Democrats in denial about spending?
Rep. Charlie Rangel on state of economy
- Duration 6:02
- Date Feb 11, 2013
Rep. Charlie Rangel on state of economy
Also in this playlist...
This transcript is automatically generated
Have on the back Hannity with the state of the union now less than 24 hours way Democrats seem to be in power.
Panic mode and some are resorting to complete denial for example take House Minority Leader Nancy Pelosi who said on FOX News Sunday.
That the country spending was well that's.
Assimilated it into almost a false argument to say we have a spending problem they don't budget deficit problem that we have to address.
Seriously no -- at sixteen trillion dollars in dead doesn't scream a spending problem I don't know what does now.
Surprisingly earlier today when asked about policies of -- denial white house Press Secretary Jay Carney had no choice but to completely contradictory -- -- House Minority Leader Nancy Pelosi on Sunday broadcasts beatings resumed about the risk.
Of cuts referring to sequester.
On the future United States she's talking about education scientific research.
She says quote it is also false and wrong to say we have a spending problems the president think we have a spending problem.
You know I feel like we this is a little bit of deja Vu here of course the president believes that we have a spending problem.
Ellis -- admit to joining me not explain why that Democrats are in denial about the dismal economic state democratic congressman Charlie Rangel power is our.
I'm doing well doing well -- do you agree with Nancy Carney I think -- that he got a budget problem -- -- And when you have a budget problem -- -- had sixteen point four trillion dollars in debt.
It seems it me got a race in -- -- cutbacks in spending so.
You got to have both what is your largest amount raised taxes he got that part now it's time to cut no I think dead.
We really have to look at this this -- whether or not -- revenues out the end.
This tax cuts out the in this it trillion dollars in the tax code if you looking for -- tax reform.
That UV rays in grab you by the same token.
I think we have to look at everything this on board and I think you believe that Joseph you're in New York Coca.
How much these evil rich people and the president always lectures us -- not they're not paying their fair share.
And they got to pay their fair share.
I think you know I got.
At -- every dollar they make those those terribly rich people how much should they be able to keep that every dollar they make I don't think that we are talking about it class war which you want to let this too.
What we are talking about this whether or not the top 1% should have been entitled to a continuation just got OK I just raise the taxes -- -- -- taking care of that but I think that.
-- we talk about corporate tax.
We have to reduce the corporate tax and you can only do it yes and when I was trying to do that myself.
But did know what you do what you have to get rid of those tax cuts.
That had not no longer necessary those so called incentive you're really good -- not answer my question mr.
Charlie Rangel so let's try to get ahead.
And had a every dollar one of those rich people in New York make how much should they be able to keep.
Well I would depends on what that tax rates are also everything I didn't know state I don't -- idea they love gave you making yourself 67 billion dollars a year effect I've not got -- you have an idea that that you should.
Because you realize that yeah.
There was a sense of every dollar that that's Taiwanese.
Since you're taking a look at the New York that's what you play well I don't I don't think that we he had to define what the tax code is going that is the reality that's what it is man no no no I don't I don't know.
-- -- -- if you really take a look at the retrieval that we have in this country.
Most of them don't pay any -- possible kind of I pay sixty cents of every dollar.
Well it means that you need his seven gonna tell -- -- -- -- -- faith all what Charlie I buy you.
Count my eye on the verge of getting a troubling congress -- get out here is you're not really talking about individual tax rates what you're talking about this actually pull them and that is something we need to do I don't think anyone.
Include new challenges that let me ask you this she -- about Barack Obama -- and the lack of diversity that he has.
He said it's embarrassing as -- What you mean that was a picture that they had in the New York Times I think and it excluded the one black person that was.
Appointed by him.
And I -- that Google is run.
Mitt Romney had the same type the picture.
And I said that there was no diversity in the picture it -- that picture the next they had another wouldn't came out.
And we saw that there was a lady standing up and you just not not.
I don't know how amazing their letter that ought to I quit well maybe he needs Mitt Romney's binders so we get to hire a few more women will I don't know whether admit that we never got to see and see you this that if you do have -- -- -- into our.
Guys and obviously -- -- that's that's how are your friend it Menendez weakening in the New York Times that's what they said an opinion piece about Menendez they said quote instead of trying to protect mr.
Menendez of New Jersey Democrat.
The senate majority leader Harry Reid needs to remove the gavel.
And when the New York Times is raising questions about his fitness to serve.
In light you know the allegations out there what does that tell you that tells me that there's a problem.
It tells me that it's a problem with the newspapers and I don't know whether -- not in New York Times.
It's that the judge you've gotten out to members of the senate -- unless this have been -- constitution I looked.
Let me ask you question about you here you are the head of the powerful.
House Ways and Means Committee you guys are in charge of writing tax -- And then all these ethics issues come down on you and taxes.
Why did you allow that happened knowing you -- all these years in congress and that that was gonna hurt your reputation why didn't you just pay the bill what ensure.
Actually actually that case is that really Obama.
And -- in my counsel Jay Goldberg -- don't think that'd be proper for me discuss -- any -- and you show.
But I tell you one that you know what it is so that you -- a personal and get the chances acknowledged that that's a promise all right I'll take it okay all right Charles right.