Stay updated with breaking news from Sequester hits. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
With the ryan-murray budget deal that will probably pass the senate significantly and shortly. in the original budget deal, our disabled military retirees would not have their pensions cuts. pay attention. disabled military pensions would not be cut. however, now they re going to vote on, they will get their pensions cut if they were disabled and no longer to serve. over 20 year period will cost $124,000. initially they said and told he is they were exempt. but upon further review, they are not exempt. overall as you pointed out, the other federal employees, nobody s pension gets cut. they go into the military again while restoring some funding to the military after sequester hits. they go in there and work on their pensions. sure. and a lot of people, including jeremy hilton over this. earlier, navy veteran, air ....
Brinksmanship, has peaked. will they have no power? that would be false. they ll have a lot of power. but the idea that what they say goes, over. because the proof of the pudding is in the eating. when the republican poll numbers get down to 20% because they followed the tea party, they re no dummies. they re going to change. so the conference starts. it s patty murray on the budget on the senate and paul ryan from the house. it s december 13th. it s going into a holiday season. are they going to be serious about putting everything on the table? and that means entitlement cuts. it means entitlement cuts, revenues, both. altering the sequester? that hasn t happened. we all know if we don t do it, sequester hits and that s painful. there s some incentive. and they re both very i like them both. i deal with them both. they re both very capable people. they re very far apart. but maybe, maybe, maybe this crisis has the idea of confrontation and standing in ....
Doing. is the economy recovering? you watch these numbers on all other parts of the metrics. is it recovering? chuck, first, i want to applaud your instinct on this story. it is easily the most socially or culturally unremarked millennimill enial milestone. if the dow hits a milestone and no one is around to hear it, does it matter? maybe around 1 1/2 to two in the second quarter as the sequester hits. the market may be looking through this, sees that job growth has held up. i don t think the economy is as exuberant as the market is making it out to be. you could definitely justify some of these numbers we ve seen in the dow with some of the numbers we ve had in the economy, chuck. i want toply a clip of what jack lew said to you with the ....
Mystery. i first thought this had to do with the 27th amendment. congress can t do anything affecting its own pay in the middle of the congress. martha: right. but the sequester was set prior to the 2012 election. then they re elected. then the sequester hits. so there is no reason they couldn t have put their own pape into the sequester. at the beginning. but, i guess they forgot. martha: i guess they forgot. martha: now there is some discussion about perhaps they could change the current law. that would allow them, come on. this is not going to happen. this is not, is anybody out there, any congressman or congresswoman that you know of, sort of pushing to make this part of the sequester? they re proposing it. but the problem now is really the 27th amendment because they can t do it in the middle of a congress. martha: isn t that supposed to protect them from raising their salaries. the original purpose very conveniently prevents from changing at all. so they can t cut it. when ....
The party of ronald reagan would never let this happen. john mccain says these cuts are unconscionable. we have to cut spending. whatever it takes to stop that process then we can come back and fix it. you want to fix it going out but are you comfortable this week knowing that that sequestration will occur? we have to let it occur, yes. i am comfortable with that. that day with the sequester still two-days away, homeland security officials announce they have released illegal immigrants from arizona detention facilities. are they releasing illegal aliens now? dhs didn t know about it white house didn t know about it. wednesday the president invites congressional leaders to a last minute meeting on friday the day after the sequester hits. they hope they will have discussion about doing something to prevent sequestration. some republicans are suspicious. 11th hour once again the last ....