Page 26 - Deficit Problem News Today

Deficit problem. the facts are this: the president would never say yes to fundamental reform of our tax code. he asked for more revenue. i told the president, ill put i revenues on the table, but onlyt if were going to have fundamental reform of ourf entitlement program. the president would never say yes. and then he wanted a trillion dollars worth of new taxes. the problem in washington is there is too much spending. weve got to get our arms around it. m the republicans in the house and senate ...

Our long-term deficit problem. and the facts are this -- the president would never say yes to fundamental reform of our tax code. he asked for more revenue. i told the president i will put revenues on the table but only if we are going to have fundamental reform of the entitlement programs. he would never say yes and then wanted a trillion dollars worth of new taxes. the problem is washington is there is too much spending and we have to get our arms around it. the republicans in the house and se...

That came place. remember, bush tax cuts expire if congress does nothing. so all of a sudden there are pressures that can bring the budget deficit down. the deficit problem gets solved in a blunt, crude way but maybe thats how democracy works. its easy to spot all the problems we face, but i think there are also some silver linings here and thats where im putting my money. so lets get started. youve heard my thoughts. im now joined by three experts who have agreed to gaze into their crystal ball...

harvard physicist. a look at the way your mind works and doesnt. fascinating conversation with nobel prize winner daniel kahneman. a big birthday but an awkward time to throw a big birthday bash. ill explain. first my take. its the start of the new year and we will do predictions on this show. i thought id try my own hand at some before asking others to risk their reputations. and in the spirit of keeping myself honest, im going to look back at what i said and wrote in "time" magaz...

the future with a brilliant harvard physicist. then deep inside the way your mind works and sometimes why it doesnt. fascinating conversation with nobel prize winner daniel kahneman. a big birthday but an awkward time to throw a big birthday bash. ill explain. first heres my take. its the start of the new year and we will do predictions on this show. i thought id try my own hand at some before asking others to risk their reputations. and in the spirit of keeping myself honest, im g...

>> typically holiday spending accounts for 40% of retailers total profits for the entire year. economists are quick to point out although the seasonal numbers look promising its not an indicated theyre consumers will finally open the spending floodgate in 2012. >> people are very nervous. we have an election year coming up. we have a major deficit problem to deal with. i think until this uncertainty of where the country is going economically, i think there is going to be a hold back by the consu...

columnist david from, the host of the fromme forum and former speechwriter for george w. bush. thank you for being here. the one thing were going to be hearing about in the next 12 months, david i put it to you, a gop set of primaries, looking for a candidate, talking about the middle class, who represents the middle class in this country? the the democrats are trying to make some speeches that the democrats are the party of the middle class, republicans the party of the rich. the repu...

diane swonk, old friend, chief of messere, aux financial. were talking about the middle class. who represents the middle class in this country. the democrats are trying to make the point with speeches by president obama in the last couple of weeks. democrats are the party of the middle class. republicans are the party of the rich. republicans obviously are struggling with that themselves. david, whats your sense of how republicans are thinksing themselves and who in this country repr...

endorsements but a bit of a dark cloud on the horizon. more on that in just a moment, but, first, his fight for the gop nomination. a new nbc news/"wall street journal" poll shows him with a commanding lead over mitt romney. the other candidates trailing far behind. paul steinhauser is in washington. paul, the same poll shows gingrich struggling in a head-to-head race against president obama. tell us about that. >> that horse race poll and two others indicate the same thing. way ahead ...

Paul ryan was courageous in putting a package together that would deal with this tough deficit problem we have and informing the entitlement program. republican house members were ready to try to ride that as their package to try to get the president and democratically controlled senate to go along and newt comes out and cuts their legs out from under them. >> hold on. is that one of the reasons you left newt because he said that about paul ryan? >> no. it wasnt. i would point out newt is the on...