Sequestration nation: How did we get here?
Timeline of key moments in budget battle
- Duration 7:01
- Date Feb 21, 2013
Timeline of key moments in budget battle
Also in this playlist...
This transcript is automatically generated
Obama backed candidate now President Obama and his liberal allies are in damage control mode to try to deflect blame when it comes to the looming some -- cuts for the president's past comments well they're coming back to haunt -- for example remember this from last fall.
First of all this oppressors not something that I proposes something the congress has proposed it will not happen.
-- president it looks like it will happen as the automatic cuts are slated to go into effect next week.
Now the RNC has a new web ad reminding people -- just whose idea in this whole thing was in the first place by access.
Whose idea was sequester me it was the White House it was Obama and jetBlue -- resume.
I will be so any effort to get rid those automatic spending cuts.
-- semester -- defenseman.
That's why it's so troubling and then just ten days from now.
Might allow a series of automatic.
Severe budget cuts to take place team that we do.
And joining me now with reaction former New York City mayor Rudy Giuliani.
He -- for it before -- again it was his idea.
And now it's doom and gloom and dumb and stupid but how what are we to make it back.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Mitt Romney said it wasn't his idea of -- and of course Bob Woodward pointed out in his book.
That it wasn't his idea and Jack -- idea they're the ones who proposes it was always a terrible idea.
This is one of the -- that dumbest things the president -- have -- proposed.
And the damage it's gonna do particularly or military and it's a good defense.
President secretary of defense.
Said there would be catastrophic.
You see I think the reason getting it I think you're going to -- -- -- a clear -- -- I think those -- the cuts he wants.
Know what Joseph I think he's -- wanted to cut I mean when he talks about the other kinds that are really the thing I mean look.
The other thing is really driving this budget totally out of control its health care spending.
And the president has only talked about.
He hasn't done a -- talk about modest cuts to health care.
Modest cuts to health care I'm not gonna help me we're gonna have to do something really serious we're spending a trillion dollars a year more then we -- And we've been doing it every year he's been president know what the president has ever done this kind of spending nobody's -- even been close.
To blame this Tom bush is ridiculous -- spending -- bush was an amateur this guy's a professional and -- spend -- I.
That's a good way to put it.
He's also a demagogue.
You know there comes a point where this becomes actually comical dirty air water in -- for Republicans -- children and and report of doom and gloom in this mine in apocalyptic.
Book of revelation I mean at times the predictions it's it's.
-- yeah I mean the people who really don't like children -- the people that are -- children with a tremendous -- mean the president still is definitely -- What exactly I mean this is this is borrowing enormous amounts of money that are children are gonna have to pay back.
That our children are gonna have to see the disaster of of an economy that shrinks as a result of this heavy debt.
We're not when I'm meeting our responsibility.
That's paying our bills we're not meeting our responsibility of paying the things that we want to consume and removing it onto our children -- grandchildren.
No generation of Americans has ever done it to the extent that we are doing it we should be ashamed of ourselves it.
You know let me ask you the media side -- -- -- democracy does not work until the media is out there doing their job.
So help me out with -- with this they've never gone into the dead issue because the president.
Said George Bush was unpatriotic irresponsible four trillion dollars and eight years he has six trillion in four years.
So here we have Russia is on inauguration day.
They've got missiles nuclear missiles flying over Guam we got the Chinese are hacking into our computers here in this country.
And the only -- the media in this country cares about they want a picture of Obama -- Tiger Woods but that's where their focus this.
At at -- and then if he wants to cut maybe they should stop taking separate vacations.
And so many vacation just a thought of the media wanted to go after that.
But of course they won't do that I mean -- -- the reality is -- -- that you have to reinvent the wheel Ronald Reagan did this.
Ronald Reagan got control of -- totally out of control budget that Jimmy Carter left and.
They totally out of control economy straightened it out.
And not only did he cut our military he increased our military.
And he spent the Soviet Union out of oblivion into oblivion according to Gorbachev so Ronald Reagan was able to accomplish.
Getting pretty good control over a budget tremendous results for our economy but also making our military the strongest in the world.
And where are facing.
Just an untold number of threats right now.
Now plus the thing I worry about the most is when we cut our military particular our navy we encourage the wrong people in China.
To want to challenge us now instead of.
Keeping the gap between us so great that China would challenge us.
Yeah I would like to know what what is he gonna do to stop the Chinese hacking.
What any new when he found out the Russians were flying over our airspace would nuclear weapons why was he -- before the sequestered now he's against those of Questar.
He never gets asked any of these questions by these -- off a suck up.
You know kisses her backside media personalities out there -- it's unbelievable you.
-- you know as mayor you got hammered by the New York immediately he sat there every day and bantered back.
Can -- fourth with a and I was the better Florida's over the people of New York thanks reality.
At the you know there there there and I was I checked and balanced by the press every single day you're Chris -- I -- I Chris Christie.
I fought I fought back.
But it also help me help me stay on my toes it help me avoid big mistakes and help me cancel mistakes as they were as they were proceeding.
-- that that the press is not doing its job at all with this president that by giving him a free ride.
-- -- -- ultimately we're gonna pay the price a trillion dollars a year or more per year every year he's been mayor no president ever done that to -- no president has ever done that to our children.
It's scary and we we literally are stealing from our children were robbing them blind -- -- no question about it Sean found we got to do something.
And -- literally get away with it this is 85 billion dollars a year will spend more this year with the -- that we spent last year.
And it's not the doom and gloom that he's saying it felt all right -- he can't propose any kind of serious cuts and he talked about modest cuts the -- to propose a modest cuts.
Much less cuts that would really make sense.
This is only Washington math mr.
mayor good to see --