Page 11 - Budget Problem News Today

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...

the iowa caucuses are curious things. places where a guy named jimmy who began his journey to become president carter. places where inevitable winners like hillary clinton and howard dean lost. places where somebody could rewrite the story that this republican race has come down to mitt versus newt. somebody like ron paul. >> newt gingrich has been on both sides of a long list of issues. sometimes in the same week. >> its wrong to go around and adopt radically different positions. beca...

Economys so weak, is that really what you want to do? is that the solution? i say it isnt. >> brenda: jonas, what do you say. look, if you want to make the case new employees for the government should have no or small pensions youre talking about existing pensions or cutting them out. its absurd. not the workers falt, their whole life for a pension, and a budget problem. its not just unions and all of this stuff. theyve played a roll, but they were trying to balance books and so is gm. pushing o...

So there is some talk about perhaps trying to spread those cuts around a little bit more fairly in terms of doing it very carefully as opposed to just across the board cuts. so we will see if that is something they can work on over the course of the next year. shep. >> shep: well see. mike emmanuel, thanks very much. a week after police say they arrested four occupy protesters and used tasers on three others during clashes at the washington state capitol, thousands gathered there last night as l...

So, it is --. >>stuart: but it takes this $105 billion is reimbursed to the social security fund from the general fund. which we dont have. so that $105 billion is added to the budget, it is a budget problem, right? >>guest: yes, well, again, this was a tax cut that, yes, does increase the deficit but it increases the overall deficit. this is the general fund --. >>stuart: you add up the $46 billion they are paying out more than they take in because of the recessions fewer working, that $46 bill...

Dollars. that is a budget problem and a half. isnt it? >>guest: couple things. one, this, we are not disagreeing that tax cuts increase the deficit. we both agree on that. you are saying that tax cuts increase the deficit. im saying tax cuts increase the deficit. where we diverge is that you are saying it is a social security problem because we have done a tax cut through the social security system and i am say this is a general fund problem, a broader government deficit and it has nothing to do...

Happened to the country i grew up in. why are we in such tremendous trouble not only with the status failing to defend the borders and cant balance the budget cant end trade deficits and get manufacturing back. socially the country seems to be disintegrating. why is it and why did it happen? these are the answers basically i give. now, some of the solution you recommended or i recommended right at the end of that book, i think they will help solve the budget problem, some of those problems but i...

The best and greatest in the world. "new york times" best selling author patrick buchanan. just a little joke. i have known you a long time. >> yes. >> sean: you wrote this book knowing it was can going to be controversial. why? >> called my last political will and testament. i decided to sit down for a couple years and figure out what happened to the country i grew up in. why are we in such tremendous trouble not only with the status failing to defend the borders and cant balance the budget can...

into chaos. barbie, what is is it like right now? whats happening? barbie, can you hear me? all right. okay. barbie, i think ive got you now. tell me, explain to me whats happening tonight. >> reporter: right now im standing in the epicenter of all of the violence we saw earlier. and really right now the protesters are gone, theyve been carted away. but its really a waste land. right in front of me is a burnt out police vehicle. there are cobblestones all over the place. theres so much...

Remains the right decision today. now is not my time. >> shepard: the governor added new jersey, whether you like it our senior correspondent is over in the trenton, new jersey, across the river. the governor is still not running. its final again, like it was final last time. final, huh? >> yeah, shep. its final. you know, he said he doesnt have the heart for it. by saying no, hes broken some a blunt chief executive in the state of new jersey taking on a severe budget problem, as well as public ...