This transcript is automatically generated
Raising taxes on anybody.
When you're trying to grow the economy is a good thing and in fact think about where you're doing when you tax people more you're allowed Washington spend that money not the people that -- it.
Have always been on the thing that you ought to let the people that are in the money have more of that -- we're allowed.
Keep it so that they can put into its most -- news.
That was house majority leader Eric Cantor from the commonwealth of Virginia.
Talking to the Fox Business channel be wise -- folks at Fox Business channel about he and his party's effort to get back on offense when it comes to talking about jobs is this summer slowdown continues and -- parties are locked in a brutal war over the course of the summer with tax increases.
Budget clips and all sorts of problems just over the horizon the Republicans are eager to put it better face on the situation here in Washington.
And this is power play bread and -- with this bill.
We've date and we -- still we've is that we're gonna go lobster roll we're gonna go regular -- you're gonna go for the role like Manning's little paragon.
-- who you know who can help us figure out not our menu options but in fact our political options is rich Edson.
He is he is of the Fox Business channel and he is in Richmond whether -- and welcome.
A brother star although real pleasure to be here.
Quite so quite so now what what the heck is their -- are talking about nobody's going to pass any legislation or that.
Don't know at least not.
And I and I think we all know that button -- -- -- at least.
Passing legislation we asked him to respond.
To House Minority Leader Nancy policies requests.
To keep taxes where they are keep tax rates where they are for those earning less than one million dollars a year it's a concession for Democrats.
They be going to increase taxes on those earning.
More than 250000 dollars a year and -- say no dice here.
The economy is in no better shape -- very little better shape -- -- wise a couple of years ago when Democrats or Republicans got together.
And extended all current tax rates known as the 0301.
Tax rates or the bush tax cuts for two more years -- we.
Are faced with this he says he'll entertain offers from Democrats on this but it sounds right now the positions are out and guess wide.
Neither side seems to be budging here.
And there really is no incentive for either party to really get in negotiating until they know the congress and the White House will be facing -- -- -- thirteen.
Now interestingly enough -- district the horror they -- in suburban Richmond -- it stretches up on the north side.
Is one of the most important parts of the country.
For the presidential election it's part is it includes a regular Kandahar and -- -- one of the big swing counties in Virginia suburban.
How much of this is -- at the Republicans.
Trying to make their case to these suburbanites that they're not being obstructionist.
They're just trying to make it better.
Absolutely and that's a huge part of an end today.
Majority leader cantor will be here in this suburban more suburban area -- Virginia talking -- Richmond Virginia talking with small business owners.
And out -- with a small business tax cut that the house is -- Design all these other initiatives that they're looking.
-- to show that there is a sensitive of bipartisanship.
That Republicans aren't these obstructionists out there.
-- when it comes to raising taxes they're not budging on this one and they're trying to make the case that you may not make a million dollars a year or more.
But still if we raise taxes on those who do.
It eventually gets to you by way of slowing down the economy.
Rich -- stay out of the -- -- -- until you're off duty and have a great day.
I'm making no promises kept -- No promises from Richardson.
Nobody cares to two the -- -- I won't won't go back to my -- -- of sixty minutes ago who told us that no one K years.
Is there a way Casey blows he puts forward position that will never ask Eric Cantor -- sort of position that will never bat.
The amount of pages written -- legislation due to bail your -- right we're right we're selling a lot of trees that.
Does any of this stuff actually escape the gravity of Washington and get out into the national discussion.
It does but we have to start talking to the American people about things that matter and it's a government that spends too much into government -- can't get a budget together with the average American sitting around the kitchen table could operate without.
-- -- And as an effect they're cutting back their budgets because of high gas and and commodities inflation is rising in.
There housing prices are going down we still have a high mortgage.
These -- things Republicans have to countries that legislation we all know the American people know nothing's gonna get done right so don't.
Talk about doing things that the American people know are gonna happen talk about the things that will actually matter to happen and that's a new government.
That's responsive to the people that doesn't spend more they take and that's the kind of -- them right.
Is that very -- -- you believe that government can work I know if you believe that it is possible to solve problems and all of that stuff I let my road right -- island.
-- pave the roads okay fine now.
The question though is.
Perfectly logical though that we be gridlock right now we had to we actually had three successive wave elections.
That gave us it divided congress -- -- the most liberal president since LBJ we have the most conservative house since the 1920s.
This is that this is when we.
Maybe -- -- and this is this is that the framers made -- mean I was not supposed to be age congress story Eric institutions.
Where -- -- going to be harmony it was built on chaos and they wanted to vigorous debate what has happened now we can talk to the process about different things that we don't change.
We are in and it profoundly -- -- -- unfortunately.
You know amateur forget how many times -- been ascendant and the various senators that.
Which is the easiest you know on on -- standards need to do listen the for an extra -- -- matter.
Charlie and and then on to bills of the other side -- -- vote if we can use it in our 32 -- we're now in this battle of 32 massive get out there you know and kind of -- each other and -- most negative light is sitting eating out and had a constructive conversation -- is gonna take leadership from both president whomever the next day losing his.
And also the speaker in the end -- the -- within the house's attitude really truly have.
A constructive conversation and unfortunately.
The only thing -- get you there is -- absolutely deadlock that deadline is -- there's a right to a debt ceiling is that where you.
To make the decision so until then it'll just all the kicked down it can't until they're absolutely is a very very critical -- they have to make -- decision.
Now because of these life long he's been long lifespan have elected politicians.
We have actually wait for the bread the framers intent who who expected these clashes but that it would they wouldn't just be sitting around all the time fighting for no reason that they would go and the battery each other with -- and then go home.
They were worried about the arguing they were worried about.
Now we're approaching something -- more like a parliamentary system -- win you have to win everything to pass anything right.
That that's exactly right and I think that this is going to be another wave election.
I think the American people are are voting.
Each election cycle hoping against hope that the next choice they make is going to be the right choice and sooner or later the day of reckoning is coming -- and he.
Correctly said we only seem to act we have to act right there heady things that are.
Right on our doorstep now whether it's our deficit whether it's our entitlement spending that has to be dealt with other -- we -- to please -- -- France billion dollar -- so that's got to really does go when you're bound to sit out tonight -- Bringing -- -- get -- and we're starting to see this increasingly with this with these deadline to deadline to deadline it relies on.
And good execution it's not just that you can get it out.
But did you -- to -- he's the legislation has to get myriad it has to get here you get enough days to keep it on the floor everything all this stuff and -- on just one you can't just do the dock fixing -- -- are pretty.
-- -- you look at -- we -- -- you can't just do -- want nothing more analogous situation where we didn't have.
Do you need to have a grant park and we are gonna have to deal govern -- crisis phrases ready so I do it at home.
Thank you both very much -- -- that's okay had a great weekend.
We had a great show we were very glad to be back with you and here are two pieces of good news on the hunt with Jonathan Hunt will happen.
Right after this and now as we like you do every day we want to leave you with the word from our friend Charles.
-- -- there wasn't even a resolution there was a presidential statement of fact it was even a presidential statement meaning the president obscurity to counsel who was only presidential press statement.
And it was.
In -- -- has no.
Security Council resolutions are -- worthless.
To start with these are less than worthless a statement has no -- -- -- force of law.
And in fact the Russians weren't condemned to directly the language was weak.