Debt Course News Today

p states position is let no debt course go unbeaten. this has got to stop. >> u.s. federal agencies have 30 days to delete tiktok from all government issued devices. >> republican lawmakers are looking to take this ban even further. >> tiktok is a spy device on your phone. >> the faa is investigating a close call at logan airport. >> just the latest case of thesp at airports across the country. >> norah: and a consumer alert. hundreds of thousands of nissan suvs recalled because the ig...

P states position is let no debt course go unbeaten. this has got to stop. >> u.s. federal agencies have 30 days to delete tiktok from all government issued devices. >> republican lawmakers are looking to take this ban even further. >> tiktok is a spy device on your phone. >> the faa is investigating a close call at logan airport. >> just the latest case of thesp at airports across the country. >> norah: and a consumer alert. hundreds of thousands of nissan suvs recalled because the ignition cou...

Generations without leaving them a mountain of debt. >> budget also did he vote money for highways and roadways. >> republicans have a different view on spending priorities and debt. what are they saying? >> john boehner calling it perhaps the presidents most irresponsible budget ever. paul ryan says it isnt a serious document, it is a campaign brochure. ryan is working on a budget of his own which is expected to take a look at poverty programs noting some work, others dont. as for the president...

As a percentage of gdp, deficits are coming down. the debt is coming down. but you were quite right to try to look at the numbers there. the dollar figure is growing. what did you make of that? >> a very evasive performance and i was very disappointed in it, primarily because they continue to misrepresent what this budget does. for example, they claim $1.8 trillion in deficit reduction? it has a trillion dollars -- 11.1 flint new -- 1.1. million in new taxes and increased spending 1.5 billion, r...

The impact much their budget. it is breathtaking in its inaccuracy. it is just amazing to me. i think the press, mainstream press should do a better job of digging into the numbers. this is a major tax increase. they claim they have a balanced plan. they suggest that raising taxes and cutting spending the same amount. but what theyre really doing is raising taxes and racing spending the same amount. this is no way to alter of the debt course were on which is unsustainable and it is just very dif...

Resolution. >> they say it increases spending-increases debt, raises taxes and never balances. the top republican for budgetary issues blasted the democratic plan. >> now we know why senator reid did not want to bring up a budget. the plan from the democratic leadership is a failed plan for america. it does not alter the debt course of america, has no growth component to it. it spends more and taxes more. reporter: but these budget resolutions only require a simple majority so there are enough d...

Budget cuts, they dont go into effect until next january, after election. so hard decisions are getting passed off post election. and we get it. >> i think the american people do get it. its a shameful thing. we didnt have a budget last year twasnt an election year. why didnt we? its tough work. its a hard job. its a great challenge. someone said, she came here to do something. she is preteared to take votes, tough votes, any kind of votes, change the debt course of america and the leadership of...

Each year? >> yes. in statutory law, there is a requirement that by april 1, the senate committee passes out a budget and we pass a budget and by april 15, an entire budget be passed. that has not been done for years now. its just unacceptable because really, when senator reid says its toolish to bring up a budget, hes really avoiding having his members have to confront in public -- not in secret meeting, but in public with votes the real issues that threaten america. its tough. i got to tell yo...

Would be foolish. our deficit per capita is $44,000 per person. thats greater than greece, greater than any other country in europe. its unsustainable and under the presidents budget that he just submitted a few weeks ago, it will go to 75,000 per person over ten years. so this is unsustainable, as every expert has told us. you would think a a party that wants to lead the senate would produce a budget. you are correct that paul ryan and the house team, im so proud of them. theyre going to produc...

Gregg: the budget which begins october 1st calls for a deficit of 1.33 trillion. he is, however, proposing to cut the deficit by more than 4 trillion over the next decade, half of that through spending cuts and the other half through tax increases. what is your reaction? >> thats totally incorrect. he is nowhere close to reducing spending and the deficit by $4 trillion over the next ten years. the preliminary numbers weve seen is it virtually has a diminimus reduction in the debt, virtually no d...