June 11, 2014 - Charles Schumer

  • Episode: 19117
  • (0)

Eric Cantor loses his primary election in a surprising upset, a Connecticut boy accidently brings a grenade to school, and Charles Schumer shares some news from Washington.

>> Jon: WELCOME TO THE DAILYSHOW.

MY NAME IS JON STEWART.

MY GUEST TONIGHT, NEW YORKSENATOR CHUCK SCHUMER, FORMER

STAR OF NBC'S ESPIONAGE COMEDY"CHUCK."

BUT FIRST, YOU KNOW, LOOK, WE'REALL FAMILIAR WITH THE HYPERBOLE

OF THE 24-HOUR NEWS CYCLE.

OH, BREAKING NEWS, WE FOUND THEPLANE.

OH, WE DIDN'T FIND THE...

ACTUALLY IT'S...

SORRY, IT'S A STYROFOAM CUP.

SORRY.

BUT YESTERDAY, YESTERDAYIT FINALLY LIVED UP TO THE HYPE.

>> STUNNING, EPIC UPSET INVIRGINIA.

>> HOUSE MAJORITY LEADER ERICCANTOR HAS NOW LOST HIS G.O.P.

PRIMARY TO TEA PARTY ACTIVISTDAVID BRAT.

>> AN UNDERDOG VICTORY ON BEHALFOF AN UNFUNDED NEWCOMER.

>> THIS IS SIMPLY UNPRECEDENTED.

>> THE HISTORY-MAKING SURPRISE.

>> DAVID OVER GOLIATH TIMES ATHOUSAND.

>> Jon: A THOUSAND! [LAUGHTER]

THIS IS WHAT YOU NEED TO DO. YOUNEED TO TAKE THE BIBLICAL

STRUGGLE OF ISRAEL'S FUTURE KINGDAVID AS HE, ARMED WITH BUT A

SLINGSHOT, SLAYED A LITERALGIANT WHOSE VERY NAME HAS BECOME

SYNONYMOUS WITH LARGE THINGS ANDMULTIPLY THAT BY A THOUSAND.

THAT, THAT... NO!

[CHEERING AND APPLAUSE]I EVEN THINK THAT'S UNDERSTATING

IT.

THAT WAS LAST NIGHT'S REPUBLICANPRIMARY IN VIRGINIA'S SEVENTH

DISTRICT. [LAUGHTER]

WHERE POLITICALNEWCOMER DAVID BRAT

DEFEATED THE SITTING HOUSEMAJORITY LEADER, AND I CAN

ONLY ASSUME FUTURE MILLIONAIRELOBBYIST, ERIC CANTOR.

CANTOR WAS BASICALLY THE FOURTHMOST POWERFUL REPUBLICAN IN

WASHINGTON BEHIND MITCHMcCONNELL, JOHN BOEHNER AND AN

AR-15 THAT FIRES BABY EAGLESDRESSED LIKE JESUS.

HOW, HOW...

[LAUGHTER]THAT'S... THEY SAID THE PICTURE

WON'T BE READY UNTIL THE SHOW.

AND I SAID, WELL, ALL RIGHT.

WHATEVER YOU CAN DO TO MAKE ITREALISTIC. THAT WOULD BE...

THAT'S REALLY QUITE LOVELY.

HOW THE HELL DID THIS HAPPEN?

>> HE HAD ALL THE NAMERECOGNITION.

HE OUTSPENT HIS OPPONENT 40-1AND STILL LOST BY AN ASTOUNDING

11 POINTS.

>> CANTOR'S CAMPAIGN SPENT MOREAT STEAK HOUSES THAN BRAT SPENT

ON HIS ENTIRE CAMPAIGN.

>> Jon: WELL, OKAY.

THAT MAKES SENSE.

IT'S VERY HARD TO CONDUCT YOURCAMPAIGN WHEN YOU GOT THE MEAT

SWEATS.

"MY BUDGET PLATFORM... BRRUFF...

LORD HAVE MERCY.

LET ME ASK YOU A QUESTION THERE,WHO IS THIS DAVID BRAT FELLOW?

>> HE'S A COLLEGE ECONOMICSPROFESSOR.

>> A 3.4 RATING OUT OF 5 ON RATEMY PROFESSOR DOT COM.

