Debt Path News Today

not demonnize the youth, and instead suggests finding more places for them is spend time. fired up on this, well be joined live coming up. >> i truly believe they were there to kill me. so faced with this, i did what i knew i had to do to save my life. i stabbed that man in self-defense. but when the police came, even though i was injured myself, i was placed under arrest. >> it was hard to believe what my son looked like. face was beaten, open and shut case. and bragg is moving the ca...

Economies. as the deadline to raise the dead ceiling nears, president biden refusing to negotiate with republicans, dismissing their efforts to tie a vote to spending cuts. econ panel, steve moore, and robert wolf. all right, sometimes you guys agree, i dont think this is one of those times. lets just start there. but steve, to you first, what should be done here? what is the responsible thing to do? as an economist, what should we do as a country? >> well, i think every economist agrees that th...

Bringing that, additions to the debt down. they would preside over a large increase. she hasnt put a penny toward actually dealing with the unsustainable debt path we are on. >> finally, as donald trump is taking the stage and will be join i joining -- if he says things that are new and different well join that shortly. first of all, what about his claim that he can grow our way out by increasing -- an increase in the gdp, not that he framed it correctly, but grow the economy so we dont have the...

What were witnessing right now is a method of last resort by house republicans? you guys feel this is the only way by which to get your way, correct? >> this is the only way that we can preserve the country that it took centuries for our fo forefathers to build. greece is further down this debt path. they have 27% unemployment. cyprus is further along this debt path. recently they seized as much as 60% of the monies in the savings and checking accounts. i mentioned the presidents own comptroller...

Spending and skyrocketing deficits. the real question, does any budget stand a chance of passing? steve moore. steve, this is enough of a difference of ideas that maybe this one gets through? >> jenna, first of all, hats off to paul ryan. this is a guy who i think heroically and taking on these enormous enlightment programs and enormous debt grown by five trillion dollars over the last four years. he is not a popular guy in washington right now because he does want to cut back on some of these s...

Rhetoric matching the results. look out at your budget, pain 58, analytical perspectives. you say that this is your budget, says that the governments position gradually deteriorates that our fiscal condition deteriorates. these are your numbers. >> what it shows, mr. chairman -- >> your debt path. >> shows exactly what i said. >> our government is making promise to americans that it has no way of accounting for them. and so youre saying yeah were stablizing but were not fixing it in the long run...

More providers to drop the medicare patients. 15% by the end of the decade. 40% after that. theyre saying well just stop seeing medicare patients. so we think obamacare, does more damage to current seniors. we repeal the rate of the program. we repeal the rationing board. keep the program intact for current seniors and do that if we reform it for the next generation. we want to use the ideas that work. prescription drug benefit which work just like what were talking about for the 54 and below cr...

Tell us about those? >> first of all, if you pull this up, look at our current path. this is the debt path we are on. we are literally going to have a massive debts crisis, which will pull down our economy. what is the big driver of the debt? thats the second charlt. thats -- chart. thats the entitlement -- medicare, medicaid and social security. what the numbers tell you, our health care entitlement programs created in the 60s are the biggest drivers of our future debt. when these programs were...