explains
dad and the political theater surround me in our entire mega panel now joins up
uh... with our special guest governor george pataki from new york uh...
joining of the panel majority four coz
sam syllable commentator engine one weber
uh... and former governor george pataki oblivious to her from both of us high
and we also heard from senator tom coburn sam your thoughts on programs
decision to upped the ante so to speak
tax code
loopholes
eligibility
means testing on entitlements a trillion dollars at a defensive basis as if you
don't go for the four nine trillion that you are not actually engaging the
problem your thoughts well i mean i i i don't think they are number one crisis
frankly is the data deficit at this point i think a number-one crisis is
jobs
out with that said i mean i applied uh...
senator coburn
for talking about cuts a defense i applaud him for realizing that we have a
revenue problem in this country
we talk about spending in terms of uh... g_d_p_ and this country
well in fact our revenue is it's far lower
uh... relative to uh... it's natural base line uh... relative to g_d_p_
that are spending is higher
that's simply a fact and so uh... at the end of the day i would rather see hehehe
jobs program
but i appreciate at least that there is some measure of a modicum of honesty
coming from the right there we have the day of the revenue probably a go ahead
and this is a proper sensible discussion which is what the american people want
and is up and the most recent poll to meet before the may ten two seventy
percent of americans
once republicans and democrats to want to get a to talk to problems to either
one in five americans think the desert russia can you cut through spending cuts
in london but one of my americans seem to be holding the rest america hostage
and has set me going on in congress at the moment it isn't sending just a sense
of the trial of the american people headed to to what sam was saying
governor
business through frame because as soon as we can you talk with the debt
we'd auto jobs
we all know
but the decline in jobs
created a climate revenue which then creates more debt
we were beyond reconcile in job creation and or alternately revenue generation
about cutting
well i think she did and the point about jobs being a critical priority for this
country is absolutely right and you don't create jobs in the private sector
by raising the taxes on small businesses
by raising the marginal income tax rate bought by not dealing with the bliss of
the burden much interrelated and i wouldn't have you back to do the senate
also look at how you match the t
uh... and and i think respectfully you're wrong about twenty percent
holding hostage because at least on the republican and conservative side
you have planned after ten
you have poll ryan's planned yet senator to lee's plan you have coburns what
where is that it was last
dot is not a lot of miles away and i just think well around us not by a
longer one wonders why it out there it's the people's budget cuts that the
deficit by five point six trillion dollars
over the course if he's re-elected ninety-seven mice and this has been as
an example policy this implant ninety-seven the nonsense when i was in
a nice another another democratic senator
u_s_'s their plan out there to do it here is what i thought i'd let you know
let's break this back into it showed one thing at a time
doctoral that let's just take stick with jobs and at right now where i come back
for a democrat republicans later limit that
based solutions was laid out there and it's not the president's budget that was
voted down ninety seven and nothing that couldn't be scored by the cpr those so
they
what is out there it is the ball simpson bipartisan report
it cuts four trillion out of the deficit
it raises revenue by close to a trillion dollars but at the same time it's
raising revenue by closing loopholes in getting rid of subsidies
it's slower the marginal tax rate on individual income tax payers to twenty
three percent
it's lower in the corporate rate of twenty two percent
now that's gonna treat its going to get small businesses to hire and it's not
being narrow band of conservative republicans holding the american people
hostage it's the president's bipartisan report that he threw in the wastebasket
mccain's also has a little bit of asia graduate
it's not a bipartisan report
the report was never ratified it needed forty votes it never got a coffin was
doing that report
yeah and there's six of the that's a that's senators bring electricity are
you know i don't know what it looks like the because they're not as active and i
got a second
the governor's asserted
right or wrong
if you go in and cut tax rates will simultaneously reforming entitlement for
simultaneously
cutting defense will simultaneously cutting a loop holes so it may be able
to reduce the deficit and create jobs and you agree with that identified if
you don't want to leave
that if the other any business owner out there will tell you
that the reason why i'm not hiring people is because i don't have a couple
extra dollars in terms of taxes
it's because there is no demand i was in my own only yesterday that i learned a
great very i'm not gonna hire another baker unless i know there's people
coming to buy more cakes and that's not good for you but you know you would
raise taxes
on businesses to pay i would raise taxes as well the only i want to create jobs
right city somewhere in line where the where
so that we are no longer at a sixty-year loving taxes that we have all this extra
capital that is sitting in the hands of people who are simply not opening
questions as you know this is a question i was and we all know the numbers twenty
percent of people unemployed
we are one of the probably due to the marriage is related to structure
group we we have tax policy without any other i don't think that's the question
is how do we mary although it's not exactly great work very quickly and i
got to go out there too
prided map
purpose it's an everybody said well you can't just cut spending you have to
raise taxes
i cut taxes
the size of the government
and turned it around to the point where my left office we not only have multiple
dana surpluses
we have record investments in education i don't know if there's no need for the
six shanti stick she was to create an economic climate where the private
sector said yes we can invest it's worth the risk
and reduce the size of the government to the point where people sustainable with
lower carolina daily work say i want to make a run of made his day in the
desertification
is a leverage problem mostly in the leverage bubble we are going to come
back with the panel image it'll get a few more words and i promise
about the real deal that's at all our massive debt desert what you just heard
or something completely different answer may lie in nineteen forty five you we
need to respect
restructure that leverage buffalo that they've after that