Page 2 - 415 Billion News Today

Action where he actually can get something done even with the democratic senate and a democratic house that he couldnt get his policies through. i mean the fact of the matter is that all of this noise and you have pointed out a few things, nothing can -- nothing allows the president to escape the truth of where we are at in this economy and that is our trump card. the fact is the economy is not where it should be. he didnt fix it. and i would add on top of your list the fact that the president s...

Should we be thanking the president for medicare changes? >> i think we should hold the applause right now. paul ryan had the number that was from the cbo considered by partisan. that number was original lie 200 billion. you know this is one of these things if you remember nancy pelosi saying we will find out whats in it. we are finding out as we go along every time we get an update on it it becomes progressively more expensive. >> 716 billion lets take a look at some of the specifics. hospitals...

Steve is steve with clothes on. >> steve: indeed. thank you, brian. we just heard from the democrats on why they say they cut $716 billion from medicare. but are you still confused about the impact its going to have on medicare? peter johnson, jr. has been looking at it and hes got some graphics and peter, youre going to explain whats happening. >> you might be surprised. lets look at the cuts. these are the major cuts that were talking about under obamacare. 415 billion to hospitals. medicare a...

Or whether it would be on democrat terms with late night phone calls to seniors in the closing days of the campaign and really ugly mail pieces scaring the heck out of seniors about republicans taking away their medicare. republicans want to have the debate now and want to have it for one very important reason. they have something they can hang their hat on. president obama, as part of obamacare, took $716 billion out of medicare in order to fund obamacare. he took the basically, used, the medic...

Is. but apparently all of it was lost. in the northeast corridor, this is the best route, the profit was $41 per passenger. >> brian: it just caught a lot of people by surprise. we know china put $415 billion into their high sed rail system. but when that was a main focus of transportation of this country. a lot of people, including -- remember the new jersey line to new york, governor christy cut that. he said we cant afford it. >> steve: if this were to go through, it would need tax subsidies ...

Years after its passage. as of yesterday, $415 billion of that has been spent, that is to say more than half this money has yet to be spent, in fact more money will be spent between 2011 and 2019 than they spent last year when we tied to stimulate the economy. when you stimulate the economy youre supposed to give it a jolt and this put this spending into all kind of government programs and spending efforts. it wasnt designed to be stimulative. the second issue is its been so pitful in its result...

Stimulus bill. weve had six months of job growth but this months was the weakest since october and, you know, well below the levels of their promise, think, $862 billion stimulus bill. $415 billion have been spent as of yesterday and 600,000 jobs since the end of last year and that means we have spent $700,000 for each of the new jobs created. thats a dismal record, the economy is anemic, recovery was good the last quarter of 2009, but they just reduced the gdp forecast for the first quarter of ...

Picking up most of the seat. they could only come up with ten vulnerable house republicans. and the republicans in those district led by 16 points. both of these point towed a bad election year for the democrats. jon: president clinton was propelled in office on the strength of that war room sign is the economy stupid. the economy based on these jobs numbers today is not looking good right now. that cant be helpful for the president and his party. >> no, not only that, the president put all his ...

President and christina romer said, we have created 600,000 jobs in the private sector in the first six months of the year. something to be said for that. >> absolutely. but look, they credit their stimulus bill from having done so. if you look at recovery.org this morning, they spent $415 billion as of today of the $862 billion total. if you work the numbers, 600,000 jobs, paid for by the $415 billion. that is nearly -- $691,000, nearly $700,000 per job created. you and i both know the recovery...

And in greece. public workers fed up because the governments are cracking down as were ready to spend more. democrats set to put another 20 spending bills into the lame duck session. bills that could lead taxpayers with $415 billion tab. and now we break it down. belgium is one thing, and were another. what is going on? >>guest: a lot they pushed off to the lame duck and that will show the impact of the election. a medicare bill that is hundreds of billions if physician payments that physicians ...