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Americans for Tax Reform President Grover Norquist on why reining in government spending is key to ending the mounting debt crisis.
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A magical -- about going to avoid a debt crisis using the fourteenth amendment.
-- -- -- -- -- is anything to get around.
A debt ceiling crisis then maybe well tackling this spending -- -- on the crisis to grow over.
Says the times very games is over it's all about spending.
Stop the spending -- stop the crisis Grover Norquist right now they don't do that broke I can understand why Americans.
You know think more dimly of -- of congress and they do -- loss depends.
Well we have an opportunity -- because if nothing happens media.
The house of the senate don't pass legislation the president sign it we have an automatic would point two trillion dollars in spending restructured.
That spending restraint.
Starting he had.
To months and it -- things they cut off though -- sequestration cuts they've put off for 22 months.
Right -- which was very good because his luggage that was wrapped up but it.
Basket with the tax issue it was going to be that stop.
Very important what.
Republican leader of the senate Mitch McConnell that separated out.
Give us two months.
We come back the Republicans in the house to pass an alternative.
Say it's just as much money but does it somewhat differently so if the Democrats wanna say we don't like the specifics.
Of how the -- Questar is.
Organized.
Find we have an alternative if you'd like to pass something in the seventh that would be tied to.
My guess is that Democrats in this that it will be unable to pass any budget cut of the same size as the sequester.
And -- what we'll get.
Is the sequester.
Our but all that real around the same time to the debt ceiling impasse and that's where they think of that as Democrats they have the the Republicans in the corner.
That there were no way to Republicans -- government shut down on this so.
They the Republicans could risk grabbing defeat from the jaws of what would appear to be victory.
That as you remember it was midway through 2011.
A year and a half ago.
That the president -- states.
Said that he was gonna drive us off.
The edge of the world we're gonna default.
I have -- Republicans agreed to a tax increase she was -- strike the economy.
-- debt default that everything.
And of course at the end of the day the president.
Conceded.
Yeah believe that a committee had been reelected he's got the wind that is -- he feels he's got Republicans number.
And the beat there he's been playing this game a lot more shrewdly and a lot more cleverly -- and Republicans an idea assumes they lost their backbone.
How.
Canada and Illinois you're you're comparing.
The fiscal -- Where the president had all the power because of nothing -- that you got a 500 billion dollar tax increase.
Now on what or how I'm not I'm comparing in 2011.
And the way he -- that -- -- prior to that the way he played an and an extended all the bush rates because.
He was concerned at his own tail between his legs he's been reelected he feels emboldened feels cocky and who -- blame on the way to Republicans might not feel like Nostradamus.
Your position as it now that his job is secure he doesn't care about the rest of ours.
That's true yes but he is raising taxes on doubt small businesses and high income -- we've -- the economy.
I think Republicans it's Eric you -- you got your way no more but doubt a -- seem to say we're gonna we're gonna get you Republicans have put two and another -- are.
Because if you -- pop that -- we're gonna blame you for the government potentially shutting down.
To -- the sequester which is an automatic one point two trillion dollar.
Cut the budget is not a -- -- -- -- is over genuine advantage of yet another lady out.
Close to the old debt ceiling thing and Democrats I think -- to be wrong and a little too jaded here Grover I think just timing both.
To be around the same time.
Well breast about they -- however.
Remember Geithner announced that everything -- that that the first.
Debt ceiling deadline was January 31 which was a lie.
And just put -- Tryon.
Mesh that with the fiscal clap for the Republicans said -- separate issue.
It's also a separate issue from.
That's sequester and let the Republicans it's sad and what they held the president to a year and a half ago the president lost Republicans won.
On the question.
If we're going to raise the debt ceiling because Obama -- overspending.
You have to cut spending dollar for dollar by the same amount.
Nader has reiterated that that's a must -- -- And so it's Mitch McConnell and the president I'd states can stand up third -- I lied Q what I said I wanted to reduce spending I lied Q and I said I was gonna.
Offer government reforms but if he does that I think he's -- a very weak position the Democrats are kidding themselves if they think the American people want to continue the overspending.
And the debt that Obama is now running -- but -- after the debt ceiling.
Which by the way we can give the president -- -- the debt ceiling increase or six months or a year.
It there's it's it's elastic.
That you have the continuing resolutions.
Because the Democrats in the senate have not passed a budget or written a budget in more than three years -- we have something called the CR -- continued resolution.
Of that growth and that in nearest genius but you lost me about ten minutes ago I'm kidding -- are your points are very good -- thank you grow.
Wanna get you back because there and amassed -- -- -- -- Grover Norquist.
And Washington.
