Page 52 - Debt Problem News Today

Opportunity to serve. i think the potential is virtually unlimited in terms of the future of this nation and what we can accomplish and what we can achieve. by the same token, im very concerned about some of the problems i see out there today. i think this long-term debt problem is enormously important. i sense also that it is important that we not, a we try to deal with the deficit problems, lose sight of our nations security. i happen to think thats our number one responsibility as a governmen...

Concerned about the problems we see today. this long term debt problem is important. i sense also that it is important that we not as we try to deal with those deficit problems, lose sight of the importance of maintaining our nations security. i think that is our number one obligation and responsibility as a government. i worry in this rush to get our deficit problem solved, which is very important that we will end up in a situation where the defense department in effect bears the burden rather ...

Time and i think thats what will happen. the house up cans will start taking elements of simpson-bolls and others that were laid out in the super committee meetings and start to move it through the house and send it to the senate so if theres no progress on this its on harry reid and the democrats. where it really belongs is on president obama. hes the president of the united states. he should be leading this process. he should be -- he says hes very engaged in helping settle europes debt proble...

Time and i think thats what will happen. the house up cans will start taking elements of simpson-bolls and others that were laid out in the super committee meetings and start to move it through the house and send it to the senate so if theres no progress on this its on harry reid and the democrats. where it really belongs is on president obama. hes the president of the united states. he should be leading this process. he should be -- he says hes very engaged in helping settle europes debt proble...

Times" has a point. i think the exact opposite. the way to fix the debt problem is not with higher taxes and cutting the military, its to grow the economy. how do you grow the economy, in my opinion, tax reform. lower rates, fewer deductions, more revenue to the treasury. better economy. >> well look forward to hearing more of those nuggets of wisdom at 9:20 on "varney & compy". >> athat time, well see what happens. >> gold nuggets of wisdom. >> you think its going to go down. >> im not sure. >>...

Downgrade for now but fitch has said maybe were going to put you on a negative outlook. that would mean a 50% chance of a downgrade at some point in the future because you have a whole year before these automatic cuts go into effect. a whole year in which our finances are probably going to deteriorate even more and our willingness to attack the problem is again under question. the downgrade is not cleared up by any means. >> so lets talk about the downgrade. im only kidding. lets do this. how ab...

in libya. the national criminal court wants him on charges of humanity. police arrested him on sunday while he was allegedly making a pipe bomb. authorities say he got bomb-making instructions from a website linked to al qaeda. those are the top stories. "world business today" starts right now. good morning from cnn london. >> and good afternoon from cnn hong kong. im andrew stevens. the top stories this monday, november 21st. >> its a landslide victory for their political party. >...

and a reminder tomorrow night at 8:00 p.m. is our debate. ill be back tomorrow at the same time, but for now, jim costa is next. nice to see you in person. >> this doesnt happen very often, but nice to see you. im jim aacosta. lets get you up to speed on this november 21st. after months of talks the congressional supercommittee is expected to announce today it simply cannot agree on a debt reduction package. everybody is pointing fingers on what caused the mess. well explain that on ca...

im wolf blitzer, youre in "the situation room." were live here at constitution hall, here in the nations capitol, where in just a little bit more than 24 hours, the republican presidential hopeful will face off for the first time in a major debate on national security, foreign affairs and the economy. he will be mod rating the event co-sponsored by the her kaj foundation and american enterprise institute. on the eve of this critical contest an eye-popping shift? the republican con taft...

engines! >> road rage. nascar crowd boos the first lady before the last race of the season. this is your "am: wake up call." and good morning to you. it is monday, november 21st from the time warner center in new york, im carol costello. an accused terrorist behind bars in new york city this morning. 27-year-old jose was a u.s. citizen who was taken into custody on saturday and arraigned late last night. hes accused of building homemade bombs and plotting to plant them in police ca...