2012 Republican presidential hopeful Newt Gingrich was forcefully questioned by Bob Schieffer on Face The Nation. Cenk Uygur breaks it down.
The Young Turks/MSNBC host Cenk Uygur shares the excuse Republicans are using after Democrat Kathy Hochul won a special election in New York.
Ben Mankiewicz discusses Fox News program 'Fox and Friends' claiming Obamacare already cut medicare and instituted "Death Panels"
As unemployment and inflation remain high, U.S. consumers are increasingly using their credit cards for life's necessities. Now just image how Americans finances would be without government support such as 'Food Stamps' which help 45 Million of us now.
The debt ceiling debate is still roaring and the current news is a potential deal to cut only $3 trillion over TEN years. But white house sources are denying that any deal is close to completion.
Tuesday the House passed the 'Cut, Cap and Balance' bill. The bill allows a debt ceiling increase only after Congress would approve a balanced budget amendment to the U.S. Constitution. However unlikely, this would surely help the United States return to fiscal sanity, a freer market and thusly prosper. The Senate is expected to vote on the bill today.
Although destructive in other ways, if the debt ceiling is not raised the U.S. will not or should not default on it's foreign obligations. As Ron Paul states, they're trying to frighten people with default.
A new Greek recovery plan rallied the euro Thursday and is supposedly going to give Greece a longer period of time to pay back their bailout loans.
It is only a matter of time before countries like Germany, who are holding the bag for Greece and other bailout countries, to leave the Euro to escape from being responsible for another nation's debt.
Gold breaks 1600 this past week and today the Hong Kong Mercantile Exchange is launching silver futures contracts. This should spell an even more bullish outlook for Silver and precious metals in general.
The U.S. Senate voted down the 'Cut, Cap and Balance' bill the House passed, Senator reid stating that it is "perhaps some of the worst legislation in the history of this country." The debt ceiling debate will continue
...until next time
Visit www.whatistruefreedom**** to Discover the Truth.
In today's show, we talk about Miley cutting her hair, Ochocinco going to jail, Kim Dotcom's new IP, Wikileaks' Trap Wire exposure, and everything else that mattered to me.
Megatour 9 hits the Midwest US with 7 days of sessions from Chicago, IL to Minneapolis, MN. With over 20 riders from around the globe, teams Eastern, Mongoose, Profile, and Tree stumble down the road serving up clips galore.
Mongoose: Justin Cobal, Paul Ryan, James Ivett, Greg Illingworth, Miles Rogoish, Chuck Fallon (TM)
Profile: Jeff Klugiewicz, Conall Keenan, Larry Alvarado, Grant Castelluzzo, Jared Eberwein, Matt Coplon (TM)
Tree: Zak Earley, Bobbie Altiser, Eben Fischer, Justin Sexhaur, Nathan Parker, Sam Schulte (TM)
Eastern: Eric Holley, Phil Jones, Adam Banton, Karl Poynter, Leigh Ramsdell (TM)
Paul (Ryan Reynolds) si ritrova rinchiuso in una cassa di legno 3 metri sotto terra con in tasca un cellulare, una matita e un accendino Zippo. Grazie a questi 3 elementi, deve capire come è finito in quella cassa, per quale motivo e come fare a guidare i soccorritori fino a lui per poterlo liberare. Mentre i 90 minuti di aria a disposizione scorrono, mantenere la calma è sempre più difficile.
BY ALANA YOUNG
ANCHOR JENNY MECKLES
You're watching multisource politics news analysis from Newsy
Government shutdown. You might have heard these two words a lot lately on the evening news -- but what does it actually mean? After months of negotiations - six temporary funding measures - and a shutdown looming again, lawmakers have been quick to start - and continue - the blame-game.
REP. PAUL RYAN (R-WI), CBN: “Up here in Washington, we have no partners to negotiate with. The other side of the aisle is just choosing to walk away from this fight.”
