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Rep. Alan Grayson Insists 'There Is No Fiscal Crisis'

Rep. Alan Grayson says the president is wrong for considering cuts to Social Security and Medicare.

That's why we love him. He doesn't care about going along with the leadership, he doesn't care about what the Very Serious People think, he just cares about what happens to people like us. Unfortunately, there aren't many Democrats we can count on who will hold fast and protect the safety net. Instead, they fall for the false binary choice that's presented between OMIGOD SEQUESTER and "a little teeny tweak to the benefit increases."

Grayson's comments came after a meeting between Senate Democrats and President Obama, in which Obama shrugged off concerns about chained CPI and possible cuts as a "moot point," since Republicans weren't offering enough revenue. (See what Obama did there?) This meeting, of course, was held right after what was described as a "productive" meeting between Obama and assorted Republicans, where he continued to offer them entitlement cuts and promised to challenge the Democratic opposition to said cuts.

Seems like our president is playing us. I'm glad we have people like Grayson, who tell us the truth:

Rep. Alan Grayson, D-Fla., joins John Fugelsang on “Viewpoint” to weigh in on news that President Obama told Senate Democrats he was open to considering cuts to such federal programs as Social Security and Medicare. “I take no pleasure in saying this because the president is my president — I voted for him twice and he’s the leader of my party — but on this regard, the president is wrong,” Grayson says.

Grayson also shares his thoughts on the Congressional budget battle. “This terrible preoccupation with austerity, with deficits, with debt is mistaken,” Grayson says. “The government has never been able to borrow at such low rates for my entire lifetime, in fact, going back 100 years, the government’s never been able to borrow at 2 percent before — that’s what the rates are these days — and that just shows you that there is no fiscal crisis. … We’ve simply given in to the Republican mindset of crises.”

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