wisdom behind it and i m giving you credit as a strong credit of the cliff deal. explain it. what s going forward right now, we do not want to give any long-term new debt limit as you go forward. so what we re saying is here is the senate that has not produced a budget. you know it, sean, your listeners know it, but not many across america. the last time this democrat-controlled senate passed a budget, the ipad wasn t even introduced yet and they ve already gone through what, three different versions? so we re doing a short-term moving the debt limit past the april 15th deadline, cause the most responsible thing any elected official could do is do a budget. how do you plan for the future. so we move it to there and if you don t pass the budget you don t get paid and now what? before that time, those cuts that we fought for in the last debt limit. they go into effect the first of the month. sean: sequestration. sequestration and people they don t to what that is and how to spell
giving you credit as a strong credit of the cliff deal. explain it. what s going forward right now, we do not want to give any long-term new debt limit as you go forward. so what we re saying is here is the senate that has not produced a budget. you know it, sean, your listeners know it, but not many across america. the last time this democrat-controlled senate passed a budget, the ipad wasn t even introduced yet and they ve already gone through what, three different versions? so we re doing a short-term moving the debt limit past the april 15th deadline, cause the most responsible thing any elected official could do is do a budget. how do you plan for the future. so we move it to there and if you don t pass the budget you don t get paid and now what? before that time, those cuts that we fought for in the last debt limit. they go into effect the first of the month. sean: sequestration. sequestration and people they don t to what that is and how to spell that, but remember, that
entitlements. in this case you are trying to keep it viable. you know, you are giving out to grandpa and grandma and that is not what you are doing. every time you try to address entitlements? it s demographic. we are proposing demographics graphic responses. we re suggestinging this problem has arisen because americans are living longer and better health and the government supporting a larger percentage of one s life. neil: what about more revenues. somebody in congress look we actually almost a third of the revenues we wanted in the latest cliff deal. let s have more revenues and the rich pay more. then we ll address some of these cuts or savings that gary alludes to? it s the wrong instrument. the economy is very weak.
here is the problem. everybody wants to keep their little kitty, their part, cut the other guy s part. it s never going to work that way. i agree with that. neil: let s say we keep going the way we re going where we don t really address spending, we came off the cliff deal, 40-1 and that probably is, i think, a precursor to what we re going to see. then what, how do you get a boom out of that. what makes this scary, we re destimulating the economy as these programs i know, how do you get out of that. you ve got to get the right people in government. and anybody who thinks that raising taxes on anybody making $400,000 a year is going to do anything for the deficit and i ll disagree with you, too, here. and you think it s stimulative to raise taxes right now. no, we re having a housing recovery. we re having an auto recovery, and one side going on adam. when you go from 1 to 2 that s
neil: it would explain even if you want to just cynically step back from this, it would explain the posture like on the cliff deal that was whatever it was, 40 plus to one tax hikes over spending cuts because they didn t see the need for spending cuts report need to address the underlying problem with entitlements when so many blocks of democrats ultimately decided don t touch it and this deal doesn t touch it. now, a word from a key group of democratic senators meeting with the president when it comes to the debt ceiling thing we will give you the is power whether it is the 14th amendment or not to just raise this sucker yourself so you can find creative hoops around the debt ceiling mess without addressing the underlying spending that led to that mess. it does explain a lot. the arrogance of hai harry d today and other senate leaders when they said we will not