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Unidentified Speaker
BEFORE MARCH 1st A FEW OF SHE SPENDING CUTS CALLS SEQUESTRATION WILL HAPPEN. MEMBERS OF THE CAUCUS HELD A NEWS CONFERENCE TO AID VOID SPENDING CUTS...
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| 00:00:27 |
Unidentified Speaker
OF THE PRESS, I'M CO-CHAIR ALONG WITH -- OF THE PROGRESSIVE CAUCUS, AND THE MEMBERS OF THE CAUCUS, SOME MEMBERS IN OUR GROUP AND THOSE ASSEMBLED HERE...
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| 00:02:00 |
Unidentified Speaker
KEITH. VERY BRIEFLY, WE'RE HEADING TOWARD A PERFECT STORM WITH THE SEQUESTRATION, THE BUDGET RESOLUTION, AND THE POSTPONED DEBT CEILING DECISION. WHICH...
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| 00:03:49 |
Unidentified Speaker
YOU. I'M SO HAPPY TO BE HERE WITH THE PROGRESSIVE CAUCUS, TALKING BAT SENSIBLE ALTERNATIVE. HERE ARE THE FACTS. FULL IMPLEMENTATION OF THE SEQUESTRATION...
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| 00:08:39 |
Unidentified Speaker
LET ME THANK OR COCHAIRS, REALLY OUTSTANDING AND CONSISTENT LEAD PUSHING FOR A COMMON-SENSE APPROACH TO SOLVING OUR NATION'S DEFICIT WOES AND MORE...
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| 00:11:31 |
Unidentified Speaker
AND -- OH, I'M SORRY. JERRY NADLER. >>
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| 00:11:34 |
Unidentified Speaker
THANK YOU. LET ME START BY THANKING OUR TO COCHAIRS. THE BALANCING ACT IS DESIGNED TO PREVENT A CATASTROPHIC RESULTS OF SEQUESTRATION WAS TO HELP THE...
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| 00:16:01 |
Unidentified Speaker
THANK YOU. IT IS GOOD TO OF BE HERE WITH MY COLLEAGUES TO TALK ABOUT A DECENT WAY TO DEAL WITH THE PROBLEMS OF THIS COUNTRY. THE REPUBLICANS POLLED...
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| 00:20:15 |
Unidentified Speaker
NEVER INTENDED TO BE GOOD FISCAL POLICY, AND IT WAS NEVER INTENDED TO BE POLICY. IF THESE CUTS TAKE EFFECT THE AMERICAN PEOPLE WOULD TRULY BE HARMED...
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| 00:21:53 |
Unidentified Speaker
FOR QUESTIONS IF ANYONE HAS ANY. WE HAVE SOME PRETTY SHARP PEOPLE RIGHT NOW. [INAUDIBLE CONVERSATIONS] >>
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| 00:22:06 |
Unidentified Speaker
OKAY. THANK YOU. SPECIFICALLY WHAT YOU WOULD SEE ON THE REVENUES. I CAME IN LATE, BUT GIVE US THE CONCRETE TO ME YOU KNOW, AREAS ON TAXES, FEES, AREAS...
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| 00:22:27 |
Unidentified Speaker
THAT WE GENERATE FAR FROM CLOSING LOOPHOLES AND AN EXAMPLE OF SOME OF THEM INCLUDE THINGS LIKE FOSSIL FUEL INDUSTRY LOOPHOLES. AT A TIME WHEN CHEVRON...
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| 00:22:53 |
Unidentified Speaker
YES. THE 94 BILLION. WE CARRIED INTEREST. WE CLOSED THE LOOPHOLE. YACHTS AND THOSE SORTS OF THINGS, WE CLOSED THOSE LOOPHOLES. THAT IS A SMALLER AMOUNT,...
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| 00:23:18 |
Unidentified Speaker
CERTAIN DEDUCTIONS AND EXCLUSIONS RIPPED FOR UNDER 92 BILLION. 17 BILLION. THAT IS A SMALL ONE. CLOSE INTERNATIONAL TAX SYSTEM LOOPHOLES, 161 BILLION....
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| 00:24:16 |
Unidentified Speaker
A SOLUTION AND THE DEMOCRATS WOULD QUIT TALKING ABOUT YAWPS AND, YOU KNOW, OIL COMPANIES AND THINGS LIKE THAT. HOW DO YOU RESPOND? >> HE IS SAYING...
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| 00:24:26 |
Unidentified Speaker
DON'T ASK THE WEALTHIEST AMERICANS TO HELP THEN WE COULD GET TO A SOLUTION. THAT IS RIDICULOUS. OKAY. SO SENATOR MCCONNELL AS SAYING THAT IF WE DON'T...
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| 00:25:00 |
Unidentified Speaker
WHICH THE MEMBERS OF THE REPUBLICANS THROUGHOUT THE CAMPAIGN LAST YEAR KEPT SAYING, LET'S CLOSE TAX LOOPHOLES AND LOWER RATES SO IT WILL BE REVENUE...
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| 00:26:35 |
Unidentified Speaker
A BULLY BECAUSE HE IS MARVELING TO TALK ABOUT ASKING PEOPLE OVER 65 YEARS OLD TARGETING THEIR SOCIAL -- ACTUALLY AND A 67 YOU'RE GETTING SOCIAL SECURITY,...
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| 00:27:51 |
Unidentified Speaker
PERSON UP HERE WHO IS YOUR LAST TIME WE HAD TAX REFORM AND '86 WHEN RONALD REAGAN CAME IN AND START TALKING ABOUT IT, IT TOOK SIX YEARS OF TALKING BETWEEN...
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| 00:29:02 |
Unidentified Speaker
HERE. [INAUDIBLE QUESTION] >> OUR
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| 00:29:10 |
Unidentified Speaker
POSITION IS, WE NEED TO GET RID OF THE SEQUESTERED. IT IS BAD FOR AMERICA. WE UNDERSTAND, THE PRESIDENT IS TRYING TO DO THE BEST TO CAN WITH A DIFFERENT...
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| 00:29:47 |
Unidentified Speaker
ABOUT THAT. ANYONE WHO GOES BACK TO THEIR STATE AND TALKS TO THE STATE UNIVERSITIES OR THE STATE GOVERNMENT AND TALKS ABOUT THE SEQUESTER REALIZES...
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.