Page 2 - 866 Billion News Today

Also today, nato says a total of seven afghan army and coalition personnel were killed in multiple incidents inside afghanistan. president obama is condemning attacks by kurdish rebels based in iraq on turkish troops along the border. at least 24 were killed and a dozen more wounded today. turkey responded by sending bombers gunships and commandos in iraq. back here at home, the lawmakers charged with coming up with a deficit reduction strategy, have a little more than a month left before theyre...

Deficit the president wants 1 1/2 tkwropb in new taxes over the next decade, letting the bush tax cuts for the wealthy expire. 866 billion. limiting deductions for families making more than $250,000 a year. 410 billion, closing loopholes in tax breaks, 300 billion. on top of that 1 1/2 trillion theres another 500 billion dollars, another half trillion in new taxes to pay for obama care. for a total of two trillion. again, lets go back to what the president said two years ago. >> the president: t...

in spending that weve already cut from the budget, our plan makes additional spending cuts that need to happen if were to solve this problem. we reform agriculture subsidies. subsidies that a lot of times pay large farms for crops that they dont grow. we make modest adjustments to federal retirement programs. we reduce by tens of billions of dollars the tax money that goes to fannie mae and freddie mac. we also ask the largest financial firms, companies saved by tax dollars during fina...

Innovation. i probably spent 50,000 on my chocolate budget in hawaii. >> and heres the research. i think we have to look at another list if we were to get rid of 2001 and 3 tax cuts. that 866,000-- 866 billion. wayne is right. >> john, why does the study of morchingy throwing feces come back to the high wage earneries are taxed. >> and 30,000 to pakistan mango farmers. 13 farmers and the equipment didnt work. what jimu is saying, it is making the numbers do whatever you want to do. take it over ...

Deficit the president wants 1 1/2 tkwropb in new taxes over the next decade, letting the bush tax cuts for the wealthy expire. 866 billion. limiting deductions for families making more than $250,000 a year. 410 billion, closing loopholes in tax breaks, 300 billion. on top of that 1 1/2 trillion theres another 500 billion dollars, another half trillion in new taxes to pay for obama care. for a total of two trillion. again, lets go back to what the president said two years ago. >> the president: t...