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Detailed text transcripts for TV channel - MSNBC - 20130222:16:06:00

First of all, again, on march 27th the government runs out of money. we have no spending authority past that day. so whatever we do before then to figure out how we re going to fund the government is going to accommodate whatever impact on the sequester, so that s what we ought to be focusing on. that s why i think the only thing that makes sense is to actually delay the sequester until then. speaker boehner doesn t want to do that because he wants a lot of his members want the sequester to go into effect because they think that s a good thing. one thing, the dnc has a new ad they put out called stop the sequester. politico, however, is out with its headline today saying obama over playing his hand on the sequester saying obama is convinced he s got the upper hand on republicans yet he can only go, or yet he can go only so long before he risks being perceived as a main actor in washington s dysfunction, threatening a core element of his political brand. so the other side of this is t ....

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Detailed text transcripts for TV channel - MSNBC - 20130222:16:04:00

Again a self-manufactured crisis. it will be horrible for the economy. it will impact a lot of people. just outside my district but certainly affecting my district is fort knox, 5,000 civilian employees of the u.s. army. there will be substantial furloughs and possibly layoffs there if the sequester were in effect for any length of time. so we ve got a few days to act. i think we could actually come up with something that just delays the sequester until march 27th. then we would have four weeks in session. we ll all be back for four consecutive weeks to figure out how to fund the government for the rest of the year. because it s none of it s going to make any difference after march 27th because the government runs out of money then. all right. so you re saying push it off just a little bit further after you get back into a legislative session but as we look at what john boehner has responded by putting out a couple tweets this morning roughly right before we went on the air, talkin ....

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Detailed text transcripts for TV channel - MSNBC - 20130222:16:03:00

Falling at the end of the month. $85 billion in cuts. what will that mean to your wallet or your family? $619 million in cuts to the federal aviation administration which could result in major flight delays for travelers. $406 million in cuts to head start programs meaning 70,000 children losing access and potential layoffs of 14,000 teachers and staff. and $120 million cut to health care facilities which would impact an estimated $900,000 patients. joining me now to talk more about this is kentucky s democratic congressman john yarmuth. sir, great to have you with me. let s talk about this and in the terms of how we see this sequester coming through because right now we re just seven days away. what is your take on the fact that the president was reaching out to mitch mcconnell and reaching out trying to figure out where everybody stands with just seven days left? well, i think i m glad he s done that and i hope it leads to something. what we re about to embark on is ....

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