Gingrich to GOP: Stop negotiating on fiscal cliff
Former presidential candidate thinks Republicans are giving Pres. Obama, Democrats leverage, that the fiscal cliff is like a 'fantasy'
Nov 29, 2012
Former presidential candidate thinks Republicans are giving Pres. Obama, Democrats leverage, that the fiscal cliff is like a 'fantasy'
Nov 29, 2012
Also in this playlist...
This transcript is automatically generated
You want to go after rich people.
Go after yourselves.
Democrats start with your own perks Charlotte you've got some skin in the game is -- blame and everybody else no substantive progress of the -- talks.
Between the White House in the house over the last week.
We're not going to kick the can down the -- We're going to finalize this this year.
This is no time for -- -- gutless is that the blame the taxpayers compromising his necessary in the democratic process.
But if we come together we will make this challenge and we will make this session of the congress not a lame duck congress.
But they flying -- -- this is this an upbeat jobs are on the line.
The American economy is on the line we've got to reduce our long term deficits that's also important to long term economic growth.
And we have set we need to do that.
In a balanced way how -- visit the blame the people who are still working in this country.
The only reason Democrats -- personal right to write this because raising -- on the so called risk.
-- it holy Grail a little.
Asking for it -- a political price being paid.
In order for congress to do his job.
To ensure that the United States of America pays its bills.
And does not to fall for the first time in its history.
He's deeply irresponsible how gutless is it to blame them for the problems that exist in this country.
-- -- and job creation there appeared well that struck.
Right now -- -- from the White House.
Country doesn't need a victory left it needs we've.
Obama has said that he has pen in hand and he's prepared.
To sign the middle income tax -- And to say they're still not paying their fair share of the people working have to pay even more.
-- -- -- -- -- -- -- -- -- -- -- And former speaker of the house Newt Gingrich joins us he is the author of the book victory at Yorktown -- see mister speaker.
-- to -- with -- I tell me why you telling house Republicans to quote get a grip.
Well I think this whole fiscal Clough.
Is designed to maximize a sense of fear.
That's nonsense that the very same people the congress the president who invented the fiscal left -- -- all of invention.
Could break it down into twelve foot hills.
There are fifteen foot hills or twentieth what else they could tackle one problem at a time.
I agree with what I understand senator Jeff Sessions a -- I think you'll be in your show later this ought to be out in the open.
Where we're rushing towards a secret deal made in secret meetings where nobody will know what's going on.
And then people they told boy if you don't vote for this will go over the -- well.
I think there are a lot worse things than going over a man made cliff that I think is entirely artificial.
And I think that the reality is the president and states.
Has not come forward with any serious spending cuts was the Democrats are proposing is to take the tax increase now.
And then sometime next year eventually possibly we might have some kind of entitlement reform that's a really bad deal for the American people.
Well I don't know if it's also deal than an inexpensive realistically be captain anytime any -- made today in Washington.
Is amended next week and the week after or not -- a -- say -- it let you make your -- right now and you hope that even in last the last through the year that right.
-- and that the only way guaranteed deals as you actually pass amend the law that's a lot harder to a change of and and my only point is you know if if we had a game in every time the term fiscal cliff came up people had a donate -- dollar does something you'd be amazed at the course of the week -- -- how often hasn't been repeated like a mantra.
I compared it to a great essay by Tom Wolfe called -- -- the flak catchers in which people -- and made noise in order to get their way.
I think we ought to recognize this entire fiscal -- Is an artificial invention of Washington created by people in the congress and the presidency.
And it can be broken down by them into a series of steps that can be taken without having to be rushed into one.
Gigantic the last minute little understood -- no hearings one vote up or down -- isn't terrible way to govern the United States.
Well worn out there the sequestration deadline is coming up the first of January what people are saying on Capitol Hill and the president is saying and some economists are saying and may all just be scary step but that.