STUDENTS ALSO GAVE HIM A CHILLIPEPPER, MEANING HE'S CONSIDERED

PRETTY HOT, AS IN GOOD LOOKING.

[LAUGHTER]>> Jon: LOOKS LIKE CONGRESS

HAS A NEW McDREAMY.

STEP ASIDE, VERMONT SENATORBERNIE SANDERS.

ALL RIGHT.

I LIKE WHAT I'M SEEING FROM THISFELLOW, BUT IS HE MORE THAN

EYE CANDY?

>> THE REASON WE WON THISCAMPAIGN IS THERE IS JUST ONE

REASON, AND THAT'S BECAUSEDOLLARS DO NOT VOTE.

YOU DO.

>> Jon: WOW.

I LOVE THE SENTIMENT, ALTHOUGH,A CERTAIN SUPREME COURT MIGHT

DISAGREE WITH YOU, BUT I LIKETHE CUT OF HIS JIB.

WHAT ELSE YOU GOT THERE, FELLA?

>> LUKE 18:27.

JESUS REPLIED, "WHAT ISIMPOSSIBLE WITH MAN IS POSSIBLE

WITH GOD."

[LAUGHTER]>> Jon: DID NOT SEE THAT

COMING.

>> THIS IS A MIRACLE FROM GODTHAT THIS HAPPENED.

WE BELIEVE IN GOD WHO GAVE USTHIS MIRACLE TODAY.

I LOVE EVERY SINGLE PERSON THATGOD MADE ON THIS PLANET.

>> Jon: WE GET IT.

YOU BEAT A JEWISH GUY.

WE GET IT.

FINE.

WE'RE NOT AS CHOSEN AS WETHOUGHT WE WERE.

OKAY?

YOU KNOW WHAT'S INTERESTING,THOUGH? WHAT'S INTERESTING ABOUT

ABOUT THE JEWISH PEOPLE, IF IMAY, IS THAT

IF WE HAD ACHIEVED A VICTORYLIKE THIS ELECTION, THE NEXT DAY

THAT WOULD BE A NEW JEWISHHOLIDAY. THAT WOULD BE...

WE'D HAVE A, IT'D BE EIGHT DAYSAND WE'D COME UP WITH SOME

TYPE OF POTATO-ONION THING TOEAT, AND KIDS, KIDS WOULD HATE

IT.

SO WHAT STRATEGY DID GOD USETHERE TO DEFEAT THE PRO-LIFE

OBAMACARE-REPEALING,PRESIDENT-OBSTRUCTING, DEBT

CEILING, DEFAULT-RISKING, TAXLOOP-HOLE EMBRACING

GOVERNMENT SHUT DOWNING ERICCANTOR?

>> BRAT WENT AFTER CANTOR FORNOT STAYING TRUE TO CONSERVATIVE

PRINCIPLES.

>> HE TRIED TO SAY THAT INFACT ERIC CANTOR WAS TOO

LIBERAL. [AUDIENCE REACTS].

>> Jon: HE'S TOO LIBERAL?

YES, NO I IMAGINE YOU COULDHAVE SAID ERIC CANTOR WAS TOO

LIBERAL PRE-ENLIGHTENMENT.

CERTAINLY DURING THE MIDDLE AGESCANTOR'S VIEWS ON ACCEPTING

GRAVITY WOULD BE CONSIDEREDDANGEROUS.

HOW IS THIS CAT TOO LIBERAL?

>> IMMIGRATION REFORM, THAT ISTHE ISSUE THAT DAVE BRAT, TRIED

TO HAMMER ERIC CANTOR WITH INTHE PAST FEW MONTHS.

>> AND IT IS TIME TO PROVIDE ANOPPORTUNITY FOR LEGAL RESIDENTS

AND CITIZENSHIP FOR THOSE WHOARE BROUGHT TO THIS COUNTRY AS

CHILDREN AND WHO KNOW NO OTHERHOME.

>> Jon: COMMUNIST!

[LAUGHTER]GET BACK IN YOUR HYBRID CAR THAT

RUNS ON NPR TOTE BAG COMPOST ANDOLD LILITH FAIR POSTERS.

AND WHATEVER THE BIPRODUCTS OFSTEAK ARE.

