Page 2 - Dollar Shortfall News Today

Like you mentioned, she was behind warning about terror babies, middle eastern women coming here, getting pregnant, having babies on u.s. soil and raising them as terrorists for the future. this is normal conversation and text. >> texas has giant republican majorities in the legislature. what are they working on, given they can really pass anything they want to? >> the state faces a $27 billion, b as in billion, dollar shortfall. so theres enormous budget problems. what theyre working on so far ...

-- what period of time? [ talking over each other ] >> we have to balance each year. >> sean: how did you get an eight billion dollar shortfall? >> because people to some degree it is because stimulus point was used to run our government and it has run out. when you lose all those jobs you lose revenue. what we were faced with when we came in is a state that hadnt been reformed for so long it was amazing. there are going to be cuts. thats why we need to give managers and taxpayers at the local l...

That we need to refinance on friday. if this does not happen, we will be seeing massive lay-offses in the state of wisconsin. >> sean: as i watch this ggovernor on last night. we have the public that now is faced -- first of all, wisconsin is a fairly high tax state. we have a 3.6 billion dollar shortfall. the public if they are like me i have to pay for part of my pension. i have to part of my health care. the public pays for their own they have those benefits. through taxes they pay for the be...

That we need to refinance on friday. if this does not happen, we will be seeing massive lay-offses in the state of wisconsin. >> sean: as i watch this ggovernor on last night. we have the public that now is faced -- first of all, wisconsin is a fairly high tax state. we have a 3.6 billion dollar shortfall. the public if they are like me i have to pay for part of my pension. i have to part of my health care. the public pays for their own they have those benefits. through taxes they pay for the be...

All weeklong youve heard from the labor movement complaining about being asked to pay more for pensions and health care and the collective bargaining issue. now you are going to hear from people in wisconsin who want their budget balanced. who do not want a 3.6 billion dollar deficit and who support their governor. lets read some signs: wisconsin is break, balance the budget. how can you be a teacher and not know simple math. by june 30th, they face a 137 million dollar shortfall, that is june f...

Them walk out of the jobs and show up at the state capitol and all the time theyre on the public payroll. >> in addition, karl, comparing congress walker to president mubarak, to hitler, the civility everybody was calling for seems to have evaporated. >> in fact the president himself added to this. he says this is about clkt tiff bargaining, taking away collective bargaining, no, its not. its about saying that the state is going to require a certain amount of-- of skin in the game by state emplo...

Thing. >> go see your ear, nose and throat doctor. >> sean: i know. first they have a 3.6 billion dollar shortfall, they are in trouble like many states are. these contracts are unsustainable we can no longer afford it. they are asking them to do less than what most private sector employees -- >> every private employee has to pay something. in wisconsin they pay zero even on the health care, $200 a month that can be worth as much as $24,000 a year for a family of four. pay 10% of what you are ge...

Thing. >> go see your ear, nose and throat doctor. >> sean: i know. first they have a 3.6 billion dollar shortfall, they are in trouble like many states are. these contracts are unsustainable we can no longer afford it. they are asking them to do less than what most private sector employees -- >> every private employee has to pay something. in wisconsin they pay zero even on the health care, $200 a month that can be worth as much as $24,000 a year for a family of four. pay 10% of what you are ge...

Are unjust. >> but, sam, bottom line, bottom line here, do you see really yes or no from your perspective in washington, d.c., is there room here for compromise? there are thousands of people furious over this. yet, there is a multimillion dollar shortfall in the state of wisconsin. >> there is room for compromise. part of the reason that the rally is i think so acute, although i think it would be an issue that would get people out no matter what is because of the climate thats been created over...

Any objections to that? keeping the status quo so people can buy and create jobs. >> it is like tax credit in the bill nice to give everybody $400 once the money is gone its spent and that was. what we need to be about is sustainable environment for job growth. we are seeing at the state level now budgets having huge holes in it. my state of virginia almost a four billion dollar shortfall. last year there wasnt a shortfall because the stimulus money arrived. those same jobs technically that may ...