Page 16 - Deficit Problem News Today

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 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 say that their biggest priority is making sure that we deal with the deficit in a serious way. the way theyre behaving is that their only priority is making sure that tax breaks for the wealthie...

Every year. over a trillion dollars. its not sustainable. >> but doesnt -- im saying, if we -- all of these issues, with all the bush tax cuts going away, the sequester, payroll tax expiring, the estate tax, if we do all the stuff that the fiscal cliff or the fiscal curb, whatever you call it does, the deficit problem is solved? >> no. i have no idea what the specific number is but i know were over $16 trillion in debt and like i said, were spending a trillion more a year than we currently have....

John boehner as house speaker? >> there are a group of people that are focused on that but i dont think thats our real focus. our real focus is ringing in the out of control spending and living within our means. thats what most people are concerned about. get rid of john boehner, who else are we going to get? i mean, we lost the election. elections have consequences. were not going to get everything we want. but we need to focus on the real issue of our debt and deficit. instead of focusing on t...

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 -- 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 say that their biggest priority is making sure that we deal with the deficit in a serious way, but the wa...

>> we put those americans back to work. >> laura: im very confused none of it is is obamas fault but it is the tea partys fault. >> i didnt blame the tea party. >> laura, one thing i cant understand here is i can agree with katrina saying we have a job problem. how is raising taxes help? it doesnt make sense to me. if you say we dont have a short-term deficit problem. we have had 4 straight trillion-dollar deficits. at what point does that become a problem. >> half of that is because of the econ...

Seriously despite the pain it could cause for about 160 million americans. >> this is a manufactured crisis. we dont have a short-term deficit problem. we have a jobs and growth problem and we have a faltering recovery. we should put off the sequester. put off this grand bargain. come back. let the bush tax cuts expire. make sure the middle class doesnt have to pavement the schif a manufactured media drama. >> laura: wow, can you say out of touch? joining us now from new york is maxwell a democr...

Office for four years now. >> we put those americans back to work. >> laura: im very confused none of it is is obamas fault but it is the tea partys fault. >> i didnt blame the tea party. >> laura, one thing i cant understand here is i can agree with katrina saying we have a job problem. how is raising taxes help? it doesnt make sense to me. if you say we dont have a short-term deficit problem. we have had 4 straight trillion-dollar deficits. at what point does that become a problem. >> half of ...

>> we put those americans back to work. >> laura: im very confused none of it is is obamas fault but it is the tea partys fault. >> i didnt blame the tea party. >> laura, one thing i cant understand here is i can agree with katrina saying we have a job problem. how is raising taxes help? it doesnt make sense to me. if you say we dont have a short-term deficit problem. we have had 4 straight trillion-dollar deficits. at what point does that become a problem. >> half of that is because of the econ...

Could cause for about 160 million americans. >> this is a manufactured crisis. we dont have a short-term deficit problem. we have a jobs and growth problem and we have a faltering recovery. we should put off the sequester. put off this grand bargain. come back. let the bush tax cuts expire. make sure the middle class doesnt have to pavement the schif a manufactured media drama. >> laura: wow, can you say out of touch? joining us now from new york is maxwell a democratic strategist and guy benson...

Graham has to say over the weekend on "meet the press." >> the big chance for a big deal is that the debt ceiling. thats when well have leverage to turn the country around, prevent it from becoming greece and save social security and medicare and to anybody listening to this program, ill raise the debt ceiling only if we save medicare and social security from insolvency and prevent this country from becoming greece. >> prevent this country from becoming greece. what is your reaction to that? >> ...