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The White House says the president's budget will be released April 10 more than two months late.
-- the house and senate have introduced their versions and take in both laugh a key differences so how little all of this ultimately be hammered out some kind of compromise is that possible.
Let's talk about it fair and balanced win at Arizona Republican congressman David -- and from the other -- of the -- Democrat from New York.
Congressman Eliot -- welcome to you -- thank you.
-- our congress -- start with you there's a lot of room in between the various versions we've seen before do you think the -- will find any common ground when we do eventually get it.
Well I hope so we have to find common ground I think frankly the American people are fed up with both sides.
And I think they're looking for us to turn to the sensible center and try to meet me this this gridlock it seems to be happening on every single issue.
In the congress is not good for the country.
Not good for the congress and and certainly not good for the American people so I I would hope.
That we would we would find some kind of common ground from my vantage point the only way yeah you could achieve write a budget that's fair.
You have to have.
A combination of of cutting spending -- raising some revenues in closing some tax loopholes you have to do in moderation you have to meet in the middle.
And that's what the American people wants to do.
Our congressman -- how do you respond to that because from what we've seen in the senate which was put together -- by democratic senator Patty Murray.
When you talk about raising revenue on that -- you're talking about more than a trillion dollars in revenue is there any part of that Republicans will go along what.
That's probably not but but actually in in many ways this is a big step.
You know I can't tell -- how many times the phone in my office has wrong and people think compromise.
Compromise with what so for last four years.
We didn't have a senate budget and it's hard to compromise if you're negotiating with yourself.
And that would be the Republicans in the house so many ways this is a big step now the two budgets are light years apart.
But at least we now have the benchmarks.
For each side and what what their vision.
Of governing actually looks like.
-- an -- since that point let's talk about the senate democratic budget for now.
It doesn't ever talk about balancing the budget it says you know we've got more immediate concerns were not even going to have that as a goal.
Is that something as Americans that we should be okay -- Well I believe in balancing the budget I also believe that you cannot do it overnight it's going to take some time to to get there but it should be a goal.
What the budget it -- senate budget is essentially saying.
Is that we have -- -- Take care of pressing concerns right now.
But I think a combination of taking care of the pressing concerns right now.
And moving to balance our budget is something that the American people looking for and I -- as my colleague people want compromise and we need to give it to them.
-- congressman reichert the house budget includes repealing in the president's health care law.
Democrats say it's also all about giving tax breaks to the wealthiest of Americans how do you defend -- -- and and I think that part is purely rhetorical because it actually has in they're woven in there a dramatic improvement.
In our tax code the reality of it is we have to spur economic growth if we're gonna grind ourselves out of this debt deficits.
And so we need a much broader base without a lot of the one obvious created gimmicks.
And our tax code and that's actually woven into the house budget.
I'll look if you want to continue to borrow massive amounts of money.
At some point here we're going to be punished by the debt market.
And for the senate to have produced a budget that doesn't sort of ever ever come into balance.
It it actually creates a real danger point -- sometime in the future.
Of a spike in interest rates that's why it's so important to tell the world in the debt markets that we have a plan how we're going to start to bend this debt -- Congressman striker congressman -- great to have you both today for a very friendly discussion and I believe people complemented each other as well so -- you -- after.
I'll take have a blessed Easter -- -- a.
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