aside, failure to raise the debt ceiling leads to very bad economic outcomes and chaos in the financial markets. the treasury may or may not be able to prioritize interest payments, pay them first. most people say they can t. you can t. but past that, the politics are ugly. we ll pay the chinese but not our senior citizens social security, and the confidence effects are horrible. if an international lender looks at a country and says you know, you can make interest payments but you re not paying for your highway bills or social security or medicare, they re not going to lend you more money. interest rates will go up. you ll have trouble. this is a major talking point in the republican party now, that it s not that big a deal. we don t know and we shouldn t want to find out. this is something that i think is extremely dangerous. shutdown never historically has been a big deal. messing with the debt limit is something i don t want to try. matt, i want to get your response to this t
them a tax break will do exactly that. now this is blatantly unconstitutional. never before in the history of this nation has the federal government required anybody to buy something whether you want it or not and hopefully the supreme court will see that. we need to rip it out by the roots and replace it with something that will lower the cost of healthcare and my patient option act will do that, it will lower the cost for everybody and that s exactly what we need to do, give patients options so they can buy the health insurance they need to. i hear you. quick, congressman. if you looking to arguments tharpe brought up when social security was passed and medicare, a lot of these arguments were brought you have years ago. i wish we could do this in a bipartisan way and i m willing to work with my doctor friend, we are good friends. but right now congress can t even pass bipartisan bills like the highway bills and other bills. again, if we could sit down in an ideal world and sit do
them a tax break will do exactly that. now this is blatantly unconstitutional. never before in the history of this nation has the federal government required anybody to buy something whether you want it or not and hopefully the supreme court will see that. we need to rip it out by the roots and replace it with something that will lower the cost of healthcare and my patient option act will do that, it will lower the cost for everybody and that s exactly what we need to do, give patients options so they can buy the health insurance they need to. i hear you. quick, congressman. if you looking to arguments tharpe brought up when social security was passed and medicare, a lot of these arguments were brought you have years ago. i wish we could do this in a bipartisan way and i m willing to work with my doctor friend, we are good friends. but right now congress can t even pass bipartisan bills like the highway bills and other bills. again, if we could sit down in an ideal world and sit do
them a tax break will do exactly that. now this is blatantly unconstitutional. never before in the history of this nation has the federal government required anybody to buy something whether you want it or not and hopefully the supreme court will see that. we need to rip it out by the roots and replace it with something that will lower the cost of healthcare and my patient option act will do that, it will lower the cost for everybody and that s exactly what we need to do, give patients options so they can buy the health insurance they need to. i hear you. quick, congressman. if you looking to arguments tharpe brought up when social security was passed and medicare, a lot of these arguments were brought you have years ago. i wish we could do this in a bipartisan way and i m willing to work with my doctor friend, we are good friends. but right now congress can t even pass bipartisan bills like the highway bills and other bills. again, if we could sit down in an ideal world and sit do
sector, the vast majority of the funds. let me ask you about the other side of the bill. we talked about the spending. the one things about taxes, we talked about republican bill, democratic bill, in the 80s when reagan had to do a infrastructure bill he put, he created a nickel increase in the gas tax. the thing we funded the infrastructure bills, highway bills through gas taxes under the theory people who drive on roads should pay for them. that stopped happening in the bush years, it s not in your bill, to me it s a signal how far washington has moved on taxes. did you have any discussion with your colleagues on that? ezra, the gas tax was started a long time ago and still funds infrastructure. so we have in fact kept the gas tax, and dedicate the federal gas tax to the highway trust fund which funds our roads, our bridges and highways, along with state matching funds, that is how it works. we haven t turned our back on the gas tax, it s true we haven t raised it in a very long