If we go in this fiscal cliff that all sorts of things happen that they'll be another recession or go deeper and doing our existing wanna play an existing one.
The -- job loss the markets will crater -- -- that all these are all things are gonna happen should we go over that -- club even though it is created by the fact that the president.
And the house and the senate failed to do their work -- a year and a half ago and pushes up against system on your thought.
My thought -- -- -- to pass a provision to just extended ninety days they could break it down into a series of projects.
The Democrats don't seem to want to deal with the really big entitlements Medicare Medicaid there are eighty different entitlement programs that are income adjusted.
Eighty different programs that could be block -- has sent back to the states and you can save money.
There's a proposal to allow the federal government to actually develop its own oil and gas reserves that are available on federal land.
That would yield over a trillion dollars next two decades.
That's revenue but it's not a tax increase now apparently for liberals if it's not a genuine tax increase.
Revenue you just get by having more money doesn't count.
There is a proposal to apply the same standard as Visa Mastercard American Express to paying for Medicaid and Medicare.
That would save between 700 billion and trillion dollars.
Over the next decade and these are real change is what they're not change as you're gonna get.
By rushing up to a final last minute deadline and passing some kind of politically hammered out bargain.
And frankly given what I've seen -- Democrats and senate.
They're not gonna give anything.
-- they want is a paper spending side that has no meaning.
While they get real tax money on the other side that has permanent -- I think it's everything I've seen so far this is a very bad deal.
If your tax paying conservative American.
Well I've learned -- White House proposal the official one tonight there are at least one that was a proposal and definitely my colleagues.
And and what the White House's proposed among other things is extension of unemployment insurance.
White House proposal for refinancing underwater mortgages a multi year stimulus package starting with -- at least fifty billion.
Their package has more explaining where we -- I hope Oilers for the White House to come up with expenses when -- these may be things that we.
We might need of the people might need but it's surely not cutting one that there -- -- there owns suggestion has added I'm more expenses.
My my advice to -- supposedly to take a page from Tip O'Neill.
In 1981 to go back to regular legislation.
Start passing bills that actually have a positive affect.
Send them to the senate of the senate Democrats want to block on the left the senate Democrats welcome.
But this idea that that some kind of phony negotiation of the White House it's clear the president has a sense of hubris from his victory.
It's clear they don't want to do anything that serious.
How can you -- a serious conversation about quote the fiscal -- when the president is proposing to make the long term deficit bigger.
And as saying once you give me an extra fifty billion dollars in stimulus.
Particularly -- if you look at they get the information is coming out.
On how they spent a solar power money it is a scandal.
How many billions of dollars they -- appropriate supplied.
Two lost causes and how many people got a rich out of government guarantees.
Promptly cashing out as soon as they got the money.
I think congress -- -- slow down.
Have a lot more hearings and a lot more mark ups and produce a number of separate small bills.
And then let the senate Democrats decide -- they really want to go into 2014.
As the obstructionist senate.
-- -- they wanna take up some positive legislation.
And actually try to get something done.
So let me ask you can also record as saying that quote we don't need a quote surrender caucus I guess that was sort of shot across the bow.
At the -- house Republicans that they are surrendering down to the present -- giving an.
But found it yet if they take your advice they've got about 304 weeks left.
Before we hit the so called sequestration.
Or fiscal -- -- suggesting that we -- -- But go over -- -- -- all just.
-- -- -- sadness and the speaker Boehner.
Is backing down at all on every Simon he's indicated.
A very personal possessions so what I said -- -- in general to both house and senate Republicans.
And do some of the members have had this attitude oh my gosh we've got herself something we've gotta serve somebody of my question is why.
The next election is two years from now.
It's not next week it's not the week after you have time.
Take advantage of the time do the right things for America.
Don't worry about the politics of -- -- don't worry about the Grover Norquist politics and don't worry about the Barack Obama politics just doing you honestly believe -- And the house ought to pass what -- -- in the house actually can function so what can send lots -- -- to the senate.
