Page 64 - Debt Problem News Today

obamas starting point proposal for peace between israelis and palestinians. >> while israel is prepared to make generous compromises for peace, it cannot go back to the 1967 lines. because these lines are indefensible. >> appalling and indefensible. but are they insolvable equations? today, the congressional impasse over taming a ferocious u.s. debt with the senates number two democrat, dick durbin. mid aeft promise in peril with leaders of the intelligence committee. chairman mike...

There, said ron utt, a senior fellow at the heritage foundation. given the high price it is now and the tremendous debt problem we now have, by all means, sell at the peak. why not? asks chris edwards, director of the tax policy studies at the cato institute. i think it shows the government is getting serious about reforming itself. when asked about b the idea of selling off the contents of ft. knox, a senior administration official responded by saying, selling off the gold is just one level of ...

Beltway. talking about the ft. knox gold, quote, its just sort of sitting there, said ron utt, a senior fellow at the heritage foundation. given the high price it is now and the tremendous debt problem we now have, by all means, sell at the peak. why not? asks chris edwards, director of the tax policy studies at the cato institute. i think it shows the government is getting serious about reforming itself. when asked about b the idea of selling off the contents of ft. knox, a senior administratio...

Some question whether its time to start holding its holdings of gold at ft. knox as well as other assets. republican candidate ron paul thinks its a good move as well as the heritage foundation. an analyst at the heritage foundation says given the high price it is now and tremendous debt problem we now have, by all means, sell at the peak. so the question for the stream team is should they lick question dade assets to pay off the debt. patty is the president of mmi public relations. mark skoda i...

as many as 850 people. we will have much more on this in 20 minutes from our senior white house correspondent ed henry. now, i want to show you an x ray like none you have never seen before. take a good look at this. these are people crammed into a tractor-trailer in mexico. they shouldnt have been in the trailer nor in mexico, nor in the united states. where this rig and another like it were allegedly headed. they were stopped yesterday in the southern state of chiapas. 530 migrants...

Back here in the united states, today senate democrats debate a bill to end tax breaks for bill oil companies, breaks like $1.7 billion a year to keep factories in the united states. democrats say an industry that made tens of billions of dollars in profit necessary just one quarter does not need any tax breaks, especially when the united states has a giant debt problem. last hour, i asked the senior tax adviser for the american petroleum institute about that idea. >> we do make large profits be...

To debate a bill that would end tax breaks for big oil companies, $1.7 billion a year to keep factories located here in the united states. an industry that reported trillions of dollars in one quarters doesnt need any breaks when the united states has a giant debt problem. dana bash on capitol hill. dana, is there a possibility that this thing might pass? >> reporter: well, it is very unlikely. whats going on here, carol, is democrats are trying to capitalize on anger about gas prices and trying...

Complicated. it is not. if you have a debt problem at home first thing you do cut up the credit cards and look where you stop spending that is what we have to stop doing if were going to be fiscally responsible and be a bastion for free markets. jenna: always nice to have you on the set. mark matson. jon, have you cut up your credit cards? jon: i definitely should. thanks, jenna. some new developments to bring you from the battle still raging in libya. government forces today shelling the port o...

If you do, either spending contributes to it or it doesnt. republicans rationally believe yes, spending is contributing to the debt problem. we only had as a country three of these pressure points you talked about, rowland, the 2011 budget, the debt ceiling and now the 2012 budget. i suggest we not hold it hostage, and i dont think they will, well be left with only one negotiating point left, the 2012 budget and not another thing left to show for it. >> youre right on one point, and that is you ...

The tea partys got everybody talking about spending, but if you cant reach agreements on social security reform, medicare reform, other specific cuts, do you then take the next step and say were going to -- >> first of all, there is no magic bullet. in essence, you cant solve this debt problem america faces with one solution. theres not a magic bullet. a series of reforms have to happen. what im saying and what i think others are beginning to think, including many in the democrat party, is now a...