Page 4 - Spending Items News Today

there was plenty of talk about the dire consequences of the looming fiscal cliff. were talking about tax cuts expiring for everyone automatically, payroll taxes going up, emergency unemployment benefits ending and, of course, the $1.2 trillion in so-called sequestration cuts. about half of that sum is going to come from defense. >> the obligation of the commander in chief is to act like the commander in chief, and that wld be to prevent these cuts, which in the words of his own secreta...

with four days before congress high-tails it out of washington, there was plenty of talk about the dire consequences of the looming fiscal cliff. were talking about tax cuts expiring for everyone automatically, payroll taxes going up, emergency unemployment benefits ending and, of course, the $1.2 trillion in so-called sequestration cuts. about half of that sum is going to come from defense. >> the obligation of the commander in chief is to act like the commander in chief, and that wou...

Spending over the next ten years, a person with a 50 to $99,000 bracket, pays an additional $38,000 and change in new taxes, if you are in the 100 to $199,000 bracket, you will be paying an additional $101,000 over the next ten years. are you liking that so far? can you write a check for the $101,000? by the way, if you want to calculate how much certain spending items will cost you? heres a great tool and i hope you will use it. go to foxnews.com/your money. foxnews.com/your money. take a look ...

Spending over the next ten years, a person with a 50 to $99,000 bracket, pays an additional $38,000 and change in new taxes, if you are in the 100 to $199,000 bracket, you will be paying an additional $101,000 over the next ten years. are you liking that so far? can you write a check for the $101,000? by the way, if you want to calculate how much certain spending items will cost you? heres a great tool and i hope you will use it. go to foxnews.com/your money. foxnews.com/your money. take a look ...

>> reporter: well, i missed you as well. i almost got hit by a truck here -- >> i didnt know they had trucks back there. we were listening to the press conference earlier today with the president. it was about the budget. you were right there in the front. i want to ask you about that. the president was being asked about his cuts and the priorities in the budget. he used the expression, using a skal pep as oh possessioned to a machete. if youre one of those people seeing their taxes increased or...

Those are mandatory spending items. and there are a couple other things. those are the requirement ones. really everything else government does falls into the discretionary pot. so it may not be realistic to go that deep that quickly. so if you come up with a measure that would cut spending some and raise taxes some, that will be, that will go down a little easier. even though there is a lot of partisan warfare over this, thats the problem. its lack of political will to do something that would w...

Cause. bushs too big spending items were no child left behind and prescription drugs under medicare. have you guys moved at all to repeal those things? >> no. and, pat, i would take a little issue with you as to why the firing. certainly spending was a huge issue. but people had also begun to tire of the execution of the war. and also we had corruption abounding on our side of the aisle. i think we had about eight people either under investigation or under indictment at the time. it is about hav...

♪ hi. oooh, minty. [ sniffs ] so what do you think? fresh. [ female announcer ] for a fresh breath feeling that lasts up to 5 times longer, theres new scope outlast. . >> sean: welcome back. on this special edition of hannity we are counting down the 102 most ridiculous spending items in the stimulus plan. number 59 close to $400,000 to duke university to study why adults with attention deficit disorder or adhd smoke more than regular adults? maybe it is because they are easily distracted. wan...

On these spending items. look at the record. ive introduced budget legislation to ensure that the cost of government, the federal budget doesnt grow faster than the family budget. ive actually written budgets in congress. but again, what was annual budget deficits under republicans have become monthly budget deficits under democrats. republicans are rank amateurs compared to democrats. >> we have a budget of about $3.8 billion in outlays by the president to date. once you take out medicare, medi...

Thats the question i asked on friday and he declined to answer it. with the release of his budget, he does obviously answer the question and the answer is yes. you cant be fiscally responsible and do these things. you cant have it both ways. >> this blame game under president bush, i dont think he was known for vetoing spending bills. president bush. >> no, he wasnt and its one of the reasons that republicans were let out of office. when it comes to spending, there is blame on my side of the ais...