Page 5 - Entitlement Problem News Today

All im asking for, send to it states for their approveal. that is all im asking for. well give you, mr. president, what you want more than anything, a $2.4 trillion debt ceiling increase and deal within 2013. >> greta: what about entitlement problem? >> its a problem. i want tax reform. and youre not going to do that in three, four, six days. its just not going to happen in a short amount of time. >> greta: if he does do taxes first for the full commission they said 3300 earmarks and came up wit...

All im asking for, send to it states for their approveal. that is all im asking for. well give you, mr. president, what you want more than anything, a $2.4 trillion debt ceiling increase and deal within 2013. >> greta: what about entitlement problem? >> its a problem. i want tax reform. and youre not going to do that in three, four, six days. its just not going to happen in a short amount of time. >> greta: if he does do taxes first for the full commission they said 3300 earmarks and came up wit...

Megyn: mike emanuel is live at the white house. we have a debt at $14 trillion. the presidents plan is to cut $1.1 trillion over 10 years? report right. bottom line, president obama said this is about making tough choices and sacrifices, though presumably a lot of the sacrifices about be made after our economy is doing better. the 2012 fiscal budget was delivered earlier this morning. it does not deal with the entitlement problem. budget officials say cutting spending and deficits will require p...

When are we going to get serious about cutting spending? and our members want to take this leap forward because it has to happen and it needs to start now. >> but, mr. speaker, if you were serious about cutting spending as you just said, wouldnt you deal with the biggest culprits in the budget? youre not doing that. youre not dealing with the military, youre not dealing with entitlements, youre dealing with a small portion, about 16% of the budget. >> this is the first step. as ive said, there a...

There are some defense spending cuts in this package. there are mandatory spending cuts that youll see brought to the floor here in the coming weeks. youll see our budget where ive got to believe were going to deal with the entitlement problem. the president has asked us to increase the debt limit. and yet hes going to present a budget tomorrow that will continue to destroy jobs by spending too much, borrowing too much and taxing too much. >> let me stop you there. theres a few things you said a...

Road back for america. i think he was saying there we do have a solution for your entitlement problem and ive put it together and it doesnt touch the old people. >> more people hitting you upside the head with a 2x4 -- >> maybe i thought this was a nod toward raising the retirement age or changing the contribution structure, but this was his moment to speak to the nation and just as with john boehners interview a few moments ago on the show, we have to have the conversation, fellow, this is the ...

Entitlement problem and they were often referring to medicare and social security but at the state and local level thats whats happening, the demographic time bomb is starting to go off as these pension funds start to get the first wave of a retiring generation thats going create this. this problem is, this is the very, very tip of a big iceberg that will go on for the next 20 years. >> i guess i should have said politically, its exploded with chris christie. >> yes. >> we remember the past coup...

Game, which is how do they provide food and energy for this land mass that doesnt have enough of its own. we can feed ourselves endlessly. they wont. >> we can be self-sufficient with energy. they cant. what they have done is a bit like falling in love. if youre in love, you believe anything is possible, and in fact you achieve war then if you dont. theyve giving themselves pride and love of their own task when they didnt have it under the communists and certainly not under the emperor its a fun...

Going on with the municipal bonds market and there is pressure all across the board to cut spending and you have to believe, two years is a short-term in congress and if some of these folks dont deliver in terms of that mantra, they will be up against a tough re-election, i would assume. >> they are and one word of warning to the tea party, i mean, this stuff cant turn around overnight, you should push for -- as much as you can possibly get and, certainly, is worth holding the feet to the fire o...

Brouhaha the commission cannot be worth the paper its printed on if to raise the possibility of addressing a big entitlement problem of social security, you have to be an idiot not to include it, this is a kangaroo court, and you know it. >>guest: the government is spending too much money and americans know it. everything needs to be evaluated and reevaluated and figure where we can cut. i am not saying cut all social security, make sure that is clear. >>neil: neither was he at appearances on th...