the clinton administration, not quite so dramatic. around the room i guess about half of you were around and thinking about administrations when this happened and the other half of you are probably not, but if you recall, the big praise in the clinton election was the economy, stupid. it was a goal to refocus america on america and now an interesting -- and interest to remember the context was where we are in the budget today. really hard focus on the budget reality. we have a young, you think with all due respect, slightly disorganized president, tremendously creative, congress first then democratic and the republican congress after a significant i think misstep on part of the administration. and a reenergize focus in this was the period in which we shut the government down so there was a lot of looking inward at this time. the themes that mark talked about are still fundamental. in the clinton administration comes in, you had a winding down of cold war. you at a very serious concern with what was going to happen to all the very very

the clinton administration not quite so dramatic. looking around the room, i guess about half of you were around and thinking about the administration's when this happened coming at the other half of you were probably not, but if you recall the big praise in the clinton election was it's the economy, stupid. it was a goal to refocus america on america, and now the interesting -- and interest in the context where we are in the budget today a really hard focus on the budget realities. we had a young with all due respect slightly disorganized president, tremendously creative, a converse first space and then republican congress after some significant steps on the part of the administration and a free interest focusing this is the period that we shut the government down so there was a lot of looking inward at this time. the things mark talked about are still fundamental when the clinton administration comes in, you have a winding down of cold war and a very serious concern with what was going to happen to all the very talented soviet scien

the clinton administration, not quite so dramatic. looking around the room i guess about half of you were around and thinking about administrations when this happened and the other half of you are probably not, but if you recall, the big praise in the clinton election was the economy, stupid. it was a goal to refocus america on america and now an interesting -- and interest to remember the context was where we are in the budget today. really hard focus on the budget reality. we have a young, you think with all due respect, slightly disorganized president, tremendously creative, congress first then democratic and the republican congress after a significant i think misstep on part of the administration. and a reenergize focus in this was the period in which we shut the government down so there was a lot of looking inward at this time. the themes that mark talked about are still fundamental. in the clinton administration comes in, you had a winding down of cold war. you at a very serious concern with what was going to happen to all the ve

clinton administration not quite so dramatic. looking around the room, i guess about half of you were around and thinking about administrations when this happened and the other half of you probably are not. but if you recall, the big phrase in the clinton election it's the economy, stupid. it was a goal to refocus america on america. and to remember in the context where we are with the budget today, a really hard focus on the budget realities. we had a young, i think, with all due respect slightly disorganized president, tremendously creative. a congress first democratic and then a republican congress after some significant, i think, missteps on the part of the administration. and a re-energized focus and this was a period where we shut the government down and so there was a lot of looking inward at this time. the themes that mark talked about are still fundamental when the clinton administration comes in, you had a winding down of cold war. you had a very serious concern with what was going to happen to all the very, very talente

i missed the entire clinton administration. from an implementation perspective i can talk about a good one and a bad one. gps clearly is a good implementation of a good policy. we started that policy from scratch. there was nothing that preceded it. i didn't really take credit for -- gil rye did not take credit for reagan offering gps to the world as follow-up to loss of k l 007. we put the policy in place and then spent an inordinate amount of time on vice president gore's adding to that and making sure that policy was going to stick and get implemented. we add the second or third civil signals and put in place the financing package to make sure that was going to happen. we set in place turning off selective availability put in place, the program with the military that would allow that to be turned off. we started all the international consultations on gps starting out with european commission and japanese. we had a joint -- at boat -- president clinton and prime minister obuchi, cooperation between the u.s. and japan. that wa

greenspan was worried at the end of the clinton administration we were going to pay off the debt too quickly. and president bush projected a $5.6 trillion surplus. so i tell my friend that the reason i look back is to not repeat the mistakes of the past. we didn't pay our bills. we paid our bills in the 1990's, we started not paying our bills again, you jettisonned the statutory pay-go, jettisonned it again, essentially, not the statutory part but the rule part. i would hope, again, i don't enjoy going back and forth on this but i am concerned for my country. the speaker said he wanted to solve this problem by june 30. it's now jewel 7. -- july . we haven't resolved it. the country is waiting for us. let us hope that all of us will not say, can't do this, can't do that, can't do the other. let's go down to the white house on sunday, with the president, with the senate, with the leaders of this house, and say, yes we can. we can be [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] >> congressional leaders will meet with th

