Page 33 - Jon Cornyn News Today

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The latest number really shows the continuation of a disturbing trend in housing. 2010, last year, is the fifth consecutive year new home sales have fallen. lets take a look at wall street as we continue to see if the dow pushes through 12,000. it hasnt quite there though for the first time since 2008. well keep an eye on the market. jon: just a few minutes ago arizona senators jon kyl and john mccain introduced a resolution honoring the victims and heroes of the tucson shooting. during the stat...

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The cbo says that the healthcare bill will bring down the level of increase in spending and it says repeal of healthcare would add about $130 billion to the deficit. we are having kind of a food fight whether thats accurate or not. even if it is accurate take the cbo numbers, the rise in healthcare spending we have not been successful in bringing it down to the rate of inflation or wage growth. whatever your healthcare plan is and however you want to finance it if it costs go up above what we ca...

Are suggesting what the president has done based on the 2007 budget numbers is inflate the budget to a huge degree. you have the 40-cents on every dollar going to service the debt now, freezing it at a much higher level than it was three years ago and that amounts to essentially a drop in the bucket, your response? >> reporter: its not enough. discretionardiscretionthe bigge. the healthcare expense not just for the federal government with medicaid and medicare, thats a real add on to the deficit...

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Brand-new record. another illustration of how difficult the work ahead for legislators are as they try to balance the budget and bring down the deficit and the 1.-- $14 trillion debt, the cbo says it will be a major challenge and in a fairly short order, well see couple of republicans come out with one of the first legislative steps in order to tackle it. and jon cornyn, a longstanding senior republican, a matter of an hour or so, to propose a balanced budget amendment, comes up year after year ...

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