Also in this playlist...
This transcript is automatically generated
Senator nice to see him.
Thank you Greta it's always wonderful to be with you -- -- after the interview -- was anyway I right now.
You have set have been quoted saying that extending tax cuts for those making more than nine dollars year is.
Tomorrow yes it borders on moral recklessness and let me explain and have voted for the first set of bush tax cuts because.
At the time we had as you'll remember.
Billion dollar annual surplus.
So my people said to me Mary we've got a lot of extra money can we as some of the fact tax cuts -- that yes.
This time is different.
We don't have a surplus we have a deficit as far as we can see we have debts piling up in Iraq and Afghanistan.
And we -- senior citizens not getting the kind of -- that they need or deserve we have men and women in uniform not getting kind of cola they needed to serve.
And Greta we're now being asked to consider to consider.
In come tax cuts to individuals and families that in this recession have managed to figure out a way to turn.
A million dollars a year and we're borrowing that money so.
Let me tell you a defence may say borderline -- while I think what I think.
I think is in -- Analyzing -- to last minute did this for political reasons -- -- to do that any guys that decided this a long -- witnesses lot of pressure.
Number -- he really don't know how much money because we have no budget.
So you guys didn't know budgets we don't know how much we truly me.
Number three is that the waste and fraud that things like the yen the joint strike force alternative alternate engine that the Pentagon says.
They don't need.
They don't want the Obama administration doesn't want yet we spend billions of dollars still going forward and it's utter waste of nobody needs it.
Or wants and he doesn't -- -- -- aggressiveness in terms of going after waste so.
-- talk about giving.
Most people Americans and I -- income level as they don't think -- taxes as the government giving thanks to the government as taking so.
It it's -- wrong sequences yard -- after.
Well let me take just a couple things first of all I'm on the Appropriations.
Committee -- already passed.
Ten out of our eleven appropriation bills and -- -- ready for floor action but being blocked basically by the Republican leadership number two.
-- voted to eliminate out of headed to imminently -- -- waste fraud and abuse number three that's.
And yes I support Secretary Gates has called for a last defense spending because some of it is wasteful and -- south.
But let me just say that.
To cut to say that we in times of need where middle class families are struggling and on the broad middle class -- I'm talking about families.
That make 250000.
-- -- 300000 here 400 that's a lot of money in Louisiana it's not a lot of money coming just finished.
In New York -- California I have Republican leaders.
Asking us to borrow.
Almost fifteen billion dollars.
To gifts from people from the from the taxpayer to give him.
To people making over.
Unveiling new England and I think that's wrong -- -- -- of the politicians and interested at all due respect I admire politicians.
Have been complicit in this you -- you -- monitoring what was going on in the housing industry you've got all the prompts -- SEC -- how -- got to be snatched a bloody max.
If you don't want the responsibility.
Adrian have a budget we don't even know how much money we need -- you're trying last week presently talk about we -- President Obama has been in office to two years much of this inherited from the former president and former congressman I'm not saying that we don't have.
Some blame to share here but to say amateur -- thing.
The Democrats are out I got mixed we all look -- -- We have all make mistakes but let's not make another.
Let's not borrow.
Fifty billion dollars that we don't -- To -- income tax free income tax dividend and capital gains tax to people making an annual income.
-- the -- and I wanna say one more thing.
-- a Democrat that believes in millionaires I'd like to create more of them on the Clinton Democrats.
-- believes in creating wealth to the broad middle class to making more millionaires in America I don't have a problem with creating.
What I have a problem with is borrowing money from the poor.
The destitute the unemployed and the middle class and businesses to give money to people.
Who are making an annual income of a million dollars I'm and it -- very difficult time doing.
You know I want help those people.
But block one of the ways we help the -- by moving your feet fired both Republicans and Democrats as it why don't you go after the -- it's all outstanding look at the billion dollars we spent on an invisible offensive to Boeing which is not through the credit I am not let's -- But what -- happened in every time you run for office not you.
But politicians that we're gonna go after waste and fraud we don't hear any of that until now what the last minute Alison you all revved up about taxes and you're talking about how we gonna give money to the rich and -- and an American people are saying.
You know how much to meet them but Apple's personal management we need -- how much we don't -- -- we don't have this put the reasoning and is so let me.
And it's -- -- governess it's.
That is not just mismanagement it's getting tax cuts that that we couldn't pay for it's going into two wars that President Bush didn't pay for -- the recession.
That we've had to dig away at us of their many reasons for but the question before the congress today -- today.
We have to put a package together to extend middle class tax cut pollution we extend those tax cuts to the families making 25350.
And every one.
I say not to everyone we can hardly afford to do it.
For the people that really need it the most middle class families broadly speaking.
A 100000 to 500000.
But you know what.
Let's just say that we can all agree that people -- annual incomes of over a million dollars shouldn't be first in line and.
That's what the Republican leaders still I don't think it's -- all of us are still alive then yeah his audience first I'm telling.
I don't think in the -- you want to let what you want to talk about the unemployment wouldn't -- -- -- back to 2009 with the -- with the stimulus bill.
And which which -- -- a week about the question it wore off.
I think it's -- -- bills are passed and -- -- that's another level in world.
It morality I'm wasting a little bit of a -- that and I appreciate you showing up but to answer these questions we've been very good about that but -- it really does our economy.
If the stewards of our economy.
And we need help from our politicians and weeks we expect that this -- this but when it's so mismanaged and the only solution is to come back -- people of all income strategists say look.
You know we're thinking about raise your taxes and do an at the last minute.
Know what we're thinking about doing is giving tax cuts in the middle class and small businesses that really needed it we have to borrow the money to do it maybe we should we should not most certainly under no circumstance that I could even think.
-- contemplate our dream.
Borrow money that we don't have to give people making -- hundred million dollars annual income.
Not net worth of a 1000002 million annual income and -- That is up a bridge to find hot and I can keep that commitment out of view of that first feared that the same -- but he has about the -- of after the -- fraud.
We will got a license it'll keep doing it and thank you probably happy to the file on -- and thank you very much for -- for -- thank you.
Filter by section