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Rep. Connie Mack, (R-Fla.), on his plan to avoid raising the debt ceiling in January and balance the budget.
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Dow right now.
Let's talk debt shelling because there is another big showdown coming -- not subject of debt.
I'm that would be the debt ceiling that will be this spending cuts to the schedule for next year not to mention the huge tax increase is scheduled for next yeah.
Who -- up to bring it on the subject than Connie Mack.
He's a Republican from Florida I believe you are running for the senate as a Republican in Florida correct that's correct welcome to the -- good to see -- thank you very much to urge you want spending cuts you visit tax increases vs spending cuts -- on the spending cuts on alleged right.
That's absolutely right why what why would we even consider tax increases we know -- -- just can destroy future.
Growth in this economy why would we even consider that okay so you should be pleased at the one point two trillion dollars worth of spending cuts in health care and the military.
This sequestration.
Thing that's coming up in January.
You don't support that -- and of course not.
So we look I didn't I didn't supply didn't vote for that that thing because we knew it was gonna be a big mistake and by the way.
That's only say a reduction in the rate of growth off in the ten year period of ten trillion.
So -- if we're gonna balance our budget we need to make real cuts but we don't need to do it in in the way that this was done with this bill.
Which is always goes to this -- compromise we're gonna have this.
Grand compromise in and at the end of the day when you do that you get nothing.
What you once you've got a penny plan that's one penny off every -- -- Each of the next ten years is that price its first six years six -- or six years in the seventh year we cap spending at 18% of GDP.
And in the seventh year we balanced the budget it's a common sense way to balance our budget.
Everybody who's watching your show today.
Everyone has had to take more than one penny.
Out of every dollar of their home budget or of their business -- budget and the federal government should be required to do the same thing now that that takes politics out of it doesn't.
That means I can give more to this group and last of that group I can't do that and that's -- -- nature -- politics -- well here's a thing so we leave it up to the congress to decide where that 1% comes from.
Only if the congress and the president fail to act is it across the board.
So you know what we're saying uses.
We need to get our act together every once season we've got a problem sixteen trillion dollars of debt.
One point three trillion a year and in deficits we can't sustain this it's my nine year old son and twelve year old daughter -- gonna be paying this debt back.
And we need to be responsible and I say this to the leadership of both sides get your act together we can afford to continue to do this before the end of the yeah.
All as of January the for us there's this huge tax increase coming across the -- everything goes all taxes go up.
-- -- the one point two trillion dollar spending cut and we go to debt ceiling to renegotiate.
He intends seconds what do you think's gonna happen here.
Well there's going to be a lot of mischief and at the end of the day in less.
The leadership on both sides is willing to stand up and do the right thing which is to cut spending but it won't that they'll there won't do that and -- -- -- that if you have a completely different political balance a sweet buyout the right all the left in November.
If you have either of those things us with a two a -- You would have a solution via otherwise gonna split decision and a mess that's right and that's why I think you're gonna see big sweep come in the United States senate.
Harry Reid will no longer be controlling the agenda we will have a budget in the United States senate for the first time.
In four years.
And you know we need to get back on fiscal responsibility.
And not on this road degrees that you could get it is industry this -- you have to say yes of course of course of course we're gonna do and we're gonna start Florida -- -- sounds of Shula -- of course you have -- look on positive about this.
And because people are sitting at -- going.
Would they know that -- senate that doesn't have a budget.
And that's sixteen trillion dollar debt that we have to do something Connie -- a pleasure to have you with us so we appreciate you being here.
