phil gramm, texas and warren rudman, new hampshire. but all three, smart, capable, politically adept and they pulled this together in cooperation with the republican president. i would submit to this table, i don't see those figures in the congress in this current situation. people of stature, political ability, policy expertise. >> i do think that's one element that is missing in this current clash. in the 1990's, you had bob dole step up during the government shutdowns and say, it's time for the grown-ups to take over. gwen: once again, you had a different membership. >> that's the point. gwen: there was no tea party movement. the question is whether those skills are relevant anymore. you still do have people -- mitch mcconnell knows how to cut a deal. gwen: john boehner used to know how to cut a deal. >> in the tea party culture, first of all, the tea party effect, they have completely changed the conversation in washington where it's top to bottom focused on spending cuts. >> huge success with that. >> and secondly, they've created

who should not look for government alliance or government programs, and he is going to be in what phil gramm called that wagon, a little red wagon of people who cannot take care of themselves by disability, perhaps physical or intellectual disabilities, he is going to be in there with senior citizens, should be, people who cannot take care of themselves because they are poor. instead, everybody is going to be loaded in there. the gentleman asked about how i can think about the war. there are many things that may not be fair, but there is the law. and we all try to work together and we should try to work together. there are a lot of things i do not like, either. one thing i do not like is people who demagogue or say things that are not true. we are not jerry rigging, chris, the constitution. this is a constitutional process. i have read the words. >> mr. sessions, would you like for me to tell you where they are? section two. my colleague reference people like harry reid and steny hoyer supporting a balanced budget amendment. this is not in the traditional balanced budget amendments that we h

phil gramm, economist on your side. said we would deficit -- devastate the economy. he was dead, flat, wrong. 180 degrees wrong. we had the best economy in your lifetime. now furthermore, and let me instruct the gentleman, i don't know what you're reading from but your figures are wrong. over the last 20 months, we have gained two million jobs, two million jobs. now, did we lose a lot of jobs in the first six months? we did. now, there is no doubt in my mind for one second that if it had been a republican president and democratic administration, there is no president who wouldn't have blamed that on their predecessor because they couldn't turn it around. so when the stimulus took effect, we gained two million jobs. have we duaned enough? no. we lost eight million jobs under the bush administration. we've only filled 25% of the hole. i don't know what paper you're looking at, but check your figures. this past month was disappointing. but some people are doing pretty well in america. stock market closed at about 12.7 plus yesterday. one thing i think people are worried

phil gramm, economist on your side. said we would deficit -- devastate the economy. he was dead, flat, wrong. 180 degrees wrong. we had the best economy in your lifetime. now furthermore, and let me instruct the gentleman, i don't know what you're reading from but your figures are wrong. over the last 20 months, we have gained two million jobs, two million jobs. now, did we lose a lot of jobs in the first six months? we did. now, there is no doubt in my mind for one second that if it had been a republican president and democratic administration, there is no president who wouldn't have blamed that on their predecessor because they couldn't turn it around. so when the stimulus took effect, we gained two million jobs. have we duaned enough? no. we lost eight million jobs under the bush administration. we've only filled 25% of the hole. i don't know what paper you're looking at, but check your figures. this past month was disappointing. but some people are doing pretty well in america. stock market closed at about 12.7 plus yesterday. one thing i think people are worried

should not look for government alliance or government programs, and he is going to be and what phil gramm called that wagon, all little red wagon of people who cannot take care of themselves by disability, perhaps physical or intellectual disabilities, he is going to be in there with senior citizens, should be, people who cannot take care of themselves because they are poor. instead, everybody is going to be loaded in there. the gentleman asked about how i can think about the war. there are many things that may not be fair, but there is the law. and we all try to work together and we should try to work together. there are a lot of things i do not like, either. one thing i do not like is people who demagogue or say things that are not true. we are not jerry rigging, chris, the constitution. this is a constitutional process. i have read the words. >> mr. sessions, would you like for me to tell you where they are? section two. my colleague reference people like harry reid and steny hoyer supporting a balanced budget amendment. this is not in the traditional balanced budget amendments that we