and that was a very reassuring decision, but why the clinton administration-- why? why did you do this to us, bill? why he had to appeal this to the supreme court, and this supreme court is-- you know, i don't know. it's for the psychic friends network. it's really out of my bailiwick to say why he did this. well, the case did, in fact, go to the supreme court to resolve, really, one issue, and it had to do with language in the enabling legislation, the funding legislation, that said the n.e.a. should take into account standards of decency. it was an advisory piece of guidance from congress. and then the supreme court had to decide whether that was an infringement on the first amendment of the constitution. and the supreme court decided... well, the supreme court decided-- actually, they decided, because the statute read "they may take into consideration"-- they could but they didn't have to-- general standards of decency, that that was constitutional and that if the supreme court-- or if they were required to take into consideration, that that would be unconstituti

greenspan was worried at the end of the clinton administration we were going to pay off the debt too quickly. and president bush projected a $5.6 trillion surplus. so i tell my friend that the reason i look back is to not repeat the mistakes of the past. we didn't pay our bills. we paid our bills in the 1990's, we started not paying our bills again, you jettisonned the statutory pay-go, jettisonned it again, essentially, not the statutory part but the rule part. i would hope, again, i don't enjoy going back and forth on this but i am concerned for my country. the speaker said he wanted to solve this problem by june 30. it's now jewel 7. -- july . we haven't resolved it. the country is waiting for us. let us hope that all of us will not say, can't do this, can't do that, can't do the other. let's go down to the white house on sunday, with the president, with the senate, with the leaders of this house, and say, yes we can. we can be responsible, we can be adults, we'll get this done for the people. i yield back the balance of my time. the speaker pro tempore: the gentleman from virgini

closing the corporate loop holes and go back to the same rates that were in place in the clinton administration and when the economy was booming with 12 million jobs added. they will not talk about that and the conversation ends. >> this is what we have just seen is a problem quite frankly. there is no effort to get together on either side and brings us to a deadline. 16 days, congressman jordan, you say that the world will not end on august 2nd. that we can our bond holders with revenue and prioritize the rest of the spending. >> this is the fella who is a treasure official j powell in the george bush administration did an analis of what the government would have to cut. 44 percent in other spendingine if you pay social security and medicare benefits. you have to choose the veterans benefits and unemployment insurance and f.b.i. and faa . world's biggest bond company which already sold, most of the their treasury securities. he said the market situation might resemble the leman brothers collapse. this is not a politician but the market talking. >> standard and poors said if we don't put someth

about many of the programs that were essentially multi modal gains that happened during the clinton administration and even during the first bush administration, related to things like bicycle facilities, transit and accessibility in general, those issues are now being described as hitchhikers to the original purpose of the highway trust fund, which is the main source of funding, and, of course, there is a great deal of disagreement on the democratic side of the aisle as to the appropriateness of that characterization and to the tendency to see only card- related improvements as improvements that are worthy of funding in a time of crisis. we think it is exactly the other way around. so it is a debate that is essentially breaking on ideological lines. unfortunately, i do not think that that will lead to a compromise bill anytime soon. >> -- supervisor mar: mr. watts mentioned the disappointing budget news. was it the prop 1a connectivity funds, how it impacts the central subway? i'm just wondering what is the impact on our ability to fund the central subway. >> it is a statewide proposition, but th

a team that has not been relevant since the clinton administration is now atop the nl central. everybody likes a winner, and the pirates are the talk of the town in pittsburgh. the only run of the game andrew mchitchin, a ground-out. pirates up 1-0. the thing that made this team different from the past, pitching. james mcdonald, and three relievers combined for a six-hit shut-out. do not adjust your audio. the pirates are in first place and beat the reds 1-0. the rays lost the last two games, but the baseball gods made up for it last night. eddie. in came a run. yanks and rays tied 2-2. yanks and rays. johnny damon to center. curtis granderson made a grab. sent the ball halfway to tallahassee. that scored the go-ahead run. yanks with a comedy of errors in the seventh. the rays won it 3-2. look at this. a's and tigers. carlos, a shot down the line. martinez hustled from first. got the green light to go home. the throw to the plate in time. martinez slipped past the plate, faked out the catcher and was safe. great body control and it makes suzuki look like a fish out of water. ti

