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Breaking down the politics of sequestration

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    Political Insiders weigh in

  • Duration 6:39
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There's no leadership in Washington DC.

And any and all.

We don't do that at the state level.

We make the tough decisions we have to make real decisions staff decisions sometimes of how to balance that budget not just take -- -- attached to it cut across the board but decide what you can make where you can make those cuts that are least effective on the economy and -- our national defense.

Right those who governors by the way speaking out at the National Governors Association winter meeting.

Showing their frustration with gridlock in Washington DC the nation's capital the reason the inability of the White House and congress.

To reach a budget deal as of march 1 deadline gets closer triggering automatic spending cuts across the board that could be draconian and drastic let's bring in our political insiders discuss this Packard -- Fox's contributor.

And a former poster for president Jimmy Carter and -- showing he to -- Fox News contributor.

And former poster.

For Bill Clinton -- third insider former New York congressman John -- -- -- -- home with the flu and John if you're watching I know you probably are we are wishing you well my friend speedy recovery and our prayers are with you all right let's get right to exist.

You know here we are discussing this and -- five days away from these draconian.

Measures.

That -- Kick in automatic spending cuts -- we've been discussing this when it didn't have to happen.

We're discussing it because there's a lack of leadership in Washington.

President Obama only plays class warfare.

He attacks Republicans for being agents of the rich he isn't serious about this and the Republicans have no narrative no argument no -- of their own.

Both sides are playing politics -- while it was you know it's really worse than that even look we have -- -- -- not across the board.

They are selected cuts there -- -- we're not touching Social Security -- Medicare entitlements which are driving the cost.

And and health care which is driving the costs are not -- The in these are very selective cards.

That are triggered -- they're -- been offer last week for flexibility.

He -- so we don't have to the president running around going.

You're predicting and causing.

Just as absolute fear mongering up we're gonna really make this disasters for your problem airplanes that we -- hurt children all the stuff.

They could do would differently we're not talking about that much money they're not interest in this is is all about politics and the problem is only one side is in effect.

To be effective but that and that's the present.

But as we heard from the -- we can hear their frustration and very visibly senate they don't have -- need to -- because they're turning the corner and most of their states right now with the finance with the economy somewhat stabilizing all the although it is still rather anemic.

But with them stabilizing when these six sequestration cuts take place.

It can send them back as they claim.

In two.

A very dire situation with their economy Kelly.

States have to balance their budgets each year by law the federal government obviously doesn't.

-- -- In a recovery that -- you suggested is very tepid so if the governors are facing cuts in assistance that -- Blunt meat cleaver -- -- was describing.

-- -- they're looking at the possibility.

Of real problems in their states plus a national downturn plus the gridlock that.

We've just been discussing it's not a recipe for anything but disaster.

A pent up consumer group -- talk whether the gridlock for example.

We know the President Obama made an attempt to prevent this by speaking with speaker Boehner and Senate Minority Leader Mitch McConnell but critics say it was a half hearted measure not -- Not doing in the -- and perfunctory phone called them if he were serious about any of this which he has not been let's all wake up folks.

If he were serious he -- started months ago weeks ago two weeks ago and brought people on the White House -- on the Camp David done something.

To seriously gate he did he made a phone call so that he -- You have to excuse -- tried his interest is not solving this but -- -- it is one thing.

Destroying the Republican Party okay and a lot of critics have said that he's trying to just further while only partnership on the other hand it's a double edged sword because Republicans.

Basically you're trying to do the same thing or not but there so incompetent -- here's the thing at Pat's right.

The Republican Party.

Has no real support at this point this they're losing on the question of who you played for sequestration.

Going through 49 to 31.

Or thereabouts.

Bottom line what Obama is -- And it's a big bet is that there's the data he's -- Cali that if they -- -- -- -- the Republicans.

And -- terms of responsibility.

And those numbers go up that the mid term elections will work to the democrats' advantage.

He's willing to risk an economic downturn a drop in economic growth a drop in the stock market depresses political advantage and the Republicans by -- ineptitude.

Are complicit here here here's the concern that I think many Americans have we can bring the -- just once more to show you what's going on.

Why Americans are so concerned about this if you look at that once more.

How who's to blame for sequestration cuts.

Let's get beyond the blame game because -- fifty million people -- are living on the poverty low levels.

That should be a sin and crime and atrocity in this country and we're fighting about sequestration.

-- -- Well first ball is wanted to order for -- this week you know -- these people have no concern about what's going on her.

Which is to food prices which just talked about last -- we're going through the roof.

The gasoline prices are up forty cents in a week.

People with real incomes are paying are really hurting -- we view is we have what we haven't pollen and -- his political game -- worse.

The president talks about wanting to rich to -- what we just to have a tax increase.

The giveaways and he wants to get it back to give -- from -- that's what deal he code that would -- billions to every special and.

I am just sent to -- but he let's talk.

Let's get it wrong let's solve our long this is fiscal problem he is author of this is is the person that Republicans embraced it I don't care who had played.

They were supposed to do something why he's an author of this senator Lindsey Graham rightly pointed out that Republicans signed going to sit -- -- he has an operating -- -- parties -- all signed on to it they all agreed it was supposed to cause on the but let me -- the country can -- so what do you I'm 31 -- They're really gonna shopper when they start having nothing -- that.

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