Page 4 - Spending Problems News Today

Alternatives. let me talk about the one state really pushed through a terrific pension reform, probably the best in the country. but if you loo tk at other states where the democratic coalition is dominant, illinois for example, new york state and california you can see a very different policy mix. which direction are they going? >> their policy mix is to mirror what is happening in washington. do not address any of the structural spending problems. continue to add spending and then ask your tax...

With the president. >> no, no, knee no, listen. i did not say that. nobody ought to read anything into this. weve got differences, but the country has got big spending problems and weve got to get serious about addressing them. >> this isnt the first time that something like this has happened during talks with the president. why you should have faith that when you negotiate with him -- >> listen the president knows that ive already been able to deliver on any promise that ive made with him. the ...

Compromise means no firings of any great magnitude starting january 8. january 8, thats the first company reports. there will be a foot race to fire. who can fire the most? who saw the recession coming? and i think that compromise, which i believe the president is actually offering, avoids those firings. avoids the big spending problems that youre going to see. theres no valentines day. theres no easter. theres no big spending days coming if you go through and dont compromise. >> heres what i th...

That extends lower tax rates for the wealthy in particular. that comes as top republicans in the senate draws a line in the sand saying political ideology cannot rule the negotiations. >> the only balanced approach is one that includes real and lasting reforms. so republicans have stepped out of our comfort zone, weve been clear about what well do and what we wont, and yet we remain at an impasse. leading us to why ask why? because a vocal minority on the hard left continues to argue from the le...

Clock showing how much debt we are acquiring and not too far from that, how much we have add since the republican national convention started, you get a sense of the urge answer of our spending problems and the urge answer of addressing it. this has been the backdrop of the theme of the convention: what we owe, what you owe. republicans hope that it resonates back home that is your visa bill. and we were nowhere close to paying it and mitt romney closing the deal on how we dress it. the business...

$1309 billion -- $1 09 billion piece of legislation, and more on college loans but i see a lot of zeal for adding to the pile of debt, and not much to at least start digging through that debt. >>guest: that is right, the same kind of spending problems that is gotten us $16 trillion in debt, that have led us to point where we have gone three years without a budget resulting in our continuing to have $1.3 trillion annual deficits. that is the same kind of things we are following right now and that...

really? and maybe a bunch of billionaires as well. what many people are asking is to buy or not to buy? that is the question today. ali velshi and christine romans have very, very different opinions on whether you should buy in or not. im curious. do you buy? im on facebook. love facebook. is this going to be apple or not? >> remember, apple went sideways for a long time and almost went out of business first, right? its more like google maybe. google went up. >> both were game changers...

During law school. for a lot of students who, like me, are on public mazatlan exciewrgs in order to interest scholarships, thats protect us. says a lot about mexico. practically an entire summers just have to report the truth. salary. >> bill: let me get this straight, ms. fluke and im high oil prices are not a supply and demand issues. asking this with all due speculators are driving prices respect, i am. you want me to give you my higher we should have laws hard earned money so you can against...

You know, theyre changing their business plans, and theyre going at education in a different fashion. and theyre willing to upset convention in a lot of different parts of the american economy in a parochial way and they feel walled off from whats going on in the national politics. >> the thing that nobody will say, at least if theyre running for office, is that the hard lesson here is that our revenue problems have to be solved by raising taxes, probably on everyone. and our spending problems h...

Parts of the american economy in which parochial way and they feel walled off from whats going on in the national politics. >> the thing that nobody will say, at least if theyre running for office, is that the hard lesson here is that our revenue problems have to be solved by raising taxes, probably on everyone. and our spending problems have to be solved by cutting. and nobody will say what is absolutely true. we all have to do, you know, its going to be painful for everybody. >> were going to ...