economy. the nonpartisan congressional budget office has told us that we will have 800,000 fewer jobs in this country this time next year if we keep that in place. so what we ve said is let s replace it. we can achieve the same amount of long-term deficit reduction with much smarter cuts over a long period of time, but also the elimination of a lot of these tax breaks, including tax breaks that encourage american companies to ship american jobs overseas. so you can both raise revenue to replace the sequester, which is killing jobs, and reduce the incentive, the tax incentives, for many american companies to ship jobs overseas. you would think that would be a w win/win, but our republican colleagues don t want to talk about it. is paul ryan as ideologically fixed on the economy as ken cuccinelli is on social issues? aren t they cut from exactly the same uncompromising cloth that is preventing any kind of
i don t know where you get the more taxes from. let me make it clear there there s two houses here. there s two houses here. neil: i understand that. and the fact is that you re disturb. the only budget i can see is hers. that s all you can see. i m on the house side. so you need to the president s late, this is all i got to go on. but it s not all listen, you can go on the egyptian budget but it s not before the house of representatives and i m here with the house of representatives. what i m saying is that raising revenue is not a contradiction of cutting spending. that s all i m saying. any party, any household, any company that says is wants to reduce the deficit by meaning don t raise revenue are not serious about cutting the deficit. neil: even though we ve raised revenue, bottom line. we should be willing to close tax loopholes if we didn t have a deficit, if we didn t have
can say why we can t get together except some cocky maimy idea that the republican party would raise revenue. i didn t say increase taxes. i said raise revenue. i want to talk to you about drones, the other topic of conversation this week. this is what senate intelligence committee chair dianne feinstein said to chris matthews on thursday. take a listen. in some respects, it s the perfect assassination weapon. it can see from 17,000, 20,000 feet up in the air. it is very precise. it can knock out a room in a building if it s armed. it s a very dangerous weapon. what kind of regulations should we be looking at? very severe restrictions. it is a scary notion. as a kid, i m a buck rogers fan, but i never thought that something like this was possible. as an american, i m pleased that we have it now, but
that the sequester is not healthy for the party. i understand. it s not healthy for the country. when it s 40 plus to 1 tax hikes or spending cuts, can you blame republicans who are looking at this and saying no. we re talking about people who are out of work that we want to create jobs for. you re talking about some c oo. ckamamie economic formula. they tax the top 1%. i just say a pox on both your houses. a pox only to the extent that we didn t get along but don t say that you just have to do cutting. well, then don t say you have to just do revenue. no within no one is saying . medicaid, medicare, and social security i don t think should be on the table if this is not going to help raise revenue. okay. if it s not going to raise revenue, don t cut it. all right. you seem angry. i m just telling you. i m not angry.
the border to lebanon. i would not exclude jordan from this. jordan is in a weak state much the king has been under challenge. he is a friend of the united states. they are susceptible to turbulence from syria. trace: former state department under secretary, nicholas burns. the fiscal cliff crisis and president obama saying it could all be over in a week if republicans would get on board with his plan. of course, republicans argue he is the one refusing to budge. jut more bickering as we get closer and closer to a potential economic disaster. by now you likely know that the fiscal cliff is a series of spending cuts and expiring tax credits set to take effect in 27 days. today the president made the case to a group of top business leaders. his plan calls for a higher tax rate on earned income exceeding $250,000 and republicans say that would be a job killer. though are pushing for raise revenue by closing tax loopholes and deductions, something that