size as sick as we reported a few minutes ago b
e isn't there now the associated press is confirmed that originally we had just
refund snooze in in uh... minneapolis and saint paul
uh... that uh... barely governor dayton has caved into the or given an earlier
that would be pretty parade phrases gone along with the republicans
in the state of minnesota to stop the shutdown the government
and you know i find it ironic that just in our earlier we were reporting that
any day now today tomorrow the next day they're gonna run out of here in
minnesota because the government isn't there to authorize the licenses for beer
purchases
and the bars will have to stop selling beer and eat that we were speculating
will this be the end of the shutdown well apparently it is
so will the end of the shutdown will you get back to you know if
if the budget negotiations in washington d_c_ lead to a checked out some kind
but we have to run out of the return to the tentative
specter wrap it up congressman steve king of iowa the republican from iowa
on the line with us
he is uh... is website of course is uh... steve king dot house dot gov the
tweets at steve king by a has an higher what
and uh... what mechanism
thanks for having that royal expose segue into this discussion and uh...
and it's warmer here than at the beginning of the growth of the home
brewing industry minnesota and then they make a deal
except i think that pop fiat i think that that is it a go at that i hadn't
considered it may be mark didn't could have forestalled the deal by by uh...
damp
offering the getting some modest aid organization that offers holmgren kids
to come into the statement even some kind of subsidy or something you don't
have a lot of after my loyal very profound thing that we all know there is
a very low value added a product
there you go and what the problem is though that market is facing is that
they're running out of here today or tomorrow and it takes a lot but two
weeks to make a batch of beer
that i don't know i'm not that close to the industry by several friend who made
beer in his garage in so
and you know it's it's it's a couple of weeks i'm pretty sure and i'm curious
if three republican presidents
ran up nine trillion dollars in debt
and now they want to pay the bill if yield congressman or i ran up a hundred
thousand bucks on our credit cards and then said to the credit card companies
you know i will all lead paid this bill if you give me an all expense paid trip
to disneyland for me and fifteen of my friends
i think we end up in jail
weekend i have a different perspective on this domain to know that
uh... and hello that the other way and then edit yesterday a bit too much money
spent the past i don't doubt that a night
so no i don't know what i have ronald reagan by your george herbert walker
bush in by your george bush nine trillion dollars why he does want to
hear on bills
by our president of the united states uh... signed the appropriation from our
congress terrell polluters are my dad
huang who submitted the budgets
there has never been a time in the last in the last eighty eight in the last
hundred years
when daddy budget submitted by a president has buried for what was passed
by congress by more than one point two percent
and what we can determine the under george bush is leadership uh...
significant deficit sound i remember once in the middle of iraq war that was
a hundred and sixty-eight billion dollars and deficits and i'm looking for
a balanced budget i can't even find one here and uh...
or the house for a number of those years
and i want you know one point six trillion dollar deficit with the au bon
administration and uh... so i think it's ten times the problem we had and we
should have fixed it before now we must all that's that's where the selling wine
i started out
by you know you had three republican presidents who may not look like we had
good times
by spending nine trillion dollars they didn't have that they borrowed from this
generation right now and from overseas why don't we start out by paying down
the debt of those three republican presidents who made it look like five
times were good and i just i spend my drunken sailors
and how do you pay down the that debt from that as opposed to
before borrowing money into the future increasing the debt already kind of one
you roll back the reagan tax cuts is all begin with the reagan tax cuts ratings
at the top tax rate on millionaires and billie anderson seventy four percent on
the twenty eight percent
when reagan came into office corporations were paying about thirty
percent of the total revenues it's going to the federal government right now the
pain six percent
you roll back the reagan tax cuts and within ten years he will have the debt
paid off how did bill clinton balanced the budget in the mid-nineteen eighty
raising taxes by three percent
well ahead of my representative olympia overall tax cuts were a rape
you're right iraq if you roll back the reagan tax cuts you have a surplus in
that surplus to be used to pay off
the money the reagan borrowed
you know that saving the money unless you know what peter golden girls
but it is a way to go but are you saying that the rich people in the goose that
lays the golden egg
and saying that
we're here at letters one thing and it's wrong and republican messaging question
has been for a long time where are the jobs and where the jobs well i'd ask
where are the profits that have to be at least anticipated before jobs are
created because it well first of all you know american companies vessel
personal you know american companies use against a trillion dollars all that
money came as profits originally that's all after tax money
and secondly
he said none multiple trillions of dollars overseas so where the profits
are
the seven o'clock is the corporations
it's not a question of profits the protestant cause companies to to to hire
employees customers do
and and so the question is where other customers customers are broke his thirty
years reaganomics have broken that we have destroyed the american middle-class
with outsourcing with these insane trade policies that say that you know hey
we're actually gonna give you a tax break if you want to shut down your
factory here in open one in china or vietnam that's knots iraq we we have a
different off if you know whether i was economy i did not believe its consumer
that i believe its production driven by only get to the industry what's happened
with our industry
i think we have a about
but in some cases pushed him a lot and allowed to happen we're transferring
industry overseas to put it like china then we borrow the money from the
chinese to buy the products made by the chinese and brought it back to the
united states is that i think would be a real good because now we can buy our
products cheaper here a wal-mart uh... uh... agree with that approach i think
we need to have industry here and where you make fingers where jobs are nasty
profit nor for that to happen then why in the bear catcher
then been posed as a federal taxes assiduous
within what you were in what you want to talk about terrace you know in seventeen
ninety one alexander hamilton proposed importers seventeen ninety three
congress passed a from seventeen ninety three until the clinton administration
we had an average import tariffs around twenty percent they'd been as high as
forty five percent they've been as low as nineteen percent but the average in
the mid twenties throughout that entire period time and it was the time of the
of the greatest industrial expansion in the united states can history
as soon as those tariffs went away
so that all the jobs
all of this pope is hoping to do it acts as an intern in the modern there is no
different shipped on the sixteen th amendment is well outside income tax
which uh... i believe needs to be repealed uh... out there this weekend
gain and would be that would be union jobs at nine union jobs my uh...
industrial industrial growth of the united states we can gain a twenty eight
percent marketing advantage over poorer countries to go
we take in that attack lower part of the products that we make and we do that by
eliminating iris and going to a consumption tax
file cabinets that's put on all people in america that test
at the end the date texture texas' it the the the it but if you're saying that
making rich people richer is gonna make them into the bruise the skin when we're
golden x
why is it that when one flight eisenhower was president or when when
jack kennedy was president or when lyndon johnson was president
and the top tax rate was ninety one percent or or when richard nixon was
president opt actually was seventy four percent that that does
these were lam far more eggs than they have since ronald reagan crash the taxes
i don't know that for you to read where all the way far more eggs but it's a
mystery to me or anyone paying ninety one percent actually get out there that
morning and contribute any more than they are
well what to do is they say you know i think it's uh... taken more than two
because they don't pay ninety one percent taxes on every single penny only
on the money over three million dollars a year so they say you know i think i'll
just take a three million dollar pay check that's enough i can live on that
and i'll leave the rest of the money in the business
and the business will reinvest in the higher more people and that's how it
worked for thirty years but on the other candidates where there's a good day some
of the approach that you bring
uh... reflect some of it or whether there are some new possibly
and i would argue that rich people getting rich has built welcome capital
american from trillions of dollars sitting outside intended
visiting hasn't stopped for a while for by anything that people building capital
i want them to direction that i want them to hire people like me uh...
whatever access to that capital for evaluating at a cheap interest rates ok
loan good luck with that practiced stating that the got out of the stuff i
get the idea that we have a different world youth thank you very much
condescending to come and talk about that papa thanks