| 00:00:09 |
HOST
THE SO-CALLED FISCAL CLIFF AND THE IMPACT OF ANY SORT OF DEAL SEQUESTRATION COULD HAVE ON THE STATES. LET'S BEGIN WITH HEADLINES. HERE IS THE WASHINGTON...
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| 00:00:46 |
GUEST
BALDING, -- IS AN EVOLVING, THESE PROPOSALS DO NOT HAVE A LOT OF EFFECT ON THE STATES. THE BIG PROGRAMS FOR SPENDING OUR SOCIAL SECURITY, MEDICARE AND...
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| 00:01:17 |
HOST
IF SEQUESTRATION WERE TO HAPPEN? WHAT IS THE BIGGEST CONCERN FOR STATES? IF THEY CAN REACH A DEAL, WAS THE BIGGEST CONCERN? GUEST: THE BIGGEST CONCERN
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| 00:01:25 |
GUEST
IS THAT STATES HAVE NOT BEEN ABLE TO PLAN FOR WHAT IS GOING TO HAPPEN BECAUSE THEY DO NOT KNOW. EVERYONE SAYS SEQUESTRATION WILL NOT HAPPEN. NOW WE ARE...
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| 00:02:15 |
HOST
DELVE INTO DATA A LITTLE BIT. A PERSON MIGHT WANT TO SHOW OUR VIEWERS WHAT ONE GOVERNOR HAD TO SAY. A FEW GOVERNORS CAME OUT TO WASHINGTON AND MET WITH...
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| 00:02:35 |
Unidentified Speaker
A SOLUTION TO THE PROBLEMS FACING OUR NATION IS A MUCH TO BE ABLE TO ADDRESS SOME OF THE CONCERNS AROUND STATE BUDGETS. AND CERTAINLY, WE UNDERSTAND...
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| 00:03:14 |
HOST
MARY FALLON AFTER THE MEETING WITH THE WHITE HOUSE. WHAT DID YOU HEAR THERE? GUEST:
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| 00:03:21 |
GUEST
THAT THE STATES WANT TO BE PART OF THE SOLUTION AND THEY ARE REACTING AS BEST THEY CAN TO DEAL WITH WHAT THE IMPACT WILL BE AT THE STATE LEVEL. SHE DOES...
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| 00:04:21 |
HOST
NEWS IN THIS. POLITICO IS REPORTING THAT JOHN BOEHNER PLANS TO TELL HOUSE REPUBLICANS THIS MORNING IN HIS RANK-AND-FILE MEETING THAT HE IS MOVING TO...
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| 00:04:58 |
GUEST
BECAUSE YOU HAVE 50 STATES, YOU HAVE 50 DIFFERENT RELATIONSHIPS BETWEEN THE FEDERAL TAX CODE AND THE STATES. IT VARIES. IN GENERAL, THE LINKS TO THE TAX...
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| 00:05:42 |
HOST
TO THE GRANT PROGRAMS. HERE'S A REPORT PUT TOGETHER BY YOUR GROUP. WHILE MOST STATES PROGRAMS ARE SUBJECT TO SEQUESTER, 24 ARE EXEMPT. 76% ARE COVERED....
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| 00:05:58 |
GUEST
IN OUR DATABASE AND THEY RANGE FROM MEDICAID AT A HIGH INTO VERY SMALL GRANTS COMPOUND -- GRANTS, $5 MILLION TO $10 MILLION. MEDICAID IS IN THE AREA...
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| 00:06:30 |
HOST
WHAT DOES THAT MEAN FOR THE STATES? GUEST: THAT WAS THE A-HA
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| 00:06:38 |
GUEST
MOMENT. WE WENT IN AND SAID, WHAT ARE THE DOLLARS ATTACHED TO THESE PROGRAMS AND WE FOUND WAS THAT WHILE 76% OF THE PROGRAMS ARE COVERED BY THIS A CUSTOMER...
