reduce funding for the centers for disease control by 38%. what specific programs would you cut,ing congressman? i would eventually try to wean ourselves off because these are functions not properly authorized by our government. chris: let me pick up on that. you don t think that the government has a role in trying to do research to try to find answers to new diseases or diseases or to check for instance the centers for disease control if there is an epidemic sweeping the world? well, if it is international, yes, and if it is people coming in yes, we will have some responsibility. when it is r & d and how this money should be spent, unfortunately, it is spent for political reasons rather than market reasons. so when that happens the lobbyists come in and they line up and special drug companies, the drug companies are very much in favor of this. but the decisions are made by politicians and bureaucrats rather than by the marketplace. but you want more r & d. you would have much mo
if if a president said the most important thing is make sure you push this next decision off until after the re-election campaign, except for the case the president takes a paragraph to make. saying, look how it worked this year. look what it s become. look how this works. ari, i think although the president is giving us a political line in the calendar saying do it after the election year, it is also the normal range in which we raise debt ceilings. we like to do debt ceiling increases that will last more than a year. anything else is considered very short-term. there are market reasons to do longer term debt ceilings, but they tend to be the traditional form of debt ceiling, and he does make, i think, a very reasonable case that our politics, our congressional politics and our campaign politics can t possibly handle another debt ceiling debate where we actually would have to
brink of a crisis. i d normally agree with you if if a president said the most important thing is make sure you push this next decision off until after the re-election campai campaign, except for the case the president takes a paragraph to make. saying, look how it worked this year. look what it s become. look how this works. ari, i think although the president is giving us a political line in the calendar saying do it after the election year, it is also the normal range in which we raise debt ceilings. we like to do debt ceiling increases that will last more than a year. anything else is considered very short-term. there are market reasons to do longer term debt ceilings, but they tend to be the traditional form of debt ceiling, and he does make, i think, a very reasonable case that our politics, our congressional politics and our campaign politics can t possibly handle another debt ceiling debate where we actually would have to
brink of a crisis. i d normally agree with you if if a president said the most important thing is make sure you push this next decision off until after the re-election campai campaign, except for the case the president takes a paragraph to make. saying, look how it worked this year. look what it s become. look how this works. ari, i think although the president is giving us a political line in the calendar saying do it after the election year, it is also the normal range in which we raise debt ceilings. we like to do debt ceiling increases that will last more than a year. anything else is considered very short-term. there are market reasons to do longer term debt ceilings, but they tend to be the traditional form of debt ceiling, and he does make, i think, a very reasonable case that our politics, our congressional politics and our campaign politics can t possibly handle
until after the re-election campaign, except for the case the president takes a paragraph to make. saying, look how it worked this year. look what it s become. look how this works. ari, i think although the president is giving us a political line in the calendar saying do it after the election year, it is also the normal range in which we raise debt ceilings. we like to do debt ceiling increases that will last more than a year. anything else is considered very short-term. there are market reasons to do longer term debt ceilings, but they tend to be the traditional form of debt ceiling, and he does make, i think, a very reasonable case that our politics, our congressional politics and our campaign politics can t possibly handle another debt ceiling debate where we actually would have to legislate one next year. right. the only thing i didn t hear the