Page 16 - Debt Problem News Today

And debt problem and the key is the investments coming back into the u.s. encouraging exports, and the pass-throughs, all of the small businesses that are currently taxed at 39.6%, their tax rate would drop to 25. and small businesses invest every spare dollar they have in growth of their companies, which is jobs. it is sustainable and certainly, in western new york weve been devastated by the loss of the manufacturing jobs, which is what we need to come back. elizabeth: right. >> so i do believ...

Islands, also an american territory has been covered in glory. >> one thing we see in common here is that people who live in puerto rico and the u.s. virgin islands do not have the ability to vote in the general election for president and i think so its not only about the color of their skin, but the second class citizenship that is extremely unfortunate. i think that if they had a vote, if they had a sway in the electoral college, that would make a difference. puerto ricans living on the u.s. m...

To his base? what are your thoughts? >> this is trump. you saw him on the campaign trail and president hes always going to be counterpunching. i dont think its a move toward his base, i just think his reacting toward criticism of the federal governments response. >> but theres a sort of sense of racism in it, isnt there? would you agree? >> ive talked to the members of the congressional hispanic caucus. they said if puerto rico was a state, the response would be different. the perception is a re...

To vote in the general election for president and i think so its not only about the color of their skin, but the second class citizenship that is extremely unfortunate. i think that if they had a vote, if they had a sway in the electoral college, that would make a difference. the puerto ricans have a vote in florida, new york, anywhere else but in puerto rico, they dont. i think that also influences the presidents response in this case. but this is a much larger problem here as she says, a lack ...

But this is a much larger problem here as she says, a lack of empathy but putting blame on puerto rico itself. you have a debt problem and see how much we can do to help you. its incredible. >> the last word. >> the 1 million puerto ricans live in florida. its the largest population outside of the island at the moment, so we have to be the voice for the island. we have to be the voice and put the pressure on the administration and i believe that within the congressional delegation and the senate...

Yesterday. but what was really striking is how he approached his twitter feed early this morning with a series of tweets where he calls out the mayor of san juan as you pointed out, and also suggested that somehow the people on the ground in the midst of this crisis may not be doing enough to help themselves. that strikes a nerve and is politically among the most tone deaf things the president has tweeted, because people are in a state of emergency there. they are needing resources and help. pue...

About what kind of, what we call reconciliation instructions, are necessary not just for tax reform, but for other kinds of things we need to make sure were getting the budget trajectory heading the right direction. whats the purpose of this budget, get us on a path to balance, get working on our debt problem, which is a long-term problem, rebuild the military, and then put the kind of tools in place so we can maximize economic growth. the crown jewel of growing this economy -- regulatory relief...

Reconciliation structures are necessary not just for tax reform but other things we need to make sure we get the budget trajectory heading in the right direction. whats the purpose of the budget? get us on a path to balance, get working on the long-term debt problem, rebuild the military and then put the kind of tools in place to maximize economic growth. the crowned jewel of growing this xheconomy, regulatory reli. tax reform. its critical to get 3% economic growth, higher wages, to get people ...

How much we can assist the pentagon and the military. not a question of more resources for the military, just a question of the degree of how much more resources we can dedicate to the military. thats what the big debate is about. then well have the debate about what kind of -- what we call reconciliation is necessary not just for tax reform but other things we need to make sure we get the budget trajectory heading the right direction. the purpose of this budget. get us on a path to balance. wor...

Take a look. >> you have said that the foundation of your budget is 3% growth. and i have looked every which way at how you might get there, and you cant get there. its not only a myth, its frankly a lie. >> this is just one of the problems, of course, critics are citing with this budget. simple question, is this budget feasible? >> well, you know, the house originates revenue -- or spending in the divided government that we have, so i think the presidents budget is a suggestion that will be tak...