Sequester Crisis News Today

To take a very critical look yet again at what they propose because just because they tell us its true does not make it so and we have empirical evidence on that. >> were looking forward to it. professor dyson, can you imagine, sir, how well the economy might be doing if we hadnt had the self-inflicted debt ceiling crisis, if we hadnt had the self-inflicted fiscal cliff crisis, and if we hadnt had the self-inflicted sequester crisis? can you imagine that? >> it would be extraordinary. because wh...

The point? hey, were going to make these cuts a year and a half from now, blind. were going to make them indiscriminate, and surely that will get everyone to act. if these cuts are so sensele, surely everyone will come to an agreement. and sure enough -- that was back when maybe that was a slight more -- things were slightly more optimistic. >> and there certainly are some who are saying this is kind of a presidential campaign to destroy the republican party. heres what doug showen and patrick g...

Let us call it earl. it starts with e. the half the fact that nobody cares is nobody can remember the word sequester. and half the people who cannot remember sequester cannot spell it and the other half cannot define it. the sequester crisis? no wonder nobody cares. hence it is political storm earl, the fifth storm of the season. earl is expected to be a damaging storm. economically, earl is expected to cost hundreds of thousands of jobs, jobs in every state in the nation. so far the republican ...

Whereas 52% think that the worst is yet to come. your thoughts, mary katherine? >> well, this is an interesting point. shes right, but yes, the collapse, the big collapse had not at that point. you could argue were stronger than we were right after that point. if you look at these numbers, the 52-40 for the worst is yet to come, this is worse than 2011 although it is slightly better than 2009. so people are on the down slope here, not -- theyre not feeling the recovery obama is telling us were h...

Latest updates on this topic.

$600 billion in revenue over the next decade through new tax increases on the wealthiest americans. the bush era tax rates would be extended for all single americans, with income below $400,000, and couples with income below $450,000. all income above those levels would be taxed at a clinton era top tax rate of 39.6%. and capital gains taxes above those amounts would also be increased up to 20% up from 15%. the deal is also said to include a permanent fix for the alternative minimum tax, and ext...