Page 2 - Deficit Control News Today

Obama in a 20 09 interview, admitting that he is going to cut medicare, which he did and he is the only candidate in this race that cut medicare. watch this. >> one of the concerns about health care and how you pay for, one-third of the funding comes from cuts to medicare. >> right. >> are you willing to pledge that whatever cuts in medicare are being made to fund health insurance, one-third of it, that you will veto anything that tries to undo that? >> yes. i actually have said that... it is im...

Trillion more. these numbers dont add up. >> but the depression will do that. >> when you lose $500 billion in tax revenues a year because of a depression, thats what happens. >> how does this relate to krugman? you can engage in long-term spending controls. you can undertake short-term stimulus stimulus and the economy can grow. thats where i disagree with mr. krugman. >> krugman says he is in favor of long-term deficit control. this is not the time to start cutting spending. so, you know, you ...

Meet that pledge, some of our members wanted more. fine. and this week, we were able to come successfully, to an agreement to cut $100 billion of spending from those seven months remaining in this fiscal year. >> its going to be painful, though. "the new york times" editorialized this week in this way, beyond region in the budget, after two years of raging, republican leaders have revealed their real vision of small government, tens of billions in ideologically-driven cuts to job training they w...

Protection. dozens of other critical functions that only the government can perform. all they want more than $32 billion of cuts below current spending packed into the next seven months. they would be terribly damaging to a frail recovery. while spending reductions must be part of long-term deficit control these are the wrong cuts to the wrong programs at the wrong time. is this too much at this time? >> david, david, were broke. whats really dangerous is if we continue to do nothing and allow t...

Area, defense, when the democrats are then going to turn around and protect social security and medicaid. i had tom price, the chairman of this group, on my tv one show washington watch. he said two weeks ago everything is on the table. what happened? did it get thrown off the table? republicans cant stand here and talk about deficit control and spending if they are unwilling to confront defense spending? >> roland is right on that point. im disheartened to see they took defense off the table. t...

Branches and other parts of it. and until you hit the trigger and put it out in the country, you dont know what the consequences are. thats a big part of the risk. >> right. i understand why people would be fervently for it. this would cover 30 million people. thats a serious moral accomplishment. i lean against because it will not slow the health care cost. we spend 17% of our economy on health care. it will go up to 20, 25. all the stuff i think is more important, education, infrastructure, co...

And until you hit the trigger and put it out in the country, you dont know what the consequences are. thats a big part of the risk. >> right. i understand why people would be fervently for it. this would cover 30 million people. thats a serious moral accomplishment. i lean against because it will not slow the health care cost. we spend 17% of our economy on health care. it will go up to 20, 25. all the stuff i think is more important, education, infrastructure, competitiveness with china, we won...

>> one of the concerns that i have just as a citizen is i dont know how this health care bill, given its current construct, lands eventually out there in terms of the cost and how it works. it strikes me at this point that it has some of the dna of a department of homeland security. its got all of these wings and branches and other parts of it. and until you hit the trigger and put it out in the country, you dont know what the consequences are. thats a big part of the risk. >> right. i understan...

But it was mcconnell who told reid i will not work to collect votes for this bill if you bring it to the floor. there has to be a genuineness here. republicans say they want deficit reduction, and deficit control, they vote against a deficit commission. i hope that president obama will use an exclusive order to create a commission in spite of what republicans say. you cant have it one day in the morning and have a different message in the afternoon. i think it has to be fair. democrats deserve s...

It was grassley and baucus and hatch and schumer. that was the centerpiece of the stimulus bill, the jobs bill that worked through the senate. but it was mcconnell who told reid i will not work to collect votes for this bill if you bring it to the floor. there has to be a genuineness here. republicans say they want deficit reduction, and deficit control, they vote against a deficit commission. i hope that president obama will use an executive order to create a commission in spite of what republi...