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Republicans Struggle To Say How They Would Pay For Tax Cuts (VIDEO)


First Posted: 10/17/10 01:24 PM ET Updated: 05/25/11 07:05 PM ET

On Sunday's morning public affairs shows, both Republican Senate candidates Carly Fiorina in California and Ken Buck in Colorado struggled to give specifics about how they would reduce the deficit while also supporting expensive extensions of the Bush tax cuts. Although journalists ask Republicans this question almost without fail in debates and interviews, candidates and lawmakers still consistently stumble over it.

On "Fox News Sunday," host Chris Wallace told Fiorina that he hadn't "gotten many specifics" from her and said, "So now, as a non-career politician, as the anti-Barbara Boxer, you tell me specifically what are you going to do to cut the billions, the trillions, of dollars in entitlements?" Fiorina replied by blasting talk of a value-added tax, but Wallace interrupted her and again asked her whether she would cut entitlements. The result was a lengthy exchange in which Fiorina accused Wallace of asking her a "political question" and coming up with no answers other than cutting "waste" and saying "we ought to engage in a long conversation with the American people so they understand the choices":

FIORINA: See, Chris, I have to -- you know, Chris, I have to say, with all due respect, you're asking a typical political question. [...]


WALLACE: Ms. Fiorina, but that's where the money is. The money is in Medicare. The money is in Social Security. We've got the baby boomers coming. There is going to be a huge explosion of entitlement spending, and you call it a political question when I ask you to name one single entitlement expenditure you're willing to cut.

FIORINA: Chris, I believe that to deal with entitlement reform, which we must deal with, we ought to put every possible solution up on the table, except we should be very clear that we are not going to cut benefits to those nearing retirement or those in retirement.

But having said all of that, for years and years, career politicians, frankly, of both parties have said, Oh, no, the only way to cut spending is to deal with entitlements. It's the political third rail. And then they never get about the business of cutting out waste and inefficiency. They never get to the point of banning earmarks.

WALLACE: But we've been talking about waste, fraud and inefficiency --

FIORINA: Exactly. Exactly.

WALLACE: -- for 30 years. I covered Ronald Reagan in 1980 when he talked about it. There isn't that kind of money in waste, fraud, and inefficiency.

FIORINA: But you know what, Chris? The budget just keeps getting bigger and bigger and bigger. And every year as it gets bigger, particularly in the last two, there is more waste, fraud and inefficiency. And you're right, nobody ever gets around to it. It's why voters in California and, I believe, a lot of voters all across the country are tired of career politicians. [...]

WALLACE: I'm going to try -- I'm going to try one last time and if you don't want to answer it, Ms. Fiorina, you don't have to. [...] You're not willing to put forward a single benefit -- I'm not even talking about the people that are 60 or, let alone, 65 or 70. I'm talking about people under 55.

You're not willing to say there's a single benefit eligibility for Medicare, Medicaid or Social Security that you're willing to say, Yeah, I would cut that?

FIORINA: What I think we need to do to engage the American people in a conversation about entitlement reform is to have a bipartisan group of people who come together and put every solution on the table, every alternative on the table. And then we ought to engage in a long conversation with the American people so they understand the choices. Instead of rushing off into a closed room and having 100 senators figure it out for themselves, we need to engage people in the conversation. And I'm willing to consider any alternative. But we cannot continue to just jump over the fact that our government is bloated, wasteful, inefficient, in many cases inept and, frankly, in many cases as well corrupt. We have to deal with that.

On "Meet the Press," Buck said that he disagreed with Republican leaders who say that tax cuts don't have to be paid for. For example, on Oct. 3, Kentucky Republican Senate candidate Rand Paul said that he didn't see extending the Bush tax cuts as "a cost to government."

But when host David Gregory followed up and asked Buck to say how he would lower the deficit if extending the Bush tax cuts will cost $700 billion, Buck simply replied that the "bigger question" is how families will "pay for the money that they've got to send to the federal government."

Gregory continued to press him, and Buck said he would pay for them by "cutting spending" and "growing government" -- without any specifics. Democrat Michael Bennet, who supports extending all the Bush tax cuts for one year, replied, "This same thing that Ken is saying right now is what the Bush administration said when it created these tax cuts to begin with, and what we saw is the first period of economic growth in our country's history when middle-class income health."

"You grow government because as people have more money, they spend the money, and government grows," said Buck. "When we put people back to work, the government grows, we increase revenue, and we decrease unemployment benefits." Only when Bennet said that he's "not interested in growing government" did Buck realize his rhetorical error and say that he meant "growing the economy" -- not government.

