Velázquez: Super Committee Proposal Is Big, Bold, and Balanced

Rep. Nydia Velázquez (D-N.Y.) says that the proposal put forth by the Joint Committee on Deficit Reduction will result in $2.1 trillion in spending cuts.  Velázquez, Pelosi and the other speakers all emphasized that the proposal would be “big, bold and balanced.” (0:23)

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Sen. Levin: Repatriation Tax Cuts Stifle Job Creation

Sen. Carl Levin (D-MI) told reporters Tuesday that repatriation tax breaks for offshore American companies ultimately hurts job creation by punishing businesses that decide to stay within the U.S. (0:53)

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