Military Gear & Army Surplus Gear Blog

Gingrich breaks down Trump’s stance on payroll tax cut

Gingrich breaks down Trump’s stance on payroll tax cut


PRESIDENTIAL MEDAL OF HONOR. FOR NOW, BACK TO YOU.>>Jon: KEVIN CORKE, THANK YOU THANK YOU.>>I’M NOT LOOKING AT A TAX CUT NOW. WE DON’T NEED IT. WE HAVE A STRONG ECONOMY. A PRESIDENT OBAMA DID THAT IN ORDER TO ARTIFICIALLY CHECK OF THE ECONOMY. PRESIDENT OBAMA HAD ZERO INTEREST FOR ME. I DON’T HAVE ZERO INTEREST. I HAVE REAL INTEREST RATES, AND I HAVE A STRONG ECONOMY.>>Sandra: PRESIDENT TRUMP SHOOTING DOWN A POTENTIAL TAX CUT, TOUTING AN ALREADY STRONG U.S. ECONOMY. HERE TO TALK ABOUT HER, NEWT GINGRICH. GOOD MORNING TO YOU, MR. SPEAKER. YOU HAVE SORT OF GONE BACK AND FORTH. ORIGINALLY, THE WHITE HOUSE IS THAT THEY WERE NOT CONSIDERING THIS, AND EVEN CAME ON THIS PROGRAM. THE WHITE HOUSE SPOKESPERSON SAID THEY ARE NOT, THEN THE PRESIDENT THE NEXT DAY SO YEAH, WE’RE LOOKING AT IT. SO THERE’S A LOT OF UNCERTAINTY ABOUT WHETHER THEY ARE MOVING IN THAT DIRECTION, BUT CLEARLY, HE IS TRYING TO CALM CONCERNS ABOUT A RECESSION.>>WELL, I THINK THAT THE PRESIDENT WAVERS IN PART BASED ON THE NEWS MEDIA COVERAGE. WHEN THERE WAS AN EFFORT TO SORT OF PANIC THE ECONOMY INTO A RECESSION, THE WHITE HOUSE WENT ALL OUT WITH OTHERS ON TV SAYING THINGS ARE FINE, DON’T WORRY ABOUT IT. HE MADE A SPEECH. EVERYTHING IS FINE. LOOKING AT WHAT TOOLS THEY HAVE. NOW I THINK THEY ARE PRETTY WELL CONVINCED THAT IN FACT WE ARE NOT GOING TO HAVE A RECESSION IN THE NEAR FUTURE AND THEY DON’T NEED ANY OF THOSE TOOLS, SO THEY ARE SORT OF PUTTING THEM BACK. HOLDING THEM DOMINIC ONTO THEM IN CASE IN 2020 OR 2021, THEY NEED TO LOOK AT THEM. THE PRESIDENT IS A BUSINESSMAN. LIMITED PAYROLL TAX CUT. IT ISN’T MUCH OF A BOOST. IF YOU GET PERMANENT TAX CUTS, IT’S A DIFFERENT THING BECAUSE IT CHANGES YOUR BEHAVIOR. A VERY SHORT TERM TAX CODE, FRANKLY, YOU’RE JUST GOING TO SPEND IT. WE ARE GETTING A MUCH BIGGER BOOST OUT OF THE OIL AND GAS PRICES, WHICH ARE THE EQUIVALENT OF A MAJOR TAX CUT IN TERMS OF ACTUAL SPENDING POWER. A LOT LESS MONEY THAN THEY COULD TWO OR THREE YEARS AGO.>>Sandra: HE ALSO CONTINUES TO CALL ON THE FED TO CUT INTEREST RATES. SEVERAL TIMES, EVEN, BY THE END OF THE YEAR, OR AT LEAST A COUPLE TIMES. SO “THE WALL STREET JOURNAL” TAKES US ON A PIECE THIS MORNING. “REALLY INTERESTING PIECE. WHERE IT LOOKS I’M NOT ONLY THE CONFUSION AND UNCERTAINTY BUILDING AROUND WHETHER OR NOT THERE WILL BE AT A PAYROLL TAX CUT, BUT ALSO TAKES ON THE PRESIDENT ON THE ECONOMY, WHETHER OR NOT WE ARE TO SEE HIM TOUTING THE STRONG U.S. ECONOMY, BUT HE WANTS IS INTEREST RATE CUTS. BUT HE GOES ON TO SAY THAT IF THE PRESIDENT REALLY WANTS TO GIVE THE ECONOMY A BOOST, THERE IS SOMETHING THAT HE CAN DO WITHOUT CONGRESS, AND HE CAN CUT HIS TRADE UNCERTAINTY TAX. IT MAKES THE CASE THAT BUSINESS INVESTMENT IS SUFFERING BECAUSE NO ONE KNOWS WHERE HE IS GOING NEXT WITH THIS TRADE BATTLE. SPEAKER.