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Effect with more on the budget battle in congress let's bring in senator Orrin hatch Republican from -- senator hatch is also the ranking member on the senate.
Committee on finance.
Her -- being here.
Congressman Paul -- and I'm looking for a single or -- double why.
Aren't the Republicans swinging for the fences isn't this the moment to do it.
Well some of us are but on the other hand you know we also know that we've we've got to keep the country going.
Let me tell you I'm not for voting for the -- -- liftoff -- the the president wants 2.2 trillion more dollars bad that they.
Fourteen point three Korea were already in debt which is 90% of the GDP the two quite different approach puts over a 100%.
The GDP as far as national -- is concerned -- when you talk about spending the president some program in ten years we'll have as -- 90% spending.
Out of G-8 GDP and that we can't remain the greatest country in the world and do that but yet there doesn't seem to be any leadership from the White House or from the Democrats in congress.
What do you disagreed then they're kind of framework that's developing bit house republic guns are about putting together.
With the Democrats.
In exchange for raising the debt ceiling.
Now I'd like to see what what it has like to make sure that something that really will work.
Look we don't have a revenue problem our revenues -- usually average 18% to a little down now because of the recession.
And now go to 18% -- you increase taxes or not they won't go much above that but we're spending over 25% the last time we did that at.
Was in 1945 at the height of the Second World War I mean we can't keep doing that and and keep this country the greatest country in the world and and we just simply have to stop.
Well can the Republicans keep punting on the issue of tackling Medicare and Medicaid because it that's exactly what it sounds like.
That at least the house Republicans are doing wait until after 2012.
Well let's understand something you cannot reform.
Entitlement programs of Social Security Medicaid Medicare.
Without presidential leadership and we have zero leadership -- this for the presence that is not gonna tackle those problems and -- that's where most of the money list.
-- out of the defense budget that's where all the money isn't even the defense budget is less than.
And -- -- total amount of money we spend every year at the senators through Medicaid Medicare services and -- -- and that.
Frankly those social programs are eating us alive and and they're not doing the job to -- so.
You know the American people are starting to rightly get very very upset about -- -- -- do you have an all out.
Do you think it's -- that note senator do you think then reforming the tax code is doable before 2012 because that would main.
If you take away tax breaks it would mean that people that many people actually maybe pay some federal income tax.
Well we certainly up to -- you know of their joint task committed just came out this way conservative.
More than half of the people in this country don't pay any income taxes.
And and 23 million of those who don't pay income taxes you have to pay employment employers employment taxes and other -- -- security.
That that they get so much in the way of the credits from the government that that it's even more than they pay in Social Security -- We've got a huge number of people in this society that don't pay anything into the system.
And yet are taken away from the system and there's a method and the Democrats madness that is get enough people hooked on the federal government to think that only the federal government can -- All problems and next thing you know.
You've got the biggest threats that redistribution.
System in the world according to DOC if I was always a big companies.
-- -- one last saying the Justice Department sending the NCAA.
About the bowl championship series the DC yes.
Raising questions about whether it does violate antitrust laws.
Do you think that the Justice Department takes it a step further and really launches an investigation do you think anything changes.
My understanding is that they are gonna go forward and this is the first look.
Of the base -- money goes to the privilege conference's.
That amounts to billions of dollars only about 12% goes from the non privileged conference -- its very unfair.
It's -- to Havana trust laws they know what you saw what happened out of Fiesta Bowl some of these people -- the BCS has their own fiefdom where they can just.
-- all the money out of it that they want to and it's billions of dollars so I think the Justice Department's appropriately.
Looking at this I think they're gonna do something about it we do need to go to a playoff system that really would work like all the other sports that we have.
And frankly by doing that it would be more fair more balanced.
-- -- -- -- -- conference of would be treated more fairly and in the end I think we have a better system but.
Yeah I think the Justice Department is totally responsible and going into this and looking at -- night.
I don't see how they can conclude anything that this violence -- that but that this is by relative of the antitrust laws.
-- we covered a lot thank you for doing that thank you for being here today senator Orrin hatch taking.
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