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The road a little bit more they are good at that. speed to an agreement by the congress to increase budget caps over the sequester, the sequester is the baseline. that is what happens if nobody asked. two years ago, they lifted the budget caps and added money for defense and out of money for doing -- spending so that expires in december. no action takes the cuts are automatic. congress doesn't have to vote and the only way it stops is if they pass something at the president signs it. the democrats you want that $55 billion, you have to give me my border wall. >> martha: fascinating. thank you,...

>> the vast majority of stock is owned by the top 5%. it is true that a lot of americans bought a very tiny amount of stock indirectly but the fact is that when you increase the deficit by $2.3 trillion, that's an additional debt -- >> laura: so now you are a deficit hawk? >> i'm against -- >> laura: i am too, by the way. you guys were against budget caps. you didn't want to do the budget caps. obama was dragged kicking and screaming for the sequester caps. i was all for those. a lot of big spending. >> the level of spending is consistent with the levels it was under the reagan administration....

Will. this would not necessarily mean amnesty by rewarding those already in the country illegally correct? >> no. i think there is a great many of us, me included, who oppose amnesty or the pathway to citizenship. that's clear that won't happen. there are all kinds of peripheral issues around this. settle the main issue, the border security issue and begin to -- if the will of the conference is to discuss all these other issues, because other things thrown in are debt limit, budget caps, immigration reform. those are issues that we could maybe look at later but if we don't get the central issu...

About -- and isn't that the outrageous thing, when we shut down the government, it was because we were demanding that bill clinton pass a budget that balance the budget in seven years. he said that would destroy the economy. we said it wouldn't. we shut down the government. we got a deal and actually we balanced the budget four years in a row for the first time in a century. >> and paid off $1 billion worth of debt. >> and we paid it off. then in 2013, i was against the way that government shutdown went down. i didn't think there was a plan b. but, still, you can look and you can look at seque...

To spending bills we bust budget caps again. points well taken but some of the -- if you look at some of the regulatory reform measures we've done i think we've been true to republican principles in not trying command and control economy and we have shifted a little bit from the obama administration in that respect. >> congressman, you just mentioned the president's tweets and what you call his caustic comment comments, so i'm wondering part of the tweets, a lot of the tweets and a lot of the comments are directed at institutions that are of some value to us as a country. the department of jus...