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Buried. progressives want the senate to pass the bill before was biden s state of the union speech march 1. nancy pelosi cautioned that early march is aspirational. the left is prepping to accept a lot less compared to what the house approved in december. i think people want to get this over with. frankly the progressive wing of the democratic party at this point, they just want to get whoever they can. pelosi is hinting it s time to move on to avoid ago government shut down later this month and pelosi is also trained on a bill to help the u.s. compete with china. that s on the floor later this week. charles? charles: chad, thanks very much, a democratic think tank urging the party to go for a skinny build back better plan. so would any republicans support that? with me john thune, republican from south dakota. we called majority whip dick ....
Massive social spending bill today. we ll talk with senate minority whip john thune about where this is heading. welcome. i m charles payne in for neil cavuto, this is your world. first to chad pergram with the very latest on capitol hill. chad? good afternoon. democrats need a win after stumbling on voting legislation and despite what chuck schumer says build back better is in the same place as it was in december. joe manchin says the original bill is dead. build back better could become build back broken up. the gop is making a preemptive strike. now washington democrats are trying a again to revive talk of another, another reckless bout of spending this year. american families are already hurting enough. they need that bad idea to stay ....
And that kind of thinking is the way they need to be approaching this. the problem is our senate colleague and the president want to tax more and spend more, not less. and they are rejecting anything that you send toward em that actually reduces spending. it would change the debt course of america. sean: your reaction senator thune? how did we get this deep into the process five days out, as of tomorrow and the democrats haven t presented a plan? it stars with a budget. the senate democrats it starts with the budget. senate democrats haven t passed a budget in 819 days. that s why we are here. we ve seen this incredible run-up in spending since this president took office. you talked about his economic record. you look at the debt gone up 35%, unemployment up 18%, health care up 19% sean: that s what has to stop. that s what we are trying to get back down in the right ....
Every year we go up in increased spending 7, 8% a year, is that right senator thune? in the entitlement programs that probably is right. that s why we have to get entitlement reform undertaken. sean: we passed a bill that says we live within the 2011 budget. in other words, this year s budget, which is 1.65 trillion that we didn t take in. we are going to live within that budget for the next six years and decrease it every year just 1%. can you not find a way to manage the deficit and the debt and get our country off risking its aaa bond rating that way? absolutely we could do that. it would be reasonable. it would be the kind of steady step-by-step process that could lead us to a balanced budget. it won t be easy. that s most significant than it might appear. but it is doughable. and that kind of thing and that but it is doable. ....
And that kind of thinking is the way they need to be approaching this. the problem is our senate colleague and the president want to tax more and spend more, not less. and they are rejecting anything that you send toward em that actually reduces spending. it would change the debt course of america. sean: your reaction senator thune? how did we get this deep into the process five days out, as of tomorrow and the democrats haven t presented a plan? it stars with a budget. the senate democrats it starts with the budget. senate democrats haven t passed a budget in 819 days. that s why we are here. we ve seen this incredible run-up in spending since this president took office. you talked about his economic record. you look at the debt gone up 35%, unemployment up 18%, health care up 19% sean: that s what has to stop. that s what we are trying to ....