By KATIE GLUECK
Newt Gingrich is slamming the looming fiscal cliff as “an artificial invention of Washington.”
“I think we ought to recognize this entire fiscal cliff is an artificial invention of Washington, created by people in the Congress and the presidency,” the former House speaker said Thursday on Fox News Channel’s “On the Record with Greta Van Susteren.”
He said that instead of battling over a massive reform deal, fiscal problems could be tackled incrementally.
“It can be broken down by them into a series of steps that can be taken without having to be rushed into one gigantic, last-minute, little-understood, with no hearings, one vote up or down [package],” Gingrich said. “I think it’s a terrible way to govern the United States.”
He also blasted the rhetoric surrounding the fiscal cliff.
“I think this whole fiscal cliff language is designed to maximize a sense of fear that’s nonsense,” Gingrich said. “The very same people, the Congress and the president, who invented the fiscal cliff — this is all an invention — could break it down into 12 foothills, or 15 foothills or 20 foothills. They could tackle one problem at the time.”
Gingrich called for transparency in the fiscal negotiations and downplayed the threat posed by the impending cliff.
“This ought to be out in the open,” the former presidential candidate said. “We’re rushing towards a secret deal made in secret meetings where nobody will know what’s going on, and then people will be told, ‘Boy, if you don’t vote for this, we’ll go over the cliff.’ Well, I think there are a lot worse things than going over a man-made cliff that I think is entirely artificial.”
Read more: http://www.politico.com/story/2012/11/newt-gingrich-fiscal-cliff-is-an-artificial-invention-84437.html#ixzz2Di9N3w6m