Fox News
Expand
Browse All Video
Watch Live

You're watching...

Obama warns of doom and gloom as spending cuts near

Details

  • Description

    President calls on Congress to take urgent action to avoid sequester

  • Duration 9:55
  • Date

Clips

Also in this playlist...

Editor's Picks

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

We only ten short days away from what is known as he sequester 85 billion dollars an automatic budget cuts.

That will among other things dramatically -- Department of Defense.

And with the march 1 deadline fast approaching the president of the United States he decided to step off the golf course earlier today and address this dire situation.

These cuts are not Smart they are not fair they will hurt our economy they'll add hundreds of thousands of Americans to the unemployment -- this is not an abstraction.

People will lose their jobs are the cuts are not Smart enough -- -- gonna hurt the economy but what the president didn't mention.

That the sequestered that was his idea in the first place.

Bob as a man who literally wrote the book about the budget battle.

Put this to rest whose idea was the sequester.

And did you ever think that we actually get to this point that first of -- it was the White House who was Obama and Jack -- and rob nabors who went to the democratic leader in the senate Harry Reid and -- This is the solution.

-- there you have -- the plan the president is now calling quote not Smart not fair.

Was actually his solution -- -- saving the economy but again.

That's -- we heard today at the White House instead what we heard was our commander campaigner in chief.

Reverting back into election mode of course blaming Republicans using pathetic scare tactics to smear the opposition sound familiar.

Now you've already heard a sample that fear mongering what I'm about to play for you can only be described as.

Obama is Mayan apocalypse it's a chilling presidential prophecy.

That we'll have you questioning whether or not the -- -- -- and rise next Friday if in fact be sequestered takes hold.

Here's more the president's dire warning fear mongering from earlier today.

And let's just say that we had a ties his comments a little bit and take a look.

-- congress allows this meat cleaver approach to take place.

They won't jeopardize our military -- what kind of strange and.

-- -- -- -- -- -- -- all of this rate job creating investments and education bill and I am registered in this class what part.

She's US history to be -- right there emergency responders their ability to help communities respond to recover from disasters.

We'll be degraded.

Border Patrol agents -- their hours reduced.

FBI agents will be very long view which fueled -- -- seven years and that heroes now cost.

And so we federal prosecutors will have to close cases and let criminals go.

Places get that -- hole.

And actually.

Air traffic controllers and airport security -- -- cutbacks and can you fly this plane and landed them surely can't be serious.

I am serious.

And don't call me Shirley from tens of thousands of Paris web scrambled to Biden child here for their kids.

Hundreds of thousands of Americans will lose access to primary care and preventive care.

Why Democrats Republicans business leaders and economists.

-- -- said that these cuts bone here in Washington as sequestration.

Are a bad idea.

Into the world as we know what he had to try and defend his old boss former chair of the president's council of economic advisors.

Prop professor at the university Chicago business Austan Goolsbee along with -- contribute Tucker Carlson.

Austin let's go to the videotape this was back in 2011 then.

This was Obama's idea let's listen -- old boss.

Already some in congress are trying to undo these automatic spending cuts.

My message to them this simple.

No.

I will veto any effort to get rid of those automatic spending cuts to met domestic and defense spending.

There will be no easy off ramps on this -- What's.

So I guess he's the one that's not fair -- not Smart and he's the one that -- the economy because it was -- idea.

Now about first -- and you better hope all those movies where fox 20th Century Fox movies or you're gonna get married you're in violation of that copyright that's I don't -- on the really -- announced that the context.

Of the quote that you just played from 2011.

Was that Republicans in congress we're trying to revisit the sequester and make it.

Only on the discretionary part and go take out the day event is is I don't know if this is a -- -- it was he is brilliant idea -- -- -- of that Harry are you remember I thought well I cannot wait him out yeah why did he go to Harry Reid why didn't go visit her -- and anybody who watches vision now.

Knows that I've tried to bet you for the election that the loser would shave their head and you Wharton -- But still available had a -- you know it was going to be closer view I.

Had it on the plus sizes.

