| 00:00:02 |
Unidentified Speaker, -
NEWS "MAKERS." OUR GUEST THIS WEEK IS KENTUCKY SENATOR RAND PAUL JOINING US FROM CAPITOL HILL. >> GOOD TO BE WITH YOU. >> OUR REPORTERS ARE
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| 00:00:18 |
Unidentified Speaker, -
MAJOR GARRETT. >> DO YOU
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| 00:00:24 |
Unidentified Speaker, -
BELIEVE THE AUGUST 2 DEADLINE THIS DOUBLES BY SECRETARY OF THE TREASURY TIM GEITHNER IS A REAL DEADLINE? IF YOU WERE TO DESCRIBE YOUR -- TO YOUR CONSTITUENTS...
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| 00:00:49 |
Unidentified Speaker, -
A COUNTRY'S KEEPS SPENDING MORE THAN IT TAKES IN, ABOUT THE DEADLINE, IT HAS BEEN MOVED THREE OR FOUR MONTHS AND THERE IS ALREADY RUMORS FROM THE OF...
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| 00:01:35 |
Unidentified Speaker, -
A PRESS CONFERENCE TODAY THAT THERE WOULD BE SIGNIFICANT THINGS THAT THE UNITED STATES GOVERNMENT COULD NOT DO IF THEY DEFAULT SITUATION WAS TO OCCUR....
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| 00:01:59 |
Unidentified Speaker, -
RIGHT. WE MIGHT HAVE TO PRIORITIZE FOR A CHANGE IN THE TRUE LEGISLATORS AND DECIDE WHAT WE HAVE MONEY FOR MORE WE DON'T HAVE MONEY FOR. I AM REMINDED...
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| 00:03:07 |
Unidentified Speaker, -
YOU ABOUT THE KEEPER OF THAT AUGUST 2 DEADLINE, TIMOTHY GUY. GEITHNER. HE HAS SAID HE MAY LEAVE AFTER THIS DEAL IS DONE BUT WHO DO YOU THINK WOULD MAKE...
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| 00:03:26 |
Unidentified Speaker, -
THAT EXCITED ABOUT WHO THE PRESIDENT HAS PICKED TO FIX US WITH OUR FINANCIAL PROBLEMS. BEN BERNANKE AND TIM GEITHNER DID NOT PREDICT THE HOUSING BUBBLE...
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| 00:04:19 |
Unidentified Speaker, -
BE YOUR DREAM CANDIDATE? >> IT IS PROBABLY BETTER
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| 00:04:22 |
Unidentified Speaker, -
TO TALK ABOUT THE POLICY. I DON'T THINK I WILL GET ANY SAY NOR WILL REPUBLICANS MUST BE GETTING A PRESIDENT AND THAT WILL BE A YEAR OR TWO IN THE COMING....
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| 00:04:37 |
Unidentified Speaker, -
THINK THIS TREASURY SECRETARY WOULD BE THE KIND OF ANOMALY THAT COULD BE SUBJECT TO A FILIBUSTER? >> IT IS ARE TO
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| 00:04:54 |
Unidentified Speaker, -
MAKE A PREDICTION ON WHAT PEOPLE WILL DO NOT KNOWING WHO THE IS. WE SHOULD TRY TO GET SOMEONE WHO HAS AN APPRECIATION OF THE MARKETPLACE AND BUSINESS....
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| 00:05:54 |
Unidentified Speaker, -
TAXES OVER A TAX. IS THERE ANY TAX INCREASE AT ALL PUT ON THE TABLE BY THE ADMINISTRATION? IS ANY OF THAT ACCEPTABLE TO YOU? >> LAST WEEK, 70 OF
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| 00:06:30 |
Unidentified Speaker, -
US VOTED TO GET RID OF THE ETHANOL CREDIT. WE'RE MORE THAN WILLING TO LOOK TO THE TAX CODE. WHEN WE LOOK OF THE TAX CODE, IF WE ARE GOING TO DO OVER...
