New DC spending push ignites worries about price tag
Who's going to pay for all of this?
- Duration 9:57
- Date Feb 16, 2013
Who's going to pay for all of this?
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And what I -- him becoming right now any infomercials star.
It just hit me.
Nothing I'm proposing tonight should increase our deficit by a single dime.
And I instantly thought of this.
Do all the work it does this machine should sell for over 400 dollars you know you're not gonna spend 400 dollar sport not 37 -- five for 350.
All you -- for this fabulous machine.
And over 400 dollar value.
All you spend there's just more easy monthly payments of 3995.
We've got a better deal the president's -- won't cause you for easy installments of -- that invited back yet this it won't add a dime.
Not the 98 billion dollar -- -- -- not the forty billion dollar fix it first infrastructure plans and has had no idea.
Or even the paltry eight billion dollar community college career fund that's right.
Three new government programs that on -- -- -- thought of 46 million bucks not a dime it do our deficit and he's pitching on more than that.
But just one problem with the pitch.
Okay here's the thing someone's -- paid for.
Gerri Willis -- -- -- Charlie Gasparino.
And -- I guess my good buddy Charles Payne who like I said it's such a good job filling in for me while I was out that I'm cutting his -- -- every.
He talks about Charles -- -- megabytes.
Within a commercial -- -- to those sausage machine to eliminate food stamps in a money back guarantee you could stay because.
Unfortunately in my -- we're.
I don't want villain aspect of this I it and it was an extraordinarily dangerous -- -- -- -- And overall tone was the people have it they got it in the fiercely now we'll get -- -- -- -- -- at a cost the government anything but obviously is gonna cost something.
I don't know where to get that money I'll get a from the people that somehow data from main street.
You know how -- tea from a I'll go get a from -- don't worry about it's not gonna cost you done.
There are a lot of things are really worry about in the in the doubled down on spending and hundreds of billions of dollars -- that was proposed in the State of the Union Address.
-- didn't say you're gonna get it for three and obviously he will resist and was targeted at the -- -- meaning someone is gonna see.
Something and -- some.
I mean no doubt about it and I have to tell you I think it's a moral.
To make all these promises when you know at the end of the day you can't afford it we can't afford it to say preschool for everybody are you kidding me the money for that.
Also promises mortgage.
Assistance 3000 for everybody.
This is just crazy talk and and I think it's immoral to put this across -- something that's actually doable when it's not.
Telecast Brent what worried me most about it what -- a much all the new spending that I I kind of -- -- expected the doubling down on that.
But to dismiss the fact that the debt was even an -- didn't even come out and out and -- to say earlier today the White House really say -- -- you know we're very close to the two more trillion dollars and budget savings over the next ten years.
Again I -- -- over the next ten years and they're not close to the portrait and and on the way to getting there is a best -- -- But look both implied in that was one -- done this what -- what this old that.
Yeah I mean there is a fantasy.
Sort of aspect to the -- from a presidency United Healthcare.
Gonna pay for itself I mean yeah off the -- right.
We can just spend the money on the stimulus -- we don't care where goes it'll it'll be good for the economy guess what you -- Solyndra incentive.
A shovel ready projects as we know that's what happened.
I will say this the president generally politically just a politically is at is worse when he's the most liberal if you look at when the Republicans actually won the house and picked up.
Picked up seats in the senate it's when he was pushing his big government agenda when he backed off that with second year in the second year and -- -- That's when Barack Obama seems a lot more reasonable I think he's over shooting and I think he's going to shoot himself in the foot with this stuff.
I don't Susan what'd -- -- wanna get it I think this is part and parcel of a much bigger.
Problem that's coming across from prominent Democrats.
It not only of the waiting to spending problem but dismissing it as a problem at all -- -- there's been react.
It is still almost a false argument to say we have a spending problem I want.
Disagree with those who say we have -- -- The -- -- we have a spending problem.
And when they talk about that is like there's an assumption that somehow we as a nation -- broke.
-- -- -- It's funny I I knew my -- I just could sits in my bones that we were gonna that we're coming in Nancy Pelosi first on this subject.
I'm not -- Think they get a lot of to have a dozen prominent Democrats last week I just chose her because of the guys but you -- have to admit that's bizarre.
I don't think so here's what they're saying.
