this fellow is going to be chairman of the house budget committee. that's likes a miracle, okay? . use ways and means writes the tax laws and run for a long time by charley rangel in the news lately. the new chairman is congressman dave hamm of michigan, cut from the same cloth of paul ryan, gave a strong speech this week in favor of lowering taxes and broadening the base in charge of writing the laws and there's a centrist in washington including this commission and another one bipartisan policy center run by demeech chi and lower taxes and flattening the base, there is a consensus building for doing it. i don't think it's going to happen during the obama administration, but i would definitely point it towards 2012. >> paul: that's the issues, one of the lessons of the 1980's, mary, to do something like this and it did get done in 1986 with a democratic congress and a republican president, ronald reagan, but the lesson is it has to be bipartisan in some respect. >> yeah, i think that dan's point how the environment is really ready, obama may be much of a class wearer as paul ryan s

when the 112th congress convenes he will take over as chair of the house budget committee. what his one or two top priorities would be? >> pro growth tax policy, pro growth economic policy and entitlement reform and budget reforms, spending caps to get this budget process biased toward cutting spending. >> paul: structural reform. >> exactly. structural reforms the budget act which governs us now is biased in favor of taxing, spending and borrowing. we got to start moving on entitlement reform. we to tart talking about that. you cannot address this issue -- if you do not address entitlements growing out of control. if you address them sooner, you can grandfather the grandparents otherwise it is bitter european-like austerity if we keep kicking this can down the road. >> paul: the 2001 and 2003 lower tax rates set to expire the end of december. the president is hinting the white house is suggesting they might accept a permanent extension of all of the lower rates on all income levels. maybe one year or two. is that adequate for you? >> we don't want to see these decoupled. t

not so pessimistic the oh paul ryan is a very good congressman who is now the head of the house budget committee he certainly has some very good and straightforward ways of fixing things that this democratic administration hasn't considered and i don't you know but basically he's not for eliminating our what we call our welfare state i think our welfare state is pretty significant even compared to the german intervention and of course it might be organize some of it might be more of it might be called private versus public but that's basically a matter of language the real difference i think in in europe is that the growth of this stuff in the future is getting under control that i think there's a lot more that has to be done but in the u.s. we're not as you said we're not facing up to this reality that we're expropriating our kids and that we're and we're getting higher and higher benefits for older people and as a result the country is consuming a lot more because the consumption of the elderly is just going up dramatically the national saving rate last year for the country was negative two pe

. >> reporter: wisconsin republican paul ryan will head the house budget committee in the next congress> after the retirement age reaches 67, what i would propose is to have the retirement age pegged to longevity. >> reporter: the increases would be phased in over decades. >> so for my generation the retirement age will be 67, for my kids 68, 69 down. they wouldn't reach 70 until the year 2103. >> reporter: nearly a century from now. the workers who'd have to worry about that have not even been born yet. a government study did raise a red flag last week, warning that raising the retirement age would hurt poorer workers the most and increase disability claims by those elderly unable to work. katie? >> couric: anthony, what about people who have very physical jobs and they have to retire earlier? >> reporter: most of these proposals would create a special category for them. the deficit commissions, for example, would create what they call a hardship exemption for those who are unable to work beyond 62. >> couric: and raising the retirement age alone is not going to solve all the problems

>> or for anything for the new chairman of the house budget committee but if you are going to get serious about the deficit how do you thing they will do this? >>neil: you are right. focus on what you do find agreements. >> on tax revenue, yes, they will take away a lot of the tax deductions. but, they said the mortgage deduction, but if the mortgage deduction is above $500,000, would that be such a terrible thing? is that so devastate to the home industry if you could not get a deduction on a mortgage over half a million? and the flip side, if you get your tax rates decreased, and paid arrest the lowest, then 23 percent at the highest, that sounds good to me. >>neil: easy for you for someone that does not have a mortgage but i understand where you coming from. great job. thank you very much. remember you can catch chris on fox news on sunday, including axelrod and senator demint and many more on sunday with chris. they demanded the cuts so why are they so quiet when we see the cuts? we have the loyal opposition. many folks you propelled into office are ... not saying anything. what do yo