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| 00:07:59 |
Unidentified Speaker, -
THE TAX CODE IS PRETTY COMPLICATED. WE KEEP HEARING SUGGESTIONS ABOUT DELAYING THE DECISION MAKING AND DOING A TEMPORARY MEASURE. WOULD YOU SUPPORT A...
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| 00:08:17 |
Unidentified Speaker, -
GROUP THIS WEEK THAT SAID NO MORE, WE ARE TIRED ABOUT TALKING ABOUT EXTRANEOUS ISSUES. THERE WAS NOT ONE MINUTE OF DEBATE ABOUT THE DEATH STILL IN ANY...
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| 00:09:31 |
Unidentified Speaker, -
OF THE TEA PARTY CAUCUS. WHAT ARE YOUR THOUGHTS ON HOW TEA PARTY GROUPS ARE INFLUENCING THE WAY CONGRESS OPERATES? THERE IS A LOT OF BELIEF IN UNIFORMITY...
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| 00:10:02 |
Unidentified Speaker, -
UNIFORM PROPOSAL COMES OUT OF THE TEA PARTY WHICH IS IN UNIVERSAL AGREEMENT IS THAT THE NUMBER 1 CONCERNS OF THE COUNTRY AND FOR OUR PEOPLE IS THE DEATH....
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| 00:11:26 |
Unidentified Speaker, -
MAIN EFFECT OF THE TEA PARTY HAS BEEN TO HAVE THIS DEBATE ABOUT THE DEBT AND NOT SIMPLY RAISE THE DEBT CEILING? I THINK WE ARE CONTROLLING THE DEBATE....
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| 00:11:40 |
Unidentified Speaker, -
PARTY AND THOSE OF US WHO ARE CONCERNED ABOUT THE DEATH, I THINK WE OF THE PUBLIC WITH THIS, WE ARE MONOPOLIZING THE PUBLIC DEBATES, AND WE ARE STILL...
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| 00:12:07 |
Unidentified Speaker, -
ABOUT THE CONSTITUTION, 18% SPENDING AS A PERCENT OF PEACE -- OF GDP AND A SUPER MAJORITY GO THE BATHROOM. I GREW UP IN CALIFORNIA. CALIFORNIA HAS A...
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| 00:12:59 |
Unidentified Speaker, -
GUARANTEE THAT ANYONE LAW WILL MAKE US BETTER LEGISLATORS. IT WORKS IN MANY DIFFERENT STATES. WHEN WE HAVE THIS DEBATE, THERE WILL BE AN IMPORTANT POINT....
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| 00:14:09 |
Unidentified Speaker, -
HAVING THE VOTES TO PASS THIS IN THE SENATE? >> I WOULD
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| 00:14:12 |
Unidentified Speaker, -
NEVER ACKNOWLEDGE THAT. I WOULD SAY I AM AN OPTIMIST. I SEE THE OPPORTUNITY AND DIFFICULTY. I AM AN OPTIMIST. I THINK WE'VE GOT 47 VOTES HALL 47 REPUBLICANS...
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| 00:15:39 |
Unidentified Speaker, -
ARE DIFFERENT ITERATIONS OF A BALANCED BUDGET AMENDMENT. THE ONES IN THE MID-1990S IS DIFFERENT THAN THE ONE YOU'RE LOOKING AT NOW. WHEN THAT WORK WITH...
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| 00:16:03 |
Unidentified Speaker, -
HAVE TO START SOMEWHERE. THEY HAVE NOT INTRODUCED ANY THING AND WE HAVE INTRODUCED SOMETHING. THE ONLY WAY TO KNOW WHAT HAPPENS IS YOU INTRODUCE WHAT...
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| 00:16:58 |
Unidentified Speaker, -
A WANT TO ASK YOU ABOUT YOUR DAD. IF I HAVEN'T I WAS CONSERVATIVE EVENT OR, WHY WOULD I VOTE FOR RON PAUL -- RON PAUL INSTEAD OF CHICAGO. >> IN 2003,...
