You're watching...
Obama's debt ceiling hypocrisy
Details
-
Description
President who once voted against raising the debt limit demands a hike, won't negotiate with GOP leaders
- Duration 7:19
- Date Jan 14, 2013
You're watching...
President who once voted against raising the debt limit demands a hike, won't negotiate with GOP leaders
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
Out of Washington where it is not just Republicans taking President Obama to the woodshed over the debt ceiling today -- the white house press corps taking on the president and President Obama -- well.
-- -- Are you considering a plane.
And if not one chuck what I'm saying to you is that there is no.
Simpler solution.
No ready credible solution.
Other than congress either give me the authority to raise the debt ceiling.
For.
Exercise the responsibility that they have kept for themselves and raise the -- -- What chuck and I think many people are curious about this new adamant desire on your part not to negotiate when that seems to conflict with the entire history.
The modern Arab American presidents -- the debt ceiling and your own history and the debt ceiling.
I think if you look at the history.
Getting votes for the debt ceiling is always difficult look.
I don't think anybody would consider my position on reasonable here.
So as you -- now that you're not going to negotiate on the debt ceiling.
This year why should house Republicans take that seriously and think that if we get to -- one minute to midnight scenario.
That you're not gonna back down.
-- look at that this is pretty straight for.
Either congress pay his bills -- does.
Are you prepared to allow the government to grind to a halt.
If you disagree with the spending cut proposals they put forth and who do you think the American people blame McCain -- past.
And I don't I suspect the American would blame all of Washington for not being able to get exact ago.
Back in 2006 when pres Obama was then a senator he actually voted against raising the debt ceiling and so what has changed now Cashman Jason -- it's nice nice to see you think script what's your fault.
Well congress -- keep spending money the president keeps pushing for this we half to stop the spending we have a spending problem.
It's like the alcoholic who won't give up is drink anymore you have to slow the -- Well president promises today was that is he's basically executing what you and congress and as -- you -- you authorize the spending and he's got to pay the bills and so now you're saying he can't about the money.
No we got to make sure we prioritize the spent the the payment of the sixteen point four trillion dollars that this government -- But we have to solve the problem we don't need just to deal we actually have to solve the problem.
And the way you solve that problem is that cut up the credit card and slowed the spending to a point we actually cut into the deficit -- the pay off the debt.
You what I did like today I thought it was annoying he said that he may have slowed on Social Security payments on equipment but what you act like the dividend is never any suggestion that maybe he ought to maybe maybe congress shouldn't be paid salaries -- senate not be paid -- -- -- -- -- paid -- you cut down Air Force One.
Your constituent payment to go home on commercial aircraft -- your districts instead ya stay here -- save some money and your travel on many guys -- get the job done but there's never any discussion about.
The politicians taken a hit it's it's a scare the Social Security recipients.
The president does an exceptional job of scaring America he wants to use the military paychecks to try to scare people.
We think you know hurt the -- have to do that this revenue into the treasury on a daily basis the problem is we deficit spend about three to four billion dollars a -- we collect.
We we spent about ten billion today that means we deficit we have to borrow three to four billion dollars a day.
We spend more than 700 million dollars -- day in interest on a national debt.
There are lots of things to do the president of lots of discretion to curb back that's spending could make sure that Social Security payments are paid interest is paid we don't default on our -- When he hit it in when he voted as the as -- US senator against -- -- -- -- talk to an essence of how irresponsible was to raise the debt -- you know what the world happened between then and now why why does somebody responsible to something race in the dead silent but that wasn't before what's the difference.
I think the president was terror terribly irresponsible today to say he's not even talk about -- because he's above it.
But blame all of congress but in part congress created -- great this problem but we -- beginning here doubts all this problem.
I got elected to uphold the constitution and to leave this country better than how we found that we can't keep spending our kids.
In here -- we can't keep spending the money.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Congress doesn't authorized to raise that debt ceiling that he will do it unilaterally himself that he thinks he has the authority do you think he does.
Absolutely not under the fourteenth amendment of the constitution.
You can only do this as authorized by law and law is only created through the United States congress so the president has absolutely no ground to stand on.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- The president doesn't I don't get any sense of urgency from the president.
Four years hero the president submitted budget in four years not a single Democrat not a single Republican House or senate has ever voted in favor of the president's budget ever.
Aren't supposed to he is supposing you don't raise the -- of congress doesn't vote to raise the debt ceiling.
President Obama does it unilaterally what he gonna do.
But this is the constitutional crisis I don't know exactly what that looks like but the president has absolutely no authority to do that.
I don't know how you exactly deal with that but he can not do that there's absolutely no way if he doesn't increases he's then he's not gonna change this added that Spanish -- we separate from the -- and and his watch if he doesn't that create spending if he doesn't agree is spending cuts.
What happens we come to a standstill.
Well look the first move is the house Republicans.
The house has to move first and I think we got to show the country.
We're serious about -- -- back spending and we got to send that over to the senate and the senate has that remember it's been more than like three or four years now since the senate is actually pass the budget's not only we have problems that.
Any budget level White House but the Democrats are are producing.
The stuff from me you -- over -- the -- what happens.
Well -- this is the classic you know let's not wait till the deadline but the senate has -- I think if we can show in the house.
There were acting responsibly there -- -- back spending that we're doing the right thing in putting ourselves on a trajectory to put -- into a point where we are actually cutting the deficit.
And over the course of time balancing the budget.
Then will be the responsible party in what pushed out or is that how can the presence -- -- that he's just not going to do that so tell me what's gonna happen that the president is saying well I'm gonna be irrelevant and so I should take the president -- -- -- This sets and that is going to put us at a stand -- that's that's the house can only control itself and I think part of the reason speaker Boehner others got hurt you know we better selves in to trouble.
-- we listen to question period in the spread is the president we should do what we believe then.
What we were elected to do and pass it or United States senate the senate needs to do its job and they haven't put.
Since since as secretary Geithner sent a letter to speaker Boehner today about the deaths and I thought -- very interest in because he talks about John -- says congress should act as early as possible to extend normal par on authorities but some recess but this is in -- No place this letter does he say the president has the authority to raise it unilaterally there's no sort of -- I had a -- maybe there was no -- reason included them but I it I thought that it was into the -- sound does that.
Well and then in the Democrats have this crazy idea we just print this you know multi trillion dollar coin and that was -- to supposedly make everything go away.
The reality is we have to stop spending money we don't have and you've got to attack entitlement reform and you got to attack discretionary spending.
-- -- down anyway tonight SC a things out of.