Page 35 - Deficit Problem News Today

Happen all around the world. the u.s. dollar is the reserve currency of the world and what , the world depends on as the reserve and the fownation for a financial system everywhere . and if the united states is not good for its debt and not willing to pay our bills to the entire world as to ourselves it is going to be a major problem and it will clearly spike interest rates for the government and it will set off a series was very serious financial earthquakes around the world. we dont need to do...

That just leads to this discussion. i know there are a lot of important discussions going on about how you get to a middle ground, but you cannot take politics out of the equation, because politics is what this is all about. >> david, does having that political argument really solve the nations deficit problem, the budget problem? does demagoguing them on medicare, it works politically, but does it work for getting stuff done? >> it doesnt -- i think because the politics of the 2012 were so ever...

>> david, does having that political argument really solve the nations deficit problem, the budget problem? does demagoguing them on medicare, it works politically perhaps, but does it work for getting stuff done? >> it doesnt -- i think because the politics of the 2012 were so ever present in all this, i think the chances have gone high now that we will not get entitlement reform and we wont get a serious reform of taxes until after the 2012 election. to me the question is, are we going to find...

Scripts against them saying you voted against them to dismantle health care. that just leads to this discussion. i know there are a lot of important discussions going on about how you get to a middle ground, but you cannot take politics out of the equation, because politics is what this is all about. >> david, does having that political argument really solve the nations deficit problem, the budget problem? does demagoguing them on medicare, it works politically, but does it work for getting stuf...

Look, last friday night we got to 11:04 p.m literally matter of hours before the government was going to shut down. the administration said dont worry, its all clear. why is that going to solve our deficit problem? >> it doesnt. there is a strong argument that the deficit increased in the time we debated this greater than the amount of money we were able to cut. even in the period of time with the calendar of debate we lost ground on the deficit. we have to be more bold. weve got to be able to b...

>> david, does having that political argument really solve the nations deficit problem, the budget problem? does demagoguing them on medicare, it works politically perhaps, but does it work for getting stuff done? >> it doesnt -- i think because the politics of the 2012 were so ever present in all this, i think the chances have gone high now that we will not get entitlement reform and we wont get a serious reform of taxes until after the 2012 election. to me the question is, are we going to find...

Look what theyre going to do to kids with downs syndrome and autism. look what theyre going to do to seniors in the street. thats what congressman ryan was upset about yesterday. hes invited to the front row, invited to the speech and he thought he could put politics aside and move forward. >> brian, liberals are actually happy the president gave this speech because he said you know what? were giving republicans a taste of their own medicine. death panels during the health care debate. were goin...

People out there are going look, last friday night we got to 11:04 p.m literally matter of hours before the government was going to shut down. the administration said dont worry, its all clear. why is that going to solve our deficit problem? >> it doesnt. there is a strong argument that the deficit increased in the time we debated this greater than the amount of money we were able to cut. even in the period of time with the calendar of debate we lost ground on the deficit. we have to be more bol...

To move their agenda forward. on the tough issues its easy. a far more diverse caucus fill song ofly than republicans do. as these issues come up, a lot of swing voters on the democratic side. few on the republican side. >> teach my 6-year-old, easier to find 13 than 7. its actually hard math. >> thinking about this -- back to the deficit debate for a moment. i want to play for you, tom, something secretary geithner said last night on pbs. >> can it be done without raising taxes? >> oh, no. ther...

Ey try to make it a fiscal issue when in facts its a fundamental issue of whether we have a democratic society prop gan that somehow the rights of workers are somehow facing states. the fact of the matter is if states have budget problems by returning to their state tax that they let expire. they if it went after the wealthiest, they could have covered their whole deficit problem. >> theres some billionaires named the koch brothers as we were just explaining. theyve given money to governor walke...