Page 10 - Budget Problem News Today

The biggest debtor in the world were going to be even more immediate trouble. i really do think were at a tipping point. weve got a president who wants to take us in one direction which basically is the european direction. they got a guy over in france, socialist leader that is leading nicolas sarkozy in the polls that wants to raise the top rate to 75%. i hope obama doesnt see that. if the small business person will pay a little bit more, well solve this budget problem. weve got some other folk...

high school in chardon, ohio, thats near cleveland. one student dead, four others wounded. two of the wounded students are in critical condition, one is serious, and another is stable. yet another student showed a reporter from wkyc where one of the bullets grazed him. >> yeah, right here on my ear. i was actually -- as i was turning away from the gunman, he caught me right on the ear. >> reporter: hows your hearing, how close was he when he fired that shot? >> we were the table right ...

the presidential candidates go toe to toe tonight. as they face off in jacksonville. romney and gingrich are in a virtual poll. romney is ahead by just two percentage points. on the campaign trail, gingrich conceded that all the super pac attack ads have now hurt. but hes not backing down. >> i can promise you i am going to fight every day from here until we win the nomination, because i am not going to allow the monied interests that are bose buying those ads to come in here and into ...

>> so lets take a look at -- this was a chart i think we talked about indirectly. but when you talked about what to do about the budget and the budget deficit, it comes down to one thing, which is health care. everything else is basically going to be held flat as a percent of gdp, even social security remains constant as a percent of gdp as does other programs and so-called discretionary spending, which includes a lot of good things like education and so forth held flat. whats really driving our...

Talked about indirectly. but when you talked about what to do about the budget and the budget deficit, it comes down to one thing, which is health care. everything else is basically going to be held flat as a percent of gdp, even social security remains constant as a percent of gdp as does other programs and so-called discretionary spending, which includes a lot of good things like education and so forth held flat. whats really driving our budget problem is health care spending. and you can see ...

People. they were total whack jobs talking about armageddon. which is not the movie, which would have been awesome though. all you get from them is, well, you know, we have an open forum for people. we dont agree with anything they are saying. you have to draw the line somewhere. >> there is a double standard. during the times of stalin, there were people writing things like stalins labor camps are so good that people are lined up to check into them. but the left doesnt get the same critique the...

Folks in your audience will say cut all the loopholes. not cut that loophole. >> bill: thats not the point. the point is we have arrived at a juncture in history where we have a debt thats unsustainable that every american is in danger because because of this debt and you guys for the past 50 years have imposed it on the american people, congressman king. >> bill, i will just speak to that you have made an important point here. one of the reason that the public doesnt distrust congress as much a...

Folks in your audience will say cut all the loopholes. not cut that loophole. >> bill: thats not the point. the point is we have arrived at a juncture in history where we have a debt thats unsustainable that every american is in danger because because of this debt and you guys for the past 50 years have imposed it on the american people, congressman king. >> bill, i will just speak to that you have made an important point here. one of the reason that the public doesnt distrust congress as much a...

Folks in your audience will say cut all the loopholes. not cut that loophole. >> bill: thats not the point. the point is we have arrived at a juncture in history where we have a debt thats unsustainable that every american is in danger because because of this debt and you guys for the past 50 years have imposed it on the american people, congressman king. >> bill, i will just speak to that you have made an important point here. one of the reason that the public doesnt distrust congress as much a...

May be adding dollars to the public pay-out. dan springer breaking out a calculator from olympia, washington. >> a sprain from capitols. were broke. >> a budget problem, a budget we cut by $10 billion in three years. >> washington governor gregoire numbers dont add up. she is adding cuts to the spending growth. but the spending went up. >> $10 million never existed. they are programs on paper that the state wanted to fund. >> washington state is far from alone. spending by all states is up 72% i...