Page 28 - The Automatic News Today

He will not negotiate over whether to raise the debt limit. why dont you believe him? >> well, i dont believe him for sort of practical reasons and partly for the history of his negotiating style. the practical reason is we have a couple of things coming up that he is clearly going to negotiate over, one of which is the sequester, the automatic spending cuts that they delayed for two months when they did the fiscal cliff deal. that is going to expire late february and early march. it is hard for...

Yesterday, you can kiss the automatic motive industry good-bye. it wont go hoefr night, but its demise will be virtually guaranteed. without that bailout, detroit will need to drastically restructure itself. does anyone in ohio think that mitt romneys nonplan for the auto industry would have the industry where it is today? >> there may be one or two. but most ohioans understand what this president has done for ohio and michigan and indiana and many other states where this industry is so vietly i...

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"washington times," reporter breaking the story down. currently, sir, the department of defense is supposed to give employees a 60-day notice of layoffs spending. so you do that backward it puts us as november 1. >>guest: the election is november 6. so, it is not the defense department, but the defense contractors who have to do the business, required by federal law with mass layoffs they are required to tell their employees at least secretary days out. it is called the warren act, it is a feder...

Kind of go band back and forth. they lost money and they are asking for $4.6 billion. we cant afford to elect taxpayers have spent $150 somebody whose battle cry is i billion to prop up fannie mae know nothing about washington. i think you need to know where and freddie mac in the most extensive bailout in the 2008 the bodies are buried and what to do. financial crisis. i think newt is the guy who does to find the fox business network that. log on fox business.com. >> greta: that the governor ro...

Mistake. what theyre going to to try to do, bring the democrats along and say do you want the defense cuts and leon panetta says, no, the president is threatening to veto that. go ahead and do that, lets have a debate about the need to fund our military. >> will those cuts ever happen, dan. >> with strong presidential leadership, they will. im very much for this sequester and really, weve supported it in the past and its the only way that washington is going to cut that budget. >> look ma, no ha...

To the last weekend. that is not how adults should be doing things but, once again, this was an idea that came from harry reid and not an idea that i was warmed over, but in the sense of trying to get something done in washington, dc i saw the government control act 70 percent to 75 percent solution and i wish i was on that joint committee on deficit reduction and we would not be going home until we got this mission accomplished. we would have started three months ago. >>neil: it looks to me and...

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Instance on this list is basically every veterans program. >> what do these programs have in common, the plans on this list? >> some are mandatory, the governments already sort of promised to pay them in the past. for instance, there are pensions to the widows of members of congress on here. there are pensions to former members of congress on here. theres the presidents salary. its all stuff that the government has at various times xhiltsed e committed to paying. and the way the law works, the s...