HOST GEORGE STEPHANOPOULOS: And I think the President said he’s willing to engage in more discussions over the sequester and the government shutdown, but that would also include new revenues. You say the tax debate is over.
SENATE MINORITY LEADER MITCH McCONNELL: Oh, yeah. The tax…the tax…revenue…the tax issue is finished, over, completed. That’s behind us. Now the question is, “What are we going to do about the biggest problem confronting our country, and our future?” And that’s our spending addiction. It’s time to confront it. The President surely knows that, I mean, he’s mentioned it both publicly and privately. Uh, the time to confront it is now. And we ought to engage…
STEPHANOPOULOS: But in the last year, Senator, let me just interrupt you there, in the last year during the Budget Control Act, the Congress actually cut $1.5 trillion in spending. That’s more than was raised in revenue in this last fiscal cliff deal. So are you saying that any discussion of revenue is completely off the table going forward? You will not accept any new revenues in any new deal?
McCONNELL: Yeah, absolutely. The tax issues is behind us. Now the question is, what are we going to do about the real problem? Uh, we didn’t have this problem because we weren’t taxing enough. Fortunately, because as a result of the agreement that was reached, 99% of Americans will not see their taxes go up. 500,000 small businesses will not see their taxes go up. The President got a trillion dollars less in revenue than he wanted. That means that money stays in the pocket of the American people. Now it’s time to pivot and turn to the real issue, which is our spending addiction. And, we ought to do it together, now. We all know we’ve got to quit spending so much.
STEPHANOPOULOS: Well, then it seems like the divide is as deep as ever if you’re completely ruling out revenues and saying spending is the only answer.
and they want the Pres. to be serious and come to the table without them dragging him kicking and screaming? we all know what the scenario really is. and they go back to a new number one job breaking the social network for Americans. told you there was and will be no change in Mudville