They're saying this isn't a spending problem it's a political problem in fact.
We can afford trillion dollars awarded going out -- coming in is not a political problem it's just the -- -- that.
-- you have to have a you have to have it coming and it's funny how we listen to what we hear what we want to hear the president.
Also spoke in that fantasy speech Charlie.
About cutting spending in other places about raising revenue and I played well you know the question did read that just let me finish Charlie that'll be -- -- -- the question -- What do we want what are we wanna pay for what -- the country are we interested in spending on that's what the Democrats are okay.
Here's a -- did -- we do let us -- I don't -- know what to say I'm not saying this in the left or right we do have a standing around.
We have more money going at a trillion more going out each year every year that is coming in.
Now I don't know -- had -- address that immediately but I think first of all it's like an AA meeting -- at a sustainable that.
On the spent -- holocaust.
-- -- -- -- -- Let's just the problem with what -- say is that we need to make choices we're not making any choices there are no choice is being made here at the end of the day.
You have to start cutting back somewhere.
That's State of the Union Address that was just shopping list if I was -- world I can afford everything I alliance what I what I.
Happy there I couldn't solve our state give the -- in Bobby Atlanta has always -- I have to admit I couldn't get through that entire speech was ahead a little acid reflux halfway through but I will say that's -- Can you imagine you watch it and I know you liked it.
-- well what do the -- spending program he wants to cut.
Well it could -- the military is in hello I suck at but clearly we're going to be.
We are going to be able to save money on military spending we should all be very glad and hope -- realize this is not a -- is that right we're not playing.
Unlike surrounding these exits there's no more terrorism we just press a button well.
I'm not even consider -- life like now that it didn't quite -- I just what I am getting at Charles -- -- -- -- Mike back on which regrettably we do is is is this notion that.
It's not serious -- even mention.
Another woods when anything comes up to address all right how -- going to be looking at this disorders say.
We're done with this hold that -- because we've cobble together a four trillion dollar -- that we have a -- together when when we say we're cutting when in fact over the next ten years even the best in areas were still gonna have.
Five trillion dollars and more -- -- we have now it's a good alternate universe.
Number one -- and gets a little bit to Charlie's point the president is only cloaking his agenda and with economic theories that try to push him through.
I don't think the president cares who wants second nada I photo of a second about deficits I don't think he cares he has an agenda it's not an economic agenda is an agenda about social justice and rewriting the wrongs of yesteryear it's -- -- about that we did not only read this -- -- -- well.
The redistribution of -- abilities guns kill people not the people that pull triggers.
All we heard all day long was that somehow everybody in this country who were somehow victims.
-- victims from honest hard working people organizations that had nothing zero to do what they're what the circumstance.
What I held without data at an -- -- and I I I obviously disagree with the way you said it Charles but there's a lot of truth to what you say the president absolutely social justice.
Is part of his agenda if you wanna put it that way so this is a good conversation you're right the president abandoned or or well done in the -- As an orwellian.
Theme here I mean things -- we don't spend money we just don't tax enough I mean.
The Obama presidency it and it's it's even embedded by the media.
You know makes up its own terms -- try to describe spending in this in the sense that we don't tax enough.
I mean it is a bizarre way of looking at the world and wanted to -- -- aliens is you have a media that's complicit with his sales job and I.
I'll tell -- -- -- -- I don't want adults -- artists journalists I know I just wanna be on record it very clear.
You listen to does -- -- -- thank you sort who do -- numbers who went through the whole apple spreadsheets over many years better than anyone trying to.
You don't think.
We have a spending -- in this country.
I I think we do have a spending problem I think the president addressed that the other night as much as he addressed some of these I don't know.
As many problems by spending more that would -- like me saying on Pluto I'd be spelled.
Right now on earth I'm not and I had I think we have to wake up in and realize stuff right and it just weren't you this this this journalists is probably one of the best with the numbers -- now.
Obviously -- look at the numbers and say I'm taking -- pass things are okay well.
The -- stick to the state of the union speech is our our high level laundry list says Jerry said and he literally said we need to do both need to -- here -- I'm very proud to know what I could be done when they don't hold -- -- speeches anyway we should stop today they don't nobody -- make no difference what kind of -- have a skating union but hold him accountable.
Where's the New York Times on this I just -- it.
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