We will be forced to austerity. It will be pledged upon us. We ought to be doing that now before that happens rather than when somebody else is telling us what we are going to do. Thank you. Coming up next, attorney general holder releases the details of the 4. 5 billion in the bp oil sediment. Ed markey reacted to the settlement with bp. That is followed up by president obama touring a Hurricane Sandy damage in new york. In 2010, the deep water rights and rid explosion was the worst oil spill. Rig explosion was the worst oil spill. There was a 4. 5 billion settlement case. This briefing is half an hour. Good afternoon. Im here with the assistant attorney general from the Justice Department and the security and Exchange Commission of enforce. And head of deep water verizon task force and announcing the latest step forward in our ongoing efforts to achieve justice for those whose lives and livelihoods were impacted by the largest environmental disaster in the history of the United State
The same support. The president now has the upper hand and when he talks to Speaker Boehner he will have to take that message back and he gets a little bit more behind him. Week and a shop with a meeting between the leaders and the white house. What is the dynamic . It will be very interesting to see. Hopefully we will hear from them exactly what their conversation was with the president. It is unlikely that were going to see a detailed agreement on specific issues. Are we going to hear about tax breaks or how entitlement reform is going to happen in the deal . On not sure. These figures are going to be out there. Theyre all going to be scrambling to set the tone in the way that they want to set it. Of they will have discussions like the Democratic Leaders also say let these are the areas where we made clear to Republican Leaders where we are not going to budge. Thank you for your time. [captioning performed by national captioning institute] [captions Copyright National cable satellite
Just a number. It does not a price tag that we have on this country. It is that outofcontrol control spending that is threatening the next generation. The next generation of american leaders and the jobs that they will have once they graduate. They need skills to make sure mirko will be competitive moving forward. Spending is a problem. We continue to urge the democrats to make the responsible spending cuts. We are committed to a smarter approach to spending reductions and reform and getting america back on track so that the next generation will have a bright future. Back in 2008, that then senator barack obama said it was unpatriotic that our National Debt had increased 4 trillion. Here we are halfway through an eightyear term for president obama and the National Debt has increased on his watch. We have a spending problem. The president continues to want to raise taxes. We have trillions of dollars on taxes and a healthcare bill and 700 billion at the beginning of the year. Now he is
Start for little children. Big oil, over little children. Instead of closing tax loopholes for corporations that shipped jobs overseas, 750,000 jobs will be lost here. Because of the sequester and the continuing resolution that contains the sequester and the fix were in because of the refusal of the Republican Leadership to close those loopholes. Instead of ensuring americans pay their fair share, our military readiness will be impaired. Unless the defense we have kids who wont get proper training to take them into harms way an health care for americas military families will be cut. There is an answer to all of this, that is we need to close, stop the tax, the spending in our tax code. Everybody talks about reducing spending as our colleagues on the other side of the aisle do. And we all adepree we need to reduce it. Thats why 1. 6 trillion in spending cuts and we can try to find more. But why cant we stop the spending on the tax code, the spending of tax giveaways. Theyre called tax e
War for u. S. Troops. Pulling out all american troops from the country. The administration now responding to a vicious onslaught by islamic militants that have sparked a humanitarian crisis. The pentagon Spokesman Says two u. S. Fighter jets bombed artillery used by the group isis which calls itself the islamic state. The batteries were based outside erbil in Northern Iraq. The faa here in washington restricted u. S. Airlines from flying over iraqi airspace. President obama has authorized what hes calling targeted air strikes in iraq, but the president is trying to reassure americans that the u. S. Will not be dragged into another ground war in iraq. He says no u. S. Combat troops will return to iraq. He says no boots on the ground. U. S. Military cargo planes carried out humanitarian air drops to thousands of iraqis stranded in the mountains. Families with the yazidi minority, thats a religious ethnic minority, have been trapped without food or water after escaping possible slaughter