You're watching...
Ford O’Connell, CivicForumPAC chairman, and Doug Schoen, Democratic strategist, give their takes on when a long-term solution for the fiscal cliff w...
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
Sounds like who buy -- time is over.
Meanwhile the American people place -- 12 punch of tax increases and spending cuts at the end of the year will Washington ever get its act together.
And what's at stake for the GOP but doesn't.
Time to bring -- our all star panel Ford O'Connell chairman of the senate -- pack and former campaign advisor to.
McCain and democratic strategist Doug -- also a Fox News can shattered that we were talking in the break.
You said you don't see people coming -- I don't have in there might be a last minute.
Deal to sort of kick the can down the road into a framework.
For cutting spending and entitlements and doing tax reform next year but what I saw last week from the president and the congressional leadership doesn't give me optimism.
No optimism -- act I want you to hear what the president had to say in -- that -- traveling today.
Its presence.
-- president I cannot just impose my will on congress.
The congress of the United States even though sometimes I wish I could.
I think that that's sums it up to -- -- again I'd like I can't put my well but I really wish I could -- -- Well he's imposes -- before -- -- let's remember obamacare look he is doing -- the White House and the senate he's got two of the three legs needed to do this.
I think John they understand the bigger adult in this conversation by putting.
Revenue on the table that said though I do think I do agree Doug I think we're gonna get some last minute deal we're gonna kick the can down the road.
But I will say if we go over the fiscal cliff might parties wants to shoulder the blame.
Frankly because 80% of Americans fear that the -- but only 26% Americans.
Actually knows what -- -- -- -- losing the message game and that's why we're really having to bargain right now.
Do you agree with Ford -- Republicans who blamed you know I do agree with forward I think his candor and he is intellectually honest speak.
Are admirable but to me there's a larger point tonight be no disrespect to him by saying this.
We all lose there if we go over the fiscal -- But the stock market last week notwithstanding this week's.
Gains was a sign of trepidation to me and bottom line if we go into some sort of an economic downturn a recession.
All sides all parties all ideology is lose and -- we just can't do that.
-- Doug let me say one -- -- -- -- -- former Republican I do agree with -- that we all lose if we go over the -- all I'm saying is when the finger -- goes down and we do go over the -- My parties want -- to blame and right now we're trying to put Humpty Dumpty back together candidate worked all that well I don't -- because of that comment.
To that point and to both the view what it what does that Republican Party need to do.
Acted to change Chilean commute in this country in -- -- with you.
I think we really have to expand the base we can't continue to be the party of old white man essentially we have to work -- controlled immigration reform and we have to change our message.
We got to stop a far -- don't.
-- if you don't broad brush your lazy -- rhetoric what we need to come up with -- -- we feel your pain.
We -- here with you stick with us and our pro growth policies in the future will be brighter but I also think we have to get out -- we really have to educate the masses on what limited government.
And pro growth policies mean going for but the one thing we can do right now to show some leadership in John -- he's really get in there.
Well -- Interesting to see it actually works at authorities say about I think.
Board's agenda makes a lot of sense but there's a simple thing they can do now.
Go for higher rates coming in say President Obama will go up appointment have two points but you've got to do real spending and entitlement cut.
Cuts because Ford is right if the Republicans hang tough with where they are they will lose they have to make the kind of changes for described so far there's no.
Along with up forge together Republicans come across with a 123 point debt.
Income tax percentage increased.
I don't like the income tax percentage increase right now because we need a promise to get a larger deal what I do like just put revenue on the table by capping deductions of either 25000 or 50000.
It's not yet time to give indoor principles for the betterment of America until the Democrats and President Obama -- -- the show some leadership as well.
Are right -- I have to move to something fun because this fiscal -- stuff is really getting me down.
And that would mean Joseph Biden the vice president had something to say he was in the area here surveying the damage from the hurricane sandy here's what -- said.
If you think so as the president's seven -- up -- the governor we're not going anywhere.
Where where where we're not going anywhere and and he got a whole -- In new deal who who who gets.
Right so he's referring to himself is now referring to the -- he's referring to himself because he grew up near the ocean -- -- -- but really.
Can't elevate the rhetoric just a little bit you would think both sides would look -- I his -- have been.
You know legend eating late and legendary Iraq.
But we really on both sides have -- elevate the rhetoric and I really think bipartisanship.
Is a necessity.
Not an ideal.
-- what do you okay.
Doug I agree with you I think that -- but Biden is obviously trying to become -- 46 democratic nominee in trying to piggyback -- -- to do it let's be honest it's not going to happen.
But I do think we need to raise the level of rhetoric we need to show some bipartisanship because we got some real problems facing America right now.
Our quick accurate prognostication here to both of you for Ed -- -- willing make that December 31 deadline for you first.
Stopgap measure agreement on a larger framework for probably gonna have something ticking and -- -- remember were brushing up the debt ceiling -- to be back to the table.
Yet you say yes but with caveats limp over the finish line I agree with forward we're gonna kick the can down the road ultimately.
We should have been more upbeat I wish I could I would check out like -- -- Our guys thanks for coming out of -- -- appreciate your time and if you're fired.
