Page 15 - Spending Programs News Today

Have a spending problem? lets not talk about earned ente entitlement. but a spending problem they refuse to fix? >> i dont think we refuse to look at it. we are spending a lot of money because we are in the midst of a terrible wall street caused recession. where real unemployment is close to 15%. and if we do not expand the food stamp program, children in america go hungry. and if you do not provide unemployment compensation, workers will be out on the street having lost everything. historically...

$600 billion, $600 billion to $800 billion in revenue by raising the tax rates. in an economy where we are talking about a $16 trillion debt that is going to grow to 18 or are $20 trillion the next ten years it does nothing to address that and as lindsey graham said the only chance that republicans have to really deal with entitlements which are the main drivers of our debt but also other spending programs is to really dig in as he said, have the courage of their convictions when it many coulds ...

Massive tax increases that the democrats would like to have. bill: what speaker boehner said a few moments ago seemed like the white house was not even offering one-to-one, revenue to spending. the president said the other day hes two to bon or 2.5 to 1. what is it? >> you have to take into account that he wants to increase spending. he has all these new spending programs that he also wants to add on top of this. the mass phraeudz out ithe mass plays out in such a way well have a massive multitr...

Good morning, mr. bowles. >> good morning, chuck todd. how are you? >> im good. let me start with this. why arent you for going over the fiscal cliff? i heard you yesterday saying it would be catastrophic, but let me read you estimates. we go over the cliff, we suddenly have -- were basically taking in as much money as were spending over a five-year period. yes, the economy is in bad shape in 2013 but by 2018 wed have a debt to gdp ratio of 1.1%. isnt this simpson-bowles on steroids? >> you know...

People making a half million dollars a year. the president will say, okay, but well only discuss -- well think about, well promise spending cuts in the future. it will be a way of kicking the can down the road. martha: charles krauthammer have a will the more leverage than republicans realize. the president does not want us to go into a recession. well talk about that coming up. bill: democrats are all about tax hike and republicans argue massive spending programs like medicare and social securi...

Bad policy. we have seen them run the deficit . medicare. when you see the american people paying on average. 115 million a year and getting something 300 mill or 300,000, benefits in their life. we have to do something about the fee for service program and get it a defined benefit and we have to reform and preserve mandatory spending programs. >> one of the things you are best at as a communicator of the republican party. what do you tell people who are worried about republicans or democrats mi...

Bad policy. we have seen them run the deficit . medicare. when you see the american people paying on average. 115 million a year and getting something 300 mill or 300,000, benefits in their life. we have to do something about the fee for service program and get it a defined benefit and we have to reform and preserve mandatory spending programs. >> one of the things you are best at as a communicator of the republican party. what do you tell people who are worried about republicans or democrats mi...

Bad policy. we have seen them run the deficit . medicare. when you see the american people paying on average. 115 million a year and getting something 300 mill or 300,000, benefits in their life. we have to do something about the fee for service program and get it a defined benefit and we have to reform and preserve mandatory spending programs. >> one of the things you are best at as a communicator of the republican party. what do you tell people who are worried about republicans or democrats mi...

>> he wants the applause but wont do the heavy lifting the ugly stuff, putting people in a room. >> i think you are correct in that observation. weve not made progress. what we get is, hubris after this big election 2%, maybe, win theyve got a lot of confidence and shoving the numbers further than a few months ago. i think it endangers our need to reach an accord so we can avoid some of the big tax increases of this fiscal cliff. keep our country on a sound path. >> greta: what do you think is g...

Opinion piece in the cincinnati inquirer where he says, quote: poot path do you agree? >> yeah. i think the speaker is right, because the fundamental roots of our big debt problems, especially going forward, are the health entitlement programs, the medicares, medicaid and the new affordable care act. it is estimated to cost about a trillion dollars over the first ten years, and i think analysts who have looked at that estimate understand it has a risk of being much larger than that. my own work ...