Page 183 - Extensions News Today

For a time it appeared that he would give up and leave the west african country. but negotiations have collapsed. clock is ticking toward a government shutdown as early as friday. the white house and congress cant agree yet on a package to fund the government for the rest of fiscal 2011. that is for the next six months. president obama insists hes not going to sign any more short-term extensions. after a lot of public outrage, transocean executives say they are going to donate what they are ...

That we would imagine. >> reporter: but now theyre back and forth over what to cut. the tea party standing firm and things dont look good for a deal by friday. sgh weve bent over backwards. >> if we dont get agreements in the intervening time because of politics or whatever, at least in 2012 theyll have a real choice. >> reporter: the republicans oou new budget for next year cuts over $4 trillion in spending, but the budget office says well be upside down for almost another 30 years. >> rich get...

Trillion we added to our national debt. our national debt is now the size of our economy. we begin to look a lot like greece. >> vice president joe biden paid a visit to capitol hill to lay groundwork for the future agreement if that is possible. the result is two votes will be taken in the senate. both are expected to fail. but they could be starting point as the matter continues. >> shannon: thank you, steve. are the short-term extensions causing long-term problems for economy? jim mcdermott o...

Republicans alike expressing scep ti similar, this time around they are very, very apart. there have been five extensions that lawmakers have given themselves up to come up with a spending gap this year and the gaps to the two proposals is huge. the republicans have passed a measure in the house that would cut $61 billion from current spending, that is a house-passed legislation thats pending in the senate and the president and the democrats came out with a counterpart, 6 1/2 billion dollars to ...

Campaign, given the situation as it is today? >> this is not a professional military. these are civilians drawn into this that literally grabbed weapons, stood up. this is not a comment on their courage, and not a comment on good faith effort, but the reality is that they have very limited capabilities. this is not a military well equipped, doesnt have a large amount of ammunition or weaponry and doesnt know how to use it. i mean, we can see evidence of that by looking on television. we can see...

>> this is not a professional military. these are civilians drawn into this that literally grabbed weapons, stood up. this is not a comment on their courage, and not a comment on good faith effort, but the reality is that they have very limited capabilities. this is not a military well equipped, doesnt have a large amount of ammunition or weaponry and doesnt know how to use it. i mean, we can see evidence of that by looking on television. we can see these folks shot down their own aircraft, one ...

Done. this is not an option. we have to have a budget for this year. i think all of us are tired of these short-term continuing budget thats we want to see a budget through september 30 of this year. then get on to deal with the budget for next fiscal year and deal with our debt ceiling. so i think there is a clear indication that we dont want to see any more short-term extensions, that we want a budget done. i think thats true from both the house and senate point of view. >> 11 days to go. than...

Thats why were in the mess were in. i dont like two-week extensions. no. we voted for a seven-month extension and $61 billion worth of cuts, and i think that is fiscal responsibility. >> heres why i think americans get frustrated. a two-week extension that you have all come together to do, well have the same showdown in two weeks, another game of chicken with the debt limits, it seems like theres no end in sight to what, honestly seems like no way to run a government. congressman becerra, what d...

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