Also in this playlist...
This transcript is automatically generated
Pointing fingers at the tea party for the US credit downgrade saying their refusal the tea parties to accept higher taxes.
That's to blame.
I believe this is without question.
The Tea Party downgrade.
This is the Tea Party downgraded because a minority of people in the House of Representatives.
-- even the will look many Republicans in the United States senate.
Who were prepared to do a bigger deal.
Joining us now to react this quarter Republican congressman and member of the Tea Party caucus colonel Allen west -- thanks for joining us so.
What's your rally were you react to those comments like Kerry and also Axelrod -- -- Tea Party downgrade.
Well good morning Steve American -- found those Thomas would be absolutely the most insidious thing -- ever heard.
I think what you continue to see from the left is so -- -- -- for someone to blame.
It's very simple we go back to 2007.
When the Democrats took over the house and the senate.
The debt at that time was a point six trillion.
Now today we see the debt.
At fourteen point five trillion dollars they have to look at themselves and they have to understand that they over the wants -- the totally to blame.
It has nothing to do with increasing revenues but tax hikes has everything to do with cutting spending.
And I think one of the most important -- we need to be doing right now is we need to get back up to Washington DC and deal with this situation.
And look for those deeper cuts I think there when you can go back to cut capital -- which -- -- something that the American people support about 66 to 7%.
That's a great start we can increase some of the immediate near term savings.
We can look -- some of those duplicative programs that the GAO report.
Sent out earlier this year about 200 to 300 billion dollars -- -- are righting the ship right now.
Sure the problem is and this is what that Tea Party is brought to the forefront of our consciousness congressman -- we get we get too much debt.
It's a math problem bring it down will eventually wind up with our.
With our AAA again perhaps -- down the road apiece let me ask about this it sounds like Tim Geithner has given us some good news.
Despite the calls from people like Jim dement.
The senator from South Carolina who says Geithner is got to go given what's happened mr.
Geithner says he's sticking around through the election your reaction.
Well I think having had Timothy Geithner is -- before us and testify in the small business committee and had an opportunity to corner him.
When you open that refrigerator -- the lights don't come on a really -- that He should move on.
What is happening on -- -- you have someone hasn't gone.
I don't think that Timothy Geithner really has I handle on the fiscal situation here United States of America.
And I we'll tell you we're not listen to your S&P I guess.
It is about restore confidence is about having the right -- economic and fiscal policies taxation policies and regulatory policies they can turn things around.
Just this last month the Obama administration created over 600 new regulations that will cost on businesses and corporations ten billion dollars.
To contend with that's not how you -- of this economy.
All right colonel -- we all have a couple of seconds very quickly would you be willing to come back to DC and really tackle this thing and then maybe make some headway on getting -- credit rating back up.
While more than willing to do that you know one thing to -- -- -- soldier.
You don't lay down your weapons when you're middle of a firefight this -- the big firefight again we should be aware we call Defcon one so we need to be back to Washington DC thank you colonel.
There -- -- incidents such.
Filter by section