increasing the debt limit it gives congress more control over where we are going. the reid proposal is blue smoke from this standpoint. that he calaises a great deal of the savings he calculates a great deal of the savings from things we know are going to be saved any way. greta: a gimmick? yeah from this standpoint, safelying we projected we would in the iraq and afghanistan war when we know we are going to be out of there. it is dishonest to say you are going to have savings from something that isn t spent any way. greta: what would he said? he would probably say the republicans the budget never becomes law. if reid s bill would pass it would become law. a budget is nothing than an outline. greta: you are saying you did it so we do it?
specifically how we re going to lower health costs which have a lot to do with budgets not only in the united states, but all over the world. bill: that they do, but both proposals would involve republicans and democrats, it would not just be stacked to one side. well, of course. and it should be. bill: i see a compromise coming out of this. so do i. bill: i see the republicans dropping the balanced budget amendment, and i see democrats in the senate dropping any requirement to raise new taxes. well, there are no requirements in the reid proposal. there is no situation like that, bill, in the reid proposal. there s no increase in any revenue in the reid proposal. bill: right. and there s the compromise. that s my point. so you pass it in the house, you go to committee, reconciliation in the senate, you put the two bills together, and you ve got a deal by tuesday possibly. well, if we could have a possible deal by tuesday. the only thing, i don t want to come back six months f
bipartisan bill that should pass through the senate. that s not going to happen. but it s important. it means speaker boehner is open to perhaps amending this bill over the weekend down the line. what mike viqueira said is very important. over the weekend the kingmaker as this goes through the house is mitch mcconnell. does mitch mcconnell fight for this bill? fight for no cloture on the reid proposal, trying to say it s the only thing senate republicans will support or be open to some sweetener from harry reid to try and get the debt limit through 2012, like president obama wants somewhere boehner was open to that being a possibility. certainly he does not want to see it. his goal through this process is to jam the president, get this through to the weekend and it be the last proposal standing, however, he did not completely shut the door on further compromise. a significant point s in in a don t so rigid, folks not wanting to get out of their corner to leave the tiny window available
president? the president has been to my mind much too aggressive in talking about cuts. let s be clear. there are millions of progressive who extremely upset that this president has begun to talk about major cuts in social security, cuts in medicare, and hundreds of billions of dollars of cuts in but the reid plan, the progressive voices in this country are being heard by the white house, and also by the senate. does this have a chance of passing? ed, yes and no. you are right, the big three are not in the reid proposal. but you know what is in the reid proposal? a commission made up of 12 people, 6 democrats, 6 republicans. and within that commission, what could happen, what could happen is social security, medicare, and medicaid could be impacted. the point is, our position, which says that the wealthy and large corporations have got to contribute to deficit reduction
writer. the president has been to my mind much too aggressive in talking about cuts. let s be clear. there are millions of progressives who are extremely upset that this president has begun to talk about major cuts in social security, cuts in medicare, and hundreds of billions of dollars of cuts in medicaid. but, senator, the reid plan, the read plan has that s right. the progressive voices in this country are being heard by the white house and also by the senate. does this have a chance of passing? ed, yes and no. you are right, the big three are not in the reid proposal. but you know what is in the reid proposal? a commission made up of 12 people, 6 democrats, 6 republicans. and within that commission, what could happen, what could happen is social security, medicare, and medicaid could be impacted. the point is, our position, which says that the wealthy and large corporations have got to contribute to deficit reduction is what the overwhelming majority of the american peop