Fox News
Expand
Browse All Video
Watch Live

You're watching...

President Obama says more revenue is needed

Details

  • Description

    Donald Trump weighs in

  • Duration 8:30
  • Date

Clips

Also in this playlist...

Editor's Picks

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

And now let's -- dial in the king -- New York Donald Trump the author of time to get tough commodity Donald good morning.

So everybody was watching at least part of the Super Bowl last night.

The ravens won what did you think.

Well it still that the game was good I thought having the power go out was really embarrassing maybe -- bit a little bit embarrassing to the country.

Because this sort of aware of countries -- just like that stadium was working and it's I think it's really really an embarrassment that was.

A bad thing obviously for television for the NFL but.

I thought I look at the bigger picture I think was a bad thing for the country -- -- what's -- but whether it's infrastructure whether it's whatever it is.

A very very.

Embarrassing moment for the cut.

You treated that in fact during the game you said this the lights went out New Orleans the country's lights went out also.

We are not the same place.

And then he treated the country is being run just like.

-- -- Other -- comes you right away when when that happened or did you give it some fodder or how did you make that conclusion.

Well you know my Twitter does so well because I do give it thought obviously but I put down what's up my my -- just seemed appropriate to be to put that down because.

Frankly if you look at what's going on with the country if you look at contraction I never heard the word contracting for.

I did O 2016 that's going to be a -- here could be considered -- bad.

China will overtake cast as the great economic balance and -- was unthinkable five years ago ten years ago was unthinkable so.

Stated that very very sad thing very very says it's it's happening.

You know it's being -- bad speaking of France China and Donald it's it's funny on the Twitter verse in on the Internet they're all these conspiracy theories floating around.

Could have been Chinese cyber hackers it took down the power grid at least for the super ball on that one night.

Well I don't think so let me got his close friend of ours and I certainly don't think so but I think that we have old infrastructure.

We are no we're spending all our money and other places were giving them trillions and trillions of dollars and that's what really -- -- about the word trillion.

And yet we don't we build our own country what are we doing we're letting our military down because you know -- Obama last night.

It took about cutting the military I I wanna build up the military -- where target for every country in the world that we're cutting our military's so.

We can do think through what we should be cutting his obamacare because I have so many people that I know and friends that have businesses where.

Obama care is putting them at a distance.

You know why because because they they pass to open up the when he tipped into into the for a -- started for into the two and a half years now it's beginning after the elections over.

But -- -- -- -- -- in the big picture I was shocked do you the president say flat out we need more revenue is gonna need it from guys like you.

Well he'd give to the Republicans because the Republicans for whatever reason didn't make the big deal that made a little deal that was a tax increase and everybody thought that was going to be the end and once they got -- and I and others from.

It's called negotiation 101.

You negotiate and you do the right job by at least we have people's I'm a Republican do we have people that know what they're doing.

So they've made a DL and as soon as the deal was made it's again about that this happens and business all the the deal was space Serbs to get about the deal that was supposed to be beat tax increase bout they gonna do other tax increases.

I would have I told you wouldn't you show that was going to happen -- -- -- based.

Well let's take a listen to what the president is set on CBS last night before inseparable when he sat down with Scott -- You can raising tax rates.

Well I don't think the issue right now is.

Raising rates the question is.

If we're gonna be serious about reducing our deficit.

Can we combined some Smart spending cuts there are things that we can do to reduce health care costs.

And can we close -- loopholes.

And deductions that.

Folks were well connected and have a lot of accountants and lowers if you combined those things together.

Then we can not only reduce our deficit but we can continue to invest in things like.

Education and research and development that are gonna help us grow without raising rates again -- -- restored to the.

So I'm not hearing you say read my lips no new taxes you think there's going to have to be additional revenue over the next four and there is no -- we need additional room.

-- cancer is gonna get additional revenue Donald -- not gonna raise the tax rates.

Closing loopholes and of course -- and get rid of deductions and automatically a lot of people think well there goes my.

Home mortgage interest deduction or there goes my chair charitable -- deduction as well.

And some other high end stuff.

Because the government is a furnace that -- money like crazy and it needs more.

Well that's true and a lot of those reductions affect a lot of people and I'm not talking about rich people you know and obviously there are affected but a lot of people are affected much greater to a botched.

Greater degree events so.

If this is just a continuation this is why -- did you have -- the big deal you'd have to make that big deal what deal and get the country back on track.

And -- you know up.

I'm so disappointed that the Republicans.

Let's push total weight that the -- Obama Obama is getting away with murder it it could have been stopped so easily and very very.

Disappointed.

In our Republican negotiators.

So you agree -- -- governor Bobby Jindal says we have to stop being the stupid party.

You agree with that.

No I think she was stupid for using that term because that term is so.

Obnoxious and so good to the other side is that he should not have used that because that term is going to be living now -- the Republican party for a long time.

And they're gonna have his space on television saying it for the next four years I thought it was -- ought to really look.

I speak.

Ill of their negotiating abilities I speak ill of certain things that make mistakes but I wanted to -- -- -- that term.

Used to by the governor it was a disgrace said he shouldn't abuse that I thought it was very demeaning to the Republican Party what do you like -- -- you like -- job they're doing that not.

It's going to be used for a long time against the Republican.

You don't -- you don't obviously because you do yourself you don't disagree with.

Calling out Republicans when you feel like they need to improve on certain things.

-- but you -- use the word stupid because the word stupid is now going to be a part of the vocabulary of the Democrats are going to be using Bombay -- Dell's.

Line probably is states saying it I thought it was a horrible thing for him to say frankly I think it was a stupid thing for him to say.

I asked him that when we come back.

In part to -- we are caught up -- in Baton Rouge and Donald Trump did you have any money on the game.

No I I start you know is going to be very very close game my sort of figured that maybe San Francisco might when they're little but of hotter team the other -- lost a lot of games at the end of the season but.

-- -- -- if Flacco was a basic -- a quarterback can both teams are basic over the way they came back the way since it is still.

Came back was a great tribute to them.

It was a very close game and it was ultimately good game but it was -- very badly by the power failure yeah that was crazy I don't have to protesting this today because you -- Bill -- promised the five billion dollars yes related write five billion dollars you have breaking news big story -- what is it but he promised these five billion dollars to charity if I provided certain information -- provided the information.

He did today.

So today -- Phil Barbara five billion dollars -- charity.

I'll allow us and we build -- yes and my friends at FOX & Friends have its first.

Guys do it by about 12 o'clock today so how much five million dollars or British charity he said.

If you do this you make me an -- I accepted the offer immediately write that he didn't come through with a five billion W maybe a five million dollar offer -- there's just so.

Today I'm suing him on behalf of charities are suing -- billion dollars I have no idea how that's going to turn out to be honest but you know I felt I had an obligation Sulu on behalf of.

Jerry and I I read that on your Twitter last week or two weeks ago while -- you know what his attorneys gonna say it's gonna say -- he was only junket.

Well they -- and let's see what happens I don't accused of -- that it -- venom that was -- that -- -- joke contract he was nervous when he that it.

It was like really it was a bit static delivery.

But he's dead I will give and I said I will accept so let's see what happens I have an obligation to the charity -- So I haven't told anybody I just don't you go.

Thanks thanks very much for an exclusive and haven't.

Have a great week double talk to get -- -- breaking news.

Load More