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Turning back to the markets the markets have had a two year long bull run but the national debt has ballooned to more than fourteen trillion dollars.
Fiscal conservatives want the cut spending now as the countdown to possible government shut down.
That deadline is Friday and a three week extension to fund the government may come to a vote in the house tomorrow.
Congressman Mike -- however wants to see the cuts go deeper he joins us tonight from Capitol Hill congressman good to have you with us.
Thanks Lou congratulations on the show well thank you very much for that congressman.
You have said that the time to pick a fight maybe now.
It is this that is this the issue this three week extension.
Well look I I think it would it with a a national government with a fourteen trillion dollar debt.
One point 65 trillion dollar deficit.
Republicans came together in an unprecedented open debate and and we passed a resolution that found about 61 billion dollars in savings -- last week.
Democrats in the senate called that reckless irresponsible.
Mean spirited so you know I don't like I.
Why -- I think particular Harry Reid right.
Yeah yeah Harry Reid took to the floor to defend the was -- that cowboy poetry institutes.
Public -- just convince me look good that it's time to pick a fight.
If we're ever going to fundamentally change the fiscal direction of our national government.
I think it's important that this new Republican majority draw a line in the sand save this far and no farther.
And -- and and and in effect.
That the liberals in the senate and the administration.
Sit down at the table and figure out how we put our fiscal house in order -- at least make a down payment.
On that and we do it now.
Before we get to the liberals in the -- in the White House congressman there is the matter of your your colleagues in the Republican Party.
Your Budget Committee doesn't appear that committed.
To that kind of stand our area are have there been new developments I'm -- Well you know what will see -- and -- let me just add it all house Republicans.
Are united in our commitment to change of fiscal direction in that the timing of it here the strategy and the tactics but everyone from speaker John Boehner on down.
Wants to do the hard work put our fiscal house in order I just hold the view that when you run into the kind of recalcitrant.
And frankly tone deaf.
Tone deafness that we heard last week in the US senate.
It just suggests that that look at that sometimes things don't change in Washington DC until they have -- I say we pick a fight on this one.
We're gonna meet in the morning as a Republican caucus and figure out the strategy going forward.
And and I'm gonna continue to to advanced with my colleagues.
That that we ought to dig in we -- dig in now.
Where you have to be heartened by senator rubio is and Richie is basically sit agreeing with you.
That now is the time that there is as he put it.
To proceed with more of what is becoming a rather routine extension.
In the size of the budget and the resultant deficit.
It's it's unconscionable and it seems to me for both parties or all both houses of congress and the White House.
To be in a situation where you're this deep into the fiscal year and still have no budget I mean if there is it's it's crazy.
Delicate the Democrats didn't pass a budget last year they didn't pass most of their appropriations that's why were in the facts that were hand.
Because the last congress they got fired by the American people didn't.
Do their job but but this piecemeal approach.
Which began under the last congress and continues possibly this week.
Is no way to run a railroad and remember here's the context -- our national debt is fourteen trillion dollars.
The 61 billion dollars in budget cuts that we passed in our our first continuing resolution.
You would have to pass that 230.
To equal the national debt this this isn't a down payment on -- fiscal discipline it's earnest money on fiscal discipline.
And I think we ought to dig in and fight and I know the American people -- be on our side if we do.
-- congressman I'm I'm smiling as you said that not because I disagree error I think that which are saying is in -- -- funny I am I am smiling because I am thinking everything you're saying makes perfect sense.
It is rational it is to the point it's responsible it's prudent fiscal policy regular.
Yet we are still having the discussion.
With -- one point 65 trillion dollar deficit.
With fourteen trillion dollar national debt three point seven trillion dollar.
That isn't actually commemorated with a piece of paper that's been signed by.
By anyone in senator of the house -- signed by the president it's it's astonishing.
Congressman is always it's great to talk with you thank you for being with us thank you -- congressman my.
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