Page 2 - Plan Cuts News Today

Presidents job foperformance rating has dropped four points. disapproval grew to 57%. the president tries to push through major legislation. on tax reform, guess who hasnt show up yet. the lobbyists. as soon as you go to close up these loopholes, these trillions of dollars worth of loopholes, lobbyists, they will be knocking on the door. they aint going to like it. >> good, hard pumpkin. lets talk about the tax rej lags and what we are looking at right now. funny enough, republicans have yet to ...

>> there are also concerns about the current plan cuts to medicaid, particularly from senators who expanded the plan. there is a lot here for the senate to go through to be able to find some kind of consultan . >> youve got to bring together the members of the freedom caucus, house ideas, they were able to do on the house side. what do they need to do on the senate side? >> thats one of the reason senate leaders said they plan to start on their own in coming up with their own plan separate from ...

Entire life. >> there are also concerns about the current plan cuts to medicaid, particularly from senators who expanded the plan. there is a lot here for the senate to go through to be able to find some kind of consultan . >> youve got to bring together the members of the freedom caucus, house ideas, they were able to do on the house side. what do they need to do on the senate side? >> thats one of the reason senate leaders said they plan to start on their own in coming up with their own plan s...

Domestic energy boom in places like north dakota. oil shale is a type of rock that can be a mineralized form of oil. >> it is the largest oil resource we have in the united states, larger than canadas oil sands resource, according to the governments own figures. >> reporter: some industry estimates run into trillions of barrels but wouldnt be easy to get. >> has to be heated to high temperatures under pressure. and it will impact the land and water. >> reporter: the george w. bush administration...

47% of americans, his company shipped jobs overseas, his plan cuts millionaires taxes, but raises yours. hell voucherize medicare and make catastrophic cuts to education. so remember what romney said and what his name would do. >> paul: taking our name in vein, the 15th time, the wall street journal does not agree with any of the-- >> what do you think? >> this is a-- this is a distilled message (laughter) of the campaign. >> he keeps returning to this class warfare theme and this is in ohio and...

in spending that weve already cut from the budget, our plan makes additional spending cuts that need to happen if were to solve this problem. we reform agriculture subsidies. subsidies that a lot of times pay large farms for crops that they dont grow. we make modest adjustments to federal retirement programs. we reduce by tens of billions of dollars the tax money that goes to fannie mae and freddie mac. we also ask the largest financial firms, companies saved by tax dollars during fina...

for those of you too young to remember that is a a 1970s movie. >> i want you to go to the window, stick your head out and yell, im as mad as hell and im not going to take this anymore! >> now that sounds like how a lot of people feel these days. this time, instead of the late actor peter finch, it was president barack obama who will people to take action. >> im asking you all to make your voice heard. if you want a balanced approach to reducing the deficit, let your member of congress...

So if youre currently in the medicare about to go into medicare, it supposedly wouldnt affect you under that plan. >> right. >> the presidents plan, also by the way, there no cuts in defense really with that. the presidents plan cuts across the board. you know, i think its a lot fairer plan. the key point here, which i think a lot of people are missing, i dont mean to filibuster, is that we have to do things that are -- that keep the economy going and get it stronger and bring down unemployment....

Thats because the republican plan cuts tax. thats part of the debate. outlays, $40 trillion it would spend. the president wants to spend about $6 trillion more. dont think the republican plan would balance the budget. it would still add $5.1 trillion. thats more than $4 trillion less than the presidents plan. we will in the weeks and months ahead. well not the our conversation. thank you. koupg, more on the breaking news out of japan. the company that owns that damaged nuclear plant says it ha...

Protesters in tehran yesterday. one person was reported killed. president obama is defending his fiscal year 2012 budget plan at a news conference a short time ago. he said program cuts and spending freezes, hes proposing, are based on tough choices. some democrats say the plan cuts too many critical programs, many republicans say it doesnt go far enough. the president is about to award the presidential medal of freedom to 15 people, including former president george h.w. bush. congressman a...