Page 31 - 63 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Can bust the caps by 63 billion and are you assuring them that that 63 billion will be made up. we both know, we've always been deeply skeptical when you say we'll spend more money in the first two years, three years but don't worry we'll make it up eight, nine, ten years away. >> 92% of the sequester is left intact. during the course of this agreement a year and a half fiscal year wise we got the democrats who are against any of the sequester to agree to 70% of the sequester and that 30% of relief we're providing, $63 billion we're paying for $85 billion of mandatory savings. that's the auto ...

Find smarter spending cuts. and there's a lot of government on auto pilot spending that has not been attended to by congress and that's where we got the additional spending cuts. basically we came up with $85 billion of savings from what we call mandatory spending to pay for $63 billion of some relief from the sequester. we still keep the fiscal discipline, we keep on track and this will result in more deficit reduction. that's very important to me, my republican colleagues, patty got a lot of what she wanted and neither of his to give up a core principle. >> so peg of your republican colleagu...

This. so on that level, it is a little better for the economy. definitely a smarter, more gradual, less disruptive way of gifting savings. the difference is not huge. $45 billion is significant. not a dramatic difference. we are actually at levels that look similar to where paul ryan's budget put us a couple years ago. obviously since then the political dynamic has changed. where the budget actually is, for sequestration, has changed. and so, this is, i think about as good a deal on spending as democrats are likely to get. >> in fact. i think we are below where paul ryan's original budget had ...

Reform as well. but the key is it does avoid a shutdown, which will keep the republicans focused on the affordable care act, also known as obamacare, which is not working. paul ryan says there are a number of people on the other side of the aisle. they wanted to shut things down. >> i think there are a lot of people who would like the drinks of government shutdown for one reason or another. i think they'd like to get off obamacare and by not shutting the government down, we're not going to get off obamacare. we're going to keep speaking truth to power, keep doing -- sunshining the light on the...

That was just loud. brian shakt man, in the show, we have interesting followups on the kenyan mall shooting courtesy of the new york city police department. we want to begin in washington, d.c. a budget deal has been reached between the senate and the house negotiators. so the called cease-fire on capitol hill buys lawmakers time to address the nation's larger fiscal issues such as the tax code, health care and social security. paul ryan and patty murray brokered the deal which raises military and dmen spending through 2015 replacing over $60 billion worth of sequester cuts. joining us for mor...