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Fmr. Sen. Gregg: Govt shutdown for GOP is like 'playing Russian roulette with all the chambers full'

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Former Senator and New Hampshire Governor Judd Gregg (R-N.H.) and former Senator and Indiana Governor Evan Bayh (D-Ind.) join 'Squawk Box' to discuss looming government shutdown, whether a government shutdown is a good strategy, what the best path forward is, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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Опубликовано:

5 сен 2024

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Комментарии : 210

@bobombnik1817 11 месяцев назад

They don't realize that every time they do this, they're just further illustrating how incapable at their jobs they are.

@id10t98 11 месяцев назад

RepubliQans are the only people that claim "governments dont work" and then run for election to prove it.

@crazypjk 11 месяцев назад

or the fact they are highly competent and won't sign off on billions in wasteful spending attached to the bill. do some homework and stop listening to msm lies.

@id10t98 11 месяцев назад

@@crazypjk "or the fact they are highly competent and won't sign off on billions in wasteful spending attached to the bill." Really? You do realize RepubliQans added ~ $7 trillion to the debt under Trump, right? Right?

@bobombnik1817 11 месяцев назад

No, no I was right the first time.@@crazypjk

@timd4524 11 месяцев назад

It's called extortion.

@edcedera 11 месяцев назад

If you look at the history of the two party system - still asking the wrong questions, still getting the wrong answers.

@LBB2622 11 месяцев назад

Yes, I’ve been paying into Social Security since 1973, and I still am! I’m entitled to receive Social Security or they can send a check for what I’ve paid plus interest. Suggest you raise the limits so that those people that don’t pay during the whole year pay in longer.

@skilledelectrician573 11 месяцев назад

You're entitled nothing from the government.

@karenvanderbeck 11 месяцев назад

Imagine if instead of forcing you to pay, you were allowed to invest it. You'd most likely have millions.

@bdadolph 11 месяцев назад

Fact: each republican administration since Reagan has increased the budget deficit and one term Trump added 8 trillion. Also the problem is not too much spending (other than Iraq/Afghanistan) but tax subsidies to the wealthy and largest corporations

@IreneCampos-tk2vd 11 месяцев назад

Righto! Too much spending in Ukraine is only making the weapons industries more powerful

@id10t98 11 месяцев назад

@@IreneCampos-tk2vd The money going to Ukraine is a fraction of a percent of the USA's budget. It's like being 400 pounds and worrying about eating one M&M.

@IreneCampos-tk2vd 11 месяцев назад

@@id10t98 sure it's a fraction of the us budget because there are so many forms of expenditure. However those more than 100 billions dollars that have gone to Ukrainian oligarchs is also badly needed at home by REAL AMERICAN CITIZENS

@id10t98 11 месяцев назад

@@IreneCampos-tk2vd The Pentagon receives the largest part of the USA's Discretionary Budget. If you have an issue with that, stop electing people that keep giving them more and more money. They dont need $1 TRILLION each and every year and never be able to pass an audit.

@crazypjk 11 месяцев назад

And if you look at history it was a democrat run house every time. If you had half a brain in your head you would know they make the budget.

@margaretgordon7571 11 месяцев назад

Why are they still talking about Social Security. We the people pay for it. It's not their money. What they forget is there are Republicans on Social Security also.

@DoSe420 11 месяцев назад

Nobody is taking away social security, people need to quit lying and using it as propaganda for having nothing to argue on spending.

@crazypjk 11 месяцев назад

social security still gets paid no matter what. it's fake news just fear mongering as usual!

@ktm4042 11 месяцев назад

@DoSe420 no that's not true. Republicans have come straight out and said they will look to take actions that directly threaten SS. They have wanted it repealed since the new deal days.

@stratostatic 11 месяцев назад

Republiban politicians have been trying to destroy Social Security and Medicare since the Reagan regime.

@The1stDukeDroklar 11 месяцев назад

Which episode of Government Shutdown is this? Has it been renewed for another season?

