Page 28 - Tax Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

But that would only generate about 85 billion a year. according to the treasury department, the federal government spends that amount every eight 1/2 days. do you think that the point is purely political for the president since that's what he campaigned on? >> that is what speaker john boehner said, is that washington has a spending problem, not a tax problem. but speaker john boehner has a political problem in that their party's guy lost the election. there is no doubt about it that the math on both sides, they are far apart. and if you add up all the revenue that will only last of eight days...

There are 241 republicans in the house of representatives. the democrats need only 25 of them. to vote the way republican tom cole is now advocating that they vote. john boehner, very clearly wants at least 25 of his members to go the president's way now on taxes and he is very clearly happy to have congressman tom cole lead the what could be called the pro obama wing of the house republicans and solve this tax problem for the republican party. joining me now are msnbc's krystal ball and ryan grimm. kryst krystal, that house of representatives is a soviet style institution. the leadership has ...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.