Deficit Discussion News Today

Constituents, after $1.3 trillion spending bill you didnt vote for it but a lot of your colleagues did. what did you hear about that? >> the base is very upset. our brand is anything it is fiscal responsibility, count on this bread and butter for us but we dont have much of the press, the mainstream media, the hill rags, etc.. the house passed the budget, the military and that is it and to get the senate, 9 democrat senate votes, $400 billion, you never heard that in the deficit discussion, $150...

Deficit discussion. so security trust fund doesnt have anything to do with the debt and deficit. but the idea that were going to simply kick the can on that and have across the board social security cuts, you know, 15 years from now because we didnt step up responsibly i think does a great disservice to those who expected to have those benefits when they reach retirement age. >> senator mark warner, thank you for your time today. >> thank you, richard. lets bring in our political power panel, ...

But were going to have a mad six-week scramble on dealing with the butch tark cuts, just like we did at the end of 2010 because theres no way either party has the stomach to actually deal with this looming issue, because by the way, they do nothing, tachs go up on everybody and by the way, it actually would bring down the long-term deficit discussion. but thats a whole another case, because nobody wants the middle class portion of the bush tax cuts to go up. but thats what were dealing with. whi...

Benefits and for sendsing the tax cuts. it seems the deficit argument is sort of moves like the wind blowing. >> one quick point. why, if rich people keep their money and spend it in the economy, is it a bad thing? and if the government takes it away and spends it on run-away spending programs its a good thing? make that argument to me. >> answer my question. >> at the end of the day getting this economy moving and the chairman last night, if federal reon "60 minutes" he said now is not the time...

It seems the deficit argument is sort of moves like the wind blowing. >> one quick point. why, if rich people keep their money and spend it in the economy, is it a bad thing? and if the government takes it away and spends it on run-away spending programs its a good thing? make that argument to me. >> answer my question. >> at the end of the day getting this economy moving and the chairman last night, if federal reon "60 minutes" he said now is not the time for deficit spending. nows the time to ...