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Can Progress be Made in Reducing Government Spending?

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    Rep. James Lankford, (R-Okla.), on efforts to rein in government spending.

  • Duration 3:35
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The congressman James Lankford says they all make a point they Oklahoma Republican says we've got to get our spending under control and we do not.

And here we go again -- -- Isn't exactly -- -- go again but did you get to Canadians be able Stefano us well.

You know I'm wondering when they're starting to offer for -- -- some advice of my -- of these to be a basket case.

There is some wisdom when harper was saying that he put -- governor position of not spending more than they were taking and that's a unique concept.

But it's an ordinary that it did your party isn't getting and it's one that the Democrats are getting -- and I guess my fear it is no -- do you.

The for the next year we're not gonna make much progress.

Well.

We have to make some progress on it we're fifteen trillion dollars and -- climbing -- -- there's not reason they're not into balance.

Well that's all we gotta get data pushed on for instance does that deal we're talking about -- the unemployment insurance and such.

We're pushing into the decision to pay for eight of the 90 last unemployment insurance extensions had no pay force had no anything feel -- -- -- -- -- -- -- -- few weeks.

And -- so we're -- Minnesota new precedents say we can't just continue to -- the stuff on.

And I know we're getting pushed back saying -- -- inhumane.

For winning -- just actually pay for things but there reits is a point we say.

We're basically trying to say to people times are tough I'll make it tougher on the next generation to make it easier on us and we get stopped doing that.

Do you -- the same -- for a standards of the -- outskirts.

Well payroll tax did you really Social Security tax I -- -- the funny part had a conversation with someone earlier today he used to be that congress got vast on all the time for taking money -- Social Security trust fund.

Now they're trying to take -- other sister trust fund before it ever gets to the trust fund -- siphon it off.

And so what we're really -- -- that is -- it's a real reforms on social security and know what's happening or we can stabilize their program maybe that's actually doesn't have to be so -- we gotta be able stabilizing.

All right but you do all bit of that to a different standard tasteless contain forward -- -- -- -- -- at least having your party did to extending the bush tax cuts because on the argument.

They didn't have to be paid for because they've worked revenue creators or whatever they are -- was at the time which might have been fine seems like a reference standard for this payroll tax cut.

-- we we also lose -- evacuees are right in 2001.

CBO was also scoring a five trillion dollar.

Surplus at that time and so part of what happened -- that time was CBO made a mistake on it.

And so that's a part of it obviously goods tax cuts were paid for but there are also lots of other issues and that so it's -- look back in hindsight -- ten years -- Arnold.

Remember we don't want us -- now harmless and are looking now whether we extend the payroll tax cut.

Or not if we attacks paying for now that's the -- the that -- you know the new holy Grail.

On right and we didn't with extending the bush tax dozens might have been -- but can you see why Americans are looking at that and say that don't know I can't.

Two to two different issues aren't that one is -- marginal tax rates actually -- -- you know when is the apparel Texas really Social Security Medicare those are supposed to be a benefit.

Contributions -- some future benefit on it but towards that obviously they're cutting that they're taking their money directly out of that.

In your siphoning off -- the general -- they're two different taxes in the way they're structured on it.

I'm gonna make one statement about that big Canadians as well.

So that's his Keystone Pipeline to talk about the way railing regulations who would have ever thought in Canada we look at their regulatory environment -- -- much better than ours it took him a year to be able to permit.

The Keystone Pipeline three years in accounting for us and -- now with a health care issues now are taking Canadian health care bringing down why have.

Hospitals in Oklahoma City that received Canadians is tourists.

Because they want to wait in -- so -- for getting health -- they're coming Oklahoma City.

Had to be able get healthcare so it's a strange dynamic having reserving turns on -- -- all right congressman thank you very much.

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