Page 74 - The Sequester News Today

Gridlock than the last four years? >> the republicans want to do nothing if not change the subject. they mismanaged the negotiations over the fiscal cliff. while they were close to agreeing to a grand bargain, what resulted was putting revenue on the table that republicans, now crying foul about. speaker boehners claim is about as important as what lucky tie hes going to wear tomorrow. it doesnt matter. what matters is, you know, how theyre going to negotiate moving forward and how, you know, de...

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...

Saying when the republicans come to him to negotiate massive spending cuts on the debt ceiling, he is simply going to say no. and he is going to dare them to go up again against the debt ceiling, and risk the country crashing into the debt ceiling, on the belief that they have learned the lesson and they wouldnt do it. >> wow, you know, you may be right. but i think that is kind of a tough belief if that is where he is coming from. because im not convinced and i doubt that you two are that the r...

Enormous spending cuts and increases in taxes. the republicans say no way, they will not be held hostage on the debt ceiling. and if republicans want cuts coming up, they have to off set it with tax increases. and if the white house is right about it, then i think well look back, add up all the numbers and it will look like a pretty good deal. with one exception, were losing the stimulus and not replacing it. but if the white house is right they can get taxes in the next phase of the deal too, i...

Him that leverage is to negotiate with them. so he has to stand very, very firm on that. >> im betting that he is going to stay tough on the debt ceiling. and im also betting, i may be the only one. i think theyre going to pull more revenue out in the next congress through tax reform elements on deductions and exemptions, well see what happens on that. ezra klein and jared bernstein, thank you. and coming up, republican governor chris christie versus boehner, and university john king, versus j...

A row and no credible plan to get spending under control. this administration hasnt presented one, the senate hasnt done a budget in three years the only real spending cut occurred around that budget negotiation. theres other triggering events. theres sequester and the continuing resolution. at the end of the day if democrats think theres going to be revenue every time -- the revenue issue just got settled. permanent tax rates. theyre not coming up again. they got their piece of the pie all at o...

Get at ezra is the practical outcome, and i personally believe i cant see how they could have under these circumstances negotiated a better practical outcome with the opponents they were negotiating with. >> i think it is simultaneously true this is probably about the best outcome they could have had given the circumstances. and it is not, as jared said, an ideal deal. look, im more in your camp here, lawrence, i think the deal was actually pretty good. i think the key point about this deal is t...

Well see if he does. but he was pivotal in this in working with the senator but the presidents aides say that he was working phones in the last day or so. in firming up the final details of this, working directly with those democratic leaders. both nancy pelosi and hairy reid working through details of the sequester, then, of course, vice president biden running point and going up to the hill two days in a row now, last night, as you know a little bit of a rescue mission to make sure some of the...

Im milissa rehberger. welcome back to breaking news cover range on a fiscal cliff deal on capitol hill. democrats got out of their meeting with vice president joe biden. the vice president had been is set to the hill to discuss the deal and he spent much of the past 24 hours working out the details with senate minority leader mitch mcconnell. here is what we know about the potential deal as of right now. current bush era tax cuts will expire for individuals with an income over $400,000, also for...

Reid and nancy pelosi, the senate democratic and house democratic leaders could live with what he was doing. he didnt do anything -- nothing that he is presenting to them is a surprise. they knew everything that they were playing with. theyre not happy about certain things. theyre not crazy, for instance, about how that they basically set up what i was describing earl year, which was this perhaps the super-duper fiscal cliff of march when we have the government, the entire government could shut ...