Page 15 - Spending Patterns News Today

Spending thats over and above how much money we have and so youre forcing a-debt limit, why not do it cleanly at least through the end of the year? >> thats one way to look at it and a fair characterization. the other way thats more per swaesive is were in this jam. we have $14 trillion in debt based on irresponsibility in the past. both sides of the aisle have been complicit with this, but the public made it very clear they want the madness to stop. the only way to stop the madness is if you ar...

>> good morning. >> >> in terms of a short-term shutdown, they cant get to an agreement, shuts down a week or two, how harmful do you think that will be to the economic recovery? >> well, a week or two is actually not a short shut down joun. if this is just a couple days it will be like a snowstorm, thats what i tell people. you know, there will be fewer workers working and less money being spent, but as this lengthens and extends for two, three, four weeks, we havent had that kind of shutdown b...

Loyalty card schemes arent new. theyre a benefit for customers and businesses alike. as a chairman, michael knows the scheme can be a winning addition to his business. >> with these, michael hopes his customers will keep coming back and with that increase the money they spend in store. >> what it really aims to achieve is to connect more closely with customers, get their loyalty, and in return, to increase our sales. >> for michael, this is more than just a smart business strategy. this is his o...

So we have talked a lot about bringing spending levels down to 08 levels. weve talked about things that we can do to make sure that off into the future this kind of spending doesnt continue. when i went back and told you three bites at the apple, the other pieces are budget. were going to work on our budget and say, look, well have to institute some reforms to make sure these spending patterns dont recur. >> if you say serious spending cuts, you dont have something specific in mind. youll know i...

What will you exact as a promise in order for your members to vote to increase the debt ceiling. >> let me be clear. republicans are not going to vote for this increase in debt limit unless there are serious spending cuts and reforms. >> like what? >> that is just the way it is. so we have talked a lot about bringing spending levels down to 08 levels. weve talked about things that we can do to make sure that off into the future this kind of spending doesnt continue. when i went back and told you...

Deficit and does not help the economy. i vote forward 39% rate for this group of people under bill clinton and predictions that would be economically disastrous were, of course, wrong, the notion that well it is a recession so dont worry about the deficit they did apply unemployment, now backing down from unemployment. i have communities that i represent that are going to have to lay off firefighters and public works employees and police officers because the republicans say, oh, well, you cant d...

If we look at our spending patterns and if you look at someones checkbook, you can see where their values lie. only three things we can do with money, spend it, give it or use it to build, whether its investing, starting a business, paying it forward and trying to see if we can create legacy for future generations. at the end of the day our spending pattern as much as 70% of discretionyiry income is sped on things we dont need. we have to figure out what our values lie and figure out how we can ...

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Latest updates on this topic.