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March 3, 2013
This morning former presidential hopeful mitt romney sat down with fox news and admitted that it is killing him not to be the president. both mr. and mrs. romney expressed their belief that the country would be far better off with the former presidential hopeful in the white house today. when asked about his infamous 47% comment romney had this to say. >> yeah. it was a very unfortunate statement that i made. its not what i meant. i didnt express myself as i wished i would have. you know, when y...
March 3, 2013
Conversation, according to a top white house official, with some top senators on both sides hoping to find new compromise. but according to congressal republicans, no progress on that as well. take a listen, though, to folks from both sides as they weigh in on the impact of sequester and what it says politically. >> you know, republicans arent getting a win by letting the sequester go into effect. they want more funding for border security. they say they want more funding for defense. the speake...
March 3, 2013
Was an existential fight with the soviets. today im not sure the north koreans really want better relations with the united states. i hope that they do. i dont mind testing them. on the other hand, we have to have them stop what theyre doing. they are destabilizing not only their region but the rest of the world. they are selling their three stage ballistic missiles and their nukes to iran. so this is not just a north korea problem. not just a north asia problem. this is a middle east, persian g...
March 3, 2013
Drag over the next few weeks heading up to the march 27th deadline? >> that is what im hearing. when it comes to the sequester the republicans are just not giving on anything involving new tax renooufs. no kind of compromise is really on the table there. that debate is more or less over at this point despite the talk. but, yeah, now folks are looking to this march 27th deadline. just to keep the government going. neither side really wants to have a big fight over our government shutdown. so you ...
March 3, 2013
But, in other words, bounce up from it. back into some level of prosperity and opportunity. that hasnt happened. until it does, were going to go down this cycle. its unfortunate. >> michael raises a really interesting point here. the dow hit 14,000. that means people investing in this country still think its a pretty good place to invest. they dont think the sequester is a big problem. >> you make a good point with that. can i ask you quickly just to switch gears for a second because the cover a...
March 3, 2013
Sequester will be enforced. and there have been some suggestions that the obama administration has more power than it has suggested to enforce the cuts in a way that will not be so painful. one example would be we hear the obama administration talking about things like childrens vaccines which will be cut. and what republicans are asking are, you know, is it really true that those are going to be on the front lines of these cuts? or was that merely a political move in order to build up oppositio...
March 3, 2013
But not clearly what wed expect. some of that is because the government spends money more slowly than we would think. a lot of it is because it hurts the economy. ill give you one example. theyre supposed to open yellowstone national park this weekend. but theyve got to save money. so theyre not running the snowplows through to open up the roads. that saves them about $250,000 in fuel costs. but youre losing $2 million in tourism business. that hurts all the hotels and all the restaurants that d...
March 3, 2013
He got them. b, sequester came out of the economic team recommended to the president. the president got behind it. yeah, it passed with 174 republicans in the house. but it also passed with a majority of democrats in both houses. so everybody has skin in this particular game. i think at this point what republicans have been trying to say, sometimes not very well, is that we have gone to that -- to that edge on taxes. weve given in on the tax increases. howard makes a very interesting point. now ...
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The white house for us. good sunday to you, peter. so what are we hearing today from the white house on these latest remarks from speaker b e boehner? >> reporter: theres no real clear end in sight in the conversations we heard this morning, speaker boehner and his conversation with david gregory. also gene spurling who runs the national economic council for the president. basically his top economic adviser here that neither side wants to see a government shutdown. potential for that exists less...
Unknown Date
"meet the press," specifically addressing president obamas role in the debate process. >> he has a plan that hes put forward that involves entitlement cuts. that involves spending cuts. that youve made a choice as have republicans to leave tax loopholes in place and youll rather have those and live with all these -- >> david, thats just nonsense. if he had a plan, why wouldnt senate democrats go ahead and pass it? the house has acted twice over the last ten months to replace the sequester. if we...