Page 24 - Debt Issue News Today

Have we had so many veterans coming back with traumatic brain injury, other kinds of stress syndrome, problems with tstb. those kinds of issues are very much on peoples minds. plus job creation. if theres one issue on peoples minds today, even more important than the debt, connecticuts or the nations, it is creating jobs, growing the economy. ultimately that is also a way to solve the debt issue. >> tom? >> i couldnt agree with you more, senator, in terms of where the country is and what has bee...

Requires all tax bills originate in the house of representatives. how do you get a tax increase in that top tax bracket out of a republican house of representatives? >> i think the american people have strong feelings about this, lawrence. and that will enter into this discussion. but if were going to have a serious and adult discussion about how we deal with this long term debt issue then certainly that has to be part of the discussion. all the cuts, with all the cuts the republicans are talkin...

That top tax bracket out of a republican house of representatives? >> i think the american people have strong feelings about this, lawrence. and that will ent near this discussion. but if were going to have a serious and adult discussion about how we deal with this long term debt issue then certainly that has to be part of the discussion. all the cuts, with all the cuts the republicans are talking about they are virtually wiped out by the continuance of these high end tax cuts so they would trad...

Republican house of representatives? >> i think the american people have strong feelings about this, lawrence. and that will ent near this discussion. but if were going to have a serious and adult discussion about how we deal with this long term debt issue then certainly that has to be part of the discussion. all the cuts, with all the cuts the republicans are talking about they are virtually wiped out by the continuance of these high end tax cuts so they would trade all the cuts they make and a...

On the issue of debt against extending unemployment. that is a remarkable -- >> its not -- >> so senator jim bunking was setting the way? >> i understand. the way -->> there is a difference. >> what im saying -- >> no, you cant have unemployment. >> is that how the democrats -- >> i know. >> it should be clarified. >> thats how the ads will play. despite the fact that the republicans are going to be on tv in re-election, nonetheless, the republicans think that the debt issue is so strong that it...

On the issue of debt against extending unemployment. that is a remarkable -- >> its not -- >> so senator jim bunking was setting the way? >> i understand. the way -->> there is a difference. >> what im saying -- >> no, you cant have unemployment. >> is that how the democrats -- >> i know. >> it should be clarified. >> thats how the ads will play. despite the fact that the republicans are going to be on tv in re-election, nonetheless, the republicans think that the debt issue is so strong that it...

>> okay, lets talk about the national debt. its clearly out of control. we had the third largest single day increase ever, more debt in one day than we had in all of the year 2007. so, elliss, im going to give you the first chance to talk about it. tell me why the debt under obama is a good thing here? >> governor, debt is not an inherently bad thing. when you have a house mortgage, didnt that allow you to do things-- >> higher than my income. >> i bet your house mortgage was more than you made ...

Weve come a long way though. first you have to remind people where we were 18 months ago and how much progress weve been made then hes talking about where were going to go. in terms of national hraoeudzing -- national eyeing, the president didnt nationalize the automotive industry he saved it. hes a pro-business friendly president. hes focusing on proving the -- improving the economy and we have to come together on a long term structural debt issue. patti ann: okay, pete many republican conserva...

Currency? >> partly. one of the reason they have resources around the world in dollars is held the currency flat for two years. so thats one reason why they have so many assets in general. but also, the banks are more subject to direct state guidance on whether they loan or not loan and so if an impulse starts they have ways to stop it. >> go ahead. >> one of the things that the president is trying to pitch now is that hes going to increase exports. and one question that you have to ask is, whos...

She annika roll brown were biopsy twins in the white house. on the other issues welfare reform and fiscal policy and terrorism, i would peg her as moderate. >> sean: we new numbers out today. cbs news reports 41% of u.s. children are now born to single mothers. we have a new record food stamps, 40 million americans, 1 in 8 on food stamps. heritage foundation report 1 in 5 rely on government for daily housing, food and health care. >> this is what we are seeing in greece. where this kind of level...