saturday at the conference in south carolina. his speech expected to focus heavily on the texas economy, half of the jobs created in this country, in the last two years they were in texas. republicans are going to point to that as a success story. democrats say not so fast. most of those jobs are low wage jobs. democratic source told me earlier today, governor pair vee all hat and no cattle. but after the speech in south carolina, anderson, he heads off to new hampshire and he taped an interview with a tv station. he s making all of the moves of a candidate tonight. he s also headed to iowa this weekend but not taking part of the ames straw poll, is sne. that s right. this was designed to steal the show from the ames straw poll this weekend which is where all of the other republicans are. it s become a gop beauty pageant. sarah palin stepped on rick perry s story. now he is stepping on hers. welcome to 2012, anderson. yeah, just beginning. jim, thank you very much. the
holder in u.s. debt. we get it. united states gets it. when i say we i mean the united states. they can t unload or hurt their own holdings that s the issue. the point i was going to make is everything they say bad about s&p and our debt impacts them dramatically because they hold so much. absolutely. we have republican congressman reed ribl coauthor . congressman were you surprised do you think if we had cut cap and balance we would have avoided this downgrade? thanks for having me on. i was not surprised the downgrade. s&p has been talking about it for months. during the budget negotiations we met with the ratings agency just a few weeks ago before we wrote cut cap and balance. we had a meeting with s&p we knew where they were at. cut cap and balance was specifically to address their concerns.
a client called this afternoon what is s&p what do they do? really it s one person s opinion if you think about it one company s opinion on the u.s. debt. they are downgraded them twice in the last two months. it is one opinion. we have put so much into these big three credit agencies. one company a $14 trillion economy that s a lot of power. i want to bring in representative marsha blackburn republican from tennessee. welcome congresswoman. great to hear from you. good talking with you gerri. thank you. i want to talk to you. you were in favor of cut cap and balance. if we had put that in place do you think we wouldn t even be having this conversation today? well, i think that indeed had we put that in place we would not be interesting this
in my hands the only copy of the build an bill and the white was issuing already a veto threat and it was tabled without any discussion or debate. we need a serious discussion in this country about cut cap and balance about specifically about a balanced budget amendment. shannon: on the folks on the other side of you, they say what you are sending them is not a compromise, all one sided and only for the republicans and, of course, they are not going to vote on it. how do you respond? they should at least debate it or amend it. whatenate i don t know bahar they do over there other than the potluck winner with the wheel chair bingo. we produce cut cap and balance and have been out there trying to be as compromising as we possibly can. for a guy like me to vote to
you hear a lot coming towards us saying we need to be bipartisan. when the president has no plan and the budget submitted by the president went to the united states senate it was defeated 97-0. didn t even get one democratic vote for it. i can look at the house companies and say we passed a balance. we passed cut cap and balance. goes over to the senate and they didn t even discuss it. they just tabled it. frustrateing that we are not having a serious discussion about how are we going balance our books in this country. shannon: how do you respond to not only the official statement from the s&p but those internally speaking out saying they are upset with washington as a whole like you have got to get your political act together. too much dissention and no cohesion. what are the hopes for that moving forward. in. i was the primary sponsor of cut cap and balance coming out of the house. and i remember that the speaker and leader cantor announced that we were going to bring this up to