i have already signed 2.4 trillion deficit into law. it will not harm recovery. it surpasses the goal of 4 trillion of deficit reduction which many believe will stabilize our finances. republicans are not enthused overall the prepare po propos falls short on cutting spending on entitlements. will will there are nuggets which are optimistic but we are beginning to set the stage for the grand bargain. the approach of republicans is my way or the highway. their view is the only way to a plan is turn medicare into adoption program and enkt the romney economic plan. american people have rejected that and americans should be doubling down on that. democrats criticize the plans
unpatriotic at $9 trillion, is it sustainable at $16 trillion? chris, here is is the good news. we reduced the long-term deficit by about $2.4 trillion including only $600 billion in new revenue as part of the fiscal cliff. we still have to do more but we have taken the edge off the crisis. i willle concede that. what the president is pointing to is this. we need strong economic recovery. we need to put americans back to work. that is our first priority. deficit reduction i would put as the second priority and one that is coupled with economic growth. so i think we can do both. make sure we have deficit reduction but don t cut too much too fast. take for scamel the sequestration. 700,000 american jobs will be lost. h is not the right time to do it. we have to phase this in and sequence it so we have economic growth and americans paying taxes. that really helps us recover.
unpatriotic at $9 trillion, is it sustainable at $16 trillion? chris, here is is the good news. we reduced the long-term deficit by about $2.4 trillion including only $600 billion in new revenue as part of the fiscal cliff. we still have to do more but we have taken the edge off the crisis. i willle concede that. what the president is pointing to is this. we need strong economic recovery. we need to put americans back to work. that is our first priority. deficit reduction i would put as the second priority and one that is coupled with economic growth. so i think we can do both. make sure we have deficit reduction but don t cut too much too fast. take for scamel the sequestration. 700,000 american jobs will be lost. h is not the right time to do it. we have to phase this in and sequence it so we have economic growth and americans paying taxes. that really helps us recover. chris: senator corker,
quibble with whether the e-mail constituted intimidation. let s put that aside because i don t mean to attack woodward. i just asked about it. even the washington post is online now i don t know if it s for tomorrow or today pointing out giving obama pinocchios for saying the capitol hill janitors won t be able to work they are taking a pay cut. they are all working. they are not taking a pay cut. and i don t think americans believe that raising spending by only $2.4 trillion rather than $2.5 trillion over the next ten years is going to be devastating. it is just not an argument that can win. geraldo: kelly ann on the role that woodward played, thumbs up, thumbs down and do who do you think it bearing the burden. thumbs up for bob woodward. i thought it was brave of him to come forward and say this is obama s brain child and he
quibble with whether the e-mail constituted intimidation. let s put that aside because i don t mean to attack woodward. i just asked about it. even the washington post is online now i don t know if it s for tomorrow or today pointing out giving obama pinocchios for saying the capitol hill janitors won t be able to work they are taking a pay cut. they are all working. they are not taking a pay cut. and i don t think americans believe that raising spending by only $2.4 trillion rather than $2.5 trillion over the next ten years is going to be devastating. it is just not an argument that can win. geraldo: kelly ann on the role that woodward played, thumbs up, thumbs down and do who do you think it bearing the burden. thumbs up for bob woodward. i thought it was brave of him to come forward and say this is