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| 00:17:21 |
Unidentified Speaker, -
SAID EXPLICITLY THAT THE HOUSING BUBBLE IS GOING TO GET BIGGER AND WE WILL CRASH. IS BECAUSE WE ARE SUBSIDIZING FANNIE MAE AND FREDDIE MAC AND TELLING...
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| 00:18:13 |
Unidentified Speaker, -
BE ON THE SENATE FLOOR NEXT WEEK. YOU SAID YOU'D LIKE TO FILIBUSTER WOULD IT EVER IS ON THE FLOOR TO BRING UP THE DEBT. DOES THAT MEAN YOU WOULD FILIBUSTER...
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| 00:18:29 |
Unidentified Speaker, -
OF THE MOST VOCAL IN THE SENATE FOR DEBATING LIBYA AND BRING IT TO THE FLOOR. I WANTED TO BRING IT TO THE FLOOR WHEN IT WAS STILL WITHIN THE REALM OF...
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| 00:19:35 |
Unidentified Speaker, -
THE PRESIDENT'S PRESS CONFERENCE ON WEDNESDAY AND HIS SUGGESTION THAT HIS TWO DAUGHTERS ARE MORE DISCIPLINED AND OFFICIALS ABOUT THEIR HOME MORE THAN...
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| 00:19:48 |
Unidentified Speaker, -
CERTAIN AIR OF ARROGANCE OF THE AMERICAN PUBLIC IS NOT HAPPY WITH. THE NEXT DAY, WE WANTED TO DEBATE IT. THE DEMOCRATS ADJOURNED AND I ASK FOR THE PRESIDENT...
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| 00:20:31 |
Unidentified Speaker, -
HOME STATE POLITICS. YOU'RE NOT SUPPORTED IN YOUR PRIMARY BY THE SENATE MINORITY LEADER JOHN BOEHNER. WILL YOU SUGGESTED FOR REELECTION? >> THAT IS...
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| 00:20:44 |
Unidentified Speaker, -
NOW THAT SENATOR MCCONNELL AND I GET ALONG QUITE WELL. HE HAS BEEN A GREAT LEADER AND HIS BALANCED BUDGET AMENDMENT. HE HAS GOTTEN ALL 47 SENATORS TOGETHER...
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| 00:21:05 |
Unidentified Speaker, -
THOSE WHO REVERE THE CONSTITUTION? AND IT IS POLLUTING TO THE COMTE -- CONSTITUTION. >> IT GETS BACK TO
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| 00:21:30 |
Unidentified Speaker, -
THE WHOLE CALIFORNIA THING. THE CALIFORNIA BALANCED BUDGET IS NOT WORKING SO MAY BE BALANCED BUDGET AMENDMENT HAS TO HAVE MORE DETAIL. THOSE ARE THINGS...
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| 00:22:53 |
Unidentified Speaker, -
LIMIT ISSUE TO BE RESOLVED IN ONE FELL SWOOP OR WILL THERE BE MULTIPLE BITES? >> AT LEAST 12 OF US
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| 00:23:12 |
Unidentified Speaker, -
HAVE SAID THAT THERE NEED TO BE SIGNIFICANT CUTS, STATUTORY CAPS, AND A BALANCED BUDGET AMENDMENT TO THE CONSTITUTION. WE THINK WASHINGTON IS SO BROKEN...
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| 00:23:46 |
Unidentified Speaker, -
THAT MEAN YOU DON'T TRUST MCCONNELL OR HARRY REID OR JOHN BANNEJOHN BOEHNER? >> IT IS
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| 00:23:56 |
Unidentified Speaker, -
NOT ABOUT ANY INDIVIDUAL. MITCH MCCONNELL HAS LED THE FIGHT TO GET ALL 47 ON BOARD FOR A BALANCED BUDGET AMENDMENT. I DON'T PLACE THE BLAME THEIR. I DON'T...
