training to help employees. chris: perhaps your biggest issue is that you wants to repeal obamacare, and, one of your main reasons, you say, is because it would cut medicare. services, health care for seniors. by half a trillion dollars over the next decade, correct? what i want to do is to make sure we fully repeal obamacare. this will be one of the largest spending initiatives we ll ever see and will take away choice from the american people and it will hurt senior citizens, because, obama took away $500 billion, as you say from medicare and will transfer to it younger people in obamacare and, even worse, the congressional budget office is saying that we will lose 800,000 jobs with obamacare. we re in a situation now, where we have massive job loss, this is not what we want to do with obamacare. chris: but i want to ask you about the medicare part of that. because as you said, it would
eric: minnesota republican congresswoman michelle bachmann setting her sights on the white house, before she kicks off her campaign tomorrow she sat down with chris wallace on fox news sunday. among the topics, her call to repeal the health care overhaul. what i want to do is to make sure we fully repeal obamacare and it will be one of the largest spending initiatives we will ever see in our country. and, also, will take away choice from american people and hurt senior citizens because obama took away $500 billion, as you say, from medicare, and, will transfer it to younger people in obamacare and, even worse, the congressional budget office is saying that we will lose 800,000 jobs, with obamacare. eric: joining us now is the anchor of fox news sunday, chris wallace. good morning. chris: good morning, eric. eric: astounding, she has not even officially jumped in, and she s already neck and neck in iowa with mitt romney. and, certainly sounded leak a candidate.
the future and that is what is going to be the main topic of the state of the union. a state of the union where the landscape has dramatically changed from last year. for starters, a lot more in the way of republicans in the room and sounds like the president is adjusting his message accordingly. he says he will focus on debt and deficit reduction and republicans have been quick to notice his recent overtures to the business community. he has quit bashing business and is now celebrating business. it is about time because the only way we are really going to get unemployment down and get out of this economic trough is through private sector growth and development. there is a great deal of skepticism on the right. the president is expected to outline new spending initiatives on tuesday in area like research and education and infrastructure programs at a time when members of both parties are talking about budget cuts. and take a look at the republican choice to deliver
reporter: president is expected to roll out new spending initiatives for research and education programs but in a preview of the speech posted on youtube he sounded something like a deficit hawk. we re going to have to deal with our deficits and our debt in a responsible way. we ve got to reform government so it s leaner and smarter for the 21st century. reporter: and big change, many democrats and republicans have agreed to sit together in the audience rather than on opposite side of the aisle. one of them is dick durbin from illinois who spoke about his decision this morning on fox news sunday. my new colleague, mark kirk is going to sit there. reporter: we don t know if this is going to become a new tradition but it s an idea that seems to be gaining momentum. heather: brand-new poll
we need to grow the government to keep the economy robust. it s interesting, i want to see how the infrastructure and extra spending will come out of his mouth on tuesday night. mitch mcconnell has said they will support the president s extra spending initiatives. we hear extra spending and republicans will run away. according to foxnews.com this morning, republicans have supported the research and development thing and the trade deals in the past and mitch mcconnell this week even indicating they might go along with what the president puts forth at the state of the union so it will be interesting to see if you hear any boos throughout the audience when he talks about spending. well, those who have really glimpsed gotten a glimpse inside the circle, who have seen this economic team come together and try to get our economy back on track say he really lacks a clear direction. for principles, for what he wants to do with this economy. they say they can t tell where his political rud