Page 3 - Fiscal Problems News Today

Simplify them, but the fact that the two principles, and it really is the president and the speaker, who will do this deal, spent some time alone having seen the two of them in the past when we went through the 2011 negotiations, they have respect for each other. they like each other. they will be able to do a deal together. i think the meeting yesterday was extremely important. is this a nonstarter for the white house? >> well, im not obviously speaking on behalf of the white house, so i think ...

Lets bring in the panel. steve hayes, senior writer for "weekly standard." a.b. stoddard associate editor of the hill. syndicated columnist, charles krauthammer. steve, look at the numbers and you can see what elmendorf said today and put it in political perspective. >> its scary. its a virtual certainty that nothing will be done about this before the election. everybody is operating as if nothing will be done because it doesnt make sense politically for either party to do this. the problem with...

Instructions. i think its 88 pages to fill out the two pages. somethings wrong here, right? >> yes. we could use a simpler system if the president said. the right strategy for the country is both for individuals and businesses to put in place reforms that would simplify the system, make it easier for people to meet their obligation as citizens, lower rates and broaden the base. and lower the rates. >> why hasnt the president put forth a real plan, the focus this week, the buffett rule is to tax ...

Over 100,000 indirect jobs. time for the president to say yes and as i said all options are on the table. >> chris: will the house pass a budget this year and will it have serious entitlement reform in it again such as last years proposal by paul ryan for premium supports as a way to change and reform medicare? >> that was one option on how we could save medicare. there are other ideas paul ryan and ron widen, democratic senator from oregon came up with a bipartisan proposal. the idea is we have...

Over 100,000 indirect jobs. time for the president to say yes and as i said all options are on the table. >> chris: will the house pass a budget this year and will it have serious entitlement reform in it again such as last years proposal by paul ryan for premium supports as a way to change and reform medicare? >> that was one option on how we could save medicare. there are other ideas paul ryan and ron widen, democratic senator from oregon came up with a bipartisan proposal. the idea is we have...

Over 100,000 indirect jobs. time for the president to say yes and as i said all options are on the table. >> chris: will the house pass a budget this year and will it have serious entitlement reform in it again such as last years proposal by paul ryan for premium supports as a way to change and reform medicare? >> that was one option on how we could save medicare. there are other ideas paul ryan and ron widen, democratic senator from oregon came up with a bipartisan proposal. the idea is we have...

Say yesir and as i said, all options are on the table. >> chris: will the house pass a budget this year and will it have serious entitlement reform in it again such as last yearss proposal by paul ryan or premium support as a way to change and reform medicare? >> that was one option on how we could save medicare. there are other ideas, paul ryan and ron widen, democrat senator from oregon came up with aoc bipartisan proposal. the idea here is that weve gota to make changes to medicare, otherwise...

And there is a lot of political posturing. republicans want to make sure this is paid for. and they would like to see businesses receive this payroll tax cut because thats what creates jobs. everyone knows the payroll tax cut doesnt help the economy but it does help people. rick: doug, lets say you are advising the democrats, how do you tell them to play their hand. >> ron made the essential point that the republicans have to cave. you put the heat on the republicans. the one thing i would urge ...

Obama administrations position seems to be we can ignore the big problem so we can, you know, not have a tax reform, not have a big fiscal consolidation and well be fine if we buy a bunch of clunkers, going into four years. got to get off that bandwagon and start addressing our real problems. >> well, you know, kevin, bob just stay tuned for one sec is. i want to address the long-term fiscal problems, but, come on, the gop will not acknowledge the mathematical and demographic reality that if wer...

powerful allegations about murrays actions and inaction. lets go to ted rollins in los angeles. whats the latest, ted? >> well, joe, it was a compelling day in court so far. it continues this afternoon here in los angeles. all day, it has been alberto alvarez, the director of lodgistics for michael jackson and he has taken the jury inside the jackson house during those critical moments of chaos while jackson was lying on his bed. he describes the scenario where he gets a call, rushes i...