even if it's how we did it back during the clinton administration. and with that, mr. speaker, i would yield two minutes to the distinguished gentlelady, member of the budget committee, ms. wasserman schultz. ms. wasserman schultz: thank you, mr. speaker. i rise in strong opposition to h.r. 2560, which attempts to manipulate the constitution in order to impose a ryan budget plan on steroids. this is yet another thinly valed attempt by our colleagues across the aisle to medicare while refusing to consider tax breaks for millionaires. it is crucial that the american people understand that this plan would require even deeper cuts than under the ryan republican plan we saw in april. this means deeper cuts in education, clean energy and increased costs for our seniors. president obama has vowed to veto this bill, which ends the medicare guarantee and the gentleman from florida who represents thousands of medicare beneficiaries as do i, is supportive of this plan that would increase costs for medicare beneficiaries, unbelievable from a member from south florida. it slashes m

it was during the clinton administration. it followed on some very difficult decisions in the early 1990's and what it included as part of the balanced approach was asking the folks at the very top to pay a little higher rate than they are today. and what the president has proposed is to ask those americans as part of a shared responsibility to go back to paying those rates. and what our colleagues would plant in the constitution of the united states is a supermajority requirement, 2/3 vote to go back to the same tax rates that were in place during the clinton administration, but a majority vote if you want to reduce the deficit by cutting benefits for medicare beneficiaries, whose average income, by the way, median income, is under $22,000 a year. and with that, i yield one minute to the gentleman from rhode island, mr. langevin. the speaker pro tempore: the gentleman from rhode island is recognized for one minute. mr. langevin: ask unanimous consent to revise and extend. . mr. langevin: i rise in opposition to this bill. ti

. >> stephen: assistant secretary of health and human services in the clinton administration where youigned over welfare reform. >> yes. >> stephen: okay, and now you're writing a book about the battle with poverty and the future of that struggle in america. we've won the war on poverty, haven't we? >> no. >> stephen: i read this report. there aren't any poor people anymore. (laughter) why can't we just, you know, call the troops home and beat our plow shares back into swords? (audience reacts) >> i wish we could. you know, what about farm workers? california? >>> stephen: they have all the food they can eat, sir. okay, what's your next evidence? >> but do they have xboxs? >> stephen: no, because they're being hogged by all the rest of the poor! >> i see. >> stephen: now, the official classification for poor in the united states is a family of four with income under $22,000 a year. do you think that's poor? >> i think it's hard to live on that, actually. >> stephen: $22,000 a year. you could buy 110 xboxes. (laughter) >> yeah, well, you could... >> stephen: well, they seem to be spendi

of the joint chiefs of staff has died, retired john shalikashvili held the job during the clinton administration. he was born in poland and immigrated to the u.s. as a teenager. he suffered a stroke, a severe stroke in 2004. he was 75. >>> there wasn't much in the way of relief today from the heat that's been baking a large part of the nation for the past week. a heat advisory extended over 28 states, including new york, where the weather channel's eric fisher joins us now from jones beach. eric? >> reporter: good evening, lester. the hottest time of the year is certainly living up to its name this time around. today was another day of record setting heat, places like new york city, philadelphia, newark, new jersey, atlantic city and many others along the eastern seaboard. we're certainly not alone in our plight. take a look at the temperatures across the country, we're talking 103 degrees in tulsa, oklahoma. 105 degrees in raleigh, north carolina. you factor in the humidity, you get that heat index, what it actually feels like on our bodies, it felt like 109 degrees in st. louis. that is danger

not earners -- richest americans pay taxes that are half what they were paying during the clinton administration and they are earning 33 times more. is just an astonishing income gap we have. that is not to say -- we know what the drivers of the deficit are. it is not just that. it is the entitlement programs and defenseen third, and lastly is taxes. >> the political argument is ok, old folks and kids here, fat cats in corporate jets. >> it is demagoguery. >> so what? >> if you confiscated all the wealth of the top 1000, it would not make a de in the $14 trillion debt. the problem as larry lindsey. out, is not that somebody is not going to get a coupon onin august of this year, but that in 10 years we are not going to be able to pay anybody anything on our debt. is that 10 years which is now at stake. i will give y one example of the demagoguery on the part of the democrats'. what republicans would like is what was propoposed by lieberman and coburn, which is to index retirement age of medicare the way social security was in the greenspan commission in the early 1980's. as a result, social secur

