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Or -- the day here President Obama introducing sweeping reform to the auto industry.
By creating a single national standard for fuel efficiency no more boutique fuel requirements.
Is this goal attainable and -- the auto makers prepared to tackle these new regulations.
Joining us -- a Fox Business exclusive.
Senator George Voinovich Republican of Ohio welcome to the program senator thanks for being here.
I'm glad to be here well obviously Ohio has a very important stake in this we've got auto parts companies in Ohio auto companies in Ohio.
At and I look at this and I -- call because I worked in Cleveland for many years and followed you very closely.
In the past you've called the the previous cafe standards unattainable.
-- you change your -- today with what's been rolled them.
No I have and I think that we're gonna have a difficult time obtaining them one of the things that I really kind of concerned about is is that the United Auto Workers who came out in support of that today.
We're with me.
-- the if they get in terms of the fact that that we needed to negotiate.
Cafe standards that were realistic and as you know we went to 35 miles.
Up per gallon 20/20 and now they're talking about reducing it by four years to 26 team.
And I think it's an extreme going to be extremely difficult.
-- for -- to meet those standards and I'm really interested in here that UAW's.
Reason why they've changed their mind in terms of these -- cafe standards the only good thing about it is is that.
We'll have one standard if you know the EPA was gonna -- California the right to set their own standards shore and then other states would have got involved and at least now we have a national standard that -- preempt anything that the states do.
And -- my point of view at least we know where -- stance which is good.
Yeah definitely you know although we've been speaking to people all day long for example Christie Todd Whitman a Republican like yourself but she also -- the EPA.
She thinks today's move is very Smart and perhaps I'm wondering.
Whether it's the the UAW the -- workers who who were on board now because they feel maybe it is now.
What what the technology -- the innovation that we've seen over the past two years.
It is now more easily attainable do you see it at that perspective.
Well who knows I think vision as you know the government is a lot barker involved.
In the General Motors and Chrysler than they ever were before their partners and I think they may have the government may have some influence on their.
Their decision making but the fact is that many of us are concerned.
That in order to meet these standards that we may end up seeing more vehicles manufactured.
Overseas that a couple of coming into the United States because of the fact that their platforms.
Are in place and our entire.
In fact we're already hearing of that that's a little disturbing that we're going to be -- General Motors importing into the US foreign made cars particularly from China.
Again we don't get protection mystic do -- but but how do you strike that balance between.
Protecting the auto workers and people here in the United States -- make good quality cars yet keeping the channels of trade open.
Well one of my concerns and I think everyone's concern and I've been on the environment and public works committee for eleven years.
We've done a lousy job of harmonizing our energy our economy our national security.
And and and our energy needs and I think that we need to.
Consider all of those things when we make decisions.
At perhaps again.
We may have the environmental.
What may be good for the US economy.
It was a lot has changed obviously and we have a change in the presidency now on it's a Democrat running the show.
They're been so many complaints by Republicans that there isn't the kind of sort of bridging of of the gap between the two sides of the island you've always been a pusher for bipartisan.
Agreement on things you've got a bill coming out with senator Lieberman you try to get that pushed through.
Tell what the atmosphere is like inside the beltway right now do you feel things are getting accomplished in one way or another although it's not certainly on.
The exact level that you'd like to see it but are things happening or should we just throw our hands up and say nothing's gonna happen we've got gridlock.
No I don't think we have good luck I think one of the things that the Republican Party should be doing and what I try to do during my political career.
I really define things that where we soon be out of relationship in other words we ought to look at what's in the best interest of the United States and try to work.
To achieve that on a bipartisan basis the Republican Party cannot be looked that is the doctor and no party and I think that that we have many of our people that are.
Are very engaged in this health care debate I'm very much involved in them.
Proposal in terms of climate change at Joseph Lieberman and I are working very very diligently to try and get this administration.
Two on a bipartisan basis to to understand that if we don't do something about our entitlements and tax reform.
That we are going to be a very we are in deep trouble right now what -- concerned about.
-- Tyrod national debt our deficit this -- going to be over two trillion dollars.
That's more than all of the deficits we -- since I've been.
In the United States senate our national that's almost double the thirteen trillion dollars every one knows in this country 42000 dollars.
And if we're not careful we're gonna you lose our credibility and our credit I was just up and Canada this last weekend.
And the Canadians are really work -- sent what do you guys gonna start doing something about your entitlements or if you don't.
So we're we're we're really aggressive -- and a triple -- a rating.
And losing our credibility and losing our credit and this is something that the president should be very very -- precedent because he's.
Vulnerable on this issues the polls show that next the jobs in the economy people are worried about the future of our country because -- -- on.
-- unsustainable course in terms of borrowing.
Well and as we finish up about the tax reform of we'd love to get deeper into that we don't have a lot of time here but what's the main thing that needs to change senator.
Well what these changes that we need to simplify it up everybody -- -- to do what's right now.
We spent 240.
Billion dollars a year to pay our taxes hiring people and keeping practically.
We've got 20000 changes that the tax -- of 1988.
And you know stuff that I think.
-- Increasing the marginal low rates.
Dividends now and -- higher capital gains.
Aren't really the best way to deal with things in other words these are the kinds of things that we should be -- and looking at other things where we can reduce.
Art or increase taxes on things that will not impact on our savings and and on our rob.
-- -- a growth of our economy and is tied for us to start looking at some of those things we can't go go keep go on the way we are.
Senator George Voinovich of Ohio it's a pleasure to have you on I remember when you put out the budget as governor you printed it on.
Basic paper you didn't do anything fancy your frugal we like that Washington I hope to see more of the thank you for joining us well thank you very much.
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