This transcript is automatically generated
Now for more on the economy gay marriage the debate around at the impact that those issues will have if any on the presidential election.
Fox News political analyst Juan Williams -- great to have you with us here.
What let's turn first to this this this effort by the United States congress this president.
Two and two disengaged.
From -- me mutual assured.
Which is that they would cut one point two trillion if they couldn't reach agreement.
They did -- they are trying drew escape their own judgments.
You know -- after listing -- bigger first statement on what's going on with JPMorgan.
It's just you know it's scary.
Because I think everybody now worries we already have a fragile economy you look at what's happening on Wall Street and then you come here to Washington -- -- look.
At the budget situation.
Are you know that we are approaching right now a situation that goes well beyond the kind of gains and and posturing that you saw on Capitol Hill today where you had one side the Republicans say a week and avoid severe cuts the Defense Department if you simply adopt our budget knowing full well.
But the Democrats who control the senate will never play this game and instead are insisting that they come forward.
You know requisite increases in revenue also known as tax hikes -- And meanwhile you have everybody -- presenting.
Or positioning themselves as -- on a chessboard heading towards the post election phase one we're gonna have to deal.
What books that serious questions about unemployment benefits.
About the payroll tax cut be -- expiration the bush tax cuts expiration.
That would have this draconian impact on the defense spending budget.
These are major economic obstacles I'm not I'm not trying to scare anybody -- it's telling you this -- a bad situation.
And it doesn't matter who wins or loses the election.
And I don't think anyone would infer that you're trying to scare -- they understand clearly on this spread -- and broadcaster trying to reform in doing so as usually eloquently.
The idea that we would in any way.
And by the -- so proud of you -- and our entire Washington.
This this network Fox News.
Is not playing the to -- -- game that others are.
And and acting as if there were some.
Superior position between these two parties right now -- because in Washington DC.
They both have.
A great deal to be embarrassed about.
Paralysis here -- I get anything done.
At a moment when the country needs leadership and guidance especially in terms of the economic terrain.
I mean going back to last year when it -- as again a result of Washington any action and all sorts.
Chicken games you know that led the credit rating to be downgraded now we're in -- situation again.
Where at a moment when guidance is needed just think about what you were talking about a moment ago the failure of the bad at the administration to speak quickly.
And try to reassure the markets going in not only overseas we're going -- -- -- here in the US about this Jason -- they won't even say a word.
But here's the leadership blue.
Well -- I suppose that they are where they have been for well some time now a fortune.
So thanks thanks for being here good to have you here.