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Washington turns focus to debt ceiling

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    Charles Krauthammer predicts 'another useless extension'

  • Duration 1:27
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Now turn their focus of the debt ceiling in spending cuts and for that we take a look at who's talking at Charles Krauthammer offering his analysis on how he thinks those negotiations will unfold.

I expect his command -- the patch.

And ways for most of the -- view of our fiscal problems.

Another failure -- tonight.

And the reason is if you have two elements in this for president.

And the Republican House which will be on more equal strength and they will resist each other than go to the last two minutes and they will work out another useless.

An extension and they'll have to -- to fight again and the reason I say that is that everybody spoke about what -- -- tax reform after the election.

Entitlement reform after the election we see a president now who's not interest in -- either and tax reform is the one thing that he's dead.

Reduction commission had recommended it was since -- there's a consensus on in the country.

When Reagan worked it out with Tip O'Neill -- 1986 -- was an enormous success.

And that means you eliminate their deductions and you lower rates Obama has made it clear he wants the race to stay up.

He's gonna eliminate it -- -- deductions and that's all he wants higher revenues and that's going to be a Titanic struggle that will not be solved.

Had debt ceiling time.

And after the house voted the president also weighed in on the debt ceiling saying -- he will negotiate -- many things but he will not have another debate over the debt ceiling.

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