sometime.ç david, seems like the president is basically saying all i want, get this out of the way before the incomes election. in that interest i ll give you what you want, basically? the democrats, without, and republican. s have drawn a line in the sand. problem is, it s inside it s republican tent. it s basically up to the bedroom. saying, we ll given you cuts, and part of reid s plan is $1.2 trillion in defense and non-defense discretionary cuts. we don t know what the cuts will be. may be real cuts in real problems, that the president and other democrats care a lot about. they have basically yielded to republicans on a big conceptual point. linking, lifting the debt ceiling to spending cuts and two things republicans still want. a dollar for dollar cut in spending to match a debt ceiling increase and a trigger mechanism for a balanced budget amendment. holding out ideologically. speaker boehner when asked about the reid plan earlier. let s listen.
ceiling and cuts and another debt ceiling mechanism next year sometime. david, seems like the president is basically saying all i want, get this out of the way before the incomes election. in that interest i ll give you what you want, basically? the democrats, without, and republican. s have drawn a line in the sand. problem is, it s inside it s republican tent. it s basically up to the bedroom. saying, we ll given you cuts, and part of reid s plan is $1.2 trillion in defense and non-defense discretionary cuts. we don t know what the cuts will be. may be real cuts in real problems, that the president and other democrats care a lot about. they have basically yielded to republicans on a big conceptual linking, lifting the debt creeling to spending cuts and two things republicans still want. a dollar for dollar cut in spending to mamp a debt ceiling increase and a trigger mechanism for a balanced budget amendment. holding out ideologically.
of doing tax reform in the fall through december what is the guaranteed tax reform gets done and there is new revenue. you eluded to it. republicans say if democrats don t keep up their end of the bargain we get rid of president obama s individual mandate. democrats say we get rid of the bush tax kults 250 or above. they re working on the trigger mechanism. it s going to take many differentists and turns. it s looking like wednesday is the closest thing we ve heard all along in this process that a firm deadline needed to work out the compromise. luke, some exclosive issues in that mix. this is going to be a really interesting negotiation to follow. a long way to go, andrea. there s still a long way to go. next week s the real crunch time. we ll have a fun weekend. thank you, luke up up on the hill for us. senator kent conrad chairs the budget committee and is a member of the gang of six and joins me
police are urging folks to stay off their cell phones just in order to keep those networks free so some of the people in the area can call their loved ones, call their family, tell them they re okay. but on top of all this, a person dressed up as a policeman walked into this youth camp attended by 700 people and just opened fire. everything is unfolding as we speak. i want to go to nima. bring us up to speed as far as what s happened. does the number seven fatalities, does that number even still hold? our understanding, brooke, is that death toll will definitely rise. emergency services have said that they still are unable to fully access the buildings around that initial blast. one of the government spokes people said that although today was a national holiday, hundreds of people were in those buildings. and they continue to be trapped in there. they are unable to reach those people as of yet. and on the island, a labor party spokesman, the ruling party in norway said that
component because we don t think that we should be asking some people to take big cuts when we re not asking the big oil companies to get rid of their subsidies. there s also the question of a trigger. in other words, if you can get a certain amount in down payment whatever number it is you then create a trigger mechanism to get a remaining cut could you agree on the trigger but not agree on how you enforce it? well, it s very difficult to do a trigger without some kind of enforcement mechanism. what i mean by that is, you need to spell out what happens when the trigger goes but i m talking about spelling out whether tax hikes versus spending cuts and the ratio of tax hikes and spending cuts. you would have to have both as part of a trigger because you have to make clear what cuts are taking place. then you also have to make clear what revenues would kick in. they re playing my song. congressman chris von hollen, i think we d go into the weeds. we hope we can pull t