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Rep. Rangel on Dems' tax demands

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    NY lawmaker weighs in on issue

  • Duration 5:43
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-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- But I'm not saying you're at the same.

Just blaming Republicans but he.

I think it would be I don't think.

That people that is suffering in the United States today Republicans Democrats the Americans.

Out of work.

And a lot of them really have no hope except to hope that the people in Washington get their act together Republicans and Democrat ever do them.

But the fact is that.

You know we're talking about how much money that wealthy I'm making right now the stock market as -- me.

You can't just save money by cutting off people and firing people during these very huge resumed -- suspected tax is limited and what -- -- and back and look at -- -- -- -- -- Not -- would not.

Not talking about -- in taxes.

There's no nine no -- can honestly site.

That I taxes some is riddled with loopholes that should be close haven't had nothing to do with the recession nothing to do with the deficit deficit.

You would have to make certain that people don't deserve it -- May -- the credit Noah did deduction is no longer necessary.

Maybe the industry that had the tax incentive.

Has become so -- so successful.

That they should have a -- -- I don't.

That -- event I don't vote was but what I worry about congress and it and it it's just kind of north.

It's all you so much easier.

To hike taxes than it ever -- to cut spending.

And so the rap against your party unity to disavow me of -- notion is that you would sooner -- and cut.

Any time every time.

The last steal the budget -- deal this deal that we change the rules going into an after the fact.

Even Bob Woodward claim that so.

-- -- -- -- He has to -- put a whole lot of things together -- ignore you but I know welcome to the -- have found that your party lies lies might get.

The parties and -- -- the fact suggest who simple this nobody's gonna tell you.

They're just cutting -- laying off people during a recession is good for the economy is now the recession now.

Of course we're coming out of it -- -- this is a recession you're saying as the recession now I'm saying that would why did you like taxes in the middle of recession.

We are not talking about -- is -- taxes don't you sound so much like a small group of people.

Who believe that closing loopholes -- -- main.

Is it's raises revenue but it's not -- they're not gonna happen and an out you already set out.

I'm not -- we have a poll congressman that shows -- a lot of Americans residents subject about getting serious about this how will the country get the budget deficit under control.

Nearly success that a set only with -- automatic cuts 29% while lawmakers can do it for to -- went to a nobody says that he should have revenue and tax cuts -- up -- and you should just have tax cut you should have something to get people back to work.

Had colleagues congress and say all right probably we gave you -- pound of flesh we didn't like.

But we we we swallowed it and an accepted Texans we don't like it but we did and we got a deal where they feel they were snookered that you say they were now.

And so when the follow a deal comes you say we're gonna need more tax hikes would want why do you blame it blame them for not feeling a little bit.

Put aside you tell me are Republicans feels that we gave -- the Republicans -- members of congress have been given anything.

It's just a stupid attitude that some people have signed and said.

Under no circumstances should anyone have a tax increase -- -- -- -- -- to people other than the constitution.

But -- truth of the matter is that.

We are talking about.

Closing the loophole line unit and that blows a little balls and that's raising revenue -- -- not just that now is I'm fine -- and zero -- that I guess what I'm curious that is.

Why lead to the right you can all find John McCain was sitting -- you are saying just saying okay what is wrong with -- saying all right.

You're going to close loopholes.

We are gonna do this it's the we're gonna do this February where Democrats Walsh act that that is -- at the legendary that's -- had seldom does the budget -- better than anyone that -- deal was better than forty to one.

Spending over but get the last steel which a lot of that I what they -- somewhere and that's -- they remember.

Let's admit job is not to smoke but we would then -- jobs -- about where we going into question his -- question.

It's not healthy I mean it's not a congress and that is not how planets are minorities are are still one.

Spending because tax hikes over spending cuts can you blame Republicans are looking at this and saying.

Now we don't have people who -- work that we want to create jobs would you're talking about some cocky -- the economic formula.

Now I'm not let's talk about what -- public -- -- done.

The last time is so that -- what they -- pocket.

And tax the top one but I -- -- say a pox on both your houses right a box above rounds well a -- solely to the extent that we can't get along but don't say.

That you just have to do cutting you have and above their house today you have to just do revenues.

No one is saying that okay Medicaid Medicare Ed -- -- security.

I don't think she'd be on the table -- this is not that -- forever ago OK if it's not gonna raise revenue don't cut it.

-- -- my finger just telling you that would that I just trying to make you a little weird back on our very go.

Charlie Rangel.

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