Deal Phase News Today

Will be extremely important as to whether or not this has a future. but right now, a deal has been agreed to. the big question now is, will it actually move forward beyond the deal phase and into something that actually passes into law, wolf. >> it sounds to me like it is an issue that right now the democrats are on board, a lot of republicans are on board, will the speaker in the house, will paul ryan insist on a majority of the majority on board in order to allow it to come up for a vote? beca...

Sort of social security and medicaid and a couple of other low income programs. everything else gets the exact same percentage cut no matter how valuable it is. so your air traffic controllers get nailed even as we dont touch a single tax expenditure. >> and jared bernstein, how do the cuts get imposed? do they on day one have to do the size cut they would do in order to achieve that much savings for the whole year? or can they great deal phase in these cuts? >> well, it is different across diff...

Everything except a number of sort of social security and medicaid and a couple of other low income programs. everything else gets the exact same percentage cut no matter how valuable it is. so your air traffic controllers get nailed even as we dont touch a single tax expenditure. >> and jared bernstein, how do the cuts get imposed? do they on day one have to do the size cut they would do in order to achieve that much savings for the whole year? or can they great deal phase in these cuts? >> wel...