REP. CHRIS VAN HOLLEN (D-MD), CNN: “What you have right now is the Tea Party wing of the Republican Party in the House saying, it’s our way or a shutdown.”
REP. TIM GRIFFIN (R-AR), FOX NEWS: “You see a bill that came out of the House, you see nothing from these guys. It’s a charade. They’re acting like they’re in good faith..."
REP. KAREN BASS (D-CA), MSNBC:... “...will the Republican leadership act in a responsible manner and fund the government until the end of the year? …. we need to stop the silliness frankly.”
But the public isn’t buying into the finger-pointing, and a recent Pew poll shows people are divided on whether the Republicans - at 39 percent - or the Obama administration - at 36 percent -- will be at fault for a government shutdown.
If the shutdown does happen, it wouldn’t be the first time. The federal government shut down on four other occasions in history -- most recently a 21-day shutdown in December of 1995. But what would happen this time?
CNN: “If it happens this time around, it's U.S. troops we're talking about, including those fighting in Iraq, in Afghanistan, who could see their paychecks interrupted. Tax returns could be stalled if you haven’t filed yet. And for federal workers, during the two government shutdowns in the 1990s, hundreds of thousands of them were sent home. That's what this all means.”
In 2008, the non-partisan Congressional Research Service outlined the effects government shutdowns have on the economy. But in an interview on MSNBC, correspondent Dan Stone says a shutdown is not as bad as it sounds.
DAN STONE: “...A good way to put it is about half of the government shuts down. One of the key differences here, is that OMB is going to make the determinations about what is essential and what's not... The social security checks will still be going out, but the people who answer the calls from people who have questions about their social security checks will probably not be considered essential, at least for the week or two of a shutdown that's looming here. ... What isn't going to operate right now it looks like anything related to tourism is going to be taking a hit here. We're talking about museums, parks, national monuments, Visa and passport applications."
And Fox News contributor Andrea Tantaros agrees - shutdown affects with be minimal -- and says, “Bring on the shutdown."
ANDREA TANTAROS: “I don't think a lot happens. I mean, we talked about this. Unless you want to go to a national park, not a lot is gonna happen. People will continue to get their checks. The post office is self funded so you will still go to the post office. Nothing major. It might take a short hit on consumer confidence. You look back, what happened during the Clinton shutdown. Not a lot.”
But a writer for PBS says people are forgetting - there are slight differences between 1995 and now -- namely several federal organizations that weren’t around before -- like the Department of Homeland Security and the Transportation Security Administration.
A House rule requires legislation be made public 3-days before a vote. That means Congress has until Wednesday afternoon to find a budget solution before the current resolution expires midnight Friday.
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BY ALYSSA CARTEE
ANCHOR ALEX ROZIER
You're watching mulitsource politics news analysis from Newsy
This Sunday... a top White House advisor says the president is ready to roll out a long-term budget. The GOP’s man-with-the-plan defends millionaire tax breaks... and analysts suggest the key to a 2012 victory is...what else? The budget.
After a buzzer-beating budget compromise for 2011, the Sunday talk shows moved on to 2012. This week President Obama will unveil his long-term budget proposal. White House Senior Adviser David Plouffe tells CNN’s State of the Union the President is open to cuts, as long as they’re focused.
White House Senior Adviser David Plouffe: “So the President clearly believes that we can still grow economically with smart deficit reduction but it’s gotta be smart. If we’re just going to cut student loans, cut head start, cut medical research - we’re not gonna be the country in terms of the economy that we need to be.”
On Fox News Sunday, House Majority Leader Eric Cantor isn’t buying it.
House Majority Leader Eric Cantor (R-VA): “I sit here and I listen to David Plouffe talk about, you know, their commitment to cut spending and knowing full well for the last two months, we've had to bring this president kicking and screaming to the table to cut spending … in my opinion, it's hard to believe what this White House and the President is saying”
Part of Plouffe’s beef with the GOP’s strategy- continued tax cuts for the wealthiest Americans. But the man behind the plan, House Budget Committee Chairman Paul Ryan says- it’s necessary.