I think razor thin margin of guys but I've got the guy had lost the -- today I had lost the -- and I shared my head that doesn't mean.

That the fact that I proposed the bad doesn't mean I want to shave my head that's what I got close to mode.

Isn't the president's idea Bob Woodward's -- -- two and -- let me go to Florida -- -- tiger rebels -- Tucker I think we've just got to throw in the towel let me go to the president all the scare tactics.

-- if -- conservative in this country want -- poison the air and water right you don't care about children with autism Down's syndrome you don't care about the elderly.

We've got fear mongering demagogues in the White House that that doesn't like us and things were evil watch for -- and that.

-- -- born with a silver spoon in my mind.

Michelle was.

But somebody gave us -- chance.

There's like these folks up here looking for a chance.

This congressional Republican budget it's something different altogether.

It is a Trojan horse.

It is thinly veiled social dorm and -- when -- My plan says we're gonna put -- back in the classroom construction workers back to work rebuilding America.

And then you've got their plan which is -- dirtier air dirtier water who -- -- fifty million Americans.

Many -- somebody's grandparents.

Some -- middle class families who have children with autism or Down syndrome.

The -- -- Americans -- be telling.

To fend for themselves.

Obama president demagogue I don't know what else could you say Tucker it's actually funny at this point.

Well it's it's remarkable I covered him in his 2008 campaign -- remember the one of his big applause lines was.

I'll never try and give you candy I'll never try to pretend these are easy choices I'll tell you the truth.

Even if you don't like it.

And how far we have come from there to this point where -- he said today Republicans would like nothing more than just got hurt first responders for the sake of doing so.

In order to help their friends in the financial services business he actually with a straight face said.

This is a clear choice.

Between making the rich pay more or hurting the rest of us as if you could balance the budget on the backs of the rich that's just a lot as a math question that's a lot and he knows it's a -- and he says it anyway I think that's pretty well and it's by the way it's a change continues to talk this way.

In his first campaign he didn't people voted -- thinking that he was uniter.

And he has ceased trying and this is not a partisan don't watch the tape.

You know I Boston Yvonne and use the president's standard let's play a little word association game here if he's -- -- -- -- has -- he air and water and throw granny over the -- and panicking I thought vision that they wanted dirty air and an airplane I'll play it again they're playing at a wet and you.

Anyway then they well -- here -- -- about now what Lisa let me read it to you then you have their plan which says let's have dirty air dirty water.

Thousand of our -- -- Emporia Arab land use -- winter when you're.

Birdie or water they make that's just a budget that's not what he says you're a whole bunch of words video analysis I have thought -- here's my idea I got a good idea.

If it probably if he uses those standards that we wanna throw granny over the cliff don't kid can't -- kids in the audience doesn't -- -- -- are you 100000 played it I did that when it.

That I'm gonna call the president -- in his same tactics.

I think the president's a thief.

I think he's stealing.

When we borrow 46 cents of every guy he's stealing from our kids now I said that.

Would I be over the top would that be why did you demagogue -- that you said that many dimes and your senate debate and I think yeah yeah.

Could have a proxy stealing from children here is that stand breaking open their piggy banks and take it their pennies but -- -- borrowing 46 cents of every dollar.

If your concerned about the deficit.

Then let's come up with a reasonable plan.

That has some revenues that has some entitlement cuts that has some discretionary cut Republicans are asked to play a couple -- ahead.

He had never proposed doing it only with high income revenue we absolutely needed now are not honest enough did you listen to what he -- say it's just not serious for a San said if the sequestration goes through we'll have to cut -- -- -- we have had a head start for 48 years we know an awful lot about how effective it is.

And the evidence -- it it doesn't work it produces no measurable change the educational I would say -- -- -- got a head start and not serious about -- any -- security -- it is actually -- you know take a break we're gonna come -- what was formerly.

-- haven't Obama economic advisor who's standing words to what Obama says Austan Goolsbee and and it Tucker's unit did so -- -- -- export and Tucker Carlson is so innovative the president is stealing money from children when we come back and that way.

Load More