Page 5 - Tip Over News Today

As republicans accuse him of punting on big three budget busters. social security, medicare, and medicaid. the president says he is willing to take the plunge and go after those programs if republicans will jump off the cliff with him. >> this is not a matter of you go first or i go first. this is a matter of everybody having a serious conversation about where we want to go and then ultimately getting in that boat at the same time so it doesnt tip over. and i think that can happen. >> shepard: b...

Drug cartel opened fire. the obama administration condemned the attack. the federal government could literally run out of money and shut down within weeks if the congress and the president cant agree on a budget for the year thats already under way. >> and then there is the fighting over cuts in next years budget. john hendren joins us from washington with more. john? >> reporter: good morning, rob and vinita. this is the first major showdown of the new congress and so far neither side is blin...

This is a matter of everybody having a serious conversation about where we want to go and then ultimately getting in that boat at the same time so it doesnt tip over. and i think that can happen. >> juliana goldman. there you are. >> thank you mr. president. your budget relies on revenue from tax increases to multi-national corporations that ships jobs overseas and on increases on the oil and gas industry. youve been calling on this for years, and if you couldnt get it through a democratic congr...

So, this is not a matter of you go first or i go first. this is a matter of everybody having a serious conversation about where we want to go, and then ultimately getting in that boat at the same time so it doesnt tip over. and i think that can happen. julianna goldman. there you are. >> thank you, mr. president. your budget relies on revenue from tax increases to multi national corporations that ship jobs overseas and on increases in oil and gas industry. >> yes. >> you have been calling on thi...

Deal with. between 12% and 16% of the entire budget. most of it is medicare, medicaid and social security. nothing in there about this. you saw the questions say, you have a whole commission. you had bipartisan support to do something about this, why nothing in here. he kept saying, thats going to come up later. hes asking conservatives and republicans to come in with their best shot at dealing with the burgeoning expenses, and hes not putting it into his budget. very curious approach. >> gloria...

Criticized from those on the left and those on the right in terms of not doing enough to tackle spending. what did the president say about that today? >> reporter: you get a sense that the presidents team was stung by "the washington post" calling him "punter in chief." neither party wants to go first in terms of laying out an entitlement plan, fearing it will put a bulls eye on that plan. heres the president on that issue. sfwl -- this is not a matter of you go first or i go first. its a matter...

So this is not a matter of you go first or i go first. this is a matter of everybody having a serious conversation about where we want to go, and then ultimately getting in that boat at the same time so it doesnt tip over. and i think that can happen. julianna goldman. there are you. >> thank you, mr. president. >> uh-huh. >> your budget relys on revenue from tax increases to multinational corporations that ship jobs overseas and on increases in oil and gas industry. youve been calling on this f...

Having a serious conversation about where we want to go. and then ultimately getting in that boat at the same time so it doesnt tip over. i think that can happen. >> i would encourage our friends on the other side of the aisle, 23 of whom are up in 12 to take another look at where they think the politics of this all may be. and maybe join with us and see if we cant come together to significantly reduce spending for this fiscal year that were in at the moment. >> lets talk this over with gloria b...

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Dealing with entitlements. carl cameron reports on what republican lawmakers plan to do about the entitlement issue but we begin with white house correspondent mike emanuel on the sales pitch. >> the morning after his $3.7 trillion budget was released he held a news conference to defend it. >> the first step is to make sure we are stabilizing the current situation. >> he has taken a great deal of heat by not offering plans for bloated entitlements and medicare and medicaid. he is not trying to w...