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Senate: Island of Failed Budgets?

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  • Description

    FBN’s Lou Dobbs on the failure to pass a government budget in more than three years.

  • Duration 3:55
  • Date

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This transcript is automatically generated

Sometimes.

When -- You decide to do some like the -- which we which I loved to do because we can we can bring numbers together with ideas and tell you -- In and around the precise terms.

Easily comprehensible.

Terms.

-- know what's going on is particularly in Washington DC in the economy.

But we watched the senate today vote on -- different budget plan -- And I I finally said.

Through to my college and I don't like -- but do it because all five of them just failed.

But as usual I was persuaded otherwise and and here we are and and and the reason is because the American people did win today in the United States senate that the senate didn't mean that to be the outcome.

But the truth is none of the plans that -- advanced have a chance of passing none of them were really serious about.

About reducing.

Federal spending over the course of the next budget.

The first budget voted down today by the way was one -- or offered up by a senator Jeff session.

It mirrors president Obama's budget.

In precise charts so why would Republicans -- that plan because it failed today.

The the Obama budget.

I guess we -- -- Obama.

Virtual budget.

Up sort of embarrassing but his own party.

-- -- nine to nothing it was a box.

Republicans now -- the president's budget failed to receive a single vote and by the way their correct.

The -- that's even worse than last year when they did this in the senate the senate rejected last year is by just Miami subs they have not been.

Of the proposal by the way wouldn't eliminate any of our annual deficits that would raise taxes puts the national debt -- more than 25 trillion dollars.

-- -- -- -- 25.

-- billion.

Dollars.

It.

In tenure.

That's impressive under any circumstance since we start up at six team.

Trillion dollars.

An increase of just about 60%.

In the national debt the next budget that failed was House Budget Committee chairman Paul Ryan's budget.

It passed the house.

But voted down in the senate today along party lines but if it lost.

58.

241.

This will be the Ryan plan.

It went down in -- but even this plan.

Didn't -- a balanced budget until another three decades 2040.

And backed think about that 2040.

Who's kidding who here.

The other plans offered work by three freshman Republican senators.

To -- and Lee Rand Paul Turner's proposal.

Well it balances the budget by 220 at least right when -- 2017.

-- and five years but you guessed that they all fail.

-- if that makes you somewhat skeptical about what our leadership in Washington is doing.

At least Republicans are beginning to offer approaches.

That would.

Begin to constrain government and to actually demonstrate.

Fiscal responsibility.

I wanna give senator Rand Paul right.

A huge round of applause.

From all of us here -- Lou Dobbs tonight.

Five years I mean this is now we're talking we're getting serious actually reducing spending.

Its bid by the way.

1113.

Days.

Since the senate.

Past about more than three years.

Pretty impressive home.

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