HOW DID YOU SPEND $168,000 ONSTEAK?

I MEAN, HOW MANY SIDES CAN YOUORDER?

THERE'S CREAMED SPINACH, HASHBROWNS.

LET ME ASK YOU A QUESTION, ERICCANTOR, THE TOWER OF SEAFOOD

THAT YOU ORDERED AT THE STEAKPLACE, WAS RAPUNZEL LIVING AT

THE TOP OF IT?

BECAUSE THAT'S... ALL RIGHT.

SO, 65,000 PEOPLE IN ONECONGRESSIONAL DISTRICT IN

VIRGINIA HAVE OVERTHROWN ACLEARLY ARROGANT AND

UNSUSPECTING INCUMBENT.REALLY HARD TO DRAW ANY BROADER

LESSONS CONSIDERING LINDSEYGRAHAM, WHO IS MORE SUPPORTIVE

OF IMMIGRATION REFORM THANEVEN CANTOR, EASILY DEFEATED HIS

TEA PARTY OPPONENTS. THEN AGAIN,I DON'T HAVE 24 HOURS OF NEWS TO

FILL, SO TO THE BROADER LESSONMOBILE!

>> THE VOTERS ARE SIMPLY ANGRY.>> PEOPLE DON'T LIKE THE STATUSQUO.

>> THE BIG MESSAGE FORWASHINGTON IS THAT NOTHING IS

GOING TO GET PASSED INANY FORM OF LEGISLATION.

>> THERE'S NO CHANCE FORCOMPROMISE.

>> COMPROMISE?

FORGET ABOUT IT.

>> IMMIGRATION REFORM IS NOWDEAD IN CONGRESS.

>> I THINK IT'S EVEN DEADER.

>> IT'S GOING TO BE VERYDANGEROUS NOW FOR REPUBLICANS TO

TALK TO DEMOCRATS.

>> Jon: OH, NO.CONGRESS' CURRENT GOLDEN AGE OF

COOPERATION AND PRODUCTIVENESSIS OVER.

[CHEERING AND APPLAUSE]WE'LL BE RIGHT BACK.

>> Jon: WELCOME BACK.

NOW, OBVIOUSLY YESTERDAY INOREGON THERE WAS A TERRIBLE

TRAGEDY, ANOTHER SCHOOLSHOOTING, A STUDENT DEAD AND A

TEACHER WOUNDED.

>> BREAKING TONIGHT, A STUNNINGDEVELOPMENT.

>> I... YOU CAN SEE I'MSPEECHLESS.

>> THIS IS SOMETHING A LOT OFPEOPLE NEVER SAW COMING.

>> IT IS A SHOCK.

>> NUMB FROM THE SHOCK.

>> Jon: I'M SORRY THAT

WAS THE MEDIA RESPONDING TO ANINCUMBENT ACTUALLY LOSING AN

ELECTION.

THIS IS HOW THEY REACTED TOANOTHER SCHOOL SHOOTING.

>> ANOTHER DAY, ANOTHER SCHOOLSHOOTING.

>> ANOTHER DAY, ANOTHER SCHOOLSHOOTING.

THIS STORY IS GETTING OLD.

>> Jon: WHAT ARE YOU GOING TODO?

IT'S NOT LIKE AN INCUMBENT LOSTAN ELECTION.

I MEAN, THAT... THIS IS HOWINURED WE'VE BECOME TO THE

VIOLENCE. THERE HAVEBEEN 74 SCHOOL

SHOOTINGS IN JUST THE 18 MONTHSSINCE NEWTOWN. 74!

YOU COULD NAME EVERY BASKINROBINS FLAVOR FOR EACH ONE, AND

NOT ONLY WOULD YOU STILL HAVEPLENTY LEFT OVER, YOU WOULD BE

THE OWNER OF THE WORLD'S MOSTDEPRESSING ICE CREAM PARLOR.

NOW, OBVIOUSLY THERE'S NO WAYTO COMPLETELY ESCAPE THIS.

BUT, WE CAN AT LEAST TAKE ASADNESS BREAK, FEATURING STORIES

THAT SOUND LIKE THEY WOULD ENDVIOLENTLY BUT DON'T.

