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February 22, 2013
Republicans want to be able to fight president obama on something. and we might not see a resolution of these sequester cuts until after theyve gone in to effect and to see where the political gauge is from there and then an overall political campaign. the republicans have been making these arguments as president obamas used the bully pulpit and that he was responsible, in fact, solely responsible for the sequester. >> rand paul, did he release i guess his own proposal a short time ago? >> he di...
February 22, 2013
Capped rate which is now at 20%, and weve all heard the story of warren buffett, who pays a smaller percentage in tax than his secretary. take a look at the distribution of capital gains. in 2012 the top 1% received 47% of all capital gains. overall the top 1% took home 71% of all capital gains. thats where the moneys going. to the top. because capital gains tax rates are lower than the average americans. this led to the top 1%s income almost what? doubling. capital gains, my friends, is the gol...
February 22, 2013
Says to the tribune, im for sequestration, hatch said. weve got to face the music now or it will be much tougher later. but check out what he said in the very next paragraph. hatch said sequestration would lead to an economic disaster in utah. he said it would be devastating to our nations readiness. now how can republicans be for something they think will be an economic disaster, e.j.? >> youre asking me to explain that statement? if you shorten the quota, it would sound like im for disaster. t...
February 22, 2013
Just like capital gains. because the 1% pay republicans big bucks to do what? keep it that way. this is why republicans are willing to let sequester cuts kick in. this is the golden goose, as ive said. they will not give up. and theyre willing to let the rest of the country suffer for it. republicans. the party officially of the rich. he will have a tough time. going forward. >> the blade runner case explodes again with a bombshell revelation about the lead investigator. attorneys marcia clark...
February 22, 2013
Increases, protecting them from higher taxes. long-term investment. just like capital gains. because the 1% pay republicans big bucks to do what? keep it that way. this is why republicans are willing to let sequester cuts kick in. this is the golden goose, as ive said. they will not give up. and theyre willing to let the rest of the country suffer for it. republicans. the party officially of the rich. he will have a tough time. going forward. >> the blade runner case explodes again with a bomb...
February 21, 2013
Something and it cost $3600 and somebody said well, i will take $85 off the price, would you think that is steep cut in the price? i think most people would say not. it is unlikely that it has to have these enormous effects. you know, president obama is talking about meat not being inspected, air controllers not being at airports, all sorts of very, very dire effects. warnings of long waits at tsa lines at airports, --. bill: talking about 7,000 tsa workers laid off. >> yes. bill: during the pea...
February 21, 2013
The poll also finds less than one-third of americans would blame the president if the sequester cuts kick in. nearly half of all americans would blame republicans. and on immigration, half of those polled say the president is taking the right approach. 33% endorse how republicans are tackling the issue. >> so james, if im still congressman in northwest florida and somebody hands me this and says, youre in trouble. im in trouble. i may get 79% instead of 80% of the vote, but thats whats running t...
February 21, 2013
And what luke was saying and may use it to cut spending that republicans favor. still the gop acting responsibly and perhaps put the president and the democrats on the defensive. this long, drawn-out little excerpt that i gave you bottom line is he doesnt believe that the strategy at least were seeing or lack thereof is one thats effective. >> yeah. absolutely. its not proven effective just by the polling you showed earlier in the program showing the sequester goes through, half the american pub...
February 21, 2013
It down to 5.2% of the increase, which is a, which is a cut on the increase of 8.3%. do i have the math right on that? >> you have it right. it still goes up. the other thing to remember about these sequester cuts, even if they take effect on march 1st, what will happen then is nothing. a lot of federal agencies are required to give workers 30-day notice if theyre going to be furloughed or a day a week or day every two weeks. nothing will happen immediately. what there will be in washington, mar...
February 21, 2013
Shira, add to what jonathan said on a new poll most americans arent paying attention. a lot of people were engaged in the fiscal cliff and we think of a jury with the sequester. very few people said they have paid a lot of attention to whats going on here. how does that play at least in negotiations if at all? >> well, i think theres less of a kind of a crisis mentality. if anything, voters have crisis fatigue at this point. debt ceiling versus fiscal cliff and now the sequester and as jonathan ...