Againdefense Budget News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> let me bring in congressman van hollen. what we're talking about by far the biggest part of the budget and that is entitlements. last year as part of the budget, the president included chain cpi, a slower measure of inflation. this year he's taking that out. regardless of the rest of the economy, the fact is that the entitlements are running out of money and you're taking out a way to save money. >> two things on that. i find it curious that right now as we interest, many republicans are telling the president and cm is that we should not end some of the overpayments to the private insurers ...

Closing corporate loopholes. and here's how he will sell it. >> as democrats, we believe instead of more tax breaks for the should make investments that grow the economy for everyone. >> senator portman, what do you think of the new budget? >> well, i think if that's correct, chris, it's really sad because we're looking at two things. one is incredibly slow economic growth. slowest recovery we've had since world war ii. we just saw that the fourth quarter numbers were adjusted downward. so we know last year's growth was far below the year before. we also know that unemployment is extremely hig...

Ever used, that members of the armed forces, gun carry, trained people were not allowed to get on the aircraft and go and attempt to rescue, those kinds of things through state department resources represent a stand down. not maybe on the technical terms of stand down, soldier, but on what the american people believe is a failure to respond when they could have. >> all right. congressman issa, thank you. thank you so much for coming in today. and again, we want to point out the big news, and the big news is that lois lerner, according to her attorney, is going to waive her fifth amendment righ...

China and the middle east. we could not have done the surge in iraq in my view with an army that size. so this is a problem and we need to be sure that these changes in the againdefense budget are consistent with what we need to do around the world, and the united states is still in position to lead around the world. so this is incredibly important that we get this right. yes, i agree that we need to be sure where would e're restraini spends and everything is on the table, but i do think this makes it more difficult to project force around the world. >> senator portman, congressman van hollen,...

Closing corporate loopholes. and here's how he will sell it. >> as democrats, we believe instead of more tax breaks for the few, we should make investments that grow the economy for everyone. >> senator portman, what do you think of the new budget? >> well, i think if that's correct, chris, it's really sad because we're looking at two things. one is incredibly slow economic growth. slowest recovery we've had since world war ii. we just saw that the fourth quarter numbers were adjusted downward. so we know last year's growth was far below the year before. we also know that unemployment is extre...