Power Play 2/11/2013
Obama, Lew and the Cayman tax trap. Plus: Rubio and Obama to call for stimulus spending
- Duration 25:30
- Date Feb 11, 2013
Obama, Lew and the Cayman tax trap. Plus: Rubio and Obama to call for stimulus spending
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And that mild blast -- may.
Is the cover of time magazine and -- -- a hugely influential publication but still iconic in its cover calling Marco Rubio.
Junior senator from sunshine state state of Florida the Republican.
And this is power play and I am in fact -- are all Internet and Marco Rubio we should point out disdain that -- blasphemy saying there is only one savior.
And then said hash tag Jesus I'd never thought about hash tag Jesus but.
If there's touchdown Jesus why not.
But Republicans are looking to Marco Rubio poor people who look at Republicans think that they ought to be looking at Marco Rubio.
Four the cure to their woes he's conservative.
But willing to do deals.
He's Hispanic for a party that's struggling with that so Marco Rubio is teed up.
To respond to president Obama's -- of the union address tomorrow will talk about that you'll enjoy it -- hear from you whether you think he has the lower case savior for the Republicans were could be.
We will talk about what the president is going to lay out in his State of the Union Address including a call for more stimulus spending.
We will have Smart.
An educated conversation about that because -- have people other than me here.
And we will talk about this state of Obama's cabinet nominations as mr.
hagel continues not to say who paid him to say what.
And we get ready for a new battle over Jack -- Who did the same thing with this money as Mitt Romney which is kept it from the Treasury Department which he wants -- now.
Anyway we'll talk about all of that we'll have our points we will have a rollicking rollicking good time.
And to start development and the problem let's say hello to your friend -- -- -- -- He is the editor in chief of the Washington -- -- And he still hangs out with his people from the weekly standard.
Where he formally cousin in the latest.
As a Smart piece welcome back Matthew thank you for having me to the Republicans the right.
I feel bad for Marco Rubio about this -- feel good for him.
In the sense that this is a tremendous opportunity to have every people are listening to what you said.
First term senators don't generally get to be listened to.
But because of demography.
Because of the climate in Washington because of the issues that are in the forefront he's getting this but that isn't.
Awful lot to -- forward if you are -- freshman senator beat the -- being the savior for a whole political party.
Is he the man for the job.
Remains to be seen OK okay he has upside yes yes it is -- -- he's young.
Reviews -- great communicators.
Not only does he give a good speech he stays on message.
Which is very hard for a lot of politicians to do he doesn't get distracted you can't see him really doing -- met you know making -- -- or something like that.
And he is a great narrative right -- it that apparently has little political consultants look for its child of immigrants excels in Cuba.
He talks about -- exception was in the American dream I think those are all things in his favor.
Hello I have dinner you -- it is breaking news.
The armed services committee the Senate Armed Services Committee will hold the vote on Chuck Hagel tomorrow there's a controversial move for reasons that will explain.
Later but it has to -- with him not disclosing thanks and this promises to make.
Former Republican senator -- -- -- here but we'll talk more about that later I'm sorry that I interrupted.
But it would -- for rubio.
Here's the thing.
Data lists was the son of -- right and the wax in his wings melted don't you think that there are Republicans looking.
And Marco Rubio saying you're flying pretty high pretty close to the -- -- soon.
That's true I mean with rubio is how does he stand up with all this pressure he's making a big play on immigration he really wants to.
Move and toward plan that has the border enforcement first and the amnesty afterward and I think if he believes that he he can make a deal happen.
And he really has established himself as a Republican leader.
For me that the trouble -- -- -- is some expertise and experience to -- it helps to have some type of accomplishment to you -- you -- hunter -- you decide to run for president.
Of course the current president didn't really have any accomplishments.
No -- went when he ran so that maybe that's not -- but he wasn't out in front on any policy issues he did.
That's right -- -- ridiculously -- about Obama -- he's kind of -- generous as a special character.
And it finally with rubio though I think the more troublesome one maybe it's not that troublesome is he's basically bush.
You know -- -- just look down to the lines of his policies more policies of George W.
Bush but Cuban.
