Page 35 - Budget Issue News Today : Breaking News, Live Updates & Top Stories | Vimarsana

From stable to negative. i'm going to quote someone from the agency. we believe there is a material risk that u.s. policy makers might not reach an agreement on how to address immediate and long term budgetary challenges by 2013. some warnings or cautions to investors about how we are going to handle our budget issue, our debt issue, and of course this is all happening while congress is on vacation and we are still not sure what is going to happen with the debt ceiling vote in a few weeks. we'll keep an eye on the markets now down 200 points. brand-new stories and breaking developments as well...

>> yeah. and others. i think there is a lot of confusion and anxiety what's going on foreign policy and what's going to happen with the oil prices, gas prices. and i think that this whole -- i think people are very confused about the budget. very confused. it's really confusing because you have. >> laura: mary ann, let's end with you here. the budget issue, taxes, obviously an attempt to demonize wealth rich tax warfare. that's an old playbook of washington. is that going to work now? is that the smart way to go? >> i think he is going to give the middle class the break they deserve. they have...

I think there is a lot of confusion and anxiety what's going on foreign policy and what's going to happen with the oil prices, gas prices. and i think that this whole -- i think people are very confused about the budget. very confused. it's really confusing because you have. >> laura: mary ann, let's end with you here. the budget issue, taxes, obviously an attempt to demonize wealth rich tax warfare. that's an old playbook of washington. is that going to work now? is that the smart way to go? >> i think he is going to give the middle class the break they deserve. they have been under siege for...

In -- cut $38 billion in spending and joins us now. and is on the house budget committee. >> i'm actually not on the house budget committee any more. alisyn: what are you on. >> on armed services and education. but i sure am following the budget issue, because it is the most important issue facing the country right now. alisyn: sure is and thanks for the correction. as you know, congressman ryan's plan is to cut $6 trillion in spending and comes up for a vote this afternoon and some people call this way too extreme. others say it doesn't go far enough. what is your position on it? >> i'm going...

They can fight over the budget and use not paying the troops as the weapon. because liberals know once you take care of the military, most of america is going to say, okay, fight it out for a while. >> okay. miss maxwell, he said there the president, he blames the president for holding military families hostage. i'm not sure if you care whose fault it is, necessarily. but would you agree with the idea that you feel the military is being held hostage? >> well, using the military as a political pawn is nothing new. but i think what is a more interesting question about this whole budget issue is ...