Tea Party Against Debt Deal?
Will party opposition derail plan?
- Duration 5:05
- Date Aug 1, 2011
Will party opposition derail plan?
Also in this playlist...
This transcript is automatically generated
Lot of attention to the Tea Party -- just.
Check out get a tour today in the Wall Street Journal what -- members backed by the Tea Party deal when it's time for them to vote.
On this proposed deal many have been pushing for greater cuts and no debt ceiling increase a balanced budget amendment.
And now there's concern over this new committee set to be former six members.
Of the Republican Party and six members.
Of the Democratic Party going forward Jason -- it's a Tea Party member to.
I'm very concerned about this commission because the way it's structured.
We have three members of the house Republican three members in the house Democrats we got a majority in the house so.
There -- things of that structure that really do concern me and I'm also concerned about the first year cut number because I think it's pretty small.
But there's also a lot to like I I I think that this because actually take.
-- long way while Illinois Republican Joseph Walsh is a Tea Party caucus members sir how are you and good morning to not.
I'm great field could be armed it is that does this mean for barometer for you we have vote for it.
I I second what my colleague Jason -- -- -- -- from you talked.
Speaker deserves a lot of credit I think that there's such an innings anxious -- to get something done.
By tomorrow that that sentiment is carrying the day.
I would argue that what's been crafted here is in many ways a typical sort of Washington deal.
That doesn't address the fundamental problem that we're bankrupting future generations.
I'm still looking at details but I think we needed something bolder so that sounds like a no vote.
-- -- -- -- -- -- -- -- Well I was 122 Republicans that voted against the speaker's plan a couple days ago.
This doesn't go as far as the speaker's plan again I give him all the credit in the world because he's been the only real grown up in the room here but.
We we aren't we are.
-- even bill even this potential plan calls for May be may be two to three trillion dollars with the cuts over the next.
Ten years our government's gonna borrow anywhere from nine to fourteen trillion over the next ten years.
We this this plan -- a good little first step.
Does not address the fundamental problem that we are.
Bankrupting this country I understand that point you're that you're making all that are -- admit I yes are you know or or is that last answer may be at the moment.
You know I am I am probably -- now I -- probably in now but hey wait what and they change your mind there.
What what would change my mind is some solution.
That really changes the way this town does business and does something about the fact that we're bankrupting future generations.
This plan don't don't look sometimes have to hit myself on ahead.
Because if all of us trouble some Republicans.
Didn't take over congress we -- to raise the debt ceiling by who knows how much a few months ago we'd be spending money left and right.
Thank god the Republicans are in control congress because we've changed the conversation.
We are talking about spending cuts that's a victory for the speaker that's a victory for the party and the country but.
We need a bold solution and this.
Isn't it and I did I just I -- -- -- supported John -- on the phone call late last night review and other members of public party in the house.
Did He say you're getting 98% of what you wanted.
Is that true.
Yes and it in again it it.
This this is a plan -- but I'd argue the president is going to be dragged kicking and screaming in discipline.
To supporting He wanted to clean debt ceiling bill He didn't want any -- He wanted tax increases.
This has none of that and it's got spending cuts the speaker deserves credit for this but I would say to you that right now this government is broke this country -- broke.
We're bankrupting future generations and this notion of a commission -- -- -- maybe eight or nine months down the road.
We're way past the time to have a commission Wall Street Journal the big picture is that the deal is a victory for the cause of smaller government.
This is an editorial they write today.
Arguably the biggest victory since welfare reform in 1996.
And what about that.
Act I guess I'd argue that it's a victory.
To a degree.
For the Republicans in all of us who came to Washington to change the conversation.
But it's not a victory for this country.
We are bankrupting future generations debt will continue to be piled.
In this does very little if nothing to address -- prediction quickly does this in its form passed in the house yes or no.
I think it probably will mean.
These earlier just barely.
I think it will be close but again bill I think.
This that the overriding sentiment right under existing I wanna get something done by August 2 but I -- that will probably carry the day -- to sixteen the magic number Jo Walsh thank you Republican expel.
Illinois member the Tea Party caucus.