He's been fourteen years younger isn't -- more conservative he's at least -- conservative is Jeb Bush look I mean two years ago he was saying no amnesty no way he's now shifted toward what is basically George W Bush's.
And -- -- ourselves OK why I can't act I can see -- shifting on education spending as well but the Republicans will are happy to talk about education.
Because nobody pays much attention but immigration they know they're getting their head split open with an ax handle on this they date.
On what you always gets sent to Republicans as long as they get to stop talking about immigration they're happy to do whatever and I think they did it good results and millions of more Democrats right well but you know what are you gonna do there's always there's nobody that though is another election there's there's all.
Oh how yeah there is that and so with rubio though when it comes to.
The 26 team Republican nomination process you you'd have to say he's the front runner right now would you.
I would say yes I mean I've been really mind terms of the invisible primary and doesn't seem -- -- -- running to you the truth I mean.
This should this there is no -- -- -- about poll numbers alone invisible primary stuff you rubio is the that -- the one in the -- this review has always had a bandwagon.
People in Florida conservatives nationally following you think he is the great hope that the Republicans let's not forget.
You know he was the protege of -- Bush and done there would be no Marco Rubio -- governor Jeb Bush not plucked him out of the relative obscurity.
Of representing -- Cuban American neighborhood.
In the Florida house.
And helped elevate him create -- of the Florida house and you know I mean and intelligently too because like I -- rubio.
Is an excellent communicators and I imagine his speech tomorrow responding to the president's state of the union in English and and -- triples.
-- as well speech but you know at the end of the day.
Pundit -- that's way too early to tell -- lot of governors out there and I think maybe.
These governors are actually gonna happen more substantive claim to run for president and to say -- what I did in my state and how I can help the United States for years now.
Susana Martinez she's the one she's the one my -- -- -- -- -- you know she's she's -- Mexican which is where it's on the border Mexican American.
That's the problem we always true we -- talk about this here a lot but there's big issue Republicans don't have a Hispanic problem.
They have a problem with Mexican and Central America and Americans people who are that you -- the children.
Grandchildren great grandchildren of Mexican immigrants.
And people from Central American countries who don't particularly dig on the Cubans.
Well this just and it just shows how kind of silly this category Hispanic kids because it's millions of different people from different countries and cultures and it's absurd in my view to lump them all together.
Martinez it walker in Wisconsin McDonnell in Virginia I think is this.
Probably gonna prepare for run for the presidency -- -- -- has a record.
There Christie in New Jersey I think once he steamrolled the competition he'll start playing a bit moderates run for the nomination to bring -- And Jonathan ran for president to write that demand that he was -- so it -- about my point being.
They're being a lot of governors running there's going to be a lot of governors running -- got -- -- hedged at the beginning.
But that is absolutely true at the end there will be a lot of governors got -- you can take my -- back.
Isn't anyone -- -- city -- in 2009 to 2012 Bush's fault state of the union going thirteen to 2016 Republican party's fault.
It's a -- so you should be happy there -- anyone listening president is broadening his horizons as he travels through the through his term in office Matthew we thank you for your time here.
Okay we'll talk about that state of the union speech will be more of your chats we'll talk about my column for today you'll enjoy it as I said -- -- -- indeed.
So stick around.
And cuts in education scientific research and the rest are harmful and they are what are expected.
By the sequestration.
So it is almost a false argument to say we have a spending problem we have a budget deficit problem.
And that is a statement that you would need.
A radio microscope to split the hair thin enough to talk about the difference between a spending problem.
In a budget deficit problem in this power play and welcome back so the president we know tomorrow's going to be -- because that's like -- -- it's a bold Obama bold in the second term.
We saw that.
In his second inaugural address we've seen that -- he's in Iraq with Republicans he's going to be bold on guns he's going to be bold a lot of issues but the core of his boldness.
Is going to be for calling for.
Another round of tax increases on top -- that he says need to be paying their fair share.
But stimulus spending he wants investments as he calls it and keep programs.
That he says will yield balance budgets in the future the investment that's placed in things now that's what.
Speaker -- former speaker Pelosi was talking about there.
Was the need to invest.
