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With fears that Pres. Obama's willing to let the nation go over the fiscal cliff, who has the real edge in negitiations?
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And today's speaker of the house John Boehner ripping into President Obama speaker Boehner calling the White House -- -- plan a joke.
Senator Ron Johnson is on the Budget Committee he joins -- good -- served.
Well Greta are you doing very well and calling the plan a joke I -- said he's -- he has not gonna beat around the bush for us.
But unfortunately branded browser Boller -- -- holds all the cards in this negotiation.
But if he wants to have it tax increases -- tax rates go up.
I don't see how Republicans can stop from it you know because.
Everybody's taxes are going to increase if congress does nothing.
And president -- was the only person to consigned it building block and quite honestly senator Reid's the only person senate.
They can pass in the bill the senate as well also.
You know it sounds like people like Howard Dean mark everybody's taxes go up maybe we should feel fortunate -- Obama only wants the top 2% to go up.
Do you anticipate that the Republicans will be voting for a rate increase if the Chicago vote.
I don't we will vote for rate increase -- what we will vote for hopefully is to extend all the current tax rates permanently.
And that's our urban president -- on -- true pro growth tax reform but again.
It sounds like Treasury Secretary Geithner -- happy to take the economy out fiscal cliff again if if pres Obama wants to do that.
He can do that it sounds like that's exactly where he wants to go all.
And you know what it what is kind of amazing they may be Republican should take.
You know and a victory lap from the fact that we've actually convince Democrats it's a good thing to maintain the bush tax cuts for at least 98 -- American population.
I guess that's a good thing.
I hope I hope the President Obama decides to increase tax on top 2%.
And a -- -- he exams.
Business and -- people that.
Businesses and report their income through subchapter S analyses through individual taxes and that that be positive sign -- maybe he can give some ground there.
I'm curious -- as -- or businessman not US senator freshman US senator.
Is this what you thought the job is going to be like as a US senator.
Obviously I was kind of -- -- women in November -- 2012 here and we -- seven majority in the senate and we could work toward pro growth tax reform.
And I -- I realize what a mess Washington isn't it's it's one of things I really would ask the American public to have to really consider -- You know what actually works and in -- Former -- talk about this family's work.
Communities work private businesses work what doesn't work very well is the federal government I don't know why anybody want to increase its size.
You know one of the things I think that you know there's so little focus on whether it's Republicans Democrats are in cities like Detroit and and they are going to explode implode on us an area that ultimately and to be huge financial drain -- -- hold that federal budget in some ways.
And it did doesn't seem to me that there's enough reaching down to find inspiring good ways to invigorate those communities and -- growth in those communities.
And really fix them I don't see a lot of attention on that and actually see that as as.
A book review for good good moral reasons and also for good economic reasons for everybody else.
-- ready you said the word that is that.
Core part of the solution here growth economic growth.
But again what is -- Obama gonna do is gonna punish the top 2%.
A lot of those are small to medium size businesses that are struggling in this economy struggling under the burden is regulatory environment.
Struggling under the now the prospects of increased taxes -- -- it's not very easy.
To conceive of a product or service and provide that product and service.
At a cost -- is lower than what you can sell up to to prosper that's a very difficult thing to do and government makes it even harder so.
Yeah -- the only way we get out of this situation the only way we reduce our debt and yes -- is through economic growth.
We have to encourage.
Individuals -- their capital we have to encourage businesses to expand and create jobs create new taxpayers -- say get new new revenue.
For president -- -- part of success in this very sad.
Do you anticipate facing the president -- wants to punish success I'm curious so let's -- you think those 2% people.
And -- commenced -- away is reduce their charitable giving so that they will not feel any sort of the the pinch of the tax increase but -- charitable organizations.
But what's happening right now our businesses are speeding up dividends anticipation of increased taxes people are also also us speeding up charitable giving here at the end of the year.
Listen Americans but next -- generous society.
Not bad -- that can be a problem but you don't I think most people that did donate -- -- you know because they they have that depth of feeling they do it out of the charitable heart.
Our policy has been really curtail -- would be based on what have the task code.
But the but some remained in the summer gave 5000 dollars last year might finally give 4000 next years of them and that's it we may be the person won't clearly again do away with contributions but I'm -- I do suspect I don't know.
Is that it will have an impact which some on some charities.
Granted they'll have less money to donate.
They'll have less money to invest in their business that have less money to create jobs.
That is the harmful effect -- -- Obama's policy to punish success by increasing taxes.
I hope he doesn't do it.
But again there's nothing the Republicans really do you can do to stop it.
Other than to continue to come on shows like this and encourage the president of please think of every American and how economic growth as a real solution here not punishing success senate -- -- Have a great day.
