Page 5 - Sequester Cuts News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bridges and transportation projects. republicans are angry about the tax increases, up to $2 trillion including 320 billion in new taxes on corporations and the wealthiest americans. the obama administration wants to put that money toward expanded tax cuts for the middle class. the president's budget will end the sequester cuts put in place back in 2011. >> i want to work with congress to replace mindless austerity with smart investments that strengthen america. >> reporter: president obama's budget is really an opening gesture. now congress will go through a lengthy negotiation process for se...

In an online interview with "usa today," koskinen said taxpayers should expect the agency will do just that. >> i think there are some people must have thought, well, if we don't give them money they won't make it work. they don't understand the agency. we do statutory mandates and we will implement the affordable care act and acat. it is called. >> reporter: saying sequester cuts really hurt the irs, adding if the agency continues at current levels it could risk quote crippling the irs, jenna. jenna: shannon, the agency appears to feeling aft shocks after the rules regarding tax-exempt groups...

Or evaluate them. >> just about a year ago, you proposed an item on mental illness. did any of your measures go toward what we are talking about? >> it has been adopted but not implemented. that was tough to get. $10 million pilot program to bring the private sector in. having the defense department and the private sector work together. i got the idea from the owner of the new york mets. steve and i got involved and this would bring private hospitals and foundations in so they could assist the department. >> have we ripped off the military on this? >> i think when the sequester cuts are made w...

Then they didn't like how it was turning out, so the white house turned and said, you know, those darn republicans made us do sequester. and then it became bad. it was good, then it became bad. now apparently they're going to try to spin it back the other way a second time, saying those sequester cuts, that's austerity. see what we're doing for you? it's amazing the verbal gymnastics they're playing with. >> let me get julie's take on it politically. maybe i'm wrong. i think it is strange to ask members of congress and senators to vote on a bill to cut the military in an election year where th...

It. this is exactly what we talked about on this program back in december. if they had not taken the deal, yes, there would have been sequester cuts. it would have been rough, but i believe it would have intensified the conversation a lot more. 1.3 million people and a few more after that doesn't rise to the level of getting the republicans their attention. now they're talking about the midterms and jobs and obamacare. there is to trust between both parties, period. and this is proof. joining me now is our rapid response panel connie shultz and e.j. dion. trust has left the building. connie, i...