Page 38 - The Automatic News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sequester, the automatic spending cuts and also have a better outcome for our economy long term. >> senator graham thinks it's possible to find $600 billion in cuts elsewhere to spare the defense department for the next decade but a bipartisan agreement probably can't be reached until february or march. >> thank you. joining us now more on this, the military cuts, jack keene, retired 4 star general. thank you for being with us tonight. >> glad to be here. >> how do you get the job done of protecting the country with fewer resources? >> well, it becomes difficult. we've already had a $480 bil...

Yesterday. he drown last sunday while surfing in puerto rico. those are some of your headlines. right now, we are under 90 minutes away from a loose deadline. president obama placed blame on speaker boehner for putting the country on the edge of this cliff. >> what we have is a situation where these automatic spending cuts go into place. if we have raised revenue by the wealthy paying more, that would be sufficient to turn off what's called the sequester, the automatic spending cuts. that would have a better outlook for the economy long term. so far, congress has not been able to get it done n...

Even worse than he has the past week or so? >> getting a bipartisan deal, i mean that's really an interesting question if it ends up making somebody look worse. what's interesting to me about the calculus in all of this, this little bit of political kabuki theater. in some case that's actually what it is. polls are showing that the american people are actually following this debate very closely. it's one that has been warned about for a long time. the automatic sequestration cuts have basically been warned about. we've known about them for almost a year. and when the american people are follow...

Created as a last-ditch efforts, to force congress to deal with the debt problem and in theory, congress and president obama could say no to the fiscal cliff by extending all the tax cuts an overturning the automatic spending reductions incurrent law. what about that scenario? >> i think that is right. and frankly is probably what they'll do. look at the timeframe congress has left, i think, at the beginning, you said, it is nine or ten days and it is really four by the time they get back on the 27th and keep in mind when they come back they have four days to write -- come up with a deal and w...

See the guy in black camouflage with the automatic, semiautomatic coming towards him. it's worth the cost of his salary. >> good stuff. straight ahead our next guest puts the gop in full meltdown mode. how can leadership handle the party with republicans all wanting to beat to their own drummer and it may be friday but a lot of news to get to. we cycle the spin now. ♪ and i brought some corn for popping ♪ ♪ lights are turned down low seventh ♪ let it snow let it snow let it snow ♪ plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 ...