On Tuesday’s broadcast of CNBC’s “Squawk Box,” Rep. Frank Pallone (D-NJ) said that he doesn’t believe spending cuts are necessarily needed and “we’d be better off” if the current tax cuts expired, but he wants to see tax cuts for the middle class. Co-host Becky Quick asked, “How would you go about cutting spending?” Pallone answered, “Well, first of all, this is all being done, these Medicaid cuts are being proposed in order to pay for the Republican tax plan, which, basically, just helps the very wealthy and large corporate interests.”