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Treasury Secretary Tim Geithner says Republican leaders -- privately told him that they won't mucking around with the debt ceiling.
Well of the White House knows that is all the tough talk on spending cuts from speaker John Boehner just for show.
Here to discuss -- my freedom fighters Fox Business contributor and my colleague Charles Payne.
Democratic strategist Sasha burns and America's Future Foundation chairman.
Camille Foster committed to -- first would you be surprised if John Boehner.
Caved on this and I don't necessarily mean it's a reflection on Boehner it's reflection I think on the quality of political leadership today.
Sure no I wouldn't be surprised.
All on Boehner is is all about compromise and and we saw on the budget deal the -- this -- 38 billion dollar.
Cut package that turned out to be largely papers.
-- originally they said it was worth a hundred -- initially a 100000000000 and 38 billion and then we find that it's it's somewhere in the teens.
I wouldn't be shocked at all to see -- come out of come on a -- -- our dialogue here on the debt ceiling without much for folks that either.
-- Charles the Republicans have a huge numerical majority in the House of Representatives if they can't stick to their guns and something as basic and fundamental and -- tegra two Republican believes.
As the debt ceiling now will the electorate ever trust them with control of one of the houses of congress again.
In the near future.
You know I don't I don't think so I really don't that November elections this -- really should have empowered them you saw the gavel that had good bad right right do you think.
Yeah like ours -- he's -- -- -- -- like emails like they got a glass from the bottom line -- and I think they're really afraid I think their -- They -- back to the Newt Newt Gingrich revolution and how quickly that fizzled.
And then up to George Bush was reelected -- something of a landslide how quickly its popularity fizzled.
I think they're afraid even though they were handed this incredible mandate that terminated to use it.
Sasha what are the Democrats think about this -- sort of like this back and forth between the sound money libertarian.
Republicans in the house and the they government establishment Republicans in the house -- they enjoy.
This banter back and forth no wing.
I hate to say this but I feel in my -- the president will probably get his way anyway and they will vote to let him borrow more money.
Which -- -- to let Republicans snatching defeat from the -- doesn't victory.
They're fighting each other -- have as much time or inclination to fight us.
But where your political hat for a moment and let's say they came to you even though you're not among them would you advise them as Charles taxes Camille -- as I've been.
A yelling about for months now to stick to their guns if they're against spending and borrowing just say -- the president know you have the votes to do it.
Let the political chips fall where they make would you give them such an advice if you wanted them to get re elected.
If I wanted them to get re elected.
It depends because you were talking about the Republican caucus but.
They'll pop -- caucus didn't get a mandate the Tea Party group.
You could argue did but they're very different of what that what the GOP wants with the leadership -- is not necessarily the same as the tape I.
That's very interest and -- this is right up right right up your Alley is there this kind of the divide amongst Republicans.
In Washington RR Scott Garrett was here just a few minutes ago and Ron Paul.
As different from John Boehner as Harry Reid and Dick Durbin are.
In a lot of respects they are in a lot of respects they are these these incumbent policy makers who've been there for a long time these establishment.
Politicians -- interest in keeping their jobs and they don't -- -- be back branded extremists by taking the sorts of the steps that Paul Ryan.
And Rand Paul than Ron Paul are taking and really standing out on these issues.
And I Hispanic Gingrich is this always have a -- topics should should Boehner get more like the hammer.
Like -- like Tom DeLay should -- just be tough and firm and demand things or or or the times different now.
I think you should I think he's been psyched out this those who have compromised.
In daytime I think he should take really a tough tough -- right now all right switching gears in 1973 war powers act.
Enacted by the current.
It was over president Nixon's veto says of the president fails to get congress' authorization sixty days.
After starting military action than the mission must -- within the next thirty days today.
Is the sixtieth day of US military action and let -- And this deadline means the president could be on the verge of breaking the law what do you think -- we gonna get a report from the president after sixty days this is one that -- -- makes the Democrats as well.
Sasha about what he's doing there and when he's gonna come home or to -- and act like this -- does exist.
He only sent a memo to get this war started and and let's not get this confused this is awards -- -- kinetic military action our police action -- -- war.
And the president it's really amazing to see a president who ought to know the constitution probably does -- the constitution.
Completely completely out abdicated his responsibility.
-- to to get a mandate.
Sasha congressman Charles Rangel was on the show an ardent opponent of the war in Libya.
A pro opponent of the of the constitutional prerogatives of the congress to declare war and not the president so I said -- him -- Charlie congressman Rangel why is in the congress doing anything about it.
Aren't the Democrats still anything about it and he says to me we like the president we also like the other things that the president does and everybody hates Qaddafi.
This kind of rational argument to -- in the face of president starting wars on their -- but the president is likable and the target of the war is hateful.
I have well.
I think hidden in the and your intellectual honesty in terms of whether or not I agree.
And what you think of how everything should be constitutional but it doesn't make sense in terms of politically absolutely makes sense in the reason.
That Democrats had get a pass on it because Republicans up here.
Mean you don't you don't hear them calling but what some of them are saying that it should be but as Boehner said we're we're in recess we're not here to vote on.
Charles does Wall Street like war between to think carefully -- declared wars and they just want to sell things to the government.
-- been typically really go -- Wall Street back and you look that would shock and -- began -- march 2003 you start to buy stocks thing you had a nice 45 year rally from there just as war encourage investment.
But an impasse that has because of a patriotic thing we -- buy war bonds and then -- was always a demand for materials metals and things like that.
I'm not sure why it it's worked recently but it has worked even though I don't see the same economic correlations as WW two.
Can you debunk the argument that war is good for prosperity that somehow the idea of blowing things up -- wealthier -- we'll I think for any American that that -- thinking about putting gas in their tanker earning higher wage it should be.
Pretty obvious that building bombs and dropping them on people and northern Africa is certainly not gonna make any of us more well off getting back to my Bailiwick is the congress has much to playing -- as the president.
Because if the congress doesn't do anything about this doesn't put the president's feet to the fire.
This president may do it again and future presidents may look on this period in our history.
As an actual legal precedent empowering them to do some early in the future.
If the congress doesn't put any pressure on the president nor the American people.
Who don't really seem to be all that engaged -- it because in fairness we have other issues to worry about the economy jobs does that -- the argument if -- if their feet it the president has been put to the fire than that -- Why would -- bother.
A fifteen seconds your other congress better watch out their powers are being usurped -- over the rights of states and I don't know why they don't wake up and smell of coffee that's the real issue god god can help Foster Sasha burns Charles -- always a pleasure thank you for joining us guy.
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