Page 88 - Debt Problem News Today

If you are spending more money than you are taking in you need to spend less of it. >> who is this buy? >> guys. >> looks like a politician to me. >> do you know who that is? >> yes, of course, the governor of my state. >> the gay actor on 30 rock. >> john boehner. >> right. but lots of people didnt know him. >> i dont know who that is. >> or anything about the debt problem. >> what is the debt limit? what are the politicians fighting about? >> i dont know what they are fighting about. >> okay. ...

>> reporter: hundreds of police officers and first responders gathering today to say goodbye to their own. brent long died in a shot out. he was shot in a delivery of a search warrant. his dog also took a bullet in the eye tack but recovered enough to take part in the memorial ceremony. so just two days ago president obama in his weekly address to the nation suggested cutting out certain tax breaks and deductions for the nations wealthiest people to help tackle of course the debt problem. but a ...

He took over. significantly higher. we have not had unemployment this high for this long since the great depression with no signs of it getting better. >> bill: thats true. the presidents had s. having a very hard time moving the economy forward. why? senator rubio thinks he knows. >> he proposed a budget that was so ludacris not even the democrats in the senate would vote for it budget that increased the debt, not solved it there was a strategy to leave this to the last possible moment so there...

Latest updates on this topic.

Latest updates on this topic.

From mcconnells fellow republicans, including marco rubio as well as former member of gang of six, tom coburn. >> the way the deal is currently structured right now, it gives the president the ability to raise the debt limit. the debt limit is not really the problem here. the problem is the debt. i dont believe this plan as its been outlined to me is a credible solution to our debt problem. >> i think the mcconnell plan is more of washington not taking responsibility for -- its a great political...

Senate republicans back in december. the president also wants trade agreements to move forward. all that is really a sideshow heading into the weekend with this debt deal now on the table. jay carney, the press secretary here, secretary saying this isnt necessarily a make or break deadline. there is no drop-dead date for an agreement. the clock is ticking and the weekend is vital to the prospects of an agreement. matt? >> thanks, mike havirginihav vi white house. luke russert, luke, republicans ...

May be compromised. that means that medicare has to bear a greater part of the burden. >> one thing that senate democrats and republicans may agree on is next weeks fourth of july recess. senate majority leader harry reid is considering canceling it following the presidents criticism. republicans said they favor stay information session to work on the debt problem. shannon? >> shannon: mike emanuel live at the white house. thank you, mike. well, president obama said today that the u.s. mission i...

Emanuel is following the talks. >> reporter: as the president is trying to take control of the stalled debt talks his spokesman expressed confidence. >> the president told me that everyone in the room believes that a significant deal remains possible. >> reporter: white house officials are talking about a balanced approach which means tax hikes. ahead of the meeting with the president at the white house, senate republican leaders says raising taxs cannot pass congress. >> theyre politically impo...

Emanuel is following the talks. >> reporter: as the president is trying to take control of the stalled debt talks his spokesman expressed confidence. >> the president told me that everyone in the room believes that a significant deal remains possible. >> reporter: white house officials are talking about a balanced approach which means tax hikes. ahead of the meeting with the president at the white house, senate republican leaders says raising taxs cannot pass congress. >> theyre politically impo...