| 00:00:57 |
Baptiste, Don - Co-Founder
MORNING. I'M DON BAPTISTE, THE HEAD OF BLOOMBERG GOVERNMENT. THANK YOU FOR JOINING US TODAY. AND THANK YOU FOR DELOITTE FOR PARTNERING WITH US AT...
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| 00:02:32 |
Davis, Thomas "Tom" M. - Director
GOVERNMENT AFFAIRS AT
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| 00:02:33 |
Davis, Thomas "Tom" M. - Director
DELOITTE. PLEASE JOIN ME IN WELCOMES GOVERNOR TOM DAVIS. >> AND MOST IMPORTANTLY, I LEFT CONGRESS UNDEFEATED AND UNN UNINDICTED. I WANTED TO THANK OUR...
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| 00:03:45 |
Hunt, Albert "Al" R. - Executive Editor
WELCOME YOU ALL. IF YOU DON'T KNOW MUCH ABOUT THIS, I INVITE YOU TO STAY BECAUSE IT'S A FABULOUS PLACE. WE HAVE AN ALL-STAR PANEL. LET ME INTRODUCE...
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| 00:07:00 |
Warner, Mark R. - U.S. Senator, [D] Virginia
ORDER TO AVOID THE SEQUESTRATION ENDING ALL TAX CUTS? MARK, I'LL START WITH YOU. >> I THINK IT'S AN 80% PLUS WE'LL AVOID ESEQUESTRATION. THE QUESTION...
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| 00:07:35 |
Corker, Bob - U.S. Senator, [R] Tennessee
THE BIG PICTURE WHICH WE'LL BE TAKING BACK UP, BUT BY JANUARY 1, WILL BE AVOID THE CLIFF? >> I THINK IT'S LIKELY WE AVOID IT. IT DOESN'T APPEAR THAT'S...
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| 00:07:59 |
Van Hollen, Christopher - U.S. Representative, [D] Maryland
TIME, ANYWAY, WE'LL HAVE REAL ENTITLEMENT REFORM WHICH WILL BRING ALL OF THIS TOGETHER. >> CHRIS? >> WELL, I THINK IT'S BETTER THAN 50% THAT WE'RE ABLE...
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| 00:08:26 |
Pawlenty, Tim - President and CEO
THAN 50% THAT WE HAVE AN AGREEMENT. >> TIM? >> I WOULD CONCUR, GIVING THE CONSEQUENCES. I THINK THE ODDS ARE NORTH OF 50% THAT SOME SORT OF DEAL WOULD...
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| 00:09:18 |
Corker, Bob - U.S. Senator, [R] Tennessee
39.6% RATE AND COME BACK WITH A PROMISE NEXT YEAR OF TRYING TO LOWER IT AND BROADEN THE BASE? BOB? >> I WOULD MUCH PREFER WE DO THE KIND OF GROWTH...
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| 00:11:49 |
Van Hollen, Christopher - U.S. Representative, [D] Maryland
POLITICS OF THE HOUSE ON BOTH SIDES. CAN JOHN BOEHNER CUT A DEAL WITHOUT ERIC CANTOR AND PAUL RYAN? >> WELL, I HAVE A PRETTY GOOD UNDERSTANDING OF...
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| 00:13:57 |
Pawlenty, Tim - President and CEO
OF COMMITMENT WOULD YOU LIKE TO GET IN ORDER TO DO THAT? BECAUSE YOU CAN'T DO ANYTHING IN THE NEXT THREE WEEKS, YOU CAN'T REFORM ENTITLEMENTS AND REFORM...
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| 00:16:58 |
Hunt, Albert "Al" R. - Executive Editor
BE EMBRACED BY ENOUGH REPUBLICANS, BUT IT'S CERTAINLY NOT LIKELY TO HAPPEN UNLESS THEY HAVE CRYSTALLIZATION OF THE ENTITLEMENT SPENDING SIDE OF THE...
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| 00:17:40 |
Warner, Mark R. - U.S. Senator, [D] Virginia
THAT DOESN'T STABILIZE THE DEBT TO GDP RATIO. IT TAKES ABOUT A $6 TRILLION PACKAGE TO DO THAT. MARK, ARE WE THINKING TOO SMALL NOW AS YOU APPROACH...
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| 00:21:59 |
Hunt, Albert "Al" R. - Executive Editor
REVENUE INCREASE OR A TRILLION REVENUE INCREASE BECAUSE WHAT'S IN THAT BUCKET, WE NEED TO HAVE THAT MORE SOCIALIZED. >> I'M GOING TO COME BACK TO...
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| 00:22:32 |
Van Hollen, Christopher - U.S. Representative, [D] Maryland
BE WILLING TO GIVE ON ISSUES LIKE RAISING ELIGIBLE AGE, COLAS FOR SOCIAL SECURITY, MEANS TESTING MEDICARE FOR MORE AFFLUENT RECIPIENTS, EXCLUDING MY...
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| 00:25:32 |
Hunt, Albert "Al" R. - Executive Editor
SIMPLY MOVING SOMEBODY OUT OF THE MEDICARE SYSTEM INTO THE PRIVATE HEALTH CARE SYSTEM, SURE IT TRANSFERS SOME COST BUT WAS OVERLOOK HEALTH WHERE WE SPEND...
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| 00:26:39 |
Corker, Bob - U.S. Senator, [R] Tennessee
THE COUNTRY, JIM BAKER AND PEOPLE ON CAPITOL HILL ON THE OTHER SIDE, LIKE ROSTENKOWSKI AND BRADLEY DYING TO WORK TOGETHER. WE DON'T HAVE ANY OF THAT...
