already have a budget resolution in place. forget it. dead on arrival. dead on arrival. not a serious exercise. if the american ever needed serious leadership in a time of economic crisis, and now the president has been absent 65 days. you can replay obama from three years ago, and, you know, tax cuts for the rich, the one percent fair share, he s like a broken record. the reason it took 65 days to put together the budget is they ran out of game mix and they wanted to make sure they focus group tested the same this morning. this is ridiculous. there s a pretty good column in the wall street journal. that you wrote. and it s thursday. but the point i make in my column tomorrow morning is this guy is all about politics. the problem with that is ultimately the voters see it. that s why he is languishing below 50% in the polls. let me ask you and shift gears a little bit. and ask you about the secret regarding of mitch mcconnell s
we are going over the fiscal cliff because it s so irresponsible. well, ironically it s the opposite. the whole point of the fiscal cliff is when the fiscal cliff is cleared and we jump over it, we are getting rid of all the accounting game mix, the temporary stings of things that allow congress to pretend it s being fiscally responsible when it s not. what s going to happen? a lot of taxes will go up but taxes will go up on everybody, not injure the guy around the tree that s paying for everything but everyone will have to pay. and then folks will realize the government we are voting for costs us money too. that s the thing. if we don t go over the cliff and they don t reach a compromise, what will happen? they can t afford to keep spending like this. won t spending have to go down by virtue after compromise not being reached? spending will go down a little bit because of the sequester and 9 defense spending, what you talked about on the show quite a bit. a big chunk comes from tax
we are going over the fiscal cliff because it s so irresponsible. well, ironically it s the opposite. the whole point of the fiscal cliff is when the fiscal cliff is cleared and we jump over it, we are getting rid of all the accounting game mix, the temporary stings of things that allow congress to pretend it s being fiscally responsible when it s not. what s going to happen? a lot of taxes will go up but taxes will go up on everybody, not injure the guy around the tree that s paying for everything but everyone will have to pay. and then folks will realize the government we are voting for costs us money too. that s the thing. if we don t go over the cliff and they don t reach a compromise, what will happen? they can t afford to keep spending like this. won t spending have to go down by virtue after compromise not being reached? spending will go down a little bit because of the sequester and 9 defense spending, what you talked about on the show quite a bit. a big chunk comes from tax
with it, the game mix that go forward, the false lies. let s put it out there and let people make a decision. that is a process. we have a responsibility as a majority party in the house, we produced the budget in less than five months of being in the majority. our counter parts have not produce the one in 915 days. say why does that happen? our system is created one side has to produce something and somebody else. if the other side doesn t produce it, it breaks the system down. now you can put blame on all houses but that s not really the case. if one side is producing it, that s the way the system is designed to work. then you are supposed to come together and go to the other side. if that is breaking down, the focus has to be there, what s the correction needed on the senate side. thank you, sir. thanks for having me. and straight ahead, did you see what happened to the stock market today? a nose dive. and what about tomorrow? should you be worried or should you just buckle up
with it, the game mix that go forward, the false lies. let s put it out there and let people make a decision. that is a process. we have a responsibility as a majority party in the house, we produced the budget in less than five months of being in the majority. our counter parts have not produce the one in 915 days. say why does that happen? our system is created one side has to produce something and somebody else. if the other side doesn t produce it, it breaks the system down. now you can put blame on all houses but that s not really the case. if one side is producing it, that s the way the system is designed to work. then you are supposed to come together and go to the other side. if that is breaking down, the focus has to be there, what s the correction needed on the senate side. thank you, sir. thanks for having me. and straight ahead, did you see what happened to the stock market today? a nose dive. and what about tomorrow? should you be worried or should you just buckle up