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Are Republicans really done compromising on the fiscal cliff until they see a plan from Pres. Obama and Democrats?
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The fiscal clear its theater and nothing more and nothing less it's a game of political action and involves the and it will result in eight winner and eight loser.
Our ultimate goal is an agreement that gets our long term deficits under control the way that is fair.
And balanced.
The president really wants to reach an agreement is to be talking with -- members of his own party right here in Washington.
Trying to broker an agreement not out there far enough crowd and giving speeches so we all know that we've had a spending crisis.
-- announcement Friedrich.
And it has to be dealt.
In order to try to come to different -- and Republicans are willing to.
The president and got the rest of the series.
That they're spending problem.
-- The point is there is no economic growth being discussed in the fiscal cliff argument on this solution that's not.
There is -- world economic growth not possible with what's being proposed.
That just exact opposite Obama doesn't care about economic growth in terms of -- Transfers.
Redistribution.
It's obvious does that and -- he's gonna have to stand behind.
Some significant changes in entitlement.
I think what they're asking this where's your plan.
Cassidy an agreement I don't -- Everybody knows what.
Really sorry for my sister.
-- -- -- -- And that work is being done and then everybody needs as the president said.
Agreed in principle with comparable compromise will require tough choices by everywhere east side we have done our -- We have put revenues on the table something that we.
Didn't do two years ago during the high debt ceiling negotiations.
Hi I am ready and able and willing and excited it's.
A go ahead and get this issue -- -- In a bipartisan fashion.
So -- -- American families American businesses have some -- -- -- -- going into next year.
This is not the fiscal -- is not -- long term solutions to many things -- the fiscal cliff is not about solutions period.
Real soon.
Here is political gamesmanship yeah.
Tonight Republicans have a sizzling question for -- Obama what is his plan senator John Cornyn putting that message into a video.
-- -- Johnson is on the Budget Committee judges Canadian cents.
But Greta I don't people -- very well thank you for ask you what you understand to be the president's plan I'm curious the Republicans have -- revenues on the table where do you get those revenues.
-- -- -- number of Republicans certainly.
So they're willing to consider that yes.
They see the other half -- presence promised balanced approach you what where's he going to.
Start restrain the growth in government so that were open to working with anybody who's willing to announce the problem.
But I -- where it wasn't -- blink first -- we get first -- let me tell -- where you should get revenue -- -- growing the economy here you just couple numbers.
Already in this meager.
Economic recovery.
We've increased -- federal government by 344.
Billion dollars if we just returned to a normal economy like we had in 2007 under President Bush.
Where revenue was eighteen point 5% of our economy has had about a fifth year average -- -- other 400 billion dollars.
Per year's total 750 billion dollars a presents for polls right now hi assessment that is about -- five billion dollars attempt to -- economic growth.
Is ten times more effective -- raising revenue problem with punishing success the problem presence proposal he'll put that economic growth.
At risk but I mean I think the best question really is what is the -- plan -- what's your plan.
Feel this is returning certainly how this economy -- plan to wrap up the economy -- plan for spending cuts.
A plan for reducing the deficit deficit which actually would return certainly the economy restore confidence.
Which would help economic growth.
Punishing success will not do that temporary tax increases don't do as well.
You know it's instant it Ellison's at a game of chicken to see who's gonna blink first because I I can't trio at the public Internet analyst what you need and race in understand an instance of the broad principles but I don't have sort of the nuts and bolts that.
And I hear the president say that he's ready willing and excited to have by -- but I don't come -- I don't know what his plan as the other.
In any any guy he doesn't hit his his budgets for -- -- -- polls solutions C mutual security or Medicare his last two budgets have been -- around three times.
Zero to 610 you can get Democrat senators or house members vote for his plan so.
We haven't seen his plan and that's real tragedy the president does I think it's incumbent on him he won.
It's time from the government it's time for him to show the American people his balance -- talk about it all the time we know -- wants to increase revenue.
But last year's budget yes it was a 1090 billion dollars large.
You raise revenue -- Sony five billion dollars about 7% of that where's he gonna get the other -- 83%.
-- -- a reduction in and really what is his plan for restoring growth economy we've had miserable economic growth under his policies.
Server running out of time and I'm very hard both sides the Alice because we've done about this problem since last July or August of last year 2011 not a not six months and nobody did.
A lot of credit Republicans have passed too but -- house -- they have.
I bipartisan plan to save Medicare we've passed country I don't receive voted for things the American people know where we stand it's time for the president put forward his plan.
I understand that and I'm harsher on him for not having a plan at all but part of leadership of both sides the app is you know the other side is a problem.
And I realize that he hasn't put his budget I know senator Harry Reid for whatever reason pocket vetoes everything you -- to -- on the floor I got that but one of the promises that you still as a leader to figure out a way to solve this problem to get to get him to get a plan.
To figure out to work out a solution it's not enough I did my work and I want good.
But he is the president he needs a -- he -- I have an underdog and look at you know I've been in business in -- -- negotiator somebody good faith I know what that feels like this president he's just moving the whole course.
We know now they're saying you got increase and increase the debt ceiling on top of this he's talking about a second round of of tax.
Reform it's gonna -- again increase taxes make you want to pay a little bit more I mean if he keeps moving the goalposts and now the Democrats saying entitlement reform is off the tour.
Senator Reid says said that the deficit has been part of it any I think is a little late to be talking -- -- a -- -- will probably I'll hit it probably the end of December and don't go really have an impact as a federal and people are hoping to get their tax refunds and -- -- -- nobody but I'm curious in your view would -- is there any way that you would vote to raise debt ceiling.
Know -- there.
Look let's listen what are what I would do is a Mike I'm not gonna block and what we need to do.
As we need to restore confidence we need to remove the uncertainty in this economy so.
-- -- -- -- -- -- -- What wanted to be put a lot of what I would do personally -- okay.
Hey Democrats what what we did last time was -- cut we passed cut cap and balance which did increase the debt ceiling but have the solutions the problem.
In you don't let it balanced budget amendment a cap back staff surely would limit the size of government and actually cuts and spending -- -- valid because a recent that was a good plan and that also -- guessing we should do the same thing this time but.
Democrats won't go along to americanize SO what I recommending is we don't block them who say okay you guys can increase guessing but no more than a trillion dollars.
And no more revenue -- what is your plan for reducing the deficit if you can increase the debt ceiling -- we're gonna.
-- -- -- -- And that just don't have the discussion when we have been to some extent to -- the same discussion.
-- -- -- -- -- -- -- -- -- -- -- -- -- And Greta we should.
If we're gonna continue to incur debt and piled up on the best for children grandchildren there should be a plan attached to that for limiting the growth of government because we really do the spending -- problem in this country.
Again broke pres Obama said he's gonna raise taxes by -- five billion dollars.
The the deficit is a 1090.
Billion dollars large where's the rest of his plan he has to show us is planned.
I just came for a meeting with a bunch of house members what they'd like to do is extend.
All current tax rates permanently that brings certain economy.
Get a substitute bill for the sequestration.
Take that off the table and then work with -- Obama in a bipartisan in a bit of good faith effort.
To get pro growth tax reform that would actually work and then of course -- got the Ryan budget.
The spends seven trillion dollars less than the president's budget.
That would -- -- -- sort of control restore the confidence -- this economy needs senate can I see you thank you.
