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House Republicans getting started on a measure that would extend the debt ceiling for nearly four months and the White House just sent the president.
Would sign it let's get reaction from Republican congressman Joseph Barton.
Texas congressman Barton the president the White House Jay Carney just coming -- at a briefing in saying that he would approve of this.
Do you believe the president is is being artist and his convictions on the debt ceiling extension.
Well it's good news that he's agreed in principle to sign the bill we're gonna -- on hopefully tomorrow.
That gives us through May the eighteenth to come up with a plan to really reform government reform spending reduce spending.
And then pass a permanent debt ceiling increase for the remainder of this year.
We -- to give the president the senate Democrats an opportunity to work with us but house Republicans are absolutely committed.
To addressing the spending issue straight up in the next three months three and a half months -- and night gets the job done.
You -- is clear and and I and I look to your voting record and you did vote no on the fiscal club despite the fact that that -- -- what deal did pass and here we are now at the same time.
Senator junction parties making out on the democratic side saying sure.
Won't look at this but we're also gonna wanna increase taxes I mean that was a flat -- -- from senator Schumer is the senate -- kind of rain on this for -- income.
Well the city -- on every parade every day so that's not.
-- flash there but.
We did I did I've voted against raising taxes on any American.
But the majority in the house and the senate in the presence and its on taxes had to go up by disagreed with that.
I do not think the house Republican leadership is going to be needing -- I know the rank and file is not going to be in any many.
To raise taxes doesn't mean we can raise some revenue with oil and gas royalties sales -- masses sales and thanks like that but in terms of tax increases.
I think every house Republican.
Would vote no -- -- tax increase OK we -- focused on spending reductions.
In and spending reductions and and I know that at that you wouldn't and many of your Republican.
Colleagues and -- -- the house have said that that entitlement programs have to be addressed but if you -- call.
And I'm -- you do back into December senator Harry -- an absolutely.
There is gonna be no discussion of it and cutting any type of atomic program whether it is Social Security or Medicare.
But aren't you going to propose those plans.
Any way and -- work that's yet.
Well two thirds of federal spending is entitlement spending only 13 of federal spending.
Is discretionary this year to year so if you really got to balance the budget in and I think house Republicans are serious about balancing the budget.
You have to do reform of the entitlement programs right doesn't mean that people are -- -- -- have your Social Security checks reduced or anything like that.
But the basic programs can be reformed can be changed so that there's something for not just this generation but future generations.
All right well congressman -- -- -- watching all this play out because it will be affecting Americans across this country many investors -- thank you congressman -- for being here.
And this is the bill HR 325 that should be on the floor sometime tomorrow I can't -- and away we let's say and then we'll see -- props on television congressman thank you -- but they're exhibit.
It's likely that.
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