Page 35 - Entitlement Programs News Today

Situation in 2020 as their base of support erodes and loses enthusiasm. so this is a politically difficult situation for all republicans, the president and all republicans around. they are in a box of their own making and i dont see an easy way out of this for anybody 37. >> but, mike, this isnt rebellion against the elites. this is rebellion against reality. you have a $22 billion national debt that is going the cripple this economy. we have entitlement programs where the numbers just dont add ...

Controlled by republicans. >> the process is you do something in congress. you find something that you can pass through congress. the question then becomes who is stalling it in congress. we dont know right now. at this point it appears to be chuck schumer. >> the man in the oval office is saying im not willing to negotiate. >> thats a part of the process too. our process says he has the right to sign a bill or not. >> yelling at me to wrap up the segment. i appreciate you coming on. i want to t...

Win. as of right now, we do not have that certainty. we dont just not have that certainty on nafta either. >> what about just the big knew out of washington. weve got this shutdown. does that have any impact on the overall economy? >> that has a relatively minor impact on the economy longer term. fact of the matter is upwards of 80% of the government operations will be funded throughout the shutdown. essential services are open. all the entitlement programs are still in place. speaks to some of ...

Reforming entitlement programs is not easy, but he laid out in detail the types of policies he felt we needed to undertake. you also frankly have president trump saying hes not looking to rein in certain spending. we have increased defense spending. while i think its a short-term increase in the deficit as a consequence of the tax bill, i think over the ten-year period you would see more retch growth. as a developed cutting our tax rating was much, much lower than the rest of the industrialized ...

Happen did and nobody wants to go back and revisit that, secretary mattis has called 3 to 5% growth over inflation in order to get out of this readiness hole, provide resources that men and women need and we see capitol hill that doesnt address entitlement programs, i mean, 70 or 80% of national debt is driven by those sorts of accounts, medicare, medicaid, interest on national debt. you can zero out defense budget and wouldnt cause a ripple in reducing the national debt. i think we are doing in...

Cuts which are set to expire in 2025. >> you know, mika, this is actually, believe it or not, this is why i ran for congress in 1994. i talked about it. i talked about demographics with destiny. we had entitlement programs at some points were going to be maxed out and damage and harm our senior citizens, social security, medicare, people on medicaid. were getting there. for americans who dont understand this, this isnt a republican or democratic issue. both sides are to blame. the national debt ...

Taxes. he did that. he said he was going to appoint conservative judges, he does that. he said he was going to stand with there is a real, and he did that. one of the things that hasnt been done though, the republicans in d.c. have yet to get spending under control. they havent balance the budget, so i think thats a valid concern, but overall, and it is an important concern. i am not trivializing that. its funny to see democrats almost get religious on deficits after eight years of record-settin...

You have candidates running in more conservative states such phil bredesen. sherrod brown running in a state that trump won, but has ran prudely l proudly as a progressive. another example is when mitch mcconnell made those comments about potentially amending medicare and other entitlement programs. if you look at what senate democrats said that week, they just jumped on those comments at debates and campaign ads. they said, look, this is why you need to vote democratic candidates in, so we can ...

>> a deficit which is one of the other criticisms is coming down and it is coming down rapidly. >> thats very disturbing and it is driven by the three big entitlement programs, medicare, social security, medicaid. >> that was going to happen. the baby boomers retiring was going to do that. >> do you agree with that, the deficits and growing deficits are a problem for america? >> well, i mean, those guys are confusing to me. theyre saying theyre a problem but layering on more deficit spending. so...

Your show about dangers we face, in a new world where we are looking at a aggressive china and russia. i dont think this is the time to pull back on the military. what we might see on the appropriations committee, democrats saying if the president wants this amount of money for the military we will demand it for all the other entitlement programs. a lot of massive deficit spending already will be a problem for the freedom caucus and others. heather: big implications in national security with the...