Not cut because the -- you reduce the deficit in the future.
-- by spending more borrowed money now.
Sounds complicated but this is Washington and this is the this is our -- you do.
And we are very happy to have -- -- -- you again David -- he's a former.
Finance director for the Democratic National Committee he is a democratic strategist and he is a very welcome here where it's fair minded patriotic and -- And we welcome for the first time and while Clement and she is of the American action forum.
Which is calling for smaller deficits which is calling for things to be less than.
And more -- -- as it that relates to the budget.
This is her maiden -- so we hope that we will find you to implement it there and OK and so Davis.
It sounded like Nancy Pelosi was calling for stimulus I -- to build -- time machine could go back.
And borrow additional money in the mid ninety's to build community colleges and solar panels so that now we would have a surplus other than that I couldn't quite get there what was she talking.
Learn pretty contacts we've carrying.
With this administration one point four.
Trillion in spending cuts in the last two years.
He's calling for four trillion.
In deficit reduction.
I'm sure we will hear.
How he plans to do that and what he calls on congress to do in order to get there we have these sequestered deadline of march 1.
And -- what.
Everybody should take notice and even Republicans are taking notice -- if that's a question.
Of arbitrary cuts goes to no effect with 5% and non discretionary 8% in defense spending.
They're going to be a lot of people -- forced out of work.
That we may lose teachers in classrooms first responders.
On the job.
540 million dollars in loan guarantees -- small businesses.
On and so we can't afford that trying to halt its own and it.
If people would take note of the fact that spending it is now the lowest level as a share of our economy since Dwight Eisenhower.
-- -- of Pelosi is right.
In suggesting that.
We have a deficit issue which is being addressed as I stated at the top of my response -- But at the same time we got to keep this economy going and how to read.
Grow the economy.
And you don't do it by austerity ordering cuts.
-- know well the president it has cut all this money and David just told us he's cut.
To the vote we've slash trillions of dollars what -- -- people.
Want well the president's claims those of spending cuts that are chock full of of budget gimmicks and we've seen that.
Stimulus spending doesn't work administration said that unemployment would be 5% say it's seven point nine.
That's not the solution and not here to talk about austerity.
Wanna deal with long term problem we will look at the CBO's -- we know that this is long term spending problems driven -- mandatory spending.
Medicare Medicaid Social Security until -- -- a -- -- -- -- short term patches are gonna find ourselves at the same team.
We're not getting into the heart of that right.
There would be I mean it would be nice it would be nice if I don't -- -- get a -- chocolate -- and lose weight -- but I made that we're not going there right.
It doesn't that -- -- -- called for it there's not a lot of indications it to see there are gonna have a big solution.
We do have the short term problems right now we have to add it to do with those but the long term the big picture.
-- belong -- -- and that's -- by this entitlement spending and no amount of investments more spending increases today.
They're gonna solve.
David the president in his boldness from India -- -- -- is.
As it is had public sentiment on his side on several times.
Tax rates on top -- he campaigned on it keep -- Mitt Romney for.
And he got it and Mitt Romney lost yeah exactly and the president wants you can say he had a mandate for an increase on -- On immigration.
He's got a mandate -- a conditional some kind of amnesty people want this thing to be done public sentiment lines are very strongly with an -- that.
Even on same sex marriage.
People -- the real public opinion has turned in the president's term with that -- note from.
But he he can argue that there is a mandate for that.
But on spending man.
The people are again and I mean it's like a five -- 161.
That they think that spending doesn't.
Help the economy and we just -- -- fun people we talked about it here last week people's overwhelmingly like it was about five to one.
People thought the better way to grow the economy is to cut federal spending that it is increase how does the president sell this -- -- and I understand the other -- of this is a tough.
-- I think you have to take it.
And a balanced approach which the president has said over and over again.
It is not just spending.
That you spending cuts or -- spending on one side and it not focusing on revenue or tax on the other and ignore -- you have to look at both collectively.
Like Danny household.
On those who are watching and and and and this program know that when they look at how to improve their economic situation they're looking how do we generate more revenue and income and how do we -- where we can cut and that is what you -- hear the president stating.
That's a state of the union.
