Page 46 - Spending Problem News Today

I know this may shock you, i think america is stronger when theres a conservative president. and i dont think conservatives losing for the next 30 years is good for america. weve got to start winning. >> a few, but not many. lets not go overboard. >> we kind of like it. >> for my taste. >> understood. >> the republicans dont like their party now because theyre losing. when your partys losing, people in it are, like, thats their job. theyre supposed to win. theyre not supposed to do stupid things...

Term. one thing i find interesting is the defense hawks, the defense conservatives are saying you cant do this to the pentagon, youre going to endanger or national security. bill crystal said to do this would be deeply irresponsible, but youre seeing the economic wing of the party, the never raise taxes wing of the party is winning this argument. were seeing a republican party thats clarifying the priorities for us. essentially saying lower spending and lower taxes are more important than the le...

Gigantic margin, think we have a spending problem in this country. you say washington is on a spending binge. so going forward, once it hits, and it will his on march 1, how many people are going to actually be sympathetic? >> the amazing thing is the presidents approval rating is the highest since 2009. >> thats the cognitive disdense. one of the things, of course, that really affects the economy and how you feel about it, gas prices. have you noticed that they are really high right now? they a...

The deficit in half by the end of his first. its a spending problem that washington continues to put off and put off. medicare is going insol vent in ten years, social security insolvent in 20 years, and you have political posturing and thee at ricks. if the president was so worried about see quester going into effect, he wouldnt spend time on the golf course this past weekend. yes, everyone deserves a break. >> not happening. >> the american people deserve a real break. thats a break in the cur...

You cant move things from less important things in order to make certain essential tasks are taken care of. >> there are others, this is just a drop in the bucket. >> sure it is. yeah, now, remember the sequester affects $85 billion worth of spending. we have a federal budget this year will be $3.5 trillion. that is over 3500 billions of dollars. now the problem is this falls in the discretionary side of the budget which is, you know, a very small fraction of the budget. most of the budget is on...

Budget. there are accounts in the defense budget with a spend-out. some have a short time frame. the problem for democrats and republicans for the president is the democrats deny that we have a spending problem. the fox poll had 83% of the american people in the survey saying we have a spending problem. the administration and the democrats in congress, nancy pelosi and harry reid and the hl said in the last few days we dont have a spending problem. this will hurt in places. at the end of the day...

We have so have the main focus on the spending problem. the question is how the white house decides to implement this and whether or not they will play really big games jess the temptation for the white house is going to be there is some latitude in how to put the cuts into effect and do them in a way that doesnt hurt as much. their temptation is to make it as painful as possible. school districts do that always cut the fine arts programs or the school busing to make the parents want to cough up...

>> great thing about everybody wants, thinks ve a revenue problem. spending problem. this is great until its their thing that got cut. my job or my social security or medicare or whatever the cut is. everybody thinking we have a spending problem until it happens. the cuts come and price to play and then we blame somebody. there is blame on both sides but that is the politics. >> bret: does it happen? >> i think there will be -- we have sequestration. >> does it happen? >> absolutely. we needed p...

And bet paralyzed in the how and dont want to get together to figure out how, to do it together. that would be the only way to politically survive such a thing, correct? >> the problem is, you have people on the far right saying splash and burn right now when you have an economy thats actually losing track. thats not workable. on the other side, you have paul krugman and nancy pelosi who say we dont have a spending problem and we dont have to worry about the debt until 2025. actually, you have b...

We have so have the main focus on the spending problem. the question is how the white house decides to implement this and whether or not they will play really big games jess the temptation for the white house is going to be there is some latitude in how to put the cuts into effect and do them in a way that doesnt hurt as much. their temptation is to make it as painful as possible. school districts do that always cut the fine arts programs or the school busing to make the parents want to cough up...