Page 2 - Deficit Package News Today

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...

Spending cuts kick in and blame it on the republicans. >> i dont know where you are hearing that. certainly dont hear that from me. i spent five years trying to put together a package in a bipartisan way to get us back in a sound fiscal course. i think its clear we have a problem we have to make sure we are doing everything we can to shrink growth and we have a longer term problem that is unsustainable fiscal course for the nation. that requires revenue reform which is bob corker talking about f...

Thats how you reduce the deficit, with a balanced approach. so our job now is to get a majority in congress to reflect the will of the american people. and i believe we can get that majority. i was encouraged to hear speaker boehner agree that tax revenue has to be part of this equation, so i look forward to hearing his ideas when i see him next week. let me make one final point that every american needs to hear. right now if congress fails to come to an agreement on a deficit package by the end...

the initial attempt to get rid of the law came in january of 2011, two weeks after the gop took control of the house. that vote passed and died in the senate however as it has every other time that the house has tried to repeal the law. president obama says he has a sure-fired way to help middle-class taxpayers to help families making less than $250,000 a year, and get rid of tax breaks for the wealthy. i want to bring in jessica yellin who is in new york today. he talked about this ...

dangerous heat wave impacting people right now. take a look at how much of the united states is affected. we have 20 states under heat warnings or advisories right now and the sizzling temperatures arent just uncomfortable, they can be life threatening especially for people who dont have air conditioning. in the northeast storms knocked out power to millions of homes. brian, thank you for being there for us. people may not be able to get their power back for ang entire week. thats what...

$1.2 trillion are expected to give up. thats supposed to mean automatic cuts in almost every federal department in 2013. same bottom line -- $1.2 trillion half from defense, half non-defense. but congress can and likely will change it. meantime stock markets are tanking again,down jones down more than 2.5% today. again the u.s. credit rating may be in for a down gragradedowngr. much more on fallout in our "face time" segments minutes from now. in cairo, 1,700 people have been wounded...

you said it was what the american people needed to have that romney care given to them as you head had in massachusetts, then in your paper back, you took that line out. so speaking of not getting it straight in your book, sir that would be a good one for you. >> one of the most unique features of tonights debate was the ninth man on the stage, former new mexico governor gary johnsons poll numbers so minuscule, he has not been included in previous debates. >> i do bring a unique perspe...

significantly weaker, and then overnight, some manufacturing reports came out of the uk, came out of europe, even china. these were weaker manufacturing reports. that spooked the market as well. you have to remember, were all interconnected so if europes got its problems, the big worry is that they can spread here to the u.s. and we all know that europe is facing its own debt crisis. all this is leaving at least one economist to tell us that he thinks that europe is probably in a reces...

virginia. and elijah cummings, the former chair of the black caucus and analysis, and chris jeff free lund of digital. i am candy crowley, and this is state of the union. what a difference a year makes, or not so much. last year at this time, president obama was vacationing on marthas vineyard, and thats where he is today. last year he said -- >> a year and a half ago the economy was shrinking rapidly, and the economy is now growing. >> this year he is saying -- >> america will come ...

As a result nernl? could a year from now, douse that any of the challenges that the republican are using, whether it is state by state or through the federal courts, is it vulnerable? >> i was a brand new hill aide in 1989 when that was reappealed. it was catastrophic health insurance, mostly for elderly. it was the elderly who wanted it repeal because it taxed them for a benefit that wept to the elderly and of course they didnt like that. i really dont see that happening at all. i think the poi...