Page 17 - Presection News Today

Small businesses are going to see significant tax increases at a time when they are trying to pull us out of this resection. i think there should be and would be i think republicans would welcome this if we could do something on this. theres some discussion about having this debate this september before the election. i think that makes a lot of sense. i hope the democrat leadership would decide to do it. >> greta: now in the media we are checking your travel plans who is going to iowa, new hamps...

And we have the risk of inhibiting our get in our economy. what does that increased rate does do for bringing down our deficit? is it worth it? >> in my opinion it isnt. when we cut capital gains tax in the past we more revenues in. >> greta: back to whether or not we take secretary geithners advice. id be more inclined to think he gives good strong advice if we had a trend that was much more favorable since february of 09 until now. >> the other thing is ben bernanke an important economist head...

The president criticized boehner for saying he wants to extend bush tax cuts to all americans even the wealthy. president obama said, these are the same policies that led us into this resection. congressman boehner responded today by saying the president is launching such partisan attacks because he cant sell his own economic plan to the american people. >> gregg: the official gop response today, the republicans say americans should prepare for a tax increase from democrats? >> reporter: yes, th...

15 months. that news as the labor department reports that the economy has created nearly a million jobs so far this year, erasing some 8 million jobs lost in the resection. bulls and bears anchor brenda buttner has more. >> reporter: youre fired, a lot more likely to hear that than i quit. not always. these days its not all about layoffs and firings, its about employees forced from their jobs. in fact, a lot of workers, nearly 2 million in april, left because they chose. they quit. whats this me...

Years for pensionerses when we are just coming out of resection -- recession, but you are cutting it. >> we are extending the winter fuel payment to those who presently dont get it. we are bringing forward a decision that gordon browns government has said. can i say before it goes into a game of ping-pong, there are big issues how we take care of the elderly. it is huge, financially huge and socially hues. none of us -- it is all about providing dignity to people in old age which is graces quest...

Said was there should be some minimum consumer protection in the exchanges that you propose. did i get that wrong? >> and there are in every state. and so what were simply saying is, look, lots of us have offered lots of different ideas. weve got dozens of republican ideas offered in the house in bills, in the senate, and many of us look at the point of the fact that the states, you know, do we distrust our governors? do we distrust our state legislatures? do we distrust all of the state insuran...

Federal programs but -- minor federal programs wont touch education, research, medicare, medicaid and social security. formation of a bipartisan commission will+4sñ propose ways to reduce the deficit. in other words this budget puts us as a country on the road to fiscal ruin. james born summed it up in terps -- heres what james clyburn told fox news. >> we are not going to save our way out of this resection. weve got to spend out of this recession. i think most economists know that >> sean: joi...

Federal programs but -- minor federal programs wont touch education, research, medicare, medicaid and social security. formation of a bipartisan commission will+4sñ propose ways to reduce the deficit. in other words this budget puts us as a country on the road to fiscal ruin. james born summed it up in terps -- heres what james clyburn told fox news. >> we are not going to save our way out of this resection. weve got to spend out of this recession. i think most economists know that >> sean: joi...

Is going to cause a lot more economic problems that we can handle. the housing market bouncing back as we can see. the job market. still talking millions of people out of jobs. >> sean: as the good news unemployment went down the more deceptive side there are far more people that are no longer counted including almost 600,000 this month off the rolls that we dont count any more. which makes the real unemployment number in this country 17%. michael brown, the president said he was going to fix th...

Package. im not sure we have to discuss it more. what they said would happen, did not happen. >> greta: larry summers said last -- one of the presidents chief economic advisers said in december the resection is over. weve heard the promise on the unemployment rate. of course the op-ed piece, welcome to the recovery. that seems like thats great news, welcome to the recovery. yet, the unemployment rate simply is grim. i think the reason why secretary geithner went out this morning said that was to...