Debt Numbers News Today

America reports. John caitlin, thank you and waiting to hear from former President Trump any moment now from Golf Course in Southern California just outside of Los Angeles. s remarks, head of a private fundraiser in the Bay Area as he tries to make inroads in a state that has always been democratic stronghold. I am John Roberts and seen out of the place that you would love to be on a Friday Afternoon. Sandra brought that back out but soundtrack in a camo hat. Okay, it looks like we are getting c...

The chief operating officer of scottish power said the size and scale of the problem has gone beyond what he and the industry can deal with. im hugely concerned for people, massively concerned, you know, and, for anyone out there, theres so many people are going to struggle, really, really struggle with this issue and were seeing the start of that with our customers last week, and wed set up a new line for people to contact us. we had 8,000 calls last week alone for people coming through on the ...

Here. this data showed 11% of student debt was more than 90 days late or in default. thats the most for any loan type or double levels from 2004. the average per student was manageab manageable. the problem is, the growing number of people with really huge, exploding debt numbers. and a big problem in the student debt arena, they take a year off between, because they dont have enough money to get through the next year and they dont go back, or theyre taking too long to graduate and theyre wracki...

Being for or against certainly ideals i stood for for 25 years. i think what he gets at there is right. which is people need to speak out where they can and where appropriate to say i disagree with some of the crazy show. >> right. which youve done. >> right. >> i mean its fair to say you would say lets -- you do you agree make it known i dont condone the hate speech. >> completely. >> you have -- youre considering a primary challenge to trump, okay. are you going -- whats going to make you make...

President trumps added $4 trillion to the debt since trump took office and discongressional spending has surged 24% under the president. >> lets talk about the budget and how it reebtly has been passed could impact americans when you talk about these staggering debt numbers. >> sure. how this will impact every day americans has yet to be determined. congress has passed this bill but have yet to decide who gets how much money and how is it going tos be allocated. it is sort of like getting a rais...

They need a victory here and theyre aiming to get this done by the end of the year. >> you talked to republicans in the house and senate that have been concerned about the deficit for years. how much concern do they have about that now given that the white house and the administration hasnt given any clarity about how to make up for the lost revenue? >> good question. one of the things that i had a piece in the wall street journal that a lot of them had seen that said if we dont get this growth ...

Doing something. you often argue that japan didnt do enough in terms of stimulus. i want to show you japans debt to gdp. i guess if this isnt enough, than what is? look at what they spent, it paved every roadway and highway that you could find and it went from 60% debt to gdp to 250% and still it didnt. >> be careful here because thats is gross debt and the central bank is a smaller number actually. >> i have seen the debt numbers. >> it is still under 40 smog still rather large. the answer, two...

Activity around reducing the deficit. >> it seems that peer were damned if we do, were damned if we dont. if we fail of taking care of the fiscal crisis, investments will cut their investment. if we succeed in doing fiscal crisis and taking care of it, this article suggests that businesses will be concerned because we will have, you know, taken medicine in the form of tax increases and taken medicine in the form of spending cuts. >> but they have clarity. >> yeah. first of all, business wants so...

>> well, if we start with the mid-20th country incomes were becoming more equal as the economy was booming, 50s and 60s from about 1934 through 1979 we saw incomes become ever more equal in the united states. that reversed after 192379. incomes became more unequal, steadily more unequal. and i think the debt numbers you cite reflect the fact that a lot of people are trying to keep up with the joneses by borrowing. >> right, the sense that i will go into debt to maintain my lifestyle and or pay f...

Get much worse going forward. only 1.1% on the gdp. we pull off this tightrope and go back on a double-dip recession. megyn: you have the white house coming out to speak to this saying we are rebound. we hit bottom when we took office in january of 09. they say as far as the debt numbers, they say it takes bipartisanship to get rid of those and the republicans are failed on that front. >> the irony for the president is as people move away from thinking about the economy in terms of crisis and th...