You're watching...
John Layfield, FNC contributor, on the possibility of Rep. John Boehner losing his position as majority leader over the fiscal cliff stalemate.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
Guys are all -- no matter which way goes the fiscal -- could cost John Boehner has house speaker's job so says fox contributor de LA film.
Needs right now don't you think this is really gonna give him the -- -- Yeah I think it has to look we've had the most to -- -- -- years in congress history the last two years and these guys are complete impasse right now both for being rolled up to about Harry Reid and John -- Both are being -- -- other extreme basis and they just simply can't get along.
Well they're gonna have to give you don't get 100% of anything you do.
In -- negotiation process and you've got to look at these two -- say some somebody have to go I think Boehner Harry Reid probably both need to go.
Well we still need to get to the end of the year we -- know deal or with a deal and -- you know John you you say that the best way to these two sides -- you know cut a deal.
Is that Republicans -- to tax those that make a million more agree to the tax hikes there.
But that -- -- Democrats have got to agree to real spending cuts dot.
They don't want to touch entitlements what -- Well look good entitlements to me is the whole problem you've got to get something and they -- tax millionaires to make a million more I don't know why Republicans just don't give all that that's going to bring about forty billion dollars a year.
Our deficit still one point three trillion but remember we brought in 2.4 trillion dollars last year to our treasury.
We have 2.4 trillion dollars almost exactly in mandatory spending through Medicare Medicaid social security and interest on the debt.
So we can cut defense 100% we could erase the Pentagon no federal in salaries at all.
Cut spending 100% and we still run a deficit we have to deal with entitlements.
What about the tax issue let me know looks at this point like and the president has sent us over and over he's frankly -- all of this.
He's the one saying I will not accept -- taxes.
I will accept tax on the wealthy you've got -- the wealthy got a text does it make -- or 50000.
And above how strong is the president's.
Voice in this John.
I think it's huge because he ran for years on taxing the rich and then paying -- quote fair share.
And so the president feels like he cannot give on this neither do the Democrats.
The Republicans on the other hand have all said no tax increases.
They've got to give something and if you get give a tax on the rich and -- a million dollars or more.
That is not have an effect that many people most these guys know how to get out of this.
Did -- -- semantics here as they've got to get something but the president has painted himself into a quarter results for four years.
He said he's gonna do this he's not gonna accept the deal without this.
Right John late filled -- contributed thank you for the other commentary which just say present John.
Thank you --
