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Gov. Christie: People Spend Money Better than Government

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    Gov. Chris Christie (R-NJ) on why he is proposing a tax cut for the middle class in his state.

  • Duration 6:32
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Jurors he's a tax cut.

He joins me now governor welcome to volume company.

I think Peter Stewart you have proposed a middle class tax cut for the people of New Jersey and I put it to you that might -- you.

Looking against the grain of all the other governors in the United States.

It's well listen we've worked hard but we -- one year.

Advance on all the rest of the government's got elected in 2010.

Afflicted 2000 I would the support things.

Over the last two and a half years in terms of budgets and cutting spending nor budget this year Stewart the discover proof is smaller than the budget in 2008 in New Jersey what did you come out.

We cut everything.

Everything -- possible across the board and our first year every department got cut.

And now we've started to reinvest back in some of the things that are important K12 education -- -- for hospitals and then and higher education.

But we're not spending on the things that we shouldn't be spending on any more that government shouldn't be doing and our ability to do that now gives us the room the opportunity to.

Give a tax -- for the people were -- overburden.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Because we want to make our economy grow faster.

And the way to do that is for more money in the hands of people New Jersey have them invest it spend that as they see fit.

What I think it's a principle that people spend their money better than the government doesn't too.

We need to fuel this economic recovery New Jersey more the way to do that is to not have governments spend with us detect chemicals business that's exactly -- to the Obama administration which wants more government spending.

And taking it off tax increases from private enterprise again you'll going against the growing well absolutely and the reason I haven't because.

We're right -- wrong.

You know the the the people of New Jersey -- -- much better stewards.

Of their money than the government -- -- in my town hall meetings all the other folks who want richer we don't waste your morning it's threatened to send in the first place.

And that's what the principle is that we're going on hereby given some people some of the money back if you have the power off and you at the national level federal level.

You can't -- across the board in New Jersey what would you do at the national level in terms of spending cuts isn't worth it we have to do so we're his follow very closely.

What Simpson -- spoke about not agree with everything and sensible but I will tell you but I think it's -- it's a good -- -- what we need to do.

We need to make our tax code simpler and fairer and lower the rates -- on the spending side we need to get control over entitlements.

And we need to make sure that everybody is contributing into the pot of of spending cuts that we can bring our our budget closer to balance its operating these trillion dollar plus deficits every year can you get elected -- a national level.

Cutting entitlements restricting entitlements what do you wanna call with so I think I think that the American people are ready to hear that message really it's a good.

What when it's your entitlement when it Mona that's coming to you -- more than half the population get something from the government if that something is -- will they vote for laughs I think they will.

And the reason I think -- was because they know this country is headed towards a financial disaster we don't.

What what what advice would you give to the governors of California and Illinois which saw.

-- -- -- -- Without raising taxes get tough with you're your unions which they have not gone.

Which we've got a New Jersey we've -- they haven't gotten very tough.

With pension and health clinic performs -- receive a 132 billion dollars over the next thirty years that we got through the legislature bipartisan way -- Through tough collective bargaining.

We -- with my state workers is here I just got a new four year contract you with the -- -- before your Stewart and 0% 0%.

1% and one and three quarter percent they accepted that obviously -- no strikes no.

That he did he get -- -- the table and you talk truth you tough going well I if I have to be put in the end you know you talk truth the people we don't have the money.

-- and I and I'm not particularly for people who are struggling in the private sector to pay their mortgages to pay their child's tuition.

Obviously -- you need more like give bigger raises the public sector unions not much into that if you accepted an expansion of Medicaid -- -- -- look at the feds would give you a lot of money.

Now you and take it.

That's -- arc -- are probably maturity is that Medicaid is pretty well with spare that already.

Other previous democratic governor sought to look specifically at what the Obama care Medicaid legislation looks like but.

I doubt that we can expand Medicaid New Jersey whole lot more than we would -- so you you know you probably joined some other governments who say no we will not take this expansion of -- we're certainly looking -- that's where we're figure hard look at -- leaning against -- yeah now and now with some of the fact the matter is.

That we've got to look at this whole thing that would differ way I hope.

That we've got four months left that Obama care.

And that governor Romney will be elected president and he will wipe the slate clean come January of 2013.

And that the states make these decisions.

Block grant money for the states and Medicaid let us decide how to best manage our affairs state to state -- I can tell you what may work in Montana.

Mean at a certain work in New Jersey and it's one size fits all Obama care approach is the wrong approach from a governmental perspective.

It's -- with yes sir take a vacation.

We will next week speech yes -- book you bet.

We may I ask which will come about -- I've got a few have got a few to choose from their futures -- political books a thriller as a law I tend to reap political books.

A finishing up Dick -- all body never quite get away from the do well not this it's my it's my passions flood love so you'll love eligible -- I love my job I'd love to read.

About what -- -- got two books are working on right now almost the with the -- spoken -- read the book on Lyndon Johnson.

So you know reading read books about you know great American political figures.

Would you agree with them we're not.

You know you gotta put the politics aside and you give one speech during a concert growth politics.

You know they need to sit there and I meditative look at during those -- that.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Another solar company fails at least another 68 million dollars of your money down the drain that story is new and a ten.

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