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I m jon scott. it appears they are making precious little headway as the clock tick down toward a default deadline that is now eight days away. new hampshire senator kelly eye yacht that is a republican and is our guest right now. you are in favor of the cut, cap and balance legislation, correct? i am, jon, because the jon: and the u.s. senate has essentially said, we re not going to do that, we ve put it on the table. is there any chance of getting that legislation off the table? well, we weren t given a full, robust debate in the senate on cut, cap and balance, and the plan makes sense. let s cut spending immediately, cap spending so we can get our fiscal house in order and balance our budget. so we didn t get a full debate on that. i m still hopeful that plan will go forward. that said, you know, where s the president in all of this? cut, cap and balance was passed by the house to raise the debt ceiling with serious spending reforms, and apparently there was some kind of bipar ....
Jon: gridlock on cap capitol hill, why am i not surprised? i m jon scott. it appears they are making precious little headway as the clock tick down toward a default deadline that is now eight days away. new hampshire senator kelly eye yacht that is a republican and is our guest right now. you are in favor of the cut, cap and balance legislation, correct? i am, jon, because the jon: and the u.s. senate has essentially said, we re not going to do that, we ve put it on the table. is there any chance of getting that legislation off the table? well, we weren t given a full, robust debate in the senate on cut, cap and balance, and the plan makes sense. let s cut spending immediately, cap spending so we can get our fiscal house in order and balance our budget. so we didn t get a full debate on that. i m still hopeful that plan will go forward. that said, you know, where s the president in all of this? cut, cap and balance was passed by the house to raise the debt ceiling with serious sp ....
Than 4 days to the friday deadline. a bipartisan group of senators announced a plan that includes trillions in budget cuts and a major overhaul of the tax code. we are waiting for a key vote in the house on cut, cap and balance. it requires the federal government to balance its budget every year. it limits spending to 20% of the gross domestic product and it requires a super majority to raise taxes. republicans believe they have enough votes in the house to pass that. but the president spoke to reporters at the white house, he says that will be no deal, if fit lands on his desk he will veto that. he sounded like he was getting behind this new plan from the senate. the good news is today a group of senators, the gang of six, democrats and republicans. it s now gang of seven. one additional republican ....
We are waiting for a key vote in the house on cut, cap and balance. it requires the federal government to balance its budget every year. it limits spending to 20% of the gross domestic product and it requires a super majority to raise taxes. republicans believe they have enough votes in the house to pass that. but the president spoke to reporters at the white house, he says that will be no deal, if fit lands on his desk he will veto that. he sounded like he was getting behind this new plan from the senate. the good news is today a group of senators, the gang of six, democrats and republicans. it s now gang of seven. one additional republican senator add on put forward a proposal that is broadly consistent with the approach i urged. it says we have to be serious about reducing discretionary spending both in domestic spending and defense, we have to ....