folks at the very high end, simply going back to the rates that were in place during the clinton administration. that is sort of a conversation ender if you are not willing to talk about ending subsidies to oil and gas companies for the purpose of debt reduction, where do you go? >> chris: let me ask you about this and you can give whatever answer you want. you were reportedly congressman jordan one of key players who forced speaker boehner to walk away from talks about a grand bargain. i understand there is a legitimate issue with fuzzy numbers coming out of the white house. assumeing that you could solve that problem, you are unwilling to accept $3 in spending cuts for every $1 in revenue increase? >> a couple of things. think about the president's frame work. there is no specificity to his proposal. he is saying all of the spending that the democrats did in the last congress that we all voted against and that the american people didn't like as evidenced by last november's election, the president is now asking us, hey, republicans, vote for a debt ceiling increase even though you campaigned a

look, i was very proud, i was a member of the clinton administration.e clinton administration with 22 million net new jobs and a $5 trillion surplus. >> mr. reich, great to have you with us tonight. always look forward to your take. thanks so much. robert reich, former labor secretary here on "the ed show." speaker boehner's tough guy act isn't fooling anybody. his bogus two-step plan doesn't even have the support of house conservatives but as the debt ceiling clock ta man seems to b, and what does this all mean for the folks like you sitting at home? i'll talk to america's mayor. lancing, michigan. peer into the. peer into the. there's a nurse who can access in an instant every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now. somewhere in america, we've already answered some of the nation's toughest healthcare questions. and the over 60,000 people of siemens are ready to do it again. siemens. answers. ♪ i like your messy hair ♪ i like the clothes you wear ♪ i like the way you sing ♪ an

simply going back to the rates that were in place in the clinton administration.hat is a stumbling block. that is a conversation ender. if you are not willing to talk about ending subsidiaries for oil and gas companies for purpose of deficit reduction, where do you go? >> chris: let me ask about this. you can give whatever answer you want. you were reportedly one of the key players that forced speaker boehner to walk about talks about a grand bargain. i understand that there is a problem, a legitimate issue with fuzzy numbers coming out of the white house. but assuming that you could solve that problem, you're unwilling to accept $3 in spending cut for every $1 in revenue increase? >> a couple of things. think of the president's framework there is no specificity to the proposal. he is saying tall spending that the democrats did in the last congress, stimulus, obamacare, all the budget, the spending in the last congress that we voted against and the american people didn't like as evidenced by last november's election. the president is now asking hey, republicans, v

look, i was very proud, i was a member of the clinton administration.ded the clinton administration with 22 million net new jobs and a $5 trillion surplus. >> mr. reich, great to have you with us tonight. always look forward to your take. thanks so much. robert reich, former labor secretary, here on "the ed show." speaker boehner's tough guy act isn't fooling anybody. the debt clock is ticking. and what does this all mean for the folks like you sitting at home? i'll talk to america's mayor. i have astigmatism. so my old contact lenses would sometimes move out of place and blur my vision. my eye doctor said there's great news for people with astigmatism. acuvue® oasys for astigmatism. he said it's the only lens of its kind designed to realign naturally with every blink and created with hydraclear® plus. i'm seeing more clearly, crisply, comfortably, all day long. now life doesn't have to be a blur. [ male announcer ] learn more at acuvue.com. acuvue® oasys for astigmatism. >>> raising the debt ceiling does not allow congress to spend more money. it simpl

look, i was very proud, i was a member of the clinton administration.n administration with 22 million net new jobs and a $5 trillion surplus. >> mr. reich, great to have you with us tonight. always look forward to your take. thanks so much. robert reich, former labor secretary here onç "the ed sho" speaker boehner's tough guy act isn't fooling anybody. the debt clock is ticking. and what does this all mean for the folks like you sitting at home? i'll talk to america's mayor. finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not caused by a heart valve problem. today we have pradaxa to reduce the risk of a stroke caused by a clot. in a clinical trial, pradaxa 150 mg reduced stroke risk 35% more than warfarin. and with pradaxa, there's no need for those regular blood tests. pradaxa is progress. pradaxa can cause serious, sometimes fatal, bleeding. don't take pradaxa if you have abnormal bleeding, and seek immediate medical care for unexpected signs of bleeding, like unusual bruising. pradaxa

