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Rep. Grimm: $250K is Not Rich in New York
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Rep. Michael Grimm on Obama's tax plan and the potential devastating effects of the health-care law on the economy.
- Duration 3:18
- Date Jul 10, 2012
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Rep. Michael Grimm on Obama's tax plan and the potential devastating effects of the health-care law on the economy.
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We'll kind of need beginning debate on repealing healthcare lot joining us with more on health care president Obama's tax hike still.
-- congressman Michael -- of New York congressman thank you so much for joining us.
Good afternoon period to be here are coming up house will likely approve this but the senate will say no way in of course the president will veto -- repeal health care so.
What's the point.
Well I think it's extremely important looked at this this health care law is so important.
To the outcome of -- our country plays out next few years.
It's gonna be crushing and devastating this economy so we have got a question how -- -- -- voting congress right now with -- and that -- It's -- something we'll still alive that is forcing Democrats then to approve yet another tax increase.
That's that's all part of it -- mean as some politics involved but again it's to keep it in the forefront that so that leaving I'm not -- oldest is still Americans that haven't paid attention.
It's important that every American pay attention to this -- my district -- -- a 107000.
Seen using growing -- customer video have a devastating.
It's not minute past we've got the election in November what's what's gonna it's gonna.
Secondly happened between passed the house down the -- need to by the president as -- said looking happened between that and the election to repeal obamacare.
More Americans can become aware just how devastating this lawyers -- inhabit a tremendous impact on the November elections it's about accountability.
If the senate is not going to pass this repeal and is said it needs to be held accountable for the devastating effects on the economy and the president.
Couple all of his failed policy not just this health -- -- but all this failed policies and believe I'm not against some Americans still have not paid attention.
This is a way to get America to understand just how devastating on the economy this is going to be -- -- -- more we push the issue the more people pay attention unfortunately.
Absolutely congressman.
Does some people might say gosh well the president just this week yesterday push this idea that we're gonna see tax increase not an extent -- with.
Tax cuts for people and families that are you know I'm going to -- right earning over 250 K so and we're approaching this fiscal cliff collapsed and part of it also why not you know focus your energy and attention on this problem.
Look don't get me wrong we are working very hard on the tax issue but again everything this president has said is really is being -- by this.
By this health care bill this is another massive tax on middle class Americans more than twelve of the tax is 800 billion dollars in new taxes and health -- law.
More than twelve of those taxes are going affects middle class America so when the president says that he wants to tax millionaires and billionaires.
Hello you know news flash for the president of the United States in my district New York City.
250000.
Dollars -- not reached -- it is is not people -- -- -- -- all over the world and private -- -- these of people that -- -- and in private school that are just getting -- but he's also the same people that have some discretionary money that they spend in local economies and give to local charities so few more attacks them to death.
You can't expect local -- -- you -- check expect local businesses survive that's what this president simply doesn't understand.
And when he says the private sector is doing fine.
It's proof positive that he's completely out of touch what what this country's all about what's really happening and how much people really hurting.
And are not even talking about the small businesses that are getting the job creators right that are getting -- -- -- thank you so much almost 7% more jobs created by that which we get my time congressman Graham thank you so much for your time.