Sen. Mitch McConnell (R-KY)
Sen. Angus King (I-ME)
Rep. Xavier Becerra (D-CA)
Gregory: OMG it's the annual fight over the
debt ceiling which first began a long time
ago when a black guy became President!
Gregory: Republicans are vowing to threaten
to default unless they get what they want
but first happy new year Senator McConnell
Gregory: you compared the debt limit to
a hostage you ransom and must be willing to shoot
McConnell: ever since Obama became
President spending became a big problem
McConnell: last week we amended the
Constitution forbidding taxes forever and ever
Gregory: I did not know that
McConnell: no one likes taking America's
credit hostage but we must do it to make
Obama cut spending
Gregory: would you really wreck
America's economy like that?
McConnell: unfortunately we have to since
a Democrat became President spending and
the debt suddenly became a really big problem
Gregory: but it's a threat to America's credit
McConnell: look we have to since do
this since we can't win through normal politics
Gregory: fair enough
McConnell: spending has exploded
the last four years!
Gregory: for four years you refused to
work with Obama and tried to make
him a one-term President
McConnell: he has to be dragged
kicking and screaming slashing into Social Security
and the time to do it is right now when
a Democrat is President and he will get blamed
Gregory: since the debt is so important
would you be willing to raise more taxes?
McConnell: oh hell no that's over
Gregory: that's your final answer?
McConnell: yes the biggest threat to
America's future is all the spending I
supported when Bush was President
Gregory: Obama proposed entitlement
cuts and you said no
McConnell: he never made those proposals –
if he had Mitt Romney would have run
against those cuts in the 2012 election
Gregory: what cuts would you support right now?
McConnell: raise the Medicare age and
also means-test Medicare
Gregory: I see
McConnell: Americans are living too long
and we must address that now!
Gregory: you're the man to do it
McConnell: we should not have to
drag the President to the table
Gregory: would you shut the government down?
McConnell: the single biggest threat to
America is past excessive spending –
where is Obama's time machine?!?!
Gregory: Conservatives say you totally
caved to Obama under the Fiscal Cliff deal
McConnell: I was very fiscally responsible
and prevented tax increaes for 99% of people
Gregory: most impressive
McConnell: this was not a tax increase!
Just ask Saint Grover Norquist!
Gregory: it seems like the GOP is in
total chaos right now
McConnell: not true – we all agree that
taxes should be cut for billionaires
Gregory: good point
McConnell: now the American people
want us to eliminate Medicare
Gregory: what is your number one goal now
that you have failed to defeat Obama?
McConnell: the massive massive debt
Gregory: you want to make it bigger?
Gregory: sorry honest mistkae
McConnell: I want to Obama to take the lead
on Republicans' unpopular ideas
Gregory: what about Chuck Hagel?
McConnell: I am worried he is not patriotic
Gregory: he served in Vietnam!
McConnell: I meant patriotic for Israel
Gregory: could you support any
limits on people buying guns?
McConnell: yes I think we should address
spending and the debt for first time
in Clinton was President
[ break ]
Gregory: OMG OMG Alan Simpson is here!!
Audience: oh god
Gregory: The American debt is just like an
America's family's credit card debts!!
The debt is the most important thing ever!!!
Here are the greatest men alive! Eeeeek!
Simpson: calm down David
Gregory: I'm not worthy! I'm not worthy!
Bowles: it's ok Fluffy, you're worthy
Bowles: we must cut Social Security
Simpson: did you know that we are awesome?
Gregory: yes I did! I did!
Simpson: the debt deficit and interest
are wrecking America!
Gregory: oh god you guys are the best
Bowles: yes we are
Gregory: Obama says he offered to cut
Social Security and Republicans said
no to any tax increases
Bowles: well he is right about that
but still Obama hasn't done enough
Gregory: what has he failed at?
Bowles: he's failed to make Republicans
make tough decisions
Gregory: I begged Obama to cut Medicare
and he got all huffy saying the program
was really important to poor old people
Bowles: I would cut half a trillion dollars
from Medicare through raising the eligibility age,
negotiating drug prices, and early end of life issues
Gregory: what about the debt ceiling?
Simpson: McConnell should work with
his colleagues instead of threatening America
Gregory: what breaks this impasse?
Simpson: cut spending
Gregory: what spending?
Simpson: greedy old people –
who's fucking kidding who?!?
[ break ]
Gregory: it seems like U.S. government is dysfunctional
King: yes that is why people despair of America
Gregory: it's so sad - how do you break the impasse
King: we should make decisions and solve problems
Gingrich: we lurch from crisis to crisis
and it makes people crazy
Gregory: yes it's terrible
Becerra: this is no way to run a government
Becerra: we must lock ourselves in a room
and put our budget proposals around the necks
of two roosters and let the biggest cock win
Gregory: interesting approach
Dionne: hey we raised taxes –
now let's make a small deal to stabilize the debt
Becerra: too small – singles don't
win baseball games
Dionne: yes they do – now let's address unemployment
Fiorina: I know I sound crazy
Gregory: yes you do but go on
Fiorina: Goldman Sachs says the
fiscal cliff deal is a bad idea
Gregory: well I'm convinced
Fiorina: Obama must lead America and
do whatever Goldman Sachs says
Gregory: but he needs the Republican
House to work with him
Fiorina: but Obama needs to treat Republicans
respect like not saying anything when they yell out “you lie”
Becerra: the House can't even agree on
hurricane disaster relief!
Fiorina: that bill was larded with pork!
Gingrich: typical Democrats ruining America
Becerra: but Chris Christie supported
the funding bill and he is a Republican
Gingrich: when he said something nice
about Obama he lost his GOP privileges
Gingrich: Republicans have no obligation
to fund the government
Dionne: Gingrich is right when he says threatening
the debt ceiling is a terrible idea and dumb politics
King: the debt ceiling is already paying bills
for money you already spent
Gregory: Carly it does seem like a scary idea
Fiorina: sure it's stupid but having a
big debt also ruins our credit rating
Gregory: I see
Fiorina: Obama must cut the debt Bush ran up!
Gingrich: forget the debt ceiling –
just stop funding the government!
Gregory: Angus where's the beef?
King: as an independent I can send
messages to both sides like Switzerland
King: we must raise taxes and make painful cuts
King: Obama should call some people
I don't know and get his hands dirty and
lock them in Camp David and then flee
Becerra: we've had a trillion in spending cuts
and $700 billion in Medicare cuts
that Mitt Romney railed against
Fiorina: spending got out of control in 2009
Dionne: abandoning the debt ceiling threat
would boost the economy
Fiorina: Obama invented spending!
Gingrich: the media loves a fake crisis
Gregory: don't criticize the media!
Gingrich: we must cut spending now that
Obama has been reelected
Gregory: what about Chuck Hagel?
King: you talk about reaching out to
Republicans and Obama nominates a
famous Republican to run Defense
and what happens – Republicans stage a total freak out
Gregory: and that's another
episode of Meet The Press