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Will Obama reach deal with Congress before cuts?

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    Rep. Van Hollen weighs in

  • Duration 4:36
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This transcript is automatically generated

Anything can come of that meeting.

Congressmen but -- that.

When -- -- it's great to be with you I'm not sure where there really need to cape crusader out the previous guest was talking about but luck.

I think if that leaders can get together and do two things one come up with a plan.

To replace the sequester for a period of time even if it's a relatively short period of time two or three months and then use that time to trying get.

A framework on the longer term agreement to reduce gun that was an analogy -- done.

Well actually is the reason we keep -- lurching from artificial crisis artificial crisis is we have not gotten one comprehensive sort of grand bargain.

I've done so if we can if we can find a way to replace a sequestered for a period of time and use that time productively.

To trying get a -- term agreements so that again.

Were out of the sequester.

Were out of the threat of government shut down.

-- no longer having these threats over whether or not the United States will pay its debts and its obligations that would provide some certainty the economy.

And allow us to move forward on the job front.

But isn't the greater risk to our economy this constant maneuvering -- to do just what you're saying that every time up against the -- we find a way.

Suggests.

You know move the gulf.

Well that's that's why I think we should use this time next two or three months.

First to replace the sequester -- don't begin to see the very negative impact of the sequester in the accorded a nonpartisan Congressional Budget Office.

If you allow the sequestered take full effect for march the end of the year you'll have 750000.

Fewer American jobs that's not me.

That's the independent congressional.

I think that the sorrow congress and it's -- let's -- that's right edited and quoted CBO that's the latest somebody using you're quite right.

But we're talking 85 billion dollars half of -- -- is in -- -- years.

And and and this is something that is become the source of great acrimony that you noses budget numbers better than than most.

And now that it's it's barely.

You know it's a rounding error as I -- -- rounding error I mean 85 billion dollars -- forty war.

And we have you know north of three point six trillion dollar budget.

A sixteen plus trillion dollar debt my gosh if we can't get around doing something like this we'll never get around to doing it if things go on.

-- well I agree that we should be able to reduce the deficit by.

This much and a whole lot more and just yesterday for the third time this year.

I asked for a vote in the house of representatives on an alternative proposal that I've put -- with some of my colleagues that would achieve the same at a deficit reduction.

Spread out over a little period of time.

Through cuts and revenue.

And you wouldn't have the economic disruption you would not lose 750000.

Jobs which in this economy which is growing very slowly.

It is nothing to sneeze at.

But DUI so congress and -- now you talk generally about those job.

Losses the president talks about the likelihood.

A number -- inspectors going.

Air traffic you could.

Might be compromised security at airports might be compromised.

I think is exactly I just think he's -- outside the -- in the White House is dialing back.

And and now -- do you -- going to be parties decide that.

The president knows he he is here mark.

Well two things that -- that the number I sided 750000.

Jobs lost between march 1 and he was not the president's numbers not my number.

That's that progress.

Nobody know how does that all the others I don't personally so we need to oversee we're gonna.

-- yes -- hear it here but you know that's not yet he -- here you know here's what I think -- if it is it's true this guy is not gonna fall tomorrow morning or Saturday morning but.

Things will get progressively.

Worse in terms of the disruption.

Throughout the economy and all those things will happen as people are furloughed so.

People look you you can't take that much out of out of the services in that short -- period -- and not have any impact.

On the economy on and on on people whether it's an airport serve or food inspectors but -- I -- lots of movement the more important thing though to keep an eye on is that aggregate 750000.

Jobs.

Number of which is very real according to the other than on our citizens -- add on for now but congress it's always a pleasure thank you.

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