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Rep. Heulskamp: For Main Street This Wasn’t a Good Deal
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Rep. Tim Heulskamp, (R-Kan.), on why he voted against the fiscal cliff deal.
- Duration 4:42
- Date Jan 2, 2013
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Rep. Tim Heulskamp, (R-Kan.), on why he voted against the fiscal cliff deal.
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Our first guest tonight voted against the fiscal cliff deal or in the house and he says it's just another deal by Washington insiders -- a real solutions.
And he points to a lack of courage and will in Washington.
He also Iran -- opposition against speaker Boehner is plan B proposal after the Republican leadership remove him from my house budget and agriculture committee.
Our committees -- -- he described as petty vindictive politics joining us congressmen -- -- -- Kansas good to have you with us congressman.
-- evening -- to be here you obviously voting against this plan.
This.
I've I've just watched this market rally.
Here in New York -- 300 any points on the Dow.
After.
After a deal in which the national debt will rise by four trillion dollars and early 80% of all Americans are gonna see a tax hike.
What are you guys doing down.
-- -- that the rally is it is.
Looks like on Wall Street felt things were good but for main street this wasn't a good deal.
Again it raises taxes increases spending didn't deal with entitlement reform.
At the -- corporate welfare and there is a bad deal it's the typical Washington deal most Americans are opposed to and certainly at the end today most Republicans oppose this deal.
Well most Republicans indeed a 151.
Of -- -- house voting against the measure speaker Boehner.
Add to.
Had to turn to the Democrats to get about a majority vote.
I mean this is stunning stop it what does it what does it portend for -- speaker Boehner his tenure as speaker I will he be challenged.
Well we'll see in the next couple days the vote scheduled for tomorrow but right if it is hard to tell but again this was the speaker.
Boehner and and the former speaker Pelosi plan that they came together on that it's very close to.
To what actually speaker Pelosi wanted a few months ago.
And by -- I was shocked that that the speaker I would run things across the floor that are overwhelming majority of Republican thing in the -- that.
No we're not going to be about raising taxes but again -- senate Republicans.
They agreed with that I think they walk right in the trap the president -- for Republicans who said we're gonna raise taxes and there were few good things in the area of the death tax on the permanency.
But -- the end of the -- yet it's three strikes -- didn't solve our basic problem and that's why today -- -- Moody's issued another warning we're looking at a downgrade unless we get our fiscal house in order.
Continued debt negative outlook.
By the ratings agency -- No suggestion that it is going to reduce that rating however.
We're going to see I'm sure over the course of the next two months as you all try to come to terms over the issue of the sequestration.
Which right now will impose one point two trillion dollars an automatic spending cuts -- automatic and bless you all find another way to deferred for two months.
What is your judgment as to what.
Will happen.
Well Lou part of this deal was to -- spending yesterday and it did that by delaying these cuts that were agreed to seventeen months ago.
As part of the debt deal on August 2011 Washington said okay -- raise the debt ceiling but we're really gonna get serious about spending -- They went right through that two point one trillion borrowed dollars before heading -- -- And for most Americans look and that's -- that's not serious.
We've got too -- get our act in order in the next debt ceiling and that's the real issue here that's the real fiscal abyss not just these tax increases but don't forget -- well as well yesterday.
We had their first that the bulk of those trillion dollars in new obamacare taxes are kicking in as well.
This is -- double triple whammy on the economy are at main street level and I believe that eventually -- -- Wall Street level as well.
Well as you point out those taxes associated with the -- portability but the Affordable Care Act.
Are there are not looking so affordable the impact.
Is as you suggest.
Deeply concerning.
Our congressman -- -- -- we thank you for being with us come back soon we're going to be following you in the 113.
Congress -- begins here tomorrow.
And there will find it through the speakers going to be and congressman -- stand by should point out one other thing whatever else speaker Boehner did he made he.
He absolutely demonstrated.
The senate majority leader Reid to be a liar.
He sure is and a dictators.
-- -- -- Well for those of us who -- stripped of committees because we stood by principles up.
He he -- -- had dictatorial qualities and in dealing with have been the end of the day I've got to work for 700000 -- not -- mr.
-- mr.
-- the president.
That's one among continue to do.
You 435.
Other folks there and as little -- Thank you very much we appreciate.
Speculative thanks congressman much more --