Donald Trump sounds off on D.C.'s debt woes
Business mogul weighs in on government's money mismanagement
- Duration 6:51
- Date Jan 10, 2013
Business mogul weighs in on government's money mismanagement
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It's -- on the back to Hannity now earlier today I sat down with a one and only Donald Trump we covered a lot of ground on all of the issues from gun control the 2012 election.
Miss Alabama Bill Maher and whether or not he's gonna throw his hat in the ring in the next four years but first.
Here's his take on the fiscal cliff in that crisis in the future of the Republican Party.
You said about the fiscal cliff and I agreed -- -- it was a terrible deal terrible does any Republican have the ability to negotiate said.
And then you said Democrats are laughing at Republicans what I actually said the Republicans -- -- -- negotiators in the history of the world and everything.
Because if Obama and everybody at a 100% which isn't a 100% it's 50%.
Of the people but many of Obama's voters were forced to actually pay much higher taxes for a period of about three days.
He would have come back and he would have given everything.
You would have had to Democrats exactly where you wanted them.
It would have been retroactively brought back so nobody would have paid higher taxes other than the rich may be we'll have to pay a little bit of the penalty.
And I think you're OK with that if they got the spending cuts so now what they did is they made a deal they gave up on the tax increases.
And now I watch Nancy Pelosi the other day who I respect.
If she's been in my office I respect -- But she's doing her thing from a different side and from a different -- I watched Nancy Pelosi did they say I'm not -- the Texas haven't stepped -- a raising taxes again present so they may not always something kind and now they're gonna have to give it away again.
And I think it's amazing and if if the tax rates increase for everybody across the board.
Obama would have come in and and he would've been virtually begging to make a deal and you would have had spending cuts that you would have had and you could have put this country back on track.
That will still live data collected two.
I don't understand -- -- it's -- -- and John -- -- I know and -- like a lot.
By the way and I happen to think he's very capable I just don't know what happened here I don't understand it.
The Republicans believe -- you know I've been saved -- last Jewish Republican civil courts and I'm not just talking about just a debt ceiling.
And I'm worried about the deficit because I think the presence could use the fourteenth amendment and then we're gonna end up in lawsuits for the next ten years it's good that America.
So I don't like to debt ceiling by itself has a point of strength.
The strength was let everybody pay led all of his support -- stuck paying more attacks and he will come to you and he would like that's called.
Deal making 101 that's basic deal make -- somebody said do they know how to make dozens of this is not about deals is about common sense your best selling book the art of the deal.
I read it it says.
That you should be willing to walk away from any deal up to the last moment they -- for that weren't they afraid that they go over the cliff may be blamed film blamed anyway but was not their fear -- more than getting blamed anyway.
They getting blamed to have the lowest rating in the history of ratings OK I -- -- have like the lowest rating anybody's ever seen.
Did they went -- -- and I heard that they were afraid of bad publicity.
Get publicity is horrible anyway.
And you know what in two weeks I've always gonna forget about the bad look at me -- a bad publicity you're good I get so much publicity comes out of -- here's some good some bit.
At a point in time but put forward this -- they were worried about bad publicity.
What's the -- public -- getting the publicity elect.
John if they collect the taxes the bush tax cuts expire now everybody all of the supporters are forced to -- he would have been forced to make a deal.
When you make a real deal.
And I've been saying don't make these little deals.
Make the one big deal and get it done and get it done directly.
And stop borrowing 46 cents of every dollar you think of the Republicans don't step up on the debt ceiling and they don't stand is.
A bold contrast of the Democrats do you see the emergence of a third party might you look at that now I can't I think third parties are very tough.
But I think it's hit very tough to win as a Republican look.
And they've lost on immigration thing you have to do something and immigration because you know our country is a different place than it was fifty years ago they gonna have to do something when many different fronts and they don't do it.
And you don't have very popular candidates -- -- gonna get 20% of but don't they also have to be the party that saves America from pages and they do and they could have done that that's such a great chance now I have to tell you as a negotiator somebody that does nothing but negotiate all day long.
They have been very badly hurt because the deal they made really hurt him I mean they had.
More cards a week ago than they have right now they still have -- for the cards aren't as good.
But -- Actually think the cars are better known -- -- who did not turn of the -- -- because we should've done over the cliff I agree with you we should've got part of cliff I hate the word that Clif OK but it was a -- just like -- -- -- -- by phony people but you know what we should have gone over the cliff.
And the Democrats would have come begging for a deal they would have made any guess so we are not in better shape but now the president.
He cannot get more money and raise the debt ceiling we at sixteen trillion dollars and that I'm telling you manageability commandments shown.
Who's gonna use this fourteenth amendment OK and -- When he's playing golf in six years from now and wherever he might be playing hopefully -- trump national in Washington because I have the best course of Washington and I'd love to have them there president of your play my course in Washington.
On the Potomac River it's beautiful never miss an opportunity output.
But it's a great course -- best course in Washington by far so when he's playing golf someplace in six years.
The Supreme Court will make a ruling as to whether or not he was allowed to use the fourteenth amendment I say he's gonna use the fourteenth amendment.
They have don't forget that this is a bit dangerous for America now -- we are talking about here it's almost a dictatorship.
It's what he's gonna win here or president -- for everything he is gonna bypass congress -- he couldn't have done that for the Second Amendment but he couldn't have done that for the last group.
That he just got but he -- because of the cliff now he has more power.
I think that she couldn't abused the fourteenth amendment to what just took place.
That he doesn't apply that haven't this is what it might apply there's a little tiny inkling that it might apply today that's just.
But it didn't apply to the tax constitutionally this is this just check -- urge you to talk to your lawyer I know you've probably talk to regularly.
Article one section seven is clear spending begins in congress.
What he's profusely it was it was clear that Obama -- not legally -- that's excuse me everybody sued.
They were winning all the way up.
And then you had a certain justice that was a 100% against it who.
In order to become a favored fair haired boy in Washington he went against his own beliefs okay does it say then about.
Him if he's willing to circumvent shred the constitution what he's doing it and he will do it again in my opinion for the debt ceiling he's going to use the fourteenth amendment and he's gonna circumvent.
The problem and I believe that the Republicans are -- have a hard time.