McCONNELL ON THE ECONOMY: “THE BIGGEST CHALLENGE WE HAVE FOR OUR FUTURE IS THE UNSUSTAINABLE PATH OF OUR ENTITLEMENTS”
McCONNELL ON HEALTH CARE: “IT WAS A HUGE, HUGE MISTAKE — THE SINGLE BIGGEST STEP IN THE DIRECTION OF EUROPEANIZING AMERICA — I HOPE THE COURT STRIKES THE WHOLE THING DOWN”
Senate Minority Leader Mitch McConnell (R-KY) discussed the challenges facing the economy and shared his views on the future of health care with co-host Charlie Rose, today, June 19, 2012, on CBS THIS MORNING on the CBS Television Network (7:00 AM – 9:00 AM).
Below are excerpts from the interview.
ROSE: Many people talk about the problem in Europe is that they can't make a decision. And, in Washington, they talk about dysfunction. What can be done about that, other than changing the politicians who are in Washington?
McCONNELL: The biggest challenge we have for the future is the unsustainable path of our entitlements, very popular programs, the eligibility for which needs to be adjusted in order to meet the demographics of America. Regretfully, after six months of discussions the Speaker and I had with the President, the President was unwilling to make those kind of eligibility changes unless we gave him such a huge tax increase that it would have brought the economy to a halt.
ROSE: Would this atmosphere of dysfunction or compromise that did not happen have been better if you and the President spent more time together? Is that part of the problem?
McCONNELL: This was not a frivolous debate. This was not about personality conflicts. This was about a major decision that we have to make now that we have a debt the size of our economy, which makes us look a lot like Greece.
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ROSE: A first order of a new Senate and new Congress might be to try to repeal Obama health care if it's not declared unconstitutional?
McCONNELL: Yeah. We need to start over. It was a huge, huge mistake. The single biggest step in the direction of Europeanizing America. I hope the court strikes the whole thing down, whether they find it unconstitutional or not. It's still a big mistake and we just need to start over and try to get it fixed.
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