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Fight this market sell off something we're gonna keep talking about here to come to the backdrop of a less than encouraging.
-- jobs number that we had this morning lot of messy economic data all week long at 400000 people lining up for unemployment benefits last week for the first time.
A lot of people specially -- of the big report tomorrow wanna know where are the jobs we have senator Tom copper lined up Democrat from Delaware joins us from Capitol Hill right now and senator thank you for coming I mean that's the president's focus He tells us that is -- its shift to really.
Talking and -- the retreat get the debt ceiling raised talking about jobs but.
The big question is what can be done anyway from a political standpoint to create jobs at this point lot of -- the bulletin board -- been shot avenue.
We -- we shall Waterman.
Through -- provide there's certainly significant comprehensive bipartisan deficit reduction of it.
Ten years we've really missed opportunities that are coming up with a solution which I think that the both systems and plan was we.
We ended up endorsing a a deal.
And and now what we're hearing is from my from some of the the other folks -- -- two leaders will be appoint people -- special committee twelve members of they're not going to appoint anybody can consider revenues even revenues it would be raised by using the full Simpson portraits and lower -- rates.
Corporate loan rates for individuals and too broad based -- and some of the tax expenditures and I think -- through the way to -- -- preparatory.
Taxes provide that was a way to do we had the opportunity for brand solution here where we put.
-- real meaningful.
Reform and that entitlements we didn't -- -- from for my taxes -- in the put.
Significant reduction plan that perhaps unite -- in and we just that's not what we've done.
And we have a second -- this happened with the special committee.
I have -- -- leaders mysteries Republican leaders think a welcome but anybody and never considered any kind of -- even if we do it -- since.
What about on a day like this in a week like this we're down 230 some points on the Dow right now is you and I are sitting here.
Speaking we have a big jobs report tomorrow most of the data on the economy.
That's come out this week it's been so bad that it has people talking about.
The odds of another recession some people cells one and three others say it's 5050 depends who you talk to.
Can be done what if you're the president right or even if you know just the Democrats looking at it and saying how we gonna get this turned around -- time for the for the election next year.
The president prior to take a day off -- They're pretty busy lately probably use a little bit of a break but if if -- might be working the phones through.
Harry Reid Mitch McConnell will be working the phones that needs to floats and done things to look when -- you is not the president cannot tell you appointment.
For this special committee -- we have a chance to I think there.
Maybe at home for our sense if you will and and then make up over the next couple months go back to the intervals -- enough approach.
I don't I think think that that's what we -- that's what we need to meet certain on targets businesses like certainly like predictability.
Would be nice to know that we can actually work together to be nice to know we attraction for -- -- -- meaningful.
Got some reduction plan nationally have some idea what to do and -- policy and out of that for the Billings and I think good things to flow -- the -- Well we just had to endorsements here in the last few minutes one from the wall street journal editorial page and then handing here and the other from us senator Tom Carper Democrat at a Delaware for for Bowles Simpson so.
The CB does He get it done senator carper thank you for coming out today we appreciate it thank thank you so much but our data.
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