And with regard to the cuts that he didn't make -- in the last two years we also saw the privacy to create 2.2.
Million more jobs just in November and December you 200.
And 200 and nearly 50000 jobs created.
Respectively in those months -- the balanced approach of both looking at the types of -- we can make as well as generating the revenues closing loopholes making it fair and balance is what the president I think will be a clear in a bold way.
-- It together here aero balance they're gonna go -- -- but that's our GM he can't have them there.
As so -- here's the question these we have this request so.
This is all mostly -- because we are in a state and we govern from crisis to crisis to crisis we are staggering forward.
It's like sure leave.
The question is the -- coming up.
First of march the defense talks say this is -- Hollowing out a -- a nation of our defense preparation but it looks like it's going to happen anyway.
In terms of what the economic impact of something like that is going to be the president will be able to make an argument.
That -- -- cut spending here and it hurt the economy these defense contractors who have fired people we got to spend baby.
Well the program without argument that we got a tax increases to the Indians got 600 analyst -- seven trillion dollars in deficits -- next ten years from CBS -- Like I said it's a mandatory spending problem so.
What we want to do is solve those spending problems over the long term.
The sequester is a lot -- now we haven't seen an alternative house's posture placements that we don't have anything else on paper hopefully we'll see something else on paper and -- and -- can.
Go to conference came -- out -- regular order spin.
Think that's part of the problem.
That until until they can deal the long term spending comes you're right we're gonna continue to staggered from crisis.
-- -- a fair minded and patriotic do we give -- the label yes we do okay there well about yeah.
-- that -- count this as a success we thank you both for making time for us today.
Here's what big -- says.
Beginning 323 of Brooklyn now now.
At least he's predictable referring to president you can imagine if he changed his mind all of the time this is predictable.
Because we know we've heard what he's going to say it will be called -- But I think we've heard the things that he's going to say since he started running for president the second time which is to say pretty much after he got elected the first time.
He has not buried his point of view which is that we -- what he calls investment.
And he's going to keep pursuing that until either he loses.
The Republican Party breaks into a thousand pieces and runs off -- the hills but he's gonna keep doing it you can take it to the bank I guarantee you we're gonna take a quick break but when we come back campaign Carl Cameron.
Will be with us and we will talk about the state of the president's nominations and what's going on with Jack -- Who likes to keep his money where it's a little warmer than Washington DC -- -- to Iraq.
-- education scientific research and the rest let me put it this way.
It's been done many many times -- 89 times in the last since in that in recent history.
71 of those times where it was not filibuster necessarily but -- -- called for a sixty vote margin I want a sixty vote margin John.
And -- you don't have to filibuster to get that.
If there's a way of doing it wasn't gonna actually have to -- the filibuster that there's the threat -- -- I played at and that and that's what triggers the cloture vote so would you threaten.
A filibuster I would threatened to cause a sixty vote margin yes it would have been due to filibuster -- do it that way.
That -- James in off he is Republican senator from the great state of Oklahoma talking to John Roberts.
Who is filling in for our friend Shannon Bream on America's News HQ yesterday.
They're wonderful Sunday show that I hope you -- and what he was talking about there.
Was whether he would take what Democrats are -- the extraordinary.
Step the filibustering one Chuck Hagel.
The man the president wants to be -- the Department of Defense.
And senator in Hoff who doesn't mind jousting with the president says yes he would yes he would do that and what about that and this is power play.
And what about it indeed the president has a lot of people that he has nominated for jobs.
But they're not all getting to work yet because there -- -- serious disagreement about not just eagle.
But also John Brennan the man he wants to run the CIA.
And we haven't even gotten started really object -- the man the president wants -- on the treasury.
So you may be wondering Internet.
This Carl Cameron go into -- hyperbolic chamber for a period of time between election cycles does he goes some place to be.
It's like soaked in Red Bull so that he has the juice to get through -- he comes back to Washington.
And he ferrets out the latest.
What's going on here with fewer government in and that.
Hey and you know it's actually not the case that he's got a lot of nominees out frankly he's way behind the curve in terms of even the ones the ones that you noted these are are obviously nominations but they are -- with the exception John Kerry he's got nothing in terms of his new second term cabinet.