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| 00:30:27 |
Van Hollen, Christopher - U.S. Representative, [D] Maryland
NEUTRAL WAY. BUT YOU'RE CREATING A MUCH FLATTER CODE A BROADER CODE THAT DOESN'T HAVE LOOPHOLES, OTHER LOOPHOLES THAT EXIST. >> I CAN SEE YOU'RE DYING...
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| 00:32:09 |
Warner, Mark R. - U.S. Senator, [D] Virginia
HAS A TAX REFORM ELEMENT AS WELL. SO, I HOPE PEOPLE WILL REALLY TAKE A LOOK AT WHAT THE PRESIDENT'S PUT ON THE TABLE AND NOT -- AND NOT JUST, YOU KNOW,...
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| 00:36:25 |
Pawlenty, Tim - President and CEO
BETTER CONSUMERS OF HEALTH CARE IN A WAY THAT DONE RESTRICT THE QUALITY OF CARE YOU GET. WE COULD -- WE COULD FIND SOME COMMON GROUND. >> TIM, JUST ADDRESS...
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| 00:39:16 |
Corker, Bob - U.S. Senator, [R] Tennessee
AND NEGOTIATORS HAVE TO UNDERSTAND THAT AND COMMUNICATE AND FIGURE OUT WHERE THE COMMON SPACE IS AND AGAIN, I'LL END WHERE I STARTED EARLIER TODAY...
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| 00:40:52 |
Hunt, Albert "Al" R. - Executive Editor
THINK, AMONG THE MASSIVE PEOPLE ON THE DEMOCRATIC AND REPUBLICAN SIDE I DON'T REALLY THINK
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| 00:40:58 |
Q&A
THINK THERE'S THAT BIG A DIFFERENCE. I REALLY DON'T. IT TAKES POLITICAL COURAGE TO SIT DOWN, MAKE THE DECISIONS, AND GET THIS BEHIND US. >> WHAT I...
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| 00:41:54 |
Warner, Mark R. - U.S. Senator, [D] Virginia
WITH THE DEBT CEILING ALTERCATION, THIS CREATES UNCERTAINTY, WHICH ISN'T GOOD FOR THE PRIVATE SECTOR AND CERTAINLY ISN'T GOOD FOR THE FEDERAL GOVERNMENT...
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| 00:43:36 |
Corker, Bob - U.S. Senator, [R] Tennessee
LOST EACH TIME YOU GRIND TO AN ALMOST NEAR HALT OF GOVERNMENT. AND START CONTRACTING, RESTART IT IS CRAZY. EVERYBODY I'VE TALKED TO SAID END OF THE...
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| 00:44:35 |
Van Hollen, Christopher - U.S. Representative, [D] Maryland
DOWN, AND IT PASSED. THAT'S WHAT WE HAVE NOT BEEN DOING. WE'VE BEEN HAVING BILLS COME OUT OF BOTH LEADERS' OFFICES, IN FAIRNESS, OKAY, AIR DROPPED ON...
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| 00:46:10 |
Hunt, Albert "Al" R. - Executive Editor
THE PAST. A FAMOUS SHOWDOWN WITH NEWT GINGRICH AND PRESIDENT CLINTON. WHEN YOU HAVE CLASHES OF MAJOR PHILOSOPHICAL DIFFERENCES, THE KEY IS TO BE...
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| 00:48:05 |
Corker, Bob - U.S. Senator, [R] Tennessee
BECAUSE YOU FIXED IT AND EVERYBODY SAVES FACE AND GETS WHAT THEY WANT. AL, YOU FIXED THE NUMBERS. IT COULD BE THE CARLSON-HUNT PLAN. >> BUT YOU GET...
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| 00:48:20 |
Van Hollen, Christopher - U.S. Representative, [D] Maryland
YOU'RE GOING -- THEY HAVE TO GIVE SOMETHING ON ENTITLEMENT REFORM, GOING TO HAVE TO MAKE THAT UP, IT'S A DETAIL. >> I THINK THERE'S -- I PERSONALLY...
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| 00:50:38 |
Corker, Bob - U.S. Senator, [R] Tennessee
A BUNCH OF TOP LINE NUMBERS, $800 BILLION IN TAXES, $400 TO $50 BILLION0 BILLION IN MEDICARE WITH A TRIGGER OR SEE MORE DETAIL THAN THAT AND IF WE...
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| 00:51:58 |
Warner, Mark R. - U.S. Senator, [D] Virginia
ANY PROCESS LIKE YOU JUST LAID OUT. I'M SORRY. I MEAN, AGAIN, THERE'S NOT A LOT TO LEARN FROM A SECOND GO AROUND, WE'VE HAD TWO DRY RUNS. THIS 112th...
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| 00:55:06 |
Van Hollen, Christopher - U.S. Representative, [D] Maryland
WITH CAPS BECAUSE END OF THE DAY, THERE ARE MANY WHO SAY, LET'S GO TO THE DOOR REOPTION AS OPPOSED TO HAIRCUTTING EVERYTHING AND CUT THEM DOWN,...
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| 00:57:27 |
Hunt, Albert "Al" R. - Executive Editor
WAS SAYING -- >> DEFICIT TO GDP. NOT DEBT. >> DID I SAY DEBT? >> YOU SAID DEFICIT. >> DEFICIT. >> US, WHO ARE IMMERSED -- >> TO BE CLEAR, I BELIEVE...
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.