so lesson some after
that this grand bargain the president obama has uh...
prose about would be free
uh... dollars in spending cuts for one dollars
in act ax increases
if he actually got those increases was that a good deal well right now we want
to avoid the fiscal cliff right
and a fiscal cliff all my got the spending cuts would be outraged
maybe one point two trillion dollars
why does he like a lot of my really hurt the condom
so
how much would be grand bargain have in spending cuts
but wait a minute
that's what was three times as much
so if you care about
the slowing down economy because as our first caller called coming with spending
cuts
well then the grand bargain is
literally
almost three times as well
so why would that help you wouldn't help because that's not their objective their
objective is a delivered spending-cuts their objective is a big goal not to go
over it does look like their objective is and the balance the budget if they
shipped up money to the already rich and powerful the probable one point two
trillion
in the sequester which is the current law right now
is that half of it comes from defense
they're not going to take money out of the press contractors hands
post-gazette extending money the politicians
no they're gonna leave the defense money and as bloated and rediculous is our
budget is
and they didn't even know crafts report but that such as speculation
that's in fact though
a lot of offers have already been given
by dole balmy administration in his first term and give me a list
you've already said that uh... they would take away forty billion dollars in
federal pensions
albright had government workers a middle-class but it's not just
government workers overall
it's a military
they take away eleven billion dollars a military retirement i will get back then
the second
nine twenty two hundred twenty seven billion dollars
from snap benefits
uh... and that is uh... food stamp program
two of the three hundred
billion dollars from health care
we do the veterans here for a second
when you say hey wait a minute
take away from our veterans iphone everybody grade all the time zone laws
and that way i think i i i want
ball machine
you know what they are a decided
thirty decide on the last term is the one area they agree with
says that i was on a mini fancy lobbies that pay the politicians
there the first was the year screwed
the top democrats and republicans on the committees that affect veterans have
already agreed than they should be the first people to put it
the economist episode
heights sick man let me read you the quotes is a joint letter ok propose and
democrats
we believe no constituency
that arms sales the challenge america faces
and notice that your seat is better suited
to again lead by example
by putting country for
think about that
do you understand what kind of insult that is
this a while since you already sacrifice for our country
and maybe some of your friends died over on the words that we started
maybe you lost a couple of lamps
since your already use of sacrificing for our country we're going to ask you
to sacrifice for us again
not billionaire has not been billionaires not bog companies
we're gonna take more money for us
democrats and republicans agree
they continue and that joint letter
in past times a fiscal restraint
flock one measured areas of budgetary savings
fat within veterans programs
have advance on a bipartisan basis
weary recommended the select committee referred to these less
when making the difficult decisions their head
now i am greatly amused by that wife
'cause that's basically say
we screwed better as before
and it turns out it didn't hurt a sarong
because they don't give us their nations
so the first thing you know one do the screw veterans again
i don't get me wrong
it's not to say that you can do any compromise of course you can't if a
title like some of the spending cuts in this bill here let me show you the ones
i like
twenty two billion dollars in farm subsidies sar reaches grew so large form
corporations
and there's no reason in the world at that we should subsidize
something that the free market should have a lot of salt
then there's twenty million dollars a mortgage deductions
for second homes
now that's fair but if it's your first call me or middle class family when i
can take it from you but if you get a second home a vacation home in
investment whatever it might be we'd take out those mortgage deductions
that's belt-tightening that make sense
to an end and other twenty billion dollars in taking away high ordered
reductions
after a certain amount being at the same touches everybody else but they had a
cap and then
after that they can take the duchess that makes a lot of sense we gotta do
what we have a new to balance the budget
and then you've got twenty billion dollars of oil and gas subsidies again
money going to the most profitable companies and the world to do something
they wouldn't
anyway there's an entrance profit at it
and finally there's a three billion dollar subsidy
for corporate jets
the fact that that is not already been taken out
is always the same thing i've ever
but willing to do you have the better ins
pensions
before they head the core projects
it's grotesque
but yes you can have some cuts
dot on the facts
to be fair if you got present all bombers grand bargain
well
you would have one trillion dollars in tax increased
now that's a start of his new grocery shins i would be shocked if it's a got
that number
you know how to carolyn initiator president obama's
when he does not really wanna win so that's a trillion dollars in tax
increases you'll be happy with that right that's why we have to do a grand
bargain where were you aware of three trillion dollars in spending cuts
but what if we did nothing
you know what happens at the end the year
the bush tax cuts expire
and this is that amount of money we would say
on just the taxes
for people making
two hundred and fifty thousand dollars
u_n_ iraq last tax cuts that's widening payroll taxes
you know on taxes in the world just on the top two percent it goes back to the
clinton error rates when economy is booming
we we said none of them thirty million dollars that's a trillion dollars right
there
so what i've got a great bargain is this
what does it all class kepada progresses debt
we're going to get a trillion dollars anywhere if we do nothing
so when you see the map
and you see that in reality
this all it's doing is protecting the rich
and it's protecting the defense contractors and taking the money instead
from
harbo cuts the middle class
to our veterans
federal employees for the poor medicaid medicare eligibility would be a rise in
sixty five a sixty seven
you know how much money i think setting your pocket
i think i think you want to longer y
because lockheed martin is another contract
and be polite now running another tax cut
and present on mom is going to go along with sts
in fact most of this
is his proposals for the last time around
now you tell me that this is in a grand larceny
everybody in washington agrees in the whole media resolve light i would check
all of us will cut the capital brett morgan
because they're lookin arrived you belonging
they wanna do it as quickly as possible probably a million bucks session over
the next couple months
because the longer you look at this grand bargain the more you realize
how badly you're being wrong
so quick o'clock
you've got to do that right away
so that the american people don't catch on
to this incredible step of our money
i like that
change you can believe in part by the way
maybe two last things
president obama never told you we were to show you the clips on corporate tax
cuts
be says you have a lower lower corp axis
now by the way it is that's a camping with some locals can be revenue-neutral
what the pocket but we're trying to balance the budget
and or try to raise money
so why would it be while you bragging they would be revenue-neutral
he longs for establishment
he got elected by this time to raise money from those that wish him
the corporations are waiting robot was a goddamn please let me know quite a tax
cut
here after i get this whole campaign about my raise taxes
on the rich
and other defects
remember whether they support it out to you
is another suppressor when a girl that
let me and i heard you the best of all the way and that's a big time wise guy
whether about whether the new brewster
and then he said this quote
they want a defense cuts
that were steeper that i felt comfortable with as a commander in chief
referring to simpson bowls
simpson bowls
is already did
deeply conservative
red morgan originators
and obama say oh i don't like that 'cause committee defense cuts using this
guy's gonna cut defense
using this guy is a look at our for the rich the powerful
you're a high of some sort of supply and finally
it's about twenty eight different pollen counts to say the same time was going to
be too
and then and by the way around the usa say the same thing
banana you're gonna get a great privilege of seeing president bomber say
this person
generating republic texas
lower rates
and close loopholes will generate
higher revenue to bring the deficit down
so that's a lot look rapido bomb agreed to the first term but luckily they
didn't make that date
lower the rates not increase racial or lower the rates for the rich
it's okay because we'll close loopholes in jericho ir revenues
so every time you hear obama talk about a revenue
he saw him republican language
eric cantor quote
fundamental reform of the tax code
that lowers rates
broadens the base
anytime you hear the catch words were tax reform
and raising revenue
understand that it means the exact opposite
if they're talking about raising rates
that's a good sign
please call me when they do that