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Includes 1.5 billion-dollar down payment for the u.s./mexico border wall. chief correspondent john roberts is live for us with more on that story. hi, john. >> heather, good morning to you. we talked to mick mulvaney he said what it did the office of management and budget went through everything the president talked about on the campaign trail and developed a budget policy for it thats what we see out today. some spending increases, but slashing spending elsewhere. a couple of the big ticket ite...
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>> were very happy. we passed a balanced budget and its important we owe the country a reasonable plan and grows the economy. balancing the budget is not just a statistical exercise its the necessary means to a healthier economy, it creates more jobs and helps people keep more of hard earned money and a contrast to the other budgets that are passing. at least budgets are passing here for a change, but all the other budgets have trillion dollar plus tax increases and have net spending increases a...
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Anti-islamic video for the deadly attack. >> it would have balanced the budget in 10 years the democratic controlled senate rejected paul ryans budget plan on a 59-40 vote. ryan says it would have put his countrien othe right path. >> we owe the country a balanced budget. its a reasonable plan. grows the economy. balancing the budget is not just a sta stats tis particular call exercise. creates nor jobs. helps people keep more of their hard earned money when the other side is offering even more ...
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And now they are calling for even more tax increases, and they are not calling to cut spending. they are calling for spending increases. so basically what theyre saying is, they want americans to pay more so washington can spend more. thats not going to help the economy, and that is not going to close the gap and balance the budget. the reason we want to balance the budget is not to make the numbers add up. we think thats necessary for growth and opportunity. we think its necessary to make sure ...
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Cliff talks with democrats. treasury secretary tim geithner saying and telling chris wallace republicans must accept the tax hikes for the wealthy to reach a deal. a deal is what we are after. peter doocy live in washington with more. peter, tell us first, speaker boehner -- the big problem right now with the white house proposal that was just presented. >> jamie, speaker boehner says he was flabbergasted when the treasury secretary geithner came to capitol hill and told him what the president w...
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Washington. >> chris: let me pursue this. the president is proposing the buffett rule. the idea if you are making at least a million dollars a year you should pay at least a 30% tax rate and proprosing this just as we find out that mitt romney who is a multimillionaire was paying a 15% tax rate. again, isnt that on just the simplist basis fair? >> if you oversimplify you could make the case. the effective tax rates at the higher end are still higher than everybody else. look at the math. all the...
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And the countrys biggest challenge, domestically speak, no doubt, is a debt crisis and im really hoping that hes going to give us a budget that tackles the debt crisis and if what the -- the early press reports show hes abdicating leadership on that point and it looks like the debt will rise end the budget. >> chris: if it is as it has been reported. and, there is reason to believe these are leaks from the white house, is the budget which has spending increases, for infrastructure and education ...
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They decided to speak. so the people spoke with a very i would say uniformed voice in a race in particular in delaware that you mentioned. people identified mike castle, with a candidate that j obama agenda, which is out of control spending, tax increases that are planned and job-killing bills. theyve said no, they dont want it. whereas, christine odonnell represents the new kind of candidate that is listening to the people. who is clearly said she opposes spending increases. she wont be voting ...