| 00:00:02 |
HOST, -
HAVE SENATOR TOM COBURN BACK AT THE TABLE. HE'S JOINED THE SO-CALLED GANG OF SIX IN THE SENATE WHICH HE LEFT EARLIER, AND ALSO ANNOUNCED A $9 TRILLION...
|
| 00:00:48 |
GUEST, -
UNDERSTAND WHERE THEY ARE. IF THEY HAVE NEGOTIATED SOMETHING THEY AGREED TO, WHY WOULD THEY COMPLAIN? IT IS THE WHOLE WASHINGTON SILLINESS OF COMPLAINING...
|
| 00:01:57 |
HOST, -
KNOW FREQUENTLY THIS TOWN WORKS TO THE BRINK. IS THERE ANYTHING DIFFERENT ABOUT THIS TIME? DO YOU THINK A DEAL WILL BE DONE? GUEST: I CERTAINLY
|
| 00:02:09 |
GUEST, -
HOPE SO. THE ROOT FOR US, AS EVERY AMERICAN, IS IF WE DON'T GET A DEAL DONE, I THINK IT WILL COST US A HALF OF ONE PERCENT. EVEN IF WE GOT A DEAL DONE...
|
| 00:03:21 |
HOST, -
CALLERS SAYING CONGRESS SHOULD CUT ITS OWN SALARY. I HAVE A WASHINGTON POST ARTICLE SAYING COBURN SHOULD LEAVE BY EXAMPLE. WHAT ARE YOU OFFERING? >>...
|
| 00:03:39 |
Unidentified Speaker, -
BY 15%. ACTUALLY, THERE WOULDN'T BE ANYTHING WRONG WITH CUTTING OUR SALARIES UNTIL WE DECREASE THE BUDGET DEFICIT. CUT OUR EXPEPSES BACK 15%. WE...
|
| 00:04:05 |
Unidentified Speaker, -
ARE ALLOCATED MONEY -- >> THAT
|
| 00:04:07 |
Unidentified Speaker, -
I DON'T NEED. WHAT YOU HAVE TO ASK IS, IF I CAN DO THAT, CAN'T EVERYBODY? THAT'S 20% OF MY BUDGET. HOST: YOUR 900
|
| 00:04:27 |
HOST, -
TRILLION PLAN, WHERE IS IT GOING TO GO? >> IT ISING GOING TO GO
|
| 00:04:32 |
Unidentified Speaker, -
ANYWHERE NOW. NO ONE IS LOOKING AT IT. THIS IS THE FIRST TIME THEY HAVE RESEARCHED WHAT GAO HAS SAID WHAT THE CONGRESSIONAL RESEARCH HAS SAID, WHAT...
|
| 00:05:32 |
HOST, -
THIS BEING A NAIVE CUT? GUEST:
|
| 00:05:38 |
GUEST, -
WASHINGTON DOESN'T CUT BECAUSE WASHINGTON CARES MORE ABOUT BEING RE-ELECTED THAN THEY DO ABOUT THE PUBLIC. IT COMES FROM A LACK OF COURAGE TO STAND...
|
| 00:06:23 |
HOST, -
HOST: YOU ANSWER THIS TWITTER QUESTIONER, WHICH SAYS, "WOULD YOU VOTE FOR THE HOUSE BALANCED BUDGET IN A RECESSION?" GUEST: YES, BECAUSE IT WILL
|
| 00:06:35 |
GUEST, -
TAKE A PERIOD OF TIME FOR THAT TO MOVE THROUGH THE STATES. WE HAVE TO BE CAREFUL HOW FAST WE CUT, BUT WE NEED TO CUT AND WE NEED TO CUT QUICKLY. OTHERWISE...
|
| 00:07:15 |
HOST, -
JOURNAL THIS MORNING, HIS NAME IS PETER SHELKIN, HE IS A CO-EDITOR OF UNDERSTANDING AMERICA, THE ANATOMY OF AN EXCEPTIONAL NATION. SECOND YEAR AT LAW...
|
| 00:08:01 |
GUEST, -
JUDGE SITTING ON THE BENCH TODAY THAT SHOULD BE IMPEACHED. THE FACT IS YOU WILL NEVER CONTROL WASHINGTON WITH TODAY'S POLITICIANS UNTIL YOU PUT A BRIDLE...
|
| 00:08:27 |
HOST, -
COLUMN. GROVER NOR QUIFT HAS A PIECE WHERE HE IS EXPLAINING HIS POSITION ON TAXES. "READ MY LIPS, NO NEW TAXES. WHY REPUBLICANS SHOULD NOT RELENT."...
