Impending Sequester News Today

Bill: we have 24 hours to go. president obama will meet with leaders of the house and senate about the impending sequester. next we will well talk to senator james inhofe about a new proposal to take away some of the most painful cuts. martha: just moments away from the popes final departure from the vatican. it will be an amazing scene when this takes place. its moments away. it looks like a painting in vatican city. well be right back with father jonathan morris after that.

Will that be affected if the sequester occurs in two to three days time? >> in the immediate term, the deficit that policymakers ought to be focused on and congresswoman schakowsky knows this very well because she does focus on this is the jobs deficit, the growth deficit. but to the contrary, these austerity measures go exactly the wrong way. the congresswoman mentioned the hundreds of thousands of jobs that would be lost. both the congressional budget office and other nonpartisan analysts poin...

Handicapped children who require transportation or the elderly who need meals on wheels. i mean, its not just a content policy issue. they are acting in a stupid manner, and its damaging themselves, isnt it? >> and i cant imagine that that wont become perfectly clear in a very short time as the effect of the sequester, these meat ax budget cuts that are absolutely mindless, go into effect and start affecting neighborhoods, municipalities, police departments, fire departments, teachers -- >> air-...

Overwhelming popularity in new jersey. is this really just because he appeared with the president of the united states after a major tragedy that occurred in his state? >> oh, no. >> was that the crime? was that the sin? >> im sure that had nothing to do with it, martin. i think there was probably just -- let me just tell you in washington speak, we would say there was a scheduling conflict. so im sure it was something of that nature. no, look, i think greta pointed this out last night rightfull...

Belief if they were able to do it enough he would perhaps withdraw. he was pretty vehement last week he would not withdraw. now with the sequester looking like its going to go forward, my calculations theres $46 billion in military cuts over the next seven months that presumably youd want to have a secretary of defense in place to help implement them ned instead leon panetta out in california. >> you have anticipated my next question which is the fact that the president went to a shipyard today ...

Just ninety- nine bucks. senators john mccain and lindsey graham are at this very moment meeting with the president at the white house. while the premise of the meeting is immigration reform, their discussion is expected to also address the impending sequester. however, in what has to be the ultimate irony, mccain and graham, the two most vocal opponents of chuck hagels nomination for defense secretary, which is being voted on right at this moment, find themselves chatting with the president w...

Approach to the debate, the conversation? >> i do, actually, because, you know, in your previous segments you had the mayor of new orleans, and i think anybody that looks at it clearly said that banning assault weapons isnt going to top is it because theres 3.5 million of those out there, but the presidents focus on mental health, making sure that guns dont get in the hands of criminals or the mentally ill, that should be the focus and something that people should be able to work out. >> it seem...

Amazing. we were in a top six snowstorm here. well get an update for the snow total in the city within the hour. but in 78 we had almost the same amount of snow but a 2-foot storm a week before. so imagine these banks up to here. thats what they were dealing with 35 years ago. >> we wouldnt be able to see you, erik fisher. anyway, listen. its all good at this point. >> might be an improvement to the report, right? >> not at all. dont you go there. erik fisher, thank you so much there from boston...

Because senate democrats and the president are not going to go along with it. so what are your expectations? do you really expect democrats to go along with your plan? >> well, i think they should. obviously obama care is not going to be repealed while the presidents in office. and at the same time, we know that more than half the states have said theyre not going to set up the exchanges that are called for in obama care. so i dont know of anyone who thinks that the federal government is going t...

Both sides are really digging in and were seeing the same old sticking points. president obama making the case that he wants any package to include new revenues. they have put forth ideas that include rolling back tax breaks for big companies, large corporations, oil and gas companies. republicans say look, we just gave the president new taxes in the last budget battle. so they are saying that this should solely be worked on in terms of entitlement reform. so those are the sticking points. but a...