Page 9 - Spending Increases News Today

The economy. >> thats a tax increase. >> thats a tax increase. >> and cause it to crater. >> david? >> juan, as long as you support obama, as long as anyone supports obama they are complicit in obstructing any kind of deficit reform, any entitlement reform, any reduction, this is not serious. obama wants to have spending increases. he will never go along with simpson bowls for two primary reasons, one, it involves tax reform across the board. and it involves spending cuts. he will not go along w...

He just got new tax increases at the beginning of this month. and now they are calling for even more tax increases, and they are not calling to cut spending. they are calling for spending increases. so basically what theyre saying is, they want americans to pay more so washington can spend more. thats not going to help the economy, and that is not going to close the gap and balance the budget. the reason we want to balance the budget is not to make the numbers add up. we think thats necessary fo...

Ended up finally leading the house to vote for last night? >> no, because last night was not a final deal. last night was a debate over how much of the tax increase obama was going to take off the table, and he took it, its bad for the economy and unfortunate he got that. but now thats past us, what do we do now? we have a fight for four years on how to reign in obamas overspending. republicans have three pressure points, the president has none. what happened, all the republicans in the house we...

Entire discussion. and it is getting lost too much i think in the sometimes in the weeds of the back and forth negotiations. remember, the reason that were doing this is because this grew out of the 2010 elections and debates over raising debt ceiling that following summer, 2011. the entire purpose was to reduce the size and scope of government in a way responsible to the voters of that midterm election. instead what were almost certain to see is an expansion of government in the name of reintro...

we want more ben and we want him now. but tonight, the truth. theres not enough ben for america. more ben is bad. im talking, of course, about this ben, fed chair ben bernanke. today he announced hell continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of money is drying up. >> monetary policy is not a panacea, its not g...

we want more ben and we want him now. but tonight, the truth. theres not enough ben for america. more ben is bad. im talking, of course, about this ben, fed chair ben bernanke. today he announced hell continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of money is drying up. >> monetary policy is not a panacea, its not g...

good evening. im erin burnett. "outfront" tonight, americas drug addiction. its not cocaine. its not heroin. its not even bath salts. were addicted to ben. we want more ben and we want him now. but tonight, the truth. theres not enough ben for america. more ben is bad. im talking, of course, about this ben, fed chair ben bernanke. today he announced hell continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and ...

Engaged in massive spending increases. lets watch it. >> obama started spending like our credit cards have no limit. weve had stimulus and bailouts. obama added almost $16,000 in debt for every american. how will my kids pay that off when they cant even find jobs? now obama want more spending and taxes. that wont fix things. i had so many hopes. cutting taxes and debt and creating jobs. thats the change we need. >> mitt romney likened obamas spending to an inferno. lets watch him. >> rather than...

Term. that is one of the biggest congress breaks he made. the congressional budget office did look at the presidents budget and it has $400 billion of deficit reduction over years.aturten it absolutely. that is quoted as cbo. $1.5 million in net spending increases. [ overlapping speakers ] for $400 billion of deficit reduction. doesnt even come close to fixing the problem. more to the point, chris, the president has had four years to deal with this. $4 trillion deficits. four times he decided to...

Term. that is one of the biggest congress breaks he made. the congressional budget office did look at the presidents budget and it has $400 billion of deficit reduction over years.aturten it absolutely. that is quoted as cbo. $1.5 million in net spending increases. [ overlapping speakers ] for $400 billion of deficit reduction. doesnt even come close to fixing the problem. more to the point, chris, the president has had four years to deal with this. $4 trillion deficits. four times he decided to...