Page 23 - Deficit Problem News Today

this week we learned that the measure of consumer confidence fell for the fourth month in a row to its lowest levels since january. you may disagree with why its down. but, again, the customer who in this case is the american consumer is always right when it comes to the economy. why? because if americans are worried about the economy, they delay making important purchases and a perceived economic slowdown can easily become a reality. okay. so its happening. but why? well, probably the...

proof. thats fair. so here you go. you probably know that more than any other developed nation, the u.s. economy is driven by its citizens and on how confident they feel about their future. this week we learned that the measure of consumer confidence fell for the fourth month in a row to its lowest levels since january. you may disagree with why its down. but, again, the customer who in this case is the american consumer is always right when it comes to the economy. why? because if ame...

www.vitac.com "outfront" tonight, the plunge. the dow slid 251 point, today. theres only one other day this year that it has been worse. people are afraid. theyre afraid of the blood gushing out of europes veins. theyre afraid of the blood draining out of jobs here in the united states. ultimately, theyre most afraid that congress is too cold-blooded to do anything about it. to make a deal that could instill confidence again in the greatest economy on earth. yes, that is, still, by l...

plunge. the dow slid 251 point, today. theres only one other day this year that it has been worse. people are afraid. theyre afraid of the blood gushing out of europes veins. theyre afraid of the blood draining out of jobs here in the united states. ultimately, theyre most afraid that congress is too cold-blooded to do anything about it. to make a deal that could instill confidence again in the greatest economy on earth. yes, that is, still, by leap, bounds, everything, everybody, the ...

"outfront" tonight, the plunge. the dow slid 251 point, today. theres only one other day this year that it has been worse. people are afraid. theyre afraid of the blood gushing out of europes veins. theyre afraid of the blood draining out of jobs here in the united states. ultimately, theyre most afraid that congress is too cold-blooded to do anything about it. to make a deal that could instill confidence again in the greatest economy on earth. yes, that is, still, by leap, bounds, eve...

We will have to solve the deficit problem. >> i am sorry a absurd mindless spending and zombie companies that need restructuring. we are throwing it down and not solving the underlining problem. >> gm is returning a profitability and just making money. it is still a u.s. company. hold on, hold on, make your final point, mark. >> the final point is look at europe and what happened there. they have cut back and physical restraint and 11 percent unemployment and we spend more and we bring employmen...

Summer. all of this is now ready to plop right down in the middle of of congress lap at the end of december. >> is it essentially a question of deciding between cutting the deficit and growing the economy or is that an oversimplification? >> it is an oversimplification. cbo said last week, if you dont do anything, the economy is going to take an enormous hit in the first six months of next year and its likely to be recessionary. in other words, well have negative growth because of these policies...

Continue to try to solve our deficit problem on the backs of our military, our troops, whos going to have our backs the next time were attacked? over my lifetime we have cut back the military after every war. this is the first time ive seen us cut back during the war. >> reporter: we should know the outcome of the overall bill sometime later this hour. jenna? jenna: well look forward to that, mike, and come back to you. thank you very much, mike emanuel in d.c. jon: energy in america looking at ...

Medicaid. i think that americans really need to take a second look at these folk that we have put in office with their very, very machiavellian view of quote/unquote ending our deficit problem. you dont do it by returning our elderly into hunger and poverty. >> i want you to take a look at this video. this is your colleague, republican congresswoman joe barton of texas delivering meals on wheels with a camera crew in tow. so mr. barton will happily use the service for a photo opportunity when it...

They dont want to find funding for $6 billion fix for our students, which is an investment in our long-term economic growth, and strengthening the middle class, but they can find, you know, $45 billion for tax cuts that go to millionaires and billionaires. >> let me ask you about this specific issue because its about a provision, esesential isly for a previous piece of legislation to look better, look deficit neutral, look bet earp in the eyes of the cbo, this was added in as sort of a sunset pr...