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The madness continuing in Washington

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    Talking Points 3/1

  • Duration 2:31
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This transcript is automatically generated

I'm Bill O'Reilly reporting tonight from Los Angeles thanks for watching the madness continuing in Washington that is a subject of this evening's talking points memo.

After hearing for weeks that the automatic spending cuts which became reality today.

Would cause massive suffering in America the president has now changed -- used.

This is not going to be.

Decades.

Apocalypse I think -- some people lose.

It's just bill.

And is gonna hurt.

Gonna -- individual people who's gonna hurt that Congo overall.

Well that may or may not be true but the apocalypse line is very interest.

Because there's no question that the president's acolytes were pounding.

The disaster -- We don't need.

To be.

Having something like sequestration.

That's going to that caused these job losses over 100.

And and seventy million jobs they could be lost did you happen.

Without the correct number of job loss Milan -- that gets into the -- 150 at least.

-- -- -- It's not even close to be in true waters in -- -- were misleading everybody they don't know what you're talking about.

In fact a short time later waters spokespersons.

Said that the number is a hundred and about 70000 jobs lost down from.

A 170 -- he would.

-- as well nobody knows how the spending cuts are gonna play.

Or don't know is that -- Obama's party tried to scare the American people into pressuring the Republicans.

To allow mr.

Obama to continue the insane federal spending that's exactly what happened.

And now mr.

Obama's trying to walk that back because.

Republicans are simply not -- cooperate with him until -- begins discussing serious spending cuts it's very simple.

President wants spending that will vastly expand.

The already cast -- -- -- debt.

Public and say enough.

We don't start imposing fiscal discipline the country's gonna open it.

Everybody sees the issue very clear you wouldn't run your business the way the president's trying to country you would write your -- like he did he'd be in serious trouble.

And the country is in serious trouble.

But the president does not seem to recognize.

Meantime the budget chaos continues in Washington with a government shutdown looming.

By the end of march talk about March Madness.

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