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| 00:07:13 |
HOST
AREAS SUBJECT TO SEQUESTER. YOU GO THROUGH THE FEDERAL BUDGET AND FUNDING COVERED BY SEQUESTRATION, IF IT HAPPENS. EXPLAIN THE RELATIONSHIP BETWEEN...
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| 00:07:31 |
GUEST
THE FEDERAL BUDGET IS AN ACTIVE THROUGH THE APPROPRIATIONS PROCESS, INCLUDED IN THOSE VERY VOLUMINOUS BILLS ARE APPROPRIATIONS FOR THIS POST OF SPENDING...
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| 00:08:26 |
HOST
A PIECE POSTED ON THE OPEN COURT HUFFINGTON POST." -- "HUFFINGTON POST." HE DOES SAVE BILLIONS OF DOLLARS ARE AT STAKE. WHILE IT IS A SMALL NUMBER, 18%...
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| 00:08:50 |
GUEST
ABOUT A $7.5 BILLION STAKE FOR STATUS -- FOUR STATES. THE $7.5 BILLION ATTACHES TO THE FUNDING FOR STATES. AND IT IS ON A BASE OF ABOUT A LITTLE OVER...
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| 00:09:31 |
GUEST
IS A REALLY IMPORTANT POINT, AND WHEN I TRIED TO MAKE TO PEOPLE. IN SOME STATES, THE DEFENSE TO QUESTOR -- THE DEFENSE SEQUESTER WILL BE MORE IMPORTANT...
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| 00:10:55 |
GUEST
NOT AN ACRONYM THAT FLOWS OFF THE TOM CURTIS GANS FOR FEDERAL FUNDS AND AN INFORMATION CORESTATES. -- FOUR STATES. WHAT IF THE STATES TOOK OVER WELFARE...
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| 00:12:24 |
HOST
THE MOST IMPORTANT PROGRAMS THAT COME FROM FROM THE FEDERAL LEVEL? GUEST:
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| 00:12:34 |
GUEST
WE HAVE GROWING PROGRAMS THAT ARE NOT IN DIRECTING WITH HEALTH CARE REFORM. IT IS A PIVOTAL PROGRAM BETWEEN STATE AND FEDERAL GOVERNMENT. AND THAT IS...
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| 00:13:04 |
HOST
TALKING ABOUT FOR THE HIGHWAYS, AFTER THAT? GUEST: EDUCATION. HOST: REPUBLICAN COLUMN, YOU ARE AT FIRST, DAVE. CALLER: IT IS GREAT
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| 00:13:22 |
CALLER
LISTENING TO YOU. AND YOU SEEM LIKE A BREATH OF FRESH AIR IN BREAKING DOWN ALL THE NUANCES IN HOW AVI MONEYS ARE DISPERSED. -- ALL OF THE MONEYS ARE DISPERSED...
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| 00:13:52 |
GUEST
THAT THE FEDERAL GOVERNMENT COULD TAKE A PAGE FROM THE STATE PLAYBOOK IN HOW TO MANAGE A BUDGET. 49 STATES LIVE WITH BALANCED BUDGET REQUIREMENTS. THE...
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| 00:14:41 |
HOST
HOST: DOUG IN NASHVILLE, TENNESSEE. DEMOCRATIC CALLER. CALLER: THANK YOU FOR
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| 00:14:48 |
CALLER
C-SPAN. I WOULD LIKE TO SAY THAT I APPRECIATE THE JOB YOU ARE DOING AS FAR AS LETTING PEOPLE GIVE THEIR COMMENTS ON THEIR A -- ON THE FISCAL CLIFF. I...
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| 00:15:21 |
HOST
SCOTT IN NEW HAMPSHIRE. INDEPENDENT CALLER. CALLER:
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| 00:15:24 |
CALLER
I WOULD LIKE TO KNOW IF WE CAN START A NEW TAX PROGRAM, MAYBE FIVE TAX OR SOMETHING THAT ENDS UP WHERE WE STILL GIVE PEOPLE THE MONEY BACK FOR THE LABOR...
