Live Breaking News & Updates on Closing Loop Holes
Stay updated with breaking news from Closing loop holes. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Supporters and a lot of democrats this morning coming out winging, agreeing that mitt romney came out swing really connected a few blows against president obama. we have a look back. yeah, we were all up last night and many calling it a game changer for the presidential election . president obama and mitt romney taking the stage for rown one of the debate series, this one in denver . they tried to appeal to middle class voters likely to decide who will win the states. governor romney s proposal he promoted 18 months calls for a five trillion dollar tax cuts on top of two trillion in spending for our military. he is saying that he is going to pay for it by closing loop holes and deductions. the problem is, he s been ....
but is it true, is hosting the games actually bad business? and deep-fried controversy. chicago the latest city to block chi chick-fil-a from coming to town. chick-fil-a s values are not chicago s values. boston, jim henson, and now rahm emanuel joining the list against chick fill a. and now rick santorum is standing by chick-fil-a. newsroom begins right now. good morning. thank you so much for joining us this morning. i m carol costello. we begin with new details from the colorado shooting rampage. some are chilling, some reassuring. for the first time, neighbors of accused shooter james holmes are allowed to go back home. over the weekend, police diffused a catastrophic booby trap in his apartment. the killings are fuelling a new gun control debate in the presidential race. president obama and republican mitt romney are trading jabs. more on that in a few minutes. but here s the sobering development. just before the killings, holmes apparently sent a package ....
They re going to cut food and nutrition programs for kids so we ve said, we need to do a mix of cuts but also revenues generated from closing some of the tax loop holes and because republicans have all signed this pledge, the grover norquist pledge, saying they will not accept one penny for deficit reduction from closing loop holes or getting rid of the big subsidies for the oil companies. that means they hit everybody else harder. that means they end the medicare guarantee in their budget. that means they whack other important investments in our economy. will democrats be offering their own proposal to replace the automatic cuts this time around? yes. what we re going to pro-pose is a balanced plan that addresses the whole ten-year sequester. the republican plan is focused just on the one year. we say we need to get together to take a balanced approach. we point out some of the key areas that we need to address in order to get that but let s be real. at the end of the day this is ....
Accountant he gets to pay less tax, didn t make sense to me then, doesn t make sense to me now. i m all for closing loop holes. i thought the proposals from last year might have made a hot of sense b a lot of sense but the president never opened the book, we never got a chance to see them in the house or senate. i do think if the president came forward and said look, i ve reconsidered the simpson bolls commission, i would like to you work on that in the house, i think he would get traction there. congressman michael burgess of texas, thank you very much for your time. we know you will be in the chamber, have a good time, enjoy it sir. thank you. ezra klein you were itching to jump in. what were you going to say? was it barack obama released a plan like simpson bolls but included $500 billion less in defense. moved to the right because they figure the simpson bolls had too much in defense cuts and too ....
That the country was founded upon. is that foreign to what you believe? guest: no, no, no. that s american as apple pie and i don t know about the end of that with the constitution, but it is clear in every econsays that to get the economy growing. we have to reduce spending. they are under a belief that closing loop holes and reforming the system and having people to pay just their fair share of taxes is immoral and they are prepared to let the american people go down the tube to get rid of obama. the difference between the two are night and day. one is saying everyone comes together. our religious leaders and churches and synagogue and mosque and temples that come together to get the congress to function. not just democrat republicans, but the whole system demands people come out. young people are the only ones ....