president mama have been pushing for the grand bargain are for a long long time
all our problems were they were this grand bargain efficient two different
commissions one was of course
the famous as simpson bowls commission for the president asked for
and stacked with fourteen
out of the eighteen commissioners being our fiscal conservatives although
they're not really conservatism is a misnomer
that they prepare prorate you people ok edgy middle class people that's the
reality of it
in pauline have a yahoo in headed even crazier budget
was on the commission and there wouldn't be vote in favor of it uh... there was a
rivlin
domenici commission is local
all these commission say the same thing right
which is
we need to cut social security
we did cut medicare and we need to increase taxes on a tax cut that's why
it's a grandmother bridled event at st
we need to raise taxes on the middle class the poor
and we need to cut taxes on the rich in corporations
evening i'm joe dimaggio hits exactly what all of these
incredibly rich people agreed to
while shocking
it did democrat of adolescence the most commission
and i would be at risk and balls
works for morgan-stanley
we had that he was a cut taxes on morgan stanley uh... and present no problem for
him that's really weird to so what you have to worry about this because i run a
clean
the tea party killed the grand bargain
because they wanted so much more
they were so much more right wing in the report what it was so st
they didn't want to know what this single packs
dollar increase to and here is first in the country
so they couldn't get a deal
but guess what
ants fact
so i went over to several things i would build a devastating to three years right
now
for assault
uh... democrats like steny hoyer all the son of talking about again now
remember is the second most important a democrat in the house right after nancy
pelosi and are also his communications director k grant puts out the state
mister moyer was clear that we need to take action a long-term
deficit-reduction toward the crippling effects that's just sequestering
shouldn't will have on domestic programs including medicare starting next year
him i think one of sounds
innocent enough davis western shin is that
as something that
is egl when it happened
automatically the one point two trillion dollars in spending cuts
because of a earlier deal now they don't want to do that cuz i want to take the
defense industry has some defense customers
they don't want to be that so they said we have to do long-term deficit
reduction
it's a code word for since involves
we want to bring that grand bargain back
no question about a and in that
steny hoyer has argued throughout that we need to cut medicare
that we need to raise the retirement and so the security
all the way up a seven d
seventy
that thinks all wanting money out of your pocket
if the age of sixty-five you retire at
and ignored the seventy you know that cost the average american who came to
suspend all lives
it takes sixty
fallows in dollars out of your pocket
models you blockade
unsteady lawyer would top democrats of course in favor of it you might wonder
why
would give in the polls
you know within a reasonable
only twelve percent of americans support cutting so security under any
circumstance
only twenty two percent support cutting medicare
so my list of so-called democrat
so-called progressive expects that it was nowhere near reston
do something that is don't want to know that there have been
well it's because it's time to respond
the banks
insurance companies and wealthy individuals
you know how much they they were gifts from small donors and this is stunning
one percent
one percent of his campaign contributions comes from small donors
is getting the money from the large dog
and a shockingly turns out anywhere
once i got a large donors
while i didn't see that coming
that is quite the amazing indeed
and uh... so lessons one guy you sent welcome
no not exactly zecco rapid seven
article on arming the bosnian government side there's more mental exam
for this grand bargain over one of these commissions and part of the reason why
the business roundtable is now pushing for it
that represents business they're not as right wing is the chamber of commerce
but they are in favor of corporate america that's who they're supposed to
represent
american express that xeroxes satara are all part of that
business round table
and they're saying hey you know what paul ryan and and the republicans are
wrong in saying there shouldn't be a single dollar
of tax increases ever to anyone
were ok fine ok where'd favor of the grand bargain
so what do they want
they were cut corporate taxes all the way from thirty five percent down a
twenty five percent
if they make money abroad they don't pay
any taxes on it
so you likely was a tax increase
business rather liked alright spline
go ahead and raise taxes on the middle class you would
all are you not first of all our great
so what they're saying but this is the big news
lose out of this is
look at how reasonable uh... corporate america is
they're saying test sisters
the paul ride in the republicans
but in another article
there was one quote from his act that i thought was so telling
describing the current status
uh... in uh... in washington
as more conservative budget plan summers carver
including a proposal for represent all ryan the chairman of the house budget
committee
agility medicare
progressive sent company of the simpson balls proposal
with more favor
of course there
that means
all my ka
the republicans are sold four of the ride
the salt guy
started in may that i could find find
you know what that previous proposal that was massive we bring
they callously right wing now since this is
in the middle of
whatever bs democratic well there isn't even any
they regretted bozell
and
and incredibly insane off the clubs right wing proposal although we gotta go
to melt
that's our strategy
whatever the republic's move right we just move along with them we're just a
couple of inches shayad
so all the sudden there's applause in washington about how this bike italian
so yet democrats you got the corporate world so you're almost done
now how about the republicans will be
bent on the stand idea of
never increasing taxes
almost suddenly alot of this
representative jeff gordon berry republican governor branstad
you know what his tax pledge that we did with grover norquist
quote restrains your ability to think creatively
all of us on the one i think really interesting
and then uh... representative charles to study for my louisiana says
i don't care to be associated with
with it referring to the tax pledge
i will not sign another pledge he says
we'll look at that i get all the sudden there against attacks plays but not this
one
says they got there
walking orders from corporate america
do the grand bargain it simply great bargain for the return for corporations
it's not just those two here we go represented frank wolf from virginia
republican
have really resupply where one person's demand for ideological purity is
paralyzing congress who appointed him in a discussion of tax reform is viewed as
bravia no-tax pledge so he's against that and now represent emily johnson
republican of illinois says
i would never in a million years of consider this
as some kind of locked in granite play
their dance
back here come the republicans saying you know what
workday
argyle and she everybody's harmless on trust and by the tea party had other
republicans
lesson grade on the proposal that is nineteen percent right way
that's not a plus
staying