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| 00:15:57 |
GUEST
THINK WHAT WE'RE GOING TO SEE IS AS WE ARE MOVING INTO THE NEW CONGRESS, PROBABLY MORE SIGNIFICANT DEBATES AROUND TAX REFORM. THE PROBLEM IS RIGHT NOW...
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| 00:17:18 |
CALLER
WAS -- I UNDERSTAND ABOUT THE FISCAL WITH AND EVERYTHING, BUT MY QUESTION IS, YOU HAVE SUSAN RICE. SHE HAS ALREADY RESIGNED. THEN YOU ALSO HAVE. CLINTON...
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| 00:18:00 |
HOST
ABOUT A FISCAL " AND THE NEGOTIATIONS TO AVOID IT AND WHAT HAPPENS IF THEY CANNOT AND THE IMPACT ON STATES. IT REPORT HAS BEEN PUT TOGETHER AND THIS...
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| 00:18:30 |
GUEST
AWAY FROM THAT AND SAY THAT ON THE TAX SIDE WE WILL START TO FEEL THOSE EFFECTS PRETTY QUICKLY. WE GET A PAYCHECK AND WE SEE WE AREN'T US -- WE ARE PAYING...
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| 00:18:58 |
GUEST
I SAID SOME TIME AGO THAT WE WOULD PUSH THOSE CUTS INTO THE FINAL QUARTER OF THE YEAR, WHICH HAPPENS TO BE JULY THROUGH SEPTEMBER. THAT WILL BE THE NEXT...
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| 00:19:38 |
HOST
THIS CHART? BE CAREFUL WHAT YOU WISH FOR, OUTLAYS FOR GRANTS TO STATE AND LOCAL GOVERNMENT. WHAT ARE YOU SAYING? GUEST: WE'VE GOT
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| 00:19:47 |
GUEST
TO GET THE MONEY FROM SOMEWHERE. WE COULD LOOK AT THESE CUTS AND SAY THEY ARE BAD. BUT WE HAVE TO LOOK AT THE OUTCOME THAT WOULD BE WORSE THAN WHAT...
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| 00:20:54 |
HOST
BE BETTER FOR STATES. GUEST: IN SOME
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| 00:20:57 |
GUEST
WAYS, IT COULD. THAT IS WHERE YOU GOT TO BE CAREFUL WHAT YOU WISH FOR. ONCE MEDICAID IS TAKEN OFF THE TABLE, THE FISCAL IMPACT ON STATES WILL IMMEDIATELY...
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| 00:21:09 |
HOST
IS BACK ON THE TABLE?
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| 00:21:11 |
GUEST
GUEST: THEN SERIOUS CONCERNS. HOW HOST: MUCH? GUEST: -- HOST: HOW MUCH?
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| 00:21:19 |
GUEST
GUEST: BILLIONS. THE STATE CAN GET ABOUT 43%, BUT THE FEDERAL MONEY IS ABOUT $250 BILLION. YOU COULD HAVE CUTS IN ALL THESE OTHER AREAS, BUT IN MEDICAID,...
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| 00:21:55 |
CALLER
TO TELL YOU HOW STATES BALANCE THEIR BUDGETS, ESPECIALLY THE ONE HERE IN KENTUCKY. IN KENTUCKY, WE DO NOT FUND THE RETIREMENT PLAN OF THE STATE HAS...
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| 00:22:49 |
GUEST
THAT IS A REALLY GOOD EXAMPLE OF A POINT AND TRY TO MAKE, WHICH IS THAT WE HAVE SEEN A LOT OF REPORTS IN THE LAST FEW YEARS OF OUR PROBLEMS IN THE STATE...
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| 00:24:26 |
CALLER
TIME THEY HAVE A PROBLEM WITH THE BUDGET BEGORRA AFTER SOCIAL SECURITY AND MEDICARE. NOT ONCE HAVE I EVER HEARD ANY CONGRESSMAN, SUGGEST CUTTING THEIR...
