Page 27 - Deficit Problem News Today

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...

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...

Democracy and people argue their positionings, but its gotten to the point the nation is in an economic crisis. weve gone from simpson-bowles, gone from the deficit vote in august and then the super committee. why cant things get done? >> greta, obviously this is as a result of deep disagreements on policy issues. but i would hope if we are able to come together and compromise on some issues. while this measure wont solve the deficit problem, it is an important step. again, i hope that we are ab...

Democracy and people argue their positionings, but its gotten to the point the nation is in an economic crisis. weve gone from simpson-bowles, gone from the deficit vote in august and then the super committee. why cant things get done? >> greta, obviously this is as a result of deep disagreements on policy issues. but i would hope if we are able to come together and compromise on some issues. while this measure wont solve the deficit problem, it is an important step. again, i hope that we are ab...

Entirely harmless, and i do believe we should be asking those folks who are doing very well to take a greater part of responsibility in reducing or long-term deficit. those are areas were going to be debating in the days ahead. >> lets get back to -- >> on this important measure. this wont solve the deficit problem, but its an important measure in send ago signal were going to try to get rid of the wasteful spending, unnecessary spending and increase accountability. so lets focus for a moment on...

Opportunity to serve. i think the potential is virtually unlimited in terms of the future of this nation and what we can accomplish and what we can achieve. by the same token, im very concerned about some of the problems i see out there today. i think this long-term debt problem is enormously important. i sense also that it is important that we not, a we try to deal with the deficit problems, lose sight of our nations security. i happen to think thats our number one responsibility as a governmen...

Concerned about the problems we see today. this long term debt problem is important. i sense also that it is important that we not as we try to deal with those deficit problems, lose sight of the importance of maintaining our nations security. i think that is our number one obligation and responsibility as a government. i worry in this rush to get our deficit problem solved, which is very important that we will end up in a situation where the defense department in effect bears the burden rather ...

Which was tasked of them, you suggested one of the solutions might be is to tax millionaires more. do you think that will work? what. >> it may not take a major chunk out of the deficit problem, but would definitely serve to pay down the interest on the foreign debt, which unfortunately our taxes are going to pay a large earp and larger percentage of. we wont have spending cuts. well have dwindling services. and because or taxes will be going to pay interest down. sblopt to pay interest down. i ...

Want to try and avoid these cuts, forget about it, because ill veto anything that comes to my december, -- desk, right? >> the president said he was not going to give congress an easy offramp from the cuts that are facing the country. his aides have made clear they are concerned about the cuts. look, they realize that cuts are going to cause pay. but, essentially, the president said, you know, unless you come to me with a balanced plan to deal with our deficit problem, i am not going to allow yo...

Median turn deficit problem, the health care spending the president acknowledged. obama care was off the table. forms of medicaid were off the table. long term solutions for medicare including bipartisan proposals, unacceptable. this is the problem we have in the committee and a problem we continue to have. >> you were quoted by the patriot news saying quote, i push my conference as far as we could. we put revenues on the table, which i didnt think we should. you offered a plan of $250 billion w...