Page 42 - Sequester Cuts News Today

With the nations governors asking them to pressure congress to do something. but louisiana governor bobby jindal is among top republicans accusing the president of trying to scare americans. he said instead its time for mr. obama to show leadership. >> congress should not allow these arbitrary, sequester cuts to go through and hurt our economy, slow our recovery. theres got to be a better way. >> now is the time to cut spending. it can be done without jeopardizing the economy and jeopardizing cr...

Asking them to pressure congress to do something. but louisiana governor bobby jindal is among top republicans accusing the president of trying to scare americans. he said instead its time for mr. obama to show leadership. >> congress should not allow these arbitrary, sequester cuts to go through and hurt our economy, slow our recovery. theres got to be a better way. >> now is the time to cut spending. it can be done without jeopardizing the economy and critical services. >> south carolina gover...

Everybody starts from the same point. >> its a way of talking about how were going to hit poor people more. >> were talking about the beginning of life -- not the end of life, but the golden years. >> governor, really quickly, how much do you think -- i mean, nikki hailey was saying we got to get to work, we have to do something. at the state level there is something on the part of the -- the people at the state level, whether that statehouses or governors in the executive branch are going to sa...

Rendell, assistant managing editor and fortune magazine lee gallagher, who is just classing it up. she just doesnt need weird nicknames. the man with the golden throat, political analyst and georgetown university political professor eric dyson. >> as the looming sequester cuts, fear not. congress is back to work. >> will the house act? >> we should not have to move a third bill before the senate gets off their ass and begins to do something. >> we passed bills last year. i remind them that was a...

Of compromise. >> reporter: tomorrow the president will begin showcasing the impact of sequester cuts on individual states when he travel s have virginia where 90,000 civilian defense workers would be furloughed one day a week, jenna. jenna: a big story in the state of virginia and many states, wendell. we know the president just made these comments in the last hour or so, but whats the republicans take on all this? >> reporter: they say the president got the tax hike hed been demanding at the e...

Law now. >> chris: but you never passed anything. >> and we will vote on something this week. and it will be a balanced approach. it will do both spending cuts and it will close some loopholes. some really important loopholes that need to be closed just from the sense of fairness in the tax code. >> chris: we will pick up on that in a second. i want to go back to what senator coburn said because the president says all kinds of terrible things are going to happen if these triggers if these seques...

Them. the big item is the sequester cuts that are due to come up on friday if no deal is reached to avert them before then. heres the president on the sequester. >> as ive said we should be asking ourselves three questions every single day. how do we make america a magnet for good jobs? how do we equip our people with skills and training to get those jobs, and how do we make sure if they get those jobs that their hard work actually pays off. as governors youre the ones who are on the ground seei...

The daily flashback -- it was this day in 1919 when the gas tax was born. oregon became the first state to tax gasoline, charging 1 cent per gallon. 94 years later drivers in oregon now pay 30 cents in taxes per gallon. but as cars get more fuel efficient, oregon is considering a different type of tax to make up for the lost revenue. they will track you by the mile. congress is back to work today after a week-long break. with $85 billion in sequester cuts taking effect in just four days, the r...

Earlier this morning meeting with the nations governors to discuss the impact of the looming sequester cuts at the state level. the governors are also grappling with another issue. whether to expand medicaid coverage in their states under the new health care law. under the presss plan medicaid, the federal program that provides health care to low income americans, is said to bring in millions of darnl americans who have been thus far unable to afford health insurance. there is a catch. under the...

>> chris: but you never passed anything. >> and we will vote on something this week. and it will be a balanced approach. it will do both spending cuts and it will close some loopholes. some really important loopholes that need to be closed just from the sense of fairness in the tax code. >> chris: we will pick up on that in a second. i want to go back to what senator coburn said because the president says all kinds of terrible things are going to happen if these triggers if these sequester cuts ...