Page 57 - Debt Problem News Today

President obamas jobs act. released by the conservative super-pac, american crossroads. lets take a look at the snippet that got clintons attention. >> the president proposes tax increases. $1.5 trillion. >> $1.5 trillion in new tax revenue. >> president obamas latest way is still the wrong way. >> i personally dont believe we ought to be raising taxes. it wont solve the problem. >> well, if you thought the former president didnt notice this cameo appearance, those people put the ad together wer...

The euro price is mounting at credit rating agencies are downgrading italy and spain, taking a hit, along with 12 u.k. banks but what is happening over there, is that to blame for our struggling economy here? >> biggest head wind the american economy is facing right now is uncertainty about europe. >> reaction now from a member of the european parliament, joining me now from brussels. i heard that yesterday, i said, boy, it was, blame bush for a long time but now it is blame europe. >> well, in ...

You raise the retirement age or means test? >> i think with people who are currently on the social security system, we need to keep that promise as it is. we have cant see those terms. people who are not yet on it, people dont realize how serious the debt problem is coming up. we will have to act fairly quickly. we need to act in conformity with the new longevity levels that we have. but also i think means testing is something at least for medicare that we may be looking at in the future. and so...

Cannot make a deal with these guys and i will start my campaign and i will put the heat on them and say they want to protect rich folks and i am looking out for the middle class. >>shepard: every opinion poll, whether republicans, independents, they all say the people are for raising taxes especially the millionaire people, they are for it and the president seems to be saying if you do not do something you will lose in the ballot box because you are not doing what the people want. >>chris: well,...

It wont solve the problem. >> well, if you thought the former president didnt notice this cameo appearance, those people put the ad together were mistaken. in response to his appearance in the ad, clinton said, "the advertisement implies that i opposed the buffett rule. in fact, i support both the american jobs act and the buffett rule. i believe that its only fair to ask those of us in high income groups to contribute to solving our long-term debt problem." well, there you have it. and later --...

People put the ad together were mistaken. in response to his appearance in the ad, clinton said, "the advertisement implies that i opposed the buff rhett fuel. in fact, i support both the american jobs act and the buffett rule. i believe that its only fair to ask those of us in high income groups to contribute to solving our long-term debt problem." "what i did say was that the buffett rule cannot solve the problem alone. reducing the debt requires three things, more economic growth, more spendi...

You raise the retirement age or means test? >> i think with people who are currently on the social security system, we need to keep that promise as it is. we have cant see those terms. people who are not yet on it, people dont realize how serious the debt problem is coming up. we will have to act fairly quickly. we need to act in conformity with the new longevity levels that we have. but also i think means testing is something at least for medicare that we may be looking at in the future. and so...

Out of default but kept the wall street banks get away effectively scot-free. they literally never paid for what they did to the country. those banks are back stronger than ever behaving just like they did before and making tons of money, which is why almost all of the t.a.r.p. money has been paid back because wall street is doing so great right now. one of the things theyre doing is that they are pouring money into the american political system to make sure the elizabeth warrens of the world ne...

Effectively scot-free. they literally never paid for what they did to the country. those banks are back stronger than ever behaving just like they did before and making tons of money, which is why almost all of the t.a.r.p. money has been paid back because wall street is doing so great right now. one of the things theyre doing is that they are pouring money into the american political system to make sure the elizabeth warrens of the world never get anywhere. their investment in scott brown last ...

A great depression and kept us out of default but kept the wall street banks get away effectively scot-free. they literally never paid for what they did to the country. those banks are back stronger than ever behaving just like they did before and making tons of money, which is why almost all of the t.a.r.p. money has been paid back because wall street is doing so great right now. one of the things theyre doing is that they are pouring money into the american political system to make sure the el...