Page 13 - Debt Issue News Today

Even with the successful people. its contrary to the american dream. it will not do anything to address our revenue issue and our debt issue. david, how can you support this? >> david, just a moment. you and sean both agree, and i want to join you in this, we need to do something about spending in this country, its out of control. we need to limb the size of government. if you truly believe these things, then you say its not just about imposing damage on the middle class, the poor who rely on so...

There is a feeling that boehners got room among conservatives to make a deal, maybe fold on the rates issue, let them go up if he can get this medicare deal. thats still a big question, as the chairman says. whether there is a big deal to be had in terms of actual medicare cuts that will be good enough for republicans to say okay, we can take some tough medicine on tax rates because were getting kind of a bigger deal. but i think for the president, he has an opportunity here to own the debt issu...

Time after time on the appropriations bills and the farm bills that have the important earmarks, the terrible and egregious subsidies which i have opposed all along and i am sure grower has been well aware of that. >>neil: he has in conversations, he has said that but what concerns him is that republicans seem to be running around with the tail between their leg after the election and acquiescing on revenues and letting the democrats stream roll them and he says they will pay in two years. do yo...

Im excited that the united states of america, were going to take care of our debt issue and you look at the opportunities in energy, not only natural gas, and what were finding in the plain states in oil. three years from now -- >> we could be. >> three years from now, the united states is going to be up here again and all the people saying that china is going to overtake us and india and brazil, theyre going to look as foolish as they did when they said japan was going to do it in 1989. that is...

That. >>neil: i think, congressman was one of the few who address the debt clock, maybe not the way some republicans would like. he joins me now. i have to say, congressman, it is amazing, with the exception of you referring to it, how few of your colleagues spoke to it. >>guest: i beg to differ on that. i mentioned it and president clinton talked about the deficit and the debt issue, he pointed out, really, what i pointed out, weapon he left office we actually had projected surpluses for a long...

The president recognizes more than anybody else that millions of americans continue to struggle. after all, when he came into office 800,000 americans were losing their jobs every month. were digging ourselves out of that hole. you know that with had 23 months of positive job growth. so the question is, whats next? and why we would ever want to return to the same setup house is to create the investment to begin with. nobody really knows and thats what romney is proposing. >> why is it that this ...

Knock it out of the park? >>guest: yes, president clinton will lift everyones spirit. he was a good president. an economic balanced budget president. and president obama, i believe, has been a very good president and we will get re-elected. you watch. >>neil: you are always a class act regardless of what people say in a heated race. they are ready to kick things off on the floor here, this debt issue will come up and a last other things will, as well. outside the virginia delegation right now, a...

Deficit? romney. he has some strengths there. republicans are seen as better on the debt issue. that makes sense. >> but you saw last night, there are a lot of problems with paul ryans speech last night. lies, misstatements, but the thing -- >> whats the biggest -- lies a hard word, but which one fits that category? >> i think the the story with the plant in janesville is the most concrete as a misstatement. but the bigger, misleading thing is all the jazz hands around medicare. that goes to the...

That sounds pretty dog gone good we asked my daughter to do the same thing, that she didnt just go out until dad checked him out and yet, you were accused of what, trying to manipulate your children? >> trying to manipulate our children, and doing all sorts of things, when in reality what were trying to do is what were doing is preparing for them, and in the process, what youre doing allowing questions and how will you handle children and what kind of a debt issue do you have, and a practical qu...

>> neil: ed henry on how the white house is responding to hypocrisy charges. how is the white house going to handle this? >> they would much rather talk about their allegation mitt romney was outsourcing at bain capital, enabling them to make the election a choice instead of a referendum on the presidents record. jobs and the economy. on the dead issue -- debt issue, the pushback is the president, during debt ceiling talks, locked in $2 trillion long term in deficit reductions and like to point ...