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That I am going to be committed to ensuring that the American people get the deficit reduction -- They were promised but under the law congress will have thirteen months to do that in a smarter more prudent fashion.
That was Republican congressman -- -- really needs the GOP's war -- on the rapidly failing twelve member deficit ceiling super committed debt -- super committee.
On FOX News Sunday with Chris Wallace and this is power play.
Happy Monday Internet.
And surprise surprise in Washington today nobody can can wrap their heads around it but a twelve member super committee designed to fail has in fact failed.
And here we are we're talking about the consequences.
Of the super committee and and what's not happening with it.
And -- -- very lucky today we may this is maybe the most powerful tandem that we have ever had back here in studio three but we have Charles hurt he's a columnist for The Washington Times Smart person friend of the show and -- these special guest Fred Barnes.
Senior writer for the weekly standard a -- a wise man we are grateful to both of you for being here contributor to a pair of Virginia gentry sitting right here at the table talking about all this stuff.
It's not true that -- super committee has failed yet but everybody says the super committee is going to fail is that about the is that about the rate of things -- The members of the super committee say it's about the sales -- I take their word for it then.
It and so it just kicks -- can you know Washington can kick the can down the road any number of times.
-- it it just kicks -- -- back to the full congress and to the president who took no part in the super committee.
Ben so there we go where any issues still -- We're gonna talk about the blame game yet but Charlie or any do you see any possibility for -- something other than this improving -- No I think -- and I and and as you Brendan Porter I think -- this is working his exit big guy.
Designed to work as -- as the visitors per person town put out this is not a doomsday machine that they made it is a -- war machine just to get them past.
The next guy who wrote that the fact that -- has got to be really good -- -- okay let's.
Get the latest from our friend Rutgers fan but still a good person Mike Emanuel who's over on the hill right now following the latest on this stuff so Mike.
This -- Mac -- -- will -- will something happen here to change.
These -- project three of the super committee.
Chris on vacations are no everybody -- saying we still have hope but.
-- is -- at this point it's.
Bottom line is we believe that -- essentially negotiating how they're going to pull the plug on this thing.
We believe it'll probably likely be a joint statement from the coach here is dead hence -- -- in Patty Murray.
Late today perhaps after the markets close saying.
We gave it our best shot but it is not happening.
You know late Friday Republicans made one last ditch effort.
Tried -- cobble together a deal based on the low hanging fruit if you will.
Didn't touch entitlements.
Even offered to close the corporate jet loophole they thought that was some.
-- if you will to attract.
Democratic interest in the Democrats said no in the bottom line is they say we have to raise taxes and so the Republicans say -- to that end.
It feels like we are stuck where we were -- they want.
And not descent -- -- -- stuck where we weren't about January 1.
Of this year this is basically the same discussion the same dispute Democrats and Republicans have been having since we enter this era of divided government right.
It feels like a broken record it feels like Groundhog Day the movie.
Essentially coming back here to say Republicans don't want to raise taxes.
Democrats don't want to mess with entitlements.
And while here we are.
They could not find a way to.
Find something in between two fudged a bit of city -- whether it's tax reform.
That would've lowered rates in close loopholes that might have generates more revenue.
Or some mild entitlement reform.
Both sides did not want to go there and so.
Here we are some would suggest this was doomed for failure when you picked six Republicans and six Democrats.
Or perhaps doomed for failure when you looked at some of the personality signed here.
When you've got Patty Murray who's the head of the DS EC as.
Co chair that's there -- -- senatorial campaign committee right.
Yes thank you for clarifying but the -- her job is to get more Democrats in the US senate -- to at least -- maintain a democratic majority in the US and it's been so.
He has a partisan interest in what happens over the next year leading up to 2012 election and -- Now we expect you know there will be a battle over the so called triggers.
With a lot of the Republicans saying we don't want those traders do.
Hollow out our national defense.
So that maybe the next battle after this two see if they can avoid.
Crippling the Pentagon Chris.
-- that we give you Punxsutawney.
Mike Emanuel we thank you so much for being with us have a great -- -- back -- you -- Okay distinguished panelists.
So we heard Japan's ruling at the outset basically saying.
Well the deadline is Wednesday that the deadline is really January 12013.
Because the so called sequestration.
These mandatory cuts that bit of salt.
And something there's a few exempt categories but that stuff doesn't start to happen until January 1 point thirteenth still has feelings when -- big what we didn't hit this one.
But we're gonna have another election.
And then after the election we're going to be a much more Republicans here and we're gonna go get the deal that we wanted anyway is that is that what it's looking like.
Everything is it fitness -- kind of upset about all of this is that I don't think either yes both sides were sort of built to be.
-- you with their sort of best.
On the panel.
But it's not like either side he's is looking for the had an advantage by saying that oh they didn't -- this they did.
I I honestly think besides.
-- just skipped -- just scared of making a move.
That they get punished for my and it's certainly indicates that the Republicans because -- gonna think that do Republicans do have to -- I think they have a great argument.
We're out of money let's stop spending so much like that's a great argument.
Yet for some reason.
Do the leadership.
-- and didn't know what in the Republican Party is doing a really good job of completely capturing.
You -- beyond regular conservatives are always capturing.
Do -- voters' minds and pointing them in their current.
Should and so for this all contributes is -- of drift basically it's like we've cut the engine is.
The waterfall is up ahead and we're now just -- of drifting because of this in action.
And we are gonna talk more about who's gonna get the blame -- -- and all of those things.
But is there or something to be said and I think I've I've said it there is something to be said for the fact that we've had to wave elections he's been elected the most liberal president since Lyndon Johnson the most conservative.
Republican House since Nicholas longworth so we have eight.
Absolutely you can do it and that look I mean as Charles that in -- said and I said that decides our.
Particularly on the issue of tax rates that just tax revenues tax rates.
-- how do you solve these problems -- we James Madison people that.
Who wrote the constitution had it right it's the next election.
That comes a year from now and then we'll decide hopefully I mean you can have elections it.
Really don't solve problems because they can.
Not only to the congress like we have now -- -- to -- in a democratic and a house is Republican but look I mean the whole idea of what's blown up here as a whole idea.
Of tax reform Republicans have always -- to tax reform will you.
I get rid of all the special.
Deals and loopholes and so on and then you and brought the base -- -- the race.
Well Obama and Democrats they wanna do all that and then raise the rates raise tax rates and it's hard to compromise between those -- that's going to be.
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