Arithmetic Problem News Today

After all of that they have to get the votes for the larger spending package that will go through september 30th. that will be the big fight ahead. thats going to rest with republican and democratic leaders. my colleague manu raju just saying that bernie sanders is saying he will not support that larger bill. that means that republicans are going to have to come up with another vote. this is always a little bit of a math problem. a little bit of an arithmetic problem but do expect this will pass...

They blame the republican party for. the republicans have an arithmetic problem. this is mostly, in significant part, a tax cut bill. they want to cut taxes. obamacare raised taktxes and th want to cut taxes. but that means theres less money there. theres less money for medicaid. which means less money for people of low income. thats a big part of the plan, to cut medicaid. obamacare means everybody has to get health care. if you afford it, there will be subsidies for you. if they want to cut th...

Tax, it is academic. >>neil: so, you are saying, his plans on balancing the budget by 2020 and you would get it balanced by your third year. >>guest: but we cut $1 trillion the first year. peoples eyes glaze over and say i will balance this in 15 or 20 years! the only thing that counts is one year. the same people are not there after one or two or he years so you have to do it right away but you have to change the appetite for government. the taxes, the tax code is a method of collection will no...

It is currently put together does not have any impact on the deficit. >> senator graham, few people believe theres none at arithmetic problem with social security. >> when i was 21 and 22 my parents died. i had a 13-year-old sister. i was in college in law school. if it werent for survivor benefits coming to my sister from my parents contribution we would have a hard time make it. today im 55. i have no kids. were paying more in benefits than were collecting in taxes in about five years. in 2037...

Deficit. >> senator graham, few people believe theres none at arithmetic problem with social security. >> when i was 21 and 22 my parents died. i had a 13-year-old sister. i was in college in law school. if it werent for survivor benefits coming to my sister from my parents contribution we would have a hard time make it. today im 55. i have no kids. were paying more in benefits than were collecting in taxes in about five years. in 2037 maybe even sooner you have to cut benefits by a third or acr...

>> senator durbin? >> david, if i could say this about social security. i want to thank my colleague for the kind words. social security does not add one penny to the deficit. social security untouched will make every promised payment for more than a years. the deficit commission was given a charge. add 75 more years of solvency to social security. it came up with an approach. i think, frankly, another commission came up with a better approach. we need to move on social security, but lets put it...