Exploding Debt News Today

washington where things stand with our chad pergram. hi, chad. >> neil, good afternoon. the house freedom caucus just took a formal position in the debt ceiling debate. it endorses the bill passed by the house in april. the caucus says "there should be no further discussion until the senate passes the legislation." >> the house bill, we passed it. that is the mechanism right now sitting there that theres 11 democrats in the senate and the democratic president of the united states that ...

Better 40 years now, talking to the iconic figures, sam zell stands out, made as billions in real estate, think about that, warren buffett in stock, but the real estate they called him the grave dancer. he had this unique ability to see distressed properties that no one else wanted to touch, he would touch on repair and make the moneymakers, and he would soon become a multibillionaire. in real estate and only real estate. it made him wise and also made him one of the more frank explainers if you...

The arrest this week of top opposition leaders shows Tunisian President Kaïs Saïed is drifting ever farther away from basic democratic practices. Yet there's no mass uprising, unlike in 2011, perhaps because economic factors are foremost on people's minds.

In in february. thats what people care about thats what people will feel and see going into november. >> yeah, and my good friend chucks points about the democrat not supporting the tax cuts its very similar to the republicans not supporting obamacare ordealing with it youre dealing with something that will affect that big part of the economy and 100% partisan and the only thing bipartisan in d.c. is in competence. these guys are absolute idiots. we doubled the deficit under president bush, we d...

Trillion deficit going in. so, he had $1.5 trillion of deficit to work with and giveaways tax cuts and everything else, rather than revenue-neutral, which is what ronald reagan did, which is what bowles and simpson did, which is what i wanted to do and many republicans kind of wanted to do, i thought, but thats not what we ended up with. and chuck, the only thing about it, when you look in 86, ronald reagan did it and did it in a way that everyone was involved and got bipartisan support. >> righ...

Progress, we dont really know what the plan is going to say. its a blueprint. >> pete: blueprint but as tax expert and financial expert, whats the most important part of the blueprint, what should be nonnoarr for the president and republicans? >> i think when youre talking about getting fuel into this economy its really lowering that corporate income tax. we are talking about bringing foreign corporations to the united states to do business in the united states and creating jobs in the u.s. pete...

About the ratings. listen. >> we are now in the middle of lent and the most common thing people are giving up this year, watching nbc. apparently. for the first time in history, nbc is 5th in the rating period. we are now behind the spanish language channel. we call it "sinking of the rating." >> the host went on the rant at the end of last in and a boss was not happy about that. there was a heated e-mail exchange as nbc is rumored to be replacing jay leno with jimmy fallen so there is back-and-...

Quote: smiles of heaven can never be expected on a nation that disregards the eternal rules of order and right, which heaven itself has ordained. unquote. george washington appealing for justice. fast forward to 2013, president obama made a similar appeal. rather than focusing on americas vexing problems like an exploding debt and a weak economy, mr. obama put forth that the nations top priority must be imposing social justice. >> we must make the hard choices to reduce the cost of healthcare an...

Quote: smiles of heaven can never be expected on a nation that disregards the eternal rules of order and right, which heaven itself has ordained. unquote. george washington appealing for justice. fast forward to 2013, president obama made a similar appeal. rather than focusing on americas vexing problems like an exploding debt and a weak economy, mr. obama put forth that the nations top priority must be imposing social justice. >> we must make the hard choices to reduce the cost of healthcare an...

>> president obama was holding a fund-raiser at tyler perry the hollywood director and it shut down a lot of atlanta. >> greta: you live here in washington you get it on both ends. now to the story about the exploding debt. this is a fiscal crisis after the election, is that what they are saying? >> there are a lot of decisions that have to be made this year. there are automatic spending cuts that may or may not take place in january. what about the bush tax cuts? those are set to expire at the ...