>>THERE IS A BIG DIFFERENCE OF OPINION ABOUT HOW IMPORTANT IT IS TO DEAL WITH CHINA. THE PRESIDENT HAS MADE A DECISION THAT THE THREAT OF CHINESE DISHONESTY, THE THREAT OF THE CHINESE STEALING INTELLECTUAL PROPERTY, THE THREAT OF THE CHINESE SETTING UP A VARIETY OF ONE-WAY GAINS, WHETHER WE WIN OR WE LOSE, THAT IS A CONSIDERABLE THREAT. NOW, OTHER FOLKS DO NOT THINK THAT CHINA IS A PROBLEM. THEY WOULD LIKE TO USE ANY EXCUSE TO GET HIM TO BACK OFF, WHICH I HOPE THAT THEY WON’T DO. ON THE OTHER FRIEND, THE AMERICAN ECONOMY IS PROBABLY THE SINGLE STRONGEST ECONOMY IN THE ROAD RIGHT NOW. WE HAVE A HIGHER INTEREST RATE THAN EUROPE DOES, WHICH MEANS IF YOU ARE A WEALTHY PERSON, YOU ARE GETTING OUT OF EUROPEAN BONDS, WHICH NO PAY ZERO PURITY REMOVING INTO AMERICAN BONDS, SO WE ARE SEEING ARTIFICIAL STRENGTH IN THE DOLLAR. WE HAVE A MUCH HIGHER INTEREST RATE THAN EUROPE DOES, AND THE PRESIDENT WOULD LIKE TO SEE THE FEDERAL RESERVE KIND OF BRING OUR INTEREST RATES DOWN TO BE MORE COMPETITIVE WITH EUROPEAN INTEREST RATES.>>Sandra: WE HAVE SEEN THE PRESIDENT MAKE THAT CASE. THAT MAKES OUR EXPORT GOODS MORE EFFECTIVE WHEN WE HAVE THAT STRONG U.S. DOLLAR. MEANWHILE, MOVING ON TO THESE TWO DIFFERENT DEMOCRATIC CONGRESSWOMEN, THE PRESIDENT IS DOUBLING DOWN WHEN HE SAID THIS.>>MY OPINION, THE DEMOCRATS HAVE GOTTEN VERY FAR AWAY FROM ISRAEL. I CANNOT UNDERSTAND HOW THEY CAN DO THAT. THEY WANT TO TAKE AWAY FOREIGN AID TO ISRAEL. THEY WANT TO DO A LOT OF BAD THINGS TO ISRAEL. IN MY OPINION, YOU VOTE FOR DEMOCRATS, YOU’RE BEING VERY DISLOYAL TO JEWISH PEOPLE, AND YOU’RE BEING VERY DISLOYAL TO ISRAEL.>>Sandra: CLEARLY DOUBLING DOWN THERE. IS THIS A MESSAGE THE PRESIDENT SHOULD STAY ON, SPEAKER?>>I THINK THE GENERAL MESSAGE IS RIGHT, BUT HE HAS A TENDENCY TO GO ABOUT 10% TOO FAR UP YOUR DISLOYALTY HAS NOTHING TO DO WITH IT. IT IS A MATTER OF JUDGMENT. THE RADICALS IN THE DEMOCRATIC PARTY STAND FOR THE ELIMINATION OF ISRAEL AS A COUNTRY. AND I THINK THOUGH THAT IS GOING TO CALL IS ULTIMATELY A PRETTY PROFOUND CIVIL WAR IN THE DEMOCRATIC PARTY. I GET VERY NERVOUS WHEN WE START GETTING INTO ISSUES OF LOYALTY AND DISLOYALTY. YOU CAN HAVE A SINCERE, HONEST DISAGREEMENT AND NOT HAVE IT AFFECT WHETHER OR NOT YOU ARE LOYAL. I THINK WHAT HE IS SAYING AT A DIFFERENT LEVEL IS THESE PEOPLE ARE REALLY BAD FOR THE FUTURE OF ISRAEL. IF YOU LOOK AT WHAT THEY WOULD DO, THEY BASICALLY WOULD ELIMINATE ISRAEL AS A COUNTRY. WE CAN HAVE AN HONEST STRAIGHT UP DEBATE AS WHY THE DEMOCRATIC PARTY IS TOLERATING A GROUP OF PEOPLE THAT ARE DEEPLY ANTI-ISRAELI AND DEEPLY ANTI-SEMITIC. AND WE DON’T HAVE TO GO TO INTO LOYALTY ABOUT AMERICA. THESE ARE NOT PEOPLE WHO WANT TO HAVE A SOUND FUTURE FOR ISRAEL.>>Sandra: WE’VE GOT FIVE SECONDS LEFT. I KNOW THAT YOU WANT PEOPLE TO CHECK OUT THIS PROJECT. FINAL THOUGHTS ON THAT BEFORE WE LET YOU GO?>>I POSTED IT ON FOX NEWS. I THINK WE OUGHT TO HAVE A PRIZE — ELON MUSK ENDURES TO THIS IDEA. $2 BILLION, ABOUT THE COST OF ONE SPACE LAUNCH. I THINK YOU MIGHT SEE LOTS OF PEOPLE COMPETING TO GET TO THE


