Page 151 - One Point News Today

Across-the-board cut in marginal tax rates for every household in america by 20 about percent and we will have to broaden the base to pay for that. also a deep cut in the corporate rate. most economists believe that fundamental tax reform the romney plan as a variant of that is powerful for growth. i cant imagine an argument that says that raising marginal tax rates on high income people many of whom are business owners is a recipe for economic growth. one can debate fairness arguments but im no...

And tried to define romney in the space between the primaries and the conventions when romney was a blank slate. people didnt know who he was. you heard a story you told about bain capital that romney didnt counter and didnt even counter at the conventions really. he didnt really explain what bain did. >> he personally didnt. other speakers did. >> they tried. in a way that would say im going to do for you what i did for all of these wealthy investors. somehow im going to make you better off and...

>> no, you just added largely bogus and i do not agree with that. we have had major cuts on various parts of the defense discretionary of ten year freeze. the budget window is a ten year window. the alternative that mr. romney is putting forward is no specifics. he is proposed specifically $5 trillion of tax cuts and you heard mr. hubbard saying what mr. romney says which is i will go find some loopholes to close to pay for that. >> chris: let me interrun because i want to go if i can because it...

Were in the 90s will have any negative impact that is significant on the economy and you can use the money for things that are important like cutting taxes for businesses that hire people rather than cutting taxes on the estates of billionaires or cutting taxes is for mitt romneys horse which counts as a business under their small business definition. >> chris: but mr. goolsbee, back in 2010 the president said that he opposed raising taxes on any one including the wealthy because he said the eco...

Orleans. >> tense 24 hours. with landfall in 24 hours or so, lets get the latest on isaacs path. >> our coverage continuing with meteorologist jim dickey live at the accu-weather forecast center. jim, whats the latest on isaac? >> well, we just got the 2:00 a.m., 1:00 a.m. central advisory. thankfully, isaac is a tropical storm. showing signs of strengthening here. this is the radar imagery. seeing the eye, the center of circulation on radar. theres never been a well-defined eye with the storm t...

Very good at. it is his strength. very interested to see his impression of barack obama. but very popular senator. he was a hot name at one point, along, tim pawnt ticket. nteu se that were menti ticket with romney are now somehow involved in a very hi high-profile actions with the rnc, chris christie will give the keynote speech tonight. which should be very -- rob portman. bringing the guys into the fold that were mentioned at one po >> all coalescing. all right. well have live coverage of the...

There is going to likely be even up here in mh as 24 hours of rain, nonstop. so there is widespread concern about flooding. and in fact, the citys airports are, the airport here in new orleans, it is not going to open today. >> you mention 24 hours of rain. are most people bracing, hunkering down in new orleans or fleeing from the city at this point? >> reporter: yeah. you know, theres a few people around the downtown area where you would usually see tourists. this time of year. but a lot of peo...

Day because of isaac. t issaheuse of isaac. schedule. speaker of thhn boehner is already at the convention where boehner is already at the convention where he spoke exclusively to abc news of our kids and grandkids if we dont deal with it. instead of getting smaller, its getting bigger. >> to drive home the point, you can see it, the republicans started a debt clock meant to show how much the government is borrowing, which they say is going toe fo all right. senator rob portman from ohio. >> v...

Win? >> dana: all sorts of awards are stripped if people. you have to woner at one point can technology catch up and catch him at the beginning of the race so the fellow competitors could have won. >> greg: take away all of your speech trophies, when they find your debate trophies. it will happen. you know what? media are hypocrites. people in the media use enhancement drugs all the time. people on adderol and people who drink and do things to be better performed. >> --ould you tell your -- >> j...

That is not what they create. >> juan: somebody represents workers to make sure that workers get a fair shake out of management. and people dont get exploited. that is not a bad thing. >> greg: at one point you were right but its gotten pretty bad. we can all agree there was a noble purpose behind this. >> juan: there was. thats fair. but you know what we have seen a tremendous decline in unit. not in favor in the private sector about disappeared. we are talk about the public sector unions. >> e...