Big Cuts News Today

The state’s layoffs decreased from 12,000 in 2020 to just 1,750 in 2022. But officials and economists are reluctant to hail the drop, saying the data needs to be contextualized to better understand Connecticut’s economic health.

San Diego Fire says it started from a nearby dumpster and spread through the building. The fire completely burned three local businesses, and damaged several others, but no one was injured.

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Dont expect to see any new ones on the road after next year. today gm, after buying back stock and getting a massive tax cut thats ballooning the deficit, it announced its closing plants and cutting jobs to improve its bottom line. these are not performing or seen not part of the future. they are all gone. where? five plants. one in canada, two in michigan and one is ohio and maryland. what does that mean? big cuts. 15% of the salaried work force, thousands of hourly workers, 14,800 jobs. why? g...

Closing plants and cutting jobs to improve its bottom line. these are not performing or seen not part of the future. they are all gone. where? five plants. one in canada, two in michigan and one is ohio and maryland. what does that mean? big cuts. 15% of the salaried work force, thousands of hourly workers, 14,800 jobs. why? gm says its all part of restructuring for the future. taking steps to shift into self-driving and electric vehicles that customers want. do you have to cut labor? thats abou...

Presidential candidates. >>alisyn: it could trim the $1.3 trillion federal deficit by just more than .1 percent! it would not help there. >>clayton: a drop in the bucket. >>clayton: we got hopeful with the simpson-bowles, and paul ryans budget plan, big cuts, $5 trillion. not so likely. president coming out and bashing paul ryans budget after his own budget could not get one vote in the house of representatives. >> you look at their budget, and it is no exaggeration, they would cut things that w...

These are big, big cuts. but no matter how cleverly, and i think pretty well boehner has played the inside game, hes losing two levels of the outside game. the first to the tea party people. you had one of them on saying $61 billion or bust. and i think the wider public, which is upset with everybody, but i think in the end will still, despite the clever maneuvering by boehner on the military funding and all that, still more likely blame the republicans. >> richard wolffe, is boehner in a vise? ...

That. >> starting with zero. >> yeah. these are big, big cuts. but no matter how cleverly, and i think pretty well boehner has played the inside game, hes losing two levels of the outside game. the first to the tea party people. you had one of them on saying $61 billion or bust. and i think the wider public, which is upset with everybody, but i think in the end will still, despite the clever maneuvering by boehner on the military funding and all that, still more likely blame the republicans. >> ...

Compromise. >> what i find interesting about this is i think a narrow sort of poker terms, boehner is doing very well. i think hes cleaning the presidents clock. hes got the white house up to $35 billion or something like that. >> starting with zero. >> yeah. these are big, big cuts. but no matter how cleverly, and i think pretty well boehner has played the inside game, hes losing two levels of the outside game. the first to the tea party people. you had one of them on saying $61 billion or bust...

Schumer that speaker boehner is in a box is the notion that if he accedes to the wishes of the tea party, and those that said big, big cuts, $60 billion 59 a minimum, then any risk of shut down and he is the speaker presiding over what and that would be a mess. is he in a box on that? >>guest: no, he is not. speaker boehner has the will of the american people and you saw that change in the house of representatives which is the peoples house and once again, we have talked about this before, when ...