that the Republican plan will not hit its "growth target" of 3 percent, thereby incurring further debt.

Gingrich smiled and chuckled, saying that "Chuck Schumer trying to worry about the debt is like your favorite alcoholic explaining that the next beer could be a problem."

"Schumer stood his entire career for big government, more spending and higher debt," Gingrich said.

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