Page 3 - Sequester Cuts News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Happened to the republican party in 2006, sean. we had a big spending republican party in the second bush term, a lot of it was the war in iraq and afghanistan. we spent an enormous amount of money. big entitlement growth with medicare, bush doing that legislation with the democrats. we have to be careful that we do not become deficit doves. mike pence was known as a deficit hawk and it is great to do all these programs, we have to fix these bridges and so forth but there has to be meaningful cuts. not just rely on future growth in order to get some of this done. i have some agreement and what...

Differently if he didn't have certain opportunities. so this is a legacy issue for this president and, kate, officials here say expect him to continue to focus on it even after he leaves office. >> kristen, i know there's other news out of the white house today, too. busy day there. he also took some time to sign the new massive budget deal passed by congress. right? >> reporter: this is significant, kate, because the president signed this budget deal into law. what it does is it essentially scales back the cuts, the sequester cuts and increases the debt limit for two years. taking some of the...

Congressman from virginia, he represents that area, ever have a conversation about needs you have to represent your swing district and the needs that he has to represent his very red district and how it does come into conflict sometimes? >> well, sure. we have virginia delegation meeting monthly, obviously we see each other, you know, virginia has interest collectively that we all work on. so you know, we're always have those conversations. one of the reasons i was supportive -- >> do you think he understands issues you have versus issues he has in and that sometimes they're in conflict? >> we...

The debt ceiling from next week until march 2017. it would set a budget parameter, the overall spending goal for the next two years. it's expected to address massive medicare premium hikes for r 87 mi million americans, and it adjusts sequester cuts to defense and domestic programs. josh earnest chose his words carefully. >> we have talked about these base cuts simply because nothing is agreed to until everything is agreed to. >> if the house and congress can round up enough votes, it would prove dysfunction is not the story line down the stretch of a presidential election. bret? >> when that ...

Congress is about to come back from a six week recess. the deadline to fund the government is as always the end of september. and so i want everyone to understand that congress has about a month to pass a budget that helps our economy grow. otherwise we risk shutting down the government and services that we all count on for the second time in two years, that would not be responsible. it does not have to lap. congress needs to fund america in a way that invests in our growth and security and not cuts us off at the knees by locking in mindless austerity or short sided sequester cuts. i said i wo...