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Rep. McCotter: House GOP Did Its Job, Now It’s Time for Dems to Step Up

Fin - Daily Ticker - US

Tick Tock. Tick Tock.

That's the sound of Washington's budget countdown clock ticking down the days to another potential government shutdown.

After a temporary resolution -- including $4 billion in cuts -- was passed and signed by the President last week, Democrats and Republicans are nearly as far apart as ever on how to move forward on this year's budget.

The White House has proposed an additional $6.5 billion in cuts, but any more will likely be a sticking point with Senate Democrats, said Senate Minority Whip Dick Durbin (D-IL) over the weekend.

Tech Ticker's Aaron Task caught up with Congressman Thaddeus McCotter (R-MI.) last week to get his take on the budget debate. "The public knows that what we are doing is non-sustainable right now with the deficit and debt crisis and they want action taken," he says, emphasizing that Tea Party candidates ran and won the mid-term elections on a platform to cut $100 in spending from the budget this year.

The House came close to fulfilling that mandate last month when it passed legislation that would have stripped $61 billion from the budget. But Senate Democrats and President Obama would never allow for such drastic cuts so quickly in this economic climate.

As far as McCotter is concerned, House Republicans have come close to succeeding what they promised they were going to do. Now, he says, it is time for Democrats to demonstrate to voters how they propose to solve the fiscal crisis.

Meanwhile, he concedes that in one regard both parties have not done such a great job. "To a large extent both parties have failed to explain the context of the times of which we are in," McCotter tells Aaron in the accompanying clip. "If you don't show them what the end result is, it is just abstract pain."

For more on budget battle see:

Barney Frank: GOP Budget: Bad for Consumers...Investors and the Economy"

Michele Bachmann vs. Barney Frank: Reps Square Off on Budget, Economy