Page 46 - Spending Side News Today

Reduce spending, but an increase in some type of tax. >> republicans go for an increase in tax, theyre heeded for suicide. theyre not going to do it. theyre not going to go for taxes and democrats are not going to cut social security, medicare, medicaid, education, unemployment. those are the big items on the spending side. i think were headed for the cliff. >> thats what i think is interesting about it. you can blame politicians but i think everybody has to look inward as well. are americans re...

Not by growing the government but create jobs by giving the individuals in our country the ability to go out, take risks, invest and create jobs. and so i believe we have to change the mind-set. but i think the american people are ready for that. i think they are ready for a government which is much minister disciplined on the spending side of the ledger and its time we do it. bill: elections can determine that in the end. judd gregg, thank you for your time, good to hear your thoughts. we had p...

Whats the issue? >> that last part that they have a serious problems with. theres a lot of concern that the president will settle on anything at this point or that the four principles the president has laid out to this point are considered objectionable by democrats. leader pelosi is pointing to, brooke, the mechanism set up in the senate. whoever gets 60 votes ends up winning. thats not how the houseworks but thats what leader pelosi is looking for. according to many sources familiar with this,...

On the sidelines and as long as thats the case, we have seven legislative days and there is no clear pathway on the issue. >> its tuesday. you have the senate lunch with democrats and republicans and secretary mattis heading up this hour. why? >> he needs to sell the budget deal. they need to talk about daca and rightfully so. a lot of other issues are going on as well. a spending deal to raise the budget caps for the defense and do nest mostic spending. also a disaster relief bill that needs to...

Slotted for the child tax credit, and is believed that that might be enough to satisfy marco rubio. >> jon: if you get marco rubio vote, are you in? >> it certainly better than without him. there are some wild cards. there are concerns about the impact of the deficit and the spending side. that is what has bob corker concern. how they will offset these things. theres a $1.5 trillion spending limit over a decade that has to be kept below because thats the framework they are working under. theres ...

Why taxes go up because they dont cut medicare. >> you have to address both sides. you have to address the spending side. >> you cant want all of this other stuff because it cant all happen and that would lead to ruin. dagen: but, john, we are seeing donald trump go after regulations for every one dollar in new regulations, these agencies in washington are going to have to the economy would be 25% bigger if we had not had regulations. if there had been no new regulations since the 1980s. >> that...

Broadcasting, the elimination of the national endowment for the arts and humanities. the blueprint being used by trumps taeam would reduce spending. the trump teams budget hues closely to a recent heritage foundation report which takes a meat ax to everything other than defense, including, crucially, social security, medicare and medicaid. cutting social security and medicare has long been a goal for house speaker paul ryan and while trump has vowed not to cut those programs he said today hes re...

But its now a given at this point. if it comes down to a tax increase versus a defense cut, the tax increase will win every time. republicans absolutely do not want to increase taxes and politically cant do it before the next presidential election. >> what actually happens on january 15th? >> i think the best youre going to see is, you know, something that avoids a sequester, that is, just a one-year, short, small deal. >> how do they buy it at this point, though? literally this airline fee? tha...

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Next year and obviously this budget debate is just starting, not ending. that the president got his pound of flesh out of rich people. he goes his tax increase on the rich. now we got to talk about the spending side of the equation. i think obviously the next big fight will be over the debt ceiling. i dont know if republicans will play that card or not. but the president will be hard pressed to argue for more taxes when he just had two tax increases. he had the obama care tax increase which star...