Page 41 - Deficit Problem News Today

>> and thats a good place to bring in gloria borger. the president not getting good marks with the economy. hes two years in. basically people think its largely your problem. they dont blame president obama for the position hes in, were talking about whether hes handling it the right way. this is a big, big challenge for us going into a mid-term election because youre going to have this administration try and say, this is not our problem, and youll have republicans saying its totally your proble...

This is the first time since the depression that unemployment has stayed above 9% for two consecutive years and that is what we have seen. if you try to raise taxes you gorgeous kill revenue coming to the federal government because you will have less people working. 9 way to get our economy moving again and the way to solve the deficit problem is to get more people working, to get more people taking care of their own families, more people paying taxes and controlling the spending spree in washin...

This is the first time since the depression that unemployment has stayed above 9% for two consecutive years and that is what we have seen. if you try to raise taxes you gorgeous kill revenue coming to the federal government because you will have less people working. 9 way to get our economy moving again and the way to solve the deficit problem is to get more people working, to get more people taking care of their own families, more people paying taxes and controlling the spending spree in washin...

Handling it the right way. this is a big, big challenge for us going into the midterm election because youre going to have administration saying its not our problem and youre going to have republicans saying its totally your problem. >> theyre going to have to figure out what to do because as allan pointed out, the tax cuts expire. remember when george bush was telling people we want to give you your money back? even congress understood that at some point that could cause a deficit problem. so y...

Nancy -- there was a recent "washington post" poll and it found that only people more unpopular and president and democrats are republicans in congress and another poll found that voters blame republicans more than anybody else for the economic mess were in. >> i think you of to run on policy. certainly there was bad economic policies under the bush administration, but they become worse under obama. so obama makes bush look like a piker, by the way, revenue has faded approximately 18% of gdp so ...

There are many ways to do that. this is one way. there are other ways as well. >> treasury secretary tim geithner conceded thursday there is still uncertainty about how strong the recovery will be, but said the administration still wants the cuts for wealthier taxpayers to end. democratic leaders agree. >> with respect to the tax cuts for the wealthiest in america, we have a severe deficit problem. and those who are doing well will not have their lives adversely affected. >> increasing taxes on ...

>> treasury secretary tim geithner conceded thursday there is still uncertainty about how strong the recovery will be, but said the administration still wants the cuts for wealthier taxpayers to end. democratic leaders agree. >> with respect to the tax cuts for the wealthiest in america, we have a severe deficit problem. and those who are doing well will not have their lives adversely affected. >> increasing taxes on the wealthy may win more support after the economy recovers, but for now, a gro...

If there is money were losing, get after it and go after the money that was improperly sent out so it doesnt happen again and if there was fraud committed, lets start prosecuting these people and putting them in jail where they belong. >> thats good. >> congressman, americans are worried about the deficit and the debt right now. every time we talk about that issue, theres a suggestion that somehow if we tackled waste an abuse that would make a huge difference. is this a low hanging fruit or do y...

More credit and that money is immediately spent or spent very, very rapidly. so you just are shifting money around. in other words, youre virtually borrowing it, taking it out of the economy from the same people that youre then sending checks to. so youre not creating any money here. in other words, the government doesnt create net money, it just shifts it around. >> a lot of people write in and say why are we talking in $9.7 billion in aid to pakistan and talking about sending money everywhere ...

Face on this issue. but right now most polls suggest that the american people lack faith in the democrats, particularly on spending. and this does nothing but help the republicans try to get past their old images spin drifts. >> erick says it helps the republicans but the democrats want to glorify the numbers. they say this is the price for extending the unemployment benefits. 35.5 billion. if did you that, it would most likely add to the deficit. thats $3.2 trillion. on the one hand, dont spend...