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Okay you're looking live at the White -- related -- a select group of very influential Republicans will be joining the president for a cozy dinner.
-- the main dining room this is the president's private dining rooms of shall we say intimate.
Senator John -- is among the gas but before it breaks bread with the president some food for thought of all of us right now senator Tim good to have you.
Good afternoon nail what do you expect to come of this dinner disgruntled -- be a tight squeeze in there.
I would expect to -- -- it.
My hope is that we can have an honest conversation about.
You know what the president's plan is to save.
Programs to strengthen and in save Social Security Medicare and in what he when he intends to get serious about that to talk about his economic policies and what they're doing to the economy right now we've got.
Economic news out last week we got half a million people who -- looking for work.
Unemployment rate continues to be high and if you look at the labor participation -- the lowest level since 1979.
With -- which means that there's a lot of people out there.
Who have given up on this economy so.
If you if you look at his budget which was released today -- it's more the same it's more taxes more spending more debt.
All a very bad prescription if we're serious about growing economy creating jobs getting people back to work and increasing take home.
You you're not as impressed with his overture on social security and changing the index which -- -- benefits the moment.
Well you know look I I I give him credit for that it's a baby step forward it's something that he's already talked about it's not a lot of you know giving ground in my view.
It's really more -- -- and he characterizes as a statistical reform rather than a serious.
A structural reforms to entitlement programs.
There's so much more that we have to do we're gonna get serious about.
This major debt crisis that we're facing with regard these entitlement programs.
You know senator do you think that did these latest round of tax increases he is proposing closing loopholes and like I know you were an advocate about early on.
But I think the argument among some -- Republican colleagues -- we have been opened -- that had he not gone ahead and raise.
All of you know the tax rates are on the upper income and some of the other stuff they did otherwise it.
You -- -- opened to this you're just not overdo it now because he did that.
Well he already got a big tax increase on the coal rich people at the higher income levels are gonna pay more 620 billion dollars as a result of the fiscal cliff.
Deal that happened on January 1 you have to after the one trillion dollars in new taxes and Obama care he's gotten over one point seven trillion dollars in new tax revenue.
To work with his budget calls -- for another one trillion dollars on top of that at some point.
You start piling big big birds on the economy it's going to be impossible to recover.
And -- generate the economic growth that's necessary to get people back to work in -- make these fiscal imbalances look a lot smaller.
In the long run and so.
You know -- what I wanna hear this president do is you can say is that he's ready to take on.
Some -- -- special interest groups that are holding him back when it comes to serious meaningful entitlement reform.
That lowers the rates and broadens the base that is that you simply as a means to get more tax revenue so he can spend more.
We can do tax reform and there's Republican support for that up here but it's got to be done in a way.
The generates economic growth in -- jobs rather than just raises new tax revenue that the president can spend on more federal programs.
What's closely integrated energy and well -- we will indeed thanks -- all right senator Tim blitzing him.
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