“Look we have to recognize the fact that we are in a global competition. We’re competing against China and India. And when we tax our job creators more than they tax theirs, we lose - they win. We don’t want that to happen.”
Democratic political strategist Donna Brazile argues Ryan’s budget isn’t serious.
“The budget itself is a fantasy. It paints a rosy picture that no one will live to see based on the fact that he proposed 5.8 trillion in cuts but also comes out with 4.2 trillion in budget cuts, tax cuts, to make the Bush tax cuts permanent.”
But MSNBC’s Chuck Todd says Dems should be happy about the GOP’s “extreme” budget.
“Look, the Democrats, the White House is licking their chops about it. They are basically saying ‘This is great!’ They can’t believe Pawlenty and Romney and all they guys running for President have signed onto it. They say ‘whoever wanted them as a nominee, they own it.’ And they say ‘Good luck carrying the State of Florida with that.’”
Finally , as bigger battles over the budget brew- CBS Reporter Nancy Cordes says- it’s time to watch the Tea Party flex its muscles.
“And they also showed they were willing to go right up to the brink on a government shut-down to get their way and that’s something they may repeat when it comes to funding the government with the debt ceiling.”
The next move for Congress is to decide whether or not to raise the debt ceiling, or face defaulting on the nation’s Treasury debt. According to CBS, Obama asked for a clean bill and Speaker Boehner responded-- not a chance.
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BY MALLORY PERRYMAN
ANCHOR MEGAN MURPHY
You're watching multisource politics news analysis from Newsy
This Sunday....Treasury Secretary Tim Geithner hammers home the dangers of playing chicken with the debt ceiling.
And the analysts weigh in...will red and blue compromise to get the budget back in black?
On NBC’s Meet the Press and ABC’s This Week, Treasury Secretary Geithner made it clear- using the debt ceiling as a political bargaining chip is like playing with fire.
Treasury Secretary Timothy Geithner: "We’d tip the U.S. economy and the world economy back into recession, depression. It would make the last crisis look like a tame, modest crisis... It would have a permanent devastating damage on our creditworthiness as a country."
Treasury Secretary Timothy Geithner: "If you allow people to start to doubt whether the United States of America will meet its obligations, that will be catastrophic. And you can't take that risk.”
Geithner stressed he thinks both sides realize the gravity of the situation- and they’ll make it work. On CNN’s State of the Union, Tea Party favorite Rand Paul says, a compromise means both sides need to give in a little bit.
Sen. Rand Paul (R-KY): "There is a compromise, but the compromise is not to raise taxes. The compromise is for conservatives to admit that the military budget is going to have to be cut... Liberals will have to compromise and will have to cut domestic welfare. The compromise is where we cut not whether to raise taxes."
After her interview with Paul, CNN’s Candy Crowley also talked to Democratic Senator Anthony Weiner. Here’s Crowley’s summary of where the two polar opposite senators can find middle ground.
Candy Crowley (Host, State of the Union): “Let the record show that they both agreed that bringing down the debt will have to include big cuts at the Defense Department, which is a going some for the Republicans who generally don’t like that idea. So there was a little commonality but after that, not so much.”
Analysts on the Sunday shows were split on whether compromise is actually in the cards. Former Michigan Governor Jennifer Granholm says, she’s hopeful.
Frm. Gov. Jennifer Granholm (D-MI): “This week the president gave the parameters on the Democratic side and Congressman Ryan gave the parameters on the Republican side. So now we know what the arena is. They agree that the deficit reduction should be about $4 trillion. They agree that everyone should put entitlements on the table.”
And at the This Week roundtable, economist Alice Rivlan echoes that hopeful tone.
