Page 34 - Entitlement Programs News Today

>> thanks for swearing that sweater. it makes me feel at home. >> thank you. democrats dont often talk about cutting spending, but our trillion-dollar deficits are unsustainable and the progressive tax plans that have been proposed have little chance of passing a divided congress. what would a budget proposed by president klobuchar look like and specifically would you be willing to make tough choices by reducing spending on defense or entitlement programs? >> well, thanks very much, jeremy. and ...

Platform would be turned down. part of it for i think reasonable assessment that there could be economic damage done. you know, we didnt get comprehensive tax reform under the trump administration. what we got was individuals footing the bill for a corporate tax cut. thats what we just talked about in terms of paying higher taxes. wealth taxes and some of the other proposal of the progressives are putting forth could be damaging to the economy. there needs to be a middle ground that takes a look...

Will be under 2% and declining from there george to jpmorgan, goldman sachs and everybody else who looks at this, except for the white house who is claiming 3% growth for 2019. thats a mirage. if you want to take a look at the consequences of his policies, just take a look at the budget deficit. so as we all month the budget deficit hit a low point during the crisis but came back most of the way. because of the trump tax cuts and because of the entitlement programs and all other obligations, def...

Now right before we start adding, you know, --ed as onto the things they need to do. their track record is terrible in terms of the entitlement programs? >> i think there are a lot of people who just feel like, you know what? it shouldnt be the case that i am putt in a desperate situation because of illness. >> martha: i think people agree with that i want to put up one more tweet from bette midler. it goes to the anger of these individuals successfulness howard schultz and bloomberg who really ...

A potential economic slowdown, president trumps trade war and the recent tax cuts and other spending will cause americas budget deficit to balloon. the congressional budget office projected earlier this week that the federal government will see annual budget deficits of $1 trillion for much of the next decade. the cbo also projects the total debt held by the public will reach nearly 100% of americas gross domestic product, 100% of all of our economic activity. a lot of politicians, including mit...

So under a democrat cannic president, we had the borrowing actually trailing off a bit. and this is going to become an issue in 2020. what i will say is the average american just being out in covering 2020 candidates and the democratic side, the average american doesnt care so much about the deficit and spending as much as they do lets say health care. but this is the big but. some democratic candidates will make a big deal out of federal borrowing because they it will say this administration ga...

Interests. were 18 days away from the possibility of another government shut down >> yeah, lets hope it doesnt happen you know if this had been over an issue of genuine long lasting national interest, if this had been over finally solving or beginning to address our soon too be crushing debt and entitlement programs that neither party is dealing with. if it had to deal with a matter of urgent national security affecting the safety of all americans, then maybe one could justify extreme actions li...

Since you used to be his right-hand man. he said something on saturday, everybody has made their point now and its time to make law. we know where everyone stands, we know what they want and what they dont want. how does he facilitate all these people coming to the table? because there is a deal to be had. everybody wants something, everybody hate something prayed lets trade. how do you do it? >> josh: there absolutely is, this has gone on long enough. i think the backdrop to the senate action t...

And mark zansdy weighed in too of moody analytics. if he does that even though its a scaled down shutdown they will do some real damage to the economy. you are looking at affecting about 800,000, about 420,000 of the workers affected are classified as essential. about 380,000 federal workers have been furloughed. the mail will be delivered. the military will be funded. law enforcement, entitlement programs are pretty much unaffected. steve: a lot of people dont feel it. so ultimately the questio...

For his decision. is he not going to put anything up that the president wont sign. it one, reopens most of the government. would the president sign that? its the other one, the department of homeland security that has no wall funding that the president really has a problem with the big question will he use both as maximum leverage. jedediah: my prediction he is not going to sign anything that doesnt involve border security. he has been talking about this wall for a really long time. the people w...