Page 2 - Spending Gap News Today

Though congress has been able to fund for a longer term period, many parts of the u.s. government, but they did not get it all done, and thats where this threat of a shutdown could come into play. it would not be for the entire government, but would be for portions of it, but it gives the president a bit of leverage because he would have to sign any short-term spending gap that the congress would try to put through in order to avoid a shutdown, which we have seen as politically bad for everyone....

Millionaires and billionaires. >> lets bring in patricia powell. thank you for joining us. >> it was april of 2011 when the ryan budget was first introduced. a lot of things from democrats and republicans to define it. now im going to give that job to you. what is the ryan budget plan? >> the ryan budget plan is essentially to try and bridge the revenue and the spending and make it much closer. he doesnt fully bridge the gap even over ten years. over next ten years the plan would be he would spe...

Joining me now, the reverend jesse jackson, founder of the rainbow coalition. i talked to you earlier and you told me what you were seeing on the ground in milwaukee was just something youd never seen before. how do you unpackage what you saw tonight? and these results? whats your reaction? >> record-breaking votes in milwaukee and madison and much of the rural wisconsin democratic base are republican. thats interesting. secondly, 9-1 spending gap does matter. it really means, ed, more super pac...

The ground in milwaukee was just something youd never seen before. how do you unpackage what you saw tonight? and these results? whats your reaction? >> record-breaking votes in milwaukee and madison and much of the rural wisconsin democratic base are republican. thats interesting. secondly, 9-1 spending gap does matter. it really means, ed, more super pac money driving us further and further away from a one-person one vote democracy. im concerned what it means when collective bargaining is on t...

Being spent? the fact romney is outspending your candidate 4-1 at this point. how do you narrow that spending gap? can you? are you confident you can? with big donors? one from nevada certainly but do you need more and do you think its going come on board? >> we certainly would like to get more money but what ive noticed about these gingrich rallies is, you know, they are huge. we have had big numbers turn out. in naples, florida, almost a thousand people turned out for newt. and one youtube the...

Cnn. we applaud your ability. remarkable you have gotten into libya there. take care of yourself. taking a turn back here to the u.s. tonights big political story is in wisconsin. where republican governor scott walker refuses to blink even after a week of gridlock and angry demonstrations by teachers and other state employees. within just the last hour, governor walker insist heed wont give up his fight against the state employees unions as he tries to force concessions to close a $137 million ...

The budget battle is now in full swing, and not just over next years spending plan. theres still no budget for this year. but house debate is under way, and republicans are swinging an ax at spending, vowing to slash $61 billion from the 2011 plan. senator rob portman of ohio is here to talk about it all. you are an expert, sir in these matters. thanks for being with us. first, isnt this a fools errand? were talking about the 2011 spending gap. isnt it a foolser rand bringing these cuts in when ...

Any portion of that wall. so, theyve been moving forward, progressing. they believe they can get there. if they cant, theyre willing to agree on a short-term measure so that friday deadline gets extended a little bit to keep hammering out that deal, but the wild card remains, does the white house demand that wall funding? if they do -- and weve heard kind of mixed messages from them on this -- if they do, that means a shutdown threat is for real. i can tell you, when you talk to senior leaders i...

Republicans alike expressing scep ti similar, this time around they are very, very apart. there have been five extensions that lawmakers have given themselves up to come up with a spending gap this year and the gaps to the two proposals is huge. the republicans have passed a measure in the house that would cut $61 billion from current spending, that is a house-passed legislation thats pending in the senate and the president and the democrats came out with a counterpart, 6 1/2 billion dollars to ...