You're watching...
Cato Economist Daniel Mitchell, Independent Women’s Forum Exec. Director Sabrina Schaeffer and FBN’s Rich Edson on efforts to compromise ahead of ...
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
Are saying they want.
You know it's a -- -- -- worries me and it's not a left or right thing it's just agreement on monitoring because I see much -- -- emphasis right now.
On Republicans out -- -- make concessions on revenues which they appear to be doing.
In lock step and repudiation of Grover Norquist and others.
So in accepting that I guess is -- given.
But.
As far as corresponding cuts the Democrats are offering.
Just today the White House it was all but saying it -- securities off the table don't even look at it right outside British it would the new year.
You know this goes and it worries me dead in order to make a deal they've surrendered everything.
Bright no I think he should be worried I mean the reality is it takes to detained -- or you know.
-- to send -- over the fiscal cliff but the only party that we're talking about right now is the GOP.
And they aren't -- doing that.
But why today I mean I know it was a close election not -- orally but.
Right it's not as if -- word just wiped off the face of -- Today -- -- what are they doing.
Well I think that -- that there's a couple of things Jerry and Dan and I were talking before the show that there are going to if if they go ahead and go along with this -- they're setting the tone and they're really putting themselves at risk for the mid term elections which obviously they can't afford to lose at this point politically.
But I think they they know that if they want long term tax solution that they want simplification of the tax say that they do once it.
Be able to talk about entitlement reform.
They have to -- they have to concede -- debt.
And I think one of the things that could help both sides is if we had a whole lot more transparency in this whole conversation that it's not simply the Republicans were being a strong -- -- We you know Dan I you're closer to this -- that I'll ever be but I got -- say.
Between this concession of -- -- of Republicans to entertain what could be.
More substantial revenue hikes and even day initially envisioned to say nothing now of embracing the idea.
-- you know Susan Rice hearing on this holding Ghazi thing on on capital well now all of a sudden she's not a fool away.
This thing weird going on that that.
I see them holding on one issue after another and I don't know.
Whether that's his -- or whether something.
Systemic is going on with Republicans is fully up there to and.
I think the systemic thing is that a lot of Republicans secretly like big government.
The whole purpose of Grover is -- -- not a pledge to Grover to pledged to their voters in their states and districts but the whole purpose for the pledge was.
Precisely because Republicans.
Too often come to Washington saying at -- cesspool.
But after a couple years they decide it's a hot -- And they want to become big spenders and get the approval of the contributions from the interest groups and things like that.
But it's not going to work we have seen with budget summit after budget summit.
What ever you give more revenue to government they wind -- increasing spending not to mention the fact that there are usually flat for carbon facts and they never get as much revenue -- they think they're going to get so we will dig ourselves deeper into law hole if we wind up.
Letting government get bigger by feeding the beast with more taxes.
Violent all right guys thank you all there -- very much it is.
