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CivicForumPAC Chairman Ford O’Connell and TownHall.com News Editor Katie Pavlich on the need to address the government’s rising debt.
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Already -- to Ford O'Connell and bidding battle -- by the -- -- did love the disconnection could in fact.
Begun Katie what he did.
I think it's a good thing -- John Boehner is playing a little bit of hard to -- on this Valentine's Day he's taking a step back and saying look the Democrats some -- I can negotiate with President Obama.
And everything from now on and then they can -- it over the house we'll take a look at but I'm done being the guy who gets blamed for everything when the Democrats are in the majority.
So I think that's a very good approach -- -- for two reasons the first is that it gives Democrats a responsibility for not having a budget and doing other things but -- also gives a Republican Party unity.
But just something we haven't seen in the past couple years with some big.
These sequestration cuts that that that was a a nightmare scenario.
-- Republicans as well as Democrats and Republicans -- -- more so because of all the defense cuts included.
But now they seem to bid saying well we'd rather that held an alum.
Higher taxes to sit too well -- -- what do you make of this.
Why I think dated John Boehner supplying -- -- -- Barack Obama is playing hard to want and I agree with Katie I think that the best think the Republicans to do it does sit back.
And wait for the president to negotiate with the senate but at the end of the day.
This sequester is not a bad thing I think it's actually a good thing.
Because were really talking about taking 85 billion.
At a 3.2 trillion and the federal spending this year how that it's nothing and then signed to a federal government guess what.
You just gotta cut to the three pennies out of every dollar you spend the next ten years if anything it's gonna make the government more efficient.
And the fact that the president doesn't want -- negotiate -- John Boehner may actually bring some fiscal sanity in this country.
-- do you make a lot of sense that we should explain -- 500 million you're talking about is really just.
-- the upfront costs this is ago when -- the one point three dream it's over ten years and like to say guys.
Over the scheme it is ten years where is still going to have a much higher overall debt no matter what they do in the meantime so.
I look at these so -- cuts and realize one thing is -- might indicate -- really cuts ought to growth.
Of all of these programs including defense including a lot of reasons armaments right.
What yeah and that and the fact is that higher taxes so so say the Republicans decided to give Democrats a tax like to offset sequestration.
Higher taxes are not sustainable.
We cannot contain to raise taxes and expect these things to get paid for the fact is that President Obama in -- state of the union made it very clear that the entitlement programs are not going to be reformed the next four years so.
Sequestration is -- not -- see the pain first of all and maybe that'll get Harry Reid.
-- this -- to pass a budget.
I don't know about that I'll tell you why guys here's always I think.
Democrats are are are all looking at an entirely different universe and I first got a sense of it a couple of nights ago on the president's -- -- -- address.
One rather than address the dead even more or less that -- one and done with the -- this four trillion dollar package -- close to over the next ten years which is not close to win the math doesn't add up.
Is it that's it.
Furthermore compounding this would still hundreds of billions of dollars more than more spending its board he says.
Will not data Don that the deficit would begs the issue what got -- none of them are using and is is he saying that because he's -- paid for with still more tax hikes would even.
Well I think -- -- he's using would make Enron accountants proud it's unbelievable anything he does is going to add -- the debt.
Just servicing the debt itself alone is 227.
Billion dollars a year.
He's pulling himself and approximately forty why -- -- go ahead and propose that we credit crunch some numbers here -- does -- want to raise tax it is hundreds of billions of dollars worth of new spending.
And he obviously at that is not a dumb politician meters true -- that they can Harry Reid and others have figured.
If we don't talk about the spending problem we don't have -- spending.
Well.
That's exactly right he really thinks -- basically we can raise taxes to cover what we're what we're missing with the deficit.
And that's not true alarming this year alone we're gonna want an 800 billion dollar deficit if we took everyone in this country who made one million dollars.
And tax and -- 100%.
We're not even gonna reached at 800 billion so basically all the president wants to do is to continue spending and he's gonna raise taxes and make that happen because he thinks the air.
And the nurture of the of the public sector is the way forward for prosperity -- and what he's really doing is ignoring the private sector and as a result.
The growth -- going to be one point 4%.
You know what -- -- -- though at JD maybe you know we would does John -- more let's say I'm -- domino let these cuts come resulting in so many words -- hello -- -- -- done negotiating with this guy done.
Being you know -- on the -- to paraphrase when he was -- some reporters.
He's tired of that he's he's not gonna play the game -- it means that he's -- to take some need for sequestration cuts -- cuts period.
He's going to take eight I'm not my own reaction that as I wish you were of that mindset.
About eight weeks ago but -- that's it does now I argue better late than them.
Right it's -- -- finally realize this but the fact is that Republicans have puck past budget after budget plan after plan to reform entitlements and are not getting the credit.
For the plan that they have passed while the Democrats somehow have pinned the blame -- -- act not problems.
On the Republicans -- John might Boehner is taking a step back and saying look we're not getting credit for the work we're doing.
Why we continue to put all -- hard work into these these hard economic plans -- presenting its time for the Democrats and the White House present to us.
What they want and the -- minority will then take a look at it when they're done doing all the heavy lifting.
You know one will worry me more -- maybe you could car by this I think if they do something that pushes these sequestration cuts.
Down the road again.
However they cobble together a deal do -- that.
On I think the -- -- and the impact on our credit rating would actually be worse.
I actually agree -- you become I think what the president will try to do is to raise taxes are not actually address the deficit problem and it's such.
You're gonna create so much uncertainty -- you're gonna bring down the value of the dollar I I I totally agree with the -- -- is guaranteed unleaded regular delighted that totally scares you yeah.
Ayers apparently.
-- it's I don't -- -- -- all right guys I want to thank you both very very much and again.
All of this hits the -- two weeks from.
Tomorrow.
Me.