phil gramm said this is going to raise the deficit and kill jobs.n kasich said that if this is not going to work, if this work i have to become a democrat. [laughter] which is why we now have a democratic governor in ohio, did you know that? [laughter] it worked and i will tell you why. just going on his own logic because we have the longest period uninterrupted expansion in the economy that we have ever had in our history when we increased the marginal rate on the people at the top, so it worked, and not only that but it turned a record deficit into a record surplus which he took from one bush a record deficit and turned over to the next record surplus. after george bush became president, after he became president, five days after george w. bush, not -- five days after president bush became president, alan greenspan testified to the senate budget committee and said we are in danger of paying off our national debt to fast. on a projected, we have a projected 5 trillion-dollar surplus going in over the next ten years, and we very well may pay off the

phil gramm said this will raise the deficit and kill jobs.n k. 6 said that if -- john casick said that if this works, i'll have to become a democrat. that is why we now have a democratic governor in ohio. did you know that? [laughter] i'm just going by his logic, because we have had -- because we had the longest period of economic expansion that we have ever had in our country, when we increase the marginal rate on the people on the top. so, it worked. not only that, it turned a record deficit into a record surplus. he took it from one bush -- a record deficit -- and turned over to the next bush a record surplus. after george bush became president, five days after george debbie a bush became -- george w. bush became president, alan greenspan testified to the senate budget committee and said we are in danger of paying off our national debt too fast. we are on a projected -- we have a projected $five trillion surplus going in over the next 10 years, and we very well may pay off the debt too fast. the federal government is in danger of having to

phil gramm, economist on your side. said we would deficit -- devastate the economy. he was dead, flat, wrong. 180 degrees wrong. we had the best economy in your lifetime. now furthermore, and let me instruct the gentleman, i don't know what u're reading from but your figures are wrong. over the last 20 months, we have gained two million jobs, two million jobs. now, did we lose a lot of jobs in the first six months? we did. now, there is no doubt in my mind for one second that if it had been a republican president and democratic administration, there is no president who wouldn't have blamed that on their predecessor because they couldn't turn it around. so when the stimulus took effect, we gained two million jobs. have we duaned enough? no. we lost eight million jobs under the bush administration. we've only filled 25% of the hole. i don't know what paper you're looking at, but check your figures. this past month was disappointing. but some people are doing pretty well in america. stock market closed at about 12.7 plus yesterday. one thing i think people are worried a

senator phil gramm of texas said the clinton plan is a one-way ticket to recession. this plan does not reduce the deficit, but it raises taxes and puts people out of work, unquote. representative john kasich, then ranking member of the house budget committee, said -- quote -- "this plan will not work. if it was to work, i would have to become a democrat." unquote. well, it worked. not only did we have an unprecedented, uninterrupted expansion of our economy for eight years, creating more than 22 million net new jobs, but we balanced the budget, and bill clinton handed george w. bush a record surplus, surplus. i call that working. now president clinton and especially the democrats in congress paid a political price for the 1993 deficit reduction package. the democrats went down to defeat in 1994, losing the house of representatives for the first time in 40 years. you could say that democrats took a shellacking. nevertheless, between 1993-2001, the nation created an unprecedented number of jobs benefiting every quartile of our economy, decreasing the number of american

and phil gramm talked on taxes and said, don't penalize america with a tax every time that congress fails to do its job, which is to balance the budget. to spend reasonably. failure on congress's part doesn't warrant taxing americans. so where do we go from here? republicans are ready to work, but we need democrats to work with us. we need the president to take a realistic look at the situation and realize that tax increases are not the answer because the votes aren't there to pass a tax increase. we need to come up with a solution to the budget crisis we face, and we need to do it now. if we're serious about fixing the problem, and i believe many of us are, we have to come to the table willing to work. we have to stop pointing fingers, twoaf stop playing political games, we have to stop demagoguing ideas that are proposed. we need the president to step up to the plate and explain to the american people the problem we face if we don't get our debt and deficit under control and then to give the solutions, not just tax raises. the president is the only person in the nation who has the bully