reason to assume the republicans are going to change their mind. i think they are going to be more dug in having won their victory, essentially, on the debt ceiling, they feel they can flux their muscles more. we re not going to see revenue enhancers or tax increases on the wealthy even though the wealthy are taking home a larger slice of american total income than they have since 1928. nevertheless, they are not going to pay their fair share. that means there s going to be another struggle around thanksgiving or before thanksgiving, the same thing we ve been through already. what happens is congress is probably not going to reach agreement, that means the automatic triggers will come into effect and that s where the action is going to be. those triggers are going to make a lot of cuts in defense but also, probably, probably medicare and a lot of domestic discretionary programs. that is not going to be good for
representatives who said it s our way or the highway, we re not even going to consider revenue on the table. we don t want any revenue enhancers, we don t want to deal with anything like that. all s we want to do is cut and cut and cut. and right now that would lead to more job loss in the private sector. i don t accept that. and many of the democrats and be republicans don t accept that. jenna: well, what are you seeing from, what do you see from the republicans that you agree with? is there, is there a space that you see, okay, this is where the compromise could begin? as you say, both sides are responsible. where is that space? yes. i think that the president put forth over $4 trillion in cuts during the next ten years, i think it s a great place to start with. this is the president came a long way, he conceded. i understand from his speech last night that he even took revenue off the table. so, i mean, we can t have a total all one way and not the other way. let s have a compromi
we are keeping a close eye on, because it is the belief of many that the bill authorizes a so-called special committee to repeal the bush tax cuts and also possibly set into motion other so-called revenue enhancers down the road. joining me now for an exclusive interview, somebody who voted for the compromise, and he s the chairman of the house budget committee, wisconsin congressman paul ryan. always good to see you. good to be with you. sean: i know it s been a long battle, a difficult process. why don t you give us your take on it. you voted for it, why you think this is good for the person people. because we re cutting spending. look, is this everything i want? of course not. our budget proposed to cut 6.2 trillion. this cuts $2..1 trillion to $2.4 trillion. we actually got discretionary caps inxñ>fk law. i ve been fighting forn@vgç thee spending caps ever since the day i came to congress. we couldn t get these kinds of spending caps in the bush administration.
social security should be on its own table. do not consider social security a piggy bank for giving tax cuts. we are not going to balance the budget on the backs of people with disabilities. i m sorry. i think that s fair. we are not going talk tax cuts and the wealthy giving back a bit in society. i m sorry, it s not going to impact jobs to make sure revenue enhancers are in place. why should we make cuts to medicare, medicaid and social securi security. they need regrouped. anyone disagree? it s the willie sutton approach. control the budget. go to entitlements. nobody is talking balancing budgets of social security. what s on the table is the cost of living adjustments made to
that if it s a large deal, $2.5 trillion to $4 trillion and maybe even $6 trillion in the out years meaning the second ten years when you start messing around with the cbo numbers that it s easier to sell. that if you try to do this narrow package, you don t have the votes on either side. you go too narrow one way you lose democrats, the other way you lose some key republicans. that s their it s not a roll of the dice, that s their strategy. if you go big enough, you can get some revenue enhancers, you can trim the sails of some of the senate republicans because the greater part of this, the big trillions in spending cuts over a 20-year period let s say is too much for some of these guys to pass up. and we now know that john boehner met with the president privately on sunday. we don t know how many other secret meetings there s been. maybe you ve heard of others. there seems to be some sense that they can deal with john boehner privately at least they re getting some indications fr