Page 123 - Entitlement Program News Today

Be on the lines of we have a budget crisis and your benefits are going to be there and grow in the rate of inflation . well not have them grow faster because we are going bankrupt. >> kim, do you agree with james that people are ready for that. are republicans going to move ahead? and respond to the speech in that way? >> you know, i disagree. i do think it is a trap. here is a fundmental truth in washington. if you want to deal with the entitlement program the president has to lead and be on bo...

Be on the lines of we have a budget crisis and your benefits are going to be there and grow in the rate of inflation . well not have them grow faster because we are going bankrupt. >> kim, do you agree with james that people are ready for that. are republicans going to move ahead? and respond to the speech in that way? >> you know, i disagree. i do think it is a trap. here is a fundmental truth in washington. if you want to deal with the entitlement program the president has to lead and be on bo...

>> we are all concerned about the deficit apted restoring the economy. there are different approaches. we dont want to just see a huge cut that might cut jobs. some of the things proposed would cut police officers and firefighters and so draconian a lot of people would lose their job. in my opinion we cant take anything off the table. if you cut discretionary spending you cant have enough cuts to balance the budget. we need to look at military and is there waste in the military. we need to look ...

The whole green movement, thats fine, but when you say you are going to slow down the spending thing and you make an ex-exception for this kind of spending, i think you really have not understood the november thing. >>guest: well, i think that is right. that probably is a push back more than any part of this on the spending side, and he spoke about the deficit and there is in question that has to be a focused and we need to have fiscal affairs in order and the entitlement program, and the defici...

Justify all this huge spending that actually is going to start a whole new entitlement program. you know, look at it, theyre cutting $500 billion from our seniors on medicare, not to save medicare, but to start a whole new entitlement program for someone else. and one of the other gimmicks, one is called the class act. even the presidents own debt commission has said we should eliminate, we should absolutely repeal this class act because its a ponzi scheme, its something bernie madoff would be p...

Seniors but to start a whole new government entitlement spending program for someone else. even the presidents debt commission said thats wrong. a recommendation is that any savings in medicare should be used to help sustain medicare not to start a whole new entitlement program. so, to me it is the democrats who are hurting our seniors and medicare. >>neil: but, senator i can see where this is going. we have chatted in the past, the fear factor. dont raise the debt ceiling, and we go into financ...

All travel around the country. americans are as anxious as ive ever seen them. and i think his push of this massive new entitlement program that people were uncertain about, made them more anxious rather than calming. >> arent the republicans making the same fate right now? >> i dont think so. i think republicans are doing -- its always nice to see republican leaders do in office what they promised to do on the campaign trail. that was a big issue in the election last fall. i this the the americ...

House of representatives this evening passed a bill to repeal the new health care law, but right now it appears nothing will change at all. because, even as they pass the bill with the support of three democrats in the house, republicans who control the house were very much aware its pretty much dead on arrival in the democratic controlled senate. still, republicans did try to make their point saying the program costs too much money. >> our nation is broke. it is broke because of our entitlement...

Creates the moral hazard. if you promise guaranteed flood insurance, its not insurance. its an entitlement program. that is wealthy people with second homes and insurance and the market for the normal market for housing in that area. we need to scrap the program and get the government out and let a free market take hold. >> give you an example and numbers. "usa today" in an analysis found 19,600 homes in the area collected more than the homes value. from the program. >> i agree with everything t...

>> david: is the stimulus working? >> david, china -- japan lost to china because of a bloating financial sector, housing bubble like crazy and crony capitalism between big companies and the government. sound familiar? yeah, a little bit. now, for this thing, you seem to be suggesting the solution would be just earmark jobs for america. we should have stimulus spending where companies dont have the freedom to spend it the way they want it, in the most productive way. that doesnt sound good to me...