Page 25 - Budget Problem News Today

Senate are going to be for something they dont view to be real, sincere effort of trying to get spending and debt under control. >> greta: how can we are remotely near close. o-- the two sighs are so far apart and it is -- the the two sides are so far apart it is extraordinary to think anything can be worked out. >> i think the democrats would have to swallow to vote for the bane area approach, a process by which you might get a result on entitlement reform. we all agree unless you do something ...

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Senate are going to be for something they dont view to be real, sincere effort of trying to get spending and debt under control. >> greta: how can we are remotely near close. o-- the two sighs are so far apart and it is -- the the two sides are so far apart it is extraordinary to think anything can be worked out. >> i think the democrats would have to swallow to vote for the bane area approach, a process by which you might get a result on entitlement reform. we all agree unless you do something ...

>> no, come on, pat. >> no, if the president didnt sign it and he puts the country into default -- >> no, no, no, the republicans put the country in default. you cant get away with that. if you say i will compromise nothing, i will make no negotiations and then it is the presidents fault for going into default, youre crazy. i want to give you one fact as we talk about this. you know if we go into default and our interest rates go up 1%, it adds $1.3 trillion to the deficit. it makes our deficit ...

Tone. we didnt hear about corporate jets and millionaires and billionaires in the country. its late for the president. mika, they have to drop the taxes off the table unless they talk about dropping rates. they are not going to get it. theres no sense in talking about it and talking about it. i think they can get a short term deal. my guess is we are almost beyond the point to get a long-term deal. >> they are not going to get a deal from the democrats without something on the tax and revenue si...

And were rapidly getting towards the point where its just not sustainable. were almost there already. alisyn: heres another incredible part of this report, its where the cbo talks about their own projections. i want to pull it up for everybody. they say the cbos projections in most of this report understate -- >> yes. alisyn: -- the severity of the long-term budget problem because they do not incorporate the negative effects that additional federal debt will have on the economy, nor do they incl...

And today, the number two republican in the house, majority leader eric cantor shocked the world by admitting he has no idea how to solve the budget problem because he has no idea how a bill becomes law. >> on friday, we will bring to the floor the government prevention -- excuse me, prevention of government shut down act, and that will say to the american people the senates got to act prior to the expiration of cr. if it does not act, hr 1 becomes the law of the land. >> thats right. a republic...

With a massive budget problem theyve got. why public workers say no, no, no, this fight is far from over. rick: plus well tell you about that killer whale that drowned this sea world trainer back in the water forks a new performance. well find out how he did this time. martha: unbelievable. >> tilikum? i dont think he should be used in the show. hes damaged human beings before, hes killed other people. i dont know the details about that but no, its not a good idea. >> we think its a danger to th...

As one of those awesome widgets where you can try to balance the budget yourself. choose things for ohio that would make the budget problem worse or better. banning gay marriage, not one of the available options because it does neither. stripping collective bargaining rights? not one of the options. because those things are not actually about balancing the budget. those are things that are being pursued under the guise of economic stress. but its actually michigan where this is maybe the most st...

The legislation i put forward is about one thing. its about balancing our budget. now and in the future. >> reporter: but even before the governor spoke, the unions, the protesters and their supporters that are here, they wouldnt have anything of it. they have been really inhabiting this capital building for days now and continue to do so. listen here to brad loots, a wisconsin physical education teacher tag on the governor. >> what youre trying to sell to the nation as a solution to our states ...