Page 2 - Spending Problems News Today

Evaluate everything if a federal bill repealing the state and local tax deduction becomes law from new jersey senate president, mayor deblasio wants his millionaires tax, california has high taxes already the state of california and theyre saying were re evaluating everything because im just saying that whats happening in washington is concerning the hell out of me, mr. sweeney said, do you expect were going to see an exodus out of these high tax states and pressure the governors and the local p...

His health care program was going to hurt a lot of his supporters and a budget proposal that might hurt a lot of trump voters. >> i think its important that its not a budget that will end up being the budget. many obama budgets got zero votes from a democratic senator so thats how these things roll out. its an odd document, attempting to get savings from the discretionary programs and ignoring what republicans have been talking about for decades which is the real driver of our spending problems ...

I think washington is going to work better over the next four years than it has in a decade. >> let me take the under on that. i agree with you about chuck schumer. i was his finance chair in 1998. one of my closest friends. i like paul ryan. i worked with him on auto bailout. serious guy with serious ideas. the question is and problem is can he control his caucus? as we sit here today, since he became speaker, theyve passed, i think, two significant pieces of legislation. highway bill and raise...

Speaker, john boehner, threw in the towel on efforts to attach other items to the bill. just 28 republicans joined 193 democrats in approving the so-called clean debt limit increase. boehner was unable to get all of his colleagues on the same page, although many republicans want to avoid the kind of political brinksmanship that led to the government shutdown last fall, the latest example of the house speaker getting stymied by conservatives in his own party. but boehner tried to shift blame away...

From now on and will take an avalanche safety course. just when you thought we had reached bipartisan bliss senator ted cruz reappears as the spoiler. cruz said hell filibuster a house passed bill to raise the debt ceiling. his plan is at odds with his fellow republicans. they want to avoid a filibuster and any accusations of obstruction that could come with it. cruzs vow came after the measure passed through a narrow vote. house speaker john boehner spoke about his partys frustration with the...

Of how the government -- this administration unilaterally decides which portions of the law tone force and which ones not to enforce. >> then theres house speaker john boehner who may be in the best position of the three politically after he was proven right about the political folly of the government shutdown. boehner signaled this week that hes unwilling to repeat another confrontation next month on the debt ceiling, telling reporters, quote, no one wants to fault, but he blamed the presidents...

Money. this is just an example of showing they havent figured out what the priority is for nasa. nasa is national a aeronautics and space exploration. its not about the garbage we see here. >> you outline 100 examples of what you have zoned in on as egregious federal spending problems. total 30 billion. one of which is studying whether wives should calm down or not. i say yes. $325,000, ill double that if they will. >> how can we right now hearing all this waste? >> you need to tread carefully w...

Were going to find that out. >> governor, final thought? >> theres a number of lessons learned. one is when you bluff and your bluff gets called and you dont have the cards, its embarrassing. number two, if youre going to negotiate a put a stake in the ground and say ill do something dramatic unless x happens and you dont do something dramatic, again, it doesnt look so good. the republican party is going to go through a sorting out process but keep in mind, the energy and i think the media misun...

>> clearly on the debt ceiling, to get anything long-term we want to get a long-term deal that starts addressing the nations spending problems. the debt ceiling is basically youve maxed out the credit card and when the president comes and says he wants to get a new credit card to spend more, weve obviously been concerned. lets address these spending problems. >> you know very well, youve been in the house, you know very well that you are not going to get an agreement on the long-term -- the driv...

Sensible, at least starting point negotiation that doesnt include obama care, on the debt ceiling. so i think the presidents strategy is paying off. republicans are finally coming back to some close approximatation to sanity. well see what happens tonight. >> you mentioned paul ryan. newt, im going to give it to you because there were kind of crickets for a while, and boom, you see this op-ed in the wall street journal, calling for modest reforms to entitlement programs, to the tax code. not a s...