Also in this playlist...
This transcript is automatically generated
Former house Republican leader Dick army says -- nothing.
This is just the start before long we will all be paying through the nose in my head off to -- he beat forecasts -- both were pretty much any -- my -- Com well we've moved down well well well -- below that 20250.
I think they realized that it takes a lot more than enough the rich to pay for all this and even that that doesn't pay for all this so what now.
Well first thing you realize -- if you listen to the president's speech the other day -- as I did.
This is a classic example as we saw on Obama care of the deceptive government practice hide big taxes in the bill don't talk about them wrap it up -- -- and rhetoric remember.
The politics agreed is always wrapped in a language a lob and then that this president correctly.
Bats that the orthodox press well by -- into it do you get away with it.
Quite frankly is not it's not that surprising to me.
What this president wants the one thing I think he wants more van.
Government control of income distribution.
Is universal government control big government that's his devotion that's the dream from his father that he will should make.
Anyone who is capable of paying.
-- BN in order to get that expansion in government he talks about I've already met the Republicans -- -- where do you.
Find the cut in a 6%.
Expansion in the size of the budget it next year alone I just.
The odds are against it in in this respect that you know you and I've gotten -- before that you know you basic math we'll tell you that.
Just sitting up the -- even if your attacks all -- -- these money.
Wouldn't be able to pay for all of us and even all these latest taxes aren't going to be enough to do due to compensate for all of us which is -- the president doesn't even attempt to balance this thing out in ten years that -- hundreds fears that a little boy -- a -- it.
That this is the new reality of what what this Jersey that they could go on like the time viewer on the hill.
Is that now.
We find all these creative ways to raise money.
Not a single creative way to cut.
Spending and and and yeah it gets more creative every day and that -- a great.
-- IA -- -- me I came to Washington in 1985.
One of the first conversations I had in Washington.
Where is -- pat Monahan telling me how much we could help in the process.
Of trying -- straighten out -- Social Security problems.
By correcting and they are cost of living adjustment that's not a new idea that is what I -- only responsible idea in the president's budget.
Amendment doesn't grace commission recommendations are everybody is of the Reagan administration look I give my -- head to Atlanta the president at least in trying to address that you daddy that's not herculean but at least it's something.
But I do see is a responsibility.
Laps I'm sure that it'll kill your better -- from Africa and wait a little -- -- that they may or may have been.
Now -- is now what grade did that's the bulls he offers is that slight adjustment that then what.
That itty bitty thing.
And he gets attacked from both Republicans and Democrats now we expect the Democrats.
Dared to -- attack -- but shame on the Republicans.
I mean it's not a big adjustment is a correct -- actually.
Correct adjustment there's not a financing here are economists who live in a world Milton Friedman of the sort of course that's the correct.
Or -- living adjustment to make.
More in the hands and on for years tried to sell to everybody in that style.
It's not that big a deal what do what you saw with the Republicans is bless -- heart.
They had to jump on the demagoguery ban -- Had just forget anything about policy let's we owe the Democrats gave us a chance to demagogue with some success so let's rabbits or shame on them.
Well no I agree have you on that and that I do think -- -- that you don't commend the president void is not Social Security I mean it's something.
But what really struck me about the media's of the -- -- on right away tickets out.
They bought hook line and sinker this idea that these are our our.
Budget numbers that so far more spending cuts and tax hikes -- you and I know that's not the case.
And that -- the so cold.
600 billion in new taxes they're quoting is actually more like one point one trillion and that's just standing up all of these various fees and -- -- And then closing loopholes -- that that's the number I came up with so.
That's just just doing my due diligence and and running through the numbers and no one in the media by other.
-- -- it's amazing to me there.
The idea of due diligence in the conventional media today.
Here's to read the white house press releases.
Its may feel like I'm while I've done my research now so let's put them -- on exactly as they gave it to -- that.
And you know again I'm resale rights over the last time I -- -- the single most failed institution from our democracy today.
Is is the perhaps it has a responsibility.
To be the rigorous under -- check on him.
In these contest you know my ideas and the press has sold out.
Hook line and sinker to -- -- Barack Obama mean they've just gone over head over heels for the guy.
Well it's very obvious certainly in the coverage of this something that's a -- I think it's great see you again the former house.
Majority leader when our leaders were doing something on good seeing you again.
-- -- -- --
Filter by section