is true, you might have one of the worst jobs in washington as the ranking democrat on the house budget committee going to be done. let's talk now about the bush tax cuts. will it be picked up in the lame duck session? you said previously on "meet the press" the idea that tax cuts for the rich create jobs as, quote, nonsense. now lately you've showed a little willingness to, perhaps, compromise. how does this shake out? >> i think it's clear the tax cuts for the folks at the very top have not created jobs. after all we've had them in place now for more than eight years. we know what jobs situation is. the notion that you've got to continue them in order to boost the economy when those are in place right now and we have a lot of people unemployed, is a clear indication they are not a big job creator. >> will you vote, congressman for a temporary extension of tax cuts for the wealthy, an idea you previously called nonsense. >> what i declared nonsense was the notion providing tax breaks for those at the top was necessary to keep the economy going. i also think it's important for the economy we prov

the chairman of the house budget committee, left the house voluntarily.rgetic and interesting figure here. >> lehrer: he was on the cable television networks for fox. but he went worked for ms-nbc before that. >> he worked forlyman brothers as a partner. whatever. he trumpeted this as a private sector. lyman brothers goes belly up and john kasich has been running away from it ever since. it was comparable to the fellow who was working for the b.p. and said let's just run a service station. he said i was running a two-man office in columbus. that's all i was doing. ted strickland the governor that lost 400,000 jobs since his governorship through no fault of his. he's sort of the steady dependable respected one of the... former methodist minister and former prison psychologist its the flashy first date kasich against the steady. he's cut into it. it's thelyman brothers connection that struck len has emphasized. wall street has brought him back. >> lehrer: do you see it that way? >> i think there is a formula emerging for democrats who are surviving. strickl

paul ryan is set to take over the house budget committee, handling spending and entitlements and he joins us from his home state of wisconsin. congressman darrell issa is expected to head the committee on oversight and government reform, which means he will be issuing subpoenas to administration officials. congressmen, welcome back to "fox news sunday." >> thank you for having me back and thanks for -- >> thanks for having me. >> -- covers election night in a fair and balanced way. >> chris: always. let's start with a brief overview. congressman issa, i'll start with you. what do you see with your role on the oversight committee dealing with the obama administration? >> the most important thing my committee can do is seek the truth. we're the investigation committee, we're the accountability committee. paul can't be effective if the underlying facts and assumptions is not mutually agreed. it's one of the problems we have in the previous two years. we couldn't agree what the facts were, the conclusions were different and each side blamed the other. that has to end. >> chris: i'll get to sp

budget. if you control the house, then you control the house budget committee. and paul ryan will throw down a budget around april 1, which wilson be the official budget on february 1. it seems to me there will be a huge amount of pressure on republicans both ways. you cannot just put it on the president after the campaigning about how obama is spending us into destitution. on the other hand, when you start doing the numbers, it is hard to bring the numbers down too fast on the debt. all the spending cuts when you get into big numbers are politically risky. the tea party guys did not think that they got elected to raise the debt ceiling. i'm curious to see how the debt ceiling raised -- plays out and/or the republican budget. >> the tea party caucus, they could be great numbers because you are to get 52 existing members and many more are coming. they could say, we are not voting for raising the debt ceiling. we will have to stop spending. it could require the democrats to raise the debt ceiling and the republicans to say no and the democrats could very well say

he's expected to be named chairman of the house budget committee in the 112th congress. this puts him in a position to act on the conservative economic principles he has been advocating and writing about for years. he's also a member of president obama's bipartisan deficit reduction commission, the co-chairs of that commission, alan simpson ander skin bowls have laid out a series of proposals to cut the deficit in advance of its final report next month. i'm pleased to have paul ryan back at this table. first, congratulations. >> thank you very much, good to be back with you, charlie. >> rose: tell me why you think the results of this election were as day are? what was in the postmortem analysis that produced the results we see? >> it wasn't a value diction of republicans and we shouldment disguise that. what i see was a repudiation of the direction the president and his party took the country. i just look at wisconsin. wisconsin went for barack obama by 13 points in 2008. wisconsin in the state legislature was deeply controlled by democrats, five of the eight congression