IN OUR NEW SEGMENT, "YEAH, WE'LLTAKE IT."

>> A CONNECTICUT MOTHER IS UNDERARREST, ACCUSED OF ALLOWING HER

CHILD BRING A GRENADE TO SCHOOL.

>> Jon: I SEE YOU TENSING UP.

HANG IN THERE. TRUST ME.

>> LISA MIGUEL'S 12-YEAR-OLDSON BROUGHT HIS GRANDFATHER'S

MILITARY SOUVENIR FORSHOW-AND-TELL AT THE STRATFORD

ACADEMY.

HER MOTHER THOUGHT IT WAS A DUD,BUT THE STATE POLICE SAYS IT WAS

A LIVE SIMULATOR GRENADE,WHICH CAN BLOW UP AND INJURE

PEOPLE WITHIN A 20-FOOT RADIUS.

>> Jon: SEE? HE WASN'TTHREATENING HIS CLASSMATES.

HE JUST HAD A LIVE GRENADE BYACCIDENT.

WE'LL TAKE IT.

[LAUGHTER]PRETTY GOOD SHOW-AND-TELL.

YOU GOT TO ADMIT.

ALL RIGHT.

SO,

WE'LL MOVE ON TO OUR NEXT STORYIN... OH, BOY, HIGH DEGREE OF

NON-SADNESS DIFFICULTY.

FLORIDA.

>> THIS PUBLIX PARKING LOT ONOAKLAND PARK BOULEVARD IS WHERE

THE ROAD RAGE STARTED.

>> Jon: OH, BOY.FLORIDA, ROAD RAGE.

I THINK I SEE WHERE THIS ISGOING, AND IT'S A VERY DARK

PLACE.

>> GALATIS SAID IN THISSTATEMENT THAT HE FELT

THREATENED BY THE DRIVER AND THEPEOPLE INSIDE THE CAR.

>> Jon: OH, BOY. EONSOF NATURAL SELECTION HAVE HONED

MANY SPECIES INTO HYPEREFFICIENTKILLERS, CHIEF AMONG THEM

THE THREATENED FLORIDIAN.

I'M JUST GOING TO WRITE DOWN ABODY COUNT RIGHT HERE AND WE'LL

JUST SEE HOW CLOSE I CAN GET.

>> THE DRIVER STATED THAT SHEWAS UPSET THAT T. GALATIS CALLED

HER AND THE PASSENGERS IN HERVEHICLE THE "N" WORD AND DID NOT

WANT HIM TO GET AWAY WITH IT.

>> Jon: OH, AND THE N-WORD ISINVOLVED.

I'M JUST GOING TO ADD A ZERO TOMY ORIGINAL ESTIMATION.

MAYBE TWO. ALRIGHT, HOW MANYFUNERALS ARE WE PLANNING HERE?

>> WHILE USING RACIAL SLURS ISOBVIOUSLY OFFENSIVE, IT IS

NOT A CRIME, SO NOCHARGES HAVE BEEN FILED.

>> Jon: WHAT?

THIS WHOLE CONTROVERSY ISNOW ONLY ABOUT A RACIAL SLUR?

FLORIDA, ROAD RAGE AND A WHITEGUY FEELING THREATENED ALL GOT

TOGETHER IN A SINGLE STORY ANDNOBODY WAS MURDERED?

FLORIDA, I HAVE NEVER BEENPROUDER OF YOU.

[CHEERING AND APPLAUSE]HOW DID THIS MIRACLE HAPPEN?

YOU KNOW WHAT? LET'S...WHY DON'T WE... WHY DON'T WE

HEAR FROM THE WIFE OF THEACCUSED "N" WORD USER.

>> I READ THE POLICE REPORT.

IT SAYS THAT YOUR HUSBAND USEDTHE "N" WORD.

>> AND WHAT DID THEY SAY TO ME?WHITE [BLEEPED], I'LL SLICE YOUUP.

>> SO DID HE USE THE "N" WORD?

DID YOU GUYS AT ANY POINT USETHE "N" WORD?

IS IT OKAY TO USE THE "N" WORD?

>> Jon: ON A SCALE OF 1 TO 10,HOW WOULD YOU RATE THE "N" WORD?