|
| 00:08:47 |
Unidentified Speaker, -
OPINIONS BETWEEN COBURN AND AMERICANS FOR TAX REFORM, BETWEEN COBURN AND THE 225 MEMBERS THAT SIGNED THE PLEDGE IS WE ARE FOR TAX REFORM BUT NOT FOR...
|
| 00:09:44 |
HOST, -
COBURN? GUEST: I THINK HE
|
| 00:09:46 |
GUEST, -
REPRESENTS THE SILLINESS OF OUR POLITICAL SYSTEM TODAY. I DON'T WANT TO RAISE TAXES. I THINK IT IS TERRIBLE THAT WE WOULD HAVE TO RAISE MORE TAXES. BUT...
|
| 00:11:53 |
HOST, -
THE PLAN, REDUCE THE DEFICIT $9 TRILLION OVER 10 YEARS. REDUCE MEDICAID AND MEDICARE SPENDING BY $2.6 BILLION. ELIMINATE $1 TRILLION IN TAX BREAKS....
|
| 00:12:29 |
CALLER, -
CALLER: I APPRECIATE WHAT YOU ARE SAYING, BUT I THINK THE WHOLE PROBLEM OF EVERYTHING THAT WE'RE GOING THROUGH IN THIS COUNTRY RIGHT NOW HAS TO COME...
|
| 00:13:20 |
HOST, -
RIGHT. YOUR RESPONSE. GUEST: IF YOU TALK
|
| 00:13:23 |
GUEST, -
ABOUT SPECIFIC TAX CREDITS, I THINK HE'S RIGHT. I DON'T THINK IT IS JUST BIG BUSINESS. I THINK IT IS THE AARP, I THINK IT IS THE BIG LABOR UNIONS. I...
|
| 00:14:22 |
HOST, -
A COMMENT FROM KEVIN MCCARTHY. HE WRITES "PROJECTED ENTITLE MENTS ARE BETWEEN 25 AND 50 BILLION. WHY ARE WE NOT MORE FOCUSED ON CUTTING THIS SPENDING...
|
| 00:14:45 |
GUEST, -
GOOD QUESTION. WE ARE AT THE POINT WHERE THERE OUGHT TO BE NOTHING THAT WE ARE NOT DOING. WE OUGHT TO BE LOOKING AT EVERYTHING. THIS SPRING I SPENT...
|
| 00:16:22 |
HOST, -
CALLER. CALLER: I WISH YOU WOULD ADD
|
| 00:16:27 |
CALLER, -
EYE -- I WISH YOU WOULD ADD "INVESTORS' BUSINESS DAILY" TO YOUR LIST OF NEWSPAPERS. HOST:
|
| 00:16:38 |
HOST, -
OK. CALLER: I
|
| 00:16:40 |
CALLER, -
PROMISE IF THEY DRAFTED YOU, YOU WOO GET AT LEAST ONE VOTE FROM CONNECTICUT. WE WOULD HAVE TO HAVE A BALANCED BUDGET AMENDMENT. YOU MAIL IN A BALANCE...
|
| 00:17:48 |
GUEST, -
WELCOME. IT IS A NOVEL IDEA. I'M NOT SURE I WANT THE GOVERNMENT TO TELL US WHAT THE TAX RATE WOULD BE EVERY YEAR, BUT IT CERTAINLY WOULD GET US EVEN...
|
| 00:18:28 |
HOST, -
TAX? GUEST:
|
| 00:18:29 |
GUEST, -
YES. IT IS EMBEDDED INTO OUR INCOME TAX SYSTEM AND THE PRODUCTS WE EXPORT IN THIS COUNTRY AND MAKE US SUPER COMPETITIVE AROUND THE WORLD, IT WOULD RE-ENHANCE...
|
| 00:19:34 |
HOST, -
AN EXAMPLE?
|
| 00:19:35 |
GUEST, -
GUEST: EDUCATION. WE HAVE SPENT $2.6 TRILLION SINCE THE DEPARTMENT OF EDUCATION HAS BEEN OPEN. WE HAVE BUREAUCRATS IN WASHINGTON TELLING TEACHERS AND...
