Will House Republicans Agree to Debt Compromise?

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Joining me now what perspective from the Republican leadership in the house.

House majority whip Kevin McCarthy from California congressman thanks for the time that I -- senator McConnell the Republican leader in the senate just said that.

They are very close to a deal -- is feels confident that the debt ceiling will be increased without raising taxes he's saying it's a three trillion dollar deal.

And he's close to recommending an agreement.

Two.

Lawmakers.

In his party and He expects significant percentage of signed on to this plan.

Now you've heard the outlines of this compromise.

Can this get through the house.

But first -- the look at the -- but remember how far we've come three months ago this president laid out that He wanted to debt ceiling with no cuts whatsoever.

A short time ago He just wanted more trillion dollar stimulus now we're talking something -- much different.

As many cuts before you get to raise the idea the no tax increases that this president wanted.

So it's moving in the right direction it looks as though people are talking about and a framework which passed that house and what's so ironic -- -- This chamber in congress with the new Republican majority is the only one the past two bipartisan bills.

Off the floor and looks as though the framework could be there but we'll wait to see -- if a balanced budget amendment vote is a promise of -- vote.

And it's not a requirement tied to the debt ceiling increase is that something that you can push it will that fly.

In the Republican caucus in the house again.

That's one element we have to look at overall we've laid out a clear framework no tax increases.

No increase in the debt limit without the cuts equal to that we wanna see about budget but we wanna see a balance budget think for one moment sixteen years ago.

We came one vote -- -- Imagine what this Sunday -- would be about today it wouldn't be about a debt limit be increased be about what we'd be investing in America we realize you've got to have cuts that day.

You've got to have some spending controls because discretionary spending under this president.

Has gone up 84% in the last three years and we want to make sure the future we're not back here again so we'd like to see announcement.

-- speaker -- passed this bill whatever it ends up being with more Democrats.

Than Republicans.

And still.

Retain his speakership.

Well first let's think about this you're asking if this bill is what the Democrats want -- Democrats want -- tax increases.

And a debt limit improved that that's what the Democrats and -- with no cuts instead of spending trillions we are now cutting true.

Speaker Boehner has been the leader on this changing Washington first and foremost now we're cutting before we are spending.

The president.

To me has been somewhat but you cannot be the leader of the free world and sit on the sidelines and -- and think you're gonna get the job -- We have been out front negotiating.

Talking but we've laid out a clear set of principles that we're gonna bring accountability back we're gonna change the way Washington -- There's been considerable grumbling among house Republicans about speaker -- spending so much time on a grand.

Deal that the speaker spent too much time.

With a president who was unlikely to give him what He -- did He spend too much time on that front end.

Because the speaker was willing to try to work with the president talking about what other house members in your caucus have been set.

I think there's grumbling throughout this country because of where the jobless is that there's grumbling and we hear that we want them to even speak louder because we want to.

Have more help in changing Washington we've got a big direction where we changed so far we need more help to go the other direction and this clearly shows why.

Because Obama is still president and He still wants tax increases He still wants to spend more.

The speaker tried to lay out a framework.

-- stuck to our principles.

But would create jobs with new tax reform and would also lower the spending in Washington this is what the wall street journal editorial page said Saturday about house Republicans.

Quote a GOP factions fixated on -- balanced budget amendment after Thursday's stall.

The new -- plan -- only authorize the second tranche of debt that two thirds of both chambers pass such an amendment and send it to the states for ratification.

This will not happen.

Republicans are not looking like adults to whom voters can trust the government how do you respond.

I would respond why do you believe it could not happen I believe in this country I believe this country's worth fighting for and -- sixteen years ago we had that one more vote.

We wouldn't be in this problem today so yeah we're looking at how to solve the problem right now but also looking for the future to our children.

We think the best days are still in front of us and we realize that 49 states either have a -- particular statute to it.

And this country should have -- as well we've listened to the American people.

The American people support the idea -- about budget so we're gonna continue to fight for it and in the end we will win.

Understood but to try to -- death if this compromise.

Does not have a balanced budget amendment vote on the front and -- somehow tied to this trigger.

And it's just the vote it's not it has to pass which is what was in the speaker's bill.

Can you get that through as whip of the Republican caucus that.

Members -- and -- looking at everything in the bill but let me tell you this if not having a vote in this is going to be hard way because Harry Reid will never allow the senators to take a balanced budget why because the American people want it.

He's got his whole leadership on the line because they're up for election have been taken the wrong as well you know there's different versions of balanced budget -- -- different version and the version you have has a two thirds supermajority.

That would -- be required to get taxes to be increase that we we are a broad spectrum in the Republican Party we have a lot of different versions out there.

I'd like to see the Democrats than for any version I think the American people want to see -- -- budget that's where we stood that's what we'll fight for was speaker banner weakened politically by this process.

I don't know if you look at all the leaders the president has stood on the sidelines and tweeted.

Harry Reid hasn't produced a budget in two years has not produced -- debt ceiling.

Any type of bill off the floor.

And you know it speaker Boehner -- done he's produced the budget in four months that changes the direction and he's also moved to bipartisan bills.

Off the floor of congress they cut the spending did not raise taxes.

And made sure that this country would -- be able to have the resource is to continue forward.

That is a fundamental difference I would compare that to any other leader and I think only one has stood out.

The most recent -- asked these questions was Thursday CNN or C poll found that 63%.

Believe that Republicans were not acting response.

51%.

Said Republicans will bear the brunt of the blame if the debt ceiling is not raised compared to just 30% who would blame President Obama 15% who would blame both.

Do you think you've lost some of the political capital that you had after the November 10.

It's only in Washington.

We did not get elected to worry about the next election we got elected to worry about this country.

And we're gonna do what's right and that's what we're setting out maybe we're gonna ruffle some feathers but you know what.

We're tired of the gimmicks were tired of the budget tricks.

No more broken promises the American people have the right to know the truth and that's exactly what we're doing we're gonna ruffle some feathers to do the past two weeks past month has been about the -- -- The national debt.

Critics say Republicans are not focused on the most important thing and that's creating jobs special with this latest GDP number.

Would you characterize house leadership as focused on -- growth agenda.

Job creation and how do you answer your democratic critics who say where -- those bills well they can look right on the floor and you can see that they have passed the house.

If you score.

Counting how many jobs are bills would create we're into the hundreds of thousands of jobs -- sit on the senate like everything else nothing goes off.

But the number one place you have to look -- small business and I created my first business when I was twenty and entrepreneur our.

The difference between -- -- for newer and someone takes a job is.

All we do is create we don't take one from somebody else if you look at the last processes just in the last year.

Lowest job creation in seventeen years you look at it under this president.

We do that we've lost jobs this is an opportunity to focus and change in the Republican plan that we have to small business growth through lack of not raising the taxes -- hurt the job creation but actually create jobs is a fundamental difference when Obama's going.

Congressman thank you very much you may have to order a lot of pizzas that at at I think we're gonna make real change in Washington.

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Will House Republicans Agree to Debt Compromise?

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