Spending Component News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Enormous january 19th deadline on whether or not the government shuts down. you have kicked the can down the road over and over and over again. is january 19th in your mind a hard deadline and if so, why? >> it is going to be a hard deadline. we in the house have passed all of our appropriations bills. we're waiting on our friends in the senate to take them up. >> leland: they have a slightly different math problems than republicans in the house do. especially when you have to get what will now be nine democrats on board for any spending bill. any spending bill in the senate will look very dif...

Keeping us uh prized all morning and all afternoon and in the evening with your e-mails and your blog. one of the things you pointed out today is that it is not necessarily that line of taxes. no one above or below a certain point. but it is the spending cuts that are really the target, that are really the sticking point. why is that? >> that's always the hardest part. back to the 1980s when the deficits have started to explode, there have been four or five pieces of legislation over the past 30 years dating back to hollings that was the first sequester. the republicans in the house of represe...

>> you know, you have been keeping us uh prized all morning and all afternoon and in the evening with your e-mails and your blog. one of the things you pointed out today is that it is not necessarily that line of taxes. no one above or below a certain point. but it is the spending cuts that are really the target, that are really the sticking point. why is that? >> that's always the hardest part. back to the 1980s when the deficits have started to explode, there have been four or five pieces of legislation over the past 30 years dating back to hollings that was the first sequester. the republic...

Hopefully we can rescue most americans from a tax increase. but what we haven't dealt with again is the spending component. jay we just can't afford -- >> we just can't afford a politically self-inflicted wound to our economy. keeping it that way means folks you sent to washington have to do their jobs. the housing market is healing, but that could stall as folks are seeing smaller paychecks. >> with time running out, it sounds like conservatives may have to fight spending when raising the debt ceiling is the new fight in the new year. harris? >> mike, democrats say they know they need republi...

A plan. i do think that something will happen oher the next few days relative to the revenue piece and hopefully we can rescue most americans from a tax increase but what we haven't dealt with again is the spending component. and so again we will go through this for another two and a half months. our economy will not be what it should be. america's quality of life will be lesser than it should be. the programs will continue to weigh us down and what we need is action. we have known this is happening and, yes, the american people should be disgusted with washington because it is our own making....