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And I -- we had to -- -- what we know.
Without a shred of doubt.
We are consigned -- next generation -- an inferior standard of -- We are headed to absolute financial collapse.
We look at that Ryan budget has.
Perfect example of why balance -- so yeah this is the alternative to now.
We will never be able to balance the budget if you keep obamacare going because obamacare is a fiscal train wreck.
If you take the budget the way.
The Republicans in the house are presenting it.
It will have a drag on the economy right now you guys we have a budget we had a budget in four years what are you doing ripping this one to shreds.
Not since 1941.
As the president.
Failed to meet the timetable to submit his proposed budget.
To the United States congress and president will be put in Florida budget.
In the next several weeks probably deleted.
It is beyond party yeah I've been here a month.
-- itself interestingly.
I honestly have not seen regular border since I've been here.
It seems like that's we're going from catastrophes.
And this is really how the president operates.
Talk about nerve the White House slamming congressman Paul Ryan's budget plan get the White House hasn't bothered to put out its own budget.
The losses a president must submit a budget by the first Monday in February.
But that didn't happen.
Senator Kelly -- is on the Budget Committee she joins us nice to see you did -- the -- -- mom -- a presence but another do not responsible for the present but I you're curious I'm very.
Areas where it is I mean you think about actually I'm glad the senate Democrats are finally after four years gonna do a budget in the senate.
But basically he's -- himself irrelevant because his budget apparently is gonna come after the house puts forth its budget.
After the senate does its budget and so where is he on the says she think you would have a a fiscal blueprint for the country.
I don't get -- near your lawyer I'm a lawyer and maybe I'm too literal but this but he is obligated by the -- the first one in February now I know presidents before him have also failed to -- this is not the first time.
Any president he's still the number of times.
But it it Monday when this is when all these presidents and they didn't and the reason why we have these rules we have some semblance of order but he -- the -- -- the march and -- we -- is -- -- -- -- -- -- -- what's the point of these -- -- these -- You know -- -- And so you think that these rules would mean something they're there for a reason so that as we're doing the budget mark -- the president has actually presented his blueprint for the country.
And so we're going to be going into the budget mark -- this to come on the Budget Committee will be doing it without his his piece of it and frankly when he drops it.
-- -- -- Please say you're in the Budget Committee but the fact is you are Republican in a democratic demo -- dominated -- senate.
And and that same thing happens in reverse in the house that I take it that you have I mean I would hope that the root for the Republicans have some input given takes with some semblance of bipartisanship.
But -- and do the Democrats up permit any of that participation by Republicans and I guess to question being reverse if you're in the majority.
Well I have to say this -- I mean one thing what we do know is that we are going to be giving -- opening statements.
Are on the Budget Committee in the senate.
But here's the interesting thing we won't actually get the democrats' budget until after we give our opening statements which is absurd on its face.
But we will get their budget what they have released about their budget so far.
Is it'll have a trillion dollars in new taxes.
That it won't balance within the ten year window in fact it may never balanced.
And also even though there's a trillion dollars and and tax increases.
It's not -- are fundamentally reform -- -- programs Social Security Medicare that are going bankrupt.
So you know -- I'm waiting to see it and we will have our chance to weigh in on it.
We will have amendments to it and certainly will present our vision which will be.
Bringing us to bounce in ten years like the house is -- We mentioned bounced -- -- Obama speaking at George Stephanopoulos ABC and he was quoted as saying in part.
Without my goal is not to chasing a -- budget for the sake of balance.
Well I you know I I guess chasing a balanced budget for the sake of balance is not a good reason but.
Chasing a balanced budget making sure we have a balanced budget because.
First of all it makes sense it's good for economic growth and not really getting.
Jobs created in this country if we continue to run trillion dollar deficits each year.
It -- it hurts our economic growth but also puts isn't a position I'm a mother to children.
What are we doing what are we passing on the next generation we're spending their money is outrageous why the Democrats have -- a vastly different view of it -- Senate Budget Committee Republicans.
Well you know I think that they have I think that they're they have a view that if they keep spending and spending that government can solve every problem.
And we have a view that.
The government has an important place.
But that we believe the jobs are created in the private sector let's great a great climate for private sector growth on the tax climate the regulatory climate.
And let's get our fiscal house in order and make sure that were responsible would be taxpayer dollar you mentioned taxes and -- this senate senate primary was to chairman of the Budget Committee is going to this -- some stimulus element to -- to descend budget bill.
And that one of the way to pick up the revenue to do it is -- closing loopholes.
Do you have any problem closing loopholes.
Well I actually think that doing tax reform would be positive for economic growth.
But what they have put forward and division would be.
To simplify the code and lower rates.
To make our tax code easier to file but also make us more competitive particularly on the -- but also for individual rates a lot of businesses file that way.
But what they're putting -- is an additional trillion dollars.
In taxes they haven't said how they'll do that.
And that's on top of the 600 billion dollars in revenue.
That came from the fiscal cliff so then -- one point six and then you put the obamacare taxes on top of it.
You know our businesses are struggling already this this have to hit the middle class.
Passing it almost every average American.
Did they ever talk to them I'm Democrats come Abbas is really serious isn't given take -- do you have budget means we sit down talk about the stuff.
Or is it simply the republics in one corner of the Democrats in the other.
Well we do have some meetings bipartisan meetings where they're more informal.
And we -- talking about the -- the country and and how we can come together.
But so far the Budget Committee.
You know I'm glad there -- there is going to be a budget mark up I think that is positive because they're not ignoring the law this year.
But not we will have different visions on on -- how we make sure that we address the fiscal challenges facing the country.
And there's doesn't involve a balancing it all that doesn't seem important to them.
I think people the average American understands at home that the -- budget states have to balance their budget.
So that at some point you keep running these deficits how do you pay it back.
Gay ran up the credit card event -- it -- it -- by you because you can't pay the interest on absolutely can do it.
Senator nice to see -- great.
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