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Question -- New Hampshire kids breathing fire into the -- pretty hot race for president.
To those candidates speaker Newt Gingrich and mr.
Herman Cain we're on the stage and now they're going to be right here to go on the record you do not want to miss that.
And this is a Fox News alert a scorching defeat for President Obama is jobs bill just a short time ago the senate voted kill the presence 447.
Billion dollar jobs package.
-- things have been pretty heated today in the senate even earlier today different kind of action the senate it was chaos anti war protesters demonstrated in -- Hart senate office building.
Capitol police arrested half a dozen demonstrators.
This you know protests have been breaking out across the nation for weeks as frustrated Americans say they are fed up with war and the economy so what is next on the jobs front.
Now the -- bill has failed.
Utah senator and likely China's -- -- good evening I guess we didn't really expected the bill to pass but said that presidential hopeful.
It didn't pass and it's not a big surprise it didn't pass given the fact that.
We have to remember this president has brought us 800 billion dollars in stimulus spending four trillion dollars in new debt.
And that has -- given us nine point 1% unemployment.
These things have not helped the problem they've made it worse the president's job bill would have given us more the same failed policies that have made matters worse.
I want you gotta stay ready for that vote because so within that the ink was hardly dry and the vote when the president issued a statement.
And among other things a -- statement.
He says that day your party obstructed the senate from moving forward on this jobs bill.
Well that's interesting given that it's his party -- -- -- during its time in the majority has undertaken a process called filling the tree.
Before more than any other party during its control of what we've ever -- it means that you block the other party from introducing amendments.
The amendment process is the hallmark of that they legislative process is the hallmark of open robust debate.
And when you -- the tree you say you have to take this bill as it is you cannot amend it you cannot have any other option other than to take it lock stock and barrel right -- Says it his bill corners statements He says it independent economists and -- and -- -- congress' Tuesday but I when He says independent economists.
Has said that his bill would grow the economy and lead to nearly two million jobs.
Don't believe it.
Don't -- at all because we have to look at history we have to look at what this president's proposals have already brought us what they brought us is more unemployment.
What we need to do was get government out of the way we need more proposals like cut capital balance we need a balanced budget amendment of the constitution to restrict what congress can do.
The federal government right now -- consuming about 45 cents out of every dollar that moves through the American economy.
That's too much that's causing us problems and it's bringing about unemployment it's a big wet blanket on the American economy that we need to remove -- I don't budget amendment has lost support by -- by the -- -- Americans across country but the problem is a balanced budget and is it gonna fix things now for some it's -- and desperately needs a job.
The -- job bill.
Failed to do you does -- -- -- politics have won what is and how fast can get jobs for those Americans because it will really running out time for them.
Well look there are things that we can do in the near short term future some of which the president agrees with.
For example I've heard the president say at least twice this year that we as Americans ought not have the highest corporate income tax rate in the world.
We need to lower that.
And we need to close some of those local issue that yeah I Zelaya and -- part I am not sure -- what he's told us in the past is we have to pass his bill lock stock and barrel we have to pass the whole thing not just parts of it.
We do need to reduce -- apartment.
I also in favor of declaring some kind of -- hall and they were granting some kind of permanent relief for repatriation.
Of income earned overseas -- American Eagle came in part by corporations -- -- bring it back in -- -- don't be taxed fire right exactly and that's why I'm introducing legislation that would.
Bring that tax rate down to 5% not just temporarily but permanently so that we can encourage American corporations to bring that money back home where they'll use it to invest.
An investment leads to job growth.
-- just -- this customers is independent economists found.
-- I just -- you know who these people aren't that dominate the economists are not exactly let us in the right direction than the last couple years so I'm.
Any thought on.
-- not -- economists think the same way and of course check carefully omitted from that press release with the identity of those economists.
He weather particularly war or has a broad class He hasn't told us who they are.
And so what we do know is that these policies these same policies that he's now trying to to push us to pass again have made matters worse.
Right He He says now apparently has -- -- -- a -- to go for piecemeal different parts of it.
Are you willing to take -- his jobs bill and thought out piece by piece -- would you think -- a good idea should tell.
Well of course He He can't answer that question with a yes or no without knowing the particular summit there's no once they -- know that -- still oppose that concept of voting up piece that you may oppose whatever sent back out to the contrary I support that I think -- was what we needed all the time that's why I got nervous -- -- you're -- few weeks ago when we -- listening to the president.
Get his address to a joint session of congress when He.
He intimating that we needed to pass the whole thing without any amendment and I think that's dangerous I I like the -- -- concept a lot better that will allow us to find some common ground.
I sent you get good accept.
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