Alice Rivlin (Brookings Institute): “I have a great deal of hope for the six senators, the so-called ‘Gang of Six’ in the Senate. Three Republicans. Three Democrats. Some very serious folks... They understand and their colleagues and I think a lot of others in the Senate, that we have to come together and reach a compromise.”
But ABC’s George Will isn’t convinced. He says- President Obama hasn’t given any real details about his budget plan.
George Will (ABC News): “In effect he has not yet presented other than a critique of Paul Ryan’s budget. Now the both parties are clearly making a wager. The Republicans are wagering that the American people mean what they say and that it’s different this time. The president’s party is wagering that they don’t. That they’re still rhetorically conservative but operationally liberal.”
Finally- as part of our running tally of who’s in, and who’s out of the 2012 presidential race- business mogul Donald Trump tells CNN’s Candy Crowley, he wishes he didn’t have to run for President- but it’s his patriotic duty.
Donald Trump: "I wish I didn't have to do it. I would prefer not doing it. But I love this country. And if you ask me, what are the odds, I'll let you know some time prior to June. But I will tell you, I am giving it serious, serious thought.”
But while most of the analysts on the Sunday shows agree Trump probably won’t head up the Republican ticket, Random House’s Jon Meacham sums up what’s driving the Apprentice boss’ candidacy.
Jon Meacham (Random House, Executive Editor): “Trump is an emblem of the triumph of the celebrity political culture...Trump is an interesting figure. Like all populist outbreaks, it tells you something about the frustration with both parties.”
According to a new survey of Republican primary voters, Mr. Trump is tied with Mike Huckabee as the second most popular potential candidates- both trailing behind front runner Mitt Romney.
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President Obama’s budget speech described his plans for $4 trillion dollars in debt reduction over the next 12 years, adding $2 trillion dollars to the most recently available version of his budget. He also attacked Representative Paul Ryan’s budget proposal, saying that the Republicans, who plan to reduce the deficit through spending cuts without raising taxes in the US, are misguided in their belief that raising health care costs will balance the funding losses made by the cuts.
BY CHRISTINA HARTMAN
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It’s a field better defined by who’s NOT in.
When Indiana Governor Mitch Daniels announced he would not run in 2012 -- many in the chattering class declared the GOP - desperate.
CBS: “Republicans are just not enthusiastic about the crop of candidates so far.”
ABC: “I think it's indicative of a Republican field not quite knowing where to go with this.”
Only one week earlier, some in the press had declared Daniels the GOP’s “savior.”
And now -- they’re left lost. Scrambling. So says Politico’s Jonathan Martin -- who predicts...
“...low-hum grumbling among Republican insiders that they’re gearing up to face President Obama with the weakest primary field in recent memory.”
A quick recap of who’s who in the GOP’s bid to boot President Obama:
IN the running - Mitt Romney, Newt Gingrich, Ron Paul, Herman Cain, and Tim Pawlenty -- who officially announced Monday morning.
And OUT: Mike Pence, Haley Barbour, Mike Huckabee and real estate mogul Donald Trump. And now Daniels.
CBS’ John Dickerson says Republicans aren’t happy with their options so far -- pointing to a recent Associated Press poll.
“45% of republicans said they didn't like the men who were running. Well, Mitch Daniels was, a lot of Republicans thought he could improve that. He was the last hope out there of candidates who might get in the race. Now that he hasn't, it means that whoever the nominee is in the party is going to have to make a case for how they are going to get Republicans excited.”
Daniels says he opted out of running at the request of his wife and four daughters. On ABC - Senior Washington editor Rick Klein says - the problem with the GOP is no one wants in -- but he also predicts -- the field isn’t set yet.
“Look to the Fall for another star power. There's just too much angst out there in the Republican field for there not to be an increased interest and another run at one of these folks possibly running for president in 2012.”
A columnist for conservative blog Hot Air says -- don’t believe the hype -- or -- lack thereof. Daniels was never officially in the running, so...
“...which segment of the base is left looking for a home, if any? ... Call me crazy, but I really don’t think an exit by Daniels shakes up the early stages of the race all that much.”
