Deficit Package News Today

it prompted neighbours south korea and japan to briefly issue, then rescind, alerts to millions of residents. state media in pyongyang said the projectile had come down in the sea because of serious defects. south korea correspondentjean mckenzie has more from seoul. there was panic and confusion in seoul this morning as we awoke to the sound of this air raid siren which is extremely rare. and messages from loudspeakers telling people to prepare for an infatuation, only to be told 20 m...

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Today. hes made it clear but thats a deal breaker. these negotiations are very intense. there is serious heavy lifting, bipartisan heavy lifting going on. will a wall be part of it? who many border state republicans opposed to a wall. too many fiscal conservatives who were promised they were take care of spending cuts after a deficit package. there is no consensus for a while. youre not going to get nine senate democrats to vote in the senate. >> bret: are you going to get them to vote for borde...

Corporations be more competitive and help create new jobs as well. >> does this mean you are done with the bev sit reduction and you dont node anything new at this point? there is no talk of any of this revenue going to debt reduction. you want to do it on spending. >> we have an offer on the table as you know for a larger deficit package. that still stands, but the gel in pursuing that has always been in the long-term about economic growth and creating jobs and having a middle class. we wanted ...

So you do hurt corporate america because a lot of the profits of agribusiness, a lot of the profits of places like walmart are actually tied to the spending that goes right back into the economy. >> josh, you were talking about the political palatability of it. is that what it is? theres nothing more politically palatable or because people enjoy seeing deficits go down and are willing to say at least weve got one indicator that economically makes us feel strong and capable? >> there is bipartisa...

Months about how they dealt with guns. theyre divided over immigration. over taxes and whether they include that as part of a deficit package. they feel president has been the offensive since the beginning of his second term. this is the first time they feel they have something to really pound the administration on. and i dont that you really sense any sort of shift other than they feel like they can continue to throw bombs up here. >> all right. thank you so much. see you soon. >> thank you. ...

Future deficit agreement. if republicans think that i will finish the job of deficit reduction through spending cuts alone, if they think that is going to be the formula for how we solve this thing, then they have another thing coming. >> all right, you catch that. the white house seriously, no kidding around says they will not accept a bargain in which what they got was an increase in the debt limit. so was congress, and what they get is congress simply agreeing to pay its bills. that is not th...

Up a bit as part of an overall deficit package. >> im told we have new information coming to us from capitol hill, kelly odonnell. you have been working the phones, e-mails and everything else. is there an update? >> there is. it doesnt look like a promising one. theres been a major setback in negotiations. majority leader harry reid has been telling fellow democrats they are in a worst place now than 24 hours ago. proposals exchanged back and forth. both parties made movement on the key issues ...

Its just to raise the limit for what congress has already appropriated to be spent. >> in a perfect world a debt ceiling is a stupid way to run a railroad. congress should appropriate what it wants to appropriate. the white house and the executive branches should go ahead and spend it and thats the way you should run it. were not in a perfect world and we have the debt ceiling. i dont see any possibility that the republicans are going to permanently give up the right to weigh in on the debt ceil...

That this whole, the reason that theres a, you know, there isnt a deal in the first place, because its their fault and thats not true. its both parties that did this and the president particularly not showing leadership and kicking the can down the road and creating a super committee. the media is not covering this correctly at all. reporting that the president want a deficit package. 1 trillion from tending the war and thats going to happen and another trillion from spending cuts in the past so...