Defense Reductions News Today

This assessment. >> we havent solved this problem but we have made enormous progress. the number that slip through known as a tiny fraction of the many thousands of earmarks that used to the routine. the dollars spent now is a fraction of the tens of billions of dollars wasted every year through this insidious practice. >> there was some concern raised about defense spending. the chairman of the senate armed services committee says the department of defense is not about funding health problems f...

With the super committee deadline looming, parties released their plans or part of their plans and theyre full of deal breakers for the other side. is compromise a dirty word? a former economic adviser to president clinton and president barack obamas council of jobs although she is not here in that capacity. you were at a conference today for former clinton team members talking about the economy. thing that robert has written about is that the great breakthroughs and deficit reduction and econom...

The ryan plan has $4.3 trillion in budget cuts over the coming decade. huge cuts in medicaid, and then the medicare cuts get even bigger in the decade after that. it use s most of that money for tax cuts, 4.2 trillion in tax cuts. in the health care area, you know what the ryan plan does, it actually makes medicare more expensive, but it saves money for the government by having the government pay so much less of the cost of medicare that its a huge shift on to the backs of beneficiaries, it shif...

In budget cuts over the coming decade. huge cuts in medicaid, and then the medicare cuts get even bigger in the decade after that. it uses most of that money for tax cuts, 4.2 trillion in tax cuts. in the health care area, you know what the ryan plan does, it actually makes medicare more expensive, but it saves money for the government by having the government pay so much less of the cost of medicare that its a huge shift on to the backs of beneficiaries, it shifts costs to beneficiaries, it doe...

Trillion in budget cuts over the coming decade. huge cuts in medicaid, and then the medicare cuts get even bigger in the decade after that. but it uses most of that money for tax cuts. it has $4.2 trillion in tax cuts, and in the health care area, you know what the ryan plan does -- the congressional budget office says this -- it actually makes medicare more expensive but it saves money for the government by having the government pay so much less of the cost of medicare that its a huge shift on ...

Done a big thing in this budget? some argue no, given that he didnt tackle some of the biggest engine pexpenditures ou medicare, medicate, social security, and defense. does the president think hes done big things? >> when the president took office two years ago he inherited a deficit growing 10% of the economy. hes put forward a budget today that cuts it in half by the end of his first term and brings it down to a level wrihere by the d of the decade its done. hes addressed many of the things t...

Is cutting before others call for major defense reductions. >> its important that we not repeat the mistakes of the past. where tough economic times or the winding down of the military campaign leads to steep and unwise reductions in defense. >> so the defense chief ordering a 10% cut in contractors for each of the next ten years getting rid of 50 senior military and 150 top civilian positions and eliminating a military command. at the white house, gates is receiving praise for his efforts. >> t...

Is cutting before others call for major defense reductions. >> its important that we not repeat the mistakes of the past. where tough economic times or the winding down of the military campaign leads to steep and unwise reductions in defense. >> so the defense chief ordering a 10% cut in contractors for each of the next ten years getting rid of 50 senior military and 150 top civilian positions and eliminating a military command. at the white house, gates is receiving praise for his efforts. >> t...