Spending Baseline News Today

the same view there, but what ive witnessed, especially over the last couple of years is a complete change, getting rid of what i would call the loony left, where extreme socialist policies, rather than creating a wealthy britain. tell me about the courtship between the billionaire and the socialist, between you and keir starmer. i dont know whether i would call it a courtship, to be honest. my thoughts on labour historically were very negative, and what ive seen now, the more and more...

Do with tax reform. it is the revenue baseline. it is the obamacare taxes that themselves affect tax reform. heres the way the math works. if we repeal the obamacare taxes, then that is a revenue baseline we dont have to put into tax reform. if we dont repeal the obamacare taxes, it is my position that were just going to leave the taxes over there with obamacare and reform the rest of the irs tax code. but it does make tax reform harder. it is all about the revenue baseline. nothing to do with t...

Not to -- >> what? >> -- totally upset the cosmic balance here. i agree neither side is really reaching out and saying, you know, lets make a deal here. i think its very hard. and i think the point to keep in mind is like the shutdown of 95, 96, this comes politically at a similar time. theres a new republican congress, the momentum in that congress is all from the right, and they think they want to -- i think they want to go to war on this, and its hard to -- its got to be hard to make a deal. ...

Thats -- were here. because well, gold prices are climbing. its over $1200 an ounce today. because people dont trust any of these things. that is the problem. now, look, it started with bush, and obama, just keep -- obama is putting his foot on the pedal and doing more. at least $4.4 trillion have added to the ten-year spending baseline in the last 31 months. $4.4 trillion. when bush left office in january 2009, the national debt was $10.6 trillion. here we are, 18, 20 months later. were $5 tril...

Thats -- were here. because well, gold prices are climbing. its over $1200 an ounce today. because people dont trust any of these things. that is the problem. now, look, it started with bush, and obama, just keep -- obama is putting his foot on the pedal and doing more. at least $4.4 trillion have added to the ten-year spending baseline in the last 31 months. $4.4 trillion. when bush left office in january 2009, the national debt was $10.6 trillion. here we are, 18, 20 months later. were $5 tril...

Maybe america will happen and im wrong, and i hope i am. i dont win in this either. were all broke. but when you look at the facts of what were doing and what is happening, sorry, its darn near impossible to come to any other conclusion that at least, a bare minimum you should consider it a pretty good possibility. not a mortal lock, but a possibility. joe biden says no doubt were headed in the right direction on the economy. we are just getting started with the news of the day. how about this o...

Spending baseline. who is going to lend us more money? august is normally slow, but recent years, not that unusual but if you have to go to 99, remember people werent trading from their laptops at home in 99. ebay, you know, the baby wasnt on the blackberry firing off transactions in 1999. that might be alarming for some. a piece of good news that the press would like to report. gas prices are dropping. good for you! it is good for your wallet if you want to go some place. why? why are they drop...

And i agree with stephen moore -- >> what? >> not to totally upset the cosmic balance here. i agree that neither side is really reaching out and saying, you know, lets make a deal here. i think its very hard. and i think the point to keep in mind is like the shutdown of 95-96, this comes at politically a similar time. theres a new republican congress. the momentum in that congress is all from the right. and they, they think they want to, think they want to go to war on this. >> but you know, ali...

Cut spending, but their spending levels started from such a high baseline they do what they think theyre able to do on the spending said and make the up the rest by increasing taxes and i think what weve arrived at is a point here in the states like california and new york, and illinois, where the voters understand that this gain cannot go on forever, that the spending baseline cant just ratchet up year after year and close with tax increases, property taxes, sales taxes, it hit the wall. you ca...