WOULD YOU RECOMMEND THE "N" WORDTO A FRIEND?

IF THE "N" WORD AND THE "C" WORDWERE BOTH DROWNING IN A LAKE AND

YOU ONLY HAD TIME TO SAVE ONEWORD, WHICH WORD, MA'AM, WHICH

WORD WOULD YOU SAVE, "C" WORDOR... I'M GOING TO PUT YOU DOWN

FOR [BLEEPED].

ALL RIGHT.

WHAT'S NEXT?

I'M ON A ROLL, BABY.

>> THE LARGEST AIRPORT INPAKISTAN WAS BURNING THROUGH THE

NIGHT, A STUNNING ATTACK ON THECARGO TERMINAL OF KARACHI

AIRPORT BY MEN WEARING SUICIDEVESTS, ARMED WITH MACHINE GUNS

AND ROCKET LAUNCHERS.

AT LEAST 23 PEOPLE HAVE BEENKILLED.

>> Jon: WAIT.

THAT'S JUST HORRIBLE IN EVERYWAY.

HOW IS THAT?

NO, NO,, NO TAKE THAT OUT OF.

THERE THERE'S NO WAY.

WE'RE NOT TAKING THAT.

THAT'S A TRAGIC INCIDENT.

I'M NOT GOING TO PUT A POSITIVESPIN ON THAT.

THAT'S APPARENTLY THE JOB OF THEPAKISTANI GOVERNMENT.

>> WE WERE ABLE TO BLOCK THESETERRORISTS AND WERE ABLE TO

MINIMIZE THE DAMAGE DONE TO OURAIRPORT.

>> SO YOUR GOVERNMENT REGARDSTHIS AS A SUCCESS STORY?

>> WHAT I HAVE SHARED WITH YOU,THE INTENT AND THE PLANNING AND

THE AMOUNT OF WEAPONRY THAT WASRECOVERED THAT THESE PEOPLE ARE

UNABLE TO USE AGAINST THEAIRPLANE, THAT SHOWS IT WAS A

SUCCESS.

>> Jon: LET ME GET THISSTRAIGHT BECAUSE THE TALIBAN

DIDN'T GET TO DETONATE ALL OFTHEIR EXPLOSIVES, YOU'RE PUTTING

THIS ONE IN THE WIN COLUMN.

ALL RIGHT.

PRETTY WIDE DEFINITION OFVICTORY.

IT'S LIKE SAYING, SURE, GODZILLADESTROYED SAN FRANCISCO, BUT I

DON'T SEE A GIANT, RADIOACTIVE[BLEEPED] ON THE RUBBLE.

ALRIGHT, THIS HAS GOTTEN WAY TOODARK. LOOK, WE WERE SUPPOSED TO

BE LOOKING AT RELATIVELYGOOD NEWS.

GIVE ME SOMETHING I CAN WORKWITH.

>> ON THE HUNT FOR AN INTRUDER,POLICE IN BRIGHTON ARE LOOKING

FOR A SUSPECT WHO'S BREAKINGINTO HOMES NEAR BOSTON COLLEGE.

>> Jon: I DON'T THINK THIS ISGOING TO GO WELL.

>> POLICE SAY THE SUSPECT BREAKSIN BUT DOESN'T TAKE ANYTHING.

VICTIMS SAY HE JUST TICKLESTHEM, THEN TAKES OFF.

[LAUGHTER AND APPLAUSE]>> Jon: THANK YOU, BOSTON

WEIRDO, YOU'VE SAVED THEDAY. BECAUSE WHILE

YOU MAY BE TERRORIZING THEPEOPLE OF BOSTON FOR YOUR OWN

CREEPY GRATIFICATION, AT LEASTYOU'RE TRYING TO MAKE PEOPLE

LAUGH.

[LAUGHTER]WE'LL TAKE IT.

WE'LL BE RIGHT BACK.

>> WELCOME BACK.

MY GUEST TONIGHT IS THE SENIORUNITED STATES SENATOR

REPRESENTING THE GREAT STATE OFNEW YORK.

JOINING US VIA SATELLITE FROMWASHINGTON, D.C., WELCOME BACK

TO THE PROGRAM SENATOR CHUCKSCHUMER.

SENATOR, THANK YOU SO MUCH FORJOINING US.

