Raised, at least temporarily, but there are still Big Decisions to be made. You specifically said in the last few days that your priority is to make a big down payment on the debt. A debt crisis that you see in this country. Thats right. What do you specifically require . Whats the priority . What has the president got to do in your point of view . Ill just explain what the speaker said when we passed that bill. Our goal is to get cuts and reforms that put us on a path to balancing the budget in a decade. We think the senate ought to offer a budget. They havent passed a budget in four years, even though we have a law that says we need a budget every year. We havent seen any Solutions Offered by the president on how to get the budget balanced, pay down the debt, and no budget in four years. We need to figure out how to grow the economy, how to get opportunity. And if we have a debt crisis like they had in europe, everybody gets hurt. Thats what we want to avoid. Last week, senator schum
Additional revenue. Are you opposed to any additional revenue that could come from tax reform . We offered that back in the fiscal cliff negotiations. The president got his additional revenues. Thats behind us. Those higher revenues occurred, and now we need to focus on getting spending down. Here is the leverage question. Senator schumer said we didnt just get our revenues. We got some. There has to be more that are part of it. The president will say that. So as you are are we for more revenue . No, we are not. Even if its from tax reform . If you keep raising revenues, youre not going to get different tax reform. I know you didnt want a chart, but im kind of a chart guy. This dream line shows you the historic taxes. The red line is tax increases. The red line, where spending is going. Spending is the problem. Revenues arent the problem. If you keep chasing higher spending with higher revenues as theyre calling for, youre going to hurt economic growth. Youll never catch up. Youll shut
Journal this morning. See you tomorrow morning at 7 00 eastern time. [captioning performed by national captioning institute] [captions Copyright National cable satellite corp. 2013] coming up live, army chief of staff general ray odierno will discuss the impact of budget cuts on the military and how that is shaping their strategy, Going Forward, hosted by the American Enterprise institute. Eastern, today at noon alan krueger, the white house chief Economic Advisor will be interviewed at a political event. Administration, treasury, and at the white house since 2009, stepping down to return to princeton this fall. The first lady reflects the schism in the United States about what women are supposed to be today. Are we supposed to be mom in chief, 1st meet mate . That the president is supposed to be head of state and government is the first lady supposed to be in ideal fashinista, mom helpmate . St if she is going to be the first helpmate, she has to know what is going on in the administr
For peace deal in the middle east. John kerry kicked off talks washington last night with israeli and palestinian negotiators. What is your reaction . Democrats, 2025853880. 3881. Icans, 202585 5853882. Nce, 202 you can also email us at journal cspan. Org. Headline we want to get your thoughts on this this morning. Middle east talks resuming. The phone numbers are on your screen and you can also send us comments via social media. Inside the Washington Times is what is up for discussion. Key issues on the table this week in washington. The first is directed at israelipalestinian negotiations. That in the Washington Times this morning. Also in the papers this morning analysis of the situation. Hear from the New York Times is this headline i want to show you what martin index martin indyk had to say. [video clip] it is my conviction for 40 years that peace is possible. Since i experienced the eight experience the agony of the war as a student of jerusalem. How one of firsthand your previo
Cheryl spike is a she. I cannot wait to meet her. That is a little bit later. Lets head back to the floor of the New York Stock Exchange. Nicole e cigarettes are very popular. Everyone will be waiting for that segment. Five straight weeks of gains for the dow. Today, pulling back some. Down one third of 1 . You do have energy that has been weighing on the dow. We have had five straight weeks of gains. Also, everyone waiting to see what the fed has to say. We did get some pending home sales in as well. The saks fifth avenue story, they own lord and taylor, it does include dead and gives them find real estate. Peridot is buying them for 8. 5 billion. Back to you. Adam thank you very much. 835 billion deal. Two of the biggest names joining forces. Dennis the largest ad Holding Company in the world. You have paris based publicist. Annual revenue of 23 billion, almost. Controlling ad revenue. They are merging as true equals, but are they to equal . We talked to the ceo, the Number One Firm