Page 12 - Spending Programs News Today

When it is in fact not a repeal at all. its simply an amendment to obamacare. and i appreciate the fact that there is two other steps. but hes going to need 60 votes in the senate to get those steps passed. and i think politically -- i think im speaking politically now i think he would have been better off if he had just said what it is, we are not going to be able to repeal obamacare because we dont have democratic votes and leave it to the democrats to help fix the system. >> jamal, do you thi...

Notion that tie it with a big infrastructure plan, whether donald trump wants to do that or not, because its not integral to this. >> i know a lot of republicans in congress would like not to do the infrastructure thing. they think that is obamanomics. it failed and they dont like big spending programs. infrastructure spending has been done by president obama, president bush. didnt help the economy that much. so if you bifurcate it, do the tax cuts, do that first and then the infrastructure, gue...

He is certainly feeling pretty great, he has noted the surge, and there is one gentleman who made dow 20,000 hat in may of 2013 and was very optimistic, and he is right. heres another one, and heres the one from the new york stock exchange. this one goes up and down, i hope we dont go down. i hope we continue to go up for the 401ks and iras, so the optimism continues. >> jon: well right now democrats and republicans are in a battle over the affordable care act. republican congressman pete sessio...

In reconciliation. the legal structure of the exchanges cannot be dismantled under reconciliation. subsidies can. we need to be clear. there are things in reconciliation of obamacare that can be dismantled. that affects the budget. tax credits or subsidies or other spending programs. but things that arent spending are not from the federal budget, cannot be done in reconciliation. they need regular legislative order. 60 votes in the senate. not all of the affordable care act can be repealed that ...

Candidates to offer any more specifics how they might slash the $19 trillion debt. tuesdays final debate is the last time hillary clinton and donald trump had an audience of millions to offer details. heres how clinton tried to sell her plan. >> i have said repeatedly throughout this campaign, i will not raise taxes on anyone making $250,000 or less. i also will not add a pen kny t the debt. >> a reality check analysts say is not entirely true. she didnt mention her spending programs. when thats...

Incentives to control cost. you use the systems you have. >> i see. look ahead for us, doug. what is coming up in the budget battle we need to be aware of in terms of catalysts? >> i think what they have done is, you know, set this on auto pilot through 2016. so i dont think were going to see a big battle that was the idea get through the election year without having difficulties in that front. but immediately after the election, the real challenges start. the big spending programs, the medicare...

Odds of this turning out beautifully really arent that great. >> gop leaders are playing down talk of a government shutdown, but some conservatives seem to be determined to use the spending legislation to strip funds from planned parenthood. what are you hearing about that? >> well, this is really the big concern of the leadership in congress. the deadline is the end of the month, end of september, otherwise, the government is without funding. the plan really was to pass a stopgap bill, a tempor...

Breath of knowledge that jeb bush brings to the table. he brings a lot to the table, much more than those two issues. he has a life long legacy to stand on. >> jeff, is his past a legacy or an asset? >> well find out. in the initial stages, it is an asset. he started at 100% name recognition which the other candidates do not. he certainly has the ability to raise money. everyone will take him seriously as a candidate. the problem is -- the irony is, his brother is now seen by the republican base...

Congress, is this issue of the budget cuts. carter has deep experience in knowing the weapons, what is needed, what is not. what these various huge spending programs really accomplish. the ships, the aircraft, the armored vehicles. hes going to have to come in and try like every defense secretary to cut the budget. congress talks about it as everyone on this panel knows but whether congress agrees to cut the budget because it means job in their district, they always push back on the defense secr...

Come on, man. this isnt about me. its about the major problem. heres the deal, say whatever you want, but unless were willing to address this, were in financial quicksand. here are the numbers in the coming fiscal year. the government will lay out a $3.8 trillion, about 70% of that for mandatory spending programs, mainly social security, medicare, medicaid, and interest on the federal debt. this basic math. the congressional budget office predicts each year over the next 25 years our government ...