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Unidentified Speaker
HAVE PREPARED THEIR OWN BILL FOR DEALING WITH THE REST OF THE FISCAL YEAR. TAX INCREASES, REPUBLICANS HAVE SAID THEY WILL NOT GO FOR ANY TAX INCREASES....
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| 00:00:54 |
Unidentified Speaker
ASK THE REPUBLICANS TO TAKE A BALANCED APPROACH AND I THINK THERE IS GROWING PRESSURE AMONG OTHER REPUBLICANS TO REPLACE THE SEQUESTER THROUGH A COMBINATION...
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| 00:02:20 |
Unidentified Speaker
IS NOT A CHANGE IN ATTITUDE AND CALCULATIONS? THIS DEADLINE IS DIFFERENT THAN PREVIOUS ONES. WE WERE FACING THE PROSPECT OF A DEFAULT. IT WAS A STONE...
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| 00:02:53 |
Unidentified Speaker
THE PRESIDENT HAS BEEN VERY CLEAR. HE DOES NOT WANT THIS TO HAPPEN. IT WOULD BE BOUGHT FOR THE ECONOMY AND VERY DISRUPTIVE TO IMPORTANT SERVICES RIGHT...
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| 00:03:13 |
Unidentified Speaker
LESS DAMAGING DEADLINE. IT GIVES US MORE ROOM TO PRESSURE. >>
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| 00:03:18 |
Unidentified Speaker
UNCONCERNED. I'M CONCERNED THAT THE REPUBLICANS WILL NOT REALLY COME TO THE TABLE UNTIL WE ACTUALLY TRIPPED OVER THE MARCH 1ST DATE AND THE SEQUESTER...
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| 00:04:27 |
Unidentified Speaker
IS THE GAME PLAN, SAY WE DO GO OVER THE MARCH 1 DEADLINE, INVESTMENTS." JUST AS WE WENT OVER THE FISCAL CLIFF DEADLINE? WHAT IS THE GAME PLAN TO DEAL...
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| 00:04:50 |
Unidentified Speaker
ALREADY BECOMING AN ECONOMIC DRAG LOOKING AT THE LAST QUARTER OF LAST YEAR. YOU SAW A DOWNTURN IN ECONOMIC ACTIVITY IN A FACTOR BEHIND THAT HAS BEEN,...
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| 00:05:55 |
Unidentified Speaker
MARYLAND, REPRESENT A LOT OF PEOPLE THAT WOULD BE DIRECTLY AFFECTED IF THE SEQUESTER HITS. DO YOU THINK THE ADMINISTRATION IS DOING A GOOD JOB OF PREPARING...
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| 00:06:23 |
Unidentified Speaker
TO PROVIDE GUIDANCE TO FEDERAL EMPLOYEES BECAUSE AS WE GET CLOSER TO THE DATE THERE IS MORE AND MORE ANXIETY, UNDERSTANDABLY. THEY ARE TRYING TO PROVIDE...
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| 00:07:47 |
Unidentified Speaker
I JUST CAME FROM A BRIEFING AT THE WHITE HOUSE WHERE IT WAS THE FIRST TIME THEY TALKED ABOUT HOW THIS WILL BE IMPLEMENTED. THEY HAVE BEEN RELUCTANT TO...
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| 00:08:17 |
Unidentified Speaker
THE WHITE HOUSE HAVE BEEN FOCUSED ON TRYING TO LOOK FOR WAYS TO AVOID THE SEQUESTER. THE PRESIDENT PUT FORWARD HIS LARGE YEAR 10-YEAR BUDGET PLAN...
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| 00:09:15 |
Unidentified Speaker
KNOW THE SENATE, KRETZ ARE TRYING TO FIGURE OUT A BILL LEGISLATION TO UNRAVEL THE SEQUESTER, A SHORT TERM ONE OR A LONG TERM ONE, BUT WOULD HE BE...
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| 00:09:43 |
Unidentified Speaker
SUCCESSFUL THING WOULD BE TO SOLVE THIS LONGER-TERM, RIGHT? THE SEQUESTER REPRESENTS $1.2 TRILLION OVER 10 YEARS. THE BEST CASE WOULD BE TO REPLACE...
