Page 23 - Line Items News Today

Other president, president reagan: john f. kennedy and the reagan connection. you are not hearing this anywhere else but you will hear it here. conservative members of congress calling for the $2.5 trillion in spending cuts and my next guest is a republican congressman campbell. that would be big and bigger than the $50 billion and $60 billion your budget committee chairman and others have been bouncing around but how do you get to $2.5 trillion figure. >>guest: it is not just one thing. there a...

Cuts and republican all of the republican ideas that they want to, in this pledge, you would essentially have to get rid of national parks, no more small business administration loans, no more export subsidies and no no to everything. you have to get rid of everything else. arent the tea party activists who are behind the current movement in the republican party, arent they say no more to this stuff? >> well, right. this is what is so important politically right now is that the tea partiers and ...

Everybody can talk about judy blume. everyone! disblie -- from resolutions to no solutions. he held a press conference to talk about his awesome abs. no, it was about the economy. you know what that means. thats right. it is time for another edition of hello barry. tonights specialed sew barry learns something about deficits and love. >> a few weeks ago, peter told me that after more than a year and a half of tire less, around the clock service in what is one of the toughest jobs around, he wa...

Thats mr. peter orszag. peter told me in around-the-clock snervice in on of the toughest jobs around, peter is ready to move into a job that offers more sanity and fewer line items. putting a budget together for the entire federal government is an enormously difficult task, no matter what the state of the economy. but peters job was even tougher. when we walked through the doors of the white house, we not only faced the greatest economic recession, but a $1.4 trillion deficit. a deficit of nearl...

Move onto a job that offered more san a tee and fewer line items. putting a budget together for the entire government is an enormous tax. when we walked through the doors of the white house we not only faced the worst economic crisis since the great depression, we also paced a $1.3 trillion deficit, a deficit that was caused both by the recession and nearly a decade of not paying for key policies and programs. in light of these challenges, peters accomplishments as director of omb are even more ...

More sanity and fewer line items. putting a budget together for the entire federal government is an enormously difficult task, no matter what the state of the economy, but peters job was even tougher. when we walked through the doors of the white house, we not only faced the worst economic crisis since the great depression, we also faced a $1.3 trillion deficit, a deficit that was caused both by the recession and nearly a decade of not paying for key policies and programs. in light of these chal...

Mr. blankfine and others to say the right thing to get confidence. but the risk of that is very, very great. >> shepard: i wonder long term -- youre probably the wrong guest for this but if the banks are still allowed to be whatever size they turned out to be and have enough to make multitrillion dollars bets, they have enough to make a bet on the failure of a government or economic system, doesnt we always run the risk that one of these huge banks is going to bring everything down and there wil...

Pulls it off in new jersey, chris christie has a big future. read this. >> really quick. the thunder from new jersey. new jerseys governors are the nations strongest. americans caesars who can veto line items and rewrite leng latetive language. hes reminding new jersey that wealth goes where it is welcome and stayed where it is well treated. prosperous states are practicing at the expense of slow learners like new jersey entrepreneurial federalism competing to have the most enticing business cli...

Be referring to is the cut to basic state aid is small because we guarantee to the federal government we wouldnt go below the 2006 level. >> yes. >> and weve already reached that. but -- but theres cuts to a lot of what are called nonformula line items, which are things outside of that calculation, and so were losing our adult education, where people can get geds, were losing all-day kinlder garten which a major blow to the academic progress to kids later on. were losing policemen in schools in ...

Open governor as race, essentially in new york, what is the role of health care in terms of how a gubernatorial candidate should talk about it and how do you think the democratic candidate in new york should address something like this? >> all governors wrestle with this. medicaid and expenditures whether in the medicaid budget or other line-items trying to provide health care coverage for the uninsured is a huge part of what every governor does. health care expenses are usually a close second t...