the president says a debt ceiling disaster right around the corner but has he checked america s bank account recently? stuart varney walking down our new yellow hall says he should and then he should start telling the truth. stuart explains the numbers coming up. find a place on the couch if you will, sir. then, would you let your daughter do this? of course not. it s the hottest costume this halloween. will you let your kids wear it? thanks, miley. [ male announcer ] even ragu users a. chose prego homestyle alfredo over ragu classic alfredo. prego alfredo?! [ thinking ] why can t all new things be this great? ha ha! whoa! [ monkey squeals ] [ sighs ] [ male announcer ] choose taste. choose prego.
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i ve watched them kick this can down the road for 22 years that i ve been here. i ve had enough of it. welcome back to the ed show. with the sequester deadline looming, speaker john boehner is refusing to accept new revenue to avoid spending cuts. well, republicans, you see, they just want to trade cuts for cuts. here is a chart of the spending cuts. the democrats and republicans agreed to during the 2011 debt ceiling disaster, and it is $1.7 trillion in cuts. there is not a dime of new revenue there. here is the chart when you add the $737 billion in new revenue agreed to during the fiscal cliff deal. republicans are winning the battle, wouldn t you say, when it comes to balancing? over two-thirds of deficit reduction has come from cuts to domestic programs, and it s not exactly fair. but now the house progressive caucus has come out with what
down the road for 22 years that i ve been here. i ve had enough of it. welcome back to the ed show. with the sequester deadline looming, speaker john boehner is refusing to accept new revenue to avoid spending cuts. well, republicans, you see, they just want to trade cuts for cuts. here is a chart of the spending cuts the democrats and republicans agreed to during the 2011 debt ceiling disaster, and it is $1.7 trillion in cuts. there is not a dime of new revenue there. here is the chart when you add the $737 billion in new revenue agreed to during the fiscal cliff deal. republicans are winning the battle, wouldn t you say, when it comes to balancing? over two-thirds of deficit reduction has come from cuts to domestic programs, and it s not exactly fair. but now the house progressive caucus has come out with what they call the balancing act.
i ve had enough of it. welcome back to the ed show. with the sequester deadline looming, speaker john boehner is refusing to accept new revenue to avoid spending cuts. well, republicans, you see, they just want to trade cuts for cuts. here is a chart of the spending cuts the democrats and republicans agreed to during the 2011 debt ceiling disaster, and it is $1.7 trillion in cuts. there is not a dime of new revenue there. here is the chart when you add the $737 billion in new revenue agreed to during the fiscal cliff deal. republicans are winning the battle, wouldn t you say, when it comes to balancing? over two-thirds of deficit reduction has come from cuts to domestic programs, and it s not exactly fair. but now the house progressive caucus has come out with what they call the balancing act. it s a common-sense plan to reduce the deficit by closing tax loopholes and cutting wasteful defense spending. here is the chart of the plan. there is $1.7 trillion in new revenue. the $1.7 t