you know. reporter: some of the worst damage was inland and on the sound side of the outer banks that doesn t benefit from the natural prevths sand dunes. the governor, who had urged residents and visitors to use their best judgment. don t put your stupid hat on. reporter: today happy fourth of july. reporter: is smiling. we are glad that the public took our warnings and because of that i think we ve reduced the negative impact of hurricane arthur. reporter: no serious casualties have been reported. but threats still remain as independence day celebrations resume. we re still evaluating some of the outer bank beaches. please listen to life guards. look at the warning flags. do not get in the water if the lifeguards and local authorities say do not get in the water because we could have rip tides further up, especially the northern beaches. reporter: for john lily, he s seen it before. have you grown up in the area? yes, sir. nags head. reporter: so you ve se
through for the next year with possible exception of some cuts in the defense department. but if they can t get anything through the republican caucus or only thing is a poison bill defunding obama care, democrats will be able to say that s not serious, you re looking to shut down the government. whatever comes out of the democrat controlled senate will drive the decision what spending looks like for next few months and next year in the federal government. republicans really are shooting themselves in the foolt on this policy issue. who really doesn t benefit, the american people. it s a nonstarter if republicans can t come to the table united. you have a number of republican senators hoping to strike a large fiscal deal with democrats and the white house but you also have paul ryan leading this submission in the house who basically wants nothing to do with it. this is what he said in politico, it doesn t matter what they do, doesn t matter what john mccain and others do on the taxes
he s willing to make the tough decisions on the spending cuts if the republicans acquiesce on tax hikes. meanwhile, republicans say i need to see the spending cuts first, show me yours first, before i give you anything on the tax hike. it s this game of who s going to blink first. but it really doesn t benefit john boehner to continue this, as we see the public opinion and his brand is really taking a hit on this. i think so. we ve seen this movie before. there s a lot of enthusiasm for vague cuts but when you have to actually decide what gets cut, even republicans blanch. the bloomberg poll out today shows 50% of republicans think that it s time to raise the taxes on the top 2% because the president has a mandate. that s just republicans. the majorities get even higher among the rest of the country which did just, of course, re-elect president obama on this plan. the talk about corporate taxes is fine but it s only a dime out of every federal dollar that we get out of corporate taxe
the people may not have a monopoly on the answers, but they understand this economy doesn t benefit for most of the people. for a quarter century we ve had an economy where most people can t pay for housing or health care or pay to send their kids to school without going into debt, and that debt has proven unsustainable. meanwhile, most of the profits from corporate growth have flowed to the top, to the people with the corner offices, to the people making the deals on wall street, and there is very widespread anger and a demand for a new kind of economy. you know, it must be said that there s some characterization that this is some sort of a radical movement. right. these people out on the street as if they are asking for something we ve never seen before. women s suffrage. that radical, never had that before. the civil rights movement, taking on an entrenched racial establishment in the south. this was radical. opposing the vietnam war, taking on the pentagon, country truly divide
including the last administration, would stop talking about it. sean: how about give george bush a little credit? it doesn t help anybody to get into the details of how we extract this information. the u.s. doesn t benefit. sean: newt gingrich will be on this program tomorrow night. we expect he will announce that he s running for president. how would let me ask this question, doing do in a debate barack obama? i think he would hold his own. i think he would do really well and then he would make some crazy gaffe along the lines of understanding the kenyan colonial mind, something like that and that would shoot himself in the foot. i ll give free advice to newt gingrich. move towards developing and articulating a clear economic philosophy. elisabeth is right. people do not want outlandish extreme rhetoric. they want practical solutions to our problems. the think that makes