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All right oh we're hearing that a speaker Boehner is going to be on routes at a white as -- -- it's about fifteen minutes is not that far from his offices.
I assume he can just.
From the lights on speaker -- but I don't know I don't know.
Ought to house minority -- of -- a Democrat.
-- -- Steny -- -- congress -- good to have you with -- I don't I'm dale thank you good to be -- do you know anything about this at a meeting what could -- couldn't happen.
No I don't know anything more than you do although I think is a positive sign once again that.
The president and did John Boehner sitting down I've talked to both of them.
To they both wanna get to an agreement.
I think that's a very positive continuing sign that they're meeting and nobody's walking away from the table.
The stakes are very high here.
And the hopes of America are keen on us -- getting to success.
And failure is going to be.
Have real consequences so I'm very hopeful that John Boehner and the President Obama the speaker and the president.
A way to get us to an agreement that the congress can then consider and and hopefully pass so that America we'll have the confidence that we've placed ourselves on a fiscally sustainable.
-- -- for the long term I think that's what America wants.
So you're not of the views of your colleagues are.
Go ahead -- -- -- Because we can that is Democrats.
Patch together something to our liking.
What got I think that clearly both sides can argue that if you go.
Over the cliff for the slope.
It's not gonna happen it's not like your.
It's not -- in the ways when I -- I mean Thelma Louise we're not gonna go plummeting down.
I believe and and and no leader Pelosi believes.
-- -- going you know over the -- so to speak we'll have adverse consequences for our economy.
And the confidence that the world has innocent we shouldn't do that we want to get to an agreement.
So I'm not one of those that's advocating.
As a strategy.
Going over the place now.
All right have a lot of your -- including the Congressional Black Caucus aren't Nancy Pelosi did agree and said you know.
-- -- on this this witch hunt with -- entitlements don't drifted down there's plenty more we can go after and they put the focus as did it.
Texas congresswoman earlier on this very show.
More tax sites find more revenue from the -- etc.
do you share that view.
What that what I've said all along Neil is that.
Both parties have their interest both parties have their perspective of how we can get from where we are.
Which is in a -- in a fiscally.
Untenable position in the long term.
To a position where we have a day long term.
Path that makes sense.
For us and for future generations.
And in order to do so we need to look at everything everything needs to be on the table that's.
That includes entitlements are putting over details of course but it's come congressman and -- -- are -- about 800 billion revenues I know you guys -- double that.
But you got 800 billion revenues and I know you wanted to and -- -- -- let's say speaker Boehner spells that out there all right I've I've given up the fight.
Great -- it is.
Obviously then he's going to need something for the -- of let's just put in what do you feel like -- -- Democrats would put him.
-- there's no doubt about that but let me tell you -- speaker Boehner does not get specific on how he gets the 800 billion.
On preference items as he wants to reduce because -- he gets specific.
Then before the negotiations are complete he's tagged.
With the oh you were for this or you were for -- -- and that's why Democrats don't come up with specific cuts although I will say.
That the president in his budget came up with some very specific cuts and as you well know.
A cut more from Medicare.
From his perspective then.
Than the Ryan you know it is not just -- -- unanimously rejected by both parties well I didn't nail it you've been around long enough.
I have we voted on Ronald Reagan's budget in the 1980s you know -- he got one vote.
Which was symbolic.
President supporting both parties like to put the president's budget on the on the floor and sort of -- the other party doesn't.
-- you know right there -- a little political boutique -- and everything we see and I understand that sir but I don't think they've learned the real issue want to hear that your use what they wanna -- -- this is the time to get back past the vagaries.
Do you think is it your feeling knowing the structured how long it takes a remarkable -- -- to get a bill.
Get it out of conference -- -- vote all the other stuff.
Isn't it fair to say that it has to be done within days and it it is I think if they're gonna blow this -- It's deal I think it's fair to say we need to get to an agreement in -- very -- -- the paperwork.
You that you and I both know we could pass a bill that says we put everything off for fifteen days.
-- while we're marking up the bill while we're while we're drafting of putting it through the season is dangerous religion right and of course you.
Right -- that's available at deadline is not hard and set -- getting into.
But I -- and do you under the debt laden and -- standing.
Of any type then yes I think you're gonna run into.
-- hard and fast deadline of December 31 -- a lot of things expire.
Things that shouldn't expire right that we need to deal with the.
And not just those titles are open to win titles used -- -- are open to the kind of things that some.
It you know had not been nobody within your party by the likes the same applies to conservatism -- insiders say.
Speaker Boehner don't even give dividends on taxes would you are saying it but -- -- -- diners.
-- what I'm saying is -- John Boehner and I say.
Look if you want to make a deal.
You're gonna have to consider what the other party wants what the other side wants what you have to get to an agreement.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- That the outlines not the specifics -- the outline of what they've said is we do need to deal with entitlements -- -- to need to be -- Social Security.
We need to strengthen Social Security.
We need to strengthen Medicare and by strengthening I mean we need to make sure there -- sustainable.
In the long run for their ratio by the way -- also got an understanding guidance to one dollar revenues when it gets me but.
-- actually frankly as you probably known -- the Bowles Simpson proposal was much closer than to to.
21 of them is a 3214.
From a lot of different reasons so you -- -- -- -- and a final package will be due to one.
Well I don't know whether it'll be 21 I know this that frankly -- gonna stop talking about up.
The politics of the ideology -- this that the other we have a math problem in my opinion -- And the math problem is we need to get to and ticket you -- pick your target my target would be 70%.
Of debt to GDP.
By 20/20 two or point 183.
And that just worked the math backwards in how you don't get there what can you agree on that has that math work.
-- if we do that.
Everybody's going to be disappointed with some things there's no doubt about they are you you're -- -- we get it yes if we get into an agreement.
America is going to be a happy country.
Still anywhere -- -- you're busy guy we do appreciate you coming here and then at least giving a framework Steny Hoyer thank you very much thank Geraldo figure in this whole debate.
Came up with ideas.
And options it's all -- options.
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