Rubio and Coons: We Can Work Together

As supercommittee stalls, freshmen senators promote bipartisan jobs bill.
8:31 | 11/20/11

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Transcript for Rubio and Coons: We Can Work Together
Americans right now watching yet another scene a dysfunctional government play out here in Washington. -- all else failed the super committee was conceived as a bipartisan solution to America's debt -- Bryant now though it's poised on the brink of -- yet still freshman senators Marco Rubio of Florida and Chris -- of Delaware. A Republican and a Democrat a trying to -- hope in this new they've put together a jobs plan that they believe everyone can support. It's called American growth recovery impoundment and entrepreneurs. Act also known as agree. They say it's small but it's just gotten on the -- I spoke with senators rubio and coombs and -- thank you very much for joining me ask you first citizen rubio. You have said that this is not an earth shattering bill that you're proposing just how many jobs do you think it will creates. Well we're not claiming to know that number we notably more than what we have now and that's what's important -- threat helps real people these are ideas that came from job creators of some of its extending existing law to give another year certainty to job creators. And others are things that are -- that came for example from the franchise association but we believe that one of the things that's holding back economic activity is all the bad news. And impending bad news that's coming out of Washington and we feel like -- we can show people. That there are things we can work on together that there is a glimmer of hope in Washington that we are able to agree on the things we agree on. We hope to be able to get the ball rolling on a little bit of confidence over the next twelve months. Or let me ask you senator who -- -- little bit of confidence is what's needed here. Obviously in the senate senator Reid holds the cards in terms of bringing bringing it to a vote. Is there any indication do you have that he would embrace this agree actor -- -- actually. Act on it bring it to a vote. Well Chris -- we've gotten very positive responses from folks in leadership. From the White House and obviously from our colleagues a number of whom the party stepped forward to offer co sponsorship. We -- these ideas from a broad range of sources that most importantly from the president's jobs bill as well as from the president's council on jobs and competitiveness. I think this is a balanced bipartisan constructive package of ideas that can help move the economy forward. And I'm confident that leader Reid wants to make. Make whatever progress we can in moving legislation that will help create jobs. But bottom line says rubio if something as innocuous is this a new both saying that it is it really is simple thing that everybody is already sort of agreed on the the -- -- If this can't get through. What kind of message does that send some. -- but that's and that's exactly right and that's our point our point is that there is no reason for this not to -- you know. I think people at home certainly in Florida. And -- -- cross the country understand that there are big differences between Republicans and Democrats in the understand that's why we're gonna have an election next year to decide that. What they don't understand is why do you guys fight about the things you agree on and so we did is we just sat down and when tried to collect a few things that we ever -- people had agreed on a bipartisan way and then at least let's pass those which have sit around for twelve months and do nothing. And so that's that's what we're hoping to do here but you have to very important question -- something like this can't get traction is something like this can't pass -- what does it say about our process. Well precisely that and you both of said that this is not a substitute for the -- dodge. Reforms that have to happen. And perhaps we'll have to wait for the next election do you agree with that a sentence is nothing big on reform and deficit -- and -- of that. Going to happen until the next election. But we have been able to make bipartisan progress in this senate although it's not widely known things says. Brought -- the patent bill as the free trade agreement as the recent -- and veterans jobs we have been able to get some things through. But all agree with your question that on the larger issues about how to tackle the deficit. How to deal with getting jobs -- in this country and how to get our fiscal house in order there seems to be a persistent divide. Between my party and senator rubio -- party we have a difference of opinion I in my view my parties the one it continually advocates for everything on the table. -- -- brought -- balanced solution that includes revenue as well as considering entitlements. And as long as we can't get. To some agreement about how to put everything on a table and how to tackle. A bigger package I do think we're gonna have to wait for the next election for a clear signal from the American people about what value they put. On protecting our commitments to America's seniors and the most vulnerable in our country who currently reliant entitlement programs as a critical part. Supporting them as they move through life. A sense rubio -- sense -- who's just talked about revenue and of course all of this is at play now in the super committee. And buying all accounts there's a huge amount of pessimism people do not believe the super committee is going to actually. Come up with what -- said it was going to do you really that by the way both of you do you think that this is not -- what senator rubio. Well first -- -- the super committee was a good idea and second -- hope that does work out there's so much is at stake but I want to say something actually in defense of the Democrats on the super committee. As I blame the White House for a little -- -- leadership on this I mean the White House has never indicated to them how far they can go on making concessions. How father for example on entitlement reform and I think it's very difficult for the Democrats on that committee. It tuned to enter into a negotiation not knowing -- the White House is they don't wanna get their legs cut out underneath them and they agree to some entitlement reform measures that later on the White House decides. They don't want to support an election year. -- do you agree with what many annual parties say publicly constantly that's. President Obama doesn't -- -- want the -- committee to succeed wanted to -- In order to be able to run against a do nothing congress. Why -- again I hate question in people's motives but I do believe there's it's political strategy involved here and I certainly think the president would like to run against the do nothing congress but I hope that doesn't stand in the way of meaningful legislation and particularly out of the super committee -- -- -- I have to remain confident that there are folks in both parties who want to put Americans back to work who want to deal with our deficit in the wanna do it in a responsible way. We need to pay attention to the 99% of Americans. Whose economic picture has not gotten brighter in the last decade who haven't really deeply benefited from the significant tax cuts there were enacted under the previous administration. And we have to look at a fiscal solution that will put everything on the table. That we'll get our economy moving again and they'll put a floor under the real anxiety out there in the world I think if we can focus. On the broader challenge. Which is finding at least four trillion dollars in the next decade in savings in deficit reduction. Stabilize our debt deal with our deficits we can strengthen our economy. If it simply stays a zero sum game a fight between. No defense cuts are no reforms to entitlement no raising taxes or no increase in revenue through comprehensive tax reform. No investment to grow our economy. We will simply continue to sink as a country and we all risk I think a double dip recession. One of the finest senators quote Republican recently said isn't this super committee if this congress -- come up. -- one point two trillion dollars in deficit -- Then that's a complete failure of leadership and it he said we deserve to be downgraded. Just what an indictment using it is -- to be downgraded if it doesn't what. I understand the point he's making and to the point he's making is that it it would be an indictment on our political process. And on the -- of them willingness of the political class in America. The deal -- -- significant issues that by the way didn't crop up overnight. Musicians have been going on for -- while we knew this day was coming and we know what lies ahead we need to look no further than Europe to understand what lies ahead. Unless we take these issues seriously says -- -- -- -- to be downgraded if this doesn't work. Well I'm I'm certainly hopeful that all of us in Washington we'll take very seriously the caution that we've gotten from the bond rating agencies. Now what's unfolding in Europe ought to be really concerning to everybody. In this country. Right now Greece and Ireland and Iceland and other countries in Europe have a math problem there economies can't possibly produce enough surplus enough revenue. To deal with their debts in the short term. Today in America we have a leadership problem but we still have the opportunity. To right our ship to make a bipartisan compromises we need to to get our economy back on track. By dealing with a very significant challenges that face us in terms of the size of federal spending and the absence of -- a federal revenue. Where we can just get past the partisan divides if we can make some -- and responsible compromises we can fix our books we can get on the right path. And we can strengthen our economy in a way that would allow us to grow forward. Senator Chris -- -- and Marco Rubio thank you very much indeed for joining me thank you thank you.

This transcript has been automatically generated and may not be 100% accurate.

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