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Rep. Doug Lamborn Reining in the Debt
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Rep. Doug Lamborn, (R-Colo.), on the need to rein in government spending so taxes are not raised on anyone.
- Duration 3:40
- Date Dec 30, 2011
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Rep. Doug Lamborn, (R-Colo.), on the need to rein in government spending so taxes are not raised on anyone.
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Welcome back washing hands on vacation but the spending gender race still going full blast the president delaying his request.
To hike the debt limit by another one point two trillion dollars but the pushes on to get that spending back into full year Republican congressman Doug lamm board of Colorado says he's against hiking any more spending in 2012 so -- -- would make of this what does happen with this suppose an about face on not raising the spending.
Well it's only be for a few days so that we had can still that the fifteen day window into the seventeenth when we come back to -- -- I -- look at flight in a few days early that'd be kind of expensive.
But what's gonna happen Liz is the house will pass a resolution of disapproval like we did recently.
But the senate will not pass that resolution so the spending will go forward and fortunately.
All right the president campaigned as a great uniter he's now the coming across more like a great divider this class warfare ideology.
With the tax -- basically turning into.
Codified envy because now we're talking about and if things like a millionaire's tax shared sacrifice will mean that what what that really mean -- If you're -- doctorate there in your small business men as a doctor and you try to treat the poor and -- working really hard at your job the state -- gets to take your money and spend and on the so -- of the world is this still -- reelection campaign strategy that you think will work for the White House.
Well I sure hope it doesn't work we can't sustain this is a country we need someone new in the White House by the end of 2012.
-- we can't go one as a country gets that stark and that simple.
That we should be talk about 99% vs 1% I think Liz we should be in favor up all of us of the 100% what's good for all of America.
And -- so called millionaire's tax.
80% of that comes from small business if that increase were to take place those -- the job creators so I agree we shouldn't have this class warfare and these.
It distinctions we should we can get -- spending under control and then we don't even need the tax increase.
I don't want anybody wanna succeed in this country at the State's gonna just taken with higher taxes that's and that's and that's -- to for health reform kicks in.
With a massive amount of new taxes that it's gonna hit all of us and with the president gets reelected you can bet that those that bush tax cuts.
Will expire in all of our bills will go up so the government to take more money to spend on interest costs on higher spending that they jacked up.
Threw out the president's term he has added the equivalent of two France's to this debt picture alone.
And just one perhaps.
Absolutely when he took office the national debt was ten point six trillion this last installment when it goes into place in January because we can't stop it.
Will be sixteen point four trillion dollars that's a 60% increase in one term.
And he's done nothing about entitlements.
He's shown no leadership.
Entitlements -- what is -- Europe will be another European failed socialist state if we don't get entitlements under control and I wish you would show some leadership.
Liz he's shown absolutely zero -- leadership he does not talk about.
And will not disguise well yeah -- he's showing leadership by leading from behind but he's selling leadership.
In raising taxes and spending I I think his campaign motto should be be unbearable rightness of being what do you say final work.
Redistribution of wealth is what he's all about that's what he told Joe The Plumber that was a very -- -- -- men and it was very correct and that's what he'll do for the next five years.
If we give him a chance our country cannot sustain that -- are so good to be with you tonight -- really appreciate you have a happy new year hope we see -- in 2012.
Happy new year to.