joining us is new york democratic senator eliot engel.nks for being here. >> good to here. >> greta: i'm curious, you're saying the tea party is a party of no. >> well, the republican party particularly last year is the party of no. this year the tea party should declare victory and go home. we just passed a bill today which was totaling about cutting spending. there were no revenue raises in there, part of the reason i had difficulty with it, because i think that tax loopholes for big corporations and big oil and gas ought to be closed. i think billionaires should pay more, and we need to cut spending. >> greta: so you were a no? >> i was a no. i think we need to do all those three things. clearly we need to have a balanced budget, and clearly we haven't been proper about it. again, i don't think you can do cuts on the spending side. you've got to raise some revenues. there's nothing wrong with corporations paying their fair share, with big oil and big gas foregoing those subsidies, and with billionaires paying more. >> greta: did the pr

joining us is new york democratic senator eliot engel.here. >> good to here. >> greta: i'm curious, you're saying the tea party is a party of no. >> well, the republican party particularly last year is the party of no. this year the tea party should declare victory and go home. we just passed a bill today which was totaling about cutting spending. there were no revenue raises in there, part of the reason i had difficulty with it, because i think that tax loopholes for big corporations and big oil and gas ought to be closed. i think billionaires should pay more, and we need to cut spending. >> greta: so you were a no? >> i was a no. i think we need to do all those three things. clearly we need to have a balanced budget, and clearly we haven't been proper about it. again, i don't think you can do cuts on the spending side. you've got to raise some revenues. there's nothing wrong with corporations paying their fair share, with big oil and big gas foregoing those subsidies, and with billionaires paying more. >> greta: did the president let yo