Page 32 - Spending Problem News Today

And my question was, why cant the federal government balance our budget like the households do in this country? his answer was, because america is not a family. if we balance too soon we get less revenues. gregg: my question why do they have to be tied together, entilement reform and taxes? dough end to do they. >> they absolutely do. we have a spending problem. it is not an issue of producing more revenue. were at record amounts of revenue in this nation. we have got to cut the spending and deb...

Budget. congresswoman, if passed would this alleviate or aggravate the nations spending problem and the debt and deficit? >> this just puts us further down the road. that is why it is a blank check. there is no way were going to be able to create jobs in this nation unless we get this spending under control. what were doing, gregg, were sending this debt onto the backs of little kids today. and of young people that are graduating from college today. there is no way out of this mess unless we sto...

Talking about the balancing for the sake of balancings, we tried in indiana, we balanced our budget and within a few years we were the top state in the nation of job creation. and the foundational test, if you balance the budget you will have a creation opportunity to create jobs in your state or your country that you cannot have otherwise. and thats why the pursuit of a balanced budget is so important. >> mike: you know, we had a record tax revenue last year. >> we did. >> mike: highest ever in...

Stance. were not going to, what are we going to do? we cant ignore the situation because of the nuclear and ballistic capabilities. we cant hig it out with north further cree. not -- north korea. not we will have to open a dip late mat tick channel and address this behavior. the only way we want to do that is through china. we have so limited options here and china has to get on board with this. martha: all right. >> for whatever reason theyre not right now. and i think we need to do a better jo...

Gregg: speaker of the outside bone bon reacting to the presidents budget. >> the american people know you cant continue to spend money that you dont v. the federal government has spent more than what it has brought in in 55 of the last 60 years. now think about this. you cant continue to go on like this. thats why we came forward with a plan that will balance the budget over the next ten years. we believe strongly that it is time for washington to deal with its spending problem. gregg: weve hear...

Got his tax hikes on the wealthy without any corresponding spending cuts. we need to solve our spending problem and what the president has offered would leave us with a budget that never balances. the president is also getting criticism from his left flank. vermont independent senator bernie sanders who caucuses with the democrats, is usurging the president to say millions of people will be extremely disappointed if the president, quote, caves on this issue. harris? >> well, molly in washington....

The future cost of living increases for social security and other benefit programs. >> its a compromise im willing to accept in order to move beyond a cycle of short-term crisis driven decision making. so that we can focus on growing our economy and our middle class for the long run. it includes many ideas republicans have said they could accept as well. its a way we can make progress together. >> republican house speaker john boehner, seen here with the president last november, says the preside...

That president obama back in 2008 promised that he would not cut social security. >> he is going to have a real problem on his left if he does that and if he pushes this. i will give him credit, at least its an acknowledgement after years of denials by democrats that that really is a problem. the spending problem in washington washington has to deal with entitlement spending and if they dont deal with it, they wont fix the problem. so its also very small tinkering he is talking about that and th...

Willing to accept to move beyond a cycle of the short-term crisis decision make focus on growing our economy and middle class for the long run . includes many ideas that republicans can accept as well it is a way to make progress together. >> republican house speaker john boehner seen here with the president in november said the presidents budget has modest entitlement savings and what makes social security and other problems more fiscally solvept . said the gov gave in to what the president wan...

Be hard to get democratic votes for this budget up on capitol hill, jon. >> jon: democrats upset about entitlements, republicans not happy about tax hikes? >> thats right. because john boehner is saying what this is thats coming on the table next week in this budget officially is basically what john boehner and the president disagreed over in december during those fiscal cliff talks. and after boehner walked away. he basically ended one a deal he didnt like much. and boehner today put out a stat...