Page 67 - The Sequester News Today

Republicans, business leaders and economists have already said that these cuts, known here in washington as the sequester, are a really bad idea. now, some in congress have proposed preventing only the defense cuts by making even bigger cuts to things like education and job training, medicare and social security benefi benefits. that idea is even worse. [applaus [applause] >> yes, the biggest driver of our long-term debt is the rising cost of health care for an aging population and those of us w...

Republicans, business leaders and economists have already said that these cuts, known here in washington as the sequester, are a really bad idea. now, some in congress have proposed preventing only the defense cuts by making even bigger cuts to things like education and job training, medicare and social security benefi benefits. that idea is even worse. [applaus [applause] >> yes, the biggest driver of our long-term debt is the rising cost of health care for an aging population and those of us w...

But it was my job to teach people that. the same with the gun issue. try to understand a lot of things that were hearing, the rhetoric that were hearing are not true. all were trying to do is have gun safety. cut down on the amount of people that die and then we have done our job. >> carolyn mccarthy, always good to talk to you. thank you very much, congressman. >> thank you for having me. up next, the sequester with only two weeks left before automatic cuts kick in. is there a way out? gene s...

Are the product of a weak economy than any policy. he boasted about the idea that carbon admissions are down. he boasted about illegal immigration is down. health care costs have slowed. all of those are a mix of things but also that theres a weak economy and hes sort of taking credit for them. >> in particular, the drop in foreign oil imports as the economy slowed, obviously, there was less need and more production on the natural gas side. >> exactly. >> lets talk about "heres the deal" and som...

Thats why democrats, republicans, business leaders, and economists have already said that these cuts, known here in washington as the sequester, are a really bad idea. now, some in congress have proposed preventing only the defense cuts by making even bigger cuts to things like education and job training, medicare, and social security benefits. that idea is even worse. yes, the biggest driver of our long-term debt is the rising cost of health care for an aging population. and those of us who car...

And this is where were going. >> all right. when we look at this, john, lets look at what were getting from the right and how much they are willing to work with the president, especially with march 1st, the sequester looming. take a listen to kevin mccarthy. >> were more than willing to work with the president on any issue he wants to work on. but to be frank, were kind of tires of being charlie brown and having lucy pull the football out from under us. >> is that an earnest reaction? kind of mo...

He looks forward to working with congress to get the rest of the job done. as president, he signed in to law, $2.5 trillion already in deficit reduction. 70% of that has come in spending cuts. 3% 0% in revenue. that is balance and we need to continue it. >> bret: there are lot of folks who question the $2.5 trillion and how it adds up. speaker boehner said i dont like the sequester, i dont want the sequester, but the spending issue is the biggest issue to threaten our future. when will we get se...

They needed some way, any way out of it. so what the white house, the democrats put in front of them was the committee, the sequester, they were so happy to have any kind of lifeline, and john boehner comes out, pretends it is a victory, 98%, keeping the members in line. now here it is, a ticking time bomb for republicans, a year, year and a half, theyre realizing, wait a minute, we dont have much leverage with the sequester after all. >> but the thing is, boehner did get 98% of what he wanted i...

Terribly unpopular with the american people so proposing an alternative to this is not going to erase the opposition to whats going on. i think the president sought to get out in front of this a little bit proposing the temporary solution to the sequester situation and expect him to push that and say lets give ourselves some more time and the history of the situations in past couple of years have shown that the american people are open to kind of these temporary measures for a short period of ti...

And soldiers in afghanistan. what else can you tell us? >> reporter: tamron, in addition to talking about north korea and drawing down troops in afghanistan, were expecting the president to announce to draw down troops in the next hour and the speech to focus largely on the economy and his domestic agenda. i think you will hear president obama emboldened by the re-election, map out the vision for getting the middle class back on track and the balanced approach including increasing taxes on wealt...