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Rep. Hensarling on Obama’s Economic Policies, Taxes
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Rep. Jeb Hensarling, (R-Texas), argues the President’s economic policies have failed.
- Duration 3:29
- Date Jan 27, 2012
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Rep. Jeb Hensarling, (R-Texas), argues the President’s economic policies have failed.
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So I've got to eventually hear of the -- state of Texas what he is going to be.
Watching for congress in very good to have you bill thanks for having me again.
On that you guys at this -- -- exit again it's a -- -- -- thing you sit next to Democrats and everyone that they don't mix and match just because they're gonna -- there's no reserved seating on the house floor so you just -- Orix wanted to let anyone what.
Com what do you make up up I've I've mentioned congress in this in your face approach to president's taking tonight behind.
Financial types on rich individuals -- we will -- have to pay more.
The -- -- it putting it.
Well I'm in an opportunity to hear the speech yet but if I was -- -- -- change the subject to clearly the president can't run on his record.
I mean here we have a president his policies have failed we gaining every single week the congress not my party data in every major legislative Rosalie wanted.
The stimulus we were told the economy would improve there'd be more jobs his health care plan we were told more jobs the economy would improve.
Dodd-Frank we were told more jobs in the economy would improvements -- two million more Americans have lost their jobs we have the highest sustained period of high unemployment.
Since the Great Depression we just word from the Census Bureau that half half of Americans are now either classified as low income or in poverty so what would you do.
Well the president's campaigning in associates he can't run on his record he's running on the politics of division in -- -- -- -- -- that he's having Warren Buffett's.
Secretary of universal like give that woman -- rates well yeah sure that.
Political stopping ours here I'd I'd I'd give her big rights and what are into the top bracket but leaving that aside.
He's going to say there is something intrinsically unfair about that all of this coming on the same day.
Governor Mitt Romney's taxes are out.
He paying at that very low rate.
And that I guess the president saying.
That's not right doesn't -- out so.
Hello it's really unfair is that under his policies more than seven now have to rely on your own food stamps as I said what's really unfair -- that half of America's either low income poverty.
The -- tax code is unfair it needs to be scrapped so really it's unfair to the point that the rich are paying too little you say what.
I say the whole tax code needs to be scrapped people need to pay quote unquote their fair share but his idea.
A fairness.
Is one of equality of outcome our idea of fairness is one of equality of opportunity.
Frankly I find myself -- agreeing with 80% of what the president says I just disagree with eighty -- -- what he does and so why -- Democrats in the super committee -- fundamental tax reform that Republican.
But Republicans put forth.
Why is it that Republicans put in fundamental tax reform that would make rates.
More competitive flatter in fair and yet the Democrats didn't put it in their proposal having said that.
The -- still doesn't have a budget 1000 days today you know it's and the Democrats in the senate have yet to bother to put forth a budget.
Listen the way we address fairness is not to tax some Americans more it's to subsidize -- less.
Let's get rid of all the special interest subsidies that the president defense for companies like Solyndra.
The let's in the bail outs which is the administration.
Is still fostering.
And let's simplify the tax code and make it fairer flatter and simpler but the president won't do this he can't run on his record -- the politics of division into the we shall see congress had very good seeing you thank you very much you can.