>> HI, JON.

GOOD TO BE HERE.

>> HEY, FIRST OF ALL, SENATOR,OBVIOUSLY THE GIANT NEWS DOWN

THERE IS THAT ERIC CANTOR HASLOST HIS SEAT.

I KNOW THAT HE IS A REPUBLICAN,BUT HE'S ALSO JEWISH IN THAT

INSTANCE.

DO YOU AND DEBBIE WASSERMANSCHULTZ DO YOU, IF I MAY SAY,

DO YOU POUR OUT A LITTLEMANISCHEWITZ FOR A HOMIE?

IS ANYTHING THAT IS DONE THERE?

>> NOT MUCH. NO.

>> Jon: NOT MUCH.

ALL RIGHT. NO LOVE LOST.

NO HAMANTASCHEN. NOTHING.

SO LISTEN, YOU WERE SUPPOSED TOOBVIOUSLY BE JOINING US HERE IN

NEW YORK.

YOU HAD TO STAY DOWN IN D.C.

BECAUSE OF A VOTE THAT WASANNOUNCED.

WHAT, WHAT, WHAT WAS THAT ABOUT?

>> WELL, IT WAS ACTUALLY ONE OFTHE SMALL BITS OF GOOD NEWS THAT

COMES OUT OF WASHINGTON.

WE VOTED TO PUT MONEY INTO THEVETERANS' HOSPITALS TO DEAL WITH

THE PROBLEMS THAT WE'VE READABOUT.

THESE FOLKS WENT OVERSEAS, WEREINJURED, AND THEY DESERVE TO BE

TREATED AS BEST WE CAN.

AND, THIS BILL WILL HELP MAKETHAT HAPPEN.

IT WAS BIPARTISAN.

BERNIE SANDERS, LIBERALDEMOCRAT, JOHN MCCAIN,

CONSERVATIVE REPUBLICAN GOTTOGETHER.

SO, IT WAS A RARE GOOD MOMENT.>> Jon: WHAT? THAT'S...

[CHEERING AND APPLAUSE]>> Jon: THAT'S EXCELLENT.

NOW, IS THAT, IS THAT BILL...OBVIOUSLY I'M NOT FAMILIAR WITH

THE DETAILS OF THAT.

IS THAT CALLED THE 2014 "OH MYGOD, WHAT TOOK US SO LONG" BILL?

>> YOU MIGHT SAY THAT, YES.

>> Jon: IT IS UNBELIEVABLE ATTIMES WHAT IT TAKES TO GET SOME

KIND OF AGREEMENT.

I MEAN, THIS SCANDAL IS ABOUT ASEGREGIOUS AS YOU COULD POSSIBLY

GET.

>> ABSOLUTELY.

>> Jon: AND, HAS THIS TYPE OFFUNDING COME UP PREVIOUSLY AND

NOT BEEN ABLE? OR IS, OR IS...

>> YES.

>> Jon: OR IS THE BUREAUCRACYSO SCREWED UP THAT IT WOULDN'T

MATTER ANYWAY?

>> YEAH, WELL, NO. SENATORSANDERS ACTUALLY HAD A BILL ON

THE FLOOR A FEW MONTHS AGO ANDIT WAS DEFEATED, BUT AFTER THE

SCANDAL CAME ABOUT AND PEOPLE

SAW HOW AWFUL THE TREATMENT WAS,IT WAS PASSED.

AND, I'M GLAD IT WAS.

WE WORKED HARD TO PASS IT THEFIRST TIME.

WE FAILED.

SOMETIMES IN WASHINGTON YOU GOTTO KEEP TRYING AND YOU CAN

FINALLY GET SOMETHING DONE.

>> Jon: RIGHT. I THINK THE KEYWORD THERE WOULD BE "SOMETIMES."

SO WHAT WHAT ELSE, WHAT ELSE ISGOING ON DOWN THERE?

DO YOU HAVE... I KNOW THERE'S ACOLLEGE LOAN PROPOSAL.

THAT ALSO CAME UP TODAY.

>> WELL. WELL, YEAH THAT'STHE... THAT'S THE BAD NEWS.

