Sequester Spending Cuts News Today

Technological edge over present and potential adversaries but the most important component in every branch of service are the people who volunteer to serve. we have today the best educated, trained, led equipped and most combat experienced force in history. the operating and maintain the most sophisticated weapons and equipment ever employed on the battlefield but as the military downsizes to comply with sequester spending cuts, both endorsed by the congress and administration, the services are ...

Entitlements, savings versus additional spending i think has to be done with the understanding that at the end of the day if we dont make an agreement, the number is going to be $967 billion in discretionary spending. >> let me pick up on that with you, senator durbin. because as senator blunt suggested, republicans have some leverage here. if nothing happens the sequester spending cuts kick in on january 15 and discretionary spending is cut by $21 billion. paul ryan, the house budget chair, is ...

Entitlements, savings versus additional spending i think has to be done with the understanding that at the end of the day if we dont make an agreement, the number is going to be $967 billion in discretionary spending. >> let me pick up on that with you, senator durbin. because as senator blunt suggested, republicans have some leverage here. if nothing happens the sequester spending cuts kick in on january 15 and discretionary spending is cut by $21 billion. paul ryan, the house budget chair, is ...

Second. i want to talk about what the senate democrats are talking about. senate democrats are demanding that the debt limit be extended for a longer period of time. you guys were talking about november, the gang of 12 was talking january. they wanted it extended longer. they want the sequester spending cuts -- this seems to be the real heart of the problem -- rolled back. theyre not going to have to live under the sequester spending cuts for a long period of time. if that comes out of the senat...

>> well get to obama care in a second. i want to talk about what the senate democrats are talking about. senate democrats are demanding that the debt limit be extended for a longer period of time. you guys were talking about november, the gang of 12 was talking january. they wanted it extended longer. they want the sequester spending cuts -- this seems to be the real heart of the problem -- rolled back. theyre not going to have to live under the sequester spending cuts for a long period of time....

Increasing that debt by about a trillion dollars a year. >> one of the things i talked to secretary lew about was the question of the sequester. as the government begins to run out of money at the end of september, he says the congress should find a way out of the sequester which would be another $100 billion in spending cuts over fiscal 2014 beginning next october. but he said that republicans and he could have mentioned you because i know this is something you feel about, are trying to steal f...

Increasing that debt by about a trillion dollars a year. >> one of the things i talked to secretary lew about was the question of the sequester. as the government begins to run out of money at the end of september, he says the congress should find a way out of the sequester which would be another $100 billion in spending cuts over fiscal 2014 beginning next october. but he said that republicans and he could have mentioned you because i know this is something you feel about, are trying to steal f...

Sequester spending cuts. thats a be pro. with the real problem, the $165 tax increase which is now starting to bite. and im getting quite fearful that growth in the second quarter is going to be a lot slower. and a lot of good democrats who work for wall street banks agree with me. that theyre very concerned that growth is going to be a lot slower. this may be the best we get for a while. that bothers me. >> go ahead. >> i was going to make a comment. did i some number crunching and i think you ...

Thank you. >> gregg: i want to tell you about the fox news alert on the faa cutbacks that snarled air traffic across the country. the agency releasing this statement moments ago saying that it is suspending all employee furloughs. molly henneberg joins us live from washington with more on this. hi, molly. >> hi, gregg. and air travelers will be very relieved to hear that. congressman bill tuesday at the, the chairman of the house transportation and infrastructure committee, says the obama admini...

>> greg: some encouraging news for the nations economy. the commerce department recording the gdp grew at an annual rate of 2.5% from january through march. the gdp is the value of all goods and services within a country. that number, lower than forecasters predicted but it is a big improvement over the previous three months when it grew by just .4%. quick look at the dow jones industrials. the stocks are up today. mostly flat on the session, up about 30 points. the fox business networks peter b...