Page 7 - Spending Increases News Today

This bill, the spending increases, its going to cost almost that much. >> shepard: the tax bill is where it started. everybody has a tax break now. self getting more money. theyre happy about it. your tax break is going to end and corporation tax breaks will continue forever. its great to talk to you, andrew taylor. congressional reporter for the associated press. thank you. another look at the white house now. well bring you the leaving as soon as it starts. an empty podium does not speak. a li...

And jon, president trump just tweeting that he supports this budget deal, but it still faces some opposition in the house tonight, doesnt it? >> reporter: it sure does. first of all, house conservatives hate this agreement, because it includes massive spending increases. and nancy pelosi today broke the record for the longest speech on the house floor in history, more than eight hours, taking issue with the agreement, because it does not include protection for the dreamers, those undocumented im...

Well, not so nice way to put it, but theyre sellouts. theyre sellouts. there were people in my class that came in with me in 1994 who were fighting for deficit reduction. we balanced the budget four years in a row and they were tough as hell when bill clinton was in the white house. it will second george w. bush got in the white house, whatever he asked for, they rolled over and gave it to him. they didnt care. suddenly the thing that drove them the most to run for office, they completely surren...

Together and figure out a way to cut down the spending. i have a concern about the deficit, too, but some of those folks vote for big spending increases, and thats part of the issue, too, chris, its not just the tax side. you cant just project uninterrupted spending increases as a republican and say we are fine with that. we are supposed to be the party that wants to streamline government. >> its not an either/or, it could be both. argue about spending, those are political choices, but on this o...

Issues, deregulation and taxation, for example, getting gorsuch through. those kinds of things will begin to lift, but it wont be trump who is getting that done for him. i really think that this has not been fatal for trump. no question about that, but how nimble hes going to be and whether he can change. we havent seen much evidence of that in his private life or in his public life, and i think thats what we have to watch. >> its interesting to me, his instinct is to want to work with democrats...

Just as the treasury department began to exert extraordinary measures to regulate government that. donald trump putting finishing touches on proposed budget which includes a lot of cuts and a lot of spending increases. therefore little in dirt, columnist at the hill. good to see you. how much of this budget that we will see late this week, early next is the art of the deal. as president trump putting out what it ought to have been not necessarily what hell settle for. >> i think thats quite char...

I take a different view. we should have spending increases. >> her leadership. inl spird. membership. true believers. taking the campaign, door to door. in campaign offices, volunteers speak glowingly about their leader. >> she is excellent. she is brilliant. but they are fired up by the bruising experience that failed independence referendum. >> stronger and stronger. and continue to do so. >> opinion polls consistently suggest the snp will win most of the parliamentary seats in scotland. teari...

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 ...

Arent loopholes in there that should be closed and the savings be dedicated to reducing the deficit. why is that such a radical idea to most republicans? >> thats what i suspected you were going to say, senator durbin, which is it cant be short-term spending increases for long-term spending cuts revenue. is that a nonstarter? one of the ideas is not raise rates but just that you would close some loopholes, tax reform, and use some of that money to cut the deficit. >> i dont know anybody opposed ...

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 ...