Page 5 - Base Budget News Today

>> capitalism doesnt work. >> youre angry at wall street? washington, too, or just wall street? >> definitely washington. the politicians who are corrupted by a lot of the corporate money from wall street. >> so what do you want, protesters? it seems like people want a messiah leader. just like they did when they anointed barack obama. but, if you dont know whats wrong, no one can fix it for you. john adline is contributor and cnn columnist for "newsweek" and the daily beast. john, gre...

Let me throw it at you right away. what are the cuts, the big cuts and the big four medicare, medicaid, social security and defense that will balance the budget which is what youre calling for. >> eliot, weve had this conversation in the past with charts and without. ive told you each and every time, everything has to be on the table. we have to look at across the board cuts to every single program and every single department. nothing has to be exempt. one way to go about it, go back to a base b...

For $553 billion for the base budget as well as $118 billion to fund the current wars and he has cut many billions from the budget but warns any further cuts could be dangerous. take a listen. we shrink from our global security responsibilities at our peril. we have short sided cuts that could lead to tragic consequences later. indeed as they always have in the past. >> gates has suggested cutting the army in 2015 by 27,000 troops and the mains by between 15,000 and 20,000 by 2015 and another in...

Clearly, we do a heck of a lot of business with them on the economic front, we have historically had a lot of military cootion or engagement at least with them as well. that has broken off in the wake of -- wake of some arm sales we made with taiwan last year, and so our military engagement is not what we would like it to be, however, the door is wide open and we keep asking for more military to military engagement so we can better understand what it is we are both trying to do with our military...

With mark, that is important. but, look, the president and secretary gates have done significant work to cut obsolete weapons systems to save money. the president has a very vigorous bipartisan deficit commission going now under the leadership offers kin bowls and senator simpson. theyre taking this very, very seriously. youre going to see this white house do what the earlier democratic administration, the clinton administration did, which is tackle the size of the base budget. its only democrat...

Spoon and styrofoam cup. hes given america so much. he is a philanthropist now. he pays 150% -- he paid 50% in income tax and gives away his income. he has to pay a higher rate of income tax because in this country, if you give away 100%, they charge you 50% because something must be up. okay? so hes an amazing man. he told me, i called him a couple weeks ago and he said, "glenn, you have a zero base budget. you cant look at this budget. you want to fix this country, you have to go at zero. othe...

Spoon and styrofoam cup. hes given america so much. he is a philanthropist now. he pays 150% -- he paid 50% in income tax and gives away his income. he has to pay a higher rate of income tax because in this country, if you give away 100%, they charge you 50% because something must be up. okay? so hes an amazing man. he told me, i called him a couple weeks ago and he said, "glenn, you have a zero base budget. you cant look at this budget. you want to fix this country, you have to go at zero. othe...

We could eliminate the whole discretionary budget, close down all of the buildings here in still be running a deficit of a half trillion dollars a year because of mandatory spending and thats where the problem is. the budgets they send up to us lay this all on the backs of our military. and the war funding has come out of separate funding that we voted for each year. this budget that were talking about, thats our base budget. thats the troops, the navy, the air force that has been protecting us ...

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