You're watching...

Alan Simpson: Chaos in Congress after presidential election

Details

  • Description

    Former debt commission co-chair explains

  • Duration 8:27
  • Date

Clips

Also in this playlist...

Editor's Picks

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Horrible forgot the presidential elections -- the warning about what happens right after that.

I think between November 6 -- December 31 round of -- -- -- Have -- KO and let me pay there'll be paired blood of eyeballs all over the floor.

And they will do something.

They will do something they made he was six months extension you can bet that's the closest thing that won't come.

And then the new president or the old president whoever is elected he's going to command in January and say.

I never knew these figures were this bad.

Bingo this this man read my idiotic mind and he's far more brilliant -- about Alan Simpson warning about an ugly lame duck session.

This here the former co chair of the debt commission -- -- now senator always a -- but that's my point I'm wondering and I was raising it would Mitt Romney's economic advisor.

That.

He can always -- on -- off man I didn't know things are so awful Bill Clinton did that George Bush senior did that.

-- say Mitt Romney if he were to be elected wouldn't do that.

Glad I tea.

Any -- my wife that woman I've been living with 57 years.

We -- in in France.

During control that election was going and we think that.

That it after -- on because as you have.

Trounced sort cozy that he's gonna come and say now I need an audit and then he's gonna say I never drew him.

That France within this conviction of what I promise you about.

Taking their retired age back to 62 from sixty in the very -- five hour work week all of that is just Disney World.

What -- But then then what do what you know there's been talk fitted -- a number of advisors.

Have said if the president wants to turn this whole.

You know -- kind of polling around.

He can just be bold and say you know want.

What would Alan -- -- whether or skin on board that aren't for the debt commission better late than never.

How likely think that is.

I don't know that it is but that was for us Bill Clinton this morning part of the program John -- murder was a great program with the Peterson Institute.

Talking about real things talking about Bowles Simpson we don't -- Bowles Simpson Bowles told me not to use them because the acronym -- BS so we use them resemble the fact.

And that's our -- As our head but let me -- -- can always says that.

He would've gone and he didn't go to President Obama and he said look you pointed this group by by executive order and you you set up some of the members they came in eleven of the eighteen that 60%.

-- -- goes like this he's that I know my friend Clinton need just wrapped his arms around that -- take that I'll buy that package and he could have done.

You -- double that was and it's a loss ever dated now but you could be late never the what did I do want to touch and you mentioned I thought it was a very perceptive comment as old yours are.

But -- this idea that they did these big taxes is are backing up like planes that.

LaGuardia that dead but they all it's by the end of the year all the bush rates.

That the payroll tax saying a host of others -- -- a security.

Medicare you name it.

Are they all land the end of this year now you talked about at a minimum they're probably gonna do some maybe can be six month expensive thing but that.

It will be a lame duck session that does it.

You really still believe that.

As they they're going to be punished I really believe that many of these people who.

Swear that they won't touch precious Medicare pressures Medicaid -- -- security.

And pressures defense the people who -- all these people are full of that they're full of BS you can't get there.

Without touching those big ones in fact right now last year the income into the United States excise.

Tariff income tax.

Only covered three things every cent of revenue covered Medicare Medicaid Social Security.

And we had to borrow role everything for defense.

You know Homeland Security culture -- group.

Research and development infrastructure.

Madness and I think they're gonna punish guys because they know they're just damn liars.

But you know you get your share of grief from a lot of ARP folks and older Americans who say it.

You know as a fellow old guy you let him down -- -- to -- the old nuclear out to -- -- you're out to destroy them.

-- -- -- -- -- -- -- -- What do you say about the cat food commission yeah a lot of value -- -- -- -- -- -- and then even the cats walked out they were so ticked off its.

But -- if it does that really.

-- -- -- -- -- I tea I can't tell you what they must be doing -- the offices of the AARP.

Trash down behind the desks because they Social Security trustees' -- Democrats -- Republicans -- high regard cabinet people blame them.

They said that the drop dead date.

Which was always 2036.

Right and I fell last week is now going to be 2033.

And I haven't heard -- -- The AARP these guys are fake I mean they're they're monsters -- monster.

So.

Is it that keeps them around they just count -- suits -- groups -- -- -- the only thing I noticed that radar tape.

It -- -- since -- -- -- a certain dress up.

-- I get a cardinal -- And and I don't want the car.

And then I get another card I don't want that -- I get another car.

Who makes their carts because whoever does that is the guy you want doing what you want them to do is that dude is very productive.

It's like when I was in the army well it look for the bugler.

I literally got a free gift give way to get going on -- we were we were.

But let me -- If the AARP I had a hearing on the was cast when I was in the center able Alan day review -- I think you are not only -- -- they really.

But and everyone over fifty years old in this country through and I'd say you one -- they aired there the most.

They're only a bunch of marketers get there get their their publication I mean really they took out the big full page ad about sex.

I I think guys I think I gotta look like some -- white haired cat policy on some gal on the latter.

They've taken that -- out but they still have the erect tile dysfunction ads and all the rest of the stuff in there it's a beautiful magazines.

How to get it how to get any kind of am not in charge it to Medicare or Medicaid or will take care of that for -- I mean what are you saying things like Viagra shouldn't be.

Paid for.

By that I currently -- they should be paid for by eager senior citizens who were eager and that's the way it should be like.

Well -- won't get them through it right certainly answer mentioning.

Sure answered well -- where it is -- stiff competition well what is so so finally I just want to get a sense from you.

About this.

Late.

Campaign conversion.

Either on the part of the president and Mitt Romney.

For your work and person's work both men a sense of police say they admire your bravery your goals.

Both of yet of 100% support it.

Could you envision.

A late conversion.

On the part of either to your recommendations.

By -- not election that no not by Election Day after Election Day yes but not before whose it was -- and who's your candidate.

Wally on the Republican out of Washington -- through there on I'd like Romney the president appointed -- of this -- thought we should not voting for him but I think Romney's the guy and I think anybody that says he's not embrace what you're doing now.

The number nobody embraces what we're doing -- -- cream rated nobody has mentioned this thing about Social Security even when they're told.

This go on down the road three years -- well because Israel is awful things about -- people.

That's -- -- aren't well I'm talking about little selfish people I'm talking about guys on Medicare card means tested a get a hard operate from 200 -- don't even get a bill make it by the studio let's talk about those people.

They're selfless they can't plan is intended to maybe rent it but they can't poll hot out they don't listen to what they -- least -- -- that's a.

Alan Simpson you the best thank you very much agree or disagree you.

In a land where everyone says -- -- stuff and and never means a word of it disguised clear clear Isabel.