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| 00:25:13 |
Unidentified Speaker, -
BUT MAY BE A QUESTION ABOUT YOUR OPTIMISM. >> THANK YOU FOR HAVING ME. >> LET ME TURN TO
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| 00:25:23 |
Unidentified Speaker, -
YOU. THE SENATE IS IN SESSION THIS WEEK AND WE HAVE HEARD THAT THE PRESIDENT AND VICE PRESIDENT ARE COMING UP TO CAPITOL HILL TO MEET WITH DEMOCRATS....
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| 00:25:36 |
Unidentified Speaker, -
SEE THEM COMING TOGETHER. I JUST DON'T SEE THE OF THE TEST. HI --THE IMPETUS. I DON'T SEE THE PARTY IS MOVING BEYOND THEIR ENTRENCHED POSITIONS. I WOULD...
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| 00:26:35 |
Unidentified Speaker, -
I AGREE. THE FACT THE WORK LIKE A GIRL IS NOT A WAY TO GET PEOPLE ON YOUR SIDE OF. I THINGS THESE GUYS ARE STUMBLING TOWARD A CLIFF. THESE GUYS ARE SCREAMING...
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| 00:27:38 |
Unidentified Speaker, -
BOTH TO ANSWER QUESTIONS ABOUT THE RUMORED DEPARTURE OF THE TREASURY SECRETARY. THE TREASURY DEPARTMENT SQUASH THAT PRETTY QUICKLY. I'M WONDERING ABOUT...
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| 00:27:59 |
Unidentified Speaker, -
TO BE TRUE BUT MY FRIENDS IN WASHINGTON TELL ME THAT WAS SUGGESTED AS A WAY OF TELLING REPUBLICANS THAT THIS IS A SWEETENER. NO LIKE GEITHNER, HE IS...
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| 00:28:43 |
Unidentified Speaker, -
LEAVING SOMEBODY IN A GOOD POSITION TO UNDERMINE HIM. IT TURNS INTO A LAME DUCK IMMEDIATELY. PRESIDENT OBAMA IS MOSTLY WHO THESE GUYS DON'T LIKE. >> WE'RE
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| 00:28:57 |
Unidentified Speaker, -
TALKING ABOUT RELATIONSHIPS. SENATOR MITCH MCCONNELL AND THE PRESIDENT HAVE A NON EXISTING RELATIONSHIP. THEY'RE FROM DIFFERENT GENERATIONS AND SEE...
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| 00:29:12 |
Unidentified Speaker, -
STRAINED AND NOT AGREE WITH THE PRESIDENT AND SPEAKER JOHN BOEHNER. IT IS OK BUT IS NOT GREAT. THEY HAVE THE SAME -- JOHN BOEHNER WAS AT A PRESS CONFERENCE...
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| 00:30:08 |
Unidentified Speaker, -
WERE GUYS WERE GOOD AT GETTING INTO THE BACK ROOMS. BUT UNDERSTAND -- THEY UNDERSTAND HOW IT WORKS. THE PRESIDENT DOES NOT HAVE A LONG LEGISLATIVE RECORD....
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| 00:31:20 |
Unidentified Speaker, -
IN TOWN THIS. TYPICALLY, PRESIDENT AND MEMBER OF CONGRESS TRIED HARD TO ESTABLISH RELATIONSHIPS. >> WE ARE OUT
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| 00:31:30 |
Unidentified Speaker, -
OF TIME. NEXT WEEK IS INTENDED TO BE A SENATE READ -- RECESS AND IT WILL BE A FILIBUSTER. AT LEAST 12 SENATORS ARE ALIGNED IN THEIR DESIRE FOR A DEBT...
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| 00:31:52 |
Unidentified Speaker, -
OF THE SENATORS ARE AGAINST IT. >>
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| 00:31:54 |
Unidentified Speaker, -
THANK YOU FOR BEING WITH US. [CAPTIONING PERFORMED BY NATIONAL CAPTIONING INSTITUTE] [CAPTIONS COPYRIGHT NATIONAL CABLE SATELLITE CORP. 2011] >> YOU...
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.