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Obama and Republican leaders in congress have just 31 days to strike a deal before we fall off the fiscal cliff but so far it's.
Not looking like either side is willing to compromise and our next guest says there's been a failure in leadership to solve this crisis joining us Texas congressman -- dominates the kind of -- -- you know read it in his failure of leadership not necessarily just against the president -- blasted GOP leaders this week for failure to lead basically saying we need to stand on our principles but -- got a delicate position to deal.
-- -- for sure well and and actually all -- up until yesterday there had been a failure of leadership of -- you -- the president out there.
Yesterday finally pushing and so -- saying.
You know look we're gonna forget the constitution.
I'm gonna basically pronounces -- as -- -- it.
Congress hasn't done what I wanted so we're just -- -- ignore Congress's.
Constitutional right to appropriate Congress's constitutional right.
To sit -- ceilings and we're gonna ignore that that's what Geithner basically announced for the present yesterday.
-- -- yesterday stood up said look we can't allow that to happen and the fact is we can't.
If -- failed the constitution.
It's going to be a lot worse than going over this -- we went off of fiscal cliff would present got reelected.
So now we're just -- and down further and further alleged alleged.
But the thing is for him to say.
We're going to increase spending.
We're gonna get -- let me give away more money are you kidding.
You've got more sole -- as you -- already throw money away on.
Enough is enough and we need to stand firm and the leverage we have is the debt ceiling and I'm open our leadership is -- big.
Bring that to bear many feel the leverage.
The president has he says look I want to cut taxes or to keep taxes where they are for those making 250000.
Dollars and -- I want middle class.
Taxes to stay low but the Republicans they won't let that happen he comes forward with one point six trillion though.
In new taxes in this new deal what do you think of that deal and where are you willing to compromise.
In terms of -- -- the president we had two years ago basically said and I'm not sure who this woman has been to one couple years ago said.
It would be insane to raise taxes during a recession were still in the recession we're still -- 8%.
In on unemployment.
So for us where you compromise where will you compromise all you want a house out -- fair share more than present he is not proposed any thing that oil warm -- it -- what is secretary does.
We do is call flat tax.
Capital gains -- Buffett's plan right now have a secretary of 15% if you make more -- -- more up flat tax will do that.
And Steve Forbes Arthur -- a number of people are going to be really pushing that this wait -- wait and -- That -- fair share that's what we ought to do and the compromise will be.
On on what we cut good -- in the house would cut 11% over the last two years -- her -- budget.
We should be demanding our leadership -- yet.
11% cut across the board throughout the government this president's not even -- about they are -- Increasing spending do you like the president's.
I'm curious your take on the presence of populist argument now he's out there are almost on the campaign -- I am trying to sell us the American people like -- 'cause that's what he does well -- what a -- -- -- but -- -- as royals isn't a look at those polls which shows that the Republicans have been beaten down and a whole show that if this thing happens there near most of the American people would blame the Republicans.
But he has been so abusive as of yesterday.
Arrogant in what his demands are.
You know it just virtually unlimited power I think he's -- so for now.
There he is even pushed our leadership in understanding farm and I take it you know to do what's right for the American people do what's right of the constitution.
So what if you lose the next election if we can save the country.
Despite this president drop in full speed over the cliff.
Then it would be worth it to save the country for -- -- generations I mean what this guy is doing as president right now would Montero -- Is so immoral you don't -- future generations money could you can't stop -- you gotta keep borrowing such insane it's time to make some realistic cuts in -- planning -- Mike yes or no do we fall off a cliff.
They'll probably be a deal -- at the last minute but I'm telling it.
It's OK -- it's doesn't really not a -- backlit there's really not a fiscal cliff.
The fiscal -- like -- simply drug explaining -- and a half ago.
Is it you don't make cuts we didn't make cuts they downgraded us that will be the fiscal clear perhaps we don't remember -- -- Congressman I thank you for being on the first date December robbery with a great Christmas wish to see but what -- you gives him.
Then I'll let I'll say it again and -- and I'll buy coffee will -- -- -- countries in the world but some might go hi come on out.
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