Page 49 - The Sequester News Today

Day. fewer than 25 points from closing a record high that it hit five years ago. whens the true impact? what would be the true impact of the cuts? >> well, the true impact is that it will happen very slowly so its like a slow-moving train through the economy and its true that the stock market finished very high yesterday. doesnt seem like the stock market and business leaders are worried about the sequester now but six months from now once the furloughs have gone in to place and the cuts are goi...

Democrats say we want a balanced approach. you can argue the details of that balanced approach but the republicans answer is we want spending cuts. how do you negotiate with that? i think thats i think the difficulty. i think they thought and i was there. they thought that this would -- the sequester would force them to the table and decided not to be at the table and thats the reality of washington dysfunction when the republicans control one of the chambers. >> chris, nancy, always a pleasure....

Republican governor rick scott actually agrees writing to the president, he says, quote, the impacts on floridas military installations and defense industries will be severe under sequestration. our immediate concerns include dramatic reductions to our national guard, which threatens our ability to respond to wildfires this spring and hurricanes this summer. oh, do they need federal funds to do that? what a handy reminder. governor scott, of course, blamed the president for the sequestration pro...

A demand for some kind of national voting law. coming up, when you dont want something to happen and you can stop it from happening, what should you do? stop it from happening. yes, you are correct. and if john boehner really hated the sequester, he could stop it on just one line with a piece of paper, the easy solution he wouldnt take coming up. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics indust...

Able to get a vet on their own bill that would have stripped protections for victims who are in the lgbt community, would have stripped protections for women on indian reservations. and would have made distinctions about people who received domestic violence services and instead we passed the senate bill that didnt draw those kind of distinctions and never drawn in services and shelters and programs and passed the bill we should have passed long ago and did it in the house and senate with bipart...

Has always been there. i think the court is right, if the court strikes down the law and in response we can then make a demand for some kind of national voting law. coming up, when you dont want something to happen and you can stop it from happening, what should you do? stop it from happening. yes, you are correct. and if john boehner really hated the sequester, he could stop it on just one line with a piece of paper, the easy solution he wouldnt take coming up. but the. one thats always elude...

In about 15 minutes, the senate will take votes on rival democratic and republican bills that would avert the sequester but both bills are expected to fail. the democratic bill wards off some cuts focusing spending reductions on farm and defense programs. it also includes tax increases on wealthy americans and the oil and gas industry. meanwhile, the republican plan would keep the $85 billion in cuts but allow president obama to reallocate those cuts. heres the senate majority and minority leade...

Whether we can begin to make relatively small cuts to spending before we take off on that italian road. we think we are immune from the forces of history. europe used to think it was immune from the forces of history. jenna: your policy and sequester. >> lets do it. lets show we have the political courage to cut spend nothing government. jenna: if we dont? >> we are even in more trouble than we say. jenna: we are drinking capuccinos, 24 hours a day it was a great read. appreciate you on set as a...

Sited the "wall street journal" poll its overwhelming. 52% of americans tell the "wall street journal," sequester is a bad idea. though dont like that idea. but when you ask them in general, how do you go about this? they want the cuts done. there is just no question. americans feel that this is a burden on future generations, and they want something done. now when you look at other polling on the political side, believe me people on capitol hill, they see pressure from americans. i believe its ...

Current projection for defense spending in 2014 without the sequester. $640 billion. with the sequester, the pentagon loses about 47 billion. 7% of the its budget. leaving 593 billion remaining for defense. lets talk about it with a couple of people who know this issue very well. california congressman buck mckeown, republican and chairman of the armed services committee. washington congressman, adam smith is the committees ranking democrat and congressman smith, well start with you, because you...