Cut president's debt commission out of presidential debates?

This transcript is automatically generated

We'll talk is certainly -- unless of course it's about our debt I've a lot of Neil -- went box on top of an over the top.

Trillion bucks that is where our debt is quickly headed it's a -- residents -- activists and wants to cut.

But also lawmakers want to cut the decadence and out of the presidential debates you've heard me right so.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Isn't that a little -- Charles -- she's Allen Charlie gets -- up.

Along with Julian Epstein and Gary -- -- -- Gary do you first do you get a sense from this that.

Democrats are leery about this issue.

I get a sense that Democrats realize that they lost the mid term elections and a big way just -- -- of this issue.

If big deficits and the spending get front and center are that could be -- the pay on the democratic side.

The numbers are out of hand and obviously in the mid terms -- a lot of people that cared about what we're saying.

And it's not just about what's happened but the deficits are gonna grow it -- -- as far as the eyes can see going forward.

This needs to get from some in the Republican should not allow them the put it off.

It Charleston -- about which also want to thank you of course take it personally you know that's as that's not you -- as he did.

Very -- -- just now but -- show did air thank you very and I remember it is -- -- under -- Well we just gonna take a little children you're on its present you guys unable to -- -- not -- Olivia and I saw that night -- -- -- -- the wider lead again.

But I'm look -- the at this.

And I can understand I I was trying to get him out of the doubt here and I -- understand -- -- a lot of recommendations that they're commission report so in in a time constricted presidential debate if you go through every one of them.

Or even or did you like this deal like this you know you can get targets and so -- give -- that.

But is it really matter just dodging -- together.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Yeah it's not a -- I did get there -- but here let me tell you.

This is the giant elephant in the room belies what the Simpson boldly calling an elephant Charlie.

-- in his work out on the way melt really develop in the room and here's the thing Washington has the yellow streak how many people in Washington on either side in the Al.

Have really come up with any sort of a plan on this thing.

It's it's it's it was a great starting point you don't have to agree with it.

It's a launching pad it's a starting point the two parties that have been so afraid -- only a handful of people have had the guts to stand up and say.

We've got to do more than just talk about this if you would dig in would you talk about.

Absolutely I think it's safe to say hey Simpson Bowles plan Mr.

President your commission put together by your budget former budget director Peter or -- that.

Name one thing in there that you liked that you would get behind and -- wanted to they're Democrats don't want to do it.

Because it was his commission and he did not act on it and it did not have -- it.

What the Democrats really wanted and -- -- a value added tax to raise red.

But you know I could senator rounds only gets -- say all right well Mitt Romney.

I'm human kind of waffling on the state commission work what about -- -- I could see both sides like look we don't wanna get the particulate.

But Mitt Romney's running mate who is -- not running for president but he sort of vice president did not every -- it wouldn't you say.

And who in Washington did not support the plan well.

And it was a member of the commission cannot put Paul Ryan put out his own plan that was praised by Erskine Bowles head of the the -- of this commission right.

If you're saying that what is where some of the people in Washington -- that had done something about this whole ride -- he's on the ticket.

That's the problem that the Democrats had any time you nationalize this debate.

They will lose because you have -- right who's a very very effective at talking about these big national issues do -- and.

I don't think this will.

Pass Muster regard -- -- to Getty.

Our presidential debate commission worth it salt that even if they might be politically inclined seem to be sympathetic.

Would would allow this so I -- -- the condition issues are gonna come up.

Then what.

Well I mean I I think it's setting up a false argument here -- what are two Democrats have suggested this I think most Democrats.

Would want to have this debate why is that because the Simpson Bowles commission.

Came up with a plan to cut four trillion in the deficit through a combination of spending cuts entitlement reform and tax reform.

President Obama didn't support all that but he supported a lot of that he publicly indicated that he supported much of it in fact.

During the debt ceiling negotiation last August August of 2011.

The Simpson Bowles report was the basis for where the president was in the discussions with John Boehner and he's publicly embraced much of this now contrast that with Paul Ryan who voted against it.

And whose plan does not balance the budget he even concedes his plan.

