Debt Likelihood News Today

>> well, its as if our approach is draconian or something. what our budget does is growing spending on average by 3% a year for the next ten years versus presidents obamas approach which is to grow spending by 4.5% over the next ten years. were not really cutting spending, were simply slowing the rate of increase. to your earlier question, can you cut spending without jeopardying the economy the answer clearly is yes. if we fix the programs that are the drivers of our debt we reduce a debt likel...

Were talking about an opportunity to own a home, to have an education for your children. these are things unfortunately cut by pauls budget in the house of representatives. that is not the approach to grow the economy and tame the deficit. >> chairman? >> well, its as if our approach is draconian or something. what our budget does is growing spending on average by 3% a year for the next ten years versus presidents obamas approach which is to grow spending by 4.5% over the next ten years. were no...

Says, and i agree is, dont eliminate the basic things that middle-income americans need to succeed. were talking about an opportunity to own a home, to have an education for your children. these are things unfortunately cut by pauls budget in the house of representatives. that is not the approach to grow the economy and tame the deficit. >> chairman? >> well, its as if our approach is draconian or something. what our budget does is growing spending on average by 3% a year for the next ten years ...