Fox News
Expand
Browse All Video
Watch Live

You're watching...

Stage set for another debt ceiling fight?

Details

  • Description

    Boehner rules out tax increases, demands spending cuts

  • Duration 4:46
  • Date

Clips

Also in this playlist...

Editor's Picks

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Yes allowing America to default on its debt would be -- responsible.

But it would be more irresponsible.

To raise the -- -- -- -- without taking dramatic steps.

To reduce spending and reform the budget process.

Now we shouldn't read the debt -- -- fact I think we should welcome it.

It's an action forcing event in a town that's become infamous for in that.

So let's talk about this.

Acres comments with Charlie hurt he is a columnist with The Washington Times a lot of people heard those remarks and thought okay the speaker.

Is threatening to let the United States -- slide into default he just said this morning that is not what he's talking about he's not gonna let this nation.

Default on its debt.

But he's pledging to get tough in this fight over the debt ceiling which doesn't seem to -- it doesn't seem -- -- worked the last couple of times we've been to the brink.

-- -- -- Yeah I think John you would you said it exactly right when you pointed out that that is he setting the stage for a major showdown at the end of the year.

There couple a markers that secretary that that speaker Boehner is trying to lay down.

One is.

That he's demanding the cuts obviously but the other is that he wants to make it very clear up front.

That Republicans are at least you know -- in his view.

Our our -- are in favor of raising the debt limit.

And they're not willing to let -- that the government.

Default on its debts.

And that's a big issue because if he can take that away from the democratic talking points so the Democrats can't accuse Republicans of -- to just let the government default.

Then he feels like he can kind of keep this debate on a higher plane where they have a much stronger argument in a very simple one and that is.

The government must stop spending so much money because it simply doesn't have the money.

And an -- and Republicans are a lot more comfortable on that level then and then and fighting a rear guard action about whether or not there.

Actually wanting to actually let the government default or something like that so we took a shot.

Of that debt clock earlier in -- introduction to this segment it is pushing sixteen trillion dollars.

-- of those speaker of the house is talking about you know.

How we should deal with out known and what his plans are for the coming debt ceiling.

-- battle.

And the president is talking about gay marriage is.

Is there a disconnect here.

I think is a complete disconnect and I think that quite frankly that it reflects sort of the political reality on the ground.

And that is that that Republicans are -- very strong position right now as we go into the fall elections.

All they want to talk about is the economy all they want to talk about is spending.

And what we're hearing from the other side is.

A lot of this talk about social issues -- talk about contraception.

-- wonder the president wants to talk about gay marriage things like that.

Partly because he knows on the economy it's going to be a really really tough fight for him unless things get dramatically better very quickly.

And there's no indication that that's gonna happen.

And so I think that as this sort of you know goes along in the election goes along.

We're gonna hear more and more for Republicans Mitt Romney John Boehner and others talking about the economy talked about the need to cut spending in Washington.

And I think we're going to hear a lot of talk from President Obama and the Democrats about other issues that they hope will.

At the very least sort of abuse their their base.

Support.

You say Republicans are in good position but last time around we know what happened this whole thing got kicked to the super committee the super committee threw up its arms couldn't do -- -- And you get you know half a billion dollars in mandatory cuts directed at the Pentagon which haven't even taken effect yet.

-- I actually argue that that grew Republicans terribly mishandled.

The the the message issue in that last fight.

And and this time I think that they learned their lesson from that.

And what John Boehner is trying to do right now is make clear that he doesn't want the government to default and we'll be hearing about this for a good month or two.

And then they will turn to talking about all the cuts that you know it's so interesting the way people in Washington.

They think that did that every little part of the federal government is so vital it can't be touched.

It's also precious but you the truth the matter is when voters hear about you know clowns that GSA -- in Vegas to save the whole thing.

You know that there -- a lot looser about this -- About talk of of drastic.

Cuts to the federal government aren't Charlie heard it's good to talk to you we're gonna keep watch in this battle for sure -- --

Load More