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Former U.S. Comptroller General David Walker argues until there is a budget Congress members should not be paid.
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That's it's a congress get a budget or get buckets to former controller -- walker who says either congress -- a budget -- producing a paycheck for them.
On you know data sounds a little -- but you know the more -- thought about it makes some sense what -- One nail on the under the constitution the only thing that congress has to do every year on is to basically come up for the appropriations bills and an order to come up -- appropriations bills.
You'll need to have a budget.
We haven't had a budget for three years.
The congress is only passing timely budget and appropriations bills mean by the beginning of fiscal year four times in my sixty years of life.
If you I don't do.
Our job.
We don't get paid and congress shouldn't either.
And you know enough is enough things have or just out of touch it out of control -- this is a basic fundamental premise that 88%.
Of the public.
Supports.
You know what's -- going to ask the public about this whole idea that we've never had a budget over three years they say would you like C has begun on May -- -- on the company's.
Could you run your family.
Could you -- Fox Business news.
Controlling only.
37% of your expenses while the way -- when we have a budget we only control 37%.
Of expenses.
The answer is is that we have a short term.
Safe harbor that we're experiencing because of the uncertainties of Europe.
But calls the Federal Reserve is self dealing by buying our own debt in order to keep interest rates down in order to pump the economy up in order to help housing.
But these are temporary conditions that -- pass and we better start make it tough choices if we don't want the kind of problems that are happening in Europe.
To happen here in the United States.
How -- people would respond and Watson into no play no better.
Well California is -- -- done it.
And -- had an impact the first year.
They they try to playing game and pass a budget there really did meet them the basic constitutional requirements.
And then the treasurer I believe said the -- not gonna get paid until you do so -- made modifications and and then passed a real -- you know California used to count.
The proceeds from new debt offerings as revenues.
The federal government's not that bad but then we don't have a balanced budget requirement and -- a long way from balancing our budget anytime in the near future.
Real quickly before the end of this year when all these tax rates expire on do you think they're gonna resolve this or is it going to be a -- to a line that says -- -- -- I think the lame duck session will make some decisions with regard to short term issues like the payroll tax cut -- temporary.
Like the unemployment benefits extension.
May be some type of compromise with regard to sequester -- -- defence and non defense spending.
But I'm big ticket items like comprehensive tax reforms like really go -- back in Health Care Reform -- respect of the Supreme Court decision.
Like issues on social insurance programs.
Those are gonna get punted.
Until 2013.
And I think it's possible to get a grand bargain in 2013.
And I think it's important that we do everything we can't make sure that that happens.
You know -- of people would say to run for president but you do make a lot of sense and then thank you very very much today blanket a former.
US comptroller general and he knows stuffy nose and obviously -- of the bodies of -- animated.
It's a lot of comments -- stuff we just don't think about.
