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Sen. Lugar: Can’t Wait for Government Action

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    Sen. Richard Lugar, (R-Ind.), argues the government must act on the economy and taxes before the 2012 election.

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Even come together over the payroll tax much less a larger issue of growing the academy are cutting the debt.

Can we afford -- to wait until after the election I asset question -- Republican senator Richard Lugar of Indiana just moments ago.

She knows not the united -- a matter of fact we really ought to have.

-- pay taxes code.

Reform.

Right away this is something.

On which I think Republicans and Democrats to agree at least a majority them.

And it would offer some encouragement to investors offer some encouragement to American consumers that taxpayers generally.

But the money's gonna go farther everybody wants to do this wants to clean up the loopholes and -- -- up this and that and so forth.

I've suggested.

The fair tax which is not original with -- -- And intern gets to the heart of that.

And the IRS.

And to cut right through it tax on retail sales only.

No corporate tax no income tax no inheritance taxes -- and very simple form to fill out.

But it isn't like that why he really the end of shake up things and -- construct.

You -- -- Simpson vols didn't go quite that far but they did sort of reach.

In that direction -- a lot of Democrats now Republicans like the idea flatter tax but some Democrats like Kent Conrad suggested that it might be brought do you think.

You and Democrats could work together -- present the president before the election with a bill like that.

Well I would not be alone in that respect there be a lot of Republicans.

And force.

Former senator Simpson good example no longer voting member.

But somebody with influence.

And I would just simply say a lot of Republicans want to see patent tax reform basically.

But I know more interest in hearing whether they're Democrats -- -- -- I know there are plenty of Republicans want to do it but.

Is there more is Ken Conrad the only Democrat in the senate who's who's willing to cross party lines -- go what you guys sure there are more.

But at same time Democrats have to be cautious given leadership the senator -- given leadership -- -- vol.

Orders they're not free agents and what do you think that the president is actually trying to sabotage.

Any agreement arrangement between Democrats -- Republicans.

President been so intent upon.

Almost a class warfare.

With the millionaire's tax in this sort of thing that we millionaire's tax cuts and -- 200000 everywhere all the reason we never get into the basic question.

I may be -- go beyond active -- is presented with something but.

For the moment he is -- offering leadership but is he actively trying to kind of dissuaded Democrats from coming to some kind of deal of the Republican I don't believe so but he's no longer is -- -- either the Simpson Bowles commission but his idea behind.

But once they came forward with remarkable ideas for cutting spending moving toward.

The balanced budgets and so forth.

Why the president was nowhere around and that's send a signal -- democratic leadership.

But this is -- our our program now most Republicans are not necessarily against continued payroll tax holiday however.

That doesn't do much to create jobs but building an oil pipeline from Canada to the Gulf of Mexico would definitely create jobs and yet.

The president is is becoming a roadblock in that process no idea that average -- 20000 new jobs right away.

If you're Canadian pipeline is bill so called keystone XL pipeline seven billion dollars of investment by the Canadians in the United States.

And oil coming into our country that really use the balance of payments problem.

As well as our dependence on foreign aren't all that oil would have to be refined in the Gulf of Mexico that would lead to more reason why -- a godsend as well as the North Dakota tremendous situations enrollments pointed out.

The fact is that environmentalists around in the White House two weeks ago.

And the present some is that well we can't make your decision on this until the -- year after the election 2013.

So -- protect -- by the way -- said we may not be able over I don't know.

I wanna head then and head towards China will enjoy them that's so I've said let's cut that out the president and is doing to make good decision in the next sixty days.

Presented a bill attend Republican sit on the stage of the other day.

A good number of Democrats who was -- was from a 39 Republicans now have endorsed that idea.

-- because it means jobs now it's not in the her after.

That -- income coming in to many states and our country.

And it makes a lot of sense I am hopeful.

We can make headway senator McConnell.

Has put her on the floor.

So doesn't really require committee action we -- vote -- -- right now by the way would have gladly go through Indiana at all no we're not so you're just in time -- in question and energy independence in the foreign policy idea of our security.

But likewise is jobs and that's what our constituents are understood and job number -- is jobs in America right now senator Richard -- good to see -- sir thank you.