Also in this playlist...
This transcript is automatically generated
House Republicans have now passed their cup -- balance deficit reduction plan but senate Democrats are still pushing for tax increases as a way to solve the debt.
Crisis congresswoman -- homers as a former nurse who ran for office to fight the government's takeover of health care which -- happened that she's joining us right now from Washington DC.
So where do you think we stand right now in this entire process do you think the house is in the right message.
To the senate.
Oh it is the correct message and it's a strong message and we work very hard in the house.
And we passed on cut -- and balance and now we're waiting for the senate to do the same there will be no tax increases that will be a job killer.
And they individuals who who will lose their jobs will be our middle and lower income individuals.
Are business owners are asking us every day.
Cut taxes cut -- on excessive regulations.
Take away the uncertainty and we -- get hiring again.
Of course the debate is that if you cut spending too much some important government programs may.
He killed and go away it's fitting actually today on the stated.
We end the space shuttle program this is a program that.
We can no longer afford it you had an exchange -- Treasury Secretary Tim Geithner about this let's watch this for a moment have to respond.
We are living with -- unsustainable deficits.
Yes they if we do not address them they will hurt economic growth and investment and -- -- but if.
If as you stated only 3% of small businesses will be affected.
How can that increase in taxation be that significant to turn that.
Around we're not doing it because we want to do were doing because we see no alternative.
Don't touch revenues -- to shrink the overall size of government programs things like education mr.
secretary I would just like to close by saying that on behalf of the business owners.
In North Carolina and across this country you are wrong.
I'm using it to shrink government -- -- wrong.
Now he is actually correct about that.
We do need to cut programs in Washington we have excess of redundant programs that are duplicative and addressing the same issues.
It was a very telling moment because basically what he said was we obviously have to increase taxes on our business owners.
In order for us to can -- continued -- to keep this a large size of government.
That is exactly what is the problem when you when you have that attitude.
That you just don't agree and now is illustrated perfectly -- exchange in the small business hearing that took place on the 22 in June.
Well thank you so much for joining us our -- -- nail homers in this is going to be the debate that's happening we will get a vote in the senate on the program house passed on Saturday.
Thanks thank you -- -- Are.
Filter by section