budget. if you control the house, then you control the house budget committee. and paul ryan will throw down a budget around april 1, which wilson be the official budget on february 1. it seems to me there will be a huge amount of pressure on republicans both ways. you cannot just put it on the president after the campaigning about how obama is spending us into destitution. on the other hand, when you start doing the numbers, it is hard to bring the numbers down too fast on the debt. all the spending cuts when you get into big numbers are politically risky. the tea party guys did not think that they got elected to raise the debt ceiling. i'm curious to see how the debt ceiling raised -- plays out and/or the republican budget. >> the tea party caucus, they could be great numbers because you are to get 52 existing members and many more are coming. they could say, we are not voting for raising the debt ceiling. we will have to stop spending. it could require the democrats to raise the debt ceiling and the republicans to say no and the democrats could very well say

about the dynamics of the next six to nine months, a player in this is the chairman of the house budget committeeit is the one document that could >> not just vision bedetails of the size of score of the government. the republicans tripped up in 1995. they had to reduce medicare. that's what began to derail the republican revolution in 1995. i'm curious if you can balance the tea party and in this own party, can you sell the budget to the public as a port of reasonable alternative to obama? >> well, '95 was a defeat for newt gingrich and the house of republicans. they held more or less spending for a year. that plays a large part in sends the budget towards being balanced two years later. they lost some public support and the budget slow down in shuts down government. let's remember, they didn't lose 60 house seats in the next election. they held control of the house. so, you know, that was not a total disaster. they did not win the presidency. they did hold the house and held it for another ten years. so looking ahead, i think the republicans are a lucky now to have paul ryan in there. he's on t

he sits on the house transportation infrastructure committee, the house science committee, house budget committee. he's on lots of committees. he just published a book entitled character politics and responsibility, restarting the heart of the public. before he came on to take these duties as his constituency represented in washington he chaired the department of psychology at pacific lutheran university and was a practicing clinical near a psychologist and let me tell you the other side of brian baird. brian is -- he is leaving congress. he is here, he's definitely happier than anybody else i've seen in congress, and it's an honor to have him with us. he's become a free close friend of the new america's foundation and mine worked on it from everything from big questions on what's going on in the economy to help this country needs to rethink or think about its foreign policy portfolio and national security questions and he is a brave person. he's gone to areas of the world that we would say are on the edge. he's one of the first people into gaza after the gaza crisis with a number of ot

budget. if you control the house, then you control the house budget committee. and paul ryan will throw down a budget around april 1, which wilson be the official budget on february 1. it seems to me there will be a huge amount of pressure on republicans both ways. you cannot just put it on the president after the campaigning about how obama is spending us into destitution. on the other hand, when you start doing the numbers, it is hard to bring the numbers down too fast on the debt. all the spending cuts when you get into big numbers are politically risky. the tea party guys did not think that they got elected to raise the debt ceiling. i'm curious to see how the debt ceiling raised -- plays out and/or the republican budget. >> the tea party caucus, they could be great numbers because you are to get 52 existing members and many more are coming. they could say, we are not voting for raising the debt ceiling. we will have to stop spending. it could require the democrats to raise the debt ceiling and the republicans to say no and the democrats could very well say

. >> the district that was mentioned there -- john spratt, the chairman of the house budget committee -- this is a huge race. it is going to be very telling in terms of how large this wave is going to be tonight. the hill did some battleground pulling over the course of the past month or so in the 42 competitive districts. congressman spratt was one of the long-time democratic incumbents that we found was in some trouble ahead of election day. it is telling for a couple reasons. one, because if republicans are able to knock off some of these long term democratic incumbents like john spratt, jim marshall, ike skelton, chair of the house armed services committee -- and other republican target -- this is going to portend a very big night for republicans and something that could potentially be a lot larger than the 40, 45 seats that they would need to take control. >> early results from indiana and kentucky. in the second district, joe donnelly was seeking another term. the republican candidate, walorski. this could indicate a trend in the early numbers. she has 57% of the vote, compared

most of all, the person who understands it the best is paul ryan who will be chairman of the house budget committee and he'll write the republican budget. host: on this issue of spending and tackling the deficit, the president deficit commission comes out with their report in december. should republicans, like you said, paul ryan, compromise on tackling this deficit and look at the idea of increasing taxes in order -- and combined with cutting spending in order to get at the deficit problem? guest: well, i don't know exactly what paul ryan's going to do with tom coburn, also a big spending cutter, who is also on that committee -- that commission. i think it would depend on the ratio. spending cuts to tax increases. if it's 1-1 i think the republicans will vote against it. if it's 3-1 spending cuts to tax increases i think they might go for it. this is a recommendation. remember, this is just a recommendation of a commission. it's not actually something that congress has to adopt or will adopt. host: first phone call here for fred barnes. lithia springs, georgia. caller: it's l-i-t-h-i-a, like lithi

