Page 44 - Debt Problems News Today

Deficit reduction over the next decade. critics say it wont come close to solving the debt problems. >> heather: a group of lawmakers in tennessee this past week asking the state to stop promoting water flour days, putting fluoride has been krofl since the government started doing it 50 years ago now, even the government seems to maybe taking a little step back announcing plans to lower the recommended fluoride limit because its causing a tooth condition called fluorsis. joining us is doctor and...

Wall street has had a pretty good run lately. fridays disappointing jobs report didnt get the averages down. major averages jumped 2% last week. hey,alson. >> hey, kyra. the bulls are taking charge. we have another higher open. analysts say we have a lot of bullish factors in the market, the global economy is improving. debt problems in europe appear to be contained and most corporate earnings and sales numbers beat estimates. well eventually see a pullback but the fundamentals still point to gr...

166 points. the s&p did worse. 1.8% down. the nasdaq 2.5% down. and you know, i looked at the world markets. now, the only market that was open today in the gulf region in -- in the -- in arab market would be saudi arabia. down 6.4%. if we fell like that, that would be a 750 point decline. this is very serious. >> at the world economic forum this past week, it was interesting, though, because it seemed like the talk was less about what was happening, what was unfolding in the mideast and more ab...

$1.5 trillion this year. in a youtube interview, the president said it was important to be careful in determining which programs would face the chopping block. >> frankly, were just going to have trim some of these programs. and these are not going to be across the board. we want to cut with a school pep as opposed -- with a scalpel as opposed to a chainsaw. there will be areas in which we increase spending. >> that comes as the head of the congressional budget office issues a fresh warning abou...

Consume the twhol debt within a dekat. my fear is we can have a precipitous calamity where nobody gets any checks from governments. social security fails, medicare fails. unless we make the tough decisions now and where im different than some in washington is im willing to stand up and say these are tough decisions. theyre not easy. im going to poe pose a solution before we have a calamity. youre not touching much. >> we do cut military spending by 6% out of the 2011 budget. that is the only com...

On 15 trillion. >> $500 million, 14 trillion, that will help. >> its insignificant. >> its a rounding error. >> im in a bad mood this morning. >> were not letting democrats off the hook because nancy pelosi -- >> theyve awful. >> and democrats were reckless when it came to social security and medicare. im saying -- >> theyre trying to rope-a-dope the republicans. >> dont tell me youre going to fix the debt problems, dont go on sunday shows or "morning joe" and saying youre going to fix the probl...

First, if we had attempted deficit reduction as the first step, the likelihood is that we would be looking at a much weaker economy and as a consequence, ultimately wed be looking at much larger debt problems. >> david walker is the founder and ceo of the come back america initiative. the former u.s. comptroller general, he believes very strongly in deficit reduction and debt control. david, unemployment, around 9.4%. is this a realistic time to tackle the deficit? or do we still have to wait lo...

First, if we had attempted deficit reduction as the first, as the first step, the likelihood is that we would be looking at a much weaker economy and as a consequence, ultimately wed be looking at much larger debt problems. >> david walker is founder and ceo of the comeback america initiative, former u.s. comptroller general. he believes very strongly in deficit reduction and debt control. david, unemployment around 9.4%. is this a realistic time to tackle the deficit? or do we still have to wai...

Inland. admiral thad allen with an update on the oil cleanup efforts. patti ann: a dire report just released by the nonpart son congressional budget office, the message is simple reduce government spending or head down a path of financial unsustainability. they are presenting the 2010 long term budget outlook and it is not looking good. jim evening he will here to bring it all down. he is live in washington. i understand the cbo director was in a special place for the latest projections. >> repo...

Jobs. you create jobs, you create more unsustainable, the word they are public debt. using, the budget talks and the thats something to you pay for in the future. prediction is simple change government spending or head done you have to raise taxes and this a path of financial ruin and the could create a more hostile forecasts put the health care price tag higher, in fact much higher than uncle sam expected. environment. its sort of a field of dreams. martha: and jim angle joins us make it a good...