expire this time? absolutely. absolutely. we have to do that, joe. can i say i don t believe it? i don t believe it because are you speaking as a millionaire? i m speaking now as a newly mended millionaire. i don t believe you are going to do it. bob woodard and i were talking about this on the show. in washington, d.c., everybody figures out a way to spend more money, cut more taxes, drive us deeper into debt. i think you are going to do it. we made tough choices in terms of cutting that domestic discretionary spending. next year, joe, it will be below where it was in years. i am telling you, we cannot spend another trillion dollars in the next ten years on tax cuts for the wealthiest americans and address deficits and deal with challenges on
education, research development and energy to grow in a way that offers the broadest possible perspecti perspective. you may not believe it, joe, but the president is going to win in november and we are not going extend the tax cuts for the wealthy. i m looking forward to coming back here in the future and gloating. i hope you do. i hope he doesn t pass on it. will you have the courage, also, will the president have the courage to do what has to be done to save medicare? to save medicaid? to save social security. we want to extend medicare further. we are going to make reforms necessary. the way to do it is reform health care. you can improve patient care and save money. we are going to do the things that are necessary. how about raising the age people get social security and medicare. we are going to improve the
years ago today. rare events played a role in the catastrophe. it created record ocean tides which might explain why the ship encountered so much ice. a second theory, it created ideal conditions for a mirage that would have hid the iceberg. okay. you know a gps. i never saw the movie. did you see the movie? yes, joe. i think everyone in america saw the movie. i know what happens in the end. now it s out in 3-d. i can t see that? isn t that with the celine dionne song? you lose me there. they are on the front of the thing, they die. okay. it s like passion of the
where is it in ten years? our debt is 20% lower than the president s. give me a number. we get around 60% of gdp. hard number. 20 trillion? i don t know. what matters is the percent of gdp. we bring it 70% down to closer to 60%. we are putting in place the structural reforms that get the debt paid off. the president brings the debt up 76% over his budget. if we do nothing, joe, walk away and do nothing. the debt goes up 78%. the president s budget goes up 76%. he is putting us on the path to a debt crisis. he s not reforming the programs that are the driver of the debt. we will lose control if we don t get it under control soon. we are not cutting tax revenues,
it. we haven t been able to come to terms here on a package. the president proposed one. the president is prepared to do it. we have to do it in a balanced way. you mean in his budget? his budget proposal and last summer in his discussions with john boehner. what are you smirking at? the budget that got zero vote. stop! all of these votes are a show of votes, joe. you know that. you are a former congressman. you are a recovering congressman for crying out loud. you understand the game. you understand the game. zero votes. the question is let me ask you a question as a serious question. a serious question. do you believe that we can solve our deficit issues and do the things we need to do as a