Page 4 - Base Budget News Today

Budget, this sort of thing. i believe my desire would be to say everything is in the base budget except for something that legitimately pops up that couldnt be anticipated. but at the same time, we are not in a position there to dictate that. and the bottom line, we will come to you with what is necessary and then support this committee and the congress in justifying it and making certain we have your confidence were spending every dollar for what we should be spending it on, something we cannot...

It is one of the reasons everybody in america is so disgusted with us that we cant be honest with the american people about the needs of our country and come together in a bipartisan way to meet them in a way that is responsible in terms of the way that we budget and spend money. tell me how you intend on addressing this important issue going forward. >> senator, the need for our country to maintain a self-and secure nuclear deterrent, a concisive conventional force while maintaining an irregula...

Are changing their tax status so they can get the return of no -- paying no income taxes, i think thats the increase in the businesses that weve seen, they just changed their filings. >> so people are changing their filing because taxes on small businesses were zeroed out or cut dramatically? youre seeing people now file as small businesses if they can, so they can get the tax benefit? >> thats correct. and thats why i think its rather disingenuous to think we had an increase in businesses in fa...

Of separate funding that we voted for each year. this budget that were talking about is our base budget. that is the troops, the navy, the air force that has been protecting us since world war ii. they kept the sea lanes open around the world. theyre just taken for granted. and enough is enough. >> well, they say that the army chief of staff, the general said he would be okay with a force of 450. so that is about where were going. but on the other hand, our old defense secretary bob gates said t...

Of separate funding that we voted for each year. this budget that were talking about is our base budget. that is the troops, the navy, the air force that has been protecting us since world war ii. they kept the sea lanes open around the world. theyre just taken for granted. and enough is enough. >> well, they say that the army chief of staff, the general said he would be okay with a force of 450. so that is about where were going. but on the other hand, our old defense secretary bob gates said t...

Often of -- >> of an increase. its not a real cut. the washington cut. >> absolutely. so, you know, many people say we need to go to a zero base budget. you know, i think that, you know, we need to start looking at why cant we go back to a spending level, i dont know, 2006, 2007 so that we can start getting things under control and furthermore, were not really seeing a slowdown of the growth of the federal government. i mean you still have a huge bureaucracy with federal government employees and...

We have a graph that shows this. this is the options on the table. the green line is mitt romneys idea. this is base spending. it doesnt include wars or security. if you talk about security spending, you get a larger amount of money. barack obamas proposed leveling and the see quest ration. larry, you worked on this issue for a long time. what has changed? >> what has changed, i think the late senator mcgovern pointed out. we dont have a threat, yes, we have a threat with terrorism. you are not ...

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and president clinton taking on a special role at the democratic national convention. and well talk about the quirky rule, the unfair rule that cost the americans their medal. this man caused one of our best olympians a shot at gold in london. >> were going to chat a lot about that. see how you feel as well. right now mitt romney is on a plane to poend la, the last stop on his international tour. romney left israel this morning, where he gave a tough talking speech on iran. >> we m...

im wolf blitzer, youre in "the situation room." were live here at constitution hall, here in the nations capitol, where in just a little bit more than 24 hours, the republican presidential hopeful will face off for the first time in a major debate on national security, foreign affairs and the economy. he will be mod rating the event co-sponsored by the her kaj foundation and american enterprise institute. on the eve of this critical contest an eye-popping shift? the republican con taft...