Also in this playlist...
This transcript is automatically generated
-- is time for the Republicans to move past this happy talk about revenues.
-- defined course.
And put specifics on the table.
All right did you just hear it registered list.
I'm happy talk about revenues.
Heavy -- well I I do not being led Georgia Republicans up prices to ask you about that characters it's -- happy to.
What do you make of that.
Well not at all nail I'm stunned at the happy talk that they that the Democrats haven't the president has -- in their -- -- to raise taxes and effects if it seems like they wanna raise tax rates more than they want.
-- vibrant economy.
Look -- we're actually in revenue worried stated in spending reductions because we believe it will revitalize the economy and create jobs.
If tax rate increases created jobs we have a -- the jobs across this country the fact is we don't we need to do what gets jobs and that's not -- Saying no no no to any.
Adjustment in that top rates and that is a nonstarter with the I'm saying what we are etched in is a real solution raising tax rates doesn't solve the problem -- that's not enough or it's not what I gets a chance Tony player has.
And I -- If if it's if this latest offer apparently from the -- but -- seriously considering.
May be splitting the difference between the top -- where it is now -- 35.
And with the Clinton left -- rate was 39 point six maybe make it 3738.
-- Tom price reject them.
Absolutely because it doesn't solve the problem it doesn't even get us in the right direction -- it moves us further away from the right direction of any -- -- -- nights you.
Great -- it it is unacceptable because it doesn't solve the problem the president has already know you only know the pressure -- -- your revenue.
-- -- to wait wait wait we have put solutions on the table through our budget through closing loopholes limiting deductions limiting credits all the kinds of things that -- -- Our budget we have we have solve the the the sequester problem through our reconciliation package.
We put on the table positive solutions that actually saves strengthen and secure Medicare Medicaid.
And social security and the other side refuses to come to the table with any spending reductions whatsoever the president's turn it's your move Mr.
President let's go.
-- I think you're suddenly -- -- that there's been an -- owners the mainstream media on Republicans they are it will give us specific to your plan.
When we're not seeing comparable specifics spending cuts your point is well tonight.
I do want -- they'll get a sense from you when you say.
Open to other ideas on revenues like closing loopholes limiting deductions.
Write -- that sort of thing.
The president's folks say it's gonna have to at least equal the revenue we get.
From reverting back to the -- -- -- rates.
Could you and would you indoors.
Limiting deductions -- special allowances to the point.
That they presumably -- the same amount of money we get returning to the Clinton.
-- -- -- It depends where the spending reductions are remember this equation is part revenue.
And part spending reductions the president had previously said he won -- three parts spending reductions to one part revenue increases tax increases.
Where are the spending reductions that's what we need to see and then we can talk about the specifics on this side.
So when you weird Chuck Schumer talk about when you already made some painful.
Spending decisions that should be I think -- -- -- factored in to these talks and discussions.
Isn't that double accounting isn't that repeat -- your what were already agreed to cuts.
Absolutely and -- and that and that's what they tried last time look that the spending reductions that have already occurred happened and haven't reduced our deficit remember we still have the president still has a trillion plus.
-- -- dollar deficit for this next fiscal year he's had for the passport he's got for the next four if it if he follows the same course.
That's not a road to prosperity it's also not -- road -- job creation -- -- -- -- -- to congress and.
Here if you just bear with me I -- -- be very clear.
You guys don't -- that as Republicans or do not appear to be on the scene.
Page -- are you saying that your view hiking their rates were dealing it -- just in it anyway.
Is is is now universally by.
Your colleagues -- we already know a couple of bolts at all from that but that that you're gonna hold in lock step on that position.
Look there is -- universality and are in our conference they're 240.
-- -- and in and that's represented so their 200.
Forty different opinions but I have a large the majority of us firmly believe.
That raising tax rates is counterproductive and doesn't solve the problem -- congress -- always a pleasure sir thank you thank stamped with.
Filter by section