Page 4 - Silly Sequester News Today

From the president of the federal reserve and others have estimated this sequester is going to cost our economy 750,000 jobs. i talk to ceos every day who tell me they have job creating projects on hold because of the sequester and its uncertainty. i talked to a major ceo who says he has 20,000 suppliers, small businesses, that will be deeply hurt. and we could go on about all the impact. >> well, the impact includes -- what about teachers? arne duncan, the secretary of education, said on "face ...

>> 174 of your members in the house voted to support it at your urging. you both agreed to do this. >> the president demanded it at the 11th hour in july of 2011. because he didnt want to be inconvenienced by having another vote on the debt limit before his re-election in 2012. and as a result, with the agreement that senator reid, senator mcconnell and myself had that didnt have the sequester, he would not accept. so he demanded that we find a way so he could avoid a second debt limit vote befo...

Almost universally supported. they voted it through in the house. they paid for it to some extent withes their constituents in the mid terms. but i think that bringing that idea back is such a nonstarter that i cant imagine a compromise position between the white house, which is saying they want to protect medicare recipients, and vouchers. i dont think that will fly with democrats at all. >> whats striking to me is that these issues are still so hard and that the election didnt seem to solve th...

Spending cut was the idea of republicans. but, yes, we put forth the design of how to do that. >> which was the sequester. >> but, david, the right answer is -- >> which was the sequester? >> the right answer is we did all agree to it to force us to compromise on long-term entitlements and revenue reform. >> but that hasnt happened. >> that simpson-bowles called for and others. >> but that hasnt happened? >> and why hasnt it happened, david? >> i think you made your case about that. in the back ...

Apologize. he welcomes my advice. i cant really explain it. all i can say, david, is i hope bob and i can put this behind us because i think it takes away the focus. >> were you threatening him in any way? >> of course not. >> mr. sperling, ill leave it there. i want to clarify one point. in the white houses view, there will not be a government shutdown in several weeks. this fight will extend now to a budget fight in the fall. is that a fair thing to say? >> what is fair is that if republicans ...

President staked out some very clear ground in the presidential debate against mitt romney. heres what he said. >> first of all, the sequester is not something that i proposed. its something that congress has proposed. it will not happen. the budget that were talking about is not reducing our military spending. its maintaining it. >> the white house has acknowledged thats not accurate. the president did propose this. he didnt want it to become law, and republicans supported it. but it was the wh...

Balance what is a brand problem, which is that they are now the party of cutting spending, of austerity. but austerity is not popular. the polling shows that the american people would blame republicans if the pain for a austerity is felt by them. >> so what about the 2014? are we beyond thinking about this year, kathleen? is it about the mid terms? >> well, apparently, its in my newspaper so it must be true. [ laughter ] >> you know, thats a very daunting task for the president. its clearly his ...

Apologize. he welcomes my advice. i cant really explain it. all i can say, david, is i hope bob and i can put this behind us because i think it takes away the focus. >> were you threatening him in any way? >> of course not. >> mr. sperling, ill leave it there. i want to clarify one point. in the white houses view, there will not be a government shutdown in several weeks. this fight will extend now to a budget fight in the fall. is that a fair thing to say? >> what is fair is that if republicans ...

>> back in october, the president staked out some very clear ground in the presidential debate against mitt romney. heres what he said. >> first of all, the sequester is not something that i proposed. its something that congress has proposed. it will not happen. the budget that were talking about is not reducing our military spending. its maintaining it. >> the white house has acknowledged thats not accurate. the president did propose this. he didnt want it to become law, and republicans support...

That raised revenues, which speaker boehner himself you know had called for, as well as long-term entitlements together to get rid of the sequester was not only not moving the goal post, that was the whole idea of the sequester. and i think that email was cordial. it was substantive. it was polite. >> but youre going to regret it. do you think thats a good idea to say that? >> ive had a 20-year relationship with bob woodward. its been friendly. cordial. those emails are very substantive. cordial...