Page 42 - Spending Problem News Today

Today house speaker john boehner said he refuses to raise taxes in order for the government to make ends meet. >> lets make it clear that the president got his tax hikes on january 1st. this discussion about revenue, in my view, is over. its about taking on the spending problem here in washington. > so what happens now? everything from drastic military cuts to longer lines at the airports to more unrelated pot holes on the interstate. wendell goler is live at the white house. i dont know exactly...

Taxes. >> the president got tax hike on january 1. the skig about revenue in my view is over. its about taking it on the spending problem in washington. >> bret: in spending there was an agreement. boehner and the president said they want to avoid a government shutdown at the end of march. meaning they plan to extend the funding at the current levels lowered by the budget control act of 2011. in private, do the presidents aides say they are worried that people dont feel pain from the sequester e...

Services committee he would look at it as a sacred cow. here is something near and dear to me, i have relatives in the military, but we could find saving. if we had every member of the senate and house, in their district, doing what we did. and i dont think you hadd hav to worry-- >> why didnt that happen? >> it comes it leadership. thats the thing thats missing and lacking and resolute leadership that will tell the american people that we have a spending problem. when you have individuals in wa...

Strategy, they are hitting the president for what they call a long campaign to scare americans. heres the speaker of the house, john boehner. >> the administrations trying to play games, play games with the american people, scare the american people. this is not, this is not leadership. >> you just accused the white house of fear mongering. >> listen, theyre out there making a lot of noise. what they really ought to be doing is coming up to the hill and working with the senate democrats to pass ...

Under no circumstances are taxes going up because the president is insisting on tax increases as part of any deal. are you going to-- can you tell the american people tonight 100% certainty, thats not going to happen in this case? >> thats not going to happen. no, no taxes are coming out of this house, ill tell you that as the majority whip. whats more important for the american people to know, theres not a need for more taxes. for the last 40 years, the percentage of what revenue came into gdp ...

>> were open to any reasonable approach. yes. but remember, we cannot solve the problems of this country with cuts, cuts, cuts. weve cut $2.6 trillion. we need to do more. but were going to do it with -- in balanced approach. we cannot continue to hurt the middle class and the poor. >> so the republican plan failed first. then the democrats had their own plan. it would have included new tax revenue, which republicans didnt like. this plan really took a beating when the congressional budget offic...

Under no circumstances are taxes going up because the president is insisting on tax increases as part of any deal. are you going to-- can you tell the american people tonight 100% certainty, thats not going to happen in this case? >> thats not going to happen. no, no taxes are coming out of this house, ill tell you that as the majority whip. whats more important for the american people to know, theres not a need for more taxes. for the last 40 years, the percentage of what revenue came into gdp ...

I think he would lose the speakership. >> does he have a gun to his head? >> yeah, he does. look. we just raised $300 billion in taxes. >> on the top 1%. >> you raised taxes. go to the fundamentals, chris. i dont care if its the top 1% or the bottom 50%. >> the top cares. >> im sure you do care. youre the top 1%. >> lets not make conjecture part of this show. >> this is the point though. that is an issue for a lot of the republican leaders in the house. >> so the word tax is offensive to them? >...

>> does he have a gun to his head? >> yeah, he does. look. we just raised $300 billion in taxes. >> on the top 1%. >> you raised taxes. go to the fundamentals, chris. i dont care if its the top 1% or the bottom 50%. >> the top cares. >> im sure you do care. youre the top 1%. >> lets not make conjecture part of this show. >> this is the point though. that is an issue for a lot of the republican leaders in the house. >> so the word tax is offensive to them? >> its not just the word tax. its the id...

Letting contracts, they are not hiring people, they are not doing what they normally do. youll see a slow down in our economy. youll see services that will be delayed, whether its calling to find out about your social security check or whether it is standing in a longer line as you go through the airports. youll feel it. but the most important impact will be on our economy, and this is avoidable. what we need is democrats and republicans sitting down and working out an agreement, thats what we s...