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-- all quotes from America fought tax reform is joining us now a -- from -- you vote exactly what the same thing that we've plan be on the table what do you make of this.
Well what it tells you is that the White House has refused to put any serious spending.
Restraint on the table this is not news for the last two years.
The White House is gone in to meetings pretending to be willing to reform entitlements or reduce spending and all they ever wanna talk about his tax increases.
-- this is more of the same from the White House.
It is probably wise for the house to move on its -- -- -- can we conclude that the meeting wish John Boehner just held with house Republicans.
But was he he couldn't sell this balanced over he couldn't sell it.
Under the was revolt by the Republicans.
And that's the result plan B is the result all the -- house Republicans in revolt.
Now what we don't even have a balanced approach from the White House the White House is not.
Decided to participate in these negotiations and a serious way yet plan B.
Is there to try and get the president to agree to -- savings now there are two other opportunities to force savings.
One is the continuing resolution that early in the spring that the budget runs out because the Democrats in the senate don't pass budgets anymore the last three or four years.
They just -- continuing resolutions.
So the house skins can say no more spending that acts.
And they can give the president enough money to spend for two weeks or month or three weeks at a time just as they didn't 2010.
That's where the Republicans have leverage on spending.
The other place they have some leverage on spending which they don't have right now as you see the president's not being serious about spending restraint.
In the fiscal cliff negotiations the other one is the debt ceiling increase that's where we force two and a half trillion spending restraint.
The last time we -- that.
Does of the two.
Tools lovers weapons.
Called jewels that Republicans have that's where the fight on spending will actually be because the president's not participating now.
Okay you oppose any increase in tax rates.
House Republicans will vote this week on raising the tax rate on people making more than a million dollars a year.
Do you think they'll vote for that.
Well I think they'll vote for because the actual vote there is to stop the tax increase.
On many many people this is not the end of fighting to extend all of these tax increases that fight goes on for the next several months.
We could either take some of that tax increase off the table and fight on the rest.
Or it could fight on the whole thing.
I am for the strategy that that saves the largest amount of tax increase and hopefully all of that.
Remember we still have the debt ceiling to go to the president with.
Is many times as we want in the next four years cannot just conclude -- this doesn't sound to me that the Republicans have caved.
Did they haven't cave because first of all.
That that we don't have an agreement with the White House.
They're coming up with a second strategy the goal is always continue all the bush tax cuts and spend less we're dealing with a president who doesn't want to continue the bush tax cuts.
And wants to spend more.
-- there's going to be back and forth.
The Republican heavy artillery doesn't show up and -- the continuing resolutions are necessary.
And the debt ceiling is necessary.
Do not think this is a fight on January 1 this is gonna go on for four years OK thanks very much Andy -- what we always appreciate you being with us thanks very much -- important time quick comment on China.
Don't know what we're over thinks the Republicans have more leverage -- -- -- -- the debt ceiling I don't get it some other words are gonna tell American public.
We're gonna have a temper tantrum in this country will stop paying its bills if the president doesn't do we want them to do.
I thought I think -- more leverage with the so called fiscal -- in the debt -- mostly because I'd be a major mistake.
-- you still value -- Charles go.
No it's just the opposite.
We went through -- two years ago we got a lot of savings through the continuing resolution we got a lot of savings to the debt ceiling.
And it -- the president who was threatening in those cases to close the government down or default.
The Republicans have been very clear about what they want to do.
They got reelected in the house representatives with that plan.
-- the president was invented this mandate that he didn't talk about during the campaign of one at one point six trillion dollars in tax increase.
And another -- -- stimulus package this was not mentioned in the campaign.
He can't argue the American people voted for that all right Grover Norquist good stuff indeed thanks -- much indeed -- very little movement on the markets.
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