Payroll Tax Cut Extension in the Balance?
Senate minority leader on 'Fox News Sunday'
- Duration 10:01
- Date Dec 11, 2011
Senate minority leader on 'Fox News Sunday'
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Is rushing to finish its business and got a home for Christmas but first they're trying to work out a compromise.
To extend the payroll tax cut next year and so far there's no deal.
One of the key players in this political drama as senate Republican leader Mitch McConnell who joins us now from global.
Senator that the house is expected to pass a bill this week that would extend the payroll tax cut but would also.
Lincoln at two further action trying to move -- Work on the Keystone Pipeline oil pipeline.
You're number two senator Jon Kyl said this week.
The package that comes from the house is yet I don't think there is any further negotiations.
Question is that your position in the house bill take it only -- What I could just -- say the reason -- have ended abilities.
Emergency measures like extending the payroll tax holiday over and other years the president's policies.
All put in place for the first in the first user administration when he -- a completely complied.
Congress have completely fail at a rounded -- up 35%.
Unemployment basically hasn't budged -- -- -- eight point 6% so that's the reason we're discussing.
These kind of temporary measures so let's take a look at.
I believe that we should experiment payroll tax holiday another year.
Avoid a tax increase on working people for no the year also agree with senator -- my counterpart.
That we ought not to do it again next year now we know that's an emergency package coupled.
With an extension of unemployment with some reforms.
But at the -- congress would like to create some jobs.
And so we have the keystone pipeline and there.
It would if it shovel ready project the biggest and most important.
Ready to go project in America wouldn't cost the government a penny not one -- Three years of environmental studies have already been done.
The secretary of state was ready to found off on it the president right.
Pulled it to the White House and -- for a year this would create 20000 jobs almost immediately ready to go with no money.
We also have a provision in there.
If I -- but I think what other well I would just -- we just have limited -- -- as one basket out of retirement press my question.
Do you agree with senator Kyl that there's no further negotiation.
The house bill that comes out of the house gets to the senate take -- -- -- it.
Well we put together a package is very balanced we believe it'll pass the house on a bipartisan basis and pass this I don't know about partisan basis I was about to tell you one of the reasons -- will.
Is is another provision and there.
The shopping and EPA regulation call -- Mac.
-- which a lot of people haven't heard but senator Mikulski and senator Wyden and senator Nelson.
In the senate also supports stopping EPA from doing doubt that -- -- a lot of jobs so will be done here Chris is worked very hard to put together a package.
That actually both sides can support well senate democratic later.
Reid says there's no chance that the house bill with the -- -- pipeline and it will pass.
The -- that -- as it we will not pass the senate and here's what President Obama -- Any effort to try to -- tired.
Keystone to the payroll tax -- I will reject.
Question if the millionaire's tax that the Democrats want is a non starter from your point of view and if the the Keystone Pipeline.
Is a non starter from their point of view.
Where's the compromise here and what are the chances that a deal will be worked out before.
More than a 150 million Americans get a payroll tax -- Yeah and -- -- that it got app and an obvious you'll reach an agreement the president is posturing here is it got a standup of the AF LC -- I'm on the same -- Jimmy Hoffa.
And the AFL CIO -- the Teamsters and the AFL CIO want the Keystone Pipeline one right now.
Look the president been talking about creating jobs.
Finish this is ready to go immediately all requires is his son well.
And with regard to senator Reid's comments I'm sure -- and -- what is on conference there significant number of Democrats senators.
And house members.
We're gonna support this package it was -- bipartisan support when he has said senator at that isn't gonna happen.
I just want to make sure you're saying that -- that the payroll tax cut will be extent.
What -- of course that it has bipartisan support but.
We also need to have something in there that prevents the loss of jobs.
And something that will create -- jobs enough while we inserted -- Mac she reported on about quarters and -- issues.
And the Keystone Pipeline supported on a bipartisan -- -- one would save jobs one would create jobs right now.
