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Gov. Gary Herbert (R-UT) on his meeting with President Obama yesterday on the fiscal cliff.
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Governors to talk about the fiscal -- implant some.
Their states earlier today Republican governor Gary Hubbard of Utah was in that meeting.
And he joins us now governor thank you so much for joining us in the -- Why I wanna know what immediately what was the president's message to -- -- -- -- is.
Well he said he wanted to work with us -- states and again we appreciate the fact that we were invited.
States and governors have been kind of ignored in the past in fact states have been kind of an after thought and many of the policy discussions here in Washington.
And we have something to say we can help them make better policy and he invited that dialogue of that discussion and promised would have further opportunity to meet with him.
And I saw that statement the states say they are willing to -- what exact exactly can you do for this process to get it moving along.
Well one of the things we understand that the federal government spending too much money.
They're and their borrowing forty sensible have every dollar that they -- we can help them by taking less as states.
Always ask in return -- we'll take last but take away the strings give us more flexibility.
And if we can do that we can do more with last helped the federal government balance -- budget while we're providing.
The desired services to to our customers but the bottom -- -- obviously it comes down -- Democrats want to raise taxes on the richest.
Americans while Republicans say you know what we can raise revenue by eliminating deductions.
Which is the best -- Ford in your opinion.
Well -- raising taxes in my view is the last thing you'd want to do.
Clearly as you raise revenue.
You can do it a couple of ways by closing loopholes which is certainly one of the proposals on the table I think people acknowledge that maybe is one that's a compromise point.
Raising tax rates is a little bit of a bone of contention.
But growing the economy.
Really is how you provide additional revenues to pay the bills so that ought to be a part of the equation two.
I think both sides know there's got to be some spending -- And that and also that means entitlements.
We've talked in terms of what we can do with Medicaid reform some things we can do with with -- entitlements where we the states can do more with less and help them with some of their entitlement reform so.
Raising revenue.
And and cutting spending clarity that's that the two issues on the table.
And I'm hopeful.
That that the present executive -- the congress can come together.
I mean is -- some.
Thing going on in private that gives you more help hope right now -- -- something will get done.
Before we go over the cliff I mean -- -- -- you've met with the president I believe -- -- -- be meeting with us speak of Dana.
Later on the soft -- knew what she'll sense right now.
Well I'm anxious to hear what the speaker Boehner -- majority leader Reid have to say to us also -- and see what the congress' side of the issue has been.
But I I believe the pressures will come to be that they've got to find a solution I'm gonna tell -- failure is not an option.
Asked speaking for my own state I think other state your summer if we go over the fiscal cliff.
It's gonna have significant ramifications particular in the economy.
I would -- state this actually happens a healthy growth going on economic you're right now.
And will have surplus money growth by coming and help us balance the budget in this upcoming fiscal year.
Right leg over the fiscal cliff we will lose money will actually have to cut programs that's just not acceptable.
I believe good people can come together and find compromise compromise is not a dirty word.
It ought to -- up and and has governors we ought to help them that I get it to happen.
All right for the best of luck get that message out their governor Gary -- -- yourself are you so much for joining us.
And thank you.
Its behalf last fall I suppose you -- and many investors are looking to gold as a safe haven ahead of course of this fiscal cliff.
It's -- really carefully putting your money while gold bullion.
