Page 82 - Spending Problem News Today

www.vitac.com "outfront" tonight, the plunge. the dow slid 251 point, today. theres only one other day this year that it has been worse. people are afraid. theyre afraid of the blood gushing out of europes veins. theyre afraid of the blood draining out of jobs here in the united states. ultimately, theyre most afraid that congress is too cold-blooded to do anything about it. to make a deal that could instill confidence again in the greatest economy on earth. yes, that is, still, by l...

plunge. the dow slid 251 point, today. theres only one other day this year that it has been worse. people are afraid. theyre afraid of the blood gushing out of europes veins. theyre afraid of the blood draining out of jobs here in the united states. ultimately, theyre most afraid that congress is too cold-blooded to do anything about it. to make a deal that could instill confidence again in the greatest economy on earth. yes, that is, still, by leap, bounds, everything, everybody, the ...

Paying down the debt. how can you reconcile extending the bush tax cuts which would add trillions to the deficit over the next decade and still be for deficit reduction? >> well, look, i want to broad be the base and lower the race. democrats want to broaden the base and raise the rates because they want to spend more. if you dont couplet with spending reductions, youre not going to achieve the goal that you want. remember, we deficit spend as a nation, deficit spend, $4 billion a day. you cant ...

we want more ben and we want him now. but tonight, the truth. theres not enough ben for america. more ben is bad. im talking, of course, about this ben, fed chair ben bernanke. today he announced hell continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of money is drying up. >> monetary policy is not a panacea, its not g...

"outfront" tonight, the plunge. the dow slid 251 point, today. theres only one other day this year that it has been worse. people are afraid. theyre afraid of the blood gushing out of europes veins. theyre afraid of the blood draining out of jobs here in the united states. ultimately, theyre most afraid that congress is too cold-blooded to do anything about it. to make a deal that could instill confidence again in the greatest economy on earth. yes, that is, still, by leap, bounds, eve...

we want more ben and we want him now. but tonight, the truth. theres not enough ben for america. more ben is bad. im talking, of course, about this ben, fed chair ben bernanke. today he announced hell continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of money is drying up. >> monetary policy is not a panacea, its not g...

good evening. im erin burnett. "outfront" tonight, americas drug addiction. its not cocaine. its not heroin. its not even bath salts. were addicted to ben. we want more ben and we want him now. but tonight, the truth. theres not enough ben for america. more ben is bad. im talking, of course, about this ben, fed chair ben bernanke. today he announced hell continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and ...

Money that they are not spending on creating jobs in this country. if boehner really cares about the deficit hed bring up simpson-bowles or parts of it and try to get that passed. i think what the speaker said is legit. lets get this out of the way before the election. martha: i think a lot of folks would be on board with bringing simpson-bowles back to the table. theyd like the president to sort of be the leading voice on that. monica, respond to what chris said. >> yes, youre a hundred percent...

Jobs. bill: you know what harry reid is saying? he says republicans need to express more flexibility, greater flexibility on raising taxes. where are you as a party on that? >> we believe fundamentally what we have, bill, is a spending problem, not a revenue problem. it is not that we tax too little. that we spend too much. we have to address what is driving federal spending. that is entitlement programs. we need to deal with reforms of the programs in order to save social security and medicare....

All right, guys. i think an outstanding performance. alex patterson who created this torturous course. >> brian, great job. june, great job. anna, later on, guys. should be good. >> im cringing in here. i cant even sit down im cringing so much. >> real quickly. there has been $400 right now $400 on the table to wounded warriors if you do it. folks contribute. lets get that number up. >> clayton? >> all right. if we can raise $2,000 by the end of the show, i will do t. >> $2,000? >> wounded warri...