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So what happens -- the only thing that stands between.
The biggest excitement history is a lame duck session and a better to ask then to folks who will be part of the action Republican Dan Burton from Indiana.
And from Michigan Democrat Bart Stupak and welcome.
Welcome to both of you got business to back out wanna start with giving -- -- -- stood as of today but -- -- this has decided to leave.
47 Democrats alongside all of the Republicans saying that they want to.
Take a boat on this nothing happening what's going on under the speaker of the house.
On nothing's happening because there's division within your own party and we should do there's -- three different factions within her party.
But the bush tax cuts expire.
My capital -- 250000.
Or extend help to get divisions within her own party we don't have -- -- -- world -- -- Let me go to congressman Burton for second let's just assume for the sake of argument that the administration is right that.
Raising taxes would bring in an extra seven even 800.
Billion dollars over ten years some people question whether that so but assuming it's right in whose hands would that money do the most good in the hands of the government.
Or in the hands of the private sector which would either spend or invest.
-- -- first of all according to The Heritage Foundation.
If we let the tax cuts continue.
In other words keep the tax cuts in place.
That it would save about 800000.
Jobs a year conversely if we let the.
Tax cuts expire on the upper income people it would cost about 800000.
Jobs according to Heritage Foundation in addition it would cost about a 111 billion dollars in GDP.
I mean I'm telling you right now this is the wrong medicine at the wrong time when Ronald Reagan was president.
They cut taxes we had a doubling of the revenue coming into the treasury over the next decade.
We had about eight or nine years of economic expansion because of the tax cuts and even John F.
Kennedy -- the same principle when he was president.
That's what we need right now the wrong thing to do was to raise taxes in this economy.
Congressman Stupak I -- -- you're retiring but do you think from the years in office that you have served do you think that once we get through the mid term elections.
We're gonna see a little more bipartisanship depending on especially what the voters had to say the polls.
Unfortunately I don't think so I think what do you have for this election and become even more polarizing -- billion -- polarizing and my eighteen years.
This new server collegial body go -- very partisan body.
Unfortunately I I get along with most members and don't have that problem but I -- think.
After this election to be more closely divided the country as a -- the reflective in the body and I think -- in the war.
And we just want congressman -- you know a lot of people are saying because that acrimony what's gonna happen between the elections and that the inauguration in January.
It -- we're gonna see a lame duck session put through a lot of stuff that perhaps the majority is not too happy with is that gonna happen.
-- -- -- -- -- -- -- -- -- -- -- I don't agree with him on this issue but I think -- lame duck session.
It's going to be very acrimonious the lame duck session and I'm not sure they're gonna get a lot accomplished I think the sandals not an awful lot of those things we probably won't be able to do it in the house.
-- says he may rest assured we're gonna fight any move to raise taxes and let the tax cuts expire.
Because it's a wrong thing to do for the economy right now and if we wanna get the American people working again we've got to do things -- -- -- the economy work properly.
I'll -- -- another look at -- they're gonna give -- a substantive lame duck session we have to do a couple things as a doctor fix on the Medicare.
-- -- a couple of things we have to do that the second idea comprehensive.
Legislative session I've been -- eighteen years we've had one.
Lame duck session and moment anything it's not going to be -- all this talk while lame duck session ran things through.
That's just not gonna happen I hope of march correct.
We certainly don't want to see cap and trade passed and we we certainly have wanna see yet at tax cuts extended if anything.
If we get a lame duck session.
Nice to -- the end you guys smiling at each other in the back in the are not gotten a lot thanks -- congressman's web burn -- for many anti bark.
Go ahead and cardboard.
Want -- book -- bought me a bottle line when times I gotta be nice yeah.
-- that's grounds for for being zawahri arteries cheaper inside the beltway congressman -- that he didn't want to get -- we'll.
Let's talk about the they think about that they've got to get -- -- six live on TV -- heard it here first on parts business guys guys.
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