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McCain on the Tea Party and tax cuts

Monday, September 20, 2010 - 05:07

Sept 20 - U.S. Senator John McCain, appearing at the Reuters Washington Summit, discusses the Tea Party movement and how he is ''guardedly optimistic'' that all Bush-era tax cuts will be extended.

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Arizona Senator John McCain says the Tea Party movement has got people involved and engaged in the political process. But with the midterm elections -- six weeks away the question is whether the -- possible pushed Republicans to fought the right. But joining us now the Reuters Washington summit is Senator McCain says thanks very much for joining us thank. Does the Tea Party and their obvious benefits to the Republicans the -- commitment to the other risks to. Well I think congress is. We don't respond to the to the Tea Party yours too party -- are people who never been involved before. They're adding to those who were in the political spectrum. And they are not universal there very diverse and Tea Party listeners are different than. Tea Party years in Delaware but they have had a significant impact and no I don't think they're gonna drive us either way but. barrel spending. Repeal and replace Obama care I'd like to see a balanced budget amendment to constitution. We came within one vote that back in the ninety's. Maybe five or six. Concrete proposals we could give the American people are -- we have time well thank you very much -- for joining us today. Thank you for having man. And -- Senator John McCain Republican from Arizona. I'm Simon Kenya. And this is -- Arizona Senator John McCain says the Tea Party movement has got people involved and engaged in the political process. But with the midterm elections -- six weeks away the question is whether the -- possible pushed Republicans to fought the right. But joining us now the Reuters Washington summit is Senator McCain says thanks very much for joining us thank. Does the Tea Party and their obvious benefits to the Republicans the -- commitment to the other risks to. Well I think congress is. We don't respond to the to the Tea Party yours too party -- are people who never been involved before. They're adding to those who were in the political spectrum. And they are not universal there very diverse and Tea Party listeners are different than. Tea Party years in Delaware but they have had a significant impact and no I don't think they're gonna drive us either way but. They do reflect I think majority Americans who want us to stop spending to stop raising taxes and -- of -- connected again to the American people. If you listen to some -- Republican colleagues it's almost as -- that campaigning on divisive. Gridlock has been a good thing -- Obama doing anything more grip looks a good thing to do you think that's a risk of that gridlock -- may actually not a good thing that the economy. Needs more than that. From his position. Well I think in the short term between now and November. Two we should do our best to stop any further tax increases. -- Iranians. Proposals that they have on the table right now. But there can come in time. In January. Well we'd be glad to sit down with the present as long as. We keep our principles and we keep our campaign promises and that is less spending less regulation. Lower taxes and give the financial community and small businesses and large some kind of certainty. That they're not gonna see tax increases Obama care and all of the things associated with -- regulatory reform quote. Financial regulatory reform which of them is going to increase regulations one of the biggest problems that. The financial community has in America today is -- lack of certainty. We discovered a couple of weeks ago that now when he could transaction of 600 dollars or more has to be reported -- Arabs and and we tried repeal it failed. So we're gonna we we can certainly negotiate but the president's gonna have to understand. That the American people are rejecting his policies. And they wanna hold different scheme. The party seems so much further apart perhaps than they were back when when President Clinton actually reached out for the middle ground I mean do you think there is. Common ground that it can be found in the next he is and if so. Well that. I think there can be common grounds. I think that the the fact is so the president has to lead is not reached out to Republicans on any issue at any time in the past two years. We can and would be glad to negotiate as long as we adhere to our principles on the mandate -- to Washington. For example would be glad to. Negotiate spending cuts with the present as long as -- meaningful spending cuts actually total the American people we would do. What about the tax question I mean these tax negotiator tax cuts are coming up for new I think that's gonna come out. Lamps guardedly optimistic that we -- and all this tax cuts because some 35 of Democrats in the house have now come over. Moderate Democrats and senator very nervous about. It and we probably could pick up their votes but we're a long way from there because every day the president goes out -- beats upon rich people and but that class warfare has succeeded in the past and I won't now. You're making a point earlier in China summit and to use the president's rhetoric really isn't helping the atmosphere at full compromise as -- well a lot of his attacks including the latest on the speaker. Republican leader spoke to so speaking and by the way Republicans should not get overconfident we had better understand. So long time between now and the election -- count those chickens. We better keep work and what do you think the Republicans seem to do. We need to percentage positive agenda forward the American people including elimination. Of earmark and pork barrel spending. Repeal and replace Obama care I'd like to see a balanced budget amendment to constitution. We came within one vote that back in the ninety's. Maybe five or six. Concrete proposals we could give the American people are -- we have time well thank you very much -- for joining us today. Thank you for having man. And -- Senator John McCain Republican from Arizona. I'm Simon Kenya. And this is --

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McCain on the Tea Party and tax cuts

Monday, September 20, 2010 - 05:07