291 Billion News Today

D some of the metrics i see coming from the white house, they making things up. bill: what came of all that money the total the president signed off on which immediately rated $480 billion, $. $291 billion and tax breaks. $260 billion on contracts and grants and loans, and $261 billion on entitlements, leaving $24 billion left to get the economy up and going. what do you think of the stimulus later. @billhemmer. martha has some time off with the family. or at? >> jamie colby tv. shocking develop...

Who lend you the money. in this case china and then japan and other for inpowers. not good. martha: interesting. i remember back during the election candidate mitt romney used to talk a lot about, you know, if im president, whatever expenditures we add to the budget we have to ask ourselves, is it worth owing that much more to china? just as an exercise and reality to figure it out. so it is interesting to look back. >> $1,000 owed to every chinese citizen is a great deal of money. martha: thats...

The american people did the budget, they cut spending by more than $145 billion and they increased revenues by more than $291 billion. so the total deficit reduction was a whopping $437 billion. nicely done. now, if all that was not clear enough for you, im going to give you one more poll. the whole country is like oh, no, you dont understand. no, its not. look at the nbc/wall street journal poll. the top scorers, number one, they said ending tax breaks, 81%. . eliminate earmarks, cut defense fu...

Weve seen it brchefore. i think the american people recognize that. >> thank you very much for joining us. lets turn to alan fine and strategist steve schmidt. both are financial analysts. lets talk about this budget so the audience knows what were describing. last week it was criticized in the house. it proposes deep cuts for the wealthy and making changes to programs that mainly serve middle class americans. ryans budget cuts include $2.4 trillion from medicaid and other health programs, $463 ...