Page 33 - Loop Holes News Today

Ethanol and oil subsidies. senator menendez, great to have you here. >> let me ask you, the president was asked whether he is going to draw a red line and he never fully answered that question. should he say yes, absolutely, you are the ethanol subsidies. here are the tax issues that i will not bend on? >> i certainly would have hoped would he have said it. i would certainly hope would he have said, were asking middle class families and working families in this country to be part of the sacrific...

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>> this government will behave in a proper way. >> mr. speaker, im afraid that answer was out of touch with millions of people. >> mr. speaker, this is not the time for technicalities or -- >> members of congress will have to explain calling for cuts, just not at home. >> if they are not going to do all that much to make the country better, the least they can do is avoid making it any worse. good evening from washington. tomorrow, eight lawmakers of both parties will meet with president obama ...

>> ezra, here are other clues i have that concern me, right? the one line that i did not like in that speech jared was referring to, hey, if we have loop holes we might lower taxes. whoa, why are we talking about lowering taxes, thats the craziest thing weve ever heard. is it possible to take away these things, corporate jets, oil subsidies, hedge fund manager. thats a great start. but lower corporate taxes and even the top income bracket. >> first, i like calling this clueless because it makes ...

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Republicans unwillingness to compromise to get the big deal that they said they wanted, to put everything on the table. the president said fine now they back down. >> what they said is they would like everything on the table. so long as it means cuts to social security, medicare, medicaid, the needs of our children, and the environment. all of that is on the table. but if you asked billion airs it start paying a little bit more in taxes or if you do away with loop holes for large corporations, t...

Devil, but you used the statement. how can you sit there and look at american people and say, they didnt tell us what they were going to cut. when he said, lets put it all on the table and talk about everything including taxes. your side said, no, we dont want to talk about that. how can you find out what he was going to cut if you refuse to talk? payments at risk -- social security, medicare pay, military pay, veterans benefits, unemployment checks, irs refunds. so you are saying we are willing...

Millions of people. >> mr. speaker, this is not the time for technicalities or -- >> members of congress will have to explain calling for cuts, just not at home. >> if they are not going to do all that much to make the country better, the least they can do is avoid making it any worse. good evening from washington. tomorrow, eight lawmakers of both parties will meet with president obama to try and reach an agreement to reduce the deficit and raise the debt celling. the impasse on raising tax rev...

>> the world targeted some of those police officers. >> this government will perform in a proper way. >> mr. speaker, im afraid that answer was out of touch with millions of people. mr. speaker, this is not the time for technicalities or -- >> members of congress will have to explain calling for cuts, just not at home. >> if they are not going to do all that much to make the country better, the least they can do is avoid making it any worse. good evening from washington. tomorrow, eight lawmaker...

Picture. i am going to introduce, dylan action a piece of legislation tomorrow which will impose a 5.4% surtax on millionaires, do away with some of the loop holes that prevent oil companies from paying their fair share of taxes. >> you and i both know that we have a core problem in this country, which is high unemployment and a screwed-up housing market at the root of a complete collapse in revenue that youre seeing at the municipal levels. the mayor of oakland says i cant print money, i just h...