Page 8 - Retirement Programs News Today

a plan b or c. senate, the other from house >> go ahead, please, carl. republicans. but theres a big problem. >> i just think that theyre -- neither of those plans may be i think that at this point they able to get through congress and probably have to go through some of these initial votes. the clock is ticking. and thats what i was referring to earlier, that the back cnn congressional correspondent channel communication that kate boulwan joins us now. continues and, you know, where s...

no deal on the debt ceiling, but it is a new day. our sources say president obama is trying to koex members of his own party, while cutting as much as $3 trillion in spending. that is going to mean changes in health and retirement programs, also puts off tax reform, something a lot of people felt is very important, until later. the details are very fluid. no agreements yet. congressional democrats are very nervous. the president trying to figure out a way to work it out. hes holding a ...

To be afraid to do what he this need to do. i dont think, neil, they sufficiently recognize what sent this big freshman class to washington. i think theres a mandate to be absolutely outside the box, a mandate to be bold. we have a once-in-a-lifetime opportunity to get our spending house in order, but, again, the longer youve been in washington, no matter what party you are. you tend to not understand where most folks are. >> well, very wisely put. congressman, good seeing you as always. >> alwa...

Debt, repair the safety net, make americas tax system fair and competitive and insure our health and retirement programs have a strong and lasting future. these issues are too important to leave to the past. if president obama wont lead, we will. >> like the republicans were on the offensive in 95 over medicare reductions, this is the back and forth. i dont think the party that is reducing the rate of increase on these entitlement programs, which ever party that is, i still dont think they figur...

♪ the president has been very clear from the state of the union address on that we need to come together in this country. people in both parties in congress torsion reduce the deficit. weve got to decide and its going to be a tough fight how do we reduce the deficit get on a more sustainable trajectory but in a way that didnt compromise jobs. >> theres four things, get the economy growing, get people back to work. save our social security, our medicare, our retirement programs for this gener...

$200,000 -- thats a choice youre doing. >> four things were trying to do for this budget. get the economy going, get people back to work. save social security, medicare and retirement programs and future generation, we want to give our children a debt-free nation. thats what this plan does and i think what this country wants. >> the debt talk comes as yet another deadline loomts. the national debt is 14.2$14.28 trillion and next month, 14.$14 trillion. if a debt extension isnt voted on, the u.s....

Save our social security, medicare, our retirement programs for this generation and future generations, repair the social safety net so that it works, not to encourage people to go on welfare, but to get back on their feet and pay off this debt. this plan, using cbo numbers, gets the debt paid off so our children -- you and i are the same age, same age of our children -- we want to give our children a debt-free nation. thats what this plan does. i think thats what this country wants. they want g...

Growing and get back to work, save our social security, medicare, our retirement programs for this generation and future generations, repair the social safety net so that it works, not to encourage people to go on welfare, but to get back on their feet and pay off this debt. this plan, using cbo numbers, gets the debt paid off so our children -- you and i are the same age, same age of our children -- we want to give our children a debt-free nation. thats what this plan does. i think thats what t...

>> and if you look at this budget, youre getting a lot of applause for being bold and courageous, but this is also an ideological document when it comes to taxes, when it comes to not going very far on cutting defense spending beyond what secretary gates has proposed. how about, you want to privatize fannie mae and freddie mac, the mortgage giants, when there is no market other than those two for the mortgages right now. >> the treasury department published it as something they would consider do...

Disclosure from deutsche bank, goldman sachs, morgan stanley. do you intend to look into the fraud? >> we plan on following the trail to all the corruption out there. unone of the important things that speaker boehner said, every committee must do oversight and theyre all beefing up for it. ours is the primary. we intend on going after it because as you said, the american people are still on the hook. obviously, aig, they put their aaa wrapping around these insuring them and thats the reason som...