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Elephant in the room?

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    Debt clock to hit $16 trillion during DNC

  • Duration 5:26
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Respected across the sixteen trillion dollar mark that's more than I have in my checking account and smacked him right in the middle of the Democratic National Convention but right now.

The Obama campaign seems to be placing blame on Republicans for exploring the debt was.

They are not credible on the deficit.

Paul Ryan stood on that platform and he looked up at that deficit that bad debt clock.

And he made no mention of the fact that he bet he voted for every single one of the policies of the last decade.

That are at the root of the explosion of a debt.

Two unpaid wars two -- -- tax cuts in unpaid Medicare prescription drug program they have no standing to talk about deficits and their plans today would explode them in the future.

Joining us now is rights free -- that chairman of the Republican national.

Committee good to see you -- a good morning guys funny response to David Axelrod because it was it was the brainchild of your organization with that deck caught up at the RNC.

I'm sure -- -- -- first of all I don't think anyone so there's plenty of blame to go around but the fact of the matter is is that the president put the -- on steroids.

-- -- in three and a half years through the debt.

By 51%.

So.

Clearly the Republican Party.

And an and quite frankly if anyone has standing -- talk about it Paul Ryan because he's the one.

That put in spite of political -- a budget on the table that actually tackled the ten year debt window.

The president ignored the the the problem the president has is that is seen as a hypocrite on the issue he doesn't seem credible because he's the one.

That promise the carpet the world.

He's the one that promise that -- and that.

And the deficit halved the deficit.

And get the debt under control and he didn't do what he promised to carpet the world that's a good line well that's -- it premise that -- unfortunately he didn't come close and so.

In the end their biggest problem is in spite of the distractions this shiny objects.

At the end of the day it's all gonna come back to the facts.

And -- and the fundamental question are you better off today than we were three or four years ago.

That's their biggest problem and vulnerability because the answer -- no we're not better get -- but it seems that.

They have an answer for that is we've just seen from this morning on the Sunday talk shows -- -- -- -- -- -- the blame bush but the problem is is that when presidential run.

They have to put up for reelection they have to account for the record and helps them to account for the future.

And the question that Americans are going to be asking themselves as.

Is this next four years going to be different than the last sport so far the president has been able to answer the question what rights they're big criticism was that.

Fighting here in the present must have been watching the preceding year any plans.

He goes on he thought he was on.

Nickelodeon -- there today -- It all play like three -- -- didn't hear any plans.

Speaking miss something -- -- of course -- missed something because you know one of the fundamental points of Mitt Romney is that to take.

Spending which is about 25 cents on every dollar made in America today.

-- use around the federal government you want to take the 25 cents down that pointing back to where it's been for decades and decades and decades then.

He said he wanted to do small business tax cuts from 35.

Percent.

125%.

He talked about a 20% tax cut across the board for all Americans.

Talk about regulation reform talking about simplifying the tax code -- the problem that the president has here.

Is that.

If people think that you're stuck in neutral.

And can't get the car in reverse -- what makes you think that's going to be any different over the next -- -- -- that's a fundamental problem we appreciate you adapting vernacular itself.

And that's okay let's -- of the lemonade out of that invited the other Briton David Axelrod said yesterday that you know Mitt Romney's got no plan the president does here's mr.

Axelrod.

We also need to take steps but to grow the economy in the long run -- the question is.

Do we do we do that by cutting taxes for the wealthier do we.

Pay down our deficit and invest in things like education and training research and development and innovation.

Clean energy technology infrastructure of the things we know we need to grow the economy the president has a balanced plan for the long term as well as a plan for the short term governor Romney has neither.

Well it's like people actually buy that.

And as -- the result of the RN CMR Riley wound up with any bumps so the answer the question are you better off.

You Wright's previous record date as today than four days ago the -- There is if you -- -- -- we definitely we're definitely better off and you know we're better off in the sense that.

People get to know Mitt -- a little bit less forgiving and around there on the par Paul Ryan meant.

And a from a David Axelrod comments here is that the president's been the president obviously for four years he hasn't even had given -- -- the budget.

They haven't done the fundamental -- and climate that was garnered him 97 -- zero that's true exactly but he.

You know he's -- -- the proposed trillion dollar deficits the biggest deficits in the history of America -- his.

Actual record.

There's a lousy on the subject of governing in this country in fulfilling the promises he made.

Four years ago I mean.

But we're we're running -- see our in this country with a president that ran this country for two years of the house and -- senate.

And that they've got nothing to show for other than a terrible economy.

-- -- we site on in Tampa and now we're seeing here in North Carolina right to be in the sense that it is the largest city nice folks advocates would be again -- -- appreciate it Rory.

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