That may be so -- but it isn’t stopping plenty of pundits from speculating who will “take his place.” On Fox News, The Wall Street Journal’s Paul Gigot plays along.
CHRIS WALLACE: “...does it open up the race for a late entry like Chris Christie or Paul Ryan or someone...”
PAUL GIGOT: “I think this is going to open it up for Chris Christie and Paul Ryan, and Paul Ryan will think hard about this and he said he wanted to pass his budget to term the debate for the 2012 election and if nobody takes up the mantle, he's going to think, well, makes I should and the third person I would say you have to think about now is Jeb Bush...”
Both Chris Christie and Paul Ryan have denied they’re running. Other Republicans said to be considering -- Minnesota Congresswoman and Tea Party favorite Michele Bachmann, former Ambassador to China John Huntsman and Texas Governor Rick Perry.
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BY ADAM FALK
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A debate over tax increases and spending cuts is heating up. Sound familiar? As President Obama prepares to unveil a new deficit reduction plan on Monday, politicians are -- again -- sparring over the best way to reduce the deficit and create jobs.
The New York Times reported Saturday, Obama’s plan will include a new minimum tax rate for millionaires, AKA the “Buffett Tax.” Less than 24 hours later, politicians hit the TV circuit to weigh in on the expected plan. Here’s Republican Sen. Lindsey Graham. (euronews)
“Tax policy is job policy. The tax code should be reformed for one purpose -- to generate more revenue to help run the government and create jobs jobs. When you pick one area of the economy, and say we'll tax those people because most people are not those people, that's class warfare.” (CNN)
Talking point? House Budget Committee Chairman Paul Ryan echoed the line on Fox News Sunday.
"Class warfare might make for good politics, but it makes for rotten economics.”
No word yet on how much the Buffet Rule will raise taxes. But a writer for Slate says the plan won’t get across-the-board opposition.
“But for some it will likely be a welcome bit of populism in a debt debate that has seen Republican leaders refusing to move on reducing debt by raising tax revenues. Last week, House Speaker John Boehner said that tax increases were not ‘a viable option’ for the six-person joint Congressional committee working on a plan for reducing the nation’s debt.”
The Washington Post agrees but notes the idea has little chance of getting the OK from Congress. Still, it could help shape populist message for Obama’s 2012 run and help the Pres get back some support from his own base.
“Congressional Democrats were also pleased with the proposed millionaire’s tax, calling it a welcome sign that Obama is ready to play hardball with Republicans who have taken the politically unpopular position of defending tax breaks for the wealthy.”
The Buffett Rule might be grabbing headlines, but sources are pointing out this is just one piece of Mr. Obama’s deficit-reduction plan, which as Fox News says must include poison pills for both parties to move forward.
“Any broad compromise that clears the bipartisan committee is almost certain to require Democratic agreement to savings from programs such as the Social Security pension program, along with Republican acquiescence to additional revenues, although any such trade-offs are rarely discussed openly until the last possible moment in negotiations.”
Ultimately, recommended changes will come from the congressional supercommittee set up after this summer’s debt ceiling debate. Will it be debt ceiling round two? Guess we’ll see. Their deadline -- 9 weeks and counting.
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Learn more about Romney and Ryan: *******OFA.BO/hunUfC
Paul Ryan is the mastermind behind the extreme GOP budget plan. It's a plan Mitt Romney endorses.
But what does that budget mean for America? The GOP budget plan hurts seniors, it hurts middle-class families, and it hurts students. All to pay for tax cuts for those at the top..
Mitt Romney and Paul Ryan: back to the failed top-down policies that crashed our economy.
Learn more: *******OFA.BO/hunUfC
FORA.tv Politics Republican Vice Presidential nominee Paul Ryan counters claims that his Medicare proposal will severely damage the service. He argues that rather than come up with a counter-argument, the Democrats are simply relying on scare tactics to win the debate.