|
| 00:20:46 |
HOST, -
IT IS THAT PROMISING, SENATOR CO BURN, WHY ISN'T THERE A BILL? GUEST:
|
| 00:20:56 |
GUEST, -
THERE IS A BILL. THEY WON'T LET IT GET TO THE FLOOR. CALLER:
|
| 00:21:06 |
CALLER, -
I WATCH YOU ON THE SENATE FLOOR ALL THE TIME. I WISH YOU WOULD CONSIDER RUNNING FOR PRESIDENT. WE NEED YOU. YOU ARE PROBABLY ONE OF THE MOST HONEST...
|
| 00:22:30 |
GUEST, -
RACE IS 16, 18 MONTHS AWAY. IT IS CAUSING US NOT TO FOCUS ON THE PROBLEMS AT HAND, AND WE ARE SEEING PEOPLE MAKE DECISIONS BASED ON A RE-ELECTION 16,...
|
| 00:23:22 |
HOST, -
THE NEXT CALLER IS FROM SAN ANTONIO. THIS IS MIKE. YOU ARE ON FOR THE SENATOR. . GUEST: THINK ABOUT
|
| 00:25:18 |
GUEST, -
THAT. YOU CUT $9 TRILLION AND IT IS STILL BIGGER THAN IT WAS IN 2001. WE IMPLIES A 3.5% GROWTH IN THE SIZE OF GOVERNMENT. WE CAN'T AFFORD IT. WE...
|
| 00:25:48 |
HOST, -
CALLER. CALLER: SENATOR
|
| 00:25:50 |
CALLER, -
COBURN I WOULD LIKE TO THANK YOU FOR TAKING ON GROVE NORQUIST. I THINK THERE IS SOMETHING TREASONIST ABOUT MAKING SOMEONE TAKE A PLEDGE ABOVE AND BEYOND...
|
| 00:27:39 |
GUEST, -
I THINK SHE'S DEAD ON. THERE ARE 120 TRUST FUNDS WE'VE STOLEN THE MONEY FROM AND SPENT SOMEWHERE ELSE. YOU HEAR SOCIAL SECURITY DOESN'T NEED TO BE...
|
| 00:28:50 |
HOST, -
MAIN AREAS THAT CONTRIBUTED TO THE GOVERNMENT. GUEST:
|
| 00:29:01 |
GUEST, -
EVERY YEAR THE FEDERAL GOVERNMENT HAS GROWN, THE DEFENSE DEPARTMENT, IT IS OUT OF CONTROL. IN TERMS OF ITS PURCHASING OF WEAPONS SYSTEMS. NO ONE IS...
|
| 00:30:46 |
HOST, -
EXTREME SPENDING GAP BETWEEN THE WEALTHY EARNINGS AND THE STALE WAGES OF EVERYONE ELSE. GUEST: WHAT ARE YOU GOING
|
| 00:31:00 |
GUEST, -
TO DO? RIGHT NOW, DO YOU WANT THE COUNTRY TO GROW? WE WOULD TAX THOSE PEOPLE THAT HAVE THE CAPITAL THAT ARE GOING TO CREATE THE JOBS IN THIS COUNTRY...
|
| 00:32:09 |
HOST, -
TIFFANY, REPUBLICAN IN RANCHO, COUCAMUNGA, CALIFORNIA. CALLER: I
|
| 00:32:17 |
CALLER, -
JUST WANTED TO SAY THAT I SUPPORT SOME OF YOUR IDEALS, HOWEVER AS A MIDDLE CLASS PERSON, IT IS DIFFICULT FOR ME TO SUPPORT YOU AS FAR AS YOUR TAX INCREASES...
|
| 00:33:25 |
GUEST:, -
LOWER RATES ULTIMATELY TO WE GET MORE MONEY INVESTED IN THE ECONOMY, AND THAT WILL BE $150 BILLION IN REVENUE TO THE FEDERAL GOVERNMENT AND ECONOMIC GROWTH....
|
| 00:39:37 |
GUEST, -
GROUP. IT HAS BEEN UN-- IT HAS BEEN STIFLED, AND WE NEED TO UNSTIFLE IT. HOST: SENATOR COBURN,
|
| 00:39:47 |
HOST, -
THANK YOU FOR BEING HERE. THANK YOU SENATOR. CERTAINLY THE DISCUSSIONS WILL CONTINUE. GUEST:
|
| 00:39:53 |
GUEST, -
THANK YOU. HOST: WE'LL TAKE A QUICK
|
| 00:39:55 |
HOST, -
BREAK, AND OUR FINAL GUEST THIS MORNING WILL BE GOVERNOR STEVE ISRAEL FROM NEW YORK. WE WILL BE DISCUSSING THIS DEBATE. . IN
|
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.