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Christian Dorsey of the Economic Policy Institute and former advisor to President George W. Bush Kereakos Zuras on whether Congress can come together ...
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Hi thanks very much -- call.
House speaker John Boehner says the voters' message was for compromise he -- in a statement quote.
If there is a mandate is a mandate for both parties to find common ground and take steps together to help our economy grow a great -- which is critical to solving our debt.
So is congress actually up to that -- Though let's -- -- -- of the Economic Policy Institute.
And -- opposite euros former advisor to George W.
Bush let's start with you Christian.
Can Republicans realize now the debt has won two out of three there -- Concord party and it's time to -- and and they give them.
Well even though I support the Democrats I'm not gonna gloat I support speaker Boehner -- message but you know past is gonna be prologue Dennis I'm not that optimistic that things are gonna change.
Arguably.
-- houses more conservative in the Republican caucus and more liberal in the Democratic Caucus than it was.
In this past congress so it's hard to see others going to be a path for compromise right unless speaker Boehner really leads and a very different way okay carry on 'cause.
You know what Obama seemed unwilling did sit down all that much I think -- might have passed a wallet you're not a single Republican vote do you think Obama now within a mood to have to work with the other side.
Well first -- -- -- -- -- agree to a Christian just said it's going to be difficult.
But you're right the obamacare was passed I believe with no vote from the Republican side and I don't see -- and senate for President Obama that they have to do anything because.
He's got everything going his -- that he can push through whatever he wants and the parties -- a divider on these issues.
Just don't see it happening.
-- Christian what is the one of the biggest concession the -- the Republicans could make.
To move this thing for deal if other Republicans agreed tax hikes on the rich eighty billion a year and -- -- still going to be spent in the budget by more than a trillion dollars that we collect -- -- but would that be enough to get the Democrats coming in Ben happier.
-- as I think you've hit the nail on the head it's not necessarily tax increases on the rich per say but it's the whole idea that revenue raising.
Needs to be a part of a balanced approach to -- -- reduction.
And fixing our fiscal ship the fact that that isn't taking completely off the table.
By speaker Boehner and his caucus really makes it impossible.
Impossible to have any sort of our -- real approach to deficit reduction and let alone a bipartisan copper.
-- here -- always felt like that tax hikes on the rich was more about symbol than anything else -- -- billion dollar item per year and a trillion dollar deficit per year but did you tell -- secure August what's the one big concession Democrats can make.
To get Republicans moving forward well you're right taxing the rich and Harley and a -- the prom that we have and the speaker Boehner you know look -- with the Republicans proposed.
Well to go along with you know some tax increases would you have to have some cuts in spending they didn't say no just no so what's gonna have to happen is is that both sides you have to come to an agreement.
The Republicans are gonna push for no tax increases unless there's cuts in spending.
And Blackberry.
They're gonna require cuts in spending for every.
Tax dollar -- it without -- I think spending how come we're spent one point one trillion dollars more than we're gonna take again.
This fiscal -- one point fund we we we got we got a lot to go along with -- but you know we we already have -- budget control act.
That is produced significant cuts in spending the fact of the matter is what we've had off the table -- ways to.
Increase revenue and to invest in job creatine and that's where I think the Republicans have to move a little bit OK you know what I'd love guys.
College level bottle would move forward without big tax cut across all income classes would that be great.
But definitely I would -- thanks very much for realism bishop Darcy and carry out its vigorous.
