Page 46 - Cutting Spending News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And says oh, let's do obama care. boehner didn't be intend that. boehner is obsessed with cutting spending. so, you know, in a sense you get the ball rolling when you go to a meeting at the white house and you say, mr. president, i'm going to extract things out of you that i would not otherwise get. >> but the irony is had they not made it about health care the president would have been there, they would have had conversations. >> one of the platforms the of the republican party is they don't like government waste. how much did we waste in this process, steve rattner and what are some of the o...

That's the valid political principle. when it comes to bills the government owes, though, that's dangerous. this tells you a lot. republicans are going home, most of them to safe republican districts. they're being told don't worry about it, you don't have to raise the debt ceiling. even here, look at this, even among independents, pretty evenly divided on whether or not raising the debt creeling is a good thing. you have bipartisan consensus among economists that it would be a disaster, a catastrophe. politically you have a divide. more people say raise the debt ceiling and fight the health c...

Will the house be able to get itself in order? stuart, how significant is this? >> we are not in the process of getting our spending under control. there is no reform of entitlements on the table. it is not there. entitlements -- medicare, medicaid especially -- they are the killers of this budget. you've got another huge and expensive entitlement program. it's called obamacare. the answer to your question is, no, we do not have a handle on spending. and, yes, we are borrowing a ton of money every day starting right now because we just passed deficit day. >>elisabeth: 61% of americans are oppo...

Jon: we are reminded just today that it's a dangerous world out there. they're talking about shutting down 21 of our diplomatic facilities in the middle east because of a threat from al-qaeda. and yet the pentagon has taken the biggest hit of any of the agencies really under sequester. >> yeah, particularly under the sequester. and that is a big part of this ongoing conversation about the budget moving forward into the fall and raises the specter of a shutdown. the republicans want to extend the sequester because, essentially, it's their only real victory in cutting spending. the democrats wan...

He wasn't speaking specifically about paul and had his name not been injected we a question, his name wouldn't have been mentioned at all. but once the bell was rung, the parties do feel the need to meet in the senator of the ring. >> the people who want to criticize me and call names, they are precisely the same people who are unwilling to cut the spending and they're gimme, gimme, gimme, gimme all my sandy money now. >> if senator paul wants to look at where he's cutting spending, maybe he should start lacking at the pork barrel spending he bring home to kentucky, but i doubt he would, becau...