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Back from 19 months to seven months, trimming $16 billion. tough cuts for democrats and still far from the $79 billion needed to reduce the deficit impact to zero. >> this is a new substitute amendment. it address misof the same as the last substitute but it's smaller. it's fewer dollars involved here. all of the amendment is offset except for two matters, the unemployment insurance and the aid to the states under medicaid. that is the safety net provisions are not. those two. everything else is offset. >> we have an amendment that does not raise taxes that reduces the federal debt by $68 bill...

Back from 19 months to seven months, trimming $16 billion. tough cuts for democrats and still far from the $79 billion needed to reduce the deficit impact to zero. >> this is a new substitute amendment. it addressmisof the same as the last substitute but it's smaller. it's fewer dollars involved here. all of the amendment is offset except for two matters, the unemployment insurance and the aid to the states under medicaid. that is the safety net provisions are not. those two. everything else is offset. >> we have an amendment that does not raise taxes that reduces the federal debt by $68 billi...

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