641 Billion News Today

We continue with dana lash and leslie marshal. you know, cbo came out with numbers last night and said basically were on a path to bankruptcy, 641 billion there$i taxes over a ten-year period of time, and forbes magazine came out and said theyre going to spend $7,450 a year more than theyre spending now. does any of this have any impact on you, or are you just a rigid idealogue -- >> you know that i own a medical center, you know my husband is a physician. let me tell you why we need this. >> i ...

>> neil: im ticked about the rates as a total percentage. >> top 1% -- >> neil: they also to to the top 5, 10, 20%. >> look at the bush tax cuts. the top 1% from over a period of ten years got $641 billion whereas the bottom 80% hat 636 billion. so the health is accelerating up weared. thats a problem. im not -- >> neil: wouldnt you say that seeking more revenues, whether youre back to jimmy carter levels or not, percentages or levels, whatever you want to wreck it down, is a bit much? >> what a...

To cut the deficit in half when he came to office. he will see it exceed $1 trillion according to the cbo for the fourth straight year. as you take a look at the next graph, this is essentially what elemdorf is talking about. if the current law stays in place, the a terptive fiscal scenario, there you see everything stays the same. they pass everything to stay the same as it is right now. the deficit is roughly $1.1 -- that should be $1.1 trillion, not bill should be $1.1 trillio. the growth, gd...