Page 3 - Deficit Problems News Today

You want. >> on the up side for republicans, is there an upside theres a focus on obama care, not only the technical side of it but the substance of it and the $17 trillion in debt some people dont talk about a lot but theyve heard a lot about over the past few weeks. is there some silver lining any republicans can take out of the past two weeks? >> i think so. this whole idea people are talking about obama care now and wouldnt have been if it werent for ted cruz, thats over done. people would h...

I dont regret having those negotiations and we came fairly close. and whenever i see john boehner to this day, i still say should have taken the deal i offered you back then, which would have dealt with our long-term deficit problems and would not have impeded growth as much and really boosted confidence. but at that time, i think house republicans had just taken over and they were feeling their oats and thinking we dont have to compromise. and we came pretty close to default. and we saw the imp...

Otiations, and we came fairly close, and whenever i see john boehner to this day i still say, should have taken the deal i offered you back then. which would have dealt with our long-term deficit problems, would not have impeded growth as much, would have really boosted confidence. but at that time i think house republicans had just taken over, they were feeling their oats and thinking, we dont have to compromise. and we came pretty close to default. and we saw the impact of that. i would have t...

A debt limit increase without any reforms to lower our deficit just isnt going to cut it. >> john feehery, you heard it there. without any reforms. its not you got to kill obama care to get the debt ceiling through or the continuing resolution, the cr as youre calling it. but something. >> well, john boehners absolutely right. >> thats a significant statement there. hes saying this isnt all about killing obama care. >> i dont disagree with that. i think its significant. but i think its consisten...

Who believe that the only way to have the country seriously address the debt and deficit problems it has is for us to have a serious self-inflicted crisis. its sort of a remarkable window, i think, into how some people think about this coming fight over raising the debt ceiling. >> these people that dont have 401(k)s, dont invest in the stock market, theyre not looking for a job, because weve seen the last time they threatened default on the debt, just threatened it, a 1,760 point drop in the do...

Boehner -- we got a deal last year that decreased spending. you have to kind of within the context of raising that, thats why you have a debt limit. so you confront the real deficit problems you have. thats why you have this fight to begin with. if you dont do anything on it, whats the point of having this discussion at all? weve got to confront our debt. theres a long history confronting our debt. when we reach a debt limit. i think thats all -- for the president to say if hes going to negotiat...

Wealthy enough and has the capacity of congress will make its decision on the budget as a broad basis to fund what we need to fund. >> mr. secretary, you voted to cut that $580 billion. with that i yield. >> i voted to put in place a reasonable mechanism that would wind up with us solving our budget and deficit problems and it was never put in place. thats what i voted for. >> okay, im going to -- go back to what i said. im going to enforce the five minutes. so if you want the question answered,...

Long run because well be investing less in research and development and its photo going to solve our deficit problems. the so the president remains focused on pursuing the policies that will speed up job growth. >> when you look at the 88,000 jobs gained, you cant be happy. >> i try o take a longer view. we have added half a million jobs over last three months in the first quarter of this year. the economy is moving in the right direction. we need to avoid the kinds of self-inflicted wounds like...

Jobs were lost in the economic crisis. and we certainly want washington to avoid making self-inflicted wounds like the sequester. i think the economy is poised to expand at a faster rate if washington can get its act together. if we could avoid policies like the sequester, which are going to -- is going to cut key investments in health research and education, other fields and not address our deficit problems. >> tucker: its scary how coordinated the white house message is even from people who sh...

Deficit problems in the intermediate or longer term and will do what the president has said is his north star, making sure the jobs pay decent wages. >> the other number has to do with the participation rate. lowest since 1979. do you think this is a statistical anomaly or is this a trend that also concerns you? >> well, the trend peaked around 2000. as our workforce gets older and older, well see more people retire. we are focused on creating jobs. that will be good for the economy and for the ...