issa say bring it on, they were never going to vote for a bill they say is full of all kinds of pet projects that have nothing to do with those devastated by the superstorm. the fact is the senate didn t do their job. they sent us a bunch of pork and left town and that was just wrong and i think the speaker has the support of a vast majority of republicans. reporter: critics of the 60 billion dollar senate bill i was going to be broken into two separate house votes, a 27 billion dollar primary bill and a 33 billion dollar amendment to that bill was loaded with pork. they point to 600 million dollars for the epa to support climate change issues, 348 million dollars for the national park service, 188 million for amtrak, and 8 million dollars for new cars and equipment for the justice department and homeland security among other things. the supporters of the bill say house majority leader eric cantor was with him all along, still is, and they re pointing the finger of blame at speaker
somebody who is about fiscal responsibility first, that for the first time since the house went to the republicans, they were divided on a major issue? yeah, i think they re right to be divided because in a sense, america voted for big government in november. what it didn t vote for is the willingness to pay for it. we have the biggest gap between revenue and spending of any major nation on earth. so people have got to get real about it. if you want swedish style government, you have to pay swedish style government. if you don t, you got to grow up and learn to live within your means. brian: when you say there should be another fight, do you think america has the stomach for another fight, this over the debt ceiling, one in which the president says i refuse to have? yeah, and i would bet he gets his way. i would bet that in the end, we ll have some yet another fake fix on the debt ceiling. the fact of the matter is, this cannot go on. we re borrowing $188 million an
and at that point, you can t have american tax levels. brian: what is their level? they spend 46% of gdp and people pay that. that s reflected in their taxes. america is basically borrowing $188 million every hour in washington. seven days a week, 24 hours a day, thanksgiving, ramadan, whatever. that gap cannot be closed by sticking to to the rich. brian: don t you think the president realizes that or do you think he fully realizes that in. oh, yeah, he does. this is the cunning thing. he s going to blame it on the rich, blame it on the republicans. but right now if you re just an average working guy with an average income, your taxes are going to go up because for him pour for the president, it s not about the economy. it s about government. it s about the size of government. not the economy. brian: on sunday night on the nfl sunday, there was a tragedy on saturday, as this chiefs
are, who owns what? who owes what? as you recall back in 2008, it was obscure insurance contracts written by a london subsidiary of aig that almost brought the whole system to its o cf1z&hc% deficit, $188 million per hour of new debt and deficit, that s what we are accumulating. you talk about the american dream, we are putting all that at risk, we got to deal with t governors 49 out of 50, see governor christie here, our
take precedence over other u.s. legal obligations would merely be default by another name. you are willing to default on our debt? let s face it, if we continue in the trajectory that we are going right now are borrowing money that we don t have because 41 cents of every dollar the federal government spends today is borrowed money. so every hour we are wh borrowg $188 million. so about a fifth of a billion dollars in the hour that you are on today we will borrow. we can t do that. this the music is about to end. this game is going tobies over. so don t let any one tell you that by increasing the debt limit the ability for the federal government to keep borrowing that somehow that is going show the world that we are even more credit worthy because we are borrowing. very soon, chris, we will be at the point where we going to be we are going to be borrowing more money so that we are essentially having a