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Obama Interview "We're Out of Money"

Obama Interview "We're Out of Money"

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Published by abhii
C-SPAN host Steve Scully broke from a meek Washington press corps with probing questions for the new president. SCULLY: You know the numbers, $1.7 trillion debt, a national deficit of $11 trillion. At what point do we run out of money? OBAMA: Well, we are out of money now. We are operating in deep deficits, not caused by any decisions we've made
C-SPAN host Steve Scully broke from a meek Washington press corps with probing questions for the new president. SCULLY: You know the numbers, $1.7 trillion debt, a national deficit of $11 trillion. At what point do we run out of money? OBAMA: Well, we are out of money now. We are operating in deep deficits, not caused by any decisions we've made

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Published by: abhii on May 23, 2009
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Host: Steve ScullyTape Date: Friday, May 22, 2009Air Date/Time: Saturday, May 23 at 10:00 am ET
 © NCSCCopyrighted material -- Use with attribution only
Please contact Howard Mortman in C-SPAN's Media Relations Department at202-626-6527 or hmortman@c-span.org for questionsNOTE: C-SPAN should appear in all-caps because it is an acronym for CableSatellite Public Affairs Network
Uncorrected transcript provided by Morningside Partners. C-SPAN uses its best efforts to provideaccurate transcripts of its programs, but it can not be held liable for mistakes such as omittedwords, punctuation, spelling, mistakes that change meaning, etc.
STEVE SCULLY, POLITICAL EDITOR, C-SPAN: Mr. President, as we speak to you in the White House Library, aconstitutional lawyer, former law professor, as you work through the process for you personally in selecting theSupreme Court nominee, what are you thinking?BARACK OBAMA, PRESIDENT OF THE UNITED STATES: Well, there are some benchmarks that you have tomake sure that you hit. Obviously, you want somebody who is highly qualified, who knows the law. I want somebodywho, obviously, has a clear sense of our constitution and its history and is committed to fidelity to the law.Is going to make their decisions based on the law that's in front of them, but as I've said before, I think it's alsoimportant that this is somebody who has common sense and somebody who has a sense of how American societyworks and how the American people live.And you know, I said earlier, that I thought empathy wasn't important quality and I continue to believe that. You haveto have not only the intellect to be able to effectively apply the law to cases before you.But you have to be able to stand in somebody else's shoes and see through their eyes and get a sense of how the lawmight work or not work in practical day-to-day living. And a good example of this, the Lilly Ledbetter case that cameup a while back, where the justice has I believe misinterpreted the law in closing the door to a lawsuit by a woman whohad worked for 20 years and had been paid less than her male counterparts.She didn't know that she was getting paid less, when she discovered it, she immediately filed suit to get back pay andthe suggestion was somehow that she should have filed suite earlier.Well, I think anybody who has ever worked in a job like that understands that they might not know that they werebeing discriminated against it. It doesn't make sense for their rights to be foreclosed.That's the kind of case, where I want a judge not only to be applying the law in front of them, but also to understandthat as a practical matter. A lot of times people have weak bargaining power.Now, in some ways it might cut the other way. I want a judge who has a sense of how regulations might affect thebusinesses in a practical way. And so, when they're interpreting a statute that they are saying, is congressional intentbeing met in this kind of circumstance. So, if there is a farm program somewhere, and you have somebody who cantake the time to learn about how farmers work that's helpful.So, in all these cases what I want is not just ivory tower learning. I want somebody who has the intellectual fire power,but also a little bit of a common touch and has a practical sense of how the world works.SCULLY: And that's what empathy is?Obama: Well that's what empathy is to me. And I think that that's – those criteria of common sense, practicality, asense of what ordinary Americans are going through everyday. Putting that in the mix, when the judges are looking atcases before them, it's very important.Keep in mind that, the Supreme Court by definition only gets the tough cases. And even at the Supreme Court level,probably 95 percent of the cases are going to be determined by some clear statutory language, a strong precedent.But there is going to be a 5 percent of the cases there, where the language is ambiguous, where the constitutionalprecedent is not clear. And in those situations you want a judge who has a sense of what's going on in the day-to-daylives of the American people and has some practical experience. And I'm confident that there are people who combineboth the intellectual qualities and the qualities of judgment and common sense that will make them a great SupremeCourt justice.SCULLY: Is it safe to say that an announcement in the next week or 2 with hearings in July?OBAMA: Well, I think it's safe to say that we're going to have an announcement soon. And my hope is, is that we canhave hearings in July so that we end up before Congress breaks for the summer – have somebody in place.
 One of the things I would prefer not to see happen is that these confirmation hearings drag on and somebody has to hitthe ground running and then take their seat in October without having the time to wrap their mind around the fact thatthey are going to be a Supreme Court Justice. I'd like to given them a little bit of lead time so that they can getprepared.SCULLY: Are you worried about that?OBAMA: No I am not worried. I think if you look at how this has worked in the past. Justice Roberts, Justice Alito, ittook them approximately 70 days to get confirmed from the time that they were announced. And yes, I think that's afair timeframe for us to work with as well.SCULLY: Is there a justice current or former that you look at as a role model, as kind of the characteristics that youwant in a Supreme Court justice?OBAMA: Well you know, I mean each justice I think brings their own qualities, and you know, there are some justiceswho are wonderful writers, even justices I don't agree with, Justice Scalia is a terrific writer, and makes reallyinteresting arguments.You have people like Judge – Justice O'Connor, who again, I might not have agreed with her on every issue, but youalways had a sense that she was taking the law and seeing what the practical applications of the law in this case. Shewasn't a grand theoretician, but she ended up having an enormous influence on the law as a whole.And on the other hand there are Justices like Brennan or Marshall, who really focused on the broader sweep of historyand came at a time during the Civil Rights movement, where they recognized the unique role that – the unique role thatcourts could play in breaking the political logjam that had locked out too many people in the political process.And so, different times call for different justices, each justice has their own strengths as well as weaknesses. And whatI just want to make sure of is that any justices I appoint are people who have not only the academic qualifications orintellectual capacity, but also the heart and the feel for how Americans are struggling in their day-to-day lives.And also, an appreciation I think for how, even though, we live in new times there are some time tested principlesembodied in our constitution that have to be respected.SCULLY: Let me follow-up on that, because you could have 2 or 3 more appointments in the next couple of years.OBAMA: Right.SCULLY: Is that the imprint that you want on the Supreme Court?OBAMA: I don't want to jump the gun. Obviously, nobody else has announced their retirements, but the criteria that Idescribed, a strong intellectual grasp of the law, an appreciation for the timeless principles of the constitution, and asense of common sense and compassion and empathy for ordinary Americans, so that everybody is heard. Those areall qualities that I think make for a great Supreme Court justice.SCULLY: William Howard Taft served on the court after his presidency, would you have any interest in being on theSupreme Court?OBAMA: You know, I am not sure that I could get through Senate confirmation.SCULLY: Mr. President, let’s move on to health care, because some of the same people who were at odds withPresident Clinton trying to block his initiatives 15 years ago are at the table today. What's changed?OBAMA: Well, a lot has changed. What hasn't changed is the ever escalating cost of health care. And so, people areseeing since '93 when we failed to reform health care that costs have continued to skyrocket.

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