Rejects it. it is beyond revenue. it is about spending. that is our problem. you can stop going over cliff first of the year. what about spending that got us in bind we re in? none of the revenue that will be generated will make a dent in our spending especially the 6 trillion the president has . patti ann: brad, democrats are arguing, you know obama won re-election and that means voters prefer his economic strategy and it is really the republicans obligation to bend here. what do you say to that? that is nonsense. the president has no mapped date. if anything, we have more division today than we did back on election day. the electorate may have wanted divided governing but they re not going to expect the kind of gridlock we ve had the last four years. look they control the senate and white house. when the president controlled all branches government he rejected his own deficit commission which we re fighting over the same things we could have solved back when the democrats co
Treasury? what is your best guess? he appears to be the frontrunner from everything you see and read and hear and he is a i ve known him a long time. he s an accomplished guy. he knows these issues perfectly. he has worked in the financial community and has a sense of that and vice versa. and so i think he would be a it terrific choice. we should say there are a couple other people who have been rumored to being vetted. roger altman, former treasury official, larry fink, be erskine bowles. this what is alan simpson, erskine bowles partner in the deficit commission, had to say about that possibility last week on the show. he said he would be very pleased to do that. he shared that with me personally, as long as they move the treasury department to north carolina, to charlotte. i don t think he s worked so hard on this. you don t think he could be persuaded? never. because he wouldn t want to serve in a dysfunctional
We are talking about 12 or 15%, depending on how you calculate it, the entire workforce. small business creates jobs. it drives the economy. these are the folks, and this may play some part in the fact that they haven t been invited to today s soirée, they are the folks that will be paying those taxes that he is about to raise if he has his way. megyn: i mentioned a moment ago that the union leaders including richard trumka, supposedly they came out and said we don t want them touching medicare and in medicare and social security, they don t want any of these so-called entitlement programs to be adjusted. i m not talking about people that are getting social security currently, but there had been a discussion from the deficit commission to raise the retirement age for people who are a little younger. lou: it s going to have to happen. megyn: they said no, that s a nonstarter. megyn: lou: they are going to talk straight. we are going to talk about tech
Specific vision on how he will do that, which many say we haven t heard that. we really haven t. i have been going to the obama campaign repeatedly and saying, what is his economic plan, how is he going to jump start the economy and they go back to a speech he made last september about the jobs act, infrastructure spending, spending for first responders. payroll tax cuts, things like that. even by the most optimistic estimate it would create only about a million more jobs, not nearly what you need to keep pace with inflation but to drive down the unemployment rate. there is a lot of talk and we ll see whether or not the president embraces new economic policies. some people said maybe he ll embrace the simpson-bowles deficit commission. if he does it the question is its not like mitt romney who is not in office. if guy has been in office, the
A private dinner at the white house although they have been to a couple of state dinners. doesn t that seem a little weird? current democratic president. no. jenna: it doesn t? look, hillary has plenty of time with the president. this is not a case are if where the clintons have an idea don t have the opportunity to put it across. and you know, i don t know about the private dinners to be honest. i don t care that much. when bill clinton was president and i went to the white house, it was mostly old friends from arkansas and big money people. i didn t see a lot of politicians at his level. as for the congress, look, i don t want to play blame games but both side here, democrats and republicans, are locked in such a partisan battle that brad s right, nothing gets done. i think you have to look what is going on in congress for an explanation for that. i mean you talk about this deficit commission. paul ryan was among those house republicans who were absolutely opposed to the provisio