Page 75 - Debt Problem News Today

And the british people know theres a debt problem. they read about it. they see it on their television screens. they know -- although they wont understand all the intricacies of the national balance sheet and deficits and national debts, they have a pretty good gut feeling that the country had lived beyond its means, and they want a government that has the strength and the leadership to deal with the problem. and i think we are enormously helped as a government by the fact we also campaigned on ...

Growth. >> chris: do you think that -- whats your sense of this, mara? are the europeans taking their foot off the accelerator too fast in terms of spending cuts and tax increases? does that endanger the global recovery? >> it might, but the europeans are in a different situation than we are. they have the bopped markets on their backs right now. we have a little more breathing room. they have a worst debt problem than we do right now. they have to. they dont have is a choice. i mean, being fisc...

The financial reform bill on the economy. i think the president is right in one sense. we cant just be for it. we have to be concerned about growth. >> chris: do you think that -- whats your sense of this, mara? are the europeans taking their foot off the accelerator too fast in terms of spending cuts and tax increases? does that endanger the global recovery? >> it might, but the europeans are in a different situation than we are. they have the bopped markets on their backs right now. we have a ...

A lot of normal for example worried about these deficits, you know. theyre not all hysterical. >> no one is saying theyre hysterical. theyre concerned about the deficits and jobs. polls show theyre more concerned about the jobs than deficits. >> so when you have -- >> look, we have it. >> neil: hysterics and all that, you keep framing it in those terms, what is to stop me or anyone else from saying its you guys who are out of touch because real americans are very worried about this spending boin...

Win now rocking greece. chuck todd joins us live from toronto, and its always speculated about these huge meetings if anything of substance really works out. >>er on this point, whats happening here is the same debate that were having in washington and that is this push-pull between government spending and stimulus in order to prop up the economy, versus the concern about rising deficits. so this isnt just the united states worry at this point, this is a global worry. and in this meeting of the ...

See the first results of their new venture called "youcut." its a website that lets voters decide which government programs should get the ax. you can go online or send a text, but critics ask, is this helping the government save a buck or a clever way to help politicians pass the buck. today we speak to the man behind "youcut," eric cantor. >> the success of this program has been unbelievable, unexpectedly. i mean, we have been experiencing over 3,000 votes per hour over the period of almost a ...

You can go online or send a text, but critics ask, is this helping the government save a buck or a clever way to help politicians pass the buck? today we speak to the man behind "youcut," republican house whip eric cantor. he did talk about peepoples response to the cut. >> the success of this program has been unbelievable, unexpectedly. i mean, we have been experiencing over 3,000 votes per hour over the period of almost a week now. we are just about at 250,000 votes of americans who want to sp...

bp says its expecting the latest attempt to be the one that does the trick. capping out of all that oil gushing into the gulf of mexico. workers have managed to insert a four-inch tube down to the spill site, capturing some of the leaking oil and pumping it to a ship on the surface of the gulf. after weeks of bad news, theyre calling it a positive step forward. >> we ran the -- they call it the riser insertion tube tool. and they ran it up night and started to get oil up to the surface...

capping out of all that oil gushing into the gulf of mexico. workers have managed to insert a four-inch tube down to the spill site, capturing some of the leaking oil and pumping it to a ship on the surface of the gulf. after weeks of bad news, theyre calling it a positive step forward. >> we ran the -- they call it the riser insertion tube tool. and they ran it last night and started to get oil up to the surface into the drill ship. then we had a small problem and the tool came out of...

Folks. instead, we were going to say, if you were going to get some assistance from the government you had to put forward a desire initiative to get back to work. thats the premise behind one of these. this is the biggest savings option on the youcut menu this week. which is almost $2.5 billion a year. >> let me jump in here, representative cantor because i want to get in here and ive been reading about this. some of the critics say it is a gimmi gimmick, a distraction from what we should be doi...