Page 70 - Spending Problem News Today

And we have to remember what we are dealing with here. we dont have a revenue problem. we have a spending problem. ordinary citizens like myself have to live within our means. and if we tax the top two brarkets that will cost $700,000 jobbings. >> we have lost every leverage. >> you have given it away. >> hes giving it away. republicans are not going to stand as the conservative alterative voice what are they there for up. >> hes giving up nothing. >> 250,000 to traxing of -- taxing people with ...

Puts our economy on a sustainable fiscal path in the future, a certain level of revenue gleaned from the wealthy has to be met. >> so a rough outline of the proposed deal essentially calls for $1 trillion in cuts, $1 trillion in revenue. president obama is also giving in to some of the gops demands for spending cuts on entitlement programs such as lowering costs of living increases for people on social security. now, the concessions from both sides show they could be close to a deal. in a statem...

Told taxes have never been raised when the republicans are in charge of the house. they dont believe we have a revenue problem, they believe we have a spending problem. if they do this they will be changing history. >> reporter: its hard to imagine they will. the theory is why would you feed the beast and make it bigger. we need to starve it. this is the fly in the ointment for speaker boehner for sure. there is a lot of talk that he doesnt have the support to cut these deals. bret baier broke o...

Could be more in the cards, you could have something that is more erratic than during the failed tarp vote. some think a market reaction is really what has to happen to force a deal the fact that no one can move and get to 218 votes in the house of representatives and 51 votes in the senate with a radical market reaction that gets peoples attention and we are not there yet. people are nut there. >>neil: the target of tax hikes could be changing, the talk of tax hikes is not of the that is the pr...

And we have to remember what we are dealing with here. we dont have a revenue problem. we have a spending problem. ordinary citizens like myself have to live within our means. and if we tax the top two brarkets that will cost $700,000 jobbings. >> we have lost every leverage. >> you have given it away. >> hes giving it away. republicans are not going to stand as the conservative alterative voice what are they there for up. >> hes giving up nothing. >> 250,000 to traxing of -- taxing people with ...

Jon: as you wellpointed out. jenna: here going to talk a little bit more what this all means now. jon: what a way to run a country, huh? there is a new call for raising tax revenue or increasing revenue and it comes amid efforts to hammer out a deal on the so-called fiscal cliff. republican congressman scott requiring gel, outspoken critic of anti-tax pledge is laying out the conservative case boosting tax revenue through tax reform. the congressman joins us now. he serves on the house homelan...

Rose up from povertiet to be a member of the united states congress. why are you so successful and what is it about you? >> i think it comes down to the strong faith and the lord above and a mother who believes that love has to come in the end of the switch. and she loved me. and a metropolitanor who came along in the right time and taught me basic business princeles of creating a profit and not just income it helped me to start my own career. and i would love to tell them hold on and best is ye...

Rose up from povertiet to be a member of the united states congress. why are you so successful and what is it about you? >> i think it comes down to the strong faith and the lord above and a mother who believes that love has to come in the end of the switch. and she loved me. and a metropolitanor who came along in the right time and taught me basic business princeles of creating a profit and not just income it helped me to start my own career. and i would love to tell them hold on and best is ye...

In uation where it is lose-lose for the republicans and the american people. we are trying to form political policy without political opinion. we have to get the american people behind us. we are fighting the same battles with as the 13th. and instead of owned by a planitation owner we are enslaved to the federal government. >> steve: if they are cutting taxes a trillion and cut spending a trillion that is a wash. >> we have a serious spending problem. we at our homes have to live within our min...

Constitutionally limited government and free market. today scott who will have to run again in a special election for 2014 for a chance to serve out demints full term says he remains focused on fiscal discipline to washington. >> we need to make difficult decisions. often we have conversations about how to create enough revenue to solve the problem. i learned early in my 20s if you have a problem with spending theres not enough revenue to make up for it. we have a spending problem, ladies and ge...