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| 00:24:41 |
HOST
WHY IS MEDICATES SUPPOSEDLY OFF THE TABLE FOR THESE NEGOTIATIONS? GUEST: I THINK IT
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| 00:24:46 |
GUEST
IS OFF THE TABLE BECAUSE -- LARGELY BECAUSE AS WE UNDERSTAND IT, OR WHAT WE HAVE BEEN TOLD IS THAT THE ADMINISTRATION TOOK IT OFF THE TABLE AND A LOT...
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| 00:25:54 |
HOST
TWEET. WHAT YOU THINK OF THE CUTS, WHAT FORM WILL THEY TAKE? GUEST: MEDICAID CUTS IS AN
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| 00:26:05 |
GUEST
AREA WHERE IT IS DIFFICULT FOR STATES. THEY DO FEEL COMPELLED TO TRY TO REPLACE THOSE CUTS. THE ONLY REALLY WAY THAT STATES HAVE IT IS TO BE TURCOTTE...
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| 00:26:38 |
HOST
ANOTHER TWEET. HOW MUCH MORE PAINFUL THE STATES WITH BIG DEFENSE CONTRACTORS FEEL? GUEST: WE HAVE A TABLE
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| 00:26:46 |
GUEST
AT THE BACK OF THE REPORT AND YOU CAN SEE IT THERE IS A $34 MILLION -- THE BILLION DOLLAR CUT IN ECONOMIC ACTIVITIES. THOSE ARE NOT DIRECT FLOWS THE...
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| 00:27:35 |
HOST
INDEPENDENT CALLER, YOU ARE UP NEXT. CALLER:
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| 00:27:38 |
CALLER
I HAVE TWO QUESTIONS. FIRST, I'M NOT AN INDEPENDENT, NOT A REPUBLICAN, AND NOT A DEMOCRAT. I AM A CONSTITUTIONALIST AND IF IT IS NOT IN THE CONSTITUTION,...
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| 00:28:11 |
GUEST
GUEST: WE DID GO OFF A CLIFF WHEN WE STARTED DEALING WITH THESE LARGE DEFICITS. THERE'S A LOT OF DEBATES AROUND WHEN YOU SHOULD OR SHOULD NOT ALLOW DEFICITS....
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| 00:28:56 |
GUEST
GUEST: STATES ARE OFTEN CONCERNED ABOUT THE NOTION OF UNFUNDED MANDATES. WHAT HAPPENS WHEN THE FEDERAL GOVERNMENT WOULD LIKE TO DO SOMETHING, BUT THE...
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| 00:29:41 |
HOST
IN TENNESSEE, DEMOCRATIC CALLER. -- TERESA IN TENNESSEE, DEMOCRATIC CALLER. CALLER: WITH
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| 00:29:51 |
CALLER
EVERYTHING GOING ON IN WASHINGTON NOW WHERE THE PARTIES CANNOT MAKE UP THEIR MIND AND AGREE COMMON -- AND AGREE, I THINK IT SHOULD BE MADE INTO LAW AND...
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| 00:30:17 |
HOST
TAKE YOUR COMMENTS AND MOVE ON TO DEBORA. IN MERIDIAN, MISSISSIPPI, GO AHEAD. CALLER:
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| 00:30:26 |
CALLER
I AM A NEW GUN ENTHUSIASTS. I LOVE MY NEW GUNS. I RECENTLY ADDED TO THE ECONOMY LATELY. I RECENTLY PURCHASED SOME. HOW HOST: DOES THIS RELATE TO OUR...
