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16 trillion in debt. getting higher by the clock. senator mike lee has a vote on this from utah. thank you for coming here. no backup plan according to the white house. in addition the treasury department says there is no plan b. what do you think about that? well, that s a problem. too often in washington we re faced between kind of a false choice. we re presented with a choice that says, okay, you either take no cuts at all and raise the debt limit, or you raise the debt limit with the promise of kits that may never transpire and that kind of cut simply won t cut it anymore. hard-working americans deserve better than this and all the programs they rely on are placed in jeopardy by reflexively raising the debt limit without putting in place permanent structural reform. bill: what do you think will happen? sometime about mid-february we start to see you guess something develop. what is your best guess? one of the things we will see happening is that people on the other side of this ....
News conference of his second term, certainly of the new year, 2013, that will happen 11:15 this morning in the east room. it is an open press event. perhaps the reason for this is his push on immigration. we may hear some of that at the top of this news conference what he hopes to accomplish there in terms of comprehensive immigration reform. no doubt there will be questions though about the debt ceiling and how the president expects to make up those revenues, whether he will try to do that to increase taxes one form or another. there will be a lot of questions this morning perhaps on afghanistan as well. that comes up 1:15 this morning and that comes up here on fox news. bill: you wonder if his answers parallel with what senator lee was talking about or whether they go in an entirely different direction. that is where the battle lines draw on this new term. martha: correction. this will be the last press conference of the last term because the inauguration is coming up. bill: duly no ....
Spending cuts are not the way to go, raising more revenue, more taxes is? oh, look i m certain that is coming. there is no question in my mind that is coming but i can also assure you, bill, what is coming from the other side in the long run that hurts economic growth. in the long run that will bring about less revenue rather than more. what you re doing there you re taking money away from job creators. ultimately you will kill jobs that will bring about less revenue and everyone hurts as a result of that. it is not just those at the top end of the economic scale. it is those along every end of the spectrum and especially those who are hard-working americans living paycheck it paycheck. that is who those tax increases really hurt. in the end the government loses as well. bill: senator, thank you for your time because as we re asking these questions and trying to get answers we have i can wering breaking news that will provide more answers. thank you, mike lee. martha: that may be t ....
Previous month, and december was already a month of record sales, and for the year 2012 saw 19.5 million background checks for firearms. that is a new year le lee record. we can expect to see vice president biden s recommendations on gun concerns, that comes out tomorrow. and big concerns what gun advocates are having ahead of the announcement. bill: the u.s. is now helping france battle islamist militants in the west african country of mali. the u.s. is providing communications help and transportation for military personnel, fighting to take back full control of the country. at the 1 ao 3 at the map behind us we can show you the location from mali. this has been a topic of discussion for some time now when it comes to islamists and powers and the future government of egypt. we ve talked quite a bit about ....