that s been proven wrong. where you have low inflation and historically low interest rates. right now our problem is jobs, and there is no question cutting that sort of spending is going to hurt jobs. michael grunwald, good to have you with us tonight. thanks for being on the ed show. erskine bowles and allen simpson introduced a new simpson/bowles deficit reduction plan today, even though nobody asked them to do it. the new simpson/bowles is worse than the old one. there is only $600 billion in tax savings less than what they proposed before. now there are cuts to medicare, medicaid and social security benefits. the ratio of cuts to new tax revenue is three-to-one. who voted for that? today bowles and simpson were interrupted by protesters as they tried to pitch their new plan. this is a proper response to the latest simpson/bowles proposal. pay your fair taxes. pay your fair tax. some cuts don t yield.
michael grunwald, good to have you with us tonight. thanks ofor being on the ed show. erskine bowles and allen simpson introduced a new simpson/bowles deficit reduction plan today, even though nobody asked them to do it. the new simpson/bowles is worse than the old one. there is only $600 billion in tax savings less than what they proposed before. now there are cuts to medicare, medicaid and social security benefits. the ratio of cuts to new tax revenue is three-to-one. who voted for that? today bowles and simpson were interrupted by protesters as they tried to pitch their new plan. this is a proper response to the latest simpson/bowles proposal. pay your fair taxes. pay your fair tax. some cuts don t yield. we need good jobs now. pay your tax. let s bring in jonathan alter, msnbc political analyst and columnist for bloomberg view
right now our problem is jobs, and there is no question cutting that sort of spending is going to hurt jobs. michael grunwald, good to have you with us tonight. thanks for being on the ed show. erskine bowles and allen simpson introduced a new simpson/bowles deficit reduction plan today, even though nobody asked them to do it. the new simpson/bowles is worse than the old one. there is only $600 billion in tax savings less than what they proposed before. now there are cuts to medicare, medicaid and social security benefits. the ratio of cuts to new tax revenue is three-to-one. who voted for that? today bowles and simpson were interrupted by protesters as they tried to pitch their new plan. this is a proper response to the latest simpson/bowles proposal. pay your fair taxes. pay your fair tax. some cuts don t yield. we need good jobs now. pay your tax. let s bring in jonathan alter, msnbc political analyst and columnist for bloomberg view and katrina vanden heuvel,
from the middle class out. president obama talked eloquently and passionately during the campaign about making sure that we can get a handle on this deficit, that we can rebuild our economy from the middle class out, that we can focus on creating jobs and getting the economy turned around, and that s what he s going to be working in earnest to do. we really are hoping that we have an opportunity to work together with the republicans, to move our econmm22ujuu(áq well, this would be the time to do it, if they ll just step forward. congresswoman debbie wasserman schultz, thanks so much. there s a lot more coming up in the next half hour of the ed show . whether you voted for the very first time or waited in line for a very long time by the way, we have to fix that. voter suppression across the country was a man-made disaster. senator barbara boxer has a new plan to end it and she s here tonight. a republican billionaire breaks, basically admitting he should have supported presid
eloquently and passionately during the campaign about making sure that we can get a handle on this deficit, that we can rebuild our economy from the middle class out, that we can focus on creating jobs and getting the economy turned around, and that s what he s going to be working in earnest to do. we really are hoping that we have an opportunity to work together with the republicans, to move our economy forward. well, this would be the time to do it, if they ll just step forward. congresswoman debbie wasserman schultz, thanks so much. there s a lot more coming up in the next half hour of the ed show . whether you voted for the very first time or waited in line for a very long time by the way, we have to fix that. voter suppression across the country was a man-made disaster. senator barbara boxer has a new plan to end it and she s here tonight. a republican billionaire breaks, basically admitting he should have supported president obama. we ll tell you who the big donor is, ah