@Surannhealz 11 месяцев назад

I stopped watching that show, started watching Raising Minimum Wage. Got 22 seasons to catch up on 😰

@terryshepard8063 11 месяцев назад

Both Sides Of Washington DC Drink From The Same Trough We Need Financial Audits For Everyone In Congress 💯🤬🖤

@timd4524 11 месяцев назад

Only republicans will fight you tooth and nail.

@ktm4042 11 месяцев назад

Yes but only one party is acting like jr high kids hell bent on running the country into the ground and back to the dark ages.

@chrisbraswell8864 11 месяцев назад

We don't all get extra money from Russia and China as the Biden's do.

@Surannhealz 11 месяцев назад

So in other words, we can’t ever stop spending more money than we have?? 🤔 “We can avoid shutdowns by agreeing on budget compromises”…..riiiiiiight, like that is going to happen 😂😂😂😂

@Comm0ut 11 месяцев назад

Not at all because GOP voters overwhelmingly approve. It doesn't matter what actually happens. Politics is theater.

@garrettcrowl1294 11 месяцев назад

Last time it shut down I didn't care. Life went on and I thought, wow, we really don't need the Federal Government.

@stratostatic 11 месяцев назад

Eliminating Social Security won't solve any fiscal problems! Get the rich to pay some taxes!

@bwofficial1776 11 месяцев назад

The rich already pay taxes. You'd better believe that if they didn't pay every penny they owe that the IRS would be on them like Joe Biden on a young girl. The top 1% pays 50% of all US taxes while the bottom 50% pays $0.

@juliabaumer8315 11 месяцев назад

What is going on with all the government shut downs this is getting unreal.

@timd4524 11 месяцев назад

It's when republicans throw their tantrums.

@RichardLewisCaldwell 11 месяцев назад

Judd Gegg, the problem is NOT entitlements; it's that we don't have a 90% top tax bracket and we don't tax income that wasn't earned at a higher rate than we tax income that was actually worked for (kind of a DUH! thing; why would you tax couch-sitting at a lower rate than building couches?). We also let people pretend that real estate drops in value. And we don't tax gains as long as you don't sell the stock. Get rid of all the loopholes and institute a rock solid highly progressive income tax that taxes all kinds of income every year, along with a highly progressive wealth tax. And quit whining that letting people eat and see a doctor is too expensive.

@jcc9549 11 месяцев назад

Oh please. Touching social security and medicare is a NO GO. If they’re so concerned with spending and entitlements, then remove the cap on income contributions to SS. Problem solved. Done.

@bigdaddygoon828 11 месяцев назад

If the government didn't spend all these years letting the corporation's especially big oil make us sick

@user-qp1tz9bd9j 11 месяцев назад

Why would elected representatives want to actually govern when they can play political theater with the nation

@joycesmith8120 11 месяцев назад

Dragging social security in this budget cut again, can't cut everyday working people money.

@monicaluketich6913 11 месяцев назад

Heaven forbid they close the loopholes for little to no taxes on the super rich! They might be able to balance the budget and then what would Republicans have to hold over the American people's heads?

@David-yu9iz 11 месяцев назад

Seems the government won't be able to do as much damage if they shut down.

@bwofficial1776 11 месяцев назад

The government that governs least, governs best.

@bigdaddygoon828 11 месяцев назад

Spending isn't the problem revenue is you literally have companies worth trillions of dollars and people worth hundreds of billions that's where the money is you can't balance the budget without tax increases the highest economic growth and expansion country has ever seen was when tax rate was in the 90% to 80% and guess what we still had billionaire equivalent

@kimoconnor9668 11 месяцев назад

Money money money money.

@ats89117 11 месяцев назад

Haha, the senators say they can control spending when the deficit is 8.6% of GDP! And then they claim that the real problem is shutting down the government...

@JudasMaccabeus1 11 месяцев назад

That’s besides the point. Shutting down the government isn’t going to help the problem in any way. It’s like blowing the transmission in your car and thinking an oil change will get you back on the road.

