Page 38 - Spending Problem News Today

To be back. >> sean: good to see you and kirsten always good to see you. still ahead, governor john sununu, rand paul is here and more, but first-- >> it is almost a false argument to say we had the spending problem. >> sean: im going to layout two very clear reasons why nancy pelosi and other democrats are flat-out wrong and lying and ill also ask former obama economic advisor austan goolsbee. we have a classic "hannity" shoutout. and an obama aide accused of calling a reporter some of the most...

That spending and not revenue is the problem? well, perhaps the president should listen to the cbo when he starts coming after the so-called rich for more money because according to them, tax revenues flowing and flowing to the record tune of 2.7 trillion dollars just for 2013 alone. here with reaction to what can only be diagnosed as obamas spending problem is the former chairman council of economic advisors, austan goolsbee, professor at chicagos boone school of business, how are you, sir. >> ...

Still not convinced? that spending and not revenue is the problem? well, perhaps the president should listen to the cbo when he starts coming after the so-called rich for more money because according to them, tax revenues flowing and flowing to the record tune of 2.7 trillion dollars just for 2013 alone. here with reaction to what can only be diagnosed as obamas spending problem is the former chairman council of economic advisors, austan goolsbee, professor at chicagos boone school of business, ...

Continuing, whatever the budget was last year, they just continue it to the next year. >> sean: so they havent done a real budget and havent put it on paper, given the american people-- >> the presidents been proposing a budget. what they keep passing is continue what last years budget was. i mean, its kind of surprising to come from you, sean, because this is like -- this has been the constitutional version of the old why are you punching yourself game. where they filibuster the presidents budg...

We want to bring rates down for all americans. so that weve got a fairer tax code, but to arbitrarily pull out a couple tax expenditures and say, we ought to use that, every american knows washington has a spending problem. >> the president, is he not committed to spending? does his deal not include over $900 billion in spending cuts over 10 years? >> the president has asked for $1.3 trillion worth of increases in revenue, and only put up $850 billion worth of spending cuts. everybody in washing...

Utilized thanks to those automatic spending cuts. kelly wright has more. >> you wish they would make a buzzer beater make a winning shot for the american people thats not happening. ner in a sequester because quote they have remappeded it and senate refused to act. the finger pointing of blaming thats whats happening right now, heather. they played out in more detail on sunday talk shows republicans and democrats talking about the cause of sequestration. republicans saying spending is a problem ...

Steve is live in washington on this monday morning. despite the fact the presidents cabinet and the president said pretty much the sky was going to fall, it didnt fall. >> not yet. even some republicans, however, mitch mcconnell, the senate minority leader, saying the sequester only imposes modest cuts, though. hes downplaying the size of the sequester, the possible impact of the sequester. nothing on the horizon that could reverse all that. house speaker john boehner saying spending is out of c...

Washington. they blame the president and down-playing the cuts as you heard. house speaker john boehner says spending is out of control. the president kicked the can they are running down the road they kicked the canon. no agreement was reach to do head off the sequester cuts. he says there was no lack offer fort on his part. >> no one has tried harder to come to an agreement with the president. the fact is the president and senate democrats have done nothing to pass a plan to avert this and d...

Negotiate in the coming months or month. thank you, sir. see you at 9:20 on fbn. martha. martha: how much exactly do the top 10% of american households pay in taxes? according to the tax foundation the top 1% pay about 37.38% of the total tax burden renn in this country. more than a third, close to 40%. the top 1% earn around $370,000 or more. so that is who falls into that big group. bill: were in sequester land right now. martha: we are. how do you like it so far? bill: im doing okay. the sun ...

$1.3 trillion worth of increases in revenue, and only put up $850 billion worth of spending cuts. everybody in washington knows what the problem is. but nobody wants to address it. ive been here for 22 years. and ive watched presidents from both parties. ive watched leaders from both parties kick this can down the road, kick it down the road, and kick it down the road. we are out of road to kick the can down. weve got a long-term spending problem that has to be addressed. i spent the last two-pl...