At Sequester News Today : Breaking News, Live Updates & Top Stories | Vimarsana

We're taking spending the dollars out of the economy, at a time when, quite frankly, down to 7.7% unemployment, that's no great thing to say. i mean, the recovery remains precarious. the only people who are fat cats these days are those who are wall street. so your basic joe and sue, who need their dollars, are not going to get them. december 28th, the last day. i was just with some folks. by the way, a shout-out to the students at john j. college, who i was with earlier today. but we're talking about, what difference does it make if you lose just one paycheck. let's go back and look at seques...

Time when, quite frankly, down to 7.7% unemployment, that's no great thing to say. i mean, the recovery remains precarious. the only people who are fat cats these days are those who are wall street. so your basic joe and sue, who need their dollars, are not going to get them. december 28th, the last day. i was just with some folks. by the way, a shout-out to the students at john j. college, who i was with earlier today. but we're talking about, what difference does it make if you lose just one paycheck. let's go back and look at sequester. just one paycheck is a lot for some people. >> and the...

Difference does it make if you lose just one paycheck. let's go back and look at sequester. just one paycheck is a lot for some people. >> and the savings rate in this country, particularly if you look at the working poor or even folks that would count as the middle class, there's not a lot of cushion in savings. if you miss that first check three days after christmas, which people know, you are spending a lot of your disposable income in this month, you're going to be in trouble. >> we're talking mortgage, we're talking eating, we're talking so many things, and we're talking 1.3 million ameri...

Reason why they connect if i this isk for them on this is that in washington things don't get done. we have seen even look like at sequester was an effort to try to do that but that didn't work out too well because that didn't prevent sequestration from happening the draconian effects. in the senate, senator baucus said he is willing to link the dem ceiling with overhauling the tax code. >> the place to do tax eform is in the context of the budget negotiations. the house pass the budget and the senate has a budget. the next step as you know is to have a budget negotiation and conference. >> gr...

Reason why they connect if i this isk for them on this is that in washington things don't get done. we have seen even look like at sequester was an effort to try to do that but that didn't work out too well because that didn't prevent sequestration from happening the draconian effects. in the senate, senator baucus said he is willing to link the dem ceiling with overhauling the tax code. >> the place to do tax eform is in the context of the budget negotiations. the house pass the budget and the senate has a budget. the next step as you know is to have a budget negotiation and conference. >> gr...