Reader Comments

  1. There has never been any chance of a recession in the next 6 years, probably 8. It is a hope by the left to pray for one so that they have something of a chance in 2020. It is unprofessional for Fox News to moth this talk on a recession. It is unworthy of their hard earned credentials just to be popular with people that suck their thumbs.

  2. The payroll tax was the biggest scam ever. If everyone payed their taxes yearly in one lump sum, we would all see xactly how much the government takes every year and people would think twice before voting for the crazy programs politicians push.

  3. Thank you SANDRA …..YOU liberal progressive repeating the DNC word of the day, … UNCERTAINTY ❗️❗️❗️ You and Juan Williams should join forces ❗️❗️❗️❗️. Your career should move to CNN. WHY BE A 5th columnist????

  4. Sandra Smith FOX PRETENDER … grab Juan and Marie Barf and find another NETWORK….. you make us want to 🤢

  5. Sander16trilionplannvilenheltochutzinservicenbrigenuseklimborchstrat5vimerttust7521ds/enschede

  6. Foxxy News is blessed to have. M-r.S.-NG .They better keep him and a few other choice people- or….💢 HELLO 🤡DISNEY➖ r u Listening?💢™®©

  7. Another TRUMP BRAIN FART.. flip flop flip flop.. WONDER IF GREENLAND'S FOR SALE… OppS.. market crashed BETTER DELAY THAT CHINA TARIFF WAR…. flip flop flip flop… Russia had nothing to do with my election.. “Russia, if you’re listening, I hope you’re able to find the 30,000 emails that are missing,” Mr. Trump said, referring to emails Mrs. Clinton had deleted from the private account she had used when she was secretary of state. “I think you will probably be rewarded mightily by our press.”

  8. Israel Israel Israel it is all we ever hear, are we sick of it yet? Why is it that some of the wealthiest people per capita in the world need the working class American people to subsidize their country to the tune of 4 billion a year? And if you question it you're anti-Semitic? So sick of it

  9. Payroll tax cuts mean cuts to social security and Medicare, that's what they fund. I'm glad he is not cutting them.

  10. The American people got nothing with the president tax cuts, So why not give us a payroll tax break for four years? 🧐

  11. And if we cut "payroll taxes" how TF are Social Security benefits going to be paid? Borrow more money from the stinkin' ChiCom's? Yeah, that'll work!