And begin to build up a wave of energy -- the -- to says.
But the Democrats in the senate and we -- obstructionist that none of these good ideas none of these reforms none of these efforts to save money you're gonna get through.
I think after a couple weeks said begins to build pressure on the sent.
But what's happened right now is.
The Republicans are surrounded by the news media and the Democrats who are creating an artificial standard and basically saying if you don't sell out on taxes -- bad people.
Well I don't think they should accept that standardized set by liberals who are proving as you just pointed out the president saying tonight they wanna spend more money.
They're not about to -- do anything that helps with the deficit they'll want higher taxes to spend even more money.
To put even more power in Washington DC to have an even bigger bureaucracy.
I would say one -- and that does rather surprising today secretary treasury Tim Geithner.
Permanently ending congressional purview over the federal borrowing limit which -- -- I suppose is another way is.
Is saying give the president and any future president.
-- credit card without a limit without without any congressional oversight is that how is that how you see that.
Charlotte and if you if you -- a liberal and you wanted to run up the biggest possible deficit you'd sure like to quit having to fight regularly over the debt ceiling.
Frankly the congress ought to move in the opposite direction.
And start hearings on oversight of the Federal Reserve which is put far more money.
Into the economy then than the treasury has now which is wielded far more economic power -- the treasury.
And I think -- amount of power that Ben Bernanke said as chairman of the Federal Reserve is totally inappropriate and a free society and deserves it and deserves it he's been again.
I would have the house Republicans organize virtually every committee and every subcommittee.
To have the largest wave of hearings in 2013.
So the country begins to learn how inefficient how wasteful in some cases how corrupt.
The entire system has become.
And we get this information out in the open that will increase the public desire to cut spending rather than raise taxes.
I think the American people even realize how what kind of a county Washington does take if they want to make something seem big they -- it -- ten years.
And so they say innocent and multiply it ten times it seems like a -- And that they consider -- cut if let's say for instance in the six -- that ten year program.
That they reduce the amount of the increase that they originally plan.
That's considered a cut and -- it that way that they do the number crunching here on Capitol Hill Orr in Washington is actually makes you makes your skin crawl.
No one of the things be attached to to any kind of debt ceiling is to end baseline budgeting which is what you're describing.
And go back to -- world the rest of us live in where a one dollar increase is called an increase and one dollar cut is -- -- cut.
And as you just pointed out the current models of Congressional Budget Office is an engine of liberalism and an engine of big government.
And that's -- congressional Republicans ought to demand as part of their price for having -- passing any future debt ceiling.
That we eliminate baseline budgeting and go to an accurate accounting.
I tell me if we're honest conversation January 2.
Globally been discussing will we have got off the fiscal cliff or -- -- been a last minute.
-- deal behind closed doors here in Washington what's gonna happen.
Parliament of the pattern has been for a really disgusting deal that -- almost nothing that increases the size of government cost the American people.
What I've been watching it is is.
A model that there's somebody described as.
Socialist austerity that's where you keep raising taxes and keep ray raising regulations on the private sector while you keep growing government.
-- so the result is the economy get sicker and weaker.
Greece for example has seen its economy shrank by 7%.
In the last year all of Europe is in recession now the less official number was the economy actually shrank last month for all of Europe as a unit.
Japan has been stuck for 23 years in a decaying economy 23 years.
And I think we're seeing a pressure in Washington for exactly the same pattern that's what's happening and California and Sacramento it's what's happening in Illinois in Springfield -- what's happening in new York and Albany.
It's big government getting bigger and bigger while the private sector gets smaller and smaller that actually makes the debt problems even harder deal -- I just understand certain do you think the wiser thing for the house Republican senate Republicans in the senate.
Is to get some sort of a ninety day -- to push things down the road for ninety days and hold hearings in the meantime -- and do it like piecemeal.
