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And welcome to FOX News Sunday panel plus with Carl -- Bob Woodward Kimberly -- -- and Juan Williams and as promised we're gonna pick up right but we left off on the show.
We were right the middle of a discussion about.
Sequestration.
What's gonna happen what should happen I'm gonna give the floor back to Bob -- -- -- We -- -- to offer a year.
Yeah I I think I think there's discussion and in your right Kimberly that the Republicans don't want to do this because there.
They.
Gave -- on tax cuts and they want some spending cuts and that's what the sequestration.
Is automatic spending cuts I mean I hate that term.
Sequestration that sounds like something you do when you bend over in the doctor's office.
How long did you work on that yeah.
Relevant I don't know if I -- -- are -- this is on the Internet not.
-- not done that and wonderful to get something you do.
The doctor's office and it's an awful words it is an awful word -- -- -- he's not a man I can't think yeah.
-- -- -- -- So in that debate so your point it but 100 often -- outside that it it.
That they can come up with some -- -- alternative what what is the AMD's latest indication they had this happened in August of 2011 they'd have bought.
A year and a half -- your house plus rent -- haven't done -- they have -- a recommended a didn't do it they have the fiscal cliff that didn't do it what makes you think another year we'll do what he bend.
Even this group here if we spend an hour or we can come up with the reasonable solution there's a way to cut.
There's -- way did do serious sticks reform so why -- -- between now and marks because what you I mean what's -- do you dig into this which I spent too much time doing.
In Mitch McConnell -- leader.
Of the Republicans makes a very good case and I have -- in my book that the president just walked away.
-- sequester and then when they set up the super committee which was supposed come up with the alternative the president walked away.
John Kerry of all people who was a senator they end on the super committee makes him.
Gave him strong case.
That the Republicans wouldn't do would deal in the super committee in that.
-- in the last days was just offering all kinds of deals so the Republicans would not have to take.
Any significant tax increases and I think that's true so this is this is that mutual -- were in.
The dysfunction of government where the Democrats and the Republicans -- have equal responsibility and they don't.
Have equal responsibility in our system in our system under the Federalist papers.
Hamilton was right there's energy in the executive the president of the United States bears responsibility for moving this process -- And delay that for you what do we -- what what confidence we have.
That the president going to be any more engaged over the next year now there is an easy way out of this.
There is an easy way out of -- they're too easy ways haven't -- is the easy way out the Republicans are gonna probably offer which is Mr.
President you it's we're gonna we will give you the authority.
To determine what 85 billion dollars and Smart cuts he has.
By giving flexibility do you and your cabinet officials into alternative that's an alternative the second one is the Republicans passed 200 twice.
Majors -- put in 237.
Billion dollars over the next ten years.
To replace -- -- the 85 billion dollars of what they considered to be Smart cuts the senate could have passed its measure we could have gone to conference we could hammered it out on the normal order of things and bypass the president but the senate has never taken up either one.
Of the 200.
The guy who occasionally.
Bridge and all of that taxes it'll look -- -- waiting for years not gonna change that when Democrats are saying we cannot find 85 billion dollars to -- And now and then we will not do it and less.
We get tax money until right now the only way the Republicans.
Can get that kind of minimal spending cut -- the federal government is to go ahead -- sequestered.
Yeah but that -- I tell you they -- the ones and when you look at this I was citing national institute of health I mean they are gonna devastate.
The programs.
That.
The Democrats well well well come out well I know is that 85 billion dollars if you have.
Mr.
rose solution which is you give the president -- right site here is you -- -- capital subtle kind of done.
After that -- of domestic spending you'll choose renovate and it's an alternative but I think somehow in this is -- -- you have to stop this train.
That is gonna run -- -- let's not Klein -- -- -- point.
-- -- I just think that you have to take the broader picture here at the government has a role to play in the American economy nobody's gonna argue that.
I think Republicans argue that through the spending cuts right now you somehow help -- kind of what that argument doesn't hold water.
And he's just not the case that if you suddenly withdraw.
Government spending.
As we saw in the last quarter of last year the third quarter what happened the economy went down the recovery faltered.
You can't do that to get to think in broader terms this focus simply on spending cuts.
Is to mine mine my OPEC and you saw what they.
Senate Democrats offered this because they owe the Democrats don't have I think there was a package put 420.
Billion dollar -- for this -- what.
Excellent that's what it.
Let's agree we need -- spending cuts but there at the Democrats and Republicans have come up.
-- part of the way in terms of these spending cuts why won't Republicans negotiates -- have always think it's Carlson has.
This is the president's responsibility.
Yeah.
Republicans and the house had passed tool measures at the house is that it has to measures -- that you really -- -- request -- secret friend had this kind of government debt and -- -- -- had a cynical little those proposals that you site.
Have any any viability in terms of conference in terms of going you know you -- -- they had to kill at least let me.
Let me give you one example.
They go and parents say for example let's.
Why are we changing and Byron.
By by regulation the standards for who can get on the food stamp program you can now get on the food stamp program if you get one dollar.
In utility assistance you can literally get on food stamps if you get a brochure from an from a government agency.
Why is administration changed the regulations regarding who's eligible for food stamps so they no longer -- the lot that's one of their very sensible regulations experience you know what we have gone through a terrible recession -- and we've seen hikes and garlic I don't hear you talking about oil industry.
I don't hear you talk about the gas industry don't think you're talking about the rich and you're right you're right I got into like god they -- -- rich yeah let me say I think that's like whenever I can I want to say two things one is.
The president himself ran television ads saying.
I will accept two and a half dollars and spending cuts for every dollar in revenue that's his balanced approach we have 600.
Billion dollars in additional revenue.
That translates into about a big a 1000000000005 ended in spending cuts we're talking about arriving at 85 billion dollars and.
Answers more revenues were running out of tape I just wanted to I just want to thank you just I don't know whenever does -- what does it has.
So what words idea was let's take some more time to discuss -- I said let's take more time in this panel plots to discuss that.
We got nowhere.
He gets couldn't make a proposal we need a new constitutional.
Officer for the country in their ideas psychiatrist.
To Washington could who could sit down but we had to work -- -- big problem tell -- and I -- -- -- -- -- -- -- How would they vote for zero to break into your office -- -- -- I think we need you almost Frontline.
We've got ourselves second without dropping -- let us know what you think about all -- but from my Monday edition of Wallace -- -- you can find here at five -- dot com.
We'll see you back here.
