Page 9 - Budgeting Process News Today

Budget so we need to move on to that that guy, we are going to have the republicans have only so much leverage. in effect they dont have a lot of power here, do they? not really i think we learned that speaker boehner own party we can go back as you said to the debt ceiling debate. the only reason we have cliffs and crises because democrats, particularly in the senate have completely abandoned the legally mandated budgeting process. we have not had a budget in this country for three years. thats...

Budget so we need to move on to that that guy, we are going to have the republicans have only so much leverage. in effect they dont have a lot of power here, do they? not really i think we learned that speaker boehner own party we can go back as you said to the debt ceiling debate. the only reason we have cliffs and crises because democrats, particularly in the senate have completely abandoned the legally mandated budgeting process. we have not had a budget in this country for three years. thats...

Budget so we need to move on to that that guy, we are going to have the republicans have only so much leverage. in effect they dont have a lot of power here, do they? not really i think we learned that speaker boehner own party we can go back as you said to the debt ceiling debate. the only reason we have cliffs and crises because democrats, particularly in the senate have completely abandoned the legally mandated budgeting process. we have not had a budget in this country for three years. thats...

Priebus. in the vice-presidential debate, how much do you think the issues of medicare will come up? is that an accurate representation of the romney/ryan plan? >> absolutely not. its laughable that debbie wasserman-schultz would give anyone a lecture about budgeting when she and her party have not given a budget in 3 years in violation of the law. they are not doing their job and they are spewing talking points about the budgeting process. its a joke. secondly, i expect joe biden to do a good j...

But it looks more of an even contest on money moving forward. >> today rush limbaugh was talking like president obama had already won. here it is. >> give me an example of a loophole that you will close. >> taxpayers will have fewer deductions and exemptions. those numbers are going to come down. i want to make sure people understand. >> what does it mean that theres people openly talking about what kind of trouble they are having on the campaign trail? cant get on message when it comes to taxes...

Already won. here it is. >> give me an example of a loophole that lu yo will close. >> taxpayers will have fewer deductions and exemptions. . those numbers are going to come down. i want to make sure people understand. >> what does it mean that theres people openly talking about what kind of trouble they are having on the campaign trail? cant get on message when it comes to taxes, medicare, theres some double talk going on there. and when it comes to the budgeting process, romney is not on the s...

Put to george w. bush, look at his budgeting process. the war is off budget, medicare, the tax cuts, all of those things, but you can make the case, and i said this to a georgetown university class just last year, you can make the case that george w. bush was one of the best conservative presidents the country had in terms of generational push. he put two people on the supreme court that delivered citizens united to us that were dealing with to this very day in this election cycle. the bushes ha...

Related, when you trace through the money, to incurring the debt for the incinerator. >> the mayor used noney from the incinerator bonds for other projects -- how was he able to do that? >> moving money around in different funds. i cant tell you what mon he moved where, other than he d. so, for example, if you want to do something, like start a museum, rather than going to city council and putting $500,000 in the budget, you issue bonds for an incinerator, and you take a portion of that bond iss...

Collapse. >> it is not unusual to have the sinkholes directly related to incurring the debt for the incinerate. used the money from the incinerator bonds for other projects. how was he able to do that? >> by moving money around in different funds. i cant tell you what money he moved where other than he did. so for example if you want to start a museum, rather than going to city council and put $500,000 in the budget you issue bonds for an incinerator and take a portion to get money for a purpo...

Collapse. >> it is not unusual to have it directly related when you trace through all of the money to incur the debt. >> before the mayor used some of the money for the incinerator bonds for other projects, how was he able to do that? >> by moving money around in different funds. i cant tell you what money went where other than he did. for example if you want to do something like start a museum rather than going to city council and putting $500,000 in the budget you issued bonds for an incinerat...