You're watching...

Is Entitlement Reform a Necessary Part of the Budget?

Details

  • Description

    Rep. Trey Gowdy, (R-SC), and Rep. Jan Schakowsky, (D-Ill.), on government spending and efforts to achieve a budget.

  • Duration 5:25
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

President Obama -- -- many subjects in his inaugural address yesterday including immigration forms equal pay for women.

Gay rights and climate change but there was one big glaring omission he failed to address the nation's current seven point 8% unemployment rate.

Cults that I'm not really sure I can -- that actually big question to speechwriters without one.

But important milestones coming up in the protracted fiscal negotiations including.

Big vote tomorrow the house to temporarily extend the debt ceiling now many Americans are wondering what legislators plan to do about jobs.

But joining us from both sides of the -- Republican congressman -- -- From South Carolina democratic congresswoman and -- -- -- from Illinois.

Congress amount -- to see you first.

There was no mention it jobs it was a very liberal speech.

I guess a lot of people hoping.

President Obama would come to the -- going forward and we didn't really hear that.

And we'll actually I think that president Obama's very -- in the center of where the American people that.

Our in order to.

To -- -- social security and and Medicare and and Medicaid.

To deal with climate change I think it's the the Republican Party if they don't like it it's because.

They're so far out of the out of the center these are very popular positions that he espoused.

You know this sensor.

Representative Kennedy is really pissed about taxes I gotta tell you right now because -- Taxes go went up on the wealthy we're hearing more and more than our taxes are going up on the middle class we don't really talk much about lower income people -- So much for sharing the wealth.

-- coming -- senator at all.

Yes so much for a balanced a broad -- and I'll find it instructive did senator Schumer that he does not -- I -- the last marginal rate increase.

The forty promises to seek more.

For those of us who oppose the fiscal cliff deal it was for that very reason you cannot tax your way out of our current deficit and debt.

How was encouraged to hear.

That senator Schumer had our colleagues in the senate are going to do something that they are very unfamiliar with which is actually pass a budget.

I'll believe -- what I'll say -- but he says they're going to do it and that's important.

Because when you have to put pen to paper -- list your priorities.

It makes six.

Easier to have the debate when you're debating against a phrase like balanced approach.

That's a challenge but when you're -- you get specific numbers that gets a little easier.

Representative she -- let's talk about this budget you know.

House of course flying no budget no -- let you know you wanna talk about the senate the American people we have -- had to create budgets.

Over the last couple years and had no choice but to live by them.

We don't have printing presses it home so.

This notice that we don't have a budget right now little decide and you think we're gonna get one at all.

Us -- -- house passed -- a project the Ryan budget that would decimate.

Many things that the that they middle class actually depends on.

And I also want to say that already signed into law this 2.4.

Trillion dollars.

Worth of spending cuts.

-- the Republicans acted as if that didn't happen and we're starting now from.

From ground zero and the majority the vast majority of Americans say that asking the wealthiest Americans to pay a bit more.

Is exactly what they think is the fairest way to deal with a deficit in.

It's I'm not sure -- -- an agreement that when these wealthy Americans stop buying stuff because more money is being taken away from them.

Congressman daddy you know -- -- hanging out I'm sorry but it's it's the way it works in this country and the other thing is not yet not and it collect that revenue you're looking for because wealthy Americans are Smart enough to figure out -- ways around it.

Congressman -- one of the things that we haven't heard a word about.

Or at least not enough about is the entitlement spending power even address them.

Well you do -- body.

By knocking back against the demagoguery that I just heard with respect to Paul Ryan's budget.

You know Paul Ryan had the courage to take on Social Security reform Medicaid reform.

And Medicare reform -- as my colleague just.

Repeated what are their talking points that it decimated this group the other.

-- balanced in forty years.

-- -- I want your -- are still want that's okay had Paul Ryan's budget.

Balances.

And 440.

Years and yet -- colleagues on the other side of the aisle say that's draconian and mean spirited.

-- is security is easy to fix Medicare is easy to fix but not when you trot out stale talking points like vouchers and destroy Medicare -- you know it.

If you want to have a -- serious conversation about it which everyone concedes privately right we have to do something on entitlement reform yeah.

When somebody has the courage to Paul Ryan and they get demagogued and you show -- of someone pushing a senior citizen hey -- -- -- -- a little less likely to do you now.

For those of us Saddam listening to all -- the word bipartisanship.

Has become a dirty -- down -- DC and I hope.

Thank you all find time -- find it again and work through these things congressman Downey congresswoman.

She -- Thank you.

-- --