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President Obama to meet with congressional Republicans Democrats this week is part of his latest outreach.
Yet cutting budget battle on the agenda as senate Democrats look to pass -- budget for the first time since 2009.
Pleased to be joined now by Fox News digital politics editor Chris -- Walt and back with -- board former Reagan economic policy advisor.
-- you first your thoughts.
On the fact that this is.
Represented congressman -- not one but his sakic -- -- and as you know Democrats haven't even passed a federal budget since 2009.
Well if nobody's going to make them who.
-- day for -- true there's not much political percentage in passing a document that in a divided congress is not going to be law.
The only reason that they're doing this one is that as part of the deal to extend the debt ceiling into this summer.
Republicans said either you pass a budget we keep passing -- -- you pass a budget where you don't get paid.
And there are enough senators who are not multi millionaires that that.
Posed a credible threat and so they're going to have to do it but you can certainly understand why they would want to -- a politically costly undertaking.
I yes the pay freeze thanks reminding us about that Chris and art what do you think of this second budget from Paul Ryan it aims to balance budget.
Now in ten years vs the first attempt which looked to balance the budget in thirty years and critics -- you know perhaps that wasn't conservative enough.
Well I think Paul -- great -- biggest budgets are really serious.
And really well focus and and very good budgeting I mean I was look.
First chief economist at the OMB what it was formed in.
Paul Ryan and I can tell you and assure you re noses numbers inside out backwards and forwards and it's -- good budget now though bullet passed no.
But will it set the table for what the Republicans want to do after the election of 2014.
I think so I mean.
This is the type of challenge that sort of the glove on the ground and that's being thrown to the Democrats and see if you can metric budget like us now think they can come close.
So Patty Murray -- team will obviously submit their version of the budget Chris right.
But I think that art makes a fantastic point -- what 2000 -- going to be here before we know it and Republicans really -- but the -- in the sand if you will.
Will this budget and the point that he makes specifically also to defund Obama care.
Do just that really keep them -- identity and a platform that's firm and agreeable -- the majority of Americans.
Well this is a game -- -- game riddled with and a rip -- here's the deal for the Republicans in the currently the fight is over.
The next six months of the federal the final six months of the federal fiscal year and then the year beyond that so if you think about it and -- rough terms.
Federal government's gonna have to bar about a trillion and a half dollars so what Republicans going to get.
In exchange for allowing that new bargain that new borrowing that's the whole fight between now and that.
Conservatives in the house said let's make.
Let's make the debt ceiling increase if you will contingent on.
We're not gonna shut down the government over obamacare but we will make -- the centerpiece Colorado making the centerpiece.
Of his budget and then that something you can take home and run on.
When you go back to run for re election.
And our Paul Ryan is really sticking by -- plants defund Obama -- even to the chagrin of some other Republicans right and just bought already have.
Why don't that we should move on I don't think -- the right I mean I think Paul runs completely correct them obamacare you can't have things given to way below cost.
And not expect people -- over use them.
-- I mean it's like putting the -- mortgage sport where he read all I want for free -- way overeat on gold right for the caviar until -- throw up I mean.
You know this does look very bad plan.
And old and Paul Ryan's correct from the Republicans should run on deep funding obamacare.
And they should not allow tax rates to go up on the rich are -- what we did a low rate flat tax spending restraint -- money.
Free trade and minimal regulations that that's -- couldn't get out of the way -- look the private sector handle it.
You both agree this bill.
This budget rather will be dead on arrival cracked Christmas it's your turn to convert your -- -- -- is -- you're gonna get to decide how -- -- sort of morph into something that's going to be agreeable for some sort of 2014 spending plan.
Well it won't -- but it will be it's an opening bid it's an opening gambit when the president's doing right now is he'd like to get to mid terms he'd like to get to mid terms he sees.
Losing battles ahead.
On spending debt and deficit so he's -- -- in not a grand bargain but a larger bargain with Republicans to allow that trillion and a half dollars in new borrowing that he's going to need.
To get to the next election so he's looking for basically it to declare a truce with Republicans this is just this is Ryan's opening gambit in this basically I say.
Don't think you hear -- program to another super committee and this taking it can't help with content that they'll -- ago it's just.
So frustrating dysfunction coming out of DC these days -- in Europe does not -- at all no -- great thing.
Yeah the great cover -- and very lively thank you so much art Laffer Chris are you under and I had a good.
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