  12. Trump only approves tax cuts for the rich and well off. Nothing for the working class. This is why the annual deficit is ballooning over a trillion per annum again.

  13. The Choosen One 2020..The King of Israel 2020…The Drag Him Away in a Funny Suit 2020…American Steel laid off 200 people today..their stock was $30 last year..$12 this year…trucking is down 30%…soy bean farmers have no market and have to live on government hand outs (that's your tax dollars)…they had to revise DOWN last year's job report by HALF A MILLION jobs…what's wrong with you people?

  14. Congress Voted themselves pay raises… how about they Get Pay CUTS FOR working only trying to the Ousting of a Duly Elected President.
    Democrats New MOTTO:
    MAKE AMERICA FAIL AGAIN
    *Bring on a Recession, and Vote for Joe Biden!!!

  15. Why can't they take dems off fox news, why do we want listen to the bs, they are not going to agree with anything on fox & I'm about to stop watching them too..

  16. It’s really hard to understand why so many Jewish people and black Christians vote overwhelmingly democratic. Have they read the Torah and the Bible? The democrat platform is seriously contrary to both.

  17. I think the media still doesn't understand President Trump they think when he says he's looking into something that he's back pedaling if he doesn't do it it just means he's willing to hear all sides and look at all idea's thats what makes him a good President and the fact that he even says something about it means he's letting the American people know what he's thinking and his thought process and why he decides one way or the other that's what a good executive does with his team and the American people are his team

  18. Stop the payments of Gongress and make an urgent election for Gongress with new faces and Must be American born no more haters and traitors and Gongress must be X defence force X police force and X doctors and and Nurses at least 50 % but Must be American born so there s loyalty for the nation and people

  19. America, indeed the world, needs to be adventurous again.Optimism needs to be promoted to counter all this negativity. Mars is out there, we are a single planet race… time for a Mars race – at the least as an insurance policy.

  20. Why do we need to compete to get to the moon? Why do we need to pay 2 billion dollars? We already did it with 1960's technology. With today's tech, 5-year-old children should be flying themselves there by now. Unless…..I won't say it…..

  21. Contest? Let's have a contest about who can come up with the best idea to pay off the national debt and get us back on the gold standard. THEN we can worry about Newt's fantasy of living in a Star Wars movie.

  22. The greatest USA bloopers – Fox News Viewers vet your cable channel supplier. Trump-et's mouth piece; Supports racism, support fascism, white drips and worst still makes money for Murky Murdoch. Thank God Disney didn't buy it. Hard to a make a good cartoon out of a dead turkey.

  23. Government can’t pass payroll tax or any other tax cut for that matter. The deficit would grow too fast. Only the corporations get the benefit of a tax cut.

  24. Nothing artificial about a tax cut. Tax revenue and government spending plans like infrastructure bills are artificially propping up the economy. And we have 2% rates but we’re going to zero.

  25. Competition for going to the Moon? hahahaahahahahha Not happening. No one will go to the Moon. Mark my words. If they 'say' they did, it will be a fake like the last time, but with the visual technology that they have now, people will not be able to see the truth.

  26. Let's make it illegal to identify people by their color. In the media, on tv every where. Would this fundamentally change America? Is it not the definition of racism to I D people by third race???

  27. Yes, let us add to the deficit…baby trump is such a moron. He wants to bankrupt the country like he has done to many of his businesses. I heard that baby trump's hands are so small that he has to use women's golf clubs.

  28. Yes ~ House speaker Newt Gingrich, explaining President Donald Trump's stance on no payroll tax cuts needed now

  29. They keep calling him a business man ? It wasn't till the pp tape and he hooked up with Putin that he started looking good. It's all Russian owned, American banks wouldn't do business with him.,you got to get Newt out of moth balls to help prop him up.

  30. old gingerich, mr nutless wonder high pitched woman voice. Back in his day, he helped other ultra righties make a lot of people homeless, and still couldn't care less about them. Thinks we ought to encourage entrepreneurs to risk people's lives with stupid amateur flights to the moon or mars, and pay 2 billion to them from the Treasury. Well, we have even more homeless now, and he still wants to waste money on literal pie in the sky, rather than lift a finger to house our poorest citizenry.