your the house budget committee chairman, is it fair to say that you are part of the establishment? and he said, no, you want me appear because of a good influence and in a good position to bring things home for the fifth congressional district. it is an argument that resonates. i was asking the opponent to john spratt down there and his comment was, if he is so great for our district, the unemployment is higher than the national rate. ever county in the fifth in district has a higher unemployment rate than the state average. it is a good argent, but it shows that every issue in this election is jobs and the economy, jobs and the economy. host: you mentioned the money earlier, but tell us what you think will make the difference for either candidate in this two-day. -- two-day time frame? guest: our democrats going to turner for harry reid? from what i have seen, he is ahead in the early voting, but polling shows that he is down in the of what they predict will turn out tomorrow. harry reid is a fighter. he came out as soon as sharon angle won the nomination and hit her from day one.

ranking member of the house budget committee, congressman paul ryan.> do you require now, paul, that we call you what? chairman-elect? is that it? >> mr. chairman? >> why don't we stick with paul. >> all right. let's practice something. practice like banging the gaffe. i want to hear your best. you are out of order, sir. you are out of order. >> i'm practicing in the mirror now. we'll get to that. >> congratulations, first of all. i'm excited you are the budget chair. >> it is something. i'm like the dog that caught the car. >> he's a young guy. >> i knew him when he was a little kid. paul, let me ask you this question. first of all, we have been rough before to mitch mcconnell, i have. let's tip our hat to him. >> absolutely. >> he's gotten the message. >> the religion is here. we are not doing earmarks in the house or senate. that's a good improvement. these guys are serious about it. they get the deal. they get the message. tom coleburn said we have to take on the deficit problems without doing earmarks. come on, they are important. they are small,

your the house budget committee chairman, is it fair to say that you are part of the establishment? and he said, no, you want me appear because of a good influence and in a good position to bring things home for the fifth congressional district. it is an argument that resonates. i was asking the opponent to john spratt down there and his comment was, if he is so great for our district, the unemployment is higher than the national rate. every county in the fifth in district has a higher unemployment rate than the state average. it is a good argument, but it shows that every issue in this election is jobs and the economy, jobs and the economy. host: you mentioned the money earlier, but tell us what you think will make the difference for either candidate in this two-day. -- two-day time frame? guest: our democrats going to turner for harry reid? from what i have seen, he is ahead in the early voting, but polling shows that he is down in the of what they predict will turn out tomorrow. harry reid is a fighter. he came out as soon as sharon angle won the nomination and hit her from day o

ryan is a ranking member on the house budget committee and will become chair this january. congressman kevin mccarthy was elected to serve california in 2006. "newsweek magazine" called him one of the gop's most persuasive and compelling numbers. another magazine named him the rookie of the year. by 2009, he was named chief deputy whip. congressman mccarthy is slated to become the next majority whip in the 112tht congress. [applause] during the 2007-2008 election cycle, these congressman founded a member driven organization of house republicans dedicated to identifying, recruiting, and mobilizing a new generation of conservative leaders. young guns was about finding candidates that would solve problems using conservative beliefs. pete sessions, the chairman of the nrcc, adopted it as a recruitment and training program for house republicans. the results to date have been very successful. in the 2008 election cycle, four young guns defeated incumbent democrats. dozens were elected to the house of representatives as republicans took back the house for the first time since 2006

most of all, the person who understands it the best is paul ryan who will be chairman of the house budget committee and he'll write the republica budget. host: on this issue of spending and tackling the deficit, the president deficit commission comes out with their report in december. should republicans, like you said, paul ryan, compromise on tackling this deficit and look at the idea of increasing taxes in order -- and combined with cutting spending in order to get at the deficit problem? guest: well, i don't know exactly what paul ryan's going to do wit tom coburn, also a big spending cutter, who is also on that committee -- that commission. i think it would depend on the ratio. spending cuts to t increases. if it's 1-1 i think the republicans will vote against it. if it's 3-1 spending cuts to tax increases i think they might go for it. this is a recommendation. remember, this is just a recommendation of a commission. it's not actually something that congress has to adopt or will adopt. host: first phone call here for fred barnes. lithia springs, georgia. caller: it's l-i-t-h-i-a, like lithium s

