Page 5 - Cutting Programs News Today

This michele bachmann, our good friend from minnesota, got the geography wrong. he she said that lexington and concord were up in new hampshire, actually in boston, up there i think lexington and concord may be the new york 26. this is going to be a shot heard round the world. my thoughts. yours, please? >> the reality is there was another candidate in the race, the tea party candidate who wanted to talk about free trade. the republican party, the democrats, but definitely the republicans, they ...

He she said that lexington and concord were up in new hampshire, actually in boston, up there i think lexington and concord may be the new york 26. this is going to be a shot heard round the world. my thoughts. yours, please? >> the reality is there was another candidate in the race, the tea party candidate who wanted to talk about free trade. the republican party, the democrats, but definitely the republicans, they have to figure out what their priorities are going to be, what their platforms a...

People get all the benefits. we need shared sacrifice. the idea of cutting programs, nutrition programs for low income pregnant women while you give tax breaks to billionaires is morally obscene and very bad economics for this country. >> now lets talk about, senator, president obamas speech tomorrow, which is getting lots of suspense at this point. it sounds luke obama is going to be talking about letting the bush tax cuts expire for the top, but thats not talking about the kind of things that ...

Police. smashing windows. 84 were injured. 31 police officers. and that video kind of says its maybe not mostly peaceful. what do you think? next up is the royal wedding. the same thugs are announcing now theyre planning protests there. as the government is cutting programs, will there be anything that is more angering to the people than over the top opulent royal wedding? or at least can be used against the crown. remember, the last time they surrounded prince charles and camilla, they attacked...

But already, there are winners in the budget battle. tea party republicans. as "the washington post" columnist e.j. dionne junior explained. >> no matter how much liberals may poke fun at them, tea party members effect the country. e.j., what has the tea party already won? >> when you look at what were talking about, compared to whats happening in the country, and it is good to see you, lawrence, you know, take -- what are we worried about in the country? we have 9% unemployment. lots of working...

Overlapping things. one is cutting programs, including programs to help some of the people who are suffering, and the other is cutting the deficit. so you have the tea party over here cutting programs and washington elite opinion saying if were not focused only on the long-term deficit, we are not serious. what about all these other problems? i think the tea party can claim some victory in shifting the whole discussion away from the problems that i at least think we ought to be talking about. >>...

It worked for him back in the 90s. but already, there are winners in the budget battle. tea party republicans. as "the washington post" columnist ej deyoung junior explained. joining me now, ej deyoung of the "the washington post." what has the tea party already won? >> when you look at what were talking about, compared to whats happening in the country, and it is good to see you, lawrence, you know, take -- what are we worried about. we have 9% unemployment. lots of working class people have st...

>> when you get to the budget, youre cutting foreign policy and commitment as broad, cutting programs at home. maybe going to curtail social security. youre going to have to do all these things. you put this out there and say this is what were going to do. the democrats pile on and say theyre slashing the programs we spent our whole lives building up. and you have a contest like that instead of a referendum on obama and the democrats which is what the republicans want. >> another key story in th...

There. what would it mean to us in our everyday lives? >> reporter: well, jane, if you know if were going to avoid essentially a national bankruptcy, the governments going to have to make some very difficult decisions at some point, cutting programs, raising taxes, but just to give you some more per perspective on this, the share of the federal debt for each household in the u.s., when president obama took office the federal debt by household was about $56,000. today its already jumped to $72,00...

>> well said, martha, because essentially the politicians are throwing up their hands, theyre saying look, we cant do this. doesnt matter how big a majority weve got in the house or the senate, doesnt matter, we cant do it. and i have to ask a serious question, martha, which politician can really cut medicare and medicaid? who can do that? who can really reform social security? its already runing in deficit. whos going to straighten that one out? which politician? which party can actually do tha...