Host we have been talking with sam goldfarb from cq roll call. Thank you very much. Explores the history and literary culture of all money of albany. Tonight on cspan, a Senate Debate on the fiscal cliff. Shaun donovan discusses it. Harry reid and Mitch Mcconnell when backandforth on fiscal cliff issues and a proposal to raise the debt ceiling. Here is part of their exchange. Yesterday afternoon, i came to the floor and offered president obamas proposal on the fiscal cliff to show that neither he nor democrats in congress are acting in good faith in these negotiations. With just a few weeks ago before a potentially entirely avoidable blow to the economy, the president proposed a plan the members of his own party will even vote for. He is not interested in a balanced agreement, not particularly interested in avoiding the fiscal cliff, and clearly not interested at all in cutting any spending. With the president is really in, as we learned just yesterday, is getting as much taxpayer mone
You can start dialing in now, or you can contact us via social media. You can make a comment on our Facebook Page. You can also send us an email. From the hill newspaper yesterday a new poll by abc news and the Washington Post. 57 say they support a president ial bid from every clinton in 2016. From Hillary Clinton in 2016. 68 approved of her work as secretary of state. 66 hold a favorable view of clinton after her department has faced criticism over the handling of benghazi and libya. Clinton also has heavy support in new york were 54 of registered voters say they would support a president ial bid by her in 2016. That is an the hill newspaper. We have lots of Facebook Comments already on this question. We want to share a couple of those with thieu. Jackie says she has my vote. Williams says i think she has been a great job for secretary of state but will not vote for her for president. Andy says hillary 2016. Military spouses against the wars says she will fit in perfectly with all of
United states of america. And widows and orphans funds will invest in government bonds. Host alma, thank you for your call. We will consider your suggestion. The senate banking, housing and urban Affairs Committee is about to hold a hearing on the oversight of the fha program. Shaun donovan will be testifying. We will be going to that as soon as that hearing begins. I want to show you this article in the New York Times took. President obama plans to ask congress for about 50 billion for emergency funds to help rebuild the states the were ravaged by hurricane sandy. Regional leaders complained wednesday it was not enough. The white house will send the proposal to capitol hill this week. It should be between 45,000,000,000. 50 5 billion, according to officials 45 billion and 55 billion, according to officials. Both democratic and republican lawmakers from the region quickly expressed disappointment in the pending request and lobby the administration to increase it before sending it to co
We have got to do something about the spending. And obsessions to raise taxes is not going to solve the problem. What will solve the problem is, doing something about the entitlements, taking on the wasteful spending in washington. We cant just keep borrowing money and raising taxes and expecting the problem to go away. That is our point to the president. And as the speaker said, we want to sit down with the president and want to talk specifics. We put an offer on the table now. He has out of hand reject that had. Where are the specifics and where are the discussions . Nothing is going on. The people of this country are suffering. We ask the president , sit down with us and be serious about the specifics in the spending so we can stop the wasteful spending in washington and finally address the problem. As we continue to try to solve the fiscal cliff, the thing we have continued to look at is our economy. Today in the whips office we will have small familyowned businesses in there and t
Gross margin bottom will fall by half a percentage point. We will reverse the hardfought gains over the past few years. We cannot afford to go backwards. Instead we need a balanced and bipartisan approach. One that balances the short and longterm needs, distinguishes between Foreign Investments and the Core Investments that must be reserved, and spending that we can live without that utilizes both spending cuts and revenue increase. The first order of business should be to protect those middle income families i talked about and protecting them from a tax increase. The cbo estimates that simply extending the middleclass tax cuts would boost gdp by 1. 3 and create 1. 6 million jobs. Let me say that again boosted gdp by 1. 3 and create 1. 6 million jobs from that tax cut we can enact. It would resolve much of economic safety for these middleclass families. The wealthiest among us can help us reduce the debt by paying more. It is encouraging to see republican members of the house and the s