Page 21 - Magic Beans News Today

Podium, theyre still saying that theyre farther apart on both spending cuts and tax increases. take a listen. >> mainly tax hikes. and as planned is it not begin to solve our debt crisis. it actually increases spending. >> closing loopholes that they will not name or capping deduction, that they will not specify sometime in the future. that is those magic beans are just beans and that fairy dust is just dust. >> i spoke to a top republican a short time ago who said look, when a budget deal is ve...

Boehner to sell compromise to republicans by saying the only way to go forward is for the speaker to cave. >> im confident republicans would not hold middle class taxes hostage to try to protect the tax cuts for high-income individuals. >> white house officials today incested the president was merely reiterating a long-held position and said the hold up is the republicans failing to get specific about taxes. >> closing loopholeles they will not name, capping deductions that they will not specify...

From the war on christmas to passing the peace pipe and, oh, yes, something about driving off a dlif. here are todays "top lines." the week in review. >> merry christmas, everybody. >> this isnt a progress report. there is no progress. ♪ you know dasher and dancer >> republicans acknowledging the need for additional revenue. ♪ rudolph the red nose reindeer ♪ >> we have to break that habit. >> just dont sit around and think. >> magic beans and fairy dust. >> we have to eat our spinach. >> o...

[ humming ] from an original bomb thrower and habits dying hard, to spicolli on the scene -- >> enough of the talk and speeches. for the first time,there are numbers on pieces of paper -- >> both sides will be throwing bombs at each other. >> numbers on paper! >> the holdup right now is speaker boehner -- >> he can we cant sit here and negotiate by ourselves. >> i dont want to you fall off this cliff. >> i have no particular observation. >> why dont you voluntarily jump off this super cliff. y...

We are the unwitting cosigners on their financial calamity, stand on the sidelines watching him today. >> well, i suppose that says it all. but it is incredible. the only thing that everyone has agreed upon is that somehow or another, taxpayers need to fork over a lot more money to washington. it is the only thing that anyone has agreed upon. that speaker boehners plan is -- wouldve jay carney collett? fairy dust and magic beans? well, my goodness. it does require taxpayers to cough up another $...

Tv a deal is possible, but -- >> unfortunately the speakers proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but heres the key. no rate increases in the top 2% of taxpayers. thats non-negotiable for president obama. >> were not going to be able to got a deal without it. >> reporter: the white house s...

A middle ground proposal. but thats not quite how white house spokesman jay carney sees the offer. >> we dont know who pays. we dont know what were talking about in terms of actual legislation to increase revenues. its magic beans and fairy dust. >> lets get right to our panel now. in philadelphia is professor james peterson. in washington msnbc contributor dr. jared bernstein, senior fellow at the center on budget and policy priorities and a former economist for vice president joe biden. jared,...

As the president said, thats not his idea of a balanced approach. >> middle class seniors who are on medicare, young people who are trying to get student loans to go to college, i cant ask them to sacrifice and not ask anything of higher income folks. >> no, thats republicans job, of course, a very special christmas for the very, very rich brought to you by the makers of romney and ryan. congressman charles rangel is a democrat from new york and he joins us live from capitol hill. good afternoon...

You can see it. this kind of went all over twitter. thats her meme, not impressed. she kind of got in on the act. pool was closed. not impressed with a couple of her gym mates. >> nowhere, where that face doesnt work. >> it isnt. she is a good sport. adorable. kind of like a vixen in a way, dont you think? >> she is cutie pie. >> cutie pie. like a sexy kitten side too, with the scowl. >> what you said. im playing it safe over here. >> she is 12. you cant say anything. showbiz is reacting to th...

Pie in the sky? >> but newt knew. newt always knew. >> if youre going to become the frontrunner to be president of the united states, you had better expect a very thorough, meticulous effort to take you apart. >> newt gingrich on the move politically is as dangerous as a wounded wolverine. >> but did newt really know? >> is it 1.6 million figure correct? >> i dont know. were going back to check. >> sound like a whole lot more than just being a historian. >> i was speaker of the house and strateg...