Page 32 - Cut Back News Today

I think it is a mistake to say that the commissions report did not have an impact. hit a very significant impact. >> basically, they say look, discretionary spending, great, cut back. plenty of things. what about medicare? where -- where are the big ideas for the big things -- big programs that suck money out of the economy? >> well, i think if you look at the entitlements we have important policy in this budget. there is a provision for the last number of years congress has passed on a bipartis...

Forget the brain games, people. turns out exercising can improve memory in older adults, thats according to researchers at a university in illinois after studying 120 healthy seniors those who walked three times a week for a year strengthened the part of the brain thats involved with the long-term memory of places, people, events and things. thats good news. more health news for you now. its about what you eat. new guidelines out there, new dietary guidelines that are encouraging you to focus ...

Bickering, definitely not hugging it out. tax cuts for the rich. a lot of republicans insisted, when you tax people who make more than $250,000, a lot of those are entrepreneurs and will stop hiring, they dont know what the future has in store for them. is there an effect for rich people when it comes to tax cuts? >> there absolutely is. i believe, look, everyone should pay taxes. when you tax folks who have more money, they tend to pull back the same way folks who have less money. theres a tric...

Jack. >> the question, in this economy should federal workers be earning twice what private sector workers earn. every government face this is question and the answer is always obviously yes. the problem is if you freeze wages or cut back, youll only see strikes and discontent. you think h they do things slowly now? try messing with their paycheck and see what happens. ken in maryland says as a 3r50i69 sector contractor working for the government, i can tell that you the argument made by unions ...

In three years, ends up, i think, theyre up to $23 billion. 19 years later. >> expendables is now out. arnold schwarzenegger is in it. makes a cameo with sylvester stallone. whats significant about that sm? >> the unions are complaining about it and saying mr. schwarzenegger is making us cut back and meanwhile, california is broke. $19 billion in deficit. the governors office came out and said our unfunded pension liability isnt about $100 billion. it could be $500 billion in debt. they should b...

I gave it up. how are you doing? you cant exercise self-control. you tell us to, you know, cut back. you tell to us be careful with our spending, not go to vegas. but you go to take a helicopter a couple of miles and your wife takes our money and goes to spain with a bunch of friends. how do we expect a family who has taken several vacations in recent weeks to understand we cant afford the pensions and everything else? the latest estimates have our debt and state pensions at $3.1 trillion. it wa...

I gave it up. how are you doing? you cant exercise self-control. you tell us to, you know, cut back. you tell to us be careful with our spending, not go to vegas. but you go to take a helicopter a couple of miles and your wife takes our money and goes to spain with a bunch of friends. how do we expect a family who has taken several vacations in recent weeks to understand we cant afford the pensions and everything else? the latest estimates have our debt and state pensions at $3.1 trillion. it wa...

Song. billie joel going to extremes. because the government is going to massive extremes to make all kinds of cuts. the new york times exposing the story and it is breathe taking what states and local governments are doing. >> number one. in hawaii, they had to actually shut down the public schools for 17 fridays during the past colyear because they didnt have the money. >> what did the parents do? so many are two parent working families. they had to take the days off from their own yobs because...

Ing continuing coverage. oil disaster in the gulf. day 60. there are new reports detailing a business connection between bp and iran. this as western nations, including the united states, cut back biz ties with iran. "time" magazine reports bp remains one of the most active western oil giants engaged in energy projects with iran. a washington correspondent for "time" magazine. >> thanks for having me. >> its not is if its against the rules or untoward, is it? >> well, the first thing so understa...

Mitigate them as soon as possible. >> do you have the resources you need, or has that been an issue, especially as you look around the country during this recession, a lot of states have cut back, and i dont know the level of federal grants youre getting, getting the resources and training you need, has that been cut back at all? >> we have made a tremendous amount of progress since september 11, we have done a number of things that are not traditional for local law enforcement to do, which woul...