Page 138 - Fiscal News Today

And talk about those, theyre the real issues. >> well, but we have the advantage, were not greece or spain because we print our own money, they dont. theyre behind the eight ball. the bigger issue we saw the proverbial bond vigilantes and take them out and kill them because theyre out of control. were at the point we can make the deflection point and get into the fiscal-- >> and the market. >> brenda: hold on, hold on. go ahead. >> and the bond vigilantes would be to tackle those long-term entit...

Boldly than anything else weve seen so far, that is where were heading. mike barnicle, the question is, can any of these elected leaders take the sort of bold steps that are going to be required to get us out of this fiscal mess? >> well, i seriously doubt it, joe. katty just said all politics in britain were fiscal. i suspect its probably universal, probably applies to the united states as well. i think the media has completely, largely misled the tea party movement. sure, there are crazy peopl...

>> i understand why mr. charisma wants to say its the republicans who are champions of fiscal. as long as those phrases still have meaning as phrases in english, republicans cannot call themselves that. when theyre the folks who pass the totally unfunded medicare act of 2003 along with two equally unfunded tax cuts which blew the deficit sky-high. theres also the matter of accounting tricks that george w. bush used to keep two massively expensive wars off the government books. a practice that se...

By the way, pay a lot in taxes, by putting a higher taxes on them immediately, rather than growing their potential and creating more tax revenues down the road, theyre hurting the economy and theyre hurting their ability to close the deficit. >> bret: rick, what about the politics in this one? >> yeah, i think they wont get to that point because its such a dicey proposition. look, the presidents words are out there from the campaign trail. he is now stuck in a bit of a bind. he didnt endorse thi...

Create jobs, create growth, and, by the way, pay a lot in taxes, by putting a higher taxes on them immediately, rather than growing their potential and creating more tax revenues down the road, theyre hurting the economy and theyre hurting their ability to close the deficit. >> bret: rick, what about the politics in this one? >> yeah, i think they wont get to that point because its such a dicey proposition. look, the presidents words are out there from the campaign trail. he is now stuck in a bi...

Latest updates on this topic.

Latest updates on this topic.

The crunch is because get an agreement will be even tougher next wreer when lawmakers will be facing re-election. its kind of a now or never situation and time running out. >> okay, thank you. still ahead, putting voter i.d. on trial. first, trying to stop the fiscal momentum of food stamps. first, trying to stop the fiscal

Your family. >> now the ongoing debate on capitol hill over the debt ceiling. charles krauthammer is taking on the on thepresidents approach. the president isnt interested in fixing the problem but instead breaking the gop. >> the entire strategy for the fiscal cliff was to split the republica republicans. it hading in to do, his offers had nothing do with solving the fiscal he shall ue or solving the debt. he showed no interest in reducing the debt since the day he was elected in 2008. he appoi...

Yesterday that this is one of the difficult missions facing this country right now, richard, and obviously will be when you consider the fact that the president, as he pursues this, as hes likely, to according to the "new york times," even addressing it in the state of the union address on february 12th, hell be dealing with immigration, gun control. we know about the confirmation hearing issues and then the fiscal, the debt ceiling which is fast approaching as well. >> definitely that dance car...