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Because the next crisis may be at the state and the local level we've been hitting the story hard for you here fox basis in fact.
On this program last week the Vermont governor Jim Douglas told the governors across the nation -- flexibility.
From the federal government on how money -- spent on.
Education and health care and then last night on sixty minutes.
New Jersey's governor Chris Christie the well is run dry now for state projects he says there's no one there to bail now.
We -- -- getting the money.
I don't have it I literally.
Don't have to.
Has gone all over the country yes.
Course it is it's not like you can -- it forever because it's here now.
We all know -- here.
And the federal government is on the money to paper over any -- either from states.
That day of reckoning has arrived to fit and it's gonna -- everywhere they had taught me very little bit depending upon what state you're in for its common.
Dana Perino as a former white house Press Secretary under President Bush Fox News contributor with this now.
From DC how about what you -- -- Governor Christie just last night Dana.
I think that it will be -- appearance last night on sixty minutes reminded all of us why people.
But like Chris Christie -- is refreshingly frank and candid.
And he's telling us not what we want to hear but what we need to hear and he's exactly right I've always said that.
And working in local and state politics is much harder.
Then federal politics because that's where the rubber meets the road and no one knows that better than a new governor -- for the past year has been fighting on multiple fronts.
On spending issues and it's only going to get more difficult here on out.
This could really shake up politics politics though and you know nationwide and on the federal level if this is as that piece on sixty minutes suggested as many experts on the show and suggest.
If this really is the next big financial crisis if it is that the state.
And the local level F and and if it does hit next year mean that could really -- a big story getting in to that heading into the 2012 presidential year.
You know is it -- exactly right and also just think about a couple of things we've been hearing about this for awhile right it's like it you can hear the footsteps behind you.
What Governor Christie said -- that the federal government doesn't have the money anymore to paper it over.
This think back to last August -- just a few months ago one of the things that band speaker Pelosi and then and the dirty leader Harry Reid did right before they left for the August recess.
Was to give more money to the states to help.
What they said prevent teachers from being fired.
Come to find out the school district and spend money to rehire those teachers.
They spend it on their debt so that vicious cycle can't continue but that -- the day of reckoning is going to be.
Quite hard for people to swallow because people become very dependent on good government services that are not going to be available anymore.
And the federal government to governor Christie's point will not be able to prop up the states anymore either in the stimulus money is going way next year and all that.
So with that as a backdrop it's it's actually -- very interesting political story how biggest star in the Republican Party Chris Christie has become.
-- -- he's denied it over and over again do you think this guy can run for president if so -- -- a Republican primary.
I think that eventually depending on his -- track record as a governor but let's given some time to be governor before people jump in.
To running for president I mean I think that.
The issue about experience.
Will be one that people really look to in 2012 because in 2008.
Inexperience one over experience.
That's fine we now we have what we have and the American people spoke in the election 2010 say that they're not exactly what we are hoping for right so from a political perspective things could change in 2012 -- -- -- comment on that slightly off subject but the idea as you mentioned the president.
Really to his own and by his own you know wording got shellacked in the mid term elections but what do you make of what happened.
Even this weekend in the last week or so -- it's a stronger president now that the Republicans are running against legislative victories on taxes and even Don't Ask Don't Tell things like that.
Well and maybe -- on Don't Ask Don't Tell passed by 67 votes that to me that wasn't very that's not a close vote at all right and I think that it's good that the military will take it.
I would be surprised if anybody in the White House actually things that they had -- legislative victories.
Basically President Obama ran for three years saying that he hated the bush tax cuts.
That they were ruining the country and that he was going to do everything in his power to make sure that they were halted.
And what -- he just do had a bill signing ceremony -- -- where he had to invite members from both sides of the aisle to extend the bush tax cuts for two years right.
To me that's not a victory and it's a very bitter pill for them to swallow what is good for them -- that he realized he needed to be for what was going to happen.
I would tell you this O'Connell they should have asked for a three year deal.
Because now they want to refight this in 2012 that's fine -- every fight it and the Democrats will lose -- just.
Cannot write another victory fighting for lower tax -- the Kanye or help me out to Republicans that it helps Republicans in the tea parties and hurts the Democrats thank you Dana good to see it was always stay at NATO led by former white house Press Secretary with us.
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