Page 70 - Debt Problem News Today

Lot and you have heard it, too, a lot of of back and forth in front of the cameras and the podiums and the microphones trying to pitch this to the american people if you will who to blame, but we are also hearing at the meeting speaker boehner said that this is the number. the president agreed. why is that not the end of the discussion? is that understanding of what happened? >> well, this is the amazing thing. say we cut $6 $61 billion which what the republicans posed in the house, that is 2% o...

What do you make of where michele bachmann is on this, versus where mike pence is. it seems like theyre not in the same place. >> i think theyre both pretty much in the same place. we want to see some serious real cuts in government spending. we have a huge debt crisis. how do you get to a debt crisis, you get a lot of debt, we have to do something about it. we want to see some serious cuts. if the serious cuts happen, then let government run on. but if its going to be business as usual in washi...

Versus where mike pence is. it seems like theyre not in the same place. >> i think theyre both pretty much in the same place. we want to see some serious real cuts in government spending. we have a huge debt crisis. how do you get to a debt crisis, you get a lot of debt, we have to do something about it. we want to see some serious cuts. if the serious cuts happen, then let government run on. but if its going to be business as usual in washington, a lot of folks say, the heck with this, shut the...

You represent that tea party group which is the for profit tea party. what do you make of where michele bachmann is on this, versus where mike pence is. it seems like theyre not in the same place. >> i think theyre both pretty much in the same place. we want to see some serious real cuts in government spending. we have a huge debt crisis. how do you get to a debt crisis, you get a lot of debt, we have to do something about it. we want to see some serious cuts. if the serious cuts happen, then le...

Isnt deficit reduction. its really what would be the greatest transfer of resources in modern american history by an act of the government from the bottom part to the top part. >> you know, its ironic, because the republicans always talk about redistribution of health. you dont get it than this, except its gone right up to the rich. dana, lets talk about a washington reaction. theres so many people saying this is a wonderful, serious plan. is this washingtons idea of a great discussion? redistri...

Fix this countrys problem. look, we have a huge debt problem. weve got a big spending problem. we need the economy to grow, so were trying to tackle those problems here. under control. i worry that this is nothing but politics up here these days. but we got to get through that. we cant have a bunch of politicians up here yelling at each other pointing fingers. we need leaders to come up and tackle this countrys challenges. if we keep kicking this can down our road, our children are going to inhe...

Youre not going to be able to change it for our kids going forward. >> bernard, another big battle ahead, the debt ceiling. secretary geithner saying the u.s. will reach the debt limit no later than may 16th and we could start defaulting on our debt. how quickly does this need to be taken up and will this be the toughest fight yet to come? >> i think as soon as we get a budget deal, that is what we have to deal with. as terrible as our budget deficit is, the one thing that would be worse is if w...

House, did not offer -- or pass the budget, but our senate democratic colleagues still have not. they offer one short-term spending dial and it got less votes than the house bill that passed originally, house resolution number one and that said, i would say clearly, it is important -- the one i want to vote for is the one the house passed and weve voted for that and it got more votes than the democrats have proposed. but, ultimately, how we spend money the next six months is important and how we...

House, did not offer -- or pass the budget, but our senate democratic colleagues still have not. they offer one short-term spending dial and it got less votes than the house bill that passed originally, house resolution number one and that said, i would say clearly, it is important -- the one i want to vote for is the one the house passed and weve voted for that and it got more votes than the democrats have proposed. but, ultimately, how we spend money the next six months is important and how we...

Not offer or pass a budget. in fact, our senate democratic colleagues still have not. they offer one short term spending deal and it got less votes than the house bill that passed originally, the so called house resolution number one. that being said i would say that clearty it is important, the one i want to vote for is the one the house already passed. we voted for that and it got more votes than what the democrats have proposed. how we spend money over the next six months is important are but...