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| 00:11:01 |
Unidentified Speaker
AN IMMEDIATE CONCERN FOR YOU? >> WELL, THE DEBT IS PRIMARILY
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| 00:11:06 |
Unidentified Speaker
A LONGER-TERM CONCERN. AS YOU KNOW, WHEN THE ECONOMY WAS FALLING THROUGH THE FLOOR, IT WAS IMPORTANT FOR THE GOVERNMENT TO PASS THE RECOVERY BILL,...
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| 00:12:10 |
Unidentified Speaker
LEFT. >> YOUR COLLEAGUES ON
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| 00:12:13 |
Unidentified Speaker
THE REPUBLICAN SIDE OF THE AISLE HAVE SAID THAT THE ONLY KIND OF CUTS THAT THEY WOULD BE WILLING TO TRADE THE SEQUESTER FOR OUR ENTITLEMENT CUTS,...
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| 00:13:15 |
Unidentified Speaker
COST BUDGET THAT HE SUBMITTED LAST YEAR, ACTUALLY ACHIEVES MORE HEALTHCARE SAVINGS, OR MEDICARE SAVINGS, THEN THE RYAN REPUBLICAN BUDGET, BUT THE ...
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| 00:14:58 |
Unidentified Speaker
SECURITY? >> ON SOCIAL SECURITY WE
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| 00:15:00 |
Unidentified Speaker
THINK YOU NEED TO LOOK AT REFORMS AND THE REVENUE SIDE. IF WE COULD DO TOGETHER ON A BIPARTISAN BASIS, AND SOME PEOPLE HAVE CALLED FOR ANOTHER COMMISSION,...
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| 00:16:12 |
Unidentified Speaker
HOUSE DEMOCRATIC RETREAT TO YOU JUST CAME FROM. WE ARE FACING A LOT OF THESE GOODS COMING UP, THE SEQUESTER, MANY CLIFFS COMING UP, THE SEQUESTER,...
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| 00:18:07 |
Unidentified Speaker
WITH THE SEQUESTER WITH HOUSE DEMOCRATS DID NOT GO FAR. STIMULUS MEASURES ON JOB TRAINING ARE NOT GETTING THROUGH CONGRESS. IT SEEMS UNTIL THESE PHYSICAL...
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| 00:18:28 |
Unidentified Speaker
IS THE CONCERN. WE LOOK AT THAT ISSUE. THE PRESIDENT, OF COURSE, WILL DELIVER HIS STATE OF THE UNION ADDRESS THIS COMING WEEK HIM AND HE WILL ADDRESS...
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| 00:20:07 |
Unidentified Speaker
LEFT. >> IT IS REALLY HARD, TO
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| 00:20:09 |
Unidentified Speaker
BE HONEST WITH YOU, TO SEE HOW WE GET THROUGH THE DEBT CEILING FIGHT IN THE SUMMER. YOUR REPUBLICAN FRIENDS ARE WORKING ON A BUDGET THAT BALANCES IN...
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| 00:20:53 |
Unidentified Speaker
FACT THAT IT HAS NOT ENABLED US TO GET BEYOND THE CRISIS, WE ALSO NEED TO TACKLE BIG ISSUES LIKE IMMIGRATION REFORM. WE WANT TO TAKE ON THE ISSUE OF ...
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| 00:22:34 |
Unidentified Speaker
OF THE EARLY 1980'S WITH PRESIDENT RONALD REAGAN AND TIP O'NEILL. A GROUP OF LEGISLATORS WENT OFFSITE IN A ROOM TOGETHER AND SOLVED THE SOCIAL SECURITY...