Well it doesn't value as -- -- but I don't know why we look at this and I just remembered.

Global Ryan's cost savings no one was cutting editing your your talk about slowing the growth of government by five point 63 and under.

Ryan's plan -- Fort Lee and under this commission -- the bottom line as.

It wasn't as if they were either side -- being the coney.

No that's not correct you're talking about 200 billion dollars and been spending cuts.

And you were talking about trying to bring it and you're -- anywhere we're talking -- right yeah because you're wrong I'm wanna make this clear.

We're talking over ten years were still going to have.

More spending than we do now I just want to make that clear.

But not as a percentage of GDP and I don't announce an accurate accounts okay but did but you look at look at -- that's -- you look at these things you look at these as a percentage of GDP.

Because that's how you figure out whether you're increasing or decreasing the debt.

As a percentage of GDP taxes would go up as a percent of GDP spending would go down.

That's how you get deficit savings and they're back in the -- -- don't believe you don't believe that the president left the -- condition at the -- And stranded.

Bowles and -- no I do not believe that -- has to be president -- they -- because the president no no I don't think I don't think so -- -- I think that the president during the debt ceiling negotiation indicated that he would embrace most of that it was -- Boehner walked away because the crazies in the Republican Party said they want.

Ultimately I'm the not revenue was -- yes this facility is -- -- cars are.

Let me let me finish the point crazy -- -- citizens balls.

The Simpson -- report called for tax revenue increases so the Republicans in the house says no way harder when they don't want to wait for that so did the White House.

-- video agreed to bringing down all the marginal rates.

Would ever do that crime that.

How do you make Simpson -- work I tell you made the Ryan plan work you bring down the rates.

You plug the loopholes you get economic growth President Obama would never never agree to anything that brought down marginal tax -- but you have.

And luckily you do it didn't mention -- -- -- when I will say that's and I think there is enough blame to go around.

Both parties were very skittish about this commission work and divorce themselves from it.

And I think that there was by and large that dealing that the commission's work would be a nice leather binder talked on itself gathering dust in the end.

But -- got bomb -- -- the mid term elections that's what it was all about people being upset both -- remember any incumbent on either side of the aisle was in trouble and they should still be in trouble I here's the point.

The president controlled everything he had the world at his fingertips if he really embrace this it would be on its way to being -- -- He had congress he had.

Islam and laughable ought to blame John -- you know they're -- get tax reform in the last year that was really gonna happen getting rid of mud get -- a lot of these deductions and lower in all of marginal tax rate -- -- -- -- the problem.

Here's the problem.

For the president the Democrats right now.

For two years they -- unfettered to do what ever they wanted to do.

And also before this -- before the president -- He said he was gonna do something about the deficit there's quotes all over.

Of TBN YouTube about.

Going line by line and not treating taxpayer dolls like monopoly money instead he went the other way.

He's gonna have to argue that back and there's just no way of re arguing -- but -- -- your eye isn't anything about it.

They'll have a digital because during.

During during the debt ceiling negotiation when this all came to the -- the president put on the table.

The Medicare savings in the social certain Social Security savings many of them that -- in some symbols in the speaker of the house would not go anywhere when it came to revenues.

The union and president well.

And we want to point that he's literally got away because the president doesn't the other -- throws aren't dominant his stuff -- stop now because you know we talk over each other.

You give me a headache and you almost affect my appetite you don't.

Aren't we don't want I don't --

Watch Live

Cut president's debt commission out of presidential debates?

Details

Clips

Editor's Picks

British PM David Cameron vows to never give in to terror

Did IRS official wave Fifth Amendment rights at hearing?

Biking with Bush: Wounded vets join president for ride

Did Benghazi attack derail Romney's presidential campaign?

Ft. Hood shooter still cashing his government paycheck

Does your insurance cover disaster?

Is the Obama administration not pursuing Benghazi clues?

A closer look at Lois Lerner's record

What is the White House really up to?

Gutfeld: Department of Justice vs. Fox News

Rubio: Administration has fostered 'culture of intimidation'

Shepard Smith tours tornado damage from above

Transcript

Recommended