Also in this playlist...
This transcript is automatically generated
President Obama's senior advisor David plot and -- the -- welcome back to Fox's -- thanks for immigrants.
During the 2008 campaign.
Barack Obama blamed President Bush for the rise in gas prices on his watch let's watch.
Here don't -- -- bent.
Nearly 37 a gallon for gas and that's because it's gone down over the last couple weeks.
To have time what it cost when George Bush took off.
Using that same logic how responsible as President Obama now for gas prices more than doubling since he took office.
Well the point is Chris CC we've gone through these just about every year now.
In some respects human illness for decades it's got more pronounced in the last few years.
As you see it increased demand from countries like China news with the president's been saying and said -- when he ran frosting and now.
We have to do everything we can here to produce oil natural gas here in this country we're doing that.
Productions and an eight year high.
Triple the rigs are in the fields as there wasn't present in office but that's only part of the answer.
We have to then.
To wind and solar and biofuels next generation -- that's -- the fuel efficiency standards the president arrangement of auto makers -- so important this point and next decade.
The average -- -- -- 56 miles ago.
-- -- continue to lead in innovation in the automotive field means the average person can -- 8000 dollars and receive billions of dollars so this is a long term project.
We've got to do everything we can -- making a lot of progress but obviously we're not gonna get the energy future we need until we have that all of the above strategy well I.
Out -- -- pick up on that because as you say the president likes to -- and is said this week on the campaign trail.
Out the campaign truck that's what it says he supports and all of the above strategy take -- look.
-- under my administration.
America is producing more oil today.
Than at any time in the last eight years.
But the congressional research serve.
Says about 96%.
Of the increase since 2007.
Took place on non federal lands in the CRS says.
Oil production on federal lands actually fell.
In twenty allowed so isn't the president taking credit.
For production he has had almost nothing to do -- Now we are we are aggressively -- -- as you know.
And you know we we knew that -- always talks about well was on non federal is not federal -- -- we have 13% increase on federal lands in terms of permanent.
We make in auctions we just had an auction in the Gulf of Mexico not to recently made I believe twenty million acres available.
The private sector only claimed her fourth so we're making a lot it's a private sector decision whether they want to in an auction.
-- purchase and then begin to explore and drill so we are if you look at what we're doing onshore.
Natural gas we are doing everything we can't.
But this isn't just about you know a political slogan that says I have some secret plan for two dollar gas.
We are not gonna have the energy future we need and the American people understand this they're tired of being given a -- a Washington talking points that says if only a politician would do one thing differently.
Would magically have cheaper gas they know we need to use less when -- diversified when you do everything we can here and we -- getting more energy independent.
We are producing more here.
We are on track to double the sources of energy we get from -- -- so we're making progress we just got to make sure that we really double down here to make sure that if all we do is drill.
And say let's let China.
Command the wind industry to solar industry we're not gonna like this century much your economical.
Well you say you're doing everything you can I wanna talked about a specific area where a lot of people say you're not -- everything you can.
The president went to Oklahoma this week to make a big show about the fact that he was calling.
For faster construction of -- southern -- the southern part of the Keystone Pipeline.
But he's basically you can see the map here -- saw the -- which is highlighted his basically irrelevant to that part which is controlled by the states that are crosses.
And what people are really concerned about is the northern like the part above the highlighted area.
The State Department and the EPA's study that for three years and came to the conclusion I wanna get that that -- the quote right.
No significant impacts to the project.
From the US Canadian border down past Nebraska down to Oklahoma.
Given that why did the president -- -- the project passed the -- Member election well first of all the southern part of this -- -- pretty important.
Because of the production and the president doesn't have that much ability and -- there are some permits the corps of engineers and others it will have to be done our point is -- -- -- -- because.
Productions going -- well in this country there's a glut of oil.
In that section the country we need to get that -- -- -- markets and that pipeline is very important.
We've approved dozens of pipelines in this administration let's be clear the governor of Nebraska a Republican governor Republican legislators in Nebraska.
People throughout state had a problem with the pipeline route going through when -- for.
They raised objections that the permission.
Governor Heineman is on record as saying now start the pipeline we will route the it would write the outline of the pipeline around the sand hills.
Area go ahead we're not holding this up.
It just gonna be in the company itself has said they're going to be submitting -- new pipeline route.
That ought to be reviewed it ought to be reviewed expeditiously.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- They're -- with the idea of going ahead and they say it'll be fixed by the time they companies -- -- companies that's gonna build this project said.
Wait we're gonna put through a new an entire route from Canada down to Oklahoma and then now we'll be reviewed so every what you know listen.
The Republicans play games -- this.
Said even though there's these concerns and Nebraska -- kind of forget about them was just play politics and I think the American people understand who do you trust more on your energy future.
Somebody who believes that we have to do everything we can hear in a safe and responsible way.
On oil and gas but someone -- also believes in diversifying.
New forms of energy and sadly that Chris this used to be a very bipartisan idea.
Alternative energy sadly.
The Republicans running for president many Republicans here in Washington kind of vilified -- -- -- market.
And it's only gonna determine our future it's a very dangerous thing will the president release oil from the nation's strategic petroleum reserve.
