Deficit Reduction Program News Today

the fbi director on defense. "the lead" starts right now. >> are you protecting the bidens? >> absolutely not. the fbi does not -- >> hold on. you wont answer the question. >> the fbi, christopher wray on the hill questioned by some of his harshest republican critic. calling for a culture shift at the fbi. and more promises for ukraine but president zelenskyy is not getting the thing he really wanted, entry into nato. why not? plus, taxpayer beware. its not just uncle sam getting y...

Inefficient programs or wasteful programs absolutely we should look at that in a deficit reduction program. but to target the fbi as punishment is absurd. theyre in charge of leading the effort on counter terrorism efforts, counter intelligence, chinese and russian spies. theyre easing the effort on white collar crime, human trafficking. to say were going to cut an agency that performs such a vital function in the united states government is really irresponsible. >> we heard director wray say to...

Spending under president obama. this is not that below what president trump is spending. then it goes down in 14, 15, 16, 17, and then it starts to go back up. what happened there? after the tea party election in 2010 and the republicans took over, the republicans back in a time when republicans cared about deficits, remember back then? they were pushing the president to bring the deficit under control. they came up with a so-called sequester. the budget control. this was a bipartisan agreement ...

In the oval office right now, leading on the sensitive issue of these forced budget cuts. >> one of the things i thought was very hopeful and interesting about what mitt romney said was his acknowledgement that the sequester is bad news. this is not our first step toward a rational deficit reduction program. its bad news. and if we could at least al agree on that, we could get away from these cuts that are landing on the defense budget. $47 billion is going to come out the defense budget between...

Earlier, the focus on deficit reduction is odd. unemployment is still in the 7.5 to 8% range. its not going down particularly rapidly. and what i think we want right now is to focus all of our attention on lowering unemployment. ultimately full employment is the best deficit reduction program, its the best way we have to reduce the amount of money the government spends. just people are putting in more tax revenue. less of a need for income support programs when theres full employment. as a whole...

The election was all about. john boehner, if he is serious, will have to find out, but he certainly isnt very smart. the congressional budget office estimates, they show that the affordable care act will actually reduce the deficit. it doesnt make a lot of sense to get rid of a deficit reduction program, as part of a deficit reduction deal. the white house already rejected boehners idea. obama care will not be part of debt negotiations. boehner is up to something here, dont you think? something ...

A time when our national debt already exceeds the size of our countrys entire economy. we cant afford pinpoint and we cant afford to leave it intact. thats why ive been clear that the law has to stay on the table, as both parties discuss ways to solve our nations massive debt challenge." mr. boehner, this is not what the election was all about. john boehner, if he is serious, will have to find out, but he certainly isnt very smart. the congressional budget office estimates, they show that the af...

The austerity measures, its given pause to how we handle our own fiscal issues. and why there is this sense of -- that the united states is afraid of doing -- being as astere as you guys were. basically you went back into recession. >> we now emerged from it. we cross our fingers we will stay out of it. you have advantages. you have the reserve currency. youre the biggest economy in the world. we did not have that. were not part of the eurozone. if we had not stuck with the deficit reduction pro...

Press. but let me start with sort of where things are. give me an assessment of where the uks economy is right now. you guys have done different measures on the financial choice sis than the u.s. >> our economy is still in a decision. we had three consecutive quarters of negative growth. we just had encouraging news. we grew out just over 1% in the last quarter. on the back offed a jurgsmentes from the olympics and so on but good news. weve gotten rid now of one-third of the deficit which our de...

Dramatic change and that is what they say they want why odd. they go to one of our rivals instead of you? >> well, my plan is a popsible plan and i have the specifics that show how i will cut $500 billion out of the federal budget and take federal spending from 25% of the gdp down to 20% of the gdp which is in my view closer to the long-range average and makes sense. those that have said look, we are going to get rid of double that amount, i want to see the specifics and look to see whether that...