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Former Republican Presidential Candidate Rick Santorum on efforts to reduce spending and reach a deal to avoid the fiscal cliff.
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But first could it be enough to make written there as -- Rick Santorum the hard charging former presidential candidate who gave the causes of any Republican.
Do dislodging Mitt Romney as his party's presidential nominee.
-- -- -- all of 28 cents in his campaign war chest anyway.
You find any of this trouble and.
Yeah actually do and it said.
For Republicans.
To go out and concede on the revenue side but it does Washington need more revenue.
We does that mean if you look at the overall percentage of money of revenues that coming into the federal government then -- what's been the average since -- -- -- We're were lower would -- that were below that and so the argument should be yeah -- we need more revenue the question is how -- Republicans.
Historically had a had a we argued.
Four.
Four more revenues and that is growth we need more growth and if we have more growth.
The highest revenues we've had I think in the history of our it will since World War II was 2222%.
Of GDP.
That was in the late ninety's what happened the tech boom.
-- would huge capital gains all sorts of body start ups and -- That's how we got a lot of revenue.
It's not by raising taxes and and that's an argument that we have consistently with principal made and have been correct in making it.
To now say well you know.
President Juan and we have to sort of concede that point.
I'm not saying there can't be tax reform I'm not saying that -- that tax reform can include some changes in some.
BO loopholes or some deductions that are given for things that we don't need to give deductions for to make the text text that simpler.
That may end up in some more revenue.
But that should be an ending point not a starting point doesn't -- unit that it.
Mitt Romney's running mate in the Budget Committee -- Paul -- going along with the -- but his budget I mean diabetes the one that is the -- accident and it.
Box and according.
You know that governing some very very tricky thing and not have been -- -- in in in Washington right now -- always believed the you know what when I was in Washington basic called lame duck sessions you know Turkey season because just about every Turkey you can imagine is gonna try to fly at this point when things are trying to -- fifty billion dollars of the stimulus.
Should that now there should be no -- I mentioned that we're about 60% of GDP right now is revenue compared to.
-- and a half which is where we normal there we're close to 25%.
And the US talk about fiscal stimulus.
-- -- Pumping fiscal stimulus out there was approved her for a -- that when we have a problem Washington we have a president who is addicted to spending.
We have a congress that is addicted to spending.
And we need to have an intervention.
And the intervention has to come from people in Washington who understand the problem.
And they have to say no to all of this unfortunately the one place -- that can happen.
Is the house has not happening you know.
