Page 18 - Spending Problem News Today

Failed to meet the needs of the american people." the white house says this budget proposal is aimed at keeping americans safe by increasing defense spending and including more than $8 billion for the border wall but its also slashing funding for many domestic programs, including medicare and medicaid. >> washington has a spending problem and it endangers the future prosperity of our nation for generations to come. this budget contains nearly $2.7 trillion in savings, more spending reductions pr...

To a sicker, weaker america, democrats will reject this toxic and descriptive request that would fail to meet the needs of the american people. the white house says it is aimed at keeping americans safe by increasing defense spending and including $8 billion for the border wall but cutting funding for many domestic programs including medicare and medicaid. >> washington has a spending problem and it endangers the future prosperity of the nation for generations to come. this budget contains nearl...

President, and the republican minority supports working-class welfare recipients. >> the acting white house budget chief says the cut involved in this would involve $2.7 trillion over a decade, largest proposed budget cut in the nations history. lets see what happens. heather: we have a spending problem in washington dc, i applaud the president and director mulvaney for taking a stand to get spending under control. heather: i cant do it so they shouldnt do it either. appreciate your time. the ti...

This is the president putting out whats supposed to be b the whole blueprint for how we would guide the country forward, but the reality is that the budget has become less and. >> lewis: serious around this just demonstrates this. that this will have a big fight over the wall and nobody will notice a couple of key things here. this is a president who for years was critical of barack obama and all the debt he added, but this budget would add another $7.5 trillion to the national debt over the nex...

Problem and ilt endangers the future prosperity of our nation for generations to come. >> so he said it gets hard er t balance the budget every year. congress doesnt go along with their spending plan. so my question is it congress fault? is it the white houses fault? the administration asking for a 5% increase in defense spending to 750 billion. heres what he had to say about that. >> and to be clear, this is not funding for endless wars, this is for research and development for the most awe ins...

>> no president has done more to restart our economy, restart our economy than president trump. promises that he made while running for office. this great progress is threatened by our unsustainable national debt which is nearly doubled under the previous administration and now stands at more than $22 trillion. annual deficits are continuing to rise and will exceed $1 trillion a year. its projected that interest payments on the national debt will exceed military spending by 2024. washington has ...

Washington doesnt have a revenue problem as you know. its a spending problem. we ought to keep taxes low. >> neil: and you led this parade and i want to tip my hat to you on that. >> thank you. >> neil: four out of ten minutes think the tax cuts were a good idea. >> i dont think thats correct. i ask what do you think of trumps tax cuts. it mirrors his approval rating. you talk about lowing the rates for everyone, doubling the child credits, the numbers turn around quickly. thats what we find bac...

Were exchanges for money. does somebody donate to the inaugural committee and think they will get special treatment or access to the white house, as a lobbyist? >> kennedy: i think thats what everyone assumes when they make a big political donation. thats what they are buying. they dont just donate money to campaigns and pacs and everything else out of the kindest of the heart. and certainly not somebody who donated to barack obama. she started donating money to the presidents inauguration commi...

>> well, the trillions more in spending is mostly in defense, as you know, and the republicans have been very strong supporters of that spending. thats where we -- >> neil: not exclusively there. over the next ten years, its going to add more as things are standing now than under barack obama, so obviously not having cast aspersions on democrats or republicans. but the problem is the spending. >> we have a spending problem but we have a greater paying for problem. >> neil: isnt the paying for pr...

Tax revenues in 2018 the highst they have ever been. the problem is spending went up. we have a spending problem. i think thats what trump believes. the problem is frankly neither party is very much interested. democrats want to spend money on the best and social programs. we spentd more on both. shame on both of them. >> on unplace of employment really quick it stands at 3.9%. last time it happened it was a third year of budget surplus. whats different now? >> it is the ageing of population. yo...