i don t want to see default. i don t frankly want to get anywhere close to. chris: you are close to it? we are bad for our economy and bad for our country. i m trying to find a common ground that s doable in the time that we have remaining. chris: let me ask you and that s the last question, sir. how disappointed are you. according to the plan we understand now and it may change trillion dollars in spending cuts in the short-term. how disappointed are you that after months of talking after this urgent deadline that it seems now that maybe the most that washington can come up with when you are going to spend $46 trillion over the next decade is $1 trillion in spending? after over six months, conversations with the president, about doing the big deal, about taking a big step in the right direction, it s pretty clear to me that they are just not willing to do it. that the next election matters more than doing what s right for the country. i m not worried about the next election. i
plan in the house and, in effect, dare the senate, dare the white house to block it? chris, this is about what s doable at the 11th hour. remember this, and you mentioned it to secretary geithner. the house has done its work. we have passed a budget. we passed a plan. we have passed cut cap and balance. not one time in the pro-process have senate democrats or the white house put a plan out there. the conversations i was having with the president in case the senate didn t pass cut, cap, and balance, there was never any plan from the white house. the whole plan came from us. we laid out the framework. and at some point, they have got to lay their cards on the table. well, you are the one in the conference call yesterday who brought up the idea we have got to do something before the markets open in asia this afternoon. monday morning in asia.
whole process has senate democrats or the white house passed a budget, put a budget out there or even put a plan out there. the conversations i was having with the president in case the senate didn t pass cut, cap and balance, there was never any plan from the white house, the whole plan came from us. we laid out the framework. and at some point they ve got to lay their cards on the table. well, today, both the house and the senate will reveal plans of their own. can they find common ground? joining us, michigan congressman and republican presidential candidate thaddeus mccotter. good morning to you, sir. good morning. mr. boehner made the case we haven t heard anything from the democrats and the president hasn t laid out a plan. senator reid has, laying out the plan. no entitlement reforms and no tax hikes. what senator reid is trying to do is a stop gap. we have to remember as john boehner has pointed out before,
the republican leaders yesterday in which you said you want to be able to announce a plan, the framework of a plan today before the markets in asia open. are you going to announce that plan? i m going to continue to work with my congressional colleagues in both parties and my house republican conference to try to develop a framework within the cut, cap, and balance effort that the house passed this past week. i do believe that such a framework could come together but it is not in place as we sit here. chris: will you announce a republican prn or will you only announce a plan if you have buy-in from the democratic leaders on capitol hill? i think the preferable path would be bipartisan plan that involves all of the leaders. but it s too early to decide whether that s possible. you just heard the reaction from treasury secretary geithner. he was speak from the white
for more cuts that if approved the debt ceiling would be raised past the 2012 election. will the president sign that into law? chris, let me tell you what we are trying to do what the president is trying to do is first and most important we have to lift this threat of default from the economy, you know, nor for the next 18 months. we have to take that threat off the table through the election. but we also want to try to make sure we come together and make some tough choices, lock in some long-term savings to help get our fiscal house in order. we need to do both those two things so the congress can get back to the business to make the economy stronger and get more americans back to work. chris: so for lack of a better word i will call it the boehner plan, would the president veto that. again, let me step back for one second. there is two types of plans on the table now. one is the framework that the president and the speaker of the house had been talking about for the last severa