so every debt limit debate i ve been a part of, which is way too many at this point, came with a price. john boehner said we either need to cut spending, reform entitlements, a variety of hostage demands. this does not. mitch mcconnell has said republicans aren t lifting the debt limit and that s it, they re just not doing it, and democrats need to do it with budget reconciliation, which is the fast-track 50-vote process that you could raise the debt limit with just democratic votes. there s not much time. we re 19 days to the limit. democrats just congress needs to get going because everything takes a long time. i want to play for you what senator pat toomey, pennsylvania republican, said about the debt limit. it is not about past spending. it is about future spending. consider for instance this 3.5, which is really $5.5, trillion spending bill. last time i checked, that hasn t passed yet.
entitlement spending. you basically predicted where we were going and i would like to say when people say that i m a squish or i ve changed this way, i d love to say yes, i m actually nuanced enough to do that but, like me, you ve been saying the same thing about trade, about deficit, about debt, about entitlement spending for a quarter of a century. you ve been saying the same exact thing, more so than anybody else i came into congress with in 1994. how does it change? like people that have known you for a quarter of a century and heard you saying i m for free trade, i m for balancing the budget, let s not spend so much money, let s reform entitlements, let s save social security. what do they say when they look into your eye and you ve been saying the same exact thing you ve been saying for over two decades now? well, that s the puzzle of this race and something i m trying to figure out myself but what i d say is those
sure. sandra: reading off letters from daca recipients. she said she will not support this. how do you plan to get this through? we are going to get it through because most people are going to listen to general mattis. to my fiscal conservatives friends you know defense spending doesn t drive the debt. it s the mandatory spending, medicare, social security. interest on the debt. reform entitlements. to nancy pelosi i will put my credentials up against anyone including you when it comes to immigration reform. you need to understand our military is in a state of disrepair. we ve suffered since 2011 and we re at war and need to the dreamers are important but nobody is more important to me than the men and women who are fighting this war. sandra: and you have shared your concern and passion for those dreamers and you just a couple days ago said you are
distributional affects of this bill and already just if you look at the tax side when they re spending $1.5 trillion off the deficit it s already a tax increase for most people going the way they say it does but if they pay for it it s a biggest hit to the working poor and people relying on government programs and the elderly and the working poor and nobody s being quiet about this. paul ryan, donald trump, the rest of them, saying it perfectly publicly. this is a place where the problem is that it s only 44% who believe this. this bill is going to be really bad for a whole lot more than 44% of the population. and, david, this sends us if it passes it sends us into a cycle that we have seen before. a massive republican tax cut of as we saw with george w. bush, for example, followed by a call and an attempt to, quote, reform entitlements. cut medicare, cut social security in order to try to reduce the deficit or eliminate the deficit.
bill and already just if you look at the tax side when they re spending $1.5 trillion off the deficit it s already a tax increase for most people going the way they say it does but if they pay for it it s a biggest hit to the working poor and people relying on government programs and the elderly and the working poor and nobody s being quiet about this. paul ryan, donald trump, the rest of them, saying it perfectly publicly. this is a place where the problem is that it s only 44% who believe this. this bill is going to be really bad for a whole lot more than 44% of the population. and, david, this sends us if it passes it sends us into a cycle that we have seen before. a massive republican tax cut of as we saw with george w. bush, for example, followed by a call and an attempt to, quote, reform entitlements. cut medicare, cut social security in order to try to reduce the deficit or eliminate the deficit. this is the cycle that we would