board to get the savings back, and another is to raise the debt ceiling in 2012, you have to pass the recommendations of the sort of so-called super committee. reid has the super committee, too, and reid s committee will be putting out the recommendations and presumably similar, and if he took what boehner has as the cap of across the board cutting mechanism as the enforcement for that super committee s plan as opposed to d debt ceiling that would work out okay, so that the only difference there is instead of the enforcement to passing the super committee s plan being that we have a massive credit crisis in the country, then the enforcement mechanism is if we don t pass a deficit plan, we will get more deficit reduction through the spending cuts. it makes more sense if you are concerned about the deficit reduck slun, but if you want to crash the economy, bane noehner the better plan. well, you a clever man. and you, are too.
and another is to raise the debt ceiling in 2012, you have to pass the recommendations of the sort of so-called super committee. reid has the super committee, too, and reid s committee will be putting out the recommendations and presumably similar, and if he took what boehner has as the cap of across the board cutting mechanism as the enforcement for that super committee s plan as opposed to d debt ceiling that would work out okay, so that the only difference there is instead of the enforcement to passing the super committee s plan being that we have a massive credit crisis in the country, then the enforcement mechanism is if we don t pass a deficit plan, we will get more deficit reduction through the spending cuts. it makes more sense if you are concerned about the deficit reduck slun, but if you want to crash the economy, bane noehner the better plan. well, you a clever man. and you, are too. no, i have read your copy.
i think these cults are totally unreasonably. is it the president, john boehner, harry reid, is it the tea party? there is a lot of finger pointing going on. so who is to blame? i heard speaker bane noehner it was not a revenue problem but a spending problem. we have lost 8 million jobs. that is a revenue problem. we have surpluses as far as the eyes could see in 2000, tax cuts, two wars, katrina. the financial bailout put us in this deficit position. we can t cure this deficit position by taking it out on federal workers or public employees. their pay, their pension, furloughing. that is not the answer to our fiscal problem. john gauge, many thanks for joining this morning. we appreciate it. thank you. a lot of u.s. businesses with government contracts will