  31. if fake news media would just stop second guessing and making assumptions about Trump or his words. you know, be OBJECTIVE and make factual reports like they are supposed to do- well, they wouldn't keep coming up with these fake stories about Trump backtracking or changing his story. THEY ARE CHANGING THE STORIES. not him.They didn't get it right the first time, so they always come back and say he changed his tune, when in reality he just clarified it for the mentally challenged fake news propaganda writers.

  32. I am sure that is going to work super great and corporations will invest in the economy..WINK, WINK….
    Today for the first time since the 2008 manufacturing and exports shrunk below a neutral point….
    Those of you whose livelihood depends on either of them know what happens next….

  33. Why is Newt speaking? Trump doubled the debt. Gave away the farm to corporation's. Payroll index tax cut?? Panic?? OMG, these people are nuts. Newt, just shut up. Republicans are over. The coming bloodbath in 2020 is going to make it possible that these people have no power. No voice. Tick tock… Tick tock… Wow. Trump is high on fumes.

  34. The wall street journal is a mouth piece for globalist leftist and is nothing more than a new York times clone

  35. Trump does not go 10 percent too far. He is not a slick politician. Quit picking every word apart. In my experience, if something offends you it is because it is true and the truth hurts.

  36. So tired of clicking on a link that's talking about one thing and goes into another. minor minute on tax and major cover on the crap squad. I'm about to just click on kittens and bunnies only.

  37. I voted for Trump but he is doing exactly what BUsh did – putting words in Americans Mouth. He is not being diplomatic

  38. People wanting guarantees in the investment world, are NOT investors at all, and should put their money in the bank !!!!

  39. Good to hear from Gingrich!! Don t hear from him much anymore !!! Very wise man !! Should hear from him more !!!

  40. EVERYONE THINKS THEY HAVE AN ANSWER !!! BUT Trump is President and has AMERICAS BEST INTEREST FIRST! ….give me another president that has handled China Or Trade !!! So shut up & let Trump handle it…He's done great so far… Our country is now doing great !!!! He has the Gutts to step out of the Box & solve problems !!!

  41. Trumps remarks on Jewish supporting democrats …I agree with him , I cannot understand their support for anyone who is anti-semite and hates Israel And are Sooo hateful !!!
    But it is their Choise and shouldn't be disrespected..that is like calling trump supporters deplorable or all racist…

  42. All BS. The statutory PAYROLL TAX funds the SOCIAL SECURITY TRUST FUND..PERIOD!! The PAYROLL TAX will never be reduced. Increased maybe, but never reduced.

    For these politicians to infer that the INDIVIDUAL CORPORATE INCOME TAX is the "payroll tax" must be deliberate obfuscation of the fact and shows that they are not serious about returning power over our lives to, We The People.

  43. He "breaks down Trump's stance???" Trump has absolutely no stance on anything he does…doesn't understand it. Some manipulative who kisses his butt recommends something and he TRIES to do it. I say try because he's nearly always unsuccessful.

  44. What was Trumps stance on hiring hundreds of Polish workers to work on Trump Tower? And paying them low wage cash under the table?

  45. WHY is Gingrich treated like some kind of Elder Statesmen? This slug was slamming that piece of crap Bill Clinton while cheating on his own wife! LOL… What a pathetic human.

  46. This fox news person saw her on another video where the questions she asked felt as though Trump wasn't doing a good job on the china trade she can work for CNN the way she conduct her segment. Trump 2020,2024,2028 hahaha biotch

  47. Corporations own America. They own your healthcare, too. Yet, you love it so much. You think tax cuts to corporations will benefit you. In 1978 CEO's made 23 times the average worker in the same industry. Now CEO's make 221 times more while other wages remain stagnant. Also, record corporate after tax profits. Sounds like a winning plan. Let's keep it up! Thank you Trump for giving our impoverished corporations a $trillion tax cut. They need it more than us.

  48. More tax for the super rich, other wise before you realise it history shows that you can only scam the middle class for so long. The thought of give them the crumbs and we get the loaf attitude no longer works, because voters can see the con. I wonder how many on the panel have ever stood in a food line or wondered how they are going to put food on their children's table…..I would say none of them.

Leave a Reply

Your email address will not be published. Required fields are marked *