Page 72 - Debt Problem News Today

Its called finally confronting the debt crisis. there are elements of the gop spending plan that cause me great concern. the belief of some on the right that america can balance the budget by cutting education, infrastructure, corporation for public broadcasting and home heating assistance to the poor is tantamount. those left wing cure alls wont solve the debt problem anymore than republicans slashing domestic spending. who has the guts to stand up and followthrough with them? >> i disagree som...

Not to mention state and local government budget and debt problem which is may lead to massive layoffs. so how are small businesses holding up? todd mccracken, president of the national small business association. chad is the president of pitch field ananal lit -- analytics, cameron johnson, entrepreneur and author. great to see all of you guys. todd, i want to ask you first -- lets talk about p gas prices now. from where you sit, are you telling small businesses you know what, plan for the wors...

Long-term debt problem. if people focused on the solutions for the long-term problem, that would be okay. but right now, theyre creating a lot of unnecessary fear. >> right. now look, weve got the economy picking up a little bit. the jeb numbers are pretty good. it looks like everybody agrees its going to take this dip, right? so whats the republican plan over the next two years. do you think theres a real plan for them to thinking that no, really, were going to get bigger and better jobs by 201...

Then. the republicans are saying were going to do these spending cuts. everybody says thats going to cost us more cuts. and the democrats are debating with them about how much to do in spending cuts which i dont think makes a lot of sense, but thats the direction theyre going. so how do we actually create jobs? >> well, private businesses are adding workers. theres probably two things here. someone that all of this talk of maybe not resetting the debt limit and maybe cutting billions of dollars ...

Lawrence, maybe not in this fight over how we finish the fiscal year, but weve got to get to the long-term debt problem. thats something that we all have to sit down and be grownups about, because we could cut every dime of highway, education, all of that, and still have a debt problem we have to address. i think everything has to be on the table. we have to look at everything. it doesnt mean we cut benefits to working folks or people on fixed incomes or people currently receiving social securit...

Lawrence, maybe not in this fight over how we finish the fiscal year, but weve got to get to the long-term debt problem. thats something that we all have to sit down and be grownups about, because we could cut every dime of highway, education, all of that, and still have a debt problem we have to address. i think everything has to be on the table. we have to look at everything. it doesnt mean we cut benefits to working folks or people on fixed incomes or people currently receiving social securit...

Fiscal year, but weve got to get to the long-term debt problem. thats something that we all have to sit down and be grownups about, because we could cut every dime of highway, education, all of that, and still have a debt problem we have to address. i think everything has to be on the table. we have to look at everything. it doesnt mean we cut benefits to working folks or people on fixed incomes or people currently receiving social security, but we need to be honest with the american people abou...

>> julian they have an 11 billion dollar budget at the ssa. you cant tell me there are ways to start cutting whether it is employee if you are lows, lay-offs in the public sector. >> im sure there are places to cut in the social security administration. they are responsible for making sure people get their checks on time it is an extremely popular program. youre talking about small amounts of what is the debt problem. i think gerri is right. until you are willing to start talking about getting r...

It is a southern culture, yet you have the whitest beaches in the world. you have president obama playing with our economy with around absolutely horrific decision which well talk about later. youve got a book out. >> what a surprise. >> it is. "a simple government." tell me about a simple government. >> the concept of the book is that the problems we have in this country are very complex but sometimes we need to back off and take a macro lens and at them with a simple principle applied to them....

This bill doesnt move forward, that hes proposed to try to reign in the debt problem, he will have to lay people off, which is how this all got started. he said, we have to do these measures or well lay people off. now hes saying, i meant what i said, i will have to lay people off. he wanted to get a vote, but cant because of the missing democrats. i will be joined by the president of the wisconsin teachers union and i will ask what he thinks about the teachers getting fake sick notes. he had on...