Page 6 - Deficit Problems News Today

Are unemployed but a lot of those laid off employed actually may want to become employers or entrepreneur and the question as policymakers is how do we go about making it easier for that to happen? >> one of the big questions small business people have and americans do as well, citizens who might work for something else, are taxes going to go up to meet the debt problems and the deficit problems? >> you know, i think tim and i would both tell you we dont think its a good idea to raise taxes on a...

Are unemployed but a lot of those laid off employed actually may want to become employers or entrepreneur and the question as policymakers is how do we go about making it easier for that to happen? >> one of the big questions small business people have and americans do as well, citizens who might work for something else, are taxes going to go up to meet the debt problems and the deficit problems? >> you know, i think tim and i would both tell you we dont think its a good idea to raise taxes on a...

Talk so far so good, but that there was more work to do. hes been hoping to help bridge their differences over the balance of spending cuts and borrowing they should use to pull out of the-- pull the euro zone out of the crisis. but germans are opposed to more borrowing and the u.s. to deal with americas debt and deficit problems. after a morning of talks, said in part, we commit to take all necessary steps to strengthsen and reinvigorate our economies and combat financial stresses recognizing t...

Under their thinking, basically, once the government says youre a terrorist, youre a terrorist. >> reporter: the amendment by congressman smith and republican justin amash failed 238-182. opponents argue it would weaken national security, it would too easy on terrorists. the house did pass an amendment from louie gohmert that says terror suspects legally in the u.s. cannot have their constitutional rights reduced. jenna: mike, this came as the house is working on the defense budget for next year...

Listen. >> this president is comfortable with trillion dollar deficits, im not. i will stop that. this is a president who is comfortable cutting our military. im not. i will stop that. this is a president who is not taking advantage of our energy resources. instead he is taking your dollars and investing it in some of the little businesses of his campaign contributors and thats wrong and that will stop. we will not do that when im president. [applause] >> reporter: hearings on capitol hill today...

Of the republican race, mitt romney can finally turn his attention to the fall fight against president obama. if this week is any indication, its shaping up to be quite a brawl. so what will the november election turn on? will it be the so-called war on women? will it be the economy? or what? kim, you know, the economy has taken a lot of attention this week, but i got to say that the fight over women, that holds center stage now, doesnt it? >> yeah, does it. the way i look at this, this is the f...

Of the republican race, mitt romney can finally turn his attention to the fall fight against president obama. if this week is any indication, its shaping up to be quite a brawl. so what will the november election turn on? will it be the so-called war on women? will it be the economy? or what? kim, you know, the economy has taken a lot of attention this week, but i got to say that the fight over women, that holds center stage now, doesnt it? >> yeah, does it. the way i look at this, this is the f...

That drew a lot of fire from democrats. were told that the ryan budget, which will be out at 10:30 tomorrow morning, will include changes to medicare again. well call it changing medicare. protects people who have it now. but will reduce benefits in the future. and hell push for tax reform. again, i think youre going to hear house republicans say that they think that arguments have moved toward them since last year, that theres more of a consensus for tax reform which the president has proposed,...

Around $900 billion over ten years. >> the full accounting of the bill is $2.6 trillion. that is a fair and accurate analysis of what the bill will cost according to cbo and the president sold it to the american people as a $900 billion bill. >> you have to take a lot of the projections with a grain of salt and two aspirin. the bottom line healthcare has a lot to do with the major deficit problems. we have to work together to curve excessive spending on healthcare. because thats crushing the ame...

Lot of money and mitt romney has to respond on issues that are different than how do we solve a terrible tax code? how do we fix our deficit problems? how do we get more competitive in this country? youll see them fighting on things like abortion and other conservative issues. i guess that is my concern here. >> thats a great point. we talk on this show all the time about wanting the debate america deserves on tax reform, on bank reform, on trade reform just to pick up where rob said. how much d...