Debt Control News Today

As the baby boomer generation gets ready for or steps into retirement, worrying about having enough money due to growing living costs is a hot topic. Although

Democrats, i think, on some kind of debt -- either debt reduction or debt control. some kind of entitlement reform to get republicans off a drive to defund obama care. otherwise, this is just going to continue as we have seen. >> do me a favor, stand by. i want to continue the conversation, because this is fascinating. we asked you to rank or what has the most influence right now as were watching the negotiations pan out here on the hill. your answers surprised us. well walk through them and wel...

two straight years, job creation seems to be slowing down. earnings for middle income americans fell some 7% in the past decade. and then there are investments. your i.r.a., your 401(k), your pensions. theyre a second road to prosperity. that is complicated in this volatile market. for those of you looking for a safe harbor by investing in fixed income or parking money in the shelter of a bank, youre getting nothing. even our virtually nonexistent inflation is higher than what youre ea...

nine years split evenly between defense and non-defense programs. the bipartisan policy center estimates sequestration of defense will mean cuts of 15% next year. every non-defense agency faces a 12% cut and that means job losses from doctors, teachers, border patrol agents and government contractors. anywhere from 1 million to 3 million jobs will be lost. california, virginia, texas, washington, d.c., maryland, would each lose more than 100,000 jobs. the bottom line here, this is the ...

spending and thats because trat decisional path to prosperity is still strewn with debris from the last storm. the big one, the recession. your job and the wage you bring home is the single most important way to build wealth. but despite net job growth for two straight years, job creation seems to be slowing down. earnings for middle income americans fell some 7% in the past decade. and then there rinare investmen. that is complicated in this volatile market. for those of you looking f...

Certain focus on this that i think either pretends or just doesnt have enough context to understand. the politicians do this all the time. they hold back on private views that they have because they dont think their political calculation is -- they dont think that the voters that they need are ready for that. >> ok. we just previously had paul krugman on the show. very well behaved. >> and lawrence said i agree with everything he says. >> and i cede my time to paul krugm krugman. >> look, i thin...

The american people to decide come election time, not just obviously for the presidency, but for races in the house of representatives and the senate. i do think that polling i have seen suggests that people are paying attention. theres overwhelming evidence that americans of all political persuasions, democrats, independents, republicans, support the approach the presidents taken to job creation, through the american jobs act. they support the way we pay for it by asking millionaires and billio...

>> reporter: i think its a step in the right direction in terms of reaching a compromise. the big question remains while we have heard that harry reid signed off on the deal, where do republicans -- the key republican negotiators in this whole deal, where do they stand on the issue? in the house as well as in the senate. well, were still obviously looking to get guidance on that. we have heard from one top senate republican leadership aide who said at least -- at least right now theyre...

Supreme court to get off the bench and make a decision so planning can be done whether constitutional or not so efforts can be made to figure out the budget to meet our nations demands. >> if we dont get the debt control, we go 10 trillion deeper in the hole every year we delay fixing this problem. they are telling us, our ungunned likes this is a weird number, about -- 88.of trillion. the next generation will get a diminished country lower living standards. if we dont get this under control now...

Supreme court to get off the bench and make a decision so planning can be done whether constitutional or not so efforts can be made to figure out the budget to meet our nations demands. >> if we dont get the debt control, we go 10 trillion deeper in the hole every year we delay fixing this problem. they are telling us, our ungunned likes this is a weird number, about -- 88.of trillion. the next generation will get a diminished country lower living standards. if we dont get this under control now...