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Senate Democrats Propose $55B in New Taxes

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    FNC’s Andrea Tantaros and FNC political analyst Juan Williams on efforts to prevent the automatic spending cuts.

  • Duration 7:32
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A series of automatic spending cuts known as the sequester says to it just two weeks from tomorrow.

Senate Democrats releasing an alternative plan today calling for that -- five billion dollars and new taxes on the wealthy of course.

There Republicans -- the plan is dead on arrival.

House speaker Boehner placing blame squarely on the president.

Retractable twice replaces sequester our positions very clear we've outlined -- I've -- the senate to do their work.

The sequester is there because -- president insisted that -- be there.

Where's the president's plan to replace and sequester that he and system power.

Well joining us now cohosts of the five on Fox News Channel -- ten -- and she is the new it girl for fox is that they think it's -- out there Fox's -- violence columnist for the hill Juan Williams who is a fine fellow but he's the it guy.

Are you're the head guy come on.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- For battle I think.

The rate wing of the Republican Party has helped him find the voice particularly after the fiscal cliff.

-- I don't think there was any way that Boehner can take any other position and all -- the Republicans I've talked to have said this is the best we're gonna get with the sequester.

We're not gonna get any cuts without these it's not great but it's a good start it was the president's -- so we're gonna sit back we're gonna let him happy then and they're actually right this is down a lot arrival the -- can do it and the senate can do whatever it wants.

Not gonna go anyway.

You agree one.

I think that it's bad politics -- say that I think is bad for the country.

But it looks to me like you know Lou are somebody's -- -- hole in the person in the whole here's the Republican Party and some reason they keep digging deeper I just think the American people.

We'll react to the sequester with alarm I think they'll see that it you know slows that the defense.

Industry in this country.

Worsens our defense capabilities.

I think they'll see what it does in terms of education first responders health care in the country then why aren't president propose that one.

-- at the time it was propose that was of course not only supported by speaker Boehner Andrea but it was supported by.

Most Republicans on Capitol Hill the Republicans though.

I mean did you would have been possible unless the Republicans had embraced.

So why not just let the cuts take place an in house Republicans have passed two versions of a replacement bill.

The White House has even touch them or looked at them so this isn't a debacle that I would argue Lou that the Democrats created themselves.

All right -- you know Henry is right about part of this -- certainly and that is that the president -- the White House authored.

The sequester it is the only bipartisan piece of work I've seen true bipartisan work both parties agreeing on the sequester.

And the Democrats and the president who the president as you know says it's just not gonna happen he promised the American people that last year.

In -- are moving two weeks through the day.

-- to it happening.

Well there is not the only -- -- -- we just went past the fiscal cliff gender when they got a bipartisan deal there.

To avoid that well we're now where I think you could argue have had President Obama.

His his trusty.

Gun to there had -- Was his politics -- vice playing hardball but I think Republicans have played hardball for a long time.

And -- on this one I think that they are again digging themselves deeper hole because I think.

They're in a posture where the president doesn't want to do this sequestered they say they don't want to do this sequester but.

Guess what they say you know we won't get this this many domestic cuts unless we do it and we're gonna take advantage of it and we're gonna push the president on this unless he comes back the table and gives us a bit far more than ever -- place.

-- real spending cuts.

I want -- senate democratic replacement bill is even worse it -- soldiers hurt farmers it hurts flyover country at -- how do you -- business is a good.

Let me let me turn to senator five Zelaya for one deal I mean if they have 50% cuts and they have 50% new revenue I think most Americans see that -- -- -- wrote in -- and it's also attractive vote with the way you -- he he yeah.

If if we can turn to -- -- senator Feinstein.

Here is the leading Democrat the leading senator.

On intelligence in the United States senate sang.

John Brennan isn't going forward for a week until we get answers on -- Gaza -- -- we understand.

What is happening here.

One would you -- ever expected that that -- to.

To occur in in your party.

Well first of all I don't I am a Democrat but I don't I'm not speaking here is it for as a representative of the party -- -- -- It's that it's not a surprise -- -- down is leaning.

As -- and I think I I am a registered Democrat Lou I had nobody that you're not -- but I'm I'm glad to tell that in the but I thank you really need Daphne want.

Is it really know I know what you guys are.

But if you had -- little -- wanted to make a point -- -- for the audience go right ahead but it but I'm telling you as someone who's here in Washington and and analyzing politics for it.

That -- what surprises me is not the demand especially on Chuck Hagel.

For more information with regard I think especially to what's going on in and in Syria and Iran.

What surprises me is that they are willing to do this at a time when again people are gonna say.

You guys I admit you're gonna end the cloture gonna allow the boat you're gonna approve this guy in a week what is that -- Why why politics and -- what is sure memory you have and I am I know Democrats don't like to bring this up but.

They blocked George HW Bush's nominee for the department of the defense.

Decades ago.

For drinking too much and because he behaved inappropriately with women -- senators are asking is for a little more information.

Immediate action weaker to what's the problem with best we afford an American.

-- After being -- -- what's -- answer those questions we wouldn't you know to have this now.

This this this is this is it rhetoric -- me you guys who was say oh that the fact that you have a war going on in Afghanistan -- that we have Americans that we are more under fire and and -- say we don't need a secretary of defense.

That's I did anybody if you actually.

All right what's the big deal.

I had to -- why -- -- -- -- just wants -- through wrap up here.

What is Leon Panetta's job.

Isn't -- the secretary of defense.

You forget that Leon Panetta has basically retired he struck back today he went home to California.

I don't know I don't know what he's pledged actually the -- is secretary guys have -- look he's gotten what they need now is somebody take control make this happen he was supposed to Lehigh county actually got on the plane.

You can only happened once and maybe the president shouldn't have the Palm Beach and it sounds like heavy lifting the only thing he's going to be heavy lifting or some blue Hawaiian.

And also stop -- in my unit out of there by the way -- your reasoning.

The country didn't have secretary of defense.

Anyone filling that post well.

A Leon Panetta was home on weekends in California it's going to be very we're gonna after -- -- -- doctors payers.

Thanks a lot them appreciate it -- -- -- guys have a -- not much more.