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What’s Next for America’s Debt Crisis?

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    Grover Norquist of Americans for Tax Reform on the efforts to curb spending and how he is grading the candidates’ economic plans.

  • Duration 4:26
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All the money super committee epic fail new turmoil over the bush tax cuts blame it on the zombies in congress take a listen to Ben Stein on CBS Sunday morning.

-- about the congressional walking dead.

They get elected and then might look as if they're alive might look do they respond to stimuli like living people but they're actually in another realm.

Where crises present themselves in the zombies just staggered past them accomplishing little or nothing.

The debt crisis doesn't get resolved on time so one time does that mean a lot to a zombie.

-- legislating by crisis joining me again is Grover Norquist Americans for Tax Reform -- The point I think Ben is trying to make on that that shouldn't put warlords have been -- -- mouth.

Because we don't know where they came from original but I think he's what -- -- trying to say is that nothing gets done in DC until you know there's ten seconds left on the shot clock.

Well -- there's a reason for that.

The two political parties are trying to go on opposite directions.

So it's not as if you can sit and have some compromise.

As you could back during Richard Nixon's presidency.

-- Richard Nixon wanted to spend more money in the Democrats -- spent a lot more money as they compromised by spending sort of a lot more money.

Today thanks to the Tea Party have Republicans committed to spending -- Democrats wanna spend more.

Republicans want lower taxes for Democrats -- higher taxes.

Somebody wants to move east than somebody months to move west.

What's the compromise well it's there's nod to apparently there's no compromise especially when they sign your document -- we were we're not gonna raise taxes.

-- -- -- So did you know -- for then when when they.

They -- this big one point two trillion dollar legislation.

Idea on the super communities -- -- -- -- no way in hell they're gonna come up with -- would anything that would work.

It yes and I said so at the time while always.

Keeping hope alive.

That the modern Democratic Party might actually do something to.

Rein in spending -- remember.

Harry Reid and and others have been complaining about the super committee or me -- the pledge the -- the democratic US senate.

Has not passed a budget for three years and pass a budget this year -- pass a budget last year that in passed a budget.

The year before so for them to say we're gonna have some.

Other group come up with a magic -- solution.

Is -- serious the Democrat the Republicans passed a budget that that the Ryan plan reduces six trillion dollars in spending.

Republican -- represented that's actually very good.

Plan it is a plan for the future.

The Democrats should put something in writing.

Not an Obama speech -- put in writing.

That CBO can score probably could have a conversation program I have this is.

Of the of the GOP candidates seven -- -- -- -- now more -- -- -- above 1%.

Do any of them score well -- on your radar on gun gun it or doing the right things the conservative radar not raising taxes -- across the board.

Who who scored the highest for Grover Norquist.

-- all of them with the exception of Huntsman have signed the pledge that they'll never raise taxes which means they will focus on reducing spending.

For tax reform plans Rick Perry has the best plan out there now the 20%.

Planned getting -- death tax killing the capital gains tax to great well thought out plan.

I understand Gingrich has said has a good one as well but I I have not just to focus on it.

-- Romney's plan came out early member the very beginning church is moving in the right in Iraq once said.

Computers and we go ahead.

Eat that he needs to update.

-- and he was moving in the right direction but it was.

That insufficiently focused what do Michelle Bachmann.

-- I've not focused on her plan she has been a solid vote against taxes and against overspending as long she's been in congress right.

Really there to go before we go you any thoughts on now Barney Frank stepping down today.

I was involved in the original campaign to stop Barney Frank in 1980 when by one point.

He squeezed past our Republican candidate in Massachusetts -- fourth district of Massachusetts.

If -- worked a little bit harder we could've been spared all this drama.

All right and it did I guess user represented back in the day to right chart that Grover a great -- -- my friend.

Thank you.