Page 9 - Sequester Cuts News Today

Because it got so close to the edge. and i think what i heard from them was that they have confidence in our economy, much as the business people i talked to have confidence in our economy. i think what we need to do here in washington is to go from the coming together on wednesday night where we saw a strong bipartisan majority do the right thing and make progress from there, show that we can work together. >> so one more economic question. a lot of republicans are calling about the fact that w...

Because it got so close to the edge. and i think what i heard from them was that they have confidence in our economy, much as the business people i talked to have confidence in our economy. i think what we need to do here in washington is to go from the coming together on wednesday night where we saw a strong bipartisan majority do the right thing and make progress from there, show that we can work together. >> so one more economic question. a lot of republicans are calling about the fact that w...

Will the sequester cuts that cut it down to 967, well fund for you that this year. do you think the members in the house and the senate are ready to forego that over this battle of obama care and shut down the government? >> i think they will. its playing out entirely on their terms in their vocabulary. theyre delighted to avoid another frontal charge against the entrenched forces of obama care. >> well have to leave it there to be seen. thank you, panel. see you next week. remember, our discuss...

Writing a piece on this and that so that the republicans faced a loss with regards to the government shutdown, very unpopular, but fiscally, theyre winning the fight. theyre keeping washington to spending levels that the democrats really dont want. so in the long-term, even if nothing comes out of this budget committee, it is going to be a win for the republicans. >> thats the part that i want to sort of understand here, so -- we had the whole dispute over the shutdown and the default and some c...

>> the sequester cuts. >> and the whole deal. bts its about a 3% of gdp tightening now over so the u.s. looks good to me. im quite optimistic about the u.s. in the next year or so. >> i might not be quite as bullish as that but i think the u.s. has the potential to accelerate but i worry weve been here again and again and each time things have been messed up and we havent got beyond this 2% growth. the answer to the question as always will depend on washington. it depends on what they do early n...

Slow but steady recovery. thats the tragedy here. >> the u.s. looks good. the u.s. economy has survived massive fiscal tightening. it looks quite robust. sequester cuts. and the whole deal. its about 3% of gdp tightening and now over and so u.s. looks good to me. im really quite optimistic about the u.s. in the next year or two. >> not quite as bullish as that but the u.s. does have potential to accelerate. i worry that weve been here again and again and each time things are messed up and we hav...

We know that from the shutdown there was a loss of economic activity. i cant give you a number today of what it is. i know the direction. the direction is it took an economy that is fighting hard to get good economic growth going to create jobs for the american people, and it took it in the wrong direction. our job in washington is to move things in the right direction. this one was a little bit scary because it got so close to the edge. and i think what i heard from them was that they have conf...

Can agree on that ought to be cut out. all of those essentially are savings. so we have to find some savings to make possible offsetting the sequester cuts that under the budget control act will automatically kick in on january 15th. >> good morning, senator. this is vicki difrancesco soto from ut. my question is, we see that the confidence in government is near an all time low. the public is already skeptical about congress and this committee, what are you going to tell the public in terms of h...

Indicating this is a problem, the strategy was a failure and we have to retake control of the house of representatives. now, i think democratic unity was very important throughout this entire process. the white house, leader pelosi, harry reid, members of the rank and file all did a tremendous job. and what we see now is an emerging civil war. i think there are three factions. you have to business faction, which largely includes moderate republicans, you have the tea party faction, which is resp...

Medical device tax $30 billion often years. thats something the president is willing to make some concessions on if for a similar amount of funding you could get a decrease in the sequester cuts. you know, there is a huge amount we know of revenue generated by american companies sitting overseas that arent brought back because of where the corporate tax rate is. you could repatriate that money, take some portion of that and fund, you know, say infrastructure or some series of improvements on the...