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Treat medicare patients and it also prevents a spike in milk prices that would have happened as a result of the expiration of the farm bill. the president read a statement which read in part quote neither democrats and republicans got everything they wanted this is the right thing to do for our country and the house should pass it without delay end quote. whether this goes as smoothly as the house remains to be seen. there are conservative republicans elected to office on promises to cut government spending. this bill does very little of that. there are 620 billion of new tax hikes only 15 bil...

Congressional budget office, the senate bill cuts only 15 billion in spending while increasing tax revenues by 620 billion. >> and we actually -- heather: what do you think about that in the bill? >> we actually haven't been able to find the 15 billionending cu. unemployment insurance being extended to federal workers getting raises to medicare increases, everything we've seen shows increases in spending. the president calls it a balanced approach. to me, that would mean taxes would with go up and spending would go down. that will be problematic for me and members of the house. heather: you ju...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

Revenue we had $620 billion significant high end tax rate to 39.6 percent but that is not enough on the revenue side. we have already agreed to a trillion dollars in spending cuts over a trillion dollars in spending cuts. are you talking about more taxes? >> talking about looking at the tax code putting everything from the table from the standpoint of closing loopholes and know we can do that. subsidies for big oil 38 billion right there. again not to take things in isolation just to say okay, how much more revenue can we get as we go forward? >> mitch mcconnell shutting down that possibility....