You're watching...
Sen. John Barrasso, (R-Wyo.), on efforts to reach an agreement on a debt plan.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
Joining me now for more on these debt negotiations is senator John Barrasso.
Republican from Wyoming is one of the co sponsors of the Senate's -- cap.
And balance act good to see you tonight senator and what -- strategy to -- to what Peter Barnes and just sent.
The president is talking about now.
After apparently telling his on delegation that is the Democrats.
Reid and and Durban that there'd be no short term deal.
He's now sent word through his spokesman that He would -- be operates short term deal.
So long as it had long term implications -- agreement around it.
Can you make sense about.
Well -- -- says one thing one day in a separate thing in the next day we do now have a bill though that passed the House of Representatives that actually.
Gives the president what He wanted which was increasing the debt ceiling.
The bill passed last night overwhelmingly.
That cut spending bill cut and then cap the amount of spending and then balance the budget.
Which is what we need to do the American people know that the IR Rossiter that -- is a spending sure absolutely.
I just want to be very clear about this because I don't think that the media accounts have been as direct on this perhaps as they should've been.
This is the only legislation that has been passed that would raise the national debt ceiling.
This is an issue I mean should the senate.
Approve it and and the and the president and sign it.
The issue of the debt ceiling is resolved -- it not.
Absolutely and that's why I talked about it today on the senate floor I am a cosponsor of cut and cap and balance will be on the senate floor.
Again today tomorrow.
This may be voted on.
Saturday.
If this passes the senate and the president signs it.
Then the president has what He wants which is raising the the debt ceiling and I think the American people have what they.
Really need which is that the balancing the budget -- cutting this spending in the -- of how much we do spend Lou.
Not there is -- there's -- there aside from the startling contrast -- the and the White House positions here.
There is this affection for the gang of six proposal.
-- on the parts of many folks.
And it's as if the White House has been promoting the gang of six which is really.
Coming out of nowhere.
When you've got a gain of 234.
In the House of Representatives.
Who voted the will of the people I mean what's going.
Well on the will of the people in the house -- is the only thing that is actually passed the house you know people said -- they'll never be able to raise the debt ceiling in the house well.
Like you said it hasn't been reported fully but the House of Representatives yesterday.
Did pass a bill that will raise the debt ceiling which is what the president.
Has passed and now it's time to get that through the senate accepted adopted and signed into law by the president.
With great force so the senate majority leader has also a dog in this hunt senator as you well know.
And that is McConnell Reid.
What are what are the Republicans calling -- that.
Dark hide Enron or something like that that proposal but which is a short term proposal.
-- to get everybody out of this impasse on the that's doing your thoughts.
Well what we really need to do is is pass the bill that's going to be on the senate floor in the next couple of days that.
The cut and the cap and the balance.
The other plan that you just mentioned really is kind of a plan Z not even B or C or.
And what we really need to do is focus on what's on the senate floor have your viewers call in -- they are senators.
Pass this it gives the president what He wants in terms of raising the debt ceiling but it does what the American people need to and are asking for is cut the spending.
Limit the spending and balance our budget.
Senator -- over time quickly can you tell us -- yours you're richer sense of the senate is right now.
Toward passage and -- it's moving or not moving.
Well I know that we are gonna have overwhelming Republican support we need the Democrats to get on board to be it does give the president what He wants it will be having a vote likely this Saturday.
Senator John -- good to have you whether -- that.
