Page 10 - Debt Clock News Today

Trump blaming president obama for doubling the national debt. >> barack obama has doubled during his fairly short period of years. hes doubled our national debt. molly: how much truth is there to the back-and-forth tonight? >> said the debt clock if you like yesterday $22 trillion its going to continue to grow largely because a number of programs we have on the books such as social security, medicare, medicaid, these are benefits being paid in is the demographics continue to change in that direc...

Control. the democrats who want to go into a socialism type model dont have a plan that has the tax revenue base of a european country. >> the u.s. is still more contained than say europe -- not europe, but china and japan. charles: the only major economy -- >> the difference is a country like japan and most of europe borrows at negative interest rates. we do not have that luxury. we borrow at fairly high rates relative to the rest of the world who has their debt under control. or interest payme...

To embrace capitalism, not some state-run, state-controlled socialism that will set our economy back 100 years or more. so give the president some credit. it was a very good turn of phrase. >> bill: let me frame the argument here. ill give you props and show you potholes. optimism about personal finances has klimd to levels. record high 7 million job openings. wages grew by 3.2%. i know you love to talk about it. im seeing retail sales down in december, might be a drag on the markets today. im l...

Dollars more to our debt. >> you all ran the debt clock up so much over the past two years and that is enough. neil: by the way, you know, republicans too but theyre rich to talk about how much things cost when in fact the deficit is going to exceed $1 trillion this year, so no one seems to be coming up with ways to reign that in. >> but neil, i would, if senate republicans had relinquished the filibuster on passing legislation, they would not have had to accommodate senate democrats excessive r...

Full republican control of washington. >> and i know you know how d.c. works probably better than i do. youve got to get 60 votes to make that happen. we did through reconciliation get rid of the individual mandate and take some of the underpinnings of the affordable care act out. weve got to replace it, in the same way that weve got to make sure that social security and medicare can be paid for and medicaid over time. what the democrats are not mentioning are widely publicized reports that say,...

And he said they had forwarded recommendations to the administration about offsets that came out of mandatory spending programs. looking at things like entitlements. they are going to want that money paid for if theres going to be a discussion of broader infrastructure. >> bret: speaker of the house is a former vice presidential nominee who campaigned in front of the national debt clock. >> you heard john thune say something really different than what the president is talking about. >> that seem...

Democrats dont at all. now it is sort of like our guy is, these are not his issues, so we are going to pretend like its gone and kicking that can on a bipartisan basis is screwing over our generation and it bothers me. >> shannon: when you walk by that clock at sixth avenue in new york and its constantly going -- the national debt clock that goes -- faster than your eyes can follow it. it is a little bit -- >> shannon: the one thing i wily that i knocked the president or from a politics of it, t...

Capitol hill about the deficit and debt. here is candidate trump talking about that. >> we owe $18 trillion. were going to 21 trillion and ultimately 24. thats the magic word. 24 trillion is the magic number. thats like the point of no return. we are there quickly. we are going to end up being another greece and maybe another detroit. thats where our countrys going. >> bret: if you look at the national debt clock, it stands at 20.6 trillion. there are republicans and democrats who have found the...

Think you can take a real estate tax that you are required to make and dress that up that is a charitable contribution. i hope that the states are more focused on cutting their budgets and giving tax cuts to their people in their states than they are in trying to evade the law. >> thank you very much. as the national debt clock approaches 21 trillion, is this something the administration is concerned about? >> under the last administration it has gone up. so we are focused on the debt. thats why...

That you can take a real estate tax that youre required to a make and dress that up as a charitable contribution. i hope that the states are more focused on cutting their budgets and giving tax cuts to their people in their states than they are on trying to evade the law. >> thank you very much. the actual debt clock approaches $21 trillion, is this something that the administrations concerned about? >> again, i think weve said under the last administration, the debt has gone from 10 trillion to...