Obama is actually pretty far behind the pace by this time in 2004.
Bush had his whole cabinet in place -- whole second term that all the new nominations were all confirmed and in office by now if you go back to Bill Clinton.
Back in 1996 he was reelected.
And he had his whole second term cabinet completed by the end of January.
He was inaugurated a Betty it was done almost immediately so big big discrepancy with the way the Obama administration facing all the challenges the second -- -- -- -- now.
In -- is gonna filibuster.
Both -- -- both both hagel and probably John Brennan for CIA right and that assumes that.
He'll look at those votes of those confirmation as well actually make it to the senate floor because right now.
They are both.
Facing promised senatorial holds.
By Lindsey Graham of South Carolina senators is look they have not come clean up and -- -- they haven't come clean on their roles and interrogation tactics of the depositions on that.
-- not confirmation hearing was a terrible terrible performance even some Democrats that he blew it on his understanding of so much with the budget we have more -- history.
We have to do one thing the and we've we told the Internet earlier that -- gonna go ahead and vote on cable tomorrow when it which is going to be committee Friday in the committee which is going to be basically like running a giant diesel locomotive into the side of the of the while they're gonna just try to -- dude it's a jailbreak.
We'll see what happens but Carl you'll remember this I want you to take a listen to something from July of twenty.
Oh beautiful for spacious sky is.
Below are amber waves Brandon.
All our world -- it's fast.
-- -- Okay.
-- -- -- Quite possibly the brutal lists -- most brutalizing add that -- Obama for America ran.
Talking about Mitt Romney -- if you -- Taking his money and putting it in the Cayman Islands Jack Lew who goes up to testify on Wednesday.
And did the same -- Cayman Islands accounts offshore money that I was within when when Mitt Romney saying that phones for -- villages they instances are not pleasant thing for anybody.
Happy here even apprehend even for him.
Yes Jack who has given how to count on Democrats again you know we've done this he's been up for OMB and he's the -- -- -- we've looked into it -- that nothing but when you put -- in the political context of how they.
Trash Mitt -- last year.
The areas even if it is entirely legal and above board it is the kind of thing that comes up during confirmation hearings because -- can bring a candidate down now -- has other problems significant ones as well.
Jeff Sessions of Alabama is furious is this is suggested that Lou has perjured himself before congress -- testimonials like birds and has additional questions about such things as the -- -- accounts but that's that's more window dressing for somebody like such as is the ranking Republican on committees of jurisdiction.
He is going to demand very very clear answer some clarification or -- -- could put.
-- -- Nomination.
Audible as well all right Carly thank you very much yeah -- know you have to get back to the Red Bull attack we thank you very thank you for making time for us today okay.
-- say is it's Monday and hung tough and -- is up next about some quick power points up arrow points prioritize.
First PowerPoint under the -- unreal that's what we're talking about when we say -- with the president.
This goes for Republicans do when they lay out their priorities in the state of the union or anything else this is unreal these things are going to happen we know that because Washington can't swallow that much they can't.
Let alone walk and chew gum at the same time so here's your second PowerPoint control V.
That's if you you know that's how to paste in Microsoft Word and that's what a lot of the president's speech is going to be.
It's going to be a laundry list of policy points and policy provisions that we've heard before copied and pasted from other varsity as tweaked out and probably vote with the new little -- and it.
But it's not going to be it will probably not be bold TM as advertisements -- it will be repetitive.
And that's fine whatever but here's the third PowerPoint eat like -- cowboy.
And -- got to dinner.
He only had one dish so you don't -- one thing at a time it only -- where you can only barbecue -- you get a lead Stewart whatever was.
One dish one thing at a time in Washington now has to eat like cowboys so does the president this investors the next thing.
The only thing that the president's gonna talk about that matter will relate to that sequester.
I promise you that's the deal everything else is tough brief operate it has to do with trying to either beat up Republicans are layouts and policy points but the only stuff that matters is the stuff on the sequester this in Washington today we get -- like -- And those are you -- power points.
Thanks for making time for us -- we'll see you back here tomorrow.