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Ongoing fiscal cliff talks in bringing congressman -- and number Republican from the -- state of Texas joining us on the phone this morning congressman.
Good to talk to you where are you in terms what are you willing to wait alongside its -- -- -- -- Where we are is in the in this state -- -- -- would ban -- -- limit stipulate yesterday that the -- The truth it -- They keep bringing up these -- -- -- expression like fiscal clear.
And then Dick Clark you just -- saying America where we are worse off our 2011.
-- -- or some -- -- telephony.
Is our -- each security administration's failure -- August 2.
And what didn't get them everything they want all going to be -- -- knit cap economic Horton didn't they don't -- horrible and whatever but.
Like got what they got everything they wanted to be we -- this -- -- debt ceiling bill.
So -- -- -- -- everybody talking about the same matter -- you -- -- looked out.
What what what in the I'll take you back like -- sit through August but I 2011.
Because what happens -- was it didn't appreciate it guys don't cut four trillion in spending Colbert king ears can't be Dell incorporated.
That was the fiscal -- that was the one we win over.
We could be judged -- and they don't here we are back again -- -- just tell you guys nobody's started about it is.
What happens if we get to January 1 it would not lowered.
The kept BS saying actual rates.
Well you'll have game which second and January started -- guaranteeing -- Then at some point next year we will lower -- -- actual -- people below what most Americans.
That's gonna happen and twenty -- Jane will not be a disaster for most important of OG there's fiscal -- the fiscal clips.
Well not because they get bail -- well.
Audio college credit sounds like that you don't think that there is urgency to get this deal done.
By decided that the 31.
Is that right -- well actually.
There's urgency to get it.
A deal done an absolutely.
But not the one their docket of back to the press that aren't limited power on the debt ceiling -- spelled out what base of fiscal clear.
If we dip that it would be another downgrading because -- be worse than what we did and are used to corneal.
The congressman if a deal doesn't get inked.
On deal on handling the automatic tax increases because the bush tax cuts across the board will expire -- people will have.
Let we're assuming that withholding changes people who have less money in their paychecks people already concerned about the payroll tax going away.
How will that not be a shock to the system.
Well it it.
It will be a shock to this system because of all the street here.
It's been put out their.
But you know it's been the first of January it's the end of January we -- -- -- and so once the president.
-- black males.
Congress can be given in whatever he can get out of the congress for more spending more debt ceiling authority.
They're going to be -- now -- -- state pupil it's not been have been nearly as big as it has -- we're talking about.
If this is just -- They're directed to try to get more spending authority instead of being serious -- a little -- the mandate out on the board temper tantrum in -- historic don't get paid what I want.
Well been tampered can't open it's bad but it does make -- -- well aren't we indicated -- -- Aren't some of your bread the -- fellow Republicans in congress starting to give a little bit in terms of a willingness.
Behind the scenes to let tax rates go up on welfare -- -- and is that gaining momentum.
Because again that's where your compromise would.
I suppose -- Well yeah updated its sound like they're maybe eight.
And that could that's what the president wants an -- threatened to know achieved this its fiscal cookbook would went over the fiscal cliff.
Now we're just bump -- down from -- -- that this might take yourself a little late people -- a little lower.
But at some point we've got to get realistic we got to start climbing out of this old.
People we hit the bottom of the abyss and the bottom -- baby when we don't.
Cut spending and let that -- -- the America.
People have more liberal money to -- it is not going to be good if we do have this -- let the can actually go up or nobody for a whole year the data -- Come -- that might be the first of January may be that very first of January.
There's there's -- fear tactic trying to be.
They -- congress do -- and actually get a lot like what what happened when.
The Bush Administration wanted to our billion dollar stick dipped to chicken little also you know we're critical of -- blip they have been and are at this.
Demand similar billion dollars that -- -- huge mistake -- and if we give in -- this this will be able.
Yeah now live now a lot of Republicans regrets on and off on that bank bail out.
After the fact congressman great talking this morning and congressman -- dollar from the funds -- -- Q thank you -- of texts are -- little.
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