Well we've obviously we've spoken of this before -- I'm not gonna make any news here today is obviously an option that's that's always on the table.
It was -- last year because of the situation in -- obviously this is something that the White House is actively considering.
Well obviously we are always mindful of what's going on in terms of the oil market I don't not gonna make any news on that today obviously but it's not that we -- -- -- everything we're monitoring some of the pipeline issues out there are some of -- refinery issues out there are some of the distribution issues.
Obviously we're modern supply issues obviously the sanctions and Iran are working very very well there crippling sanctions.
Her in the oil industry hurting -- Central Bank.
Hurting our economy but we'll -- what makes you think if you were to do it if you were to release from the strategic petroleum reserve that it would be any more effective in lowering the price of of castle a -- and and gasoline.
That it was last year during the Libyan operation we'll get I'm not gonna get any hypotheticals about something we we may or may not do.
That the question is generally this has been whether it was done in 2005 -- was done last year when there isn't a determined supply disruptions.
That needs to be filled.
United States and other countries Lester it was a global response.
Contribute some oil to help relieve that.
It's really about this -- no one should expect there's any magic bullet out there.
That's -- all of a sudden.
Drop gas bikes and what not -- it -- there was an interruption in supply you would welcome it just because gas prices are high now that there is right now that's right there are some supply issues right now that are contributing.
You've got some issues in Sudan.
You've got obviously would be is not up to where -- was.
Pre crisis so there is some supply disruption right now but no this has got to be about.
All right let's turn to Supreme Court.
-- holds three days of hearings and Obama care starting tomorrow.
According to a recent poll 67%.
Think that the court should strike down the entire law or at least the individual mandate question two years after it was passed why is Obama care still -- one pop well.
Listen you see a lot of pulls on us as July.
Polls also say if people don't want to start over.
They don't want to refight this political battle what they want us to do is implement this -- Smart we made changes as we should give states more flexibility.
But listen I'm convinced at the end of this decade Republicans and regret -- -- obamacare.
Because when the reality of health care is in place most of the law doesn't take effect of 2014.
But important parts are getting implemented right now.
Two and a half million people between the ages of 2126.
Have health care only because of this health -- over five million seniors are getting over 600 dollars prescription drug relief.
You've got women now.
Not being -- more.
Preventive care like demography in place so for people who are experiencing it and it's it's a small portion of the population right now.
I think they're seeing it quite carefully and then was advertised how confident are you that the Supreme Court is gonna uphold the individual -- Well you've seen jurist appointed by both the Democrats and Republicans and lower courts uphold this law.
Two very important conservative jurists offering very strong opinions so we're confident that'll be constitutional.
And and our focus right now obviously there's going to be a process play out this week and then obviously Supreme Court will deliberate we're gonna continue to make sure we implement this law smartly.
And that we inform people of the benefits that are available -- Congressman Paul Ryan who will be here in the next segment came out with a new budget this week and the White House including you.
Immediately started hammering him -- I want to show you.
That was put up in the New York Times and let's take a look at it under the Ryan budget.
The deficit the Ryan budget the deficit -- twenties in 2016 is 241 billion dollars under the Obama plan it's 529 billion.
Under Ryan added debt over the next ten years is three point one trillion under Obama it's six point four try to.
And the Ryan plan balances the budget by 2040.
The Obama plan balances the budget never.
Say what you will but at least the Ryan budget does address our national debt.
Well first of all we haven't seen all the details there's a lot of I think it's been described as a a lot of candy not a lot of vegetables so we'll see in reality but listen the Ryan plan.
-- -- always supported by the presidential candidates so Mitt Romney -- the front of this is really the Romney Ryan plan.
It will be rubber stamp if Mitt -- elected president.
It fails the test of balance and fairness and shared responsibility.
It showers huge tax cuts on millionaires and billionaires paid for by seniors and veterans.
We don't know that.
Yes yes we know you don't know that because you don't know what they're gonna take away in tax deduction well.
Independent analysts who look at this -- it's going to be big tax cuts thing where the well one knows that David because they don't know what that what did what tax deductions are going to be taken away.
I think most people believe that's -- conservative estimate.
That the average knowing -- will get at least a 150000 dollar tax.
So the right approach is the president's approach which is whether it's Bowles Simpson even though it does not been -- to address a national that it gets our deficit on a very sustainable path.
Consulate listen this -- already -- -- -- that never balances the budget according to the CD out.
In the next twenty years -- guesses on what most experts most fiscal experts consider to be the right fiscal path.
That also allows our economy to grow.
It doesn't strangle education doesn't got investments in clean energy.
So it's the right -- to grow the economy and reduce the deficit this president's already signed a law almost two trillion dollars of spending cuts.
-- we have to make sure we get how do we do the rest of the job well we are gonna have reform entitlements to do it right way -- by -- rising Medicare and actually saving money in the system.
Have to obviously.
Responsibly and gets Medicaid savings that would also have to get some revenue primarily from the wealthy through tax.
OK I want to switch subjects with you we could go on it and you know what we'll have an opportunity to go -- -- great length and that.
Throughout the campaign the president spoke out on trade -- --
Filter by section