Page 5 - Cut Cap News Today

Latest updates on this topic.

American economy going and bring certainty and confidence back it america and to the private sector. >> as you bring certainty back, you talk about in the balanced budget amendments that went through the house today, cutting $111 billion, is that right? in some of the expenditures you want cut for immediate spending cuts. you want to protect tax breaks for the rich and corporations, cuts up to 20% and social security and medicaid by 2021. i mean, how do you expect to restore balance with shared ...

Not good enough. >> sean: let me ask both of you this and i will ask you first, congressman burgess what if speaker boehner cant get the votes tonight even though they are saying the vote is going to take place. they may call the vote within the next 15 minutes for all we know. if he cant get it done, then why dont they just go back and say we already passed our bill, where is your bill, mr. president? put your ideas on paper. >> after cut cap and balance out that is where we should have been. >...

There are those that voted against it? where is your difference with him. >> i voted for cut cap and balance. i think that is the right the approach. i think the other bill was far, far, far superior to the one we voted on today. just a close call as to whether or not you think it as good message to send to have the senate have to pick up another bill. so i dont begrudge those who voted against it. like i said, it wasnt an easy call for me but i felt that it has o had the balanced budget mendmen...

What we spend each year is what we were going to say. >> greta: sitting on the house floor and you are voting no and speaker wants you you to vote yes on it. like bad vibes, you sort of want to get out the door? >> not really. >> greta: did you tell him yourself you were going to vote no on it. i offer solutions and ideas how can we get certain aspects in place so it might be a better bill and be perfect and we had those conversations but it didnt end up in the posture where i needed it or the o...

Compromise. if a tea party blocks a compromise and if they succeed in doing, this i dont think they will. the tea party is done, finished, over. its going to be branded as it already is unfairly. its already branded unfairly, okay? i fought against that. but if they block the compromise and this economy goes south, all right, no more tea party. its gone. >> okay. well, im not disagreeing with you necessarily about the fact that people dont need to move on the issue. i think the way you are frami...

And im not going to waste the senates time day after day on this piece of legislation which i think is an an as ma to what our country is all about. i feel confident this legislation will be disposed of one way or another. the american people should understand that this is a bad piece of legislation, perhaps some of the worst legislation in the history of this country. >> as youve heard, senator reids having his colleagues that cut cap and balance will be, quote, disposed of, but gang of six mem...

Senate. the majority leader there, harry reid, has moved up a scheduled vote on that legislation. it will happen today instead of tomorrow. but not before reid blasted the bill on the senate floor. >> i think this piece of legislation is about as weak and senseless as anything that has ever come on this senate floor. and im not going to waste the senates time day after day on this piece of legislation which i think is an an as ma to what our country is all about. i feel confident this legislatio...

>> earlier this week, you tweeted that senator mitch mcconnells plan to deal with the debt crisis is stupid. where can were you so upset and other gop members share your frustration with leadership in congress . >> i have greatest respect for senator mcconnel but the idea. it is stupid. thats why i call today stupid. the idea to punt it over to the president. dont allow members to take a tough vote and put it all on the president. no. the house and congress and is a co-qual branch much governmen...

Asked him about the mcconnell plan yesterday, he said, quote, its unworthy, unrealistic and an abdication of responsibility. i think tim scott is really speaking for the majority of those freshman lawmakers who have been so opposed to raising the debt limit unless theres significant spending cuts. that being said what youre seeing now is house republicans moving forward to put forth their own plan. president obama said it was a political vote. this idea of a cut cap and balance bill. it will be ...