good evening, everyone, i m erin burnett. outfront tonight, capitol hill s dangerous game of jenga. we re going to play in a movement. let me explain. we came across a report today that, frankly, made us roll our eyes. i said the word vile out loud. here was the line. quote, congress said to delay automatic budget cuts until march. in other words, congress is now trying to get out of its self-imposed deadline of january 1st. that is when our leaders in washington, either have to find ways to cut the deficit by $1.2 trillion or face automatic across-the-board spending cuts equal to that amount. now, those automatic cuts are designed to hit in the worst places. places that you would not make quick cuts to solve the spending problem. poorly designed, on purpose. bipartisan reports say those cuts could cost over 1 million american jobs. but instead of that terrible situation forcing congress to say, you know what, we re going to find a better, smarter set of cuts, we can cu
good evening, everyone, i m erin burnett. outfront tonight, capitol hill s dangerous game of jenga. we re going to play in a movement. let me explain. we came across a report today that, frankly, made us roll our eyes. i said the word vile out loud. here was the line. quote, congress said to delay automatic budget cuts until march. in other words, congress is now trying to get out of its self-imposed deadline of january 1st. that is when our leaders in washington, either have to find ways to cut the deficit by $1.2 trillion or face automatic across-the-board spending cuts equal to that amount. now, those automatic cuts are designed to hit in the worst places. places that you would not make quick cuts to solve the spending problem. poorly designed, on purpose. bipartisan reports say those cuts could cost over 1 million american jobs. but instead of that terrible situation forcing congress to say, you know what, we re going to find a better, smarter set of cuts, we can cut th
$6 billion. to me the most patriotic thing you can do as an american is be filthy rich. you are creating jobs and opportunities. he used his 6 million to start another company and create anoth more jobs and bought a lousy basketball team. a team not expect to do win won the championship. is it what you had or the players? if you mention our win loss record you are fired. losing is contagious. we had a survival attitude as opposed to let s win attitude. if you don t think like winners i be tray you i will get rid of you. it took us 12 years but we won a world championship last year. now he stars in a reality show that invites entrepreneurs that pitches ideaings that might grow into job creating. $500,000 for 45 percent of the company. cuban said it would be hard to start his businesses today
$6 billion. to me the most patriotic thing you can do as an american is be filthy, filthy rich. you are creating jobs and creating opportunities. he used his billion dollars to it hire more people and create more wealth. and he bought a lousy basketball team. you took a team not expected to win and they became national champions yeah, we sucked. did you have some ideas nobody else had or just good players? i walked in and i told everybody if you mention our win loss record you are fired. the attitude would spread and be contagious. it was county gauss. we had a survival attitude as opposed to a let s win attitude. if you don t think like winners i will trade you and get rid of you. it took us 12 years but we finally won a world championship last year. now, cuban stars in a reality show that invites entrepreneurs to pitch ideas that might grow into big job creators. $500,000 for 40% of the
$6 billion. the most patriotic thing you can do is be filthy rich you are create be joss and opportunities. he used his dollars to create more wealth and employ people then he bought a lousy basketball team. you bought a team not expected to win and they became national champions. did you have an idea somebody else had? mention our win loss record you are fired. the attitude was contagious. it was contagious. we had a survival attitude as opposed to let s win attitude. that is what i had to change. if you don t think like winners i am going to trade you. we finally won a world championship last year it took 12 years. he has a reality show to pitch entrepreneurs might grow. $4,500 for 45 percent of the company. cuban said it would be hard for him to start his businesses