Page 10 - Military Programs News Today

Cost us billions of in jobs and forcing our families an communities to pay the price. so im very proud to stand here today with chairman ryan to announce we have broken through the partisanship and gridlock and reached a bipartisan budget compromise that will prevent a government shutdown in january. our deal puts jobs and economic growth first by rolling back sequestration and harmful cuts to medication and medical research and defense jobs for the next two years. now i know there were some peo...

And our sequestration cuts were forcing our families and communities to pay the price. so i am very proud to stand here today with chairman ryan to announce we have broken through the partisanship and the gridlock and reached a bipartisan budget compromise that will prevent a government shutdown in january. our deal puts jobs and economic growth first by rolling back sequestrations harmful cuts to education and medical research and infrastructure investments and defense jobs for the next two yea...

Competitive as a national party. >> neil: senator, some of the friction or whatever you call it between you and senator mccain, the senator tried to put to rest by apologizing to you and senator cruise cruz for his remarks. how railroad getting along with -- are you getting along with senator mccain? >> i have a great deal of respect for senator mccain. we disagree on some things but i respect his war service and years as a p.o.w. and hes a voice for people who believe in national security, but ...

Tumble, a difference between armageddon and tumble. the problem with sequester isnt the amount of cuts, honestly were not cutting 85 billion dollars this year, theres only 44 billion dollars in outlays, thats little over 1% of the federal budget, that is not armageddon, the problem is that theyre indiscriminate. theyre across the board cuts and i pointed out last week, theres a simple solution to that, which republicans are voting, hopefully theyre going to vote on it in the senate today, is a b...

Have called for talks with the republicans, extended an olive branch in terms of policy and the speech you suggested, too, did not do that. we are looking at crippling cuts in domestic programs and in foreign assistance, in our military programs, which really are draconian cuts. neither side wants them but neither is putting forward a realistic plans. it makes no sense. it is bad. >> this is the consequence of a washington that is so dysfunctional. the the president now says he has no idea where...

>> well thats a great question. that is one of the frustrations i have had with these discussions. if we want to get the fiscal health in better order as you just said we have to get the economic growth going. we have to get more americans working. all of this talk about raising tax rates i believe puts america at a less competitive situation. although i do think, now is a good time to be, getting serious about cutting spending. remember, jenna. this is kind of a complicated story because when w...

Through $3 billion of your tax as day. social security is close second at $2.5 billion daily. military programs come in at 1.8 billion daily. but economists say most concerning is the interest on the debt. right now it is at $854 million a day. and as interest rates rise that number goes up, creating potential snowball effect of creating more to borrow more. >> this is not theoretical. this is not a classroom exercise. you look at europe and see what happens if we continue down this path very mu...

Math of the problem we have gotten ourselves into? each day dug the month of november the government brought in a little more than $5 billion of revenue. thats a lot of money. we spend more than 11 billion a day. the difference as you can clearly sees roughly $6 billion. how can we keep spending more than we take in? economists we talk to said its simple, we cant. the government am spends more than $11 billion a day. where does the majority of that money go? here are the top four out lays at the...

Estate tax, along what he wants to do with corporate tax codes, it costs $5 trillion. governor romney wants to spend $2 trillion on additional military programs even though the military is not asking for those. its $7 trillion. >> whats extraordinary about this and the presidents position is not just to keep pentagon spending flat, the obama campaign calculated theres a political cost to romneys call for an additional $2 trillion in defense spending. defense spending should be pegged automatical...

With corporate changes. it costs about $5 trillion. governor romney then also wants to spent $2 trillion on additional military programs even though the military is not asking for them. thats $7 trillion. he also wants to continue the bush tax cuts for the wealthiest americans. thats another trillion dollars. thats 8 trilli$8 trillion demo. >> hows his math? >> its a little high. the revenue from the taxes its not quite $5 million. its 4 trillion and 60 billion. and then as far as the $8 trillio...