Page 52 - Spending Program News Today

>> open paper they say it is paid for. the devil is in the details. but nevertheless, i would imagine it looks bad for a lot of democrats, especially in competitive democrats, coming back to washington in the middle of august to pay for more spending whether you justify the spending or not. >> sure. this is a $26 billion bill something that has been touted by organized labor who lobbied for 19 pelosi and the tells to come back after the senate passed it so many people will see it is a big spendi...

>> i think thats what the president is doing. the dnc is going after the far right tea party people who obviously look extremist. meanwhile, the president is going after the sort of -- what i would call the average american who has sympathy with the tea party, reminding them how we got here. you know, its a spectacular. i think this is why senator reid will bring all this stuff up. the spectacular of the republicans wanting to blow a $850 billion hole in the budget, that began these problems on ...

Wanting to blow a $835 billion hole in the budget by giving tax cuts to people who began all these problems were having on wall street is unbelievable while theyre still talking about cutting social security at the same time. thats the republican party that we need to remember. thats the republican party that was in charge for eight years, sending people to iraq, giving huge tax cuts that were never paid for. republicans dont care about balancing the budget. their spending program is tax cuts fo...

Their spending program is tax cuts for people who make lots of money. our spending program is health care. the american people will make a choice there. it really is a choice. the president is appealing to more normal tea party people reminding them what its like to be in a republican administration and how bad their fiscal policy was. >> you mentioned mr. reid. its almost scheduling a boxing match in the late summer or beginning of the fall over this subject of tax cuts for the rich in the fina...

Economy, a vast unaccountable bureaucracy in washington, debt that is out of control and a senator named barbara boxer who has failed us. those are the issues. i hope we can talk about that many more times. >> sean: i look at barbara boxer in all honesty as one of the most radical politicians in washington now. in my view if she has her way, the deficit will be more massive. government will be bigger. taxes will be higher. our national defense will be weaker. she has gone along with the reid, pe...

Bureaucracy in washington, debt that is out of control and a senator named barbara boxer who has failed us. those are the issues. i hope we can talk about that many more times. >> sean: i look at barbara boxer in all honesty as one of the most radical politicians in washington now. in my view if she has her way, the deficit will be more massive. government will be bigger. taxes will be higher. our national defense will be weaker. she has gone along with the reid, pelosi, obama agenda. her poll n...

Air dropping earmarks into bills at the last minute so nobody knows that its really there. and well outlaw monuments to me. this is for projects with their name on them. >> its hard for me to believe that congressmen and senators that continue their addiction to earmarks in their support for almost every new spending program have read the same institution i have. >> some of the antiearmark. we really need to ask the republicans about the politico here mark list. a new report says the top earmark...

This is what lawmakers earmark money for projects that have their name on them. >> its hard for me to believe that congressmen and senators that continue their addiction to parochial earmarks and their support for almost every new spending program have read the same constitution i have. >> of the anti-earmark red meat youve been hearing at cpac this week. earmarks are the scourge of conservative politicos. and to get the real deal on earmarks, you need to ask the republicans, because theyre real...

Jon: a new report from congress shows the nations social security fund is, guess what? in financial trouble. the entitlement program that provides more than half of the income to a majority of retirees is now taking in less in taxes than it pays out in benefits. jim angle is live in washington with more. this is, according to some, the most popular program ever created, but i guess, jim, like everything else in government its having financial troubles too. >> reporter: im afraid so, jon, and tha...

For a meeting on jobs and the economy, specifically hes expected to roll out a new spending program to boost community banks. the idea is to spur about $300 billion in new small business loans. wendell is here to explain how this would all work, hes at the white house. >> reporter: hi, jane. this is the presidents attempt to take a portion of the wall street bailout which was hugely unpopular and turn it into something that looks more like a bailout for main street. hed use about $30 billion in ...