Page 2 - Exploding Deficits News Today

Interest pressures, to the poll of local concerns, and to the reality familiar to every single american. its a lot easier to spend a dollar than to save one. thats what at root led to these exploding deficits an thats what will lead to a day of reckoning. but i believe with the when of these gentlemen and this -- with the help of these gentlemen and this commission, we can meet this challenge in a thoughtful way and i believe we must for the future of our country, so allan, erskine, thank you fo...

Responsibility, but in practice, this responsibility for the future is often overwhelmed by the politics of the moment. it falls prey to special interest pressures, to the poll of local concerns and for the reality of every single american. its a hot easier to spend a dollar than to save one. thats what led to these exploding deficits and that is what will heed to a day of reckoning, but i believe with the help of these gentlemen and this commission we can begin to meet this challenge in a serio...

Politics of the moment. it falls prey to special interest pressures, the poll of local concerns and to the reality familiar to every single american. its a lot easier to spend a dollar than to save one. thats what led to these exploding deficits and that is what will lead to a day of reckoning. i believe with the help of these gentlemen and this commission we can begin to meet this challenge in a serious and thoughtful way. i believe we must for the future of our company. so thank you for your p...

Jobs. i was very pleased to see a glimpse of bipartisanship in the senate recently in passing a jobs bill, and i hope that continues and i know there are going to be some additional pieces of legislation moving forward around, for example, making sure that small businesses can get financing. those are the kinds of things that i think all parties in both chambers should be able to agree to, so im very much looking forward to working with you on all those issues. i have said repeatedly, i said at ...

Those are the kinds of things i think all parties and both chambers should be able to agree to. so im very much looking forward to working with you on all those issues. i have said repeatedly -- i said at the state of the union, i said last night when i was meeting with the business roundtable, that in addition to dealing with the immediate challenges we face in the recovery, its absolutely critical that we also look at some fundamental structural problems in our economy that are hurting familie...

Be additional pieces of legislation moving forward around, for example making sure small businesses can get financing and that is something all parties in both chambers should be able to agree to and im very much looking forward to working with you on all of those issues. i have said repeatedly, said at the state of the union and last night when i was meeting with the business roundtable, that in addition to dealing with the immediate challenges we face, in the recovery, it is absolutely critica...

Private sector jobs. the rest could be state and local government jobs or saving positions of teachers. the bulk went toward medicaid helping states with budgets, unemployment benefits and things like food stamps. get the president one year ago on short term and long term goals. >> the president: we will need to do everything in the short term to get our economy moving again. while at the same time recognizing that we have inherited a trillion dollar deficit. we need to begin restoring fiscal di...

Private sector jobs. the rest could be state and local government jobs or saving positions of teachers. the bulk went toward medicaid, helping states with budgets, unemployment benefits and things like food stamps. get the president one year ago on short term and long term goals. >> the president: we will need to do everything in the short term to get our economy moving again. while at the same time recognizing that we have inherited a trillion dollar deficit. we need to begin restoring fiscal d...

Most everyone including his fellow democrats by surprise senator evan bayh announced he would not seek re-election. that brings the avalanche of democratic retirement in the senate to three, creating the next surprise, even in a tough year for the majority party retirement are still greater among republicans. the third surprise. bayhs timing might actually limit the choices for the gop in that race. the indiana senator today saying he will not seek a third term. former two-term governor cited hi...

Immediate scramble among his potential successors. its the latest hurdle for senate democrats who are struggling to hold on to their now 59-seat majority. although bayh said he could have won a new term, he simply doesnt want to be there. >> after all of these years, my passion for service to our fellow citizens is undiminished but my desire to do so by serving in congress has wayned. i love working for the people of indiana. i love helping our citizens make the most of their lives. but i do not...