Page 39 - Deficit Problem News Today

Is that a good idea and ultimately who has the upper hand in this debate? bob beckel and tantaros are both with us. have republicans taken this issue from democrats, andrea? >> they have absolutely taken it. the dem strategy is to run out the clock on this one. they created the problem and now they dont have the guts to fix it. they are hoping they can win this message war and paint republicans as evil people who want to take away grannys healthcare. i think they will lose because this time arou...

Difference. theres something about $1 trillion that gets peoples attention. >> one would hope. >> i hope. and i think that across the political spectrum, people are looking at what we have to do now to get this economy become on track it and they are saying to themselves we know we cant sustain this. that means we have got to make some tough decision and im going to be using a significant amount of political capital. >> significant amount of political capital. the question was specifically about...

Chief their cuts, have to come out with their own plan and what theyre doing with this 2011 budget. the big picture, for those who care about the long-term debt and deficit problem in this country, this has been a depressing week. if you just look at it tactically, i think the white house feel goods about where they are. >> thats probably where you are. >> im depressed. >> yes. >> ive been depressed, i think like a lot of people, by the fact that republican leaders other than paul ryan havent st...

Like you said, nondefense discretionary domestic budget, the entire budget is a little over $400 billion. if you cut it to zero, you cut everything off the board. >> thats what im saying. >> you still will have a $700 billion deficit. heres the answer. its incredibly simple. go back to the clinton era tax rates, where we created 22 million jobs, where the economy was steaming along. we have a $4 trillion deficit problem over the next ten years, that would create $5 trillion. we would have $1 tri...

Basic infrastructure like roads and bridges. >> the president: my budget freezes annual domestic spending for the next five years. even on programs i care deeply about. which will reduce the deficit by more than 400 billion dollars over the next decade. this freeze will bring this type of spending to its lowest level as a share of the economy since dwight eisenhower was president. >> republicans say the presidents spending freeze doesnt take the deficit problem seriously enough. they are calling...

Unemployment is high, our economy is weak, and we have a huge deficit problem. the voters did not elect her to be hun -- monitoring the commercials. there are other things she should be concerned about. >> bill: no. if there is a valid stereotype that is demeaning to african-american women, its congresswomans lees perfect right to make that an issue. >> i dont see it. >> bill: if there is, if. >> personally, i dont see it that way. heres the other point. getting back to my double standard issue....

>> no, has it ever -- deficits have gone up since reagan, when has it ever solved the deficit problem. martha: all right, ed. >> the fact is, in 2007, we had more revenue coming to the federal treasury, than at any time in the history of the united states of america. under those -- that tax relief because -- >> and bush spin it on medicare and a bunch of things. and... >> i didnt interrupt you, alan. >> okayed. >> when you spouted off erroneously. the fact is we had more revenue coming to the fe...

$4.2 trillion. they say, no, but its just a bunch of ious and we wont be able to pay it because we spent the money on the wars and tax cuts for the rich. >> youre going to pay china? saudi arabia? but youre not going to pay the people who put into social security all that time? hell no. hell no, we have to fight this tooth and nail. then he comes around and sell, look, what can we do? we have a deficit problem. no, social security has nothing to do with the deficit. it gets paid by the payroll t...

The alan colmes radio show. good to have you here. alan, what is your response to that number, 68% say, hes not doing a good job. >> lets be clear, his approval ratings are over 50%, and, you are taking one slice here and his approval rating on egypt is doing well and the reserves on the budget deficit when they cost us $400 billion by insisting on keeping tax breaks for billionaires, a rasmussen poll shows by a 41% plurality republicans prefer tax cuts over solving the deficit problem and so th...

Both, john. theres a little bit of optimism, but theres still a lot of concern. we had a panel that i was on, and we had people from every different sector that was on the panel. theyre concerned about this big kick towards austerity. theyre afraid the republicans wont look at things realist realistically. theyll never raise revenue. we wont be able to fix the deficit problem we have in the midterm and long term. i would say its mixed. i would say theres skepticism. theres some optimism as well....