Page 5 - Debt Structure News Today

their fair share. >> that brings me to whats being called the buffett rule, named for billionaire who says the super rich are undertaxed. the president is insisting people who earn is million a year or more pay as much in taxes or more as ordinary wage earners do. republicans are up in arms but the president says it is not class warfare -- it is math. gloria, does the presidents math actually add up? >> well, what he did today really was lay down a political marker. this is a president...

>> youre in the cnn newsroom. im don lemon. we begin with this tonight. president obama has wanted tax increases to help the economy all along, but republicans resisted. now mr. obama is going back tat to help pay for his new jobs plan. and come monday morning, you are going to be hearing all about it when he announces details of the so-called buffett rule, named after one of the richest men in the world, warren buffett. its a tax on millionaires to make sure they dont pay a smaller pe...

we begin with this, president obama has wanted tax increases all along, but the republicans resisted, but now mr. obama is helping to pay for his new jobs plan and come monday morning your going to hear all about it when he announces details of the so-called buffett role, named after warren buffett. a tax on millionaires to make sure they dont pay a smaller percentage than the nations middle class and as candy crawly reports theres already an uproar in washington. >> reporter: the pres...

been tepid. in the latest "new york times"/cbs poll, americans are split on whether the jobs plan will actually create jobs. as for the presidents own employment, there is open democratic fear hes a one-termer. the vibe was bad enough this week that top obama campaign strategist sent a memo to reporters noting that the presidents support from the democratic base is strong. the same cannot be said of independents. 54% disapprove of how hes doing his job. things can change between now ...

for those of you too young to remember that is a a 1970s movie. >> i want you to go to the window, stick your head out and yell, im as mad as hell and im not going to take this anymore! >> now that sounds like how a lot of people feel these days. this time, instead of the late actor peter finch, it was president barack obama who will people to take action. >> im asking you all to make your voice heard. if you want a balanced approach to reducing the deficit, let your member of congress...

Challenges arising from our unsustainable debt structure and increasing lack of global competitiveness. issues including getting tough on china and other countries that are methodically and systematically taking advantage of the united states were seldom mentioned before i brought them to the forefront of the countrys conversation. they are now being debated vigorously. i will also continue to push for job creation and initiative that should be this countrys top priority and something that i kno...

path through louisianas cajun country. >> were fortunate that were have what we have, we havent an opportunity to get out. material things we can replace. our family and what we believe in daily, just cant put prices on that. >> did you put up the sign? >> yeah, i put it up, im proud of that sign. its just what we say, we will be back. >> almost a week after the mississippi crested in memphis, the river remains 11 feet above flood stage. president obama is in memphis today to get a loo...

Which will probably hit around july they make clear through legislation, the first dollars spent will be spent toward servicing the debt, paying the interest on the debt. it is incredibly important our creditors around the world understand that those obligations will be honored but its a bit of a red herring to say that simply because we stay within our current debt structure that the whole thing is going to fall apart. when i was in congress, i served on the budget committee. we passed a balanc...

>> canada, germany, other places have high homeownership rates without the tax deduction. but weve had this so long that people do factor that in. they think about how much theyll be able to deduct. if you take it away, there is evidence that the increased rates that we know were getting could soften the housing market which weve seen recover a the recession. this is a dangerous place to be treading. john, part of the issue here, you heard corker saying to your point about growth, im worried tha...

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