@DoSe420 11 месяцев назад

@@JudasMaccabeus1not even close. A government shutdown stops the government spending money on itself. Like putting a donut on your car after running over glass.

@ats89117 11 месяцев назад

@@JudasMaccabeus1 Right now we are playing Russian Roulette borrowing so much money that the interest payment will soon consume the entire budget. This model for this is Japan where their economy is terrible and they have a recession every four or five years. We need to fix the problem if possible. It may already be too late...

@JudasMaccabeus1 11 месяцев назад

@@ats89117 I get that. But shutting down the government doesn’t help solve the problem in any way. There is no benefit. Eventually, the government will have to start back up and all that will have happened is politicians got a nice long vacation at the tax payers expense.

@ats89117 11 месяцев назад

@@JudasMaccabeus1 Shutting down the government isn't the objective. It's what happens when you don't have the appropriation bills done. Why these bills aren't done is a mystery given they are, or should be, the congress' highest priority... The alternative is to continue not doing appropriation bills and just allowing the pols to spend whatever they want. As it is, since 2015, the spending to GDP ratio has increased from 20% to 25%. And because the US does big government worse than anywhere else in the world, it's hard to see what we are getting for our money...

@chodkowski01 11 месяцев назад

Without borrowed or printed money the government is out of business.

@davidknudson6382 11 месяцев назад

I missed this this morning. Xfinity was down - again - so no Squawk Box. Love Senator Gregg. Always a voice of reason, common sense and solutions.

@elsieschmaltz6754 11 месяцев назад

Those few Republicans that want to shut down what will help to do this better without a shutdown that will help in the long run even if it is short term now.

@amgguy4319 11 месяцев назад

Well, Republicans Love everything russian...

@stanvalentine1839 11 месяцев назад

Your being foolish! Way to show your are a blind order follower.

@larryinNH 11 месяцев назад

Democrats Love everything Not American.

@bwofficial1776 11 месяцев назад

Says who?

@Bill-vo1wn 11 месяцев назад

BEST THING, shut them down and send them HOME. Or to JAIL. 😊

@80sheavymetalguitar45 11 месяцев назад

😂😂Russian roulette with traitors in Washington DC 👍👍

@FirstLast..... 11 месяцев назад

Shut it down!

@dseelbach80 11 месяцев назад

It's good to shut down a broken machine.

@PeterSedesse 11 месяцев назад

Imagine that .. the gop is doing something russia ...

@Bill-vo1wn 11 месяцев назад

Jail with no pay or retirement. 😊

@jimgodofbiscuits 11 месяцев назад

This cnbc guy has obviously never watched FOX nor any other conservative news media. And apparently never heard any maga republican esp trump talk about the left. It goes beyond calling them extreme.

@bobbyhoward8935 11 месяцев назад

Well keep giving money to Ukraine. All the money we have given to Ukraine would provide social security and Medicare for more than 20 years

@tonyzaffirini7368 11 месяцев назад

Where in Russia did you learn math? The structural deficits of SS and Medicare are far far larger than the 50 billion we spent on US defense contractors for weapons for Ukraine.

@bobbyhoward8935 11 месяцев назад

@@tonyzaffirini7368 I learned math from your mother

@tonyzaffirini7368 11 месяцев назад

Sorry Bobby my mom in American and has never been to Russia. But I like the way you avoided admitting you did not know what you are talking about and are just stooging for Vlad.

@bobbyhoward8935 11 месяцев назад

@@tonyzaffirini7368 you sure about that

@chriscorbin1055 11 месяцев назад

Biden admin could careless about Americans. Worst excuse for a president I have ever seen.

@danjenkins8981 11 месяцев назад

The party system must be abolished

@bwofficial1776 11 месяцев назад

And replaced with what? Every democratic country has political parties. We haven't found a better way.

@kS20222 11 месяцев назад

Everything else doesn’t work, shut it down!