in addition, he is the ranking member of the house budget committee and will become chairman this january congressman kevin mccarthy -- he has beedescribed as one of the most persuasive and compelling members. "roll call" clinton the rookie of the year. he was named chief deputy whips congressman mccarthy is slated to become the next majority whip. [applause] these three congressmen and founded the young guns program. house republican to dedicated to identifying, recruiting, and mobilizing a new generation of conservative leaders. young guns was about finding candidates that will solve problems. pete sessions adopted the program as a candidate recruitment and training program for house republicans. the results to date have been successful. four young guns defeated incumbent democrats. dozens of young glen candidates were elected to the house of republicans as republicans took but house for the first time since 2006. these three congressmen have co- authored a book which was featured on "the new york times" best seller list. and now, is my pleasure to welcome congressman eric cantor, and k

he sits on the transportation infrastructure committee, house committee, budget committee. he just published a book entitled character politics and responsibility. before he came on to take these duties on, he chaired the department of psychology at lutheran university and was a practicing neuropsychologist. i'll tell you the other side of brian baird. brian has become -- he's leaving congress. he's here, definitely happier than anyone else i've seen in congress, and it's an honor to have him with us. he's a close friend of the new america foundation and mine, and works with us everything from big questions on what's going on in the economy to how this country needs to rethink or think about foreign policy portfolio and national security questions, and he is a brave person. he's gone to areas of the world that, that we were just say were on the edge. he was the first person in gas gaza after that crisis in israel, and he's challenged and tried to bring intellectual challenge to some of the important debates that congress has had. he played a vital role in the health care de

. >> chairman of the budget committee in the house? >> yeah. agree with his structure. i happen to agree with most of it. >> draconian cuts in medicare? >> yeah. we'll have to vote anp or down budget each time. all of thse budgets are going to come up, are going to be compromised. you can't do it piecemeal. very fascinating question is, how, i ask my colleagues across the table here, how does the congress de with that sort of thing? committee chairmen and committee s that have jurisdiction for all various aspects of the budget are going tonsist upon -- >> let me getethany on the tax cut issue, whether this will move forward or only on a temporary basis. >> i have to say, i hope it does. if you lo at economic history, the bush tax cuts didn't put our economy on a sound footing. since neither one has worked, let's try some of both. my b fear is that we don't have as much time as washington seems to think we have. i say that because the smart money on wall street has been talking about a sovereign debt crisis for a couple of years now, even before

. >> chairman of the budget committee in the house? >> yeah. agree with his structure. i happen to agree with most of it. >> draconian cuts in medicare? >> yeah. we'll have to vote an up or down budget each time. all of these budgets are going to come up, are going to be compromised. you can't do it piecemeal. very fascinating question is, how, i ask my colleagues across the table here, how does the congress deal with that sort of thing? committee chairmen and committee s that have jurisdiction for all various aspects of the budget are going to insist upon -- >> let me get bethany on the tax cut issue, whether this will move forward or only on a temporary basis. >> i have to say, i hope it does. if you look at economic history, the bush tax cuts didn't put our economy on a sound footing. since neither one has worked, let's try some of both. my big fear is that we don't have as much time as washington seems to think we have. i say that because the smart money on wall street has been talking about a sovereign debt crisis for a couple of years now,

who are now going to be the chairman of the various committees, some of them have had white house contacts. i think paul ryan will be head of the budget committee, but a lot of people have had no contact. a lot of the senior republicans have had no contact with the white house and now they are beginning to have contacts. they say when clinton was in office i knew who my relevant agency head was. and i don't know the people in my administration. i heard a lot of people say clinton and the first president bush were really good at congressional relationships and the last two presidents have to the been as good. >> but it wasn't just this meeting that they declined to attend. you had john kyl in the senate saying just flat out we're not going to be able to deal with this new start treaty, the russians and we heard margaret referring to that, the president over in portugal. >> in my judge. that really is indefensible with john kyl but john kyl is a republican. john mccain is hiding behind john kyl who has always been a supporter of the start treaty in the past. and they've brought up, this is a treaty that is supported by henry kissinger,