Page 3 - Automatic Spending Cuts News Today

Saying it will be their fault if automatic spending cuts hit last week. a top republican says the president should look in the mirror if he wants someone to blame. our panel will take this on fair and balanced. bill: look at this video. this is propoganda warfare out of north korea. a chilling video showing president obama and u.s. troops in flames. how that regime says it will take the next step toward nuclear domination. well get into that. martha: incredible. a very feisty town hall meeting. ...

>> what government is actually capable of doing? i mean, you talk about the economy and jobs. there is, obviously, debate how many jobs have actually been created in the economy. look. you pointed out to apple ceo, tim cook was in the audience in the state of the union. he is sitting on over 171 million dollars in cash at apple. why? because uncertainty in the marketplace. tom friedman writing this morning something that caught my eye. he said you can feel the economy wants to launch but washing...

>> congratulations to danica, what an accomplishment in nascar. >> in a couple of weeks, a federal government will see the budget slabbed by $85 belt with a new round of automatic spending cuts. there could be a series of new tax hikes that republicans are strongly opposed to. so, what will we find? what will happen in the next couple of weeks? we bring back our political insiders, john leboutillier, pat caddell, and doug schoen. gentleman, i start with the sequestration. the white house chief o...

Seeing consumer confidence strengthen and that is what we should be focused on. this isnt a spending fight for us. this is a fight whether we will make the investments in middle class families in this country in education, in science and technology and food inspections and those kinds of things. >> what government is actually capable of doing? i mean, you talk about the economy and jobs. there is, obviously, debate how many jobs have been created in the economy. look. you pointed out to apple ti...

Meanwhile, how is this for valentines day? [ laughter ] >> with automatic spending cuts about to kick in, republicans and democrats keep slapping each other around. why are so many of you saying thats not necessarily bad news? [ male announcer ] any technology not moving forward is moving backward. [ engine turns over, tires squeal ] and youll find advanced safety technology like an available heads-up display on the 2013 lexus gs. theres no going back.

Nancy pelosi earlier today was actually the other day that you pretaped it, she seemed to indicate that democrats are bound and determined to raise taxes again. >> absolutely. you know, it is the old line the president used it during the campaign, balanced approach. it cant all be spending cuts, it has to be spending cuts and also some tax increases on the wealthy and look, it worked for them in the campaign. it worked during the argument over the fiscal cliff. i think and you see the president ...

City. areas of connecticut had 2 1/2 to 3 feet of snow. it will be awhile before theyre cleared out. the airports are open here. but again flights are limited. you hope to get everything back into schedule as we head into this afternoon and into your sunday. alex? >> paul goodloe,safe getting down from that little pile there. appreciate it. were going have much more coverage of this historic noreaster coming up. well give you a report on the travel ripple effect this storm is having even acros...

>> were living on bottled water and some potato chips. >> i hope you get home in time for dinner then. greg, thank you so much. >> sure. >> monitor the storms path, check the forecast in your neighborhood. all there for you on weather.com. lets get to some politics, a few hours, first lady michelle obama will attend a funeral in chicago. hidea pendleton, 9/5-year-old honor student shot and kill just about a mile from the obamas family home. she participated in inaugural events just a week earl...

No, we are not. >> even if its from tax reform? >> if you keep raising revenues, youre not going to get different tax reform. i know you didnt want a chart, but im kind of a chart guy. this dream line shows you the historic taxes. the red line is tax increases. the red line, where spending is going. spending is the problem. revenues arent the problem. if you keep chasing higher spending with higher revenues as theyre calling for, youre going to hurt economic growth. youll never catch up. youll s...

Youre not going get diffentax reform. i knowou dnt nt a chart, but im kind of a chart guy. this dhows you the oric tes d e re is tax increases.here sp going. spendinisheproblem. revenues arent eproblem. you keep chasing higher spending with higherevenues as they calling for, economicowth. youll never catch youll shut down the economy and you wont get the bget down. >> when you were campaigning in rginia, a state you waed to cary but didn, you said, look, t sequstration cuts, these automaticng sp...