Page 1140 - Commitments News Today

Divorce is really an option. i think the question that theyve spent more time considering is, can we be happy? because the choice for them i think is happiness or not happiness, not marriage or divorce. >> so its really that serious. >> well, i think they know that they cant. i think he obviously looks at the experience of his grandparents, you know. weve got no idea really what goes on in their marriage. >> but we do know its been very stable. >> its been very stable, exactly, and thats exactly...

But still republican leadership and also democrats in congress say that raising the debt ceiling is absolutely necessary. >> a failure to raise americas debt ceiling would mean a failure to keep our commitments. and that would put us on the short list of countries that have defaulted on their debt. and we dont belong in the company of countries that dont keep their promises. to be clear, lifting the debt ceiling, raising it, is not giving a blank check to the administration. as senator kirk said...

Within the home. one of the things people are saying is the console is going to look more like an ipad. im not sure how you play wii bowling and ping-pong with something like that but i guess theyre making tons of changes. >> im not plugging it, but once you play the kinect and i have both, not to have -- >> nintendos profits were down 66% this year. basically they havent had any new iteration of the wii and in order to keep up with things like the kinect they have to really shake things up. >> ...

Do can come up with an agreement that will make a big dent in that debt trajectory. >> reporter: treasury secretary timothy geithner says he does not need to reassure overseas buyers. >> theres a lot of confidence in the capacity of this economy to grow, to make sure that we can meet our commitments or obligations. >> reporter: but a house democratic insider told abc news that this just throws gasoline on the bitter debate over raising the nations debt ceiling. if congress doesnt take action by ...

President released a statement this morning, because of the anniversary. let me read from it. he says, "my administration is committed to doing whatever is necessary to protect and restore the gulf coast, to ensure that the gulf coast recovers, stronger than before. if you had your wish list, your priorities, what does the government need to do? >> well, you know, the irony is that this is bps obligation to take care of the problems that arose from there, not the government. its different from a...

You could still never close this gap. a lot of that may end up falling on the shoulders of middle class folks as well if it comes to tax increases. thank you. i know youll be watching this and well be watching your coverage. thank you, sir. lets take a look at the overall picture here for a minute. the treasury department now projects that we are going to hit the current u.s. debt limit, this is like the max on your credit card as a country of $14.3 trillion, that is going to happen about four w...

Undo burden on the economy as a whole and the middle class. it is perfectly within our capacity as a country and you do not need to make savage, deep cuts in these entitlement programs to our seniors, commitments weve made for generations. you do not need to abandon those commitments in order to bring balance to the fiscal position. you can reform them. >> you talk about the proposal that chairman ryan has in the house to change medicare, basically, as we know it, change it into a voucher progra...

Undo burden on the economy as a whole and the middle class. it is perfectly within our capacity as a country and you do not need to make savage, deep cuts in these entitlement programs to our seniors, commitments weve made for generations. you do not need to abandon those commitments in order to bring balance to the fiscal position. you can reform them. >> you talk about the proposal that chairman ryan has in the house to change medicare, basically, as we know it, change it into a voucher progra...

Tax code -- we spend hundreds of billions of dollars a year on special tax expenditures, special tax breaks that go to just the top, the wealthiest americans. so, we have plenty of room in this tax code that will result in just a modest increase in the burden on the most fortunate. and if we do that, along with other spending cuts, we can preserve the commitments we made to our seniors, to the disabled, to the poor, and we can still make sure were investing in education. >> but the president has...

Structured -- and its a broken tax code -- we spend hundreds of billions of dollars a year on special tax expenditures, special tax breaks that go to just the top, the wealthiest americans. so, we have plenty of room in this tax code that will result in just a modest increase in the burden on the most fortunate. and if we do that, along with other spending cuts, we can preserve the commitments we made to our seniors, to the disabled, to the poor, and we can still make sure were investing in educ...