not earners -- richest americans pay taxes that are half what they were paying during the clinton administration and they are earning 33 times more. it is just an astonishing income gap we have. that is not to say -- we know what the drivers of the deficit are. it is not just that. it is the entitlement programs and defense third, and lastly is taxaxes. >> the political argument is ok, old folks and ks here, fat cats in corporatjets. >> it is demagoguery. >> so what? >> if you confiscated all the wealth of the top 1000, it would not make a dent in the $14 trillion debt. the problem as larry lindsey. out, is not that somebody is not going to get a coupon onin august of this year, but that in 10 years we are not going to be able to pay anybody anything on our debtbt. is that 10 years which is now at stake. i will give you one example of the demagoguery on the part of the democrats'. what republicans would like is what was propoposed by lieberman and coburn, which is to indndex retirement age of medicare the way social security was in the greenspan commission in the early 1980's. as a result, socia

earners -- wjthey richestearners -- americans pay taxes that are half what they were during the clinton administration and they are earning three times more. it is an astonishing income that we have. -- income gap we have. we know what the drivers of the deficit are, it is not just that. it is the entitlement programs and defense, third, and lastly, taxes. >> the political argument is old folks, kids over here, i corporate jets over here. -- fats cats in corporate jets over here. >> it is demagoguery. if you confiscated the wealth of the top 1000, it would not make a dent. the problem, as larry lindsey pointed out, is not that somebody is not going to get a coupon on the debt in august of this year, but that in 10 years, we're not going to be able to pay anybody anything on our debt. is that many years which is now at stake. i will give you -- he is that 10 years which is at stake. i will give you an example of the demagoguery of democrats. the proposal by a lieberman and coburn to index retirement and medicare at the way social security was in the greenspan commission of the early 1980's -- as a resu

a team that has not been relevant since the clinton administration is now atop the nl central.likes a winner, and the pirates are the talk of the town in pittsburgh. the only run of the game andrew mchitchin, a ground-out. pirates up 1-0. the difference from the past. pitching. james mcdonald, and three relievers combined for a six-hit shut-out. do not adjust your audio. the pirates are in first place and beat the reds 1-0. the rays lost the last two games, but the baseball gods made up for it last night. >>> sacks full. eddie botched it. yanks and rays tied 2-2. johnny damon to center. curtis granderson made a grab. sent the ball halfway to tallahassee. that's the go-ahead run. yanks with a comedy of errors in the sept. the rays won it 3-2. look at this. as and tigers. carlos, a shot down the line. martinez hustled from first. got the green light to go home. the throw to the plate in time. martinez slipped past the plate, faked out the catcher and was safe. great body control and it makes suzuki look like a fish out of water. tigers win it 8-3. over the last few weeks we've ha

they ae not earners -- pay taxes at a rate that is half what they were paying an during the clinton administration, and they are earning three times more. it is an astonishing income gap we have. that is not to say -- we know what the drivers of the deficit are. it is not just that. it is the entitlement programs and defense, third, and last week it is taxes. >> -- lastly it is taxes. >> political argument, old folks anover here, fat cats in corporate jets over here. >> it is demagoguery. if you confiscated all the wealth of the top 1000 it would not make a dent in the $14 trillion debt. the problem, as larry lindsey pointed out, is not that somebody is going to get a coupon on the debt in august of this year, but that in can be years, we're not going to be able to pay anybody anything -- on the anything in 10 years we -- will not be able to pay anybody anything on the debt. it is that 10 years at stake. i will give you one example of the demagoguery on the part of the democrats. what republicans want is what was proposed by lieberman and coburn, to index medicaid and medicare to what socials cred

they ae not earners -- pay taxes at a rate that is half what they were paying an during the clinton administration, and they are earning three times more. it is an astonishing income gap we have. that is not to say -- we know what the drivers of the deficit are. it is not just that. it is the entitlement programs and defense, third, and last week it is taxes. >> -- lastly it is taxes. >> political argument, old folks anover here, fat cats in corporate jets over here. >> it is demagoguery. if you confiscated all the wealth of the top 1000 it would not make a dent in the $14 trillion debt. the problem, as larry lindsey pointed out, is not that somebody is going to get a coupon on the debt in august of this year, but that in can be years, we're not going to be able to pay anybody anything -- on the anything in 10 years we -- will not be able to pay anybody anything on the debt. it is that 10 years at stake. i will give you one example of the demagoguery on the part of the democrats. what republicans want is what was proposed by lieberman and coburn, to index medicaid and medicare to what socials cred

