Is Washingtons Problem News Today

That is washingtons problem. it will be the future presidents problem, but whats at stake is a very, very important relationship for the united states. >> can be troubling on many levels, all right, well be following this, thank you. alex? first president obama did comedians in cars with jerry seinfeld. now joe biden got a chance to get behind the wheel of one of his all-time favorite cars and may have been too excited. in an upcoming episode of "jay lenos garage," biden gets to take his corve...

Materially addressed the problem. were all in it together and it was bipartisan because they dont believe in either partys go it alone approach on this. people back here in washington have figured out every excuse for not getting it done. its long past time for democrats and republicans to solve this problem. >> youve got the house and senate that cant cooperate. republicans and democrats cant cooperate. you took an independent position from the senator from oklahoma, you took a conservative pos...

Solved comprehensively and understand it has to be balanced. the plan that tom voted for three cut and interest savings to revenue. it wasnt one to one. it wasnt more revenues and cuts but it got to a point where were actually starting to change the trajectory of the debt over ten years. >> with all due respect, come with your own budget and compromise and come up with something. >> you are not knowing where you are spending. until you can tell me what you are spending and why you are spending i...

Favorable how they handled the budget. one lonely person. its pretty negative reaction. how do you respond? >> i expect that reaction. that is the results that congress has provided. system is broken. were in paralysis. our government has made promises that it knows it cant keep. republicans for democrats have been making empty promises and the bill is about to come due. were borrowing 40 cents of every dollar the government spechbdz. were mortgaging not just our childrens future, but were going...

President instead of raising the debt by 78% is what we do if nothing happened it raises the debt by 76%. >> he continues to spend money that we dont have and doesnt seem to care what its going to be ten years from now. >> phony arithmetic. >> i think the ideas are great in theory but its a moot point if the senate doesnt put something forward. >> i think its really important. im not going to cast blame on one house or the other. i think we have a job -- that is fine. im not here to defend the s...

Who would choose just cutting spending. how about combination of both? can you get it done? >> tax increases dont plow into new spending. problem we have tax increases is going to pay for more deficit spending. lets say we need to reduce the deficit. that is the problem. [ applause ] >> we dont want to chase higher levels of spending and higher taxes because youll shut down the economy. >> the point ways trying to make were putting our ideas and defining by our actions by actually writing a budg...

Place. >> you just cant blame washington, sir. >> you have to back senators tom coburns plan. start cutting now. >> waste is defined differently. you dont have a uniform definition. one says tax cut, one says its spending. we have to have a unilateral definition before we solve the problem. >> there is at least $400 billion waste and fraud of duplication just put out another study. gao put out a study over a hundred billion dollars of duplication, programs doing the same thing. congress did noth...

President instead of raising the debt by 78% is what we do if nothing happened it raises the debt by 76%. >> he continues to spend money that we dont have and doesnt seem to care what its going to be ten years from now. >> phony arithmetic. >> i think the ideas are great in theory but its a moot point if the senate doesnt put something forward. >> i think its really important. im not going to cast blame on one house or the other. i think we have a job -- that is fine. im not here to defend the s...

Place. >> you just cant blame washington, sir. >> you have to back senators tom coburns plan. start cutting now. >> waste is defined differently. you dont have a uniform definition. one says tax cut, one says its spending. we have to have a unilateral definition before we solve the problem. >> there is at least $400 billion waste and fraud of duplication just put out another study. gao put out a study over a hundred billion dollars of duplication, programs doing the same thing. congress did noth...

Budget. one lonely person. its pretty negative reaction. how do you respond? >> i expect that reaction. that is the results that congress has provided. system is broken. were in paralysis. our government has made promises that it knows it cant keep. republicans for democrats have been making empty promises and the bill is about to come due. were borrowing 40 cents of every dollar the government spechbdz. were mortgaging not just our childrens future, but were going to harm our economy. so what w...