house and the senate. no budget, no pay. carl cameron in the d.c. newsroom tonight. how is this supposed to break the gridlock? hey, shep. it s basically a two-part deal. the first says by april 15th, both the house and the senate each have to pass a budget that balances in 10 years. should either chamber fail then its members paychecks can t be delayed. they can t stop it constitutionally they have to get paid. the other part suspends enforcement of the federal debt limit until may 19th, at which point it will increase retroactively without any offset in spending cuts. here is how speaker john boehner summed it up today. you know, the premise here is pretty simple. it says that there should be no long-term increase in the debt limit until there is a long-term plan to deal with the fiscal crisis that faces our country. and now the democrat-controlled senate hasn t really passed a budget resolution during the obama administration ever. but even before the house approved the new
and if we re going to really change, take this economy back, reclaim our democracy, we have got to talk in terms of a social movement that gets people involved beyond an individual campaign. to what end? to which end? yeah. to which end? to the end of making sure the economy is fair, that average working people are seeing their wages grow, and their benefits increase, and that our democracy is not just feeding off of big money. yeah. mark mckinnon. mr. secretary, i agree that it s manifesting the outrageous is manifesting itself in a lot of movements like no labels, which now has 500,000 people and are talking about a no budget, no pay measure. which is getting a lot of traction. but what is your answer on this compensation issue? is it more shareholder rights? isn t it a free market? what is the answer on the compensation issue? well, i think, mark, part of the answer is shareholders have to have more say over pay and that is coming. i think that the fact that