Trigger Cuts News Today

Put the money back in american wallets. not in the cesspool of waste called the federal government right now. its going to flush it down the toilet bowl. brian: find a way with the parliamentarian approving. if you want to have an automatic trigger. make automatic trigger cuts to programs and spending. they do it with sequester. they did it with all these -- with what happened to the defense department over the last few years. why cant it go across the board spending cuts? >> and, brian, thats a...

Prospect of trigger cuts, if they didnt adopt proposition 30 if they raise taxes. they decided to go for the tax increases and thats because they saw what that austerity could mean. you really have to do both. we talk about the investments and the costs. >> please. >> i was going to say, the federal level, one of the things we saw in 2000, i know you want to keep taxes and spending separate, but i think we shouldnt. what we have seen is a great pitch to reduce taxes. again, im in favor of it. th...

Legislature assumes it has $8 billion it may not have? >> right. they agree on that. they have built in a series of trigger cuts into the budget, so if the taxes are rejeked in november, there will be $6 billion of cuts, most of those to public schools and community colleges, another half million from the university. and so this budget is really setting the stage for that november election. the democrat and it is governor want to present this as a choice that the voters have between schools and ...

Legislature assumes it has $8 billion it may not have? >> right. they agree on that. they have built in a series of trigger cuts into the budget, so if the taxes are rejeked in november, there will be $6 billion of cuts, most of those to public schools and community colleges, another half million from the university. and so this budget is really setting the stage for that november election. the democrat and it is governor want to present this as a choice that the voters have between schools and ...

Tax and get the people over $250,000. but how popular is this with the voters? >> reporter: not very. early polls show that the voters are split. i mean, its polling at 50-51%. typical in california, if you want a ballot measure to pass, you need to poll in the high 50s to low 60s. clearly, there is no guarantee that he will be successful in the fall. so, you know, as democrats and the governr governor work together to stitch together the budget, they have to be thinking about what to do that in...

Tax and get the people over $250,000. but how popular is this with the voters? >> reporter: not very. early polls show that the voters are split. i mean, its polling at 50-51%. typical in california, if you want a ballot measure to pass, you need to poll in the high 50s to low 60s. clearly, there is no guarantee that he will be successful in the fall. so, you know, as democrats and the governr governor work together to stitch together the budget, they have to be thinking about what to do that in...

If north korea meets south korea, we should told the south koreans sorry, we dont do land wars anymore. if that happens, at the same time theres a problem, i dont know, if afghanistan, we have to tell them were not going to -- >> is this a result of the cuts that were the trigger cuts when they couldnt -- >> not yet. nope! no! its going to get worse. >> thats a very important point. >> no, its going to get worse. if that happens. >> and leon panetta said yesterday the united states has turned th...

Into europe to need help. if north korea meets south korea, we should told the south koreans sorry, we dont do land wars anymore. if that happens, at the same time theres a problem, i dont know, if afghanistan, we have to tell them were not going to -- >> is this a result of the cuts that were the trigger cuts when they couldnt -- >> not yet. nope! no! its going to get worse. >> thats a very important point. >> no, its going to get worse. if that happens. >> and leon panetta said yesterday the u...

Thats near and dear to you. this has to do with the mandatory defense cuts that will spring into action because the super committee failed. i know you are one of the republicans vowing to put a stop to those trigger cuts. how do you plan to do that? >> well, im deeply troubled. i mean, secretary panetta, you had him on before, he said that if the sequestration goes forward, well have the smallest navy since 1915 and the smallest ground forces since 1940, that we will hollow out our force and it ...

Mr. romney who has not been competing aggressively in iowa is not attending. hes only became pro live in 1995. ron paul is not attending. he believes its not a federal issue, he believes abortion and the prohibition of it should be handled at the state level, so he wont be there either. martha: mitt romney joining us live right here in "americas newsroom." and that is only moments away, folks. we will speak with him. stick around, coming up. bill: in the meantime california has more red ink on i...