WATCH:

This debate is playing out on the state level as well. In a recent interview with The New York Times, California Republican gubernatorial candidate Meg Whitman said that she won't need to raise taxes at all in order to close the state's deficit. "You can close a $19 billion budget deficit simply by cutting spending?" asked reporter John Harwood. "And growing the economy," replied Whitman.

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On Sunday's morning public affairs shows, both Republican Senate candidates Carly Fiorina in California and Ken Buck in Colorado struggled to give specifics about how they would reduce the deficit whi...
On Sunday's morning public affairs shows, both Republican Senate candidates Carly Fiorina in California and Ken Buck in Colorado struggled to give specifics about how they would reduce the deficit whi...
 
 
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01:44 PM on 11/08/2010
Millionaires do not pay social security taxes, 7.8 million millionaires earn 111.5 trillion dollars yearly that they don't pay FICA taxes on, One congressman from Oregon asked Pelosi to raise the cap of 106,800 or just iliminate the cap, she said that was off the table. Republicans saying raaise the retirment age to 70 or cut benifits, how many middle class will support that?, why are we always supporting the rich? maybe because all congressmen are rich
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queeraz
12:06 PM on 10/24/2010
It's time to COLLECT the taxes due in this country! Close the loopholes; stop allowing companies to hide profits in offshore accounts AND stop Corporate welfare. These are the reasons we are truly in debt (along with too large of a pentagon budget plus adding the costs of our invasion tactics based on "bad" intelligence in the White House 2001-2009). STOP trying to wipeout the middle class!!
02:38 PM on 10/23/2010
social programs, increase the dollar limit of FICA taxes, gradually increase the retirement age, and PROHIBIT ANY POLITICIAN, of any party, stripe, age, or form from putting his/her sticky fingers on the Social security surplus. Medicare certainly has billions of dollars of waste, fraud and abuse. the former health care company of candidate for Florida Governor Rick Scott was fined over one billion dollars for bilking Medicare.
01:52 PM on 11/08/2010
I just posted on this subject, you can,t raise the retirement age of the working man, most that work in labor are crippled up at 65 and you want to raise the retirment age? Make the rich pay their fair share as we do and those living in poverty could get a livable pension
05:20 PM on 10/21/2010
My problem with Republicans/Tea Party is the INSANE military adventurism. INSTEAD of the crazy spending on defense 10Xs 2nd place and 40Xs per capita AND more than 2nd place and all the rest of Planet Earth combined.
Cut the defense 80% cut 80% of the 900 military base areas and RECOGNIZE you can kill everyone on Earth many many times NO OTHER COUNTRY (sane) waists their resources like crazy Americans.
How many ways does one need to be crazy??
12:11 PM on 10/21/2010
The obvious problem is that Americans cannot compete with China and India due to massive wage discrepancies. There are two options 1) lower the wages of American workers to those of Chinese and Indian workers, or 2) impose tariffs on imported goods and services. Option number one is in effect right now. Tariffs will raise the cost of goods and services in the United States, but cheap goods and services are of no use to people without jobs. Free trade only works if there is a roughly equivalent standard of living between the two parties. If there is a third option, I'm sure that everyone would be very interested in what it is.
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msfaye
10:50 PM on 10/22/2010
and then china would call in their debt and everyone would be screwed. there would be no more walmart, dollar stores, ross, marshalls, and what other stores that sell cheap chinese made goods. people know this stuff is from china and think it's a great deal because they are told it's cheap labor so it cost less. how will you be able to pay a mortgage or rent or buy a decent car with even less or is it not for you but for them. this craziness has been going on for ever and the ties can be severed that easily.
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DHFabian
07:14 PM on 10/20/2010
Look up the federal budget to see the percentage spent on two things: our wars and annual tax cuts for the rich/corporations. On war, we're chasing a phantom without a nation. We could nuke the entire Mideast -- terrorists move on, and the millions outraged by the reckless actions of the US multiply with each military "intervention" by the US. We slaughtered how many innocent people in Iraq, now Afghanistan; meanwhile, bin Laden & Co. are probably lounging on a beach. This issue requires brains, not bombs.

We've had massive annual "tax relief" for corporations since 1980, each year on the theory that it would be used to create "good, family-supporting jobs." It didn't work. Years of massive corp tax relief left us with fewer -- NOT more -- jobs, at deteriorating wages/no benefits. For 30 years, our corporations have been using that money to move our jobs to foreign countries. Yes, we've been paying to have our own jobs shut down.

