Page 3 - Spending Control News Today

Ronald reagan made a deal with tip oneil. it was for tax increases and spending control. >> hurt republicans when they ran for office, didnt it? >> they got the tax increases. they didnt get spending cuts. he got the tax increases ch he didnt get the spending cuts. >> do you think it was a governing mistake. if he gets elected president, is he going to regret that? >> i think the crisis we face financially is so severe that all the discussion of finances last night, you can fergs. we dont have t...

Business -- >> hold on a second. >> he takes a very different position. >> specifically talk about -- because when you came on the set, you were bothered that. >> his body of work is broader than the 10-minute interview. >> he is a great interview. i loved it. >> i think you can engage in short-term stimulus, long-term spending control. and you can go about providing a tax reform package that would encourage spending, job creation plan in the private sector. thats where i disagree with mr. krugm...

We are cutting tax rates and plugging loopholes so we get the same revenue we get today but believe well get better economic growth. you have to have two things. spending control, and economic growth. if the economy grows, thats the key secret. >> what im saying is i dont see enough significant cuts, not in the discretionary domestic spending. i think you go after that aggressively, but entitlements. i dont see enough long term discipline to save medicare. to save medicaid, to save social securi...

im christine romans. hurricane forecasters feeling the heat because the wrath of irene didnt live up to all that hype. and im carol costello. like a hurricane, rick perry stormed to the front of the gop presidential pack. the latest cnn polling gives him a double-digit lead over mitt romney. is the texas governor built for the long run? well, good morning. it is tuesday, august 30th. we are still dealing with the after effects of this hurricane. things for a lot of people starting ...

The budget. i brought a budget to the floor last year didnt pass that does that, reduces taxes and cuts spending. i think we should do this. that is not where this congress is going. what happened with the creation of this commission is the president sent congress a budget that is unsustainable and not credible. those are the words of the budget director and treasury secretary with that budget they said well have tough decisions to be made by this commission to report after the election. what i ...

The budget. i brought a budget to the floor last year didnt pass that does that, reduces taxes and cuts spending. i think we should do this. that is not where this congress is going. what happened with the creation of this commission is the president sent congress a budget that is unsustainable and not credible. those are the words of the budget director and treasury secretary with that budget they said well have tough decisions to be made by this commission to report after the election. what i ...

Economists and liberal economists have consistently both side the way you handle it is raising taxes and cutting spending. >> i dont say that i think actually if you -- my own opinion, if you start talking raising taxes that takes all the pressure off cutting spending. [ talking over each other ] >> the last time we balanced the bunt was in the late 90s we did that not through tax increases when you had spending control and mick growth. those are the two thing -- and economic growth. those are t...

Economists and liberal economists have consistently both side the way you handle it is raising taxes and cutting spending. >> i dont say that i think actually if you -- my own opinion, if you start talking raising taxes that takes all the pressure off cutting spending. [ talking over each other ] >> the last time we balanced the bunt was in the late 90s we did that not through tax increases when you had spending control and mick growth. those are the two thing -- and economic growth. those are t...

We have a lot to get through. the house is voting this hour on the tax bill it passed yesterday. its called a procedural snafu after findsing the house approved version that violated senate rules. something called the byrd rule. the bill was modified and passed in the senate but the edited version needs another okay from the house. >> paul ryan was out in force this morning making his case for the bill across the morning shows addressing the debt with nbcs own savannah guthrie. >> are you saying...

Latest updates on this topic.