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Rep. Kevin McCarthy, (R-Calif.), on what Congress needs to do to make America economically competitive, the presidential election and regulators’ ha...
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What about when you look act.
You know -- political landscape going forward.
You've got us this.
Fight over taxes that -- -- Fleshed out here is is it a foregone conclusion that nothing's gonna happen before the election.
But doesn't have to be the case that.
But if you look at the senate the senate hasn't done anything for two years they have -- produced a budget.
That's not how the house will move the house will continue to pass legislation to help the economy -- we have more than thirty bill sitting in the senate.
We'd like some -- -- brought up for a vote.
We'll move next week about regulations.
Often times regulation holds us back -- Latin America compete.
-- the Olympics are coming up.
In America today think jumping in -- swimming pool and we will we will wait belt and -- win.
Back in the days the days will work jacket 300 pound when now when now when America doesn't say take the -- -- obviously just falls when liking used to.
How we -- America on the advantage to be able to compete worldwide.
While protecting what we need to we can do that we can do that smartly.
So you'll see that legislation passed the house and you see this come back and stop the tax -- The -- members they'll go across this country talking to their constituents listening to their constituents on July 20 cent.
Because we want to build up we want America to speak out to say where they stand on the issue as well.
Do you think the house can complete tax reform and in just one year that's -- the -- -- we've been building on this for quite some time we've got a lot of great ideas I believe we can do it bright minds a lot of people engaged in the process we've been doing listening sessions here all year long.
About ways to make -- move forward but we need unshackled holds us back.
And when you look at American history.
Just like back in the -- we -- able to do it even in a bipartisan way.
The president has to see is the same position he had two years ago now we -- -- because now he's up for an election that's wrong.
Put the people first put the economy.
Ahead of your own personal gain and -- get America working again but in the -- taxes -- not.
If you watched after Ronald Reagan came -- reform the entire tax -- and he had technical -- speaker Rostenkowski as ways to me mr.
That the fundamental difference -- we had here we have Republicans on this side of the aisle they're willing to work with this president we've laid out ideas after ideas.
Instead of demonizing one another should work together but I -- this president he just wants one thing it's all about the election and about the economy.
With the people first mobile would be but he's Bain Capital tax and do you think that scheme Romney campaign is sufficiently answered those tax.
Politics is politics but.
I would simply look at Staples -- to land.
Which was a better investment and who invested there.
Private capital money who invested government money.
I think there's more answers and -- than they are about -- still need to be answered you know one of the talk about the policy itself.
-- -- the find somebody that.
-- has a long history here what's happened in the last four years I know he wants to direct from that.
Because economy doesn't look good it wasn't what he's promised he has a lot of broken promises and most of this legislation.
So this part of politics to get away from the issue that's wrong let's just talk about the issues you think that the -- tax I think.
Senator McCain said it was gutter politics do you agree that -- that it's trying to keep off the issues that American public wants to talk about.
And -- that's good for politics but it's not good for the country.
Let's talk about the issues let's let American public sit back and look at what the issues what individuals could.
Knows a lot of promises out there that the president's continue to -- Health care.
Have you health care today and you like you can keep find that's not true that he wouldn't raise one dime to the deficit fine that's not true.
But Obama care they spent all their time on in -- down economy would actually lower premiums well we know that has gone.
He said the stimulus if -- -- that unemployment would never go above 8% 41 months later he's been wrong.
So let's talk about the issues instead of just -- politics that's what the president's doing he -- kind of financial services.
What do you think.
The -- war and a global.
The -- financial do you think some Republicans have said that our regulators aren't doing their jobs.
Do you think that's true.
Well one thing I've always believed is is accountability.
And no matter where you have in the process you want to make sure people -- held accountable.
-- and watch more transparency we have better off we are.
So I think there's places we can look places that people even though they had regulation than they were paid attention.
I think that.
Greater accountability in government has never gone wrong -- you do better John do you think.
I always think in the process -- greater accountability to better process something went on that wasn't content that's at stake no one's ever gonna make a mistake.
But I always think people should be very honest in the process if we didn't catch something -- want to ask the first but why did.
If we didn't make that correction and constantly improve.
So there's so many questions about this administration.
What are they hide from the fact when something's gone bad.
So -- to it and make sure that we improve on the next.
About.
As its storied political Politico today the president's -- -- has met.
And six month there's the oil and gas price fraud working group would you say that that this administration.
Is eager to propose.
Commissions and and task force and and would be the result is -- past behaviors the same as -- future behavior.
He put a whole group together to talk about.
The deficit.
When they came back with -- study being put in his budget beginning and he handing out one Democrat even -- prospective.
I think a lot of that is for show -- he put his job council together finally take their recommendations.
And start moving the bill why wouldn't fight for that.
I'll guarantee he spent more time on the golf course more time and fundraisers as with the job -- I think American people think that's wrong.
And he else congressmen mentioned that you'd like to.
I think people are tired of the gimmicks of Washington tired of the politics to Washington and want to focus on the economy and want some certainty.
The idea that the Democrats are willing to whole country hostage for some political gain and harm more individuals.
That's wrong -- how far out of touch him.
When we do tax reform venture capital that just individual -- -- prepare.
I think we have to look over look at the entire tax code of America.
And be able to compete worldwide.
Let's -- America at least have a level playing field.
-- -- poster here Winston Churchill I believe the Winston Churchill said about America could always count on Americans do what's right after the exhausted every other option.
How far how far along -- -- every option I -- four years of exhausting a lot of options now's the time to move forward.
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