Deficit Stuff News Today

To happen, im not sure that thats a worthy replacement. i think you have to watch, dana mentioned this. the deficit stuff. you know, the cbo add to the deficit. look, pre-donald trump republican party would have a huge problem. say if democrats introduced this bill a huge problem with the additional deficit on this bill. do ron johnson, jeff flake, bob corker, and from kansas, hes quoted in his local paper over the weekend expressing doubts about it. so its not just the folks who we identify. i ...

Whether they are republicans or democrats, and you can see the democrats picking it up and saying its bad, and thats what is going to drive and influence some of the senators on the margin saying its not worth it to me to actually upset my constituents over this. the constituents are looking to sink their teeth into something, and thats hard to do to vote for the bill as constructed. >> and the only republican that expressed reservations out loud in the senate, and john mccain said hes looking a...

I mean, it was the round of tax cuts we saw create the jobs. it was wars that were unfunded, it was big pharma. when you look at the causes of the projected debt, it has nothing to do with what the republicans are trying to get at, and thats the big three. >> and remember that the economic crisis in turn has nothing to do with the debt, right? weve got -- yeah we have a big budget crisis, but thats a result of the crisis, not the cause of it. >> what percentage of the downturn from the housing m...

Education reforms and find $81.5 billion for people making over $250,000? come on. >> paul wants to relitigate december. you talked about independents wanting to get things solved and that was one idea that brought people together. but we talked and it earlier, this will be the test. do these policies work to get the economy going, to shrink the debt and create jobs. if they dont, were going to have a one-term president. if they do, chances are barack obama is going to be in a stronger position....

Again, its not just democrats governing now, its now republicans. so you all have to get something done. the no, no, no stuff cant go on. the deficit stuff, yes, its important, but whats the number one priority in america? creating jox. -- creating jobs. so what is your economic plan? it cant simply be cut, cut, cut, because thats not creating jobs and it could have a negative impact. >> i say yes, it can, can, can. the fact of the matter is, all the spending thats been done since the president ...

Do these policies work to get the economy going, to shrink the debt and create jobs. if they dont, were going to have a one-term president. if they do, chances are barack obama is going to be in a stronger position. >> do you all agree with that, its all about jobs? >> jobs and the deficit. >> not like you guys dont have a stake in this, as well. again, its not just democrats governing now, its now republicans. so you all have to get something done. the no, no, no stuff cant go on. the deficit s...

Unless people are back to work right now. >> professor reich, the national debt that now stops $13 trillion, can we afford to spend more money? >> not only can we afford it, the question should be, can we afford not to? the issue is the ratio of the debt to the total economy. and thats going to get worse and worse and worse if the economy doesnt grow. the reason we got out of the depths of the great depression and spend like mad during world war ii and found by the 1950s that actually the ratio ...

In 2018 and that will be very bad for the economy. >> neil: i get a sense from your friends in washington and senator rounds and some of these others that they will swallow on the deficit stuff and swallow taking on a little bit more of the debt if it means they have a victory or a win for the gipper in this case, for president trump, because they cannot afford not to have gotten something done on taxes. what do you think? >> let me tell you, mike rounds was governor of the state of south dakota...