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Balancing the budget in ten years but lots -- sites.
But the senate doesn't go after entitlements the house does on the house largely -- defense alone the senate does not.
So without sounding like the opening of the odd couple.
How can these desperately -- budget -- get together without driving each other crazy.
By seeing where they're common ground isn't so crazy.
You heard me right there is more -- in these polar opposites -- might need PI and the beginning of a possible breakthrough deal that might might.
Break a logjam.
It's true -- -- in my bones to Scott Martin Christian sources are focused on whether well I've got -- in my style.
I guess sharing.
-- look at you and I'm looking at how Republicans have -- the senate plan -- the wrong but I do see.
An attempt on the part of the senate.
-- they do raise taxes and I'm never fan of that.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- simultaneous cut in spending to satisfy both what do you think.
Yeah well I think this is their first offer and I think it's going to have to be the Democrats who -- more compromise more in and -- -- if you -- -- -- crystal ball to see how things are going to play out.
I it's no coincidence that the handful of democratic senators.
Who voted against the senate budget just happen to be up for reelection next year and -- they know that their constituents as well the rest of the country is not gonna go for a one trillion dollar.
I -- in tax hikes are not gonna go for adding seven point three trillion dollars to the debt over the course of a ten year period.
So they know where it the American hearts and minds are and and they're they they're gonna have to go -- -- the fact that.
This is just the first offering out by the senate Democrats.
-- it's it's not anything that anybody considers to be realistic and they're the ones.
-- -- senate Democrats say that about the Republican plan but what I look so look what I try to find out -- look at days.
Is where there might be common ground -- willingness on the part of Paul Ryan's so at least put caps on defense spending -- willingness on the part of Patty Murray in the senate.
To at least put some caps overall on entitlement spending down the road not the got a deficit either side would like.
But -- -- speaking kind of the same language but again I'm talking about.
May be -- vs Italian.
Vs English vs martian but you get my point that did you might be more than meets the.
Yet -- there are few things and the way they treat corporate tax reform but you know those discrete elements are not going to be enough to drive.
All larger coming together to forge but I -- a total budget deal because.
As you outline the the extremes are so far apart it's gonna make that impossible but you are right.
There is room to talk about a few discreet fiscal issues but there's -- to have to be some other mechanism.
To come to agreement on those it's not going to be through the budget process because.
Quite frankly both budgets from the house and the senate are far too toxic for either a Republican or democratic.
You know -- -- when I was -- -- negotiate -- settlement and say the country and the other day with top Republican and democratic leaders -- Vista but it was a pay per view event.
My thrust was this.
If you could both mutually holding -- to jump off the cliff together.
-- it'd be additional cuts in entitlements of Republicans want but you Republicans have to jump -- simultaneously on the notion.
That you're gonna closes loopholes.
And your your -- will say these are tax hikes even though the loopholes that you wanted to close but but the trigger will be able to bolstered -- -- of the same time.
This way no one -- zoom in the other what are they go to.
I think that's fair neon I think we'll all be jumping up with and if we don't do something because it'll be a long hot summer we have to go through this -- again.
Turning now what we're gonna do about the -- -- next debt ceiling so I think that's a real big issue but -- Let's go back to some common ground -- I mean both the house and the senate say hey we want to create jobs we want America had to grow.
But it pretty much stops there doesn't it because look at -- look at the senate dealt -- talks about immediate spending right navigate to create.
Say -- jobs in it and end wages I mean.
That that's this stuff right navigate nearly goes against everything -- is -- trying to see where the government needs to get other way and let the private sector do it's I think.
The morality of it is correct with the ways of getting there are so diverse.
Do you think sir that Republicans fear that after winning -- -- starting at one politically that argument.
Well that they're now almost too cocky.
They're not gonna -- editing because days.
They under they reveal the president for being an alarmist and these cuts that didn't cause nearly the doom and when they said -- he said so they feel they have the upper hand.
-- -- this is a -- parties when they get cocky because they end up losing the next round but it.
Well be right does not mean is that the same is being cocky and I don't think they're being -- -- I think you also have to look at the polls -- -- -- -- as they act.
-- Barack Obama President Obama is now losing his advantage over Republicans on the economy.
So the Democrats know that via their way to its own personal popularity is so.
Cigarette not -- -- tight but they're tied to him and yet when you are reading in the mid term election like they like these senators will be next here are the ones to.
Voted against the democratic budget in the senate because they're afraid of -- -- reelection.
They know where the American people are honest and there they're looking at the president is being a leader of their party and they don't want to stick it to them.
And I think that's a really important thing to watch.
And his his numbers on the economy really don't have anything to do with how the economy is doing it's about his own credibility is no believability is on confidence and that's that's a really significant thing.
To be looking at you know when you're out from election -- in the mid term.
All right obviously -- I'll put you down as of may be on Barack Obama.
So Christian your view is what if it did everybody is focusing that is both parties in the midterm elections -- for me to do -- -- -- -- -- got through this election.
That exactly that neither side wants to hazard doing something that makes it look stupid ignorant.
Well absolutely it's gonna make it really difficult for either party to do anything that can be viewed as a loss for the mid terms that's why.
Folks in the senate who were running for reelection didn't vote for the budget because they don't want ads being used against them this is all about posturing for that.
That that moment in time in there and with that being the political backdrop -- not gonna see any grand bargains I don't believe.
Because neither side is going to be willing.
To go first and as much as I would love to see them be able to go together.
They both have this mutual distrust that says -- go together as long as you -- first.
All right -- Scott for the markets that means one.
Neil I think it means yes it keep going out because the last that seems to get done the more the market likes it so hey look let's just shut down Washington the rest the year -- -- will be a pretty good shape.
All right guys are doing good and we're about to back a little later this show in the meantime.
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