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FBN’s Gerri Willis on the fiscal cliff negotiations and whether selling assets such as Amtrak would help the government balance its budget.
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Throughout the nation right.
Right now as we try to figure out what's happening with the fiscal cliff congressional leaders.
Head to the White House and about thirty minutes for a last ditch effort to avoid all these problems will they be able to get past months of arguments over tax hikes and spending cuts and -- -- new deal.
Gerri Willis from the Willis report is here to discuss all of this did you -- when he was talking about that as that you gotta be -- I just to the thing that caught our attention was when he said that private companies can cart away gold and silver for free right.
When does that happen but I I'd.
It must be true but it's a possibility I can't imagine how or why but let me tell you if you're asking the question.
Can these groups come together in -- -- the fiscal -- I think.
It's it's even betting that anything can happen all we're about 26 minutes away from this session will include the present all congressional -- the leadership.
Harry Reid John Boehner -- last minute invite.
And dad Mitch McConnell now here's what -- considering.
-- we have 500 billion additional taxes that kick in after the first of the year.
And as you know is gonna affect everybody including middle class people 3500 dollars is the average tax -- for American families.
What -- -- consumer confidence it's down and down dramatically right now people are getting a sense of what this is gonna look like -- how it's gonna constrain their lives.
The wealthier you are the war that you pay.
I think a lot of people out there are suddenly in only now getting the sense Saturn of just how much money this is going to be and they don't like it one little bit.
If this is legitimate view the legitimacy to a Williams talked about selling off government assets over the -- -- homeowners do it Chicago did -- they sold off their parking meters not a popular plant in Chicago but.
Should the government even -- it's usually a desperation.
Desperation choice you know he's sought.
I think it was a city of Baltimore and might have sold off their their ballpark -- things they -- this isn't things are as bad as they're gonna get.
And we have to do what we can and usually they're entrenched interests that won't let you sell off an Amtrak.
That kind of thing.
Couldn't happen may be I think right now there's more.
Consideration being given to increasing taxes and that's just the problem because that's not what bails us out you know if you.
If you increase the expenses of small business operators and people in the middle class the people who really float this economy and hire people.
We're not gonna get the result you want you're gonna get at an economy this constrained contracting getting smaller not getting -- And the person who protects the people who help this economy is Gerri Willis very much for being -- you do great I want your show at 6 o'clock.
The Willis report tonight at six and 9 PM eastern time right here on the Fox Business Network.
