Page 19 - The Automatic News Today

Im not quite as bullish in many ways as you just sounded, although i thought your argument was very compelling. i kept telling myself as i listened to you, i thought this was kind of dysfunctional the way you just went through it. made it sound a lot better. and i thought you made a lot of compelling upon t inling points look i thought the revenue was a little bit light. i also thought the debt ceiling, the sequester, hits again, comes back in march, the automatic spending cuts. i thought the es...

Tax side, but the automatic spending cuts about to kick in. he said if we raise revenue by the wealthy paying more, that would be sufficient to turn off this request or whats called the automatic spending cuts and thats what republicans have been suggesting if he raises more revenue raising taxes on the rich, hes not going to put it towards the deficit, but the president kind of suggested that today. >> and a question from the beginning and its your segment, go ahead. >> ive been on the show for...

Tax side, but the automatic spending cuts about to kick in. he said if we raise revenue by the wealthy paying more, that would be sufficient to turn off this request or whats called the automatic spending cuts and thats what republicans have been suggesting if he raises more revenue raising taxes on the rich, hes not going to put it towards the deficit, but the president kind of suggested that today. >> and a question from the beginning and its your segment, go ahead. >> ive been on the show for...

Tax side, but the automatic spending cuts about to kick in. he said if we raise revenue by the wealthy paying more, that would be sufficient to turn off this request or whats called the automatic spending cuts and thats what republicans have been g if he r revenue raising taxes on the rich, hes not going to put it towards the deficit, but the president kind of suggested that today. >> and a question from the beginning and its your segment, go ahead. >> ive been on the show for ten seconds, by fi...

Middle class tax cuts, on unemployment insurance and medicare sgr, the automatic cut to payments to medicare doctors. beyond that i dont see very much happening. i think the sequesters a reach. i dont think there will be any resolution of debt ceiling or any stimulus. what were doing here, we are not going to offset the fiscal cliff, just doing the bush tax cuts. well only take away about 11%, 12% of total economic impact of the so-called fiscal cliff, all of the policies brought together becaus...

Sequester, the automatic spending cuts and also have a better outcome for our economy long term. >> senator graham thinks its possible to find $600 billion in cuts elsewhere to spare the defense department for the next decade but a bipartisan agreement probably cant be reached until february or march. >> thank you. joining us now more on this, the military cuts, jack keene, retired 4 star general. thank you for being with us tonight. >> glad to be here. >> how do you get the job done of protec...

Yesterday. he drown last sunday while surfing in puerto rico. those are some of your headlines. right now, we are under 90 minutes away from a loose deadline. president obama placed blame on speaker boehner for putting the country on the edge of this cliff. >> what we have is a situation where these automatic spending cuts go into place. if we have raised revenue by the wealthy paying more, that would be sufficient to turn off whats called the sequester, the automatic spending cuts. that would h...

Even worse than he has the past week or so? >> getting a bipartisan deal, i mean thats really an interesting question if it ends up making somebody look worse. whats interesting to me about the calculus in all of this, this little bit of political kabuki theater. in some case thats actually what it is. polls are showing that the american people are actually following this debate very closely. its one that has been warned about for a long time. the automatic sequestration cuts have basically been...

Created as a last-ditch efforts, to force congress to deal with the debt problem and in theory, congress and president obama could say no to the fiscal cliff by extending all the tax cuts an overturning the automatic spending reductions incurrent law. what about that scenario? >> i think that is right. and frankly is probably what theyll do. look at the timeframe congress has left, i think, at the beginning, you said, it is nine or ten days and it is really four by the time they get back on the ...

See the guy in black camouflage with the automatic, semiautomatic coming towards him. its worth the cost of his salary. >> good stuff. straight ahead our next guest puts the gop in full meltdown mode. how can leadership handle the party with republicans all wanting to beat to their own drummer and it may be friday but a lot of news to get to. we cycle the spin now. ♪ and i brought some corn for popping ♪ ♪ lights are turned down low seventh ♪ let it snow let it snow let it snow ♪ plus ...