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Americans for Tax Reform President Grover Norquist on the need to rein in government spending.
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Spending problem -- spending problem.
Nancy Pelosi is latest claims on Washington's spending is sending the White House into damage control mode and -- Republicans reeling.
One day before the president's State of the Union Address with more -- Norquist Americans for Tax Reform president always great to have you here -- good to -- again.
Our books about Pelosi for -- -- actually looked and listened to Poland's that you're cius.
The fact is we had plenty of spending cuts.
One point six trillion dollars in the budget control act.
What we need to growth.
It is almost a false argument to say we have a spending problem bigger budget deficit problem that we have to address.
No spending problem but what is she thinking.
Well which she likes the level of high spending she doesn't think an additional trillion in spending as a problem.
The problem in her view is that the peasants aren't sending enough money in the Washington DC so she -- let me yeah.
The hippocampus she's right she doesn't think it's a problem those of us who pay taxes.
Think it's -- problem.
Eight -- -- about closing loopholes particularly on oil companies this and this is Joseph Greene.
And that has emerged that somehow oil companies are in a -- this country going forward what do you make of it.
Of course what they're actually talking that is getting -- of expensing like all other companies have.
Targeting a particular industry it's not some special deal that oil companies happen.
The other challenges even if you get -- of real existing deductions and credits.
That perhaps should be there -- shouldn't be there -- get rid of those -- them and spend the money.
They -- never get to do tax reform what we need is those deductions and credits to be scaled back while rates come down -- -- revenue neutral.
Could double down on some of his talk about.
Raising taxes you expect to hear that in the state of the union.
I think he will because that's always talks about he spent five years and always in the White House Wally does -- talk about raising.
Taxes he.
Never reduces spending he's got no real proposals or votes to reduce entitlements.
Or reform entitlements.
I think when he went to grade school they -- addition any wasn't there on the day that they did subtraction.
So he just doesn't -- some -- Expect that hasn't -- aren't well we're have a little fun with us -- I thank.
The president's talking about the that it pending change the town the tax -- and moved to a different topic jobs in the economy and -- never heard of that.
The take a look at these headlines over time.
Up from USA today Obama puts renewed focus on job creation that was back in 2009.
A lot of -- pivot to job creation January 20 2010 in San Francisco chronicle.
Political opens September 8 2011 President Obama -- to jobs and there's a GOP to follow they would never thinking that.
And Reuters February 24 2012 Obama to recast agenda to focus on what Johnson the deficit.
Washington Post.
February 10 22013.
Obama the pivot back to the economy what's going on here.
The president came in -- spent almost a trillion dollars -- stimulus spending.
He thought that would create jobs that somehow if you take a dollar from one person and give it to somebody else -- -- two dollars an economy that's.
That was the thinking that government.
Borrowing money -- money and spending it would make us richer.
But it doesn't work of course we never had recovery summer.
And ever since that the president keeps talk about going back -- Jobs and by what he means is going back to additional stimulus.
Spending it -- -- I played in that into Obama's -- it would be a -- federal spending which take a look at this chart unemployment rate under President Obama top obviously.
Higher than when he came into office would have no traction at all despite the jobs council that didn't work despite Ellis stimulus spending that didn't work.
What's it gonna take at this point is -- only a matter of confidence or is something else going on here.
Well all of the regulations that Obama and his administration spent four years drafting.
The ones that when they looked at them said you know be better if we didn't show these to the American people -- after the election.
We have four years of those.
Unpleasant expensive job killing regulations coming out.
Any regulation that made sense that you look at so I'm glad somebody finally did that that happened last year okay.
This stuff that they said if the American people -- they've hated and realize it was a job killing regulations.
That's what I'm -- over the next four years -- -- a -- coming Obama care the environment -- -- some parts of obamacare are yet to comment.
The goodies they get up front exit stuff it's gonna make you wait longer and -- to get health -- make who wait longer lines.
Kid to go to -- doctor ordered emergency room and all of our.
Rates are insurance rates are going to go up you mark.
Isn't that weird that you want you know I don't get a doctor at all from -- women today.
Barbara thanks for coming -- it's great to see you actually -- set thank you so much good into the.