IT WAS HARD TO BELIEVE, BUT WEDID NOT GET ENOUGH VOTES ON THE

OTHER SIDE OF THE AISLE TO PASSIT.

IT WAS BLOCKED.

YOU KNOW, THERE ARE 40 MILLIONYOUNG PEOPLE IN AMERICA, I'LL

BET MANY ARE IN YOUR AUDIENCE,WHO OWE AN AVERAGE OF $30,000 IN

STUDENT LOANS.

>> Jon: DID YOU JUST CALL MYAUDIENCE DEADBEATS?

>> NO.

THEY'RE JUST TRYING SURVIVE LIKEEVERYBODY ELSE.

>> Jon: BUT WHEN YOU SAY IT'SHARD TO BELIEVE, YOU DIDN'T

ACTUALLY THINK THIS WOULD PASS,DID YOU?

>> WELL, WE HOPED IT WOULD.

THERE WAS SOME TALK THAT SOMEENOUGH REPUBLICANS WOULD JOIN

US. ONLY THREE DID.BECAUSE IT'S SO OBVIOUS,

THE GOVERNMENTIS ACTUALLY CHARGING YOUNG

FAMILIES, YOUNG PEOPLE WHO AREJUST OUT OF COLLEGE DOUBLE THE

GOING INTEREST RATE.

INSTEAD OF THE 3.5% THEY SHOULDCHARGE, THEY'RE CHARGE 7%.

THE PRIVATE BANKS ARE CHARGINGUP TO 14%.

SO PEOPLE WITH THIS HUGE BURDENOF DEBT ON THEIR BACKS ARE

PAYING MUCH MORE INTERESTTHAN THEY HAVE TO.

ALL WE WANT DO IS BRING ITDOWN TO THE 3.8% THAT IS THE

GOING INTEREST RATE.

YOU WOULD THINK EVERYBODY WOULDTHINK THAT WOULD BE FAIR AND

GOOD THING TO DO.

>> Jon: RIGHT. THEY DIDN'T..

WASN'T THE OBJECTION THAT THEYWERE GOING TO PAY FOR IT WITH

THE BUFFETT RULE, WHICH EVEN YOUSAID IS A NON-STARTER.

THAT'S NEVER GOING TO PASS.

>> WELL, IT SHOULDN'T BE ANON-STARTER.

IT SIMPLY SAYS THAT PEOPLE WHOHAVE INCOMES OF OVER $1 MILLION

SHOULD PAY THE SAME TAX RATE ASMOST EVERYBODY ELSE PAYS, 30%,

AND YOU SHOULDN'T USE THELOOPHOLES. BUT WE TOLD THEM, IF

YOU HAVE ANOTHER WAY TO PAY FORIT, GIVE US AN EXAMPLE.

GIVE US SOMETHING TO WORK WITH.

AND THEY DIDN'T.

YOU KNOW, WHAT HAPPENS HERE ISTHAT THE HARD RIGHT SAYS

THEY DON'T WANT GOVERNMENT DOINGANYTHING, EVEN HELPING PEOPLE

GET FAIR INTEREST RATE, A FAIRSHOT AT A GOOD INTEREST RATE.

AND TOO MANY OF THE REPUBLICANSFOLLOW THEM.

>> Jon: WHAT ABOUT... THEOTHER PLAN I THINK IS THE PETTRY

PLAN.

IT'S A SIMPLIFIED VERSION OF ANOBAMA PLAN THAT WOULD ALLOW

STUDENTS TO HAVE THEIR PAYMENTSPRORATED TO THEIR INCOME AND

THEN WITH A FORGIVENESS.

THAT SEEMS LIKE AN INTERESTINGPROPOSAL.

>> IT IS.

>> Jon: DOES THAT HAVE ANYLEGS?

>> WELL, IT MIGHT.

YOU'D SAY YOU DON'T PAY FORCOLLEGE IT'S SO EXPENSIVE.

THERE ARE SO MANY PEOPLE WHO GETINTO COLLEGE AND THEN CAN'T

AFFORD IT AND DON'T GO OR DROPOUT.

>> Jon: RIGHT.

>> AND, THIS WOULD SAY INSTEADOF PAYING UP FRONT, YOU PAY

ABOUT 3% OF YOUR INCOME.

