Time to promote more government spending?
Democrats double down on objection to budget cuts
- Duration 8:23
- Date Mar 2, 2013
Democrats double down on objection to budget cuts
Also in this playlist...
This transcript is automatically generated
And -- a time when the government should be looking to cut spending the White House is accused of kicking off.
Federal officials -- from city to city instructing local leaders.
How to get their hands on even more federal money so is this necessary or should the worst use of taxpayer dollars at a critical time.
Hi everybody I'm David as a -- reports on fox let's go and focus where did Steve Forbes -- stronger which -- guard Elizabeth MacDonald -- -- and joining -- for the very first time but not the last.
Sabrina Schaeffer good to see you all speak -- White House.
By the way is denying that this is a spending two or what -- You say at.
If they -- that it suspending -- actually exactly what it is David these guys are addicted to spending they don't realize they take resources out of the economy when they do this which hurts the economy.
But money does not come from -- from heaven it doesn't come from Mars come from we the people of taxing borrowing or printing money which is another form of taxation.
This just a symptom of a sick.
Rick as -- suspending until words -- something that we need.
It's it's it's a wonderful PR campaign is what it is but what I like about it.
Is the very people who voted for the appropriations -- create money.
To help cities are the same people who are labeling this as wild spending -- all that's happening -- government agencies are going into these cities.
To help the more efficiently use the government money that we've committed.
To these programs so they're not wasting -- why is this a bad idea well because of the fact rich that a lot of people suggest it encourages local officials to take more federal money.
Yeah I bet you're right about that but you know what this really -- this this isn't a campaign for the 2014.
That's why he's going to a hundred cities a hundred congressional district office.
You know what Obama wants to do is leave and FDR legacy and spending a new government programs the only way he's going to do that is have a veto proof.
Majority in the senate and to recapture the House of Representatives so make no mistake.
This is the opening volley of the 2014.
And John just at a time when when some people inside the beltway anywhere try to cut spending by the way.
The debt clock just keeps on taking a -- seems like just yesterday went to sixteen trillion.
Now we are actually closer to seventeen trillion then we artist sixteen -- it's now sixteen point six trillion I mean this is not that I.
For spending -- -- if that's what you wanna call it right.
It's not but this is the Obama administration playing politics may not -- believe that government spending enhances our well being.
But this is the job of the Republican Party then in control the house to point out that government spending is in fact the economy and economy smothering concept.
The destroys exponentially more jobs than it actually -- it's time for Republicans to back up the rhetoric and block it.
And hearing rooms remember they didn't want the debt clock this week they want it removed.
I say put in the front -- of that loss on that spending tour because what's going off this.
Is that essentially it -- -- -- CEO told their company and it scared the be Jesus that other companies say.
You know what 2% and cuts of our budget we're gonna have to lay you off.
That's CEO will be shown the door and that's what's going on we've -- averaged 17% growth and agency.
And portentous about a 2% cut I mean it's tiny so we're in the fifth -- three and a half trillion dollar budgets hang on let me just tell you this we have one report one point 4% anemic growth.
And three million less Americans working all the spending -- Work and well and Sabrina it's really not a cut at all if you look at what's happening overall expenses so far we've had to spending bills there's mostly focus on cutting the deficit.
And neither one of them broke one proposed by the president while with the -- -- last tax increases.
And that the other -- proposed by Democrats now neither one of them have spending increase there is still an increase our net increase in spending.
Right this -- Area is really much ado about nothing and and the reality is -- I think this it's so rich to watch Democrats now when he at this political prop the debt clock.
As if that's -- going to be a real distraction from the issue at hand as you say were were creeping -- seventeen trillion dollars in debt.
For borrowing forty cents of every dollar Americans know that this is this is ridiculous that we're not talking about expanding -- universal preschool.
I'm mad that as a selling tool for Democrats to get more power and -- fourteen.
Rick what about that the president's always target about a balanced approach neither approach presented either that the last tax increase which had zero spending cuts.
Or the courage proposal by Democrats have any spending cuts at all -- just moving things around.
Actually that's not true it is true Eric I'm sorry you're wrong not strictly -- hold -- hold up are you run the heartbreak you can't say that when it is -- -- to your opinion but not the facts the Congressional Budget Office there are -- -- Congressional Budget Office has determined and they are nonpartisan organization.
Determined that in fact the Democrats last proposal has a net increase in spending go ahead.
Poets -- you're not saying there are -- spending cuts you're saying that when you.
When you add in the revenue increases and -- -- have free she's.
She's in the federal spending we will be spending more money into third 2013.
And we are this year I'll actually I think that's probably right -- probably will be spending more money.
But you know as well as I do that that's not.
How you do an analysis of spending cuts but let me go back -- -- it has topic might.
Wish my friend you got to go back to -- -- -- go ahead.
My my my friend rich seems to be of the opinion that Barack Obama is going out on a rock and roll -- here and stopping and -- hundred cities.
The president is not going on -- hundreds city tour.
These are agencies of government going out to work with these various cities to help them be efficient.
In how they use money now David we have increased spending every year I'm going back to your point yeah absolutely true although -- ninety million dollars.
Quite finish the point -- are you well you will -- not.
You will acknowledge that we have seen a decline.
It annual deficit every year will you not not the national debt but the deficit in the budget -- -- seen that since his alma.
Yahoo! blog is increasing guard heavy metal is something the polls are already showing my heart -- hired of the spending increases in Washington DC.
-- -- didn't pay.
Our guys in Washington DC who we hired to increase spending and increase our taxes this hundred city tour what -- I don't care.
Already there have been road maps presented by CBO congressional research service saying.
There are hundreds of billions of dollars in redundancies -- federal agencies the promise we also have eighty federal union worker groups and unions that are saying.
Winnipeg and don't cut my my spending keep it is -- that's the problem what is your biggest.
Be specific here about what is being spent in one of these tours they're going to -- organ for example a lot of federal officials are going -- To talk about how to get more federal money one of the things have been spending federal money on day one point six million dollars went to Beaverton Oregon.
From the Centers for Disease Control to jump start partnerships.
Among local community health organizations this is the sort of thing they're spending money on is this really not where we should be cutting rather than increasing.
What -- this is the president knows how to how to be a politician and he know that this is his field office on steroids.
He knows that when he gets down on the ground and hot sticky ball.
He's able to change minds and if you ask people do you think we have a good education -- and they say no but if you ask that they like there.
Particular public school they say yes so he suddenly talk about.
How -- the spending that we're doing here in Washington impacts you in or again people are gonna get on board with you and so I didn't unfortunately the president is.
It's probably more savvy -- -- I don't let -- -- and Hernandez.
Is gonna help and Steve the fact is that we're going in the wrong direction we are spending more money for all the talk about cuts that's right and as the entitlements -- can get -- statement we had a normal economic recovery normal economic growth.
We have slice at least another half a trillion dollars off -- the deficit just to growth alone.
So the pathetic cut in the deficit in this point of a recovery is just that pathetic aren't cut as a cut -- a cut coming up next.