responsibility. sean: senator johnson we are dealing with everything but what i say we need to be dealing with which is reckless spending, reckless debt and reckless deficits. do i overstate the case when i say that america real le is on the brink how dangerous is this for the country in the long-term if we keep kicking the can down the road? extremely dangerous. from 1970 to 1999 the federal government average interest rate was 5.3%. in order to accommodate all of this deficit spending we have been paying 1.5%. if we revert to that mean, that average borrowing cost when america was a far more credit worthy nation that would add more than $600 billion per year to just the interest expense. senator toomey is right. the reason we are in the situation, the last minute negotiation behind closed doors if that continues is because harry reid hasn t passed a budget. that would get reconciled with
getting hurt is the middle class that allegedly obama supports which is a bunch of baloney. that s go is going to happen. i will throw this to joe trippi. the people that will really be hurt are the children and grand children that we are stealing from. we are robbing these kids blind. we are taking their inheritance away. and i have a question for you, for joe trippi. why is this president so obsessed, obsessed with taxing small business that will fund the government eight and a half days and not dealing with the trillion dollars deficits? can you explain that? that is not what s going to happen here, sean and you know it. sean: wait a minute. they are not dealing with spending, joe. he is not protesters posing any serious cuts. if you go to $400,000 or higher on the level which the tax rates go up that is going to hit very small group of small business people what we would call small business
patiences. these are then. the congressional record has shown that and it will be up to the department of labor sean. it will be very interest iting to see if they are going to take that action to try to collect. tara, why wouldn t you support the religious right and liberty of this company to follow its deeply held religious conviction and conscience? they are not against row riding health insurance but this to them is providing health insurance but this to them is immoral so now we will fine them $1.3 million a day and potentially put them out of business and people lose their jobs and you are okay with the government mandating that? i disagree with the whole premise of the argument. it is that this is some sort of abortion pill. that is simply not true. it is not an abortion pill. it prevents this is also about the contraception issue. you had your opportunity and i would appreciate the same kurtty. be clear in your facts. let me get them out and then i can be clear.
years ago. i didn t get very far. it was not popular. my point is that look i served in the congress. these negotiations happen on budgets, on taxes, on even foreign policy issues the last days when the presidential hopefuls he sure is really on. when the gun is pointing to the head of a lot of members of congress. bipartisan, republican and democrats. it is moving in the right direction. we have three, four days to go. i wouldn t be surprised ifing something doesn t happen until the very last day. but i think it will. i sense that. sean: let me governor just very gently disagree with you. i know you probably think this is maybe a good deal whatever they are talking about and they are talking. i spoke to somebody who was in the meeting today and the president is exactly where he was on day one and that is businesses, small business, over $250,000 they pay more. that would fund government for 8 and a half days. that is all that is going to
country, governor. well, let s say we ll have a friendly bet, sean and as good friends let s keep it that way. i m not going propose 10,000 bucks like mitt romney did. just a friendly bet. sean: you got to let it go. at some point. he lost the election. good to see you. thank you for being with us and happy new year to you. same to you, sean. sean: we break down senator dianne feinstein her proposed new weapons ban and some have to register their firearms and get fingerprinted with the federal government. and why an arts and crafts company could be forced to pay over a million dollars a day because it refuses to comply with the obama law because they say it violates the religion belief hs of the owners. belief hs of the owners. more as this [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away. while going shoeless and metal-free in seconds.