Page 2 - Debt Increases News Today

>> a lot of these entitlement issues really are issues for people who are 18 or 20 today. because when medicare is going to go completely broke, when benefits are going to be reduced for social security, when other entitlements go broke thats when people who are in their teens or early 20s now are 45 or 55 and also the national debt comes due. the fact that its gone to $17 trillion those interest payments continue the debt increases and they are the ones who pay it. >> emily you say -- republica...

Historically wrong. about half of all debt increases since 1978 had some strings attached or came in a bundle with other things. so thats just wrong. and then i also love, and some republicans fall for this where obama says, how dare you use the debt limit debate or the debt ceiling debate to talk about spending. if we dont immediately agree to spend more money, were not going to be able to spend more money. its nonsensical and the idea this gets reported by the media with a straight face. i thi...

Historically wrong. about half of all debt increases since 1978 had some strings attached or came in a bundle with other things. so thats just wrong. and then i also love, and some republicans fall for this where obama says, how dare you use the debt limit debate or the debt ceiling debate to talk about spending. if we dont immediately agree to spend more money, were not going to be able to spend more money. its nonsensical and the idea this gets reported by the media with a straight face. i thi...

Money. you pull out the clip from 2006 when he was a senator and he says its a failure of leadership to increase the debt limit again. we shouldnt do this. and that also tells you in 2006 the republicans were actually running the show. so whatever partys in power always wants to spend more. and they always -- they are like wimpy from pop eye, they want to eat the burger now and pay you next tuesday. we have been doing that for so long we have 100% of gdp, all economic activity in the kriuni stat...

Begin? >> i think thats the point were at. i think those who thought shutdown was a good idea have now learned its not a very good idea. in fact, its a dumb idea. we need to open the government for all the reasons sherrod was just discussing. a very short-term debt ceiling increase is not a real good idea because youre just pushing off the debate were having now to right before thanksgiving. i think what we should do is get the government back to work, set a fundamental framework where we could ...

Constructive movement. i thought it was very interesting yesterday when congressman paul ryan wrote an op-ed in "the wall street journal" in which he basically said to the president, mr. president, were in essence willing to raid the debt ceiling now if there is a -- if there are long-term spending reductions in entitlement spending, which is whats eating our lunch when it comes to the deficit. its going to get simply worse. and, mr. president, there are some areas where we can find agreement. w...

An economic shutdown. refusing to pay our nations bills. endangering american jobs. tell them to stand up to the tea party. enough already! breaking news to fill you in on. it was less than an hour ago that john boehner had asked to have a conversation with the president to talk about where they stood on the issues, willing negotiations about the government shutdown and raising the debt ceiling. minutes later, around 10:45, were hearing now from the spokesperson to house speaker john boehner, ...

Not-for-profit system. john: to new it would be so easy >> you know what to look at every other industrialized nation. john: you agree with the president. you want to raise the minimum wage more. john: if it kept pace with inflation will be $10.20. john: spend money to try to stop climate change. >> wait a minute. climate change is a fact. john: spend money to try to the reduced. >> we need to protect the global climate. this is the place for we live. finding new ways to use your technology that...

Not-for-profit system. john: to new it would be so easy >> you know what to look at every other industrialized nation. john: you agree with the president. you want to raise the minimum wage more. john: if it kept pace with inflation will be $10.20. john: spend money to try to stop climate change. >> wait a minute. climate change is a fact. john: spend money to try to the reduced. >> we need to protect the global climate. this is the place for we live. finding new ways to use your technology that...

Then they really want to direct everybodys attention away from the front and over here to the u.s. national debt clock. thats been running showing the current u.s. national debt. they are going to flip yet another switch and they are going to show us what is the debt from the start of the convention over the next few days. they want to be able to make that point. theyre calling it a compelling visual reinforcement of what they want this message to be, that it is an economic convention they want ...