Page 17 - Spending Problem News Today

Buildup. >> correct. paul: what is this going to do going forward to the republican credibility on spending and deficits? >> tremendous a amount of damage. the president is saying elect me, reelect me, and ill take care of this spending problem. paul: theres leaking at the white house that the cuts are coming after the election. >> theyre playing the public for fools. i think its an argument for the sequester, otherwise they have no discipline. paul: when you say sequester, you mean the automati...

Buildup. >> correct. paul: what is this going to do going forward to the republican credibility on spending and deficits? >> tremendous a amount of damage. the president is saying elect me, reelect me, and ill take care of this spending problem. paul: theres leaking at the white house that the cuts are coming after the election. >> theyre playing the public for fools. i think its an argument for the sequester, otherwise they have no discipline. paul: when you say sequester, you mean the automati...

Have the largest debt we ever had in our countrys history. i think we really have a spending problem. i think the debt deal that you alluded to really highlights that fact. you know, if president barak obama signed a deal like that. >> of course. >> the fact that there has been an eerie silence as the president says it is good to go. one, all things in elected office in washington seem to revolve around president trump if you are a republican office holder, and two, the degree to which there has...

Home. >> martha: he was very upset about the passing of this bill and the norm is not -- i heard him say earlier today that ronald reagan talked in his speech in a year that they racked up $100 million in the deficit and now we do that on a daily basis, $100 million. where are the people in the republican party who care about this? >> i think you see two of them standing right here. the challenge is that elections have consequences. so the president wants to rebuild the military. its a big part ...

Addressing this spending problem. and the way that were no longer as republicans talking about debt and deficit issues that to your point we used to talk about a whole lot and we occasionally used to do something about. and so, again, im going to get hit by, you know, the folks that are the chairman of the party and others who sort of circle the wagons. but i think that there are a lot of folks out there that are thinking in their approach that would say, yeah, we need to have a conversation on ...

A president whos focussed on these actions but we also need congress and whether its democrats who currently control the house of representatives or even in the first two terms, or first two years, when you still had democrats needing votes in the senate to get anything passed, what we need are more conservatives with a fiscal responsibility outlook that will cut spending. we have a spending problem, not a revenue problem. >> understood, but hes the president, were talking about the buck stops t...

Growth. thats imperative. >> but you know the deficit is huge because they havent offset. this new report says its less than 5% of what was needed to offset the cost. >> but that hiss what happened. look at what happened in the 80s and 90s. lower taxes and lower regulations that lead to unprecedented economic growth and then republicans came in with limited spending and the big government was over. and sit down at a table and have a conversation about spending restraint. we have a spending probl...

We were debating the affordable care act, the republicans were all bashing us for cutting $750 billion out of medicare, which we werent doing either. we werent proposing any cuts in care. but thats not totally true of the republican cuts. and on the medicaid side, which im particularly concerned about because of my state, i finally got the acting director to admit that people would lose coverage under the proposal that theyve made for medicaid. theres also a cut in social security disability pay...

It being some knee deep numbers here. lets get into it, though. you look at the budget proposal and you heard the acting director saying we have a spending problem in washington does this budget tackle that problem? >> the budget absolutely does tackle the spending problem. i think in the end the budget deficit problem is one that will depend on growth. last year all the critics were saying there is no way donald trump delivers 3% growth and growth last year was 3.1% exactly what we said. even b...

Two months ago by 230 votes. biggest loss in parliament history. seeing if she can get past the post and move forward getting out of the e.u. >> bill: the white house calling for a return to fiscal sanity. >> washington has a spending problem and it endangers the future prosperity of our nation for generations to come. >> bill: the record budget proposal setting up another showdown on the hill. what will happen next. well talk to a top member of the presidents economic team. kevin hassett is her...