Page 7 - Debt Level News Today

Oddly enough, $5 trillion . national debt in essence is attributable to the wars in the middle east the last 16 years. thats a different conversation. but weve got to look at what are those fundamentals that are driving us to a higher and higher debt level and weve got to do something to put the brakes on it. so, the idea of clean without addressing the core issue of how youre building up that debt to me doesnt make sense and i dont think it makes sense to the number of conservatives as well. >>...

Hill. can the general convince congressional republicans to trust him? because what weve seen from president trump, he becomes very eradic and very vengeful. we have seen him go after republicans at times because of his anger and not for strategic reasons and that is going to be key. and will the general be able to take telephone calls and be willing to take telephone calls from members of congress at any hour of the day on every subject, because that is the key to the trump presidency, moving f...

Has diminished and productivity has been weak, you can see what weve been growing at. and this tax cut is not going to bring us to 4.5%. no way, no how or even probably to 3%. >> do they know that? are they being disingenuous? >> yeah, somewhat disingenuous. even republican economists under president bush said at best tax cuts pay for about a third of themselves. thats what the math works out to be. lastly, if you take a look at whats happening to the debt under this plan, you can see if you use...

Qualified. she has support of both republicans and democrats. we need to do this this week. the good news is we also have agreement on the human trafficking issue, something that democrats and republicans have been very strong about. its unfortunate that womens reproductive rights again got tied up in the issue that should not be addressing womens reproductive rights. im hopeful that we have an agreement that people can support. >> reporter: hillary clinton is here. shes still talking to student...

Down almost 50%. why? because their politicians moratorium sensible than ours, they acknowledged their spending was going to eat their future. >> in mid 90s canada finance minister said were in debt up to our eyeballs, that cant be sustained, their debt level was as bad as ours is today almost 70% of their economy. >> i was growing up in canada people on un. insurance were said to go in pogey, you could work 8 weeks taking year off, curling playing hockey. john: play hockey all year. >> oh, yeah...

Beginning where you guys agreed with each other, look, the thing is, the long-run fiscal challenge facing the country we have known about for a long time is rooted absolutely in the aging of the population and the growth of health care costs. we have got good news about that. the congressional budget office report is saying our debt to gdp ratio is shrinking and the government spending and deficit are falling faster than they either have ever fallen or possibly with one exception of the year tha...

Weve known about a long time. and the growth of health care costs. the congressional budget office report is saying our debt to gdp ratio is shall rimpgs. the deficit are falling faster than they have either ever fallen and the debt to gdp ratio, our debt level is not going to return for more than a decade. shutting down the government and threatening that we might have to default on either domestic obligations or on the bonds is a total cull one to craze noun. thats going to tank the economy

I mean, why didnt the republicans say, look, the country doesnt like debt. nobody likes debt. they dont like deficit spending. nobody likes it. were going to do something about it. instead they went after the baby. the one thing he will never give up on. they say screw you. to me thats not negotiating. i dont think. >> no, youre right, chris. and in fact, you can see theyve abandoned that. theres no talk on the health care act at all anymore. they should have fought on debt. and right now theyre...

This is going to continue. this inability to think large and not go for the other guys below the belt. i mean, why didnt the republicans say, look, the country doesnt like debt. nobody likes debt. they dont like deficit spending. nobody likes it. were going to do something about it. instead they went after the baby. the one thing he will never give up on. they say screw you. to me thats not negotiating. i dont think. >> no, youre right, chris. and in fact, you can see theyve abandoned that. ther...

Very often it is women this rely on social security. they live longer. >> my grandma. >> perfect example. widowed at a young age. she depends on this. >> you spent the first half hour talking about compromise, getting things done, solving problems. >> yes. >> arrive at the part of the program in which the -- thing thats on the table for solving problems is this -- change the calculation of chain cpi. people worried about long-term deficits and our debt level like it is because it essentially bui...