Page 7 - Bryan Bill News Today

Compared to this. here is what the same room looked like on the press conference on the sequester. it is a standing room only crowd for a bill that everyone knew was dead on a rival. what is the new bill? and why is no one listening to it. the bill would place a small tax of three points on non consumer financial trades. a tax of three pennies on every $100 traded in the markets. that is $1.50 on a $5,000 trade. this modest tax would have virtually no impact on most americans. it taxes something...

This is right out of econ 101 the thing we dont want is wall street speculation. it would apply to traded stocks and bonds and puts forward swaps and other instruments and would not cover the initial issuance of stocks or bonds or loans in the form of stocks and it would impact high frequency traders. it would be slowed if the bill is passed. high frequency trading produces no net social value. making a nano second faster than your competiter does one thing. here is how it was put today and ther...

Optics war, grover? >> well, its all politics. hes not put a proposal on the table that makes any sense. when talk about plans a, b, and c, the republicans have passed plan a, the ryan bill, ryan budget and plan. that saves $6 trillion over the next decade. it reforms entitlements. it reforms taxes. doesnt raise them, reforms them without raising taxes on people. so thats a plan thats written down thats passed the house of representatives and has strong support among republicans in the senate. t...

Youre banking your honor future. any time theres a bank involved, the republicans want dollars involved and they want to make money. theyre about profit. theyre not about people. president obama is about opportunity. hes lived it. he wants you to live it. theres one candidate in one party that understands your world. theres one candidate in one party that doesnt give a damn and has no clue. remember, in the ryan bill, what they want to do is make that higher interest rate permanent. they want to...

Low-interest loan, a reasonable rate, without republicans changing the rules on them all of a sudden? the president gets it, because hes lived it. and hes winning over young americans with common sense. now, think about this. if youre a student and youre sitting at home tonight in your apartment or your dorm room, you have to ask yourself the question, what did i do? what are the republicans want to make money on me for? well, see, youre banking on your future. and anytime theres a bank involved...

Tax cutters the republicans. he wants to extend for it a full year. they gave him two months. it allows him to play the populist card. hes for a tax cut for everybody, and theyre concerned about the bush tax cuts, and it allows him to run against congress. this is political malpractice 101. so i would suspect the house will make some changes. the only caveat, chris, if they dont have the votes to make changes, the worst thing for the republicans, and for the country, would be to do nothing, to m...

>> juan, obviously so much of this is political, and the president has been able to make the point, as nor bye said, im fighting for a tax cut for the middle class. the republicans have been saying, were fighting for jobs and this keystone pipeline. how do you think thats working out politically? whos winning the argument? >> the longer it goes on, the more benefit it is to the president. plays right into his hands. i can understand the republican opposition, especially from the sort of tea part...

Laughingstock, and the president will be able, in his state of the union, beat us about it. we want to see a full year extension with the extension but also with the pipeline in. >> i think the house republicans are absolutely right. they passed a one-year extension of the pay cal tax rut, one-year extension of unemployment insurance, took care of the doctors and medicare, and they paid for it. the senators passed this ridiculous two-month thing, from the point of view, from the republican party...

Benefits, two months, a provision that president obama must decide within 60 days whether to go ahead with the keystone oil pipeline. its all paid for, but theres no surtax on millions. senator bayh is this the kind of legislating why you quit congress? >> in part, chris. it also explains why congress job approval is 9%. this was ridiculous. this should have been extended for a full year. the pipeline should have gone forward, but this allows the president a quick out, after 60 days, saying ther...

Theyve been pressured from within their party by a narrow grouping to go way off the deep end, off the cliff in favor of a radical deconstruction of medicare and medicaid. now as people have become aware of it, citizens across the country, they face this very tough vote. remember that a number of these republican senators are up for re-election next year. people like olympia snowe, richard luger, scott brown. if they vote for the ryan bill, they will strengthen themselves in their primaries but ...