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| 00:22:49 |
Unidentified Speaker
BE. IF THERE WAS A WILLINGNESS -- >> IS THE PRESIDENT INCLINED
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| 00:22:52 |
Unidentified Speaker
TO ASK FOR IT, BECAUSE THAT IS WHERE IT CAME FROM, THE WHITE HOUSE? >> I DO NOT WANT TO SPEAK
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| 00:23:01 |
Unidentified Speaker
FOR THE PRESIDENT, BUT I THINK THE PRESIDENT WOULD WELCOME THE IDEA OF A BIPARTISAN GROUP GETTING TOGETHER TO TACKLE THESE ISSUES. I THINK IT IS...
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| 00:24:15 |
Unidentified Speaker
YOU FOR BEING WITH US THIS WEEK. WE APPRECIATE YOUR TIME. >> THANK
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| 00:24:18 |
Unidentified Speaker
YOU. >> THANK YOU,
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| 00:24:20 |
Unidentified Speaker
CHRIS. >> "NEWSMAKERS" IS BACK
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| 00:24:30 |
Unidentified Speaker
WITH NANCY COOK AND LORI MONTGOMERY AFTER 20 MINUTES WITH CHRIS VAN HOLLEN. THE CONVERSATION WAS ABOUT THE SEQUESTER AND THE MARCH 1 DEADLINE. WHO HAS...
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| 00:24:49 |
Unidentified Speaker
ANYBODY DOES BECAUSE I AM NOT SURE ANYBODY THINKS THERE IS GOING TO BE A DEAL. IT WAS INTERESTING THAT CHRIS VAN HOLLEN, WHO REPRESENTS SUBURBAN MARYLAND,...
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| 00:25:43 |
Unidentified Speaker
THE DISCUSSION ABOUT THE BIG ISSUES -- NANCY, YOU TALKED ABOUT THE SHORT-TERM DEADLINES OF THE FOCUS ON LONGER-TERM FISCAL ECONOMIC CRISIS WITH ECONOMIC...
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| 00:26:05 |
Unidentified Speaker
TRICKY. CONGRESS IS SO PARTISAN AND DIVIDED, PERHAPS MORE SO THAN IT HAS BEEN AND THE PARTIES HAVE DIFFERENT VISIONS. WE SEE THAT AGAIN AND AGAIN. REPRESENTATIVE...
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| 00:26:44 |
Unidentified Speaker
TO CRISIS, THEN. >> WELL, WHAT
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| 00:26:50 |
Unidentified Speaker
IS INTERESTING IS THAT REPUBLICANS HAVE A STRATEGY. THEY HAVE NOT HAD A STRATEGY BEFORE, AND NOW THE STRATEGY IS TO GET TO THEIR BUDGET AND FORCE THE...
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| 00:27:55 |
Unidentified Speaker
EVEN THE DEMOCRATS REMAIN DIVIDED. THE PRESIDENT IS STILL OK WITH CERTAIN THINGS THE REST OF THE DEMOCRATS ARE NOT, LIKE CPI AND CUTS TO MEDICARE. HOUSE...
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| 00:28:50 |
Unidentified Speaker
CLOSE, WHY NOT THE MODEL OF THE REAGAN/TIP O'NEILL COMPROMISE? IT IS DIFFERENT THAN THE PRESIDENT'S NEGOTIATIONS, BUT GETTING A WIDER GROUP AROUND THE...
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| 00:29:07 |
Unidentified Speaker
NEEDLE -- LEADERS. MITCH MCCONNELL IS NOT INTERESTED IN DOING MORE DEALS. HE HAS BEEN SAVING THEM A LOT, AND HE IS WORRIED ABOUT IT. BOEHNER HAS DEMONSTRATED...
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| 00:29:35 |
Unidentified Speaker
FOR TIME. THANK YOU FOR BEING HERE ON "NEWSMAKERS." >> A
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| 00:29:41 |
Unidentified Speaker
WIDE. >> THANK YOU FOR HAVING
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| 00:29:45 |
Unidentified Speaker
ME. >> WATCH REPRESENTATIVE
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| 00:29:46 |
Unidentified Speaker
CHRIS VAN HOLLEN, THE TOP DEMOCRAT ON THE BUDGET COMMITTEE AGAIN ON "NEWSMAKERS" HERE ON C-SPAN AT
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.