Page 18 - Defense Programs News Today

Makes me despondent is we have these debates and were talking about debt and you have people that say lets throw money at the problem. again, one of the things that shocked all of us is when he said last night even spending on wasteful defense programs are okay for now. but nobody in washington seems able to address the underlying structural problems. corporations making more money than ever before. the stock market being higher than ever before. poverty being higher than ever before. jeffrey sa...

>> on this sunday morning, there is new fallout from the bottoming battle in washington, americans are wondering, will they ever really get their act together? president obama signing the order to begin forced spending. the reductions after the negotiations in washington failed. now washington lawmakers are weighing in on the true impactost across-the-board cuts to domestic and defense programs. welcome to a brand-new hour of americas news headquarters. >> jamie: a lot of different stuff this ho...

In about 15 minutes, the senate will take votes on rival democratic and republican bills that would avert the sequester but both bills are expected to fail. the democratic bill wards off some cuts focusing spending reductions on farm and defense programs. it also includes tax increases on wealthy americans and the oil and gas industry. meanwhile, the republican plan would keep the $85 billion in cuts but allow president obama to reallocate those cuts. heres the senate majority and minority leade...

Serious disruption in defense programs and a sharp decline in our military readiness. we have already begun an all out effort to plan for how to operate under such a scenario. but its also very clear that there are no good options. jenna: no good options. captain chuck nash served more than 25 years as a naval aviator and so captain we read through those stories, and its difficult to really understand what does that mean for us, and for your national security? how would you explain that? >> well...

That word was sequester. it would cut $100 billion from the budget next year, half from domestic programs and half from defense programs. and now as the deadline draws close, experts are look at these cuts from a national security standpoint and warning one final time about their impact on the safety of our service members. >> it is going to affect the operational force that is deployed in terms of its you ability to maintain its equipment and get repair parts. that force is deployed around the ...

Destroy us. we can live with higher taxes, you might not think its the best idea on the rich. i think its a way to go about it but we cant survive we are without adjusting our entitlement reform unless it is addressed. >> gregg: jamie weinstein, its criminal -- i didnt take it that far but you do did. >> without a fiscal cliff teal the pentagon is bracing for $500 billion but that is over the next decade and raises questions how military leaders plan to keep the nation safe. >> last friday when ...

Top two senators reached an agreement. >> gregg: mike emmanuel live in washington. thanks very much. be sure to watch fox news sunday tomorrow. chris wallace talks fiscal cliff with u.s. senators lindsey graham and diane feinstein. check your local listings for the times. >> arthel: with a possible agreement being worked on behind closed doors to avoid going over the fiscal cliff, one casualty could be the defense department. severe financial cuts could hit every branch of the armed services. pe...

Reduction changes. it includes expiration of the bush era tax cuts that would effect everyone. expiration of the tax cut around for years can be called a tax increase. the nonpartisan budget office would bring in $1 trillion in ten years. on tap, 1.2 trillion in spending cuts for ten years. $100 billion in first year. half to defense programs. half to nondefense. cbo says going off the cliff would lead to a recession next year. we have fox team coverage tonight. ed henry is trying to read tea le...

Somewhere in the middle on important issues. >> this is a message american people sent from all over. that is they are tired of these partisan grid locks. they are tired of things like well i have one goal to meet be obama. thats gone. obama was re-elected overwhe overwhelmi overwhelmingly. american people want us to work together. >> we will find out soon if there will be compromise like both of the leaders that they both said because we are less than two months away from the fiscal cliff. long...

>> shannon: president obama said that sequestration which will trigger across-the-board cuts to domestic and defense programs will not happen but it is on track to kick in unless congress does something about it. what would it mean for the military and efforts in the middle east and around the world? joining us to talk about it house armed services committee member and congressman from california john garamendi. thank you for joining us today. >> good to be with you, shannon. >> shannon: the pre...