Page 26 - Sequester Cuts News Today

There. im really glad that he is going to china next. we cannot as i said earlier, have china basically missing in action during this moment. >> i want to turn to the presidents budget that came out on wednesday. obviously, one of the things he is trying to do is replace the automatic sequester cuts which has a huge impact on military spending, as you well know. do you think that this is the right balance? the president striking here? and do you speck from your time on the hill that we are in a ...

Protected. >> sequester cuts forcing children all across the nation out of head start programs. well share one family story. plus, the fight to protect the vital programs for low-income families. but first, theres a lot going on today. here are some things we thought you should know. president obamas new advocacy group collected nearly 4.8 million during the first quarter. more than 109,000 supporters donated to organizing for america. the average donation, $44. it was form to advance his second...

Sequester cuts that need to be restoerd, that makes investments that need to be made in things like education and in research. the things we know, infrastructure, $50 billion more in infrastructure. these are things that would help our economy in the short run, you know, expanding the earned income tax credit would help deal with inequality, so, i think hes looking at this. you say im talking policy youre talking politics, i think hes thinking policy. this is something i can get done. it is a re...

A combination of those things would be great. probably not salable, but good. we should mention that my understanding is the presidents budget builds into it protections for older seniors, for people who are vulnerable, people on the lower end. but, you know, i know that im a political guy, i spent my whole life working on elections. two years in the white house, but you asked me what is the president thinking, and i dont think that hes sitting there thinking, how can i get some advantage by pic...

Today is laid out what he considers a compromised position to try to restart debt talks with republicans. the headlines out of this budget are that hes proposing reforms to social security and medicare. big thing from a democratic president to do, not well-received by some progressive groups in the presidents own party. but even republicans say its not enough. so hes managed to -- with the budget anger both folks on the left without winning over people on the right. a bit of a challenge in under...

Presidents cut to entitlement programs like social security and medicare benefits. more on this coming up in the show. david growing, your thoughts? >> honestly i think the white house would like to see more of this progressive outrage and see more liberals complaining about what he is proposing but the difficulty he still got is with republicans who will find 580 billion reasons why they dont like new tax increases and more spending. i think its important to remember that the presidents view ab...

A way of achieving accuracy and why it is a conconcession, it is in the natural interest. that is way over emphasized and the fact that mcconnell is right. it is reduction of debt is minis cule and all in taxes and the kind of deductions that you get is in the future after obama office. this congress doesnt have the power to democratic the congresses in the end of the decade in all of the supposed cuts. obama cancelled the real cuts and the sequester cuts of a trillion in return for imaginary or...

I would love to spend all of this time praising your writing, writer to writer. >> thank you. >> but ive said it, i think your team was the best speech writing team the white house ever had. i think the president is the best presidential speech writer of his own material that ive heard, i assume you as boss of that team are the best of the best. thanks for that, john. i am fascinated in how much focus the people who are suffering, the sequester cuts and the cuts to come, are not getting attentio...

That sequester cuts will make it more difficult for people experiencing hard times. their plight depicted in a new broadway play, "hands on a hard body" about people competing to pin a pickup truck. unfortunately, they dont have lobbyists to represent them in the halls of congress, but they have the voice of, and i mean this, the best presidential speech writer in history. he will join me next. mine was earned in djibouti, africa, 2004.

Become a friend and a collaborator on virtually every major speech i have given in the senate, on the campaign trail, and in the white house. john favro joins us from washington. thanks for joining us, john. >> thanks for having me, lawrence. >> i hope it becomes a regular thing. i would love to spend all of this time praising your writing, writer to writer. >> thank you. >> but ive said it, i think your team was the best speech writing team the white house ever had. i think the president is the...