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And Democrats and Republicans on Capitol Hill are still far apart.
But now there's word a meeting between the president and the top four congressional leaders is set for this Friday the very same day.
85 billion dollars in automatic spending cuts to federal programs will officially -- in chief congressional correspondent I mean you plan on Capitol Hill that great -- don't we saw.
I just moments ago so Mike is there a clear path lowered a weight where compromise might happen before the deadline.
-- short answer no all indications are the 85 billion dollars in spending reductions will happen.
If you listen to the -- today it is getting hard Democrats firing -- Republicans Republicans firing back at Democrats.
After house speaker John Boehner told the senate to quote.
Get off their ass today -- the senate majority leader fired back.
Suffice to say he thinks is -- moving quickly enough to avert the so called sequestered.
Across the board cuts -- cost 750000.
Their jobs unless congress acts -- quick.
Really weak -- Mr.
And -- sounded frustrated that Republicans will not work with him on what he calls a balanced plan.
Translation of courses that means new tax revenue which for many Republicans would be a no -- -- So they got a word we got weak stocks on Wednesday.
We'll see -- we get tomorrow Michael stand by for that what about Republicans you know what when they saying they would like to do in this scenario.
Well -- some differing opinions on that senate Republican leader Mitch McConnell says essentially the idea of replacing.
Spending reductions that have been signed into law would tax increases.
Is quote unacceptable.
McConnell did sound open of the possibility of perhaps.
Adjusting the spending reductions in doing them in a more surgical way.
Not a proposal that would give agency heads more discretion and prior causing.
Understand those concerned.
But let's be clear about the goal here.
The goal isn't to hand over congressional authority.
Just to make sure these cuts actually -- And that we don't cut a penny left and we promised the American people were caught -- and -- half ago.
Of course you -- the top four congressional leaders will be going to the white house on Friday Republicans here on Capitol Hill say.
That shows the White House isn't even pretending.
That they will stop these cuts from taking effect them.
My -- -- with all the colorful language from Capitol Hill and more Mike thank you make it.
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