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-- take care fair and balanced now -- a democratic congress is just at all on his ranking member of a Budget Committee when most powerful Democrats on Capitol Hill congressman on.
It looks like at least a descent and Harry Reid won't bring this to a vote so is it is it way of saying I don't think I could get the votes in the senate to get this.
I don't think that Neal I think what does senator Reid as saying that.
Is that congress passed out last summer something called the budget control lacked.
Which is you know cut -- discretionary spending by over two trillion dollars.
If you include this sequestered that would take -- place one trillion dollars in caps that were put in place.
Another one point two trillion that would -- take place through the sequester.
And I think what Harry Reid as saying is that we've got in place.
Those controls with respect to discretionary spending.
When it comes to the other things like whether or not we should be closing these tax loopholes and what we should be do we not some of the other mandatory -- -- many programs.
That is going to be the subject of this election.
-- -- know that congress what you're saying that at face value is.
The president's efforts is a -- them.
Paper and time right.
Well I think the president's put forward a good blueprint for the country.
The house Republicans have already made it clear that they think it's a nonstarter I mean you've seen their statements today -- proven wrong I know you're in the house -- about proving them wrong -- it.
In that ended in the democratic controlled senate.
Prove him wrong have them vote on and show so Republicans exactly your your months.
Well here here in the house we will have a democratic alternative budget it probably is -- -- his budget vote -- -- much.
Yeah it will be based it -- will be based out largely on the president's proposal because I think it does two important things number one.
It helps nurture a very fragile economy it invests in jobs we gotta get this payroll tax cut.
The extension for a 160 million Americans for businessmen calling for that since September as part of his jobs up plan.
Why -- there's so fast and jobs are but I mean not when.
Investing means you have money to invest we don't we're we're flat -- where we owe more than -- our entire country makes GDP.
So right -- just can't be too is we can't strategically invest lot.
-- so you need to do two things at once right you need to make sure that this fragile recovery keeps going that means putting more money in people's pockets.
So -- in the short term that may be an optimal uptick in the deficit but what the president's proposal does is over the ten year period.
He brings those deficits way down 22 point 8% of GDP yet dramatic.
Decline he stabilizes the I debt as a percentage of economy puts -- a positive trend.
Any doesn't have balanced way so the issue here -- isn't whether or not we need to reduce the deficit over the over the ten year period of course we deal.
The issue is how.
The Republicans did it by slashing the budgets they did do it by ending the Medicare guarantee you can you can have a discussion about that but that's what -- dead body.
Congress in the Medicare senator abilities that the Republicans did too much of that.
The president didn't even touch Medicare about it I mean that's actually actually I usually big exception.
Actually -- the president's proposal that he submitted as part of this budget it calls for about 3300 billion dollars in reductions.
In the Medicare area.
Primarily by asking the drug companies the pharmaceuticals -- Here's congress and we're still looking at a plan in the aggregate the produces -- trillion dollars at a minimum more in debt.
And we've -- -- that's cutting sign me up for.
-- -- As as I said -- what it does over the ten year period is that it stabilizes the -- as a percentage of the economy which and puts it on a downward.
Archer Jack to rate the reason when it's all they can see it's -- big time into it the reason the Republicans object that was so is the Republicans.
No because well it's you know your debt and right now I -- and -- your dad and I don't know why isn't anyone talking about.
Shrinking not just slowing the growth actually reversing.
Well do you you have to turn the corner and that's what this does budget does as I say what it does is it not even around the Internet and went out and -- and then -- -- does your party yeah.
But what what what it does it -- at the end of -- the window it does speak it stabilizes the debt as percentage the economy.
You know you hear this talk about United States in Greece what we're not Greece I mean -- the reality is that.
Readiness let me just say were you wells are there and they're facing up to their problems that not happen.
Not -- well but they want and -- and entitlements as a percentage of energy being and we didn't look at that's going down on it there.
-- look you've got no argument here that you -- -- you need to get the deficit under control that the difference is.
The president's proposed to do that in a balanced way and part of his proposal is to say to folks at the very high end of the income scale.
You've got to go back to paying the same rates that you were during the Clinton administration which was a period of great robust.
Growth he's saying you have to close some these corporate tax loopholes that actually reward companies for shipping jobs overseas that seems to make common sense to most Americans.
But are Republican colleagues have opposed.
One -- One penny going to deficit reduction from closing tax loopholes now that's just not responsible.
And so -- wish you did there the reality is we need a balanced approach that -- for shared responsibility.
That's that's what this budget does we can all do better but this is this is at least on the right track.
Congressman thank you very much good seeing you again good to see you Chris van -- when the most powerful and well.
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