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Carney talks SOTU, sequestration cuts

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    White House press secretary on 'Special Report'

  • Duration 7:55
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Ed thank you let's get more into the particulars and I joining me now from briefing room at the white house Press Secretary Jay Carney could -- thanks for sticking around the breaking news my pleasure Brett thanks for having me what does the president looking to do tonight and are the stories about the tone and tenor.

Of tonight being aggressive.

Accurate.

Well I would say the answer to that question the second one is no the president I think dramatically and Connolly will.

Can continue.

What he is said.

Repeatedly on the national stage going all the way back to his.

Speech to the Democratic Convention in Boston in 2004.

Where he talked about the need for us to come together.

And let you know I you know reach common ground and and find solutions to the challenges that face us did.

What we set aside party -- you heard him in the inaugural address Brett talk about how which nobody expects us to resolve all of our differences for Democrats and Republicans to agree on everything.

But that shouldn't be an excuse for getting nothing done we ought to come together.

And reach compromises on the central issues and challenges that face us and that dramatically is something you'll hear the president echo again today.

He'll make clear what his agenda is what his vision is but but he'll make clear also that.

There are ways to achieve these things if we come together and work together in a bipartisan fashion.

You know you mentioned the inaugural address of people on the left and the right to characterize that address as being from a liberal point of view.

Rightly or wrongly.

Speaker Boehner.

Thought it was he had breakfast this morning I -- -- and he said among other things quote I would expect tonight to be more partisan.

I was talking more partisan -- the inaugural address and then as you heard in Ed's piece he said.

About.

Whether the president will address deficit debt.

He said quote I don't think he has the guts to do what he doesn't have the courage to take on the liberal side of his own party never hats.

Your response of that.

Well I'll take the the second part first this is the president.

Who in negotiations with that very same speaker of the house put on the table.

You know reforms to Medicare.

And reforms to our entitlements they were very tough -- to swallow for the Democratic Party.

He did because he's leading his party toward a compromise.

That would reduce our deficit by the four trillion dollars to so many people have identified over -- ten year period as necessary to get our oh deficit and debt to GDP ratios in line.

What we haven't seen unfortunately from the Republican side is anything like.

Those kinds of guys when it comes to asking Republicans.

Two make tough decisions.

On the issues that are challenging for them including revenues what we hear again and again and again from the Republicans is no revenues no revenues we'd rather.

Have the sequester go into effect in all that terrible consequences that would entail from that -- asked corporate jet owners to give up there tax loopholes or.

Hedge fund managers to give up the court and carried interest provision that allows them to pay.

Taxes on there and come at a far lower rate then most Americans do so you know the president's.

Been very gutsy when it comes to the proposals he's put on the table and that remain on the table for deficit reduction.

And he looks forward to working with congress to get the rest of the job done.

As president he signed into law.

2.5 trillion dollars already in deficit reduction 70% of that has come in spending cuts 30% in revenue that's balance and we need to continue it.

Well there's a lot of folks as you might imagine on.

The conservative side who question the 2.5 trillion dollars.

And how it adds up this speaker Boehner said.

I don't like this sequester I don't want to sequester but the spending issues the biggest issue that threatens our future and what are we going to get serious about our long term spending problem when is the president going to propose something instead of the sequester.

How about senate Democrats and we know senate Democrats are going to propose something.

But Boehner said about as you mentioned increasing revenue.

Quote the president's gotten his revenue period him.

So is that it I mean is this going to be a battle -- good arms.

We've heard ultimatums -- for -- and we heard that no way no how would.

Rates rise to the Clinton now levels on the highest site owners in this country and and and that has happened because it was the right policy the right thing to do because we need to do this in a balanced way just late last year the speaker claimed he had a plan.

To raise up to 800 billion dollars in revenue through tax reform from the wealthiest Americans presumably that's because our tax code is filled with.

Loopholes and special deductions.

That we can eliminate or clothes or limit if that was the right policy.

Two months ago how could -- not be the right policy now how can you say that we're going to cut education.

Funding cut.

Medicare further than we have to simply to protect those special breaks that the wealthy -- -- corporations get that.

Normal folks don't get -- small businesses don't get that just doesn't make sense it's not good policy and you know we're gonna work with the Republicans.

To try to achieve additional balance deficit reduction not just because the president thinks that's the right way to go it's the what the American people think.

Is the right way to go as we learned last year during the election.

RJ.

Last thing the president said this during the election during the debate.

October 22.

-- -- -- the comments on this first of all this question is not something that I proposes something the congress has proposed it what might happen.

So.

On that statement.

Both things.

Probably.

Could be said there are not true right.

Well yeah I love that the Republicans are trying to make this the Obama sequester let me remind you.

It on the data sequester passed the House of Representatives.

269.

Congressmen and women voted for it.

How many were Republicans a 171.

Among those Republicans the speaker of the house the Republican majority leader the Republican whip and the chairman of the Budget Committee who later became the vice presidential nominee.

All of them voted for the speaker of the house that day said I got 98% of what I want I'm pretty pleased so somehow.

What they like then they don't like now but it's then they're they're trying to say it was the president's idea fairness I think it was the residents well look the who -- the Republican -- -- right.

-- what I what I will concede is that we were looking and the Republicans were looking for a trigger a round which to build the mechanism to get us out of default possibility -- and it's a question was one of -- ideas put forward yet by the president's team but Jack -- quoted about Woodward's book as saying quote we have an idea for a trigger and and what Harry Reid is sort of saying what's the idea and he says social restoration you guys can hang all you want on this but I thought let's go to flip book.

What to include.

Revenue in that and shockingly.

Balance was -- entirely by Republicans at the time that's why we have the situation we have now.

And both sides agreed.

When the Republicans voted overwhelmingly for it as I'll remind you.

That -- -- it was designed deliberately to be terrible policy that should not come to pass and what we're hearing from Republicans now unfortunately.

Again is that it would be better to have tens of thousands of people laid off -- -- To have thousands of kids thrown off of head start if this sequester kicks and then to ask.

Corporate jet owners.

To give up their tax break or to ask.

Oil and gas companies who have been making record profits and who are.

You know again and again year after year to give up taxpayer subsidies that's just not good economic policy doesn't make sense of the American people support it.

Guy I know news when I see and I totally understand they thought Brett thanks to Jeff.

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