there's a long history here and they really goes back to one nine hundred ninety six when the clinton administration sent two aircraft carrier battle groups into the taiwan straits at that time there was a lot of tension between taiwan and mainland china and the chinese had to back up they were deeply humiliated by the incident and that started a major shipbuilding program on the part of china so they are they are very sensitive to the idea that the united states can come into what they consider to be their church or water and actually have an effect on their domestic and their foreign policy so while i don't think this incident is going to go much further than this the fact that the tensions are there are very real they also come only heels of. secretary clinton's recent trip to india and to southeast asia where she encouraged a lot of the countries that are currently in conflict with china over the south china sea and of course the tensions between india and try it on their border encourage them to kind of united against china so the chinese are reacting to that as well there there's a lot of tens

universities she signed on at ibm, then did a stint on the white house economic council during the clinton administrationg her leg hasn't been bonnie's only challenge. there was a tragic childhood experience that she tried to forget. >> actually, i was sexually abused from the age of 2 to the able of 7 by my stepfather and in my own home. and it was very difficult to deal with emotionally you that's probably one of the hardest things i ever had to deal w i just blocked out the memories for years. >> this single mom's life experiences have inspired several of her books, including "how strong women pray." >> i want to share a story with you about what one of the hardest things i ever did and you can see i have done a lot of hard things. >> bonnie travels the world as a motivational speaker and makes a special effort to inspire kids like these from reach prep, a program that identifies and grooms black and latino scholars. >> bonnie st. john, i believe, represents for us determination, a woman who has obviously overcome enormous odds to be where she is, to accomplish what she has, and so we like to have peo

it's been a statutory cap in place since the clinton administration. a cap on critical habitat spending was added in 2002. the obama administration requested new caps for petitions and foreign species listed in 2012. in short, support for e.s.a. funding caps has been -- has had bipartisan support in congress and in the white house and was in place when the gentleman from washington wrote the interior bill and when the gentleman from virginia wrote the interior bill. those spending caps were in place. this amendment proposes to do away with funding caps altogether. and gives the green light to those that have made a living suing fish and wildlife service. as a result the litigants will act, the courts will act and the fish and wildlife services' entire operating budget will be at risk of being raided in order to fund court-ordered mandates to list species and designate critical habitat. the service will have no choice but to raid other funds from its resource management accounts which is already $146 million or 12% decreased in this budget. having said

one which means most likely those savings are imagined now the numbers are what a former clinton administration budget leader gordon adams writes are what budget people call a plug something they know will be there but they don't really know what it is so they plug in a number and he writes that therefore these savings are missed the logical they're not real so they enforce no discipline on the defense department and there are a fraud on the public who will think a budget deal has cut the defense budget when it has done no such thing and just a note paul ryan's budget that had support of most house republicans also included this savings in its production calculation for the deficit to now on top of this these imaginary numbers for defense savings let's look at the big picture you have the fact that the us faces more than fourteen trillion dollars in debt and mounting and that's not including sixty one point six trillion dollars in unfunded liabilities from entitlements that figure from usa today other figures put the us on line for ninety to two hundred trillion dollars and after months of debt

keeping our selves in check and so i think something else to be done but we had a go during the clinton administration we should ban of that four trillion dollars and so i think that if the republicans aren't trying to crash the economy they're certainly pushing policies that will gradually already crashing tom well it's already crashing the rove. just came out and i should be paying more taxes that he should pay more taxes he thought he also did but you still supported the crucial part that it would have begun and those are the very good the debate that was happening in the gang of six or whatever it was the had reached the point where eighty five percent of what was going to be given up was spending cuts and fifteen percent was tax increases and when the democrats try to move it to seventy percent that's when eric cantor walked out of the room we've got a couple of graphs this is the effects of cuts we have to say we have two sets of states twenty four states have cut spending twenty five states an increase spending for states cut taxes twenty five states and increase taxes we see what happens is th

