Page 3 - Budget Problem News Today

What happens to social security and caddi medicare and it goes bankrupt. if you look at what is happening people are seeing that with out of control spending, which created inflation, all of a sudden then interest goes up on their house and credit card on their car payment, they are realizing, we have a budget problem and they are coming to gi grips with we have to do something about it. trey: rome was not built in a day, they tell me, the cumulative debt is overwhelming. rather than get depress...

What happens to social security and caddie ca medicare and it goes bankrupt. if you look at what is happening people are seeing that with out of control spending, which created inflation, all of a sudden then interest goes up on their house and credit card on their car payment, they are realizing, we have a budget problem and they are coming to give grips with we have to do something about it. trey: rome was not built in a day, they tell me, the cumulative debt is overwhelming. rather than get d...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Our annual Fiscal Outlook publication gives our office’s independent assessment of the California state budget condition for the upcoming fiscal year and over the longer term. In this report, we anticipate the state will have a $25 billion budget problem to solve in the upcoming fiscal year and operating deficits declining from $17 billion to $8 billion over the multiyear period. The goal of this report is to help the Legislature begin crafting the 2023‑24 budget. Our analysis relies on spec...

Material. and frankly some of those students were incredibly well prepared, and some of them were not. and so i guess id give a shout out to all the students who didnt get the homework done, for giving me preparation for dealing with these ceos and trump administration officials who show up in congress not ready to talk about the issues of the day. >> and the one that kind of was your first big hit was jamie dimon, the jp morgan chase ceo and i want to show one more piece of this because it invo...

Budget problem in a business where there was a shortfall, one of the things he would suggest 1 ways to raise the revenue going into that business. it never occurred to him, in talking to you, that one solution to the problem of someone working at his bank at the low wages you identified, would have been, for him to raise the pay of that person. >> and to be fair, i dont know if that occurred to him and he simply wasnt willing to admit it. some of his competter banks-just announced pay raises up ...

I was the president would take some of that justifiable anger he has for speaker pelosi and channel it to opposing her spending priorities. you just mentioned the economy is growing at about 2.1 percent. government revenues are growing at 4 percent. spending going in a percent. where this environment where it is very cheaper tomorrow right now with the c idea is to grow your government four times as fast as your economy over time. thats a fantasy. >> increase of revenues, thats a problem, budget...

>> yes. it is depressing. i wish the president would take the justifiable anger toward speaker pelosi and channel it to opposing or spending priorities. he hopes he can mention the economies going 2.1%. the government revenue are growing at 4% and spending growing at a percent. >> were in an environment where its cheap for the government to borrow but the idea that you can grow your government four times as fast as your economy over time -- >> without increasing revenue there is a budget problem...

Fall. this is a budget problem you cannot solve. why are your lawyers arguing in federal court that there was no injury and no harm created by your dat breach? are you lying to a federal judge? or are you lying to me and this congress right now about whether we can rely on those statements? >> do you know what an reo zbloochlt an other owe. >> an not an other owe, reo, reo. >> real estate. >> whats the o stand for. >> organization. >> real estate owned thats what happens with when a property goe...

I was speaking to an economist who said this is a sugar high. the numbers falsely inflated by deficit spending. are you concerned? >> im hopeful that this isnt just a sugar high. im hopeful that these numbers, maybe not at the 4% range, maybe the 3% range, are sustained for a time and help pay off the tax cut. but it goes beyond creating deficits. what creates deficits in the united states is the spending that were engaged in. not the tax money. the tax dollars belong to the taxpayers. and i thi...