Page 80 - Spending Problem News Today

Is mitt romney-- it is not about taxes, it is about spenning. the american people almost 4 to 1 say we dont have a tax problem, we have a spending problem. if washington stops wasting the publics money. they will not support a tax increase on anyone. >> they dont want the mitt romney/paul ryan budget that uses more credit cards and adds to the budget -- >> you tookitous $16 tril yon from $10 trillion. >> 8 years later -- [overlapping dialogue] >> sean: what does that have to do with obama -- o...

Serious because i believe we will get in a much worse crisis than in 2008. it is approaching quickly. it is a spending problem. if we get in the same situation as greece, it is a much bigger deal because we are the biggest economy and we have the reserve currency. thats what we should talk about. because they do not do this cutting and they are not serious they do not understand or they are willing to delay it or figure i cannot win if i cut something. everyone yells and screens. you cut one wea...

Reform that should be able to gain bipartisan support all in the name of keeping america great and the american dream alive. the ideas for that were heritage foundation ideas. should have gained bipartisan support, even cap and trade was really a, you know, market based solution that should have been able to gain bipartisan support. when you have republicans who say they will not accept a deal that is 10-1 spending cuts, to tax increases, is the problem really one of pushing solutions or is the ...

the shooter who brought death and horror to a sikh temple in wisconsin was a u.s. army veteran discharged more than a decade ago for misconduct. authorities say the gunman may have had ties to white supremacists, and neighbors say he played in a far right wing punk band. were learning more about how the shocking rampage left six victims and the gunman dead. brian todd is joining us from oak creek, wisconsin, right outside milwaukee. brian, whats the very latest? >> reporter: wolf, we h...

remember that, tied to the train track, helpless, her only hope is that shes rescued before she is flattened, destroyed, ripped to bits, like a penny on the train track. makes me think of the aflac ad. the government added another $60 billion to the deficit in june. so the grand total on money that weve borrowed so far this fiscal year is $904 billion. the real headline, though, is that that number confirmed that we are on solid track to hit a $1 trillion deficit for the fourth year in...

the plane land asked the passengers were taken off. a bomb squad is spongd and a delta technician has been called in to try to figure out whether the wiring is indeed suspicious. we dont know how many passengers were on board the flight but it did land safely. >> all right. and at this point in time, not to put you on the spot. do we know who did this? >> it is unclear at this time. there is some conflicting information about that. so at this time they are saying it was discovered unti...

To be knee-jerk nervous about this because any cut to food stamp, saying you are taking food from starving old peoples mouths or young kids mouth, how do they counter that without looking callous. >>guest: you do it by saying, look, we have a real problem with money here, a spending problem, and they need to frame the debate by spelling out that the 1.8 million people that are potentially cut could survive without the program. of course we have to be humane and we are in a recession, and we have...

When you have an out of control spending problem, is the solution to figure out a way to pay for it or cut spending? we have plenty of revenue right now. >> but the republicans still want to protect the top 2% when we need more money in the treasury. the democrats have said you want to go big, well go big on spending cuts and they backed off on that. the republicans wont serve it up and theyre going to protect the top 2%. how else do we read that? >> we have the most expensive politicians money ...

Barack obama. the question now is do we want to continue that plan for most people, have lower tax rates for 98%, and do we think that deficit reduction is important enough to tax millionaires? this is the problem, you dont think the deficit is important enough to tax millionaires because you and a lot of republicans dont care about the deficit. its just a device to cut spending. >> im simply saying you have an out of control spending problem. the other thing is you have to talk about fairness i...

Plan. and it should pass as long as the republicans play ball. but remember, weve seen a record number of filibusters. stay tuned. for more, lets turn to "new york times" columnist charles bloke, mark simone, and ary melber. mark, let me ask you first, why is it? why is it that the republicans want to continually protect the top 2% in the country? >> i dont trust either side on this. its not going to be great either way. the bush tax cuts were only for the wealthy, just for the rich, but 98% of ...