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Trump to GOP: Debt ceiling is nuke weapon

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    'The Donald' wants Republicans to stand their ground in fiscal cliff standoff

  • Duration 5:53
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Now trump says Republicans heavy nuclear weapon and they should use it and that is not all he has to say about the fiscal cliff crisis.

Now we spoke would dump truck earlier tonight.

Data I understand you say -- -- concern a stronger position and then they realize going into this Cisco Clinton debate -- debacle whatever you wanna call it.

Well I think there -- the strongest position that they only knew -- debt ceiling is coming up in a very short period of time.

Frankly if you remember on your show I said they should not agreed to extend the debt ceiling behind to be up beyond the election.

And when they did dead and as soon as stated that they lost election they would've won the election had it come due before and -- would have won that -- state.

Stuck to it but they didn't do it but nevertheless.

-- debt ceiling has to be agreed to do they have the cards I just don't think they know what unfortunately.

They should get everything they want.

Based on just the debt ceiling -- Explain it to me suppose that the Republicans done -- -- heels on the ground and said then they refused to raise the debt ceiling.

How would that -- in -- them.

What led government I mean unfortunately yes it almost has anyway would come to a total standstill.

With the debt ceiling coming -- and another month from now.

They should make -- a part of the debate the president is gonna have to do something about the debt ceiling has always been concerned about it and what's going to happen because obviously.

They need a lift in the debt ceiling.

And I've always said that -- -- to -- position have not been allowed to have happened after the election.

Because it would happen before the election -- Republicans could have won and they would have won I think.

The fact that they have their debt ceiling coming up they should put the debt -- it with everything else that negotiating.

And make an overall deal and don't worry about the fiscal cliff because I believe it's totally overrated.

You referred to is that this -- curb.

Why do you think this -- -- is over -- are overrated.

Because ultimately a deal is going to happen and if the Republicans are Smart.

Which so far unfortunately it hasn't been working out that way but if the Republicans are Smart.

They're going to use that had to -- -- get every single thing that they wanted including huge reduction in expenditures.

Let the wind seems to be rolling out now is that to all our taxes so every single income level -- gonna go up January 1.

If no deal is struck.

The Democrats.

I assume intended paint that -- -- Republicans have raised all your taxes -- blame Republicans so I don't think the Democrats see this as a win move for the Republicans.

I think that's right and I think that's -- and let it happen because ultimately all of these folks that signed the pledge and some people that sign a pledge.

What do you like to pledge or not -- -- -- sort of feel committed to it.

Now the taxes go up for a short period of time and then they give a tax reduction even if that happens to be somewhat more than what they were paying as of last week so.

It's going to be very interesting situation but a lot of the Republican problem is solved because they're going to be doing -- tax reduction.

As opposed to an increase.

So we don't other Republicans Greta the Republicans have the cards I just don't know if they note.

That.

We not -- rather.

Into for lack of better word about this discussion is that if we go to fiscal cliff the B one point two trillion dollars in tax cuts over ten years which about a 110 billion dollars.

In the first year for every successive -- -- that a 110 billion.

So we go into the 110 billion for year one.

And then what happens is next -- congress just decides to do what it wants anyway and scraps whatever planet had an effect for the nine years anyway so we pretend like we have these Big Ten year plans but they never turn out to be -- plans at all.

Well that's true.

But you know there is something that is looming and a month and a half and they're gonna have to do something with -- -- now whether or not debt ceiling should happen.

Whether or not we should even have such a thing as bad debt -- but we do.

And the Democrats and the president have to do something about it -- they know how strong it is and that the Republicans have a very very powerful card to get what they want which is.

Basically a reduction -- massive expenditures you know -- -- seventeen trillion dollars in debt.

-- something has to be done it has to be done quickly.

Out of -- not done properly that's why -- -- plan B and plan C and all of these minor planned these little.

Stepped plans they should negotiate a real plan they shouldn't have.

The minor -- they should have the big plans.

And it should be done now and you could include did -- dealing with -- because if you do you're gonna get everything you want.

Preterm at a -- planning Donald is not about just -- this set fiscal cliff that don't offer eighteen months they've done nothing for eighteen months and isn't.

But it really and I'm not a ten years what an idiot but you -- to tell about it but ten years what no logical -- got a -- And what my point is so no politician has been tied up in the basement of the capitol of the White House and said don't do this and that they have plenty of opportunity to talk about the big planet do you see any appetite for any of these members of congress or the president buy -- to really have a big plan that actually fixes the problem.

No because right now the president doesn't have a big downside but in a month and a half from now it's a huge downside.

And that comes do with the with the debt ceiling and frankly you know when you say they've done about this for a year to have they thought about this for ten years because it was only spent to beat.

I -- this was gonna explode and people going to negotiate some think before it explodes but I think it's highly overrated.

It's going to happen.

And lots of good things can happen if it does explode and I think people should stop worrying about that I think they should start worrying about making a great deal.

Not a small deal but a big deal.

And overall feel that's gonna get get the credit rating of this country back.

And do lots of other good things.

Stuck to F thanks a -- Greta.

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