problem. i hope that happens when gets back from israel. chris: before you deal with the budget you have to pass a continuing resolution before march 27 and going on recess at the end of this week, to keep the government running otherwise it shuts down. the question, senator durbin, is will the senate pass a cr, a continuing resolution that keeps spending at $984 billion which is what the spending level is of the house cr including the sequester cuts? chris, when i left, washington, on thursday we had 99 amendments pending to the continuing resolution. the budget for the federal government. 99 amendments. six of the amendments were on the issue of our relationship with egypt. this is all very important i understand. we have work to be done in just a short period of time. i urge senate colleagues let s get the cr passed. we can do it and do it quickly this coming week. chris: direct question will you pass a cr at $984 billion
republicans who have spoken to recently, i think people do want this to happen ultimately because it will force the hand of the congress. it will actually force these men and women to sit down and actually have to deal with the problem because $84 billion in cuts 44 or thereabouts for this year, it s going to be a stark number. it s going to be a real number suddenly, and they re going to have to face it. you know, i ve not been a fan of sequester. i think this is all theater to begin with. it s shishging responsibility. we ve gone five years now without a budget coming out of the senate. we ve had two budgets in the house. virtually torn up before the ink had dried on them. the reality the reality of it is washington has failed the american people, and this is a wake-up call because you re going to have campaign starting soon. elections i would say they probably already started. you will have a lot of challengers coming from the right and the left to mix this thing up over t
Detailed text transcripts for TV channel - MSNBC - 20121111:17:05:00 comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.
spending cuts that will kick in at the end of the year if nothing is done. a midnight december 30th, the bush tax rates will expire, the alternative minimum tax kicks in. more than half of married couples with two children will owe an additional $4,000 in taxes a year. and the 2011 temporary payroll tax cut expires, meaning a 2% tax increase for most workers. if nothing is done, $984 billion in defense and non-defense cuts that congress agreed to, which is referred to as so-called sequester in washington s beat, that will go into effect. emergency unemployment benefits also be expire. during the campaign the president laid down a line in the sand on the bush tax cuts. will you veto any legislation that extends all of the bush tax cuts, even to what you call the wealthy? yes. the reason is we can t afford it. it will cost us a trillion dlz. last night john boehner laid
victims by attending a memorial outside of the theater. good news this morning katie medley a pregnant woman who escaped the massacre without injury gave birth to a baby boy hugo jackson medley. hugo s dad is fighting for his life. he lost his right eye in the shooting and has brain damage. new analysis by the congressional budget office will shrink a little but still costs a staggering amount. states being allowed to opt out of medicaid will reduce the deficit by $84 billion over the next 10 years. that bring the cost of the healthcare law down to $1.2 trillion much more than the 94 billion he initially said. 3 million people will also gain coverage. repealing the obama care will cost $3 billion. allen is accused of mailing the letters containing white