IF YOU DO VERY WELL, DO YOU AWHOLE LOT.

IF YOU DON'T DO THAT WELL, YOUDON'T PAY THAT MUCH.

IT'S A VERY INTERESTING IDEAWE'RE EXPLORING.

I THINK IT MAKES SOME SENSE.

>> ARE WE GOING BACKWARDS HERE?YOU KNOW,

WHY HAS COLLEGE EDUCATION GONEUP SO MUCH COMPARED TO ALMOST

ANY OTHER COMMODITY?

IS IT THE ADMINISTRATIVE COSTS?

IS THERE ANYTHING THAT CAN BEDONE TO REIGN IN THE COST OF

COLLEGE?

IT SEEMS INEXPLICABLE THAT IT'SBECOME SO EXPENSIVE?

>> IT DOES.

WHEN I WENT TO COLLEGE.

MY FATHER WAS AN EXTERMINATOR.

I WAS ABLE TO AFFORD COLLEGEFROM A FAMILY THAT DIDN'T HAVE

MUCH MONEY.

IF WE WERE... IF I WAS YOUNGTODAY, I WOULDN'T BE ABLE

TO AFFORD IT. AND THECOST HAS GONE UP MUCH MORE

THAN JUST ABOUT ANYTHING ELSE.

SO THERE'S SOME TALK OF SAYINGTHAT COLLEGES WON'T GET AID IF

THEIR TUITION GOES UP HIGHERTHAN THE RATE OF INFLATION.

>> Jon: IT'S GONE UP FARBEYOND THE RATE OF INFLATION.

>> YEAH YEAH, SO WE WOULD IMPOSETHAT.

NOW, YOU HAVE TO MAKEEXCEPTIONS.

WHAT IF THEY HAD A BIG BUILDINGPROGRAM OR SOMETHING LIKE THAT,

BUT WE HAVE TO DO SOMETHINGABOUT THE COST OF COLLEGE.

IT'S BECOMING... COLLEGE ON THEONE HAND IS BECOMING MORE AND

MORE OF A NECESSITY AND IT'SBECOMING LESS AND LESS OF

REALITY TO PEOPLE BECAUSEIT'S SO DARN EXPENSIVE

THAT EVEN PEOPLE WELL INTO THEMIDDLE CLASS CAN'T AFFORD IT.

BUT FOR THE MOMENT, AT THE VERYLEAST TO SAY PEOPLE SHOULD PAY

AN AVERAGE INTEREST RATE, YOUCAN REFINANCE YOUR HOME, YOU CAN

REFINANCE YOUR CAR, BUT THEFEDERAL GOVERNMENT DOESN'T ALLOW

YOU TO REFINANCE YOUR COLLEGELOAN AND YOU'RE PAYING TOO MUCH?

WHY SHOULDN'T WE DO THAT?

I WOULD HOPE... WE'LL KEEP GOINGAT IT.

WE'RE GOING TO BRING THISBILL UP OVER AND OVER AGAIN.

I HOPE PEOPLE WHO ARE WATCHINGWILL E-MAIL THEIR SENATORS AND

CONGRESSMEN AND SAY, FOR GODSAKES, LET'S PASS THIS.

>> OK GIVE US, WHAT'S YOURE-MAIL?

[CHEERING AND APPLAUSE]SENATOR, THANK YOU FOR JOINING

US.

NEXT TIME YOU CAN COME AND JOINUS IN PERSON UNLESS OBVIOUSLY

THERE'S PRESSING SENATEBUSINESS.

I'M JUST KIDDING OF COURSE.

>> I'D LOVE TO BE WITH YOU INPERSON.

>> THANKS VERY MUCH.

>> THANK YOU.

>> SENATOR CHUCK SCHUMER.

WE'LL BE RIGHT BACK.

>> Jon: THAT'S OUR SHOW.

JOIN US TOMORROW NIGHT AT 11:00.

HERE IT IS YOUR MOMENT OF ZEN.

>> RIGHT NOW THERE ARE 230 HOUSEREPUBLICANS WAKING UP AND

PRAYING THEY DO NOT HAVEERIC CANTOR'S POLLSTER.

HONESTLY, AND I'M ONE OF THEM,WE REPUBLICAN POLLSTERS SUCK.

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