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Detailed text transcripts for TV channel - FOXNEWS - 20131210:23:23:00

Website today, this evening and we intend to bring it to the house floor later on this week. i have every reason to expect great support from our caucus because we are keeping our principals. the key is here nobody had to sacrifice their core principles. our principles are don t raise taxes an reduce the deficit. and we have concerned members about defense. the next hit from the sequester would hit solely on the military, starting in january. a lot of our members were concerned about that. so what we are doing here is providing for some sequester relief for 2014 and for 2015. and we are paving for that with more permanent reforms on the auto pilot side of the spending ledger, in excess of the sequester relief which results in the deficit reduction. that, to me, is a greet deal. representative paul ryan and senator patty murray announcing this budget deal, both of it calling both calling it ....

House Floor , Core Principles , The Sequester , Auto Pilot Side , Spending Ledger , Congressman Ryan , Budget Deal , Patty Murray , Greet Deal , Hit Calling , Deficit Reduction ,

Detailed text transcripts for TV channel - FOXNEWS - 20131212:03:02:00

Government spending that pays for the sequester relief over the life of the sequester which we keep 92% of the sequester. what we are saying is instead of the across the board cuts which hit only the military starting in january which is a concern of ours, we cut spending in other parts of government to pay for it. we get $85 billion in savings from the auto pilot side of government spending to pay for $63 billion in sequester relief. that gives us $23 billion of net deficit reduction. when i went into this, i had a couple of bottom lines keep our principles intact. no tax increases. cut spending in smarter ways so that weeduce the deficit. we think we kept the principles intact. that s what the agreement does. doesn t get rid of the sequester. the democrats were saying no sequence squets at all. they have agreed to keeping 70% of the sequester. ....

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