Page 35 - Debt Problem News Today

Solve our countrys debt problem, frankly, revenue problem. as you can see from this chart, real revenue growth is critically important, as long as real cuts in spending, if were going to solve our long-term fiscal problem. as i said five weeks ago, the election wasnt a mandate to raise taxes on small businesses. it was a mandate for both parties to work together, to take on the big challenges that our country is facing. republicans are ready and eager to do just that. we made a reasonable offer....

Weekly briefing. >> the president has not make a deal that meets those two standards but republicans have. his proposals have been anything but. he wants far more in tax hikes than spending cuts. and instead of trying to solve our debt problem, he wants new stimulus spending and the ability to raise the debt limit whenever he wants without tax cuts or reforms. its clear the president is just not serious about cutting spending. but spending is the problem. how big a problem? well, look at this ch...

Us out of there alive, and we thank you danny for doing that. what a story. thanks for being with us. i hope the rest of your whole holiday season is a lot calmer and peaceful and thank you so much. take it easy, good to have you with us. >> thank you. martha: bye-bye. bill: clearly shaken. so republican house leaders just wrapped up a news conference a few moments ago and house speaker john boehner saying the white house plan raises taxes, does not tackle spending, does not get at that enormous...

Send the economy over the fiscal cliff, and around the capitol theres largely the sound of silence as the white house and congress try to work out a deal behind closed doors. the president has no public events on his schedule. and all through the house, not a creature was stirring except, that is, for john boehner, who emerged to gavel the house into session this afternoon after a weeks recess with his trademark holiday cheer. >> washington has a spending problem. now, the president doesnt agree...

Than people have been talking about. it all adds up to around $4 trillion worth of deficit reduction. the plan also reforms social security to raise the retirement age and raise the maximum amount you can tax. and for the middle class it would turn mortgage into a 12% tax credit. co-author of the plan alan simpson said on cbs "face the nation" theres no easy way out of this debt problem. >> not a single economist who talked to us in our hearings said we cant grow our way out of this thing if we ...

>> >> judge jeanine: that was president obama during his visit with a middle class family this week. so does the middle class have reason to stress? back with our stellar panel. all right, guys. you know, one thing about barack obama, he is an excellent speaker. he did this whole thing about the life of julia. remember that one? and it seems like the campaign never ends. when he talks he caulks about christmas and families and stress. i want to call up assad here of john boehner and i want you t...

>> >> judge jeanine: that was president obama during his visit with a middle class family this week. so does the middle class have reason to stress? back with our stellar panel. all right, guys. you know, one thing about barack obama, he is an excellent speaker. he did this whole thing about the life of julia. remember that one? and it seems like the campaign never ends. when he talks he caulks about christmas and families and stress. i want to call up assad here of john boehner and i want you t...

>> >> judge jeanine: that was president obama during his visit with a middle class family this week. so does the middle class have reason to stress? back with our stellar panel. all right, guys. you know, one thing about barack obama, he is an excellent speaker. he did this whole thing about the life of julia. remember that one? and it seems like the campaign never ends. when he talks he caulks about christmas and families and stress. i want to call up assad here of john boehner and i want you t...

Middle class taxpayers and negotiate over ways to raise revenues. its a no brainer. he should do it. i dont see whats stopping him now. "the new york times" writes in a private meeting between boehner and house republicans, members after member spoke in support of him in some cases saying a deal they would have rejected six months ago would be taken today. he has support of fellow republicans, but what kind of deal is acceptable to them through speaker boehner? >> they have been clear, they wa...

Marco rubio is right. he hit on the one world that can do something to solve the problem. growth. the only bay we bail america out without going over the fiscal cliff. the only other way is to bring growth back into the economy. 1 and a half to 2% growth will never fix the problem. we need 3, 4, or 5% growth. one more thing, ronald reagan coming out of recession had 8% growth rate. >> so the debate right now whether or not we would go back to that 39.6% tax rate on the wealthiest americans. howe...