@bdadolph 11 месяцев назад

I cannot think of one single elected Democrat who makes outrageous statements

@a.n.7863 11 месяцев назад

You mean who doesn’t, don’t you.

@Eternalwarpuppy 11 месяцев назад

If I'm elected president, we are going to see the single most important thing that changes in America. We are going to cure cancer. - Joe Biden How are we progressing on that outrageous promise?

@bwofficial1776 11 месяцев назад

They all do. You've just made yourself block it out.

@ktm4042 11 месяцев назад

1. Repeal the trump tax cuts that overwhelmingly benefit the wealthy 2. Collect the 1/2 cent tax on all stock transactions and earmark it for social programs 3. Pipe dream but- resuce the obscene defense spending. We collect enough in taxes that, worh the proper tweaks, can provide a much better, and more equitable, quality of life and help turn our country around to an advancing nation again. Lots of work to do, lots of special interests to fight.

@dirtydave1889 11 месяцев назад

We need Trump back...

@bwofficial1776 11 месяцев назад

The wealthy provide jobs and services. They deserve their tax cuts as an incentive to keep taking risks. Whatever Trump did while he was President, it worked. Strongest economy since the 1950s until China released their little weapon to hit back at the world.

@Homesteadturcke 11 месяцев назад

Considering the incredible decline of the country under this administration, I say shut it the hell down. We can only go up from here...

@stratostatic 11 месяцев назад

Trump lost the election

@costcontrolaccounting4613 11 месяцев назад

This is great. Close the Federal government down entirely. Fire every federal worker. Stop all congressional salaries. Keep the military and get rid of all the rest. We would have a better country.

@id10t98 11 месяцев назад

Get rid of the military too, that's the one agency bankrupting the country.

@mer171 11 месяцев назад

No more blank checks for Biden…

@apborick5796 11 месяцев назад

A run away buget in the trillions is just fine though? Right Gregg?

@dilliedigs 11 месяцев назад

Yet it was ok for dems to do it to Trump when he was in president. Rules for me but not for thee!

@Miss_Fancyness 11 месяцев назад

Evan Bayh needs to give up coloring his hair. In my opinion

@tedreynolds3338 11 месяцев назад

Oh, it’s that time again… Another “shut down” show. Let’s all pretend something will come of this. AGAIN!

@joesolis2 11 месяцев назад

“No, shut it down, shut It ALL DOWN!” - - C3PO - -

@Chrisfeb68 11 месяцев назад

It's not that hard: Cut government spending.

@ztazta4064 11 месяцев назад

Hollywood at it's Best...

@EdCaston 11 месяцев назад

BIDEN wsnt imprest with obama hair doe

@ConcernedCitizenSays 11 месяцев назад

government shutdown - is that a bad thing?

@bdadolph 11 месяцев назад

“Moderates” are not problem solvers

@bobjohnson62 11 месяцев назад

I hope the shutdown happens! The sooner, the better!

@LexiVaughn 11 месяцев назад

No one likes or trust you Propaganda straight up Can you say "would you like fries with that?"

@Myers70 11 месяцев назад

BRANDON is the most HATED President in history

@monicaluketich6913 11 месяцев назад

That is only one person's opinion, which I disagree with.

@theodoresantos6736 11 месяцев назад

The 8 million people that helped elect Our Great President Joe Biden puts a hole 🕳 n your statement!! Do the math. Trump is the most hated piece of 💩this country has ever seen!🌊🌊🌊! It’s coming! 2024!!

@Travelingforlife 11 месяцев назад

Shut down this criminal gov!@!

@thomasblackmon5722 11 месяцев назад

What’s doable is Tax in the goddamn rich!

@Eternalwarpuppy 11 месяцев назад

Well we are doing that already, what's next?

@bwofficial1776 11 месяцев назад

We already are. The top 1% pays 50% of all US taxes while the bottom 50% pay $0. If a rich person didn't pay every penny they owe in taxes you can bet that the IRS will be on them like a fat kid in a candy store.