Page 15 - Deficit Problem News Today

And the weight is over for "downton abby." . first, two front page politics. a new reaction today to the debt ceiling debate. on "meet the press," senate majority leader mitch mcconnell said they will not raise tax revenue again. he says instead the president should start working with congress to cut down on the deficit. >> the question now is will the president lead? why should we have to bring him to the table? why isnt he leading us in the direction of beginning to solve our long-term debt ...

To them have been so fair that a lot of democrats get mad at me. i mean, i offered to make some significant changes to our entitlement programs in order to reduce the deficit. i offered not only $1 trillion in -- over $1 trillion in spending cuts over the next 10 years, but these changes would result in even more savings in the next 10 years. and would solve our deficit problem for a decade. >> mr. bowles, you heard leader mcconnell and his views about the president not leading. have republicans...

The tax alone will put a 0.6% growth on the economy. are the numbers better than the recession we would have faced after a full-on swan dive off the fiscal cliff? neither number is very good. on top of that economic growth number, it doesnt come anywhere near to stabilizing the debt over the next ten years. so remember the information we gave you, the three points, we failed every single premise in this fiscal cliff deal. we did not solve our jobs problem or make it better. we made it a bit wors...

Are the numbers better than the recession we would have faced after a full-on swan dive off the fiscal cliff? neither number is very good. on top of that economic growth number, it doesnt come anywhere near to stabilizing the debt over the next ten years. so remember the information we gave you, the three points, we failed every single premise in this fiscal cliff deal. we did not solve our jobs problem or make it better. we made it a bit worse. we did not solve our deficit problem, we made it a...

Higher taxation will bring the massive government debt under control. perhaps the only democrat telling the truth about this is our old pal, howard dean, the uber liberal former governor of vermont. >> the truth is everybody needs to pay more taxes, not just the rich. thats a good start, but were not going to get out of this deficit problem unless we raise taxes across the board. >> bill: now, governor dean sympathizes with the socialist philosophy and thats where the country is heading. taking ...

President obama is happy running $1 trillion deficit for four years and happy to run the $1 trillion deficit next year. republicans might make a difference on the margin, but they need to think ahead of time. what are they going to ask for at the end of february when the tet ceiling and the sequest every run out and continuings out in march as well? they can ask for the spending cut. look at regulatory situation. we want the economic growth. at the end of the day, the president is not solving th...

Than nothing. the markets usually go up. if you look at the last couple of years since 2009, they have gone up between 1-3%. with or without a deal, in the normal range. at the end of the day when the dust settles a lot of people are already saying they dont think the market is going to like this. as much as it did today. we look at the story that is just developed here in the last few hours. moodys is out. credit rating saying in spite of what happened they think down the road it might be neces...

That means that 87 million people in america are being subsidized by we, the taxpayers. but there are only 109 million americans working in the private sector. doing the math, its impossible for 109 million workers to support 87 million people. it cant be done. no matter how much you tax the workers. yet, the obama administration and the democratic party continue to put forth that higher taxation will bring the massive government debt under control. perhaps the only democrat telling the truth ab...

Significant changes to our entitlement programs in order to reduce the deficit. i offered to not only $1 trillion in, over $1 trillion in spending cuts over the next ten years, but these changes would result in even more savings in the next ten years. and would solve our deficit problem for a decade. they said that their biggest priority is making sure we deal with the deficit in a serious way. but the way that theyre behaving is their only priority is making sure that the tax breaks for the wea...

Significant changes to our entitlement programs in order to reduce the deficit. i offered to not only $1 trillion in, over $1 trillion in spending cuts over the next ten years, but these changes would result in even more savings in the next ten years. and would solve our deficit problem for a decade. they said that their biggest priority is making sure we deal with the deficit in a serious way. but the way that theyre behaving is their only priority is making sure that the tax breaks for the wea...