Bringing our wars to an end, and putting a real moratorium on corporate welfare, would enable us to pay off the deficit and balance the budget within the next few years, without putting the lives of our poor, elderly and disabled at risk. Do you care about the future enough to demand these changes?
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Cthulhu On Call
As soon as I'm done with my nap, you're all in tro
02:59 AM on 10/20/2010
Republicans are great at talking about problems without ever once getting into the actual details (or at least without it being completely crazy).

"What would you cut?"
"entitlements"
"Which ones?"
"Uhhhh...ppbbbbb Democrats are bankrupting the country!"

If the rich didn't pay anything at all in taxes, and the economy were falling apart, they wouldn't have anything at all that they could talk about. Tax cuts for the rich are their only solution for anything.
02:02 PM on 11/08/2010
I can assure you one thing they won't cut and that is to raise the FICA cap or illiminate it because most of thost dudes make a lot more than 106,800 yearly don't want to continue paying that 6.2%
FICA
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FilmCriticOne
12:46 AM on 12/11/2010
Chase you are missing the big evasion of FICA. It's not the cap, it's that the income most rich people make, doesn't pay a dime of it. Never has. Never. Not one nickel.

Ever since Social security started, ONLY work (earned income) paid FICA. No one gave a hoot when FICA was 1%.

But now it's 15 times as high. But leverage buy out profits, shorting stock profits, derivitive profits, closing your factory here profits, dividend and capital gain profits, are and always have been immune from one cent of FICA.

Forget the over 106K crowd. There are folks raking in much more, with NO FICA and a very low rate, as low as zero. THAT is the big screw, and no one is talking about it
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bitterindependent
I didn't leave the party -- it left me.
09:37 PM on 10/19/2010
because it is going to be CHINA.......that is why they have nothing to say....
09:23 PM on 10/19/2010
It amazes me how short sighted the republican candidates are, it's equally amazing how the middle class and lower have erased the last 10 years from their memory.

George Bush was in office and lowering taxes while the US economy lost the most jobs EVER under one administration.
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madgrrl
07:11 PM on 10/19/2010
Republicans - we hate entitlements, we hate deficit spending, we love low taxes - how will we fix things - ummmm - cut taxes? and go to war!
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06:58 PM on 10/19/2010
Democrats are Marxists (denials duly noted), and that is why we have to worry about how to "pay" for the tax cut (i.e. the money that rightfully belongs to private citizens and not the federal government).

Here is an article written by a hero of mine explaining what Marxists and collectivists are really about. It's by Professor Walter William of George Mason University.

http://www.lewrockwell.com/williams-w/w-williams55.1.html
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madgrrl
07:10 PM on 10/19/2010
I think most Democrats are not Marxists but Keynsians - and Keynes economic theory works pretty well in times of economic crisis - the Republicans love bashing it - but what did they (Bush, Henry Paulson, etc) pull out of their hat when the economy was in danger of collapsing Kenysian Theory.
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09:13 AM on 10/22/2010
madgrrl: LOL. Marxists are murderers.
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FilmCriticOne
12:49 AM on 12/11/2010
Yeah, Lew rockwell, that bastion of nuttiness. Slavery was from God, and blacks should be back on the plantation. Commies are everywhere. I knew Jim Crow, and you sir are no Jim Crow.
realmystical
repubs - bad for children & other living things
06:57 PM on 10/19/2010
Leadership is taking a stand, stating your views and the reasons behind them. Being a Senator or Member of the House is a leadership position. Those who will say only what they want to achieve, but offer no avenue to achieve them are simply asking for the job. They want the TITLE, but not the responsibility of leadership. This is outrageous.
06:53 PM on 10/19/2010
Another GOP entitlement that they appear loathe to cut is the unending line of BS that they stammer out whenever the question arises.
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coolguyinla
06:51 PM on 10/19/2010
God forbid a political candidate be asked a political question. What should we ask you, what you had for lunch, if you did laundry today, if you are regular?
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FilmCriticOne
12:51 AM on 12/11/2010
FUNNY -- fanned you for that one.

But why did Wallace go after her? Great that he did, but he doesn't go after other GOPs like that. Or am I imagining things?
06:39 PM on 10/19/2010
For once - just once - I'd like to see a politician answer the questions they are asked. Time and time again they are asked a yes or no question - and they start talking about something completely different. Why do you Americans put up with that nonsense?
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FilmCriticOne
12:54 AM on 12/11/2010
Gust, have you ever run for office? Those who answer questions honestly are called "third runners up". They go home crying.

The guy who can suspend our disbelief, and promise us something for nothing, is the guy we elect. Didn't Obama do that? Yes we can! And he just caved in, and said, maybe we shouldn't.

Given that criteria -- watch out for Huckabee. That guy is very religious, and no wonder. He was in the Garden of Eden. He was the snake.