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Rep. Allen West (R-FL) on why he is opposed to President Obama's plan for jobs, before even hearing it and what he would like to hear from Obama.
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Congressman Allen west says He really doesn't like the president's jobs plan -- -- -- Hurd that's what a Florida Republican as that's a the president.
To address his plan in tonight's speech one that calls for across the board tax cuts.
But congress and you're you're really not expecting him to listen when he's offering his own tax that's right He says that he's got payroll tax cuts and and the like that that should be.
Of interest to you you say it's not.
Well -- -- lot of good evening to you we've tried the payroll tax cuts.
You give -- short term -- on that but it does not give you -- thing for the long term sustainable economic growth and job growth.
And I think also when we know that we're facing a bankruptcy of Medicare within the next thirteen years and after that about another eleven to twelve years of Social Security.
Now's not the time to talk about -- -- in the swamp of those programs we need to talk about how can we really.
Provide that confidence in the economic the monetary policies of tax and regulatory policies so we set the conditions for private sector to grow again.
And I'm that's what I'd like to hear the president talk about tonight is set of investment.
Infrastructure banks and things of that nature.
So.
If it were involved is a total package congress and you know you have.
-- -- trillion dollars in in -- various targeted tax cuts are.
Investment spending and I don't know he's -- spending anymore but but but -- -- together it would be you know from him.
Yeah because once again that you know we don't need to talk about another 500 billion dollars of spending we just don't have it right now.
And -- -- modest as submitted this time.
Let's talk about how we take this corporate business tax rate we cut it down from 35% which is one of the highest in the world.
Maybe down to twenty to 21% and then you eliminate.
Loopholes -- just give our private sector a competitive tax rate.
What we can have of the trillions of dollars of capital coming back here and maybe we even make that policy retroactive to the beginning of the year.
To allow them to a repatriation of those those funds let's look at how we can reform the personal income tax code so that we can provide some type of stability and certainty.
To our small businesses that operated sub chapter S corporation us.
Let's make sure that we start to roll back some of these onerous regulations that are precluding our businesses from growing at the rate that they want to.
You know.
You know that you can always go script I guess -- surprise us.
-- -- -- -- here that cars and so.
Here are excited about he's not going to -- to -- then I don't think that's gonna happen.
Now I know this tonight professional football starts and maybe -- News you know it imclone -- whatever the fact of the matter is now it -- happening.
So what I'm wondering is what's going to be happening on capitol over the next fifteen months and so the next election.
I suspect not much.
Well.
Neil let's be very honest which you have in the United States over America right now as an incredible ideological -- You have people that believe the way ahead for the United States of America is is bureaucratic nanny state they centralized economy.
People that believe the government is the only way that we can now restore this economic situation which we find ourselves.
As opposed to people that believe and are free market and free enterprise systems to believe that though what we have to do.
Is -- set the conditions with the right type of policies that provide the confidence the access to capital for small businesses and create the certainty that they need.
On -- got use our.
I wanna get your thoughts as the Florida congress what you made up of the that the dust up that repairing created last night.
In the presidential debate -- from the Social Security as a Ponzi scheme.
Well I think we have to be very careful about that because wanna face about tell people is that we have mandatory spending programs one of those Social Security.
And I think if we can have the right type of policies to get Americans back to work.
Back in 1950 you had about six and a half Americans worker for every Social Security recipients.
Now we're down to about three to one and up projections take that doubts about one and a half for two to one.
So we've got to get more America's back work and so we can replenish Social Security make a deal -- He was vilified to monitor that everyone was jumping ugly on -- To Tucson I think I think did right now people look at for anything that they can use to try to attack any of the presidential nominees.
But I think the most important there's no disasters as other.
Competitors who are doing -- yeah well Nassau saying absolutely right you got to out of separated yourself from the pack.
-- congress and thank you very much always good seeing thanks pleasant --
