You're watching...

Baier: Debt Talks Will Go Down to Deadline

Details

  • Description

    FNC’s Bret Baier breaks down whether Speaker Boehner can come up with the votes to pass his bill on the debt ceiling.

  • Duration 6:48
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Making -- -- Washington there's always that one person that you wanna hear from when it comes to all things politics.

And that is Brett Bair.

Of the Fox News Channel -- has to Special Report he's joining us on the -- good top -- good morning.

I don't know how you keep up with at all but -- -- seriously how does house speaker John Boehner come up with the votes canning.

Well He was pretty close we are we're told and we are also told that.

It would just concerned about the -- you know if it was a situation for the speaker that really.

A political past.

-- his speakership.

And they were very close.

But there was concern that there wasn't.

You know what two or three patent -- you lose a couple.

You're right on on the brink you could see -- by the way that they move this vote yesterday passed the close of the market.

Because you know you you have a scenario where potentially.

-- hectic having had.

It turns in the TARP.

2000 Natal over again but.

Yeah I think it would be a tweak they'll probably front -- and stuff they'll have a vote on a balanced budget amendment they'll get a couple of more.

Folks I'd say -- it's interesting that they're you know you -- you're not using campaign money anymore.

You're not using earmarks.

Anymore to as leverage.

And some of that leverage -- gone away to be able to twist arms.

And these Tea Party congressman -- are pretty firm in their belief that they were elected in November 20 and to do what they're doing and they said they're jobless complement sent over cut happen now.

Did the trick now is to convince them that -- job's not done for speaker Boehner.

And they need a chip in the game for the negotiation that goes forward.

But Brent this is actually -- that does -- -- -- the Tea Party really politically play out better for the Democrats who can point clearly at them and say look.

We're trying to get something done -- the one pushing the country on the edge of financial ruin.

Yes short term I think it does it does play with the Democrats and they've done -- a -- -- very effectively.

You know painting them as.

Extremist and standing in the way and on the brink of default.

I think you know the long term the potential is there they've passed this Spain are built for Tea Party conservatives to come out and say -- The only reason that the debt ceiling was tied.

To any reduction in spending any cut it because of and if you want.

More cut smaller governments and more of box because these people don't know what's going -- I mean -- that thinking.

You know how they could turn.

Jujitsu here but you're right that currently it's.

Democrats who -- in the political.

-- Brett what about the senate because it is hard to believe you're starting to hear the talk out of the White House about -- Republicans line to cancel Christmas.

But it is hard to believe that you would pat we would have to revisit this at the end of the year if if the bank plan was eventually what was signed by the president.

Well you know what big and I mean there's there's another.

Another crisis in the making well before that ride on that fiscal -- -- the fiscal year September 30.

Is the end of continuing resolution.

So we're gonna have -- no matter walk.

In and a couple months.

I'll just say historically six month.

You know debt increases are not out of in the warm Reagan did it eighteen times.

-- -- in this environment no and that.

That's the key you know another factor today this GDP number that's expected what one point 3%.

-- that dismal and it could affect.

You know the outlook of how this whole thing comes together.

I breakfast -- on the spot.

Doesn't deal get done before the August 2 deadline and will they go to the very last minute do you think.

It will go to the very last minute no matter what what happens I do think -- -- get done I do think Boehner gets passed.

Read the uses Boehner as.

Because He.

Tuesday in real quick in the weeds here is the Boehner bill is is what's called house message to the senate so it has.

Special privileges that avoids some of the Palminteri stuck in the senate so He needs Spain her past so for all the Democrats there are kind of tweaking Republicans about the split.

They need -- to give them something.

Because he's got the vehicle that can come back and forth.

Very easily so I think it passes.

Reid men -- -- it back and the question is whether there are enough Democrats and Republicans.

Without He.

-- party's support.

That can get a final product to the present debt and that the -- -- -- And it speaking of the drama Brett because dead.

Democrats are using.

The we have to revisit this at the end of the year as this kind of a stick with which to beat up the Republicans.

But they can use it and they will use it and assuming that Boehner does pass and the law.

That they will use it to -- advantage because they've.

-- talk about did Republicans wanted to cut entitlements and how so it.

It really could work for both sides could it not as a political tool.

That's true I mean listen -- the republicans' argument.

They will they will and by the way in between all of these boats setting up this Boehner want and the new plan that would -- -- to that.

They've been passing appropriations bills.

Credit so these -- -- specific.

Budget.

Bills that deal with specific agencies.

And it's all get up to the budget battle we've been talk about it and -- September so the republicans' argument will be.

This and we are patent stuff out of the house we are doing our job cut -- and balance the probably have the standard -- today.

They'll say a number of appropriations bills and the senate hasn't passed the budget in 821 -- so.

We're doing are stuff that the Republican on the democratic argument as.

GAAP what you're doing it in a way that is harming people in the middle of a tough economy and it's extreme.

And they will tap into the extreme part.

The party as they call it.

The Tea Party faction.

And -- right it plays both ways politically and the question is whether the American public is so concerned about the debt overall.

As it appears ratings agencies are -- are.

That it changes public been.

Brett terrific to talk to you as always thank you for our I hope you got sleep last night Brett there had to Cox maze area.

Take care brat against Special Report every night on the Fox News I don't -- your product slipped in.