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The late last night from the president was that it will not add a penny to our country's deficit which is about fourteen point six trillion dollars at the moment.
And you know here's a look at the number this is the big number 447.
Billion dollars for the American jobs plan.
Republican leaders say it will not be that easy here's house majority leader Eric Cantor on this.
I don't think you should be an all or nothing proposal here.
That's the one thing I think has has not sat well with a lot of my colleagues.
Because the president continue to say umpteen times pass the bill.
Well again let's that doesn't work in this town or frankly anyway.
Not when you have good people they can disagree.
And there are pieces of this proposal that I think we can work on -- move quickly so we can see people get back to work.
Price president's plan and -- Democrats less asking Jersey Democrat.
Robert Andrews he's on the house committee on education and the work force our congress -- walk on good to have you here tonight -- The good morning to you -- you know obviously it was a big night after the president a lot of people felt it was very strong speech for him.
That -- He was coming out fighting He said many times if you want to see that bill passed.
Do you think it will pass and what do you think of what Eric Cantor just said that he'd like they'd like to break it down -- what what can be agreed on immediate.
I think some version of it will pass because of what Eric -- Legislative proposals start at one place and finish and another what I would like to see is do is find the areas of common ground quickly.
And pass the bill quickly and get people back to work quickly.
Yeah it it sounds like -- You know your on the same page at least to a certain extent -- so let's see what those areas of agreement -- one of the big questions that I think a lot of people left -- that the in the speech last night.
Billion dollars in new.
Money to stimulate the economy on top of 800 billion in the original stimulus plan it didn't work as evidenced by the employment numbers and every other indication the economy that we've seen.
So why would this 447 billion dollars where we gonna get the money.
And what why should everyone be convinced that this time it will work.
We're gonna get the money by making reductions in some entitlement programs -- for example.
I think Medicare should be able to negotiate the price of prescription drugs the way the VA does say that huge amount of money.
-- by closing tax loopholes on the oil industry -- mothers there that's where the money comes from what I think -- -- work throughout our history.
If you put people to work building roads and bridges and highways and clean water systems it works.
I think it works if you cut taxes.
For small businesses who create jobs it's worked in the past I think -- work now and I think.
Middle class consumers.
Getting a tax cut about 15100 dollars a year will -- demand that the economy's so I think there's agreement that these things work let's do them.
He I guess the big question we and we we're told that there -- all these shovel ready projects -- first time around they can understand that people are nervous about.
Committing another 447.
Billion dollars when you talk about cutting Medicare.
We're already cutting Medicare 500 billion dollars in order to pay for the health care system I didn't think I'd.
I didn't talk about cutting Medicare benefits what I said while negotiating the nice that -- mentioned -- -- -- in Medicare shouldn't be paying five dollars repeal the VA is paying three dollars for.
Let's change that's of negotiate the prices.
And save a couple hundred billion dollars over ten years but and as did not waste wasteful savings eight you know cut from Medicare was the essential element of the 500 billion dollars that was supposed to Paper.
Health care I don't get up on health care -- but.
But I what I guess seven and what can we didn't like what I just what I just said what I just said was not a part of the health care bill.
This is savings above and beyond -- I think we can it yeah.
That the 500 billion that we're already stating its okay parity in our annual but it did not it did not include that drug negotiation idea -- crisis -- that that's one out that we might be a Democrat.
A little bit of money but again I guess the big question is a lot of money it's about 250 billion over ten years I'll Obama for that 200 today but you know the big question is what.
How about a week from Monday the super committee already has to find hunt one point five trillion in cuts.
This lets attack on top of that born in 47 -- that we need this program as well.
And give -- some -- a week from Monday.
You know how optimistic are you that they can do that that they can -- -- those kind of savings to cover this bill.
Or are we gonna be you know is is going to be the thing where were in or -- port tenure down routing congresses that don't exist yet not.
The -- projected spending of the federal government over the next ten years is about fifty trillion dollars.
I think every person watching this program believes we can find another.
Two trillion dollars fifty.
Not really hurt people or -- services and get this done I believe that we can do that I think it's very plausible very reasonable and we should stop talking about it and do it.
-- -- everybody's got their work cut out for them.
And we'll be watching closely and we let let's hope that this time it does work because people don't let me -- let's not let let's let's do more than hopeless an -- that.
Let's start building projects that make sense and let's cut taxes for businesses that create jobs and for people and I think it will work you know help the country.
I'm looking forward -- congress and we thank you very much I get in here today congressman rob Andrews and a Jersey indices there.
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