Page 31 - 4 News Today

That is the same as greece, as the countries around the world that we think are irresponsible. so we are entering into a terrible fiscal position. we have government spending that is 25% of our gdp. our government spending is $3.5 trillion. and our revenue is $2.4. so we are in a terrible deficit position that none of us could sustain. and our nation cant sustain it. and so deficit reduction has got to be fact-based. it cant be politicized. it was interesting that yesterday "the wall street jour...

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Flipping over to kloppenberg. no big deal there either, right? and what about democrat chris abole winning the executive seat in the county by a margin 61-39. thats the job scott walker left to become governor. i guess that really doesnt mean anything either, does it. according to brennan center, $3.5 million of special interest money was spent on the race, $1.4. went to kloppenberg, walkers allies outspent the democrats 2-1 and the result was still a 50-50 election. no matter what the republica...

No big deal there either, right? and what about democrat chris abole winning the executive seat in the county by a margin 61-39. thats the job scott walker left to become governor. i guess that really doesnt mean anything either, does it. according to brennan center, $3.5 million of special interest money was spent on the race, $1.4. went to kloppenberg, walkers allies outspent the democrats 2-1 and the result was still a 50-50 election. no matter what the republicans say, scott walker knows tha...

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In a motorcade from air force one to the white house instead of the usual helicopter ride. he was on his back back from wisconsin. even the president had to deal with the d.c. traffic in the snow which is not fun. ride that took about 20 minutes, it took an hour. >> not only causing headaches for you and trying to travel but it is doing a number on city budgets. this is expensive stuff. take a look in d.c. they have spent about $39% of hair $6.4 snow removal budget and in new york city they have...

To be more competitive. sounds like more spending. but ari, didnt george w. bush embrace this whole report on being more competitive, that came out of the national academies of science and engineering and put it forward and got it approved on capital hill? arent people in the republican party fundamentally for this? >> thats one of the reasons that paul ryan is right, both parties have contributed to a crisis in spending. >> but the competitiveness agenda. didnt george w. bush -- i thought he ca...

Embrace this whole report on being more competitive, that came out of the national academies of science and engineering and put it forward and got it approved on capital hill? arent people in the republican party fundamentally for this? >> thats one of the reasons that paul ryan is right, both parties have contributed to a crisis in spending. >> but the competitiveness agenda. didnt george w. bush -- i thought he came out in favor of it. >> the point is when you have a $1.4le from deficit, you c...

Alison kosik explains both sides of that story from the new york stock exchange. also, you are going to give us a check of the numbers as well. >> first, check in numbers, dow jones industrial average up about 10, and the other averages flat, a slow summer day. lets talk about the debt you are talking about. lets throw out a number, $2.4 thl. thats how much money americans borrowed in may. its less than they borrowed in april, down about 39 plds and that amount has falling for four straight mont...