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November 28, 2012
Quote, tax refunds. >> the democrats want to fold the debt ceiling into the year-end fiscal cliff negotiations. but as you pointed out, i mean, this debt ceiling is, $16.4 trillion that you are going to exceed and they will use, quote extraordinary measures or tools -- >> thats cooking the books. lets face it -- if you dont have any more money and you -- you have no more money and you cant borrow, you have no credit and you can get an extra two months, that means you are cooking the books. >> re...
November 28, 2012
Havent done anything to solve the problem. you can raise taxes on the rich. what if you gets the revenue fund the government for less than a week. >> people dont realize, in the fight over funding, taxing the rich, it is not going to change our problem, at all. >> it does. its a short-term, it sounds popular, politically, maybes. but it doesnt solve the problem. the american people want us to solve the problem, that requires presidential leadership. >> one quick question, we have a new member of...
November 28, 2012
>> greta: if i was 18 or 19 years old, i wish, why in the world would i buy healthcare? because i can pay the penalty of about $700, and should i get sick i can always go out and buy insurance because i can get it for a pre-existing problem. >> exactly. >> greta: and if i dont buy into that pool, that reduces the entire pool to keep the cost down for everybody. >> bingo. where he need the young involved in the insurance pool to help pay so it spreads the cost outright. theyre 31% of the market. ...
November 28, 2012
It doesnt change that. i dont understand why they dont care about that? >> now democrats are saying social security should not be on the table. some democrats say medicare should not be on the table. republicans arent going to give away taxes, whether its rates or withholdings unless they get meaningful entitlement reforms. >> i think for the piece of the tax fight that matters here its a matter of principle. >> greta: its called grudge. >> no. its called winning. he campaigned on this around th...
November 28, 2012
So it should be a nice photo op and everything, but wont get anything done. also the president campaigned on a platform of raising taxes. thats kind of unusual that he did it, and he won. so he already has a victory to say, look -- >> greta: he has a victory, but we still have a fiscal cliff problem. he may have his political victory, but we still have the problem. >> yeah, we do, but congress has a nasty habit of procrastination, and this is no exception. you need christmas, exhaustion to play ...
November 28, 2012
>> greta: if i was 18 or 19 years old, i wish, why in the world would i buy healthcare? because i can pay the penalty of about $700, and should i get sick i can always go out and buy insurance because i can get it for a pre-existing problem. >> exactly. >> greta: and if i dont buy into that pool, that reduces the entire pool to keep the cost down for everybody. >> bingo. where he need the young involved in the insurance pool to help pay so it spreads the cost outright. theyre 31% of the market. ...
November 28, 2012
Job, leadership for all of them, economic stewardship of the country. i mean, its a little bit part of the job. >> the whole job. thats what were theyre here to do. >> greta: im being sarcastic. >> thats what bill woodward said, that clinton got it done. he cant lose this negotiation after winning re-election. >> we have by washington standards a long time to nothing out. this next month will go by really slowly. >> greta: the problem is we do need tax code reform, both democrats and republicans...
November 28, 2012
Ceiling at the end of december when theyre home, so they want to do it now so they dont have to come back at the end of the year. >> its a different dynamic, republicans are willing to play more around the debt ceiling. thats one reasons the democrats want to take care of it now. republicans would rather leave that for later. >> the story is going to be, i think, its going to shift a little bit from republicans trying to make their way toward more revenues or agreeing to a higher tax rate for th...
November 28, 2012
Job, leadership for all of them, economic stewardship of the country. i mean, its a little bit part of the job. >> the whole job. thats what were theyre here to do. >> greta: im being sarcastic. >> thats what bill woodward said, that clinton got it done. he cant lose this negotiation after winning re-election. >> we have by washington standards a long time to nothing out. this next month will go by really slowly. >> greta: the problem is we do need tax code reform, both democrats and republicans...
November 28, 2012
It doesnt change that. i dont understand why they dont care about that? >> now democrats are saying social security should not be on the table. some democrats say medicare should not be on the table. republicans arent going to give away taxes, whether its rates or withholdings unless they get meaningful entitlement reforms. >> i think for the piece of the tax fight that matters here its a matter of principle. >> greta: its called grudge. >> no. its called winning. he campaigned on this around th...