Page 42 - 2 News Today

Minute the president tried to change that to take it to $1.2. the tick tock, the paperwork will tell us whos telling the truth about that. >> thats right, lawrence, a lot of people are anxiously awaiting the paperwork. senior white house officials just briefed us on more reasons why these talks may have broken down. to your point, both sides agreed toer $800 billion in new tax revenue. let the bush tax g cuts expire, then the issue of extra $400 billion. speaker boehnor said that was a new figur...

>> reporter: that is one fear. you talk to democrats familiar with the way these negotiations have gone, and theyll say, look, this first $1.2 2r8 trillion, the first round ever cuts they have in their plans are almost identical. off a little on the pentagon but mostly dent t lly i identical. thats agreed to. whether in the -- whatever version you kim come up with those cuts remain the same. the second round of cuts democrats said theyd be for if it comes with significant movement on the revenue...

You talk to democrats familiar with the way these negotiations have gone, and theyll say, look, this first $1.2 2r8 trillion, the first round ever cuts they have in their plans are almost identical. off a little on the pentagon but mostly dent t lly i identical. thats agreed to. whether in the -- whatever version you kim come up with those cuts remain the same. the second round of cuts democrats said theyd be for if it comes with significant movement on the revenue/tax issue, and if there is no ...

Budget amendment be ratified. >> the president earlier today, and it is not the first time, said we will get to the point where maybe august 2nd social security checks will not be mailed out trying to tug at the american people to say you will pay for it right away if we did not do something by august 2nd. >>guest: in, i think the american people are better in followed about washington, dc than any time in my or your lifetime so, a lot of these old tactics. look we have a couple of trillion comi...

Latest updates on this topic.

Latest updates on this topic.