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Sleep at all and hasn't slept for days rich thank you very much still look great but I know you don't market around the clock.
All I wanna bring in right now senator Kay Bailey Hutchison Republican from taxes and senator.
Hundreds talk -- you you know used on the floor of the senate starting night before there was an agreement.
It you said that uncertainty is not good for our economy but a bad agreement is worse.
Is -- about agreement.
It is -- it is the best agreement that we could have hoped for considering that we.
Republicans are 13 of the body that is going to make this decision.
I think it has real promise and it has changed the way we talk about.
The debt ceiling now we have no taxes we have real spending cuts and hopefully we have the promise of even more that will get into entitlement reform.
Are you concerned though about this about this commission kind of a kick the can question I mean are you concerned that.
Congress says that they're gonna address these fiscal issues.
In the coming months in the coming years but that.
That could change are you worried that this commitment to the American people.
May end up not being committed to bite you -- your call please.
Well what's different this time Cheryl is -- there are triggers.
If those cuts have not made there will be an automatic cut in spending.
Of over a billion -- million dollars.
Down the way so.
We we have triggers and that is the enforcement mechanism which we have never had before.
Senator of the there's criticism that and in spite of all that's.
Been done that in fact -- -- is gonna case it increases every day between now and the end of the year so we really we really haven't done anything meaningful.
And addressing our -- fiscal situation how would you respond to that.
We are taking small steps in the right direction which is better than big steps in the wrong direction.
We are making progress towards cutting back on spending it's not enough.
We are going to try to do another we're going to try to double it and I think we can I think we've come to a basic agreement.
With the gang of six proposal that was a major step with the change CPI that would.
Affect all of the programs and government that are dependent on the CPI.
That will cut over about a 160 billion dollars.
So that -- Huge step in the right direction I think there are cuts like that that we never talked about before they are now.
At least in a bipartisan way in a small microcosm.
Agreed to and we want to increase that microcosm.
And you have to respect the proposed deal -- on the table what is the one thing that you would have liked to see included.
That you regret at this point that they weren't able to come to some consensus -- I would like to have seen more cuts in the four trillion dollar range rather than.
Over the ten year period.
I think we could've done that with some of the proposals that are and some.
The outlying areas I think congressman Max proposal is a good one.
To just cut 1% a year that would be a step in the right direction.
In addressing entitlements I'd like to have seen that in this fronts the first -- because that's the real long term it's solution.
Really without entitlements will never get to a balanced budget.
That's an accident I let you go we're getting some breaking news that the president is committed to extending.
The payroll tax.
Event that's probably I'm assuming a good thing in your -- cracked.
Well it it is a good thing in a very short term it does help people a little -- I would also like to see us make.
The really strong commitment to the entitlement reforms the -- CPI.
For the long term benefit I'm.
So there's -- holiday you just want to be forever and looks like this is gonna be want that from senator Kay Bailey Hutchison thank you very much has to see senator.
Thank you -- all right well it is.
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