Page 19 - Defense Programs News Today

Committee on deficit reduction, better known as the supercommittee. the idea was that this 12-member bipartisan committee made up of members of congress would do what the larger congress couldnt and agree on a deficit reduction package. but republicans wanted more than that. they wanted some kind of a guarantee. and so the initial idea was that if a supercommittee failed, there would be automatic spending cuts which democrats wouldnt like and automatic tax increases which republicans wouldnt lik...

Defense programs face a 9.4% cut. while most domestic programs face cuts of 8.2%. joining me now, reporter for the "washington post" and national political reporter for the atlantic. thanks for joining me. david, ill begin with you. as the house plans to wrap up work next week, its canceled all of its october sessions. obviously going to have to tackle this fiscal cliff, this threat, after the election. so is that going to happen? >> well, time is running out. i think all eyes are on the novembe...

Bipartisan committee made up of members of congress would do what the larger congress couldnt and agree on a deficit reduction package. but republicans wanted more than that. they wanted some kind of a guarantee. and so the initial idea was that if a supercommittee failed, there would be automatic spending cuts which democrats wouldnt like and automatic tax increases which republicans wouldnt like. this way both parties would have reason to compromise because theyd both have something to fear. r...

They created the joint special committee on deficit reduction, better known as the supercommittee. the idea was that this 12-member bipartisan committee made up of members of congress would do what the larger congress couldnt and agree on a deficit reduction package. but republicans wanted more than that. they wanted some kind of a guarantee. and so the initial idea was that if a supercommittee failed, there would be automatic spending cuts which democrats wouldnt like and automatic tax increase...

Committee on deficit reduction, better known as the supercommittee. the idea was that this 12-member bipartisan committee made up of members of congress would do what the larger congress couldnt and agree on a deficit reduction package. but republicans wanted more than that. they wanted some kind of a guarantee. and so the initial idea was that if a supercommittee failed, there would be automatic spending cuts which democrats wouldnt like and automatic tax increases which republicans wouldnt lik...

right for america to stand with you. >> mitt romney trailing in polls when they are asked which candidate would handle foreign policy better. its a critical time for him to recover from what some say were big gaffes made in britain. michelle is the co-chair of the obama campaigns national security committee and former defense secretary under president obama and in the situation room during the osama bin laden raid. nice to see you. thank you for talking us with this morning. do you see...

now. he also attends a private fund-raiser in pittsburgh. president, hes going to be speaking at a fund-raiser in san antonio. we expect to hear from him any minute. were going to take you there live when he starts his remarks. were going to have live coverage from the romney rally. that is also happening later this hour. relatives of two missing girls in iowa say they are now bracing for the worst but hoping, hoping for the best. 8-year-old elizabeth collins and 10-year-old lera coo...

Ok. we will be showing you something later, alex just told me. the house will be voting on a bill later today. what? >> nothing. news, all news. >> that will cut the deficit by $300 billion over the next 10 years. the republicans hope to stop a round of cuts to the defense programs. its likely to pass in the house, but the bill is not expected to advance beyond the democrat controlled senate. the republican bill contains cuts to medicare and food stamps but no new tax revenue. is anything gettin...

The language of the ghetto remark made it into that ad. according to a count by "the new york times," gingrich mentioned ronald reagans name 55 times in the past 18 debates. in another romney super pac ad, questions the entire reagan story. >> from debate, would you think that newt gingrich was ronald reagans vice president. >> i worked with president ronald reagan. ronald reagan. ronald reagan. president reagan. >> but in his diaries, reagan mentioned gingrich only once. reagan criticized gingr...

Republicans did agree to increase taxes and democrats said, no, not good enough? >> i dont think it was necessary. >> gregg: a little greedy on it? >> no i think in order to pay down the deficit, whether you want to raise taxes or not. i dont think people want to raise taxes. its just a reality. there are so many cuts this that you can actually do. because of where we are, we need to raise taxes. i dont want my taxes to go up, but i want to be paying interested on our debt. >> gregg: if a deal i...