Page 91 - Spending Problem News Today

Gains taxes and taxes on social security benefits. a goal of balancing the federal budget by the year 2020. joining us now from columbia, south carolina is governor perry. so, how much would the feds lose in revenue under your plan, governor? >> well, i dont really worry about what the feds are going to lose. what im worried about is getting people back to work in this country. the fact of the matter is the spending problem is what we have got in this country. im looking at a tax process that wi...

And help pay for what medicare doesnt. call this toll-free number now... martha: brand-new polls this morning show that americans dont believe that washington will be able to reign in the spending at all before the presidential election. according to rasmussen reports 73% say they think that is not likely that anything gets done before the election. 22% say they think it is likely or somewhat likely. pollster scott rasmussen joins us this mourn. nice to have you here. >> great to be with you. ma...

What we had in this bill was paid for on the senate version, the higher number that wasnt an offset for those payments. we have a spending problem because we talked about now for a year and a half and everybody knows how big the deficit is and this would add to the deficit. those funds are going to get to the people who have had the disasters. my own district has experienced that this year, that alabama, missouri, the northeast was just hammered by irene. those things are going to happen. its a ...

were talking about on wealthy americans. some of the taxes we have talked about before, limiting those itemized deductions that the wealthy take. closing loopholes on hedge fund managers, oil and gas companies, corporate jet owners and also letting the bush era tax cuts for the wealthiest americans expire when they are set to. also a little more than $1 trillion in war savings. of course, we do know that the wars in afghanistan and iraq are already going to be winding down. and thats s...

structu destruction of the wildfires in texas. this now stretches across a 16-mile area. winds whipped up flames again today. a separate fire in eastern texas killed a mother and her 18-month-old child. tropical depression lee slogging its way north today after dumping as much of a foot of rain in parts of louisiana. pumps in new orleans helped prevent any major problem there. that was good. but the storm caused flooding in other towns and cities along the gulf. in alabama, lee spun ...

but "cnn newsroom" continues right now with brooke baldwin. >> speak of washington, we have a busy two hours ahead. randi, thank you very much. hello, everyone. are you ready for this? the debt deal is done, right? not exactly. we still need to see votes happening both in the senate and the house. on the house side, it looks like some democrats could be holding things up. well speak with one of them. we expect to hear from speaker of the house, john boehner this hour. well carry that...

ill ask about red hot democrats. stay here and hear how it plays out. im wolf blitzer here in "the situation room." weve been expecting the house to vote on raising the debt limit. but it has not happened yet. the debt deadline is looming larger than ever. the deal would raise the debt limit $900 billion in the short term and green light spending cuts of roughly the same amount over ten years. offset dollar for dollar by more spending cuts. theres a lot of huge ifs involved in making...

>> reporter: i think its a step in the right direction in terms of reaching a compromise. the big question remains while we have heard that harry reid signed off on the deal, where do republicans -- the key republican negotiators in this whole deal, where do they stand on the issue? in the house as well as in the senate. well, were still obviously looking to get guidance on that. we have heard from one top senate republican leadership aide who said at least -- at least right now theyre...

the most recent cnn o.r.c. polling says 51% of americans would hold republicans responsible if the debt ceiling is not raised. just 30% would find president obama more responsible. peter moresi joins us. i have to ask you this, you are an economist, youre a well-respected economist and we have spoken together for years. do you have any evidence of what so many conservatives are saying that if we were to increase taxes at all, at all at this point in an economic cycle, that it would act...

this reid plan sometime this afternoon. expected to vote it down. it will be just a demonstration that the reid plan as is is not going to pass the house of representatives. meanwhile, the question is, whats going to happen in the senate, were there any meetings? no meetings scheduled among the leadersh leadership, a top republican leadership aide telling me mitch mcconnell doesnt want to meet with the democrats unless a representative from the white house is involved because the democ...