Or do you think his -- -- -- push it off the fiscal -- And and taste of the -- draconian impact -- whenever we're gonna happen.
I think they should they should offer to break down the cliff into a series of -- they should offer to postpone any immediate crisis but they should be adamant that they're not gonna accept.
A one parent well one size package that increases government spending.
And requires of bad tax increases while achieving nothing on -- reform which is exactly what the Democrats and try to push them into.
We fix Washington mean besides the baseline accounting that's terrible.
I actually think it's horrible rhetoric that the -- -- is known for a year and a half this is gonna happen and all they did was they didn't do any -- they let the super committee now we didn't work -- and then they didn't do anything until now they take a three month vacation so that on our and we paid them to campaign for their own jobs and it.
And it done actually nothing and Americans are jobless Americans want jobs and they just do nothing another bring us to this crisis.
Well I think it may take several more waves of tough elections I think yet.
In the long run the only way to change this is for free people the demand that they get better leadership for this rather current team.
Pres Obama just won reelection decision claiming has a mandate.
I don't think it's a mandate to raise taxes increase the size of government of putters even further in -- but that's going to be his argument.
That's the process of self government and the American people have to take a grip.
Not just to Washington -- how bad things are in Illinois and California New York several of our states are -- very very bad shape.
Look helpless to -- -- to watch because in a democratic government governor democratic legislature now and it got big problems that California is it's the Democrats in California have a chance to either AMA things look really good or they'll let things look very bad I think it's not please I'm keeping my I and -- state.
That's that's a key indicator of the future trying to I have a -- at a place like Texas they're thrilled with the number of Californians who are leaving and moving to Texas.
That's happening all across the west.
And California's literally exporting some of its hardest working best entrepreneurs because they've just given up I was a demand just yesterday here in Los Angeles who said that.
He is moving out of state taking all of his business for them because you just can't stand the pain level anymore.
Any thought on Ben -- and that investigation.
Sure they're gonna -- that that the president has every right to nominate who he wants to have as his secretary of state the senate has every right to demand.
That the president tell them who changed the instructions.
For ambassador -- it's not her fault it's somebody's.
And I think the senate should make quite clear they will never have a vote on.
Ambassador rice until they know it if she's his choice until they know what happened about the information.
Why she was misinformed.
And who in the White House change the instructions -- -- somewhere change instructions that's a legitimate demand by the senators and they should hold very -- And shouldn't be open I mean there's an awful lot of stuff that goes on this -- a lot of secrets that every time people lay a lot he would -- things -- legitimately classified but.
You're not -- and.
I'm laughing because this is -- question of who in the American government changed the the information going to the ambassador the United Nations that was not classified information.
She got a 77 of information was false she claims she did what she was given.
And it's not her fault but I'm willing to -- herded that is telling the truth fine.
Then who did it and it's fair for the senate to say we're not gonna to approve.
A new -- new secretary of state until we find out who in the White House or -- in the intelligence community.
Set out a dishonest -- information for the American people.
Which was repeated on five different national television shows -- the ambassador United Nations so.
I don't blame ambassador rice I accept her version of what she did.
But then she is then kicked the ball back into the White House and they had better tell us and I don't think the -- -- any obligation to approve her.
Until the White House has told them.
Well I don't like all the discussion behind closed doors as I do not believe that everything that's asked of her or anyone else in connection -- this investigation is classified as it is a horrible.
-- had a horrible disease this city if you want tell us something over classifieds and the rest of us can't find out we.
-- -- -- -- -- But it -- I think I think in this case if she is nominated you'll see open hearings and you'll see a great deal of material put on the record.
Because this study is too sensitive -- case for them to try to hide it.
And -- Illinois congressman.
Congressman frank what did tell me he's introducing a proposal for a Watergate type committee to actually look into this and much more detail.
Well all -- yeah I just want to just want the facts and economic will -- but it's been hard getting the facts mr.
speaker thank you sir.
Thank you --
Filter by section