in the clinton administration, we reformed welfare and balanced the budget. in a bipartisan way with a divided government. we do have an opportunity right now, but there's simply in my opinion a lack of leadership at the top. a president can't come out and show anger towards the people he's negotiating with and hopes to get something accomplished. >> bob, i would agree there's a lot of dysfunction. something remarkable happened this week-- tuesday morning we had half the senate in. we laid out our plan. as opposed to people saying no we want to punt some more, they said sign me up. >> schieffer: we'll see what happens today. i'll be back in a moment with some final thoughts. al thoughts. this...is the network. a living, breathing intelligence that's helping drive the future of business. in here, inventory can be taught to learn. ♪ machines have a voice. ♪ medical history follows you. it's the at&t network -- a network of possibilities... committed to delivering the most advanced mobile broadband experience to help move business... forward. ♪ to help move busi

but you have been here in later days of the clinton administration, and added to the debt. 6.1 trillionthe bush administration. and then a democratic congress came. and the obama administration, now you have divided g., 2.4 trillion added. yes, you did that. that was 11 years ago. are you part of the problem since? >> i will answer. i don't believe so. i think the democrats have offered and the president has offered -- i keep hearing the republicans saying, where is your plan? the president put a plan on the table with speaker baoehner and said, i'm willing to do 4.7 trillion 234 reductions and i'm willing to put medicare, social security and medicaid on the table. now, many people on our side didn't like that. but we swallowed and said, okay, you have to compromise. john, show me their compromise. there is no compromise on their side. no president could have negotiated with people who say we are not going to negotiate. it is our way. and i will just finish the thought. right now, we just spent a day where speaker boehner is negotiates with republicans. is a civil war in the republican

point out as i did last week with senator brown, raising taxes did not kill jobs during the clinton administration. bill clinton raised taxes. the economy created 23 million new jobs. an eight-year post war record. then george w. bush, he cut taxes, skree yated 3 million jobs. so those are real numbers. they come to us from the census bureau. >> that's an interpretation that i think is faulty because yeah, he raised taxes, but it was also the first republican congress in over 40 years and they actually forced a balanced budget on the president. and to his credit, he went along with it. now remember, he vetoed the welfare bill. had a lot to do with passing that bill. he vetoed it twice and then he finally agreed and passed it. and of course, that was a great incentive to the economy as well. people realize we're not just going to keep throwing money down the drain. it wasn't because he raised taxes that the economy took off. and in the case of -- >> he also did inherit a pretty tough economy himself. >> he did. there's no question about that. and so did, you know -- so did president obama, he says.

the end of the clinton administration, america spent half of that the bush and obama doubled our spending should apologize instead of asking for more debt. $3.8 trillion will get worse if my baby boom generation retires because politicians have promised to pay health care and social security and we're living longer. it's unsustainable. the only hope is not to borrow more but to cut spending and grow our way out of debt. we can do that because the government does all sorts of things it doesn't need to do. i can balance the budget. i will. i do it right now. you need the right tools. we should get rid of all earmarks. privatize air traffic control. canada did that. we should sell amtrak. government can't run trains efficiently. we should end subsidies for public broadcasting and federal flood insurance and open anwr to drilling. and so far i've saved a lot but we need to do more. eliminate whole departments, starting with the education department. they haven't improved education. children gain nothing when your known is shifted to washington and shifted back with strings attached. kill the

as you said, 22 million new jobs during the clinton administration after president bush reduced taxes on the wealthy we had only 8 million jobs in his eight years of his administration. the median wage, the wage of the typical worker continued to decline. for the first time in history we've seen a recovery when that occurs. reducing taxes on the wealthy doesn't trickle down. we've tried trickle down economics for years, brooke, and it will not work. >> what will work quickly? >> aside from the ideas i put forward just about three minutes ago. >> wpa, et cetera. >> many things can be done. infrastructure bank that would enable united states to borrow from international markets without affecting the budget but nevertheless finance a lot of the roads and deferred maintenance that needs to be done on our bridges, ports, levees and put a lot of people to work as well. there are five. i've given you five things that can and should be done. unfortunately nothing is being done. we're just locked in this absurd contest over raising the debt limit. >> robert reich, i appreciate it. he says if w