doesn t even take that on. the initial draft that we saw yesterday and the speaker is now behind closed doors trying to rewrite this thing because the numbers just with respect there, what we just weren t there, what we initially saw was a measly $1 trillion cut martha: we all remember the $4 trillion which bob corker is still talking about. i mean, the federal government sneezes and spends more money, right? to put it in perspective, the federal government spends $10 billion a day, so this boehner cut for the whole year would, essentially, be five hours and 20 minutes of government spending. martha: nothing. that s it. so when all of the pressure came down on him yesterday when the cbo scored this and all hades broke loose, he said, okay, we re going to go back and rewrite this to put some actual cuts in. the problem is that they punt the real budget monsters, they punt dealing with entitlement reform, they punt it to a commission martha: and something s going to
having our members come back to washington from all over the country. and so we re going to have a discussion. but there s no doubt that the overwhelming view was that set forth by the president. which is that it s important to move forward on this issue, you know, the republicans set this tickintimebomb, when they passed these tax cuts way back, they said, we re going to have them expire at the end of this year. what we re saying is, let s make sure that the middle class gets a continuation of a tax cut, but we can t afford it for the top 2%, and the notion that it s somehow necessary for job growth is proven wrong. and number two, their whole approach is betrayed by the fact that they are over in the senate filibustering the small business lending bill. finally we got senator voinovich who broke loose. but they re against that, they come out against the president s proposals for direct tax relief to small businesses which really
overwhelming view was that set forth by the president. which is that it s important to move forward on this issue, you know, the republicans set this ticking timebomb, when they passed these tax cuts way back, they said, we re going to have them expire at the end of this year. what we re saying is, let s make sure that the middle class gets a continuation of a tax cut, but we can t afford it for the top 2%, and the notion that it s somehow necessary for job growth is proven wrong. and number two, their whole approach is betrayed by the fact that they are over in the senate filibustering the small business lending bill. finally we got senator voinovich who broke loose. but they re against that, they come out against the president s proposals for direct tax relief to small businesses which really would help the economy. i think what we re seeing here is a very clear contrast as we go into this election.
discussion. but there s no doubt that the overwhelming view was that set forth by the president. which is that it s important to move forward on this issue, you know, the republicans set this ticking timebomb, when they passed these tax cuts way back, they said, we re going to have them expire at the end of this year. what we re saying is, let s make sure that the middle class gets a continuation of a tax cut, but we can t afford it for the top 2%, and the notion that it s somehow necessary for job growth is proven wrong. and number two, their whole approach is betrayed by the fact that they are over in the senate filibustering the small business lending bill. finally we got senator voinovich who broke loose. but they re against that, they come out against the president s proposals for direct tax relief to small businesses which really would help the economy. i think what we re seeing here is a very clear contrast as we