Page 39 - Debt Problem News Today

In congress we will not let any bush tax cuts expire. i know the argument you cant fix the entire debt problem by raising taxes on the wealthy, but is there any way that you can fix this problem without doing that at all a? >> no. the prealthoureality is you hav something with the tax issues there. the compromised position have to be something where the two parties come together to deal with the issue. when you look at the combination of all theish issues in front os and the debt issues and the ...

>>neil: are you for that? do you think that rates for the upper income should be raised? >>guest: i think the national debt and the deficits we are facing are all of our problems. all of us add americans should participate. >>neil: i know that. i want to be clear. yes-or-no on raising some peoples taxes like the wealthy. >>guest: i think you have to raise revenue in order to solve the national debt problem. i think of an approach that buys in all americans is better than simply one group pitted ...

Away. and weve got to face up at some point, if you have an economic union, who is actually going to pay the price? >> so this video has come into us. its madrid last night. again, these are people who are protesting austerity measures. >> well, youve probably got about 50% youth unemployment in spain. >> oh, my god. >> that is something that cannot continue forever. youve got catalonia threatening to break away from spain now and asking for permission to hold a referendum or even about to hold ...

Them and pay off the retirees. >> brian: if it was a plan to grow the economy. that is much better than trying to hit lotto and hoping thalt president bails you out. >> you have to grow the economy. it is the answer to the debt problem. >> brian: heres where i think they are wropping. whether president obama pledges to do it or not it doesnt matter. if they were battle states he could let it go out x. if you get me in and i will help you out. they are not going anywhere. >> that is true. they wi...

Decade. with two and a half trillion coming from -- for every two and a half trillion in spending cuts he raises $1 in new revenue. and he has tight controls on future spending. that is the kind of balanced approached proposed by a bipartisan commission. now i think this plan is way better than governor romneys plan. first... the romney plan fails the first test of fiscal responsibility. the numbers just dont add up. i mean... consider this. what would you do if you had this problem, someone say...

Remembers it every time they see one of those ads and it turns into an ad to reelect barack obama and keep fundamental principles of personal empourmt to move everybody into job and to work as soon as we can. and now... lets talk about the debt. today interest rates are low, lower than the rate of inflation, people are practically paying us to borrow money. but it will become a big problem when the economy grows and interest rates start to rise. weve got to deal with this big long term debt prob...

Remembers it every time they see one of those ads and it turns into an ad to reelect barack obama and keep fundamental principles of personal empourmt to move everybody into job and to work as soon as we can. and now... lets talk about the debt. today interest rates are low, lower than the rate of inflation, people are practically paying us to borrow money. but it will become a big problem when the economy grows and interest rates start to rise. weve got to deal with this big long term debt prob...

Positive that had been as well, i was struck by how hard he took on the republicans for being obstructionists. this is something that delegates here say they wished the white house had done more of, but which barack obama has kind of, you know, shied away from a little bit, reminding voters of just how many times the republicans have stopped barack obama from doing the kinds of things he wanted to do. but bill clinton went straight for it. >> bill clinton countered issue by issue, the core repub...

Decade. with two and a half trillion coming from -- for every two and a half trillion in spending cuts he raises $1 in new revenue. and he has tight controls on future spending. that is the kind of balanced approached proposed by a bipartisan commission. now i think this plan is way better than governor romneys plan. first... the romney plan fails the first test of fiscal responsibility. the numbers just dont add up. i mean... consider this. what would you do if you had this problem, someone say...

Rate it is higher than it was in 2009. where is america today? america with a debt problem with $16 trillion which i think is the number one problem we are hurdling off a cliff. in the 3 and a half years that president obama has been in office not a single debt plan he has put on the cabtable on pape. that significantly resinates in the way that we have not addressed our long-term fiscal problems which threatens us. >> lets talk about that debt. supposed to hit the 16 strl dollar mark. could hap...