So why not have some balance rather than have the whole package.
Designed to help those who were.
Or preventing attacks go to working Americans let's have something that actually produces.
And saves jobs shall we put together a bipartisan package that I -- -- -- enjoy it.
British wrong support among a lot of Democrats in the senate well -- -- you you you talk about.
Support bipartisan support aside from the merits of the argument the president and Democrats seem to feel.
That -- winning this political argument and the president made the point this week let's watch.
I know many Republicans have sworn an oath never to raise taxes.
As long as they live.
How could it be that the only time there's a catch.
His -- comes to raising taxes on middle class -- Why are so many Republicans.
And not -- -- but.
Why are so many Republicans including more than half of -- senate Republicans.
Why are they voting against extending the payroll tax cut.
Well on the president's comments -- it's hard not -- -- because of four out of five of the people they're targeting the rich people are target are actually business owners.
Who create jobs but what we're not here to defend high income people in this -- partisan package that we're there we're just discussing.
We make sure that millionaires don't get unemployment.
And don't get food stamps.
We freeze the pay for members of congress.
And for all federal workers continue to freeze the -- -- has been frozen there's still a very balanced -- Activision doesn't do any time.
For millionaires in fact it goes after them but -- -- -- senator time eight.
26 more than half of -- your Republicans didn't vote against the democratic plan with a millionaires that they voted against your plan.
The Republican plan that didn't have a millionaire since they were against extending the payroll tax cut.
Well that there really another package put together that I think many of them will find.
Much more attractive because of the additional pay fours and job creating.
Elements that I've been describing to you that we have put in the package there'll come over from the house I believe on about -- -- those.
Let me switch subjects on you this week the senate Republicans blocked the nomination of Richard -- -- to run the Consumer Financial Protection Bureau.
What's your problem -- an agency that would protect consumers from mortgage lenders from debt collectors and student lenders.
-- here's the problem this new agency enters to no one.
Absolutely no one another unelected czar would got a bunch of those -- -- White House we don't need any more of them.
And the only way we can.
Instead of the administration.
To change this agency which isn't subject to oversight by congress doesn't get its money from congress.
Answers literally to no one it's one individual.
Who could bring down the banking system in this country if he chose to use -- unlimited power no no one has that kind of power so what we're saying it to the president as.
Join -- and reformist agency make it accountable to someone the people elected the congress.
For its funding and -- oversight.
And then send up somebody will be -- to confirm them there's another brawl mr.
-- partially this is about on unaccountable.
On elected czar.
And we're simply not going to -- -- confirm him or anybody else.
To this agency that shouldn't exist in its current form.
What do you think of attorney general hold her and the way his Justice Department -- -- operation fast and furious.
Well there clearly aren't being forthcoming we believe the attorney general.
A more specifically we believe the head of the criminal division misled congress.
I don't know what they've got to hide congress has been asking for information they ought to turn it over.
If if that it's really quite unusual.
To be stonewalled like those.
Hot members of the administration you did.
I would just wanna pick up on that -- it's a fairly explosive -- saying that you believe the attorney general knowingly.
I don't know what -- knowingly did not we we believe the -- Was not particularly truthful with congress we believe ahead of the -- division clearly has misled congress.
Why why would they want to do that what what is the point what are they hiding.
They ought to be completely transparent about this particular operation.
It's become controversial I can understand it's embarrassing for them but I think misleading congress not a great way to go so.
The obvious question is do you think that Eric Holder and Lanny brewer the assistant.
Attorney general that we're talking about do think that they.
Should either resign or if they failed to be fired by the president.
Look I'm not calling -- about his resignation today but I'm calling for them.
Attitude to be more forthcoming to be more accountable to tell us what happened that's what we've been asking them to do and so far we haven't gotten straight answers.
Senator McConnell gonna have to leave it -- want to thank you so much for coming in today sir and will stay on top of all these stories and thank you.