Spending Component News Today

Enormous january 19th deadline on whether or not the government shuts down. you have kicked the can down the road over and over and over again. is january 19th in your mind a hard deadline and if so, why? >> it is going to be a hard deadline. we in the house have passed all of our appropriations bills. were waiting on our friends in the senate to take them up. >> leland: they have a slightly different math problems than republicans in the house do. especially when you have to get what will now b...

Keeping us uh prized all morning and all afternoon and in the evening with your e-mails and your blog. one of the things you pointed out today is that it is not necessarily that line of taxes. no one above or below a certain point. but it is the spending cuts that are really the target, that are really the sticking point. why is that? >> thats always the hardest part. back to the 1980s when the deficits have started to explode, there have been four or five pieces of legislation over the past 30 ...

>> you know, you have been keeping us uh prized all morning and all afternoon and in the evening with your e-mails and your blog. one of the things you pointed out today is that it is not necessarily that line of taxes. no one above or below a certain point. but it is the spending cuts that are really the target, that are really the sticking point. why is that? >> thats always the hardest part. back to the 1980s when the deficits have started to explode, there have been four or five pieces of le...

Hopefully we can rescue most americans from a tax increase. but what we havent dealt with again is the spending component. jay we just cant afford -- >> we just cant afford a politically self-inflicted wound to our economy. keeping it that way means folks you sent to washington have to do their jobs. the housing market is healing, but that could stall as folks are seeing smaller paychecks. >> with time running out, it sounds like conservatives may have to fight spending when raising the debt cei...

A plan. i do think that something will happen oher the next few days relative to the revenue piece and hopefully we can rescue most americans from a tax increase but what we havent dealt with again is the spending component. and so again we will go through this for another two and a half months. our economy will not be what it should be. americas quality of life will be lesser than it should be. the programs will continue to weigh us down and what we need is action. we have known this is happeni...

police are urging folks to stay off their cell phones just in order to keep those networks free so some of the people in the area can call their loved ones, call their family, tell them theyre okay. but on top of all this, a person dressed up as a policeman walked into this youth camp attended by 700 people and just opened fire. everything is unfolding as we speak. i want to go to nima. bring us up to speed as far as whats happened. does the number seven fatalities, does that number ev...

A plan. i do think that something will happen oher the next few days relative to the revenue piece and hopefully we can rescue most americans from a tax increase but what we havent dealt with again is the spending component. and so again we will go through this for another two and a half months. our economy will not be what it should be. americas quality of life will be lesser than it should be. the programs will continue to weigh us down and what we need is action. we have known this is happeni...

Hopefully we can rescue most americans from a tax increase. but what we havent dealt with again is the spending component. jay we just cant afford -- >> we just cant afford a politically self-inflicted wound to our economy. keeping it that way means folks you sent to washington have to do their jobs. the housing market is healing, but that could stall as folks are seeing smaller paychecks. >> with time running out, it sounds like conservatives may have to fight spending when raising the debt cei...

Happened in the past where you cut taxes and then raised spending. this is cutting taxes and cutting spending -- >> okay -- >> when you take that -- >> i take your point. lets get down to the spending component. you say you want to take government spending from 24% of gdp, where it is now, all the way down to 18%, according to the wall street journal, that would mean $twenty1 trillion a n annual spending cuts. where are you going to get $1 trillion a year? >> well, chris, they are spending $3.5 ...