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Honeywell, GE warn of fiscal cliff

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    New York Congressman Eliot Engel weighs in

  • Duration 2:52
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Well let's just in the warnings just keep -- again to the largest American benefactor is now warning about this fiscal cliff Honeywell GE.

Raising concerns about -- gridlock had -- in negative impact it could have on pretty much the entire country.

But this is both parties continued to delay those crucial decisions severe democratic congress and Elliott -- Congressmen.

We're going to get a deal.

I think we're gonna get a deal because I think we have no choice and getting quality and I've heard that before.

Well I I I think that congress needs to do its job and that means both parties need to do its job and we need -- -- media meeting of the minds in the sensible center and I hope we do that.

But part of that is waiting election results and I didn't do editing before it was election results because each side wants to leverage off its -- -- it.

Well yes or not scheduled to be in session until the week after Election Day.

So obviously we can't do anything until then.

And then we have a Thanksgiving break but I suspect will be in session has have a lot of most of the -- -- made a lot of -- well the Democrats say -- my college Democrats say we didn't wanna go home we went into them.

-- he's these problems before we went home -- home.

All of that don't we know there were not resided there really are in the minority Republicans a -- wanted to stay in -- cuts and Harry -- and now we're done here so come on come house Democrats want to -- K -- If you say deals it's a lame duck session that's got to do it yeah.

What a lame duck session agree to letting.

-- The rates expire for the wealthy.

Well I think what's likely to happen is is likely to be pushing it back few months.

I'm opposed to pushing it back to a great period because I think we have to stop kicking the can down the road you know.

But the argument was for delaying a couple years ago because economy is weak -- weak -- and we were that.

Right well you know that this whole sequestration was a stupid idea I voted against -- we had this silly committee that heads around it away from -- back up backbone.

No no I'm my positions been constant -- And you hated it but I think there was a resume -- everyone's -- and only I didn't agree your I voted no and I'm not I don't know what you know it was agreed to.

-- everyone signed onto it you -- well right I don't think they're gonna honor.

Well everyone saying oh my god -- my very you know Republicans want cuts but now -- their defense cuts there.

Putting -- you've got a little bag I don't I don't doctor Bolton locked onto an idea what -- -- why we have to get together we have to budge an all right sort of Mitt Romney is elected he says stop this defense what does though it handles it.

I'm gonna listen with a sit down -- -- -- -- -- -- -- meeting with business leaders this morning in my district -- -- the same thing with all the uncertainty.

And their -- to do anything that -- and that hurts all of us not just Democrats or Republicans we've got to get together and finding meaning of the mine tonight I -- here I predict that we will.

The fair and balanced congress and annual fine State of New York Rand Paul tonight on fox.

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