Debt Commissions News Today

There. >> they got there and not a moment too soon, or perhaps a little too late, but they have got there. were actually seeing reaction in the markets, the nikkai has rallied, well be back in january and february, before we say come in, were open, i think we ought to keep the other one just at hand. >> i think youre right, christine romans, i can actually hear you groaning when we say kick the can down the road, weve all been here, havent we? like groundhog day? is it possible to avoid all of t...

Congratulations, washington. youve narrowly averted a fiscal crisis of your own making again. if theres one thing you should be buying, its stock in the countdown clocks. because by the time we put this one away, well have to turn it on again in february. we still have this problem with this short-term decision making and not really addressing the long-term problems. thats what warren buffett, what so many business leaders are so worried about. today, talking about so many business leaders, no o...

And the democrats. i dont think actually that the president gets away with saying that the debt ceiling debate is nonnegotiatable. that the debt ceiling increase is nonnegotiable. what you will flare business and market watchers and the markets themselves in the weeks to come is we have a major debt problem and someone has to get around to dealing with it. >> bret: we heard it from simpson bowles and the deficit and debt commissions. >> and they will keep talking and that is a problem. the presi...

>> he sat on the debt commissions and there were compromises offered, hes supposed to be the big budget cutter. he let that thing die and he voted against it. and guys like coburn and durbin voted for it and he didnt. >> ill take that as a good thing to have against him. but the thing i really have against him actually has to do with how he and governor romney have misused the declaration of independence, im irritated that the pursuit of happiness means -- >> money. >> money for the rich and whe...

Appoint a small --. >>neil: but neither does the president. >>guest: put a real proven return on investment panel that know was they are doing. >>neil: but you have have to teach them how. >>guest: and this is the liaison define the public and private sector, so, now, what you are doing is taking a small business who knows how to do business, timeline, allocation of resources, return on investorment and they will make the decision --. >>imus: and they make recommendations like the debt commissio...

Legislation. even though they are calling for some $4 trillion range which is previous debt commissions has recommended there is no legislation to go along with that. its hard to say right now if there is any genuine effort of dealing with it this year. it looks like with the election coming up so quickly and with people focused on millionaire is your tax 1st other ways of paying for the payroll tax cut, the debt has sort of gotten lost in the conversation. there is not really a moment that lawm...

consequences if the panel failed to decrease the debit. hes one of most popular bloggers in cyber-space. can he still call himself a conservative? our conversation with andrew sullivan. >> especially during the iraq war to have made such a massive blunder and be forced to hold myself to account for it and have my readers do so and stick with me, that was a very maturing experience. >> plus, the "huffington post" expands to canada. so whats up with the canadian woman whos running it, ...

For the united states. and before, you know, i start saying this makes sense or that makes sense, i want to get a better picture of what the options are. >> reporter: the leader of the 18-member debt commissions, ten democrats and eight republicans drawn from congress and the private sector will help sort the options out, including cuts to big ticket items like social security, medicare or medicaid. it has until november 1. it wont be easy. >> there will be no work unless we vote for it. a lot o...

They are not being represented and the kinds of debt to follow-up on the presidents announcement, the kind of debt that washington it is racking up, and inability of washington to take control of things washington is supposed to be in charge of, leads people to feel helpless, i think frustrated, out of the system and really wanting to do something, feeling like they are not recommended. bill: we are watching this cpac conference, the conservative conference in washington, d.c., and, as we watch ...

>> can i tell you, this is like the -- >> its a committee. >> its a committee, if they call it a panel -- whatever. the point is, its a false ending to a movie. you know, in fatal attraction when you thought glenn close was dead and she comes out of the tub. this is the panel -- >> heres what i am thinking. >> no, shes back. >> this panel -- why set up the triggers? its like its assuming they wont be able to do their job. they are set up to fail. why have -- >> they should. >> we have had 17 deb...