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| 00:30:46 |
CALLER
LISTENING TO THE BEGINNING AND YOUR TALKING ABOUT -- I WANT A GUN SAFETY -- A GUN SAFE DEDUCTION ON MY TAXES. HOST: WE WILL
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| 00:30:59 |
HOST
GO AND TO LINDA. DEMOCRATIC CALLER. CALLER: I WANT TO
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| 00:31:12 |
CALLER
KNOW HOW THE SYSTEM OF ADOPTION -- NOT ADOPTION, BUT THE PARENTS THAT TAKE THE CHILDREN. WHEN YOU ARE TAKEN FROM PARENT AND GIVEN TO FOSTER CHILDREN,...
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| 00:31:47 |
GUEST
FOSTER CARE AND ADOPTION ASSISTANCE IS ONE OF THE FEDERAL GRANT PROGRAMS BUT THOSE TWO STATES. AS IT TURNS OUT, IT IS EXEMPT FROM SEQUESTERED. WHY?...
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| 00:32:42 |
HOST
WHITE ON ANY OF THESE LOSSES SUNSET AFTER WE TRY THEM OUT? AND ALSO, I AM AGAINST ANY COMPROMISES WITH REPUBLICANS. LET US GO OFF THE CLIFF. NEXT CALLER....
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| 00:32:57 |
CALLER
WANTED TO ASK YOUR SPEAKER WHAT THE V.A. HAS TO LOOK FORWARD TO. I AM A DISABLED VETERAN AND AS AN INDEPENDENT, I STRONGLY SUPPORTED PRESIDENT OBAMA....
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| 00:33:26 |
GUEST
V.A. IS THE SUMMER WE HAVE SEEN GROWING SUPPORT ON BOTH SIDES OF THE IOWA AND FROM THE -- BOTH SIDES OF THE IOWA AND FROM THE ADMINISTRATION. THERE...
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| 00:33:53 |
HOST
PIECE WRITTEN IN TODAY'S "WALL STREET JOURNAL." THE HURRICANE HAS PRODUCED THE BIGGEST EFFORT IN THE NINE STATES IN THE U.S. SINCE 2005. THIS IS WHAT...
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| 00:34:42 |
GUEST
IS TRICKY. MOST OF THEM BENEFIT INDIVIDUALS. THE AID IN GENERAL WILL HELP HOMEOWNERS. AND THEN THE OTHER TYPES OF AID WILL BE AREAS WHERE IT MIGHT...
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| 00:35:49 |
CALLER
LOGIC BEHIND WHAT TAXING ONE OF OUR BIGGEST CORPORATIONS, WHICH IS THE RELIGIOUS WORK -- RELIGIOUS CHURCHES AND ALL OF THAT THAT MAKE $10 TRILLION A...
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| 00:36:38 |
CALLER
UP THE POINT THAT YOU HAVE BROUGHT OF THE FEDERAL PORTION OF THE MONEYS AND THE MONEY DOES NOT GO -- COME OUT OF NOWHERE. THAT IS THE TAX DOLLARS, OR...
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| 00:37:04 |
GUEST
THE STATE'S SHARE THAT HAS TO MATCH THE FEDERAL DOLLARS, AND YES, IT HAS TO COME FROM SOMEWHERE. WE HAVE SEEN WHEN NO CHILD LEFT BEHIND WAS FIRST PUT...
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| 00:38:29 |
HOST
IN WILMINGTON, NORTH CAROLINA. THE HOUSE IS ABOUT TO GO -- COME IN. WE WILL GET YOUR COMMENT QUICKLY. CALLER:
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| 00:38:38 |
CALLER
MY UNDERSTANDING OF THE CONSTITUTION IS THAT THE HOUSE OF REPRESENTATIVES WOULD PASS A BUDGET AND THEN THE SENATE WOULD PASS IT AND THEN IT MOVES ON TO...
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| 00:39:08 |
GUEST
THE PRINCIPAL ACTORS WHO HAVE BEEN GIVEN THE AUTHORITY TO NEGOTIATE ON BEHALF OF ALL OF THEIR MEMBERS. HOUSE SPEAKER OF THE HOUSE, JOHN BOEHNER IS...
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.