Page 5 - Spending Reforms News Today

The government doesnt create wealth, it absorbs it, the private sector creates it. >> we are getting ready for the next round of what could be standoffs, the debt ceiling and battle back and forth between congress and the white house. do you think republicans now are going to use that lever again effectively? >> i think theyll try. the danger for them is that if they carry that all the way, brinkmanship to extract spending cuts or other spending reforms, and it results in government shutdown, th...

$85 billion of spending cuts in effect. president obama and republicans are stalled over a deal to stop the spending reductions. the president is calling for more tax revenues. republicans favor serious spending reforms. >> rick: abandoned the search for a man in florida swallowed by a massive sink hole. engineers say the entire area around that house is so unstable, its too dangerous to continue that operation. so they are now planning to demolish the entire home. >> arthel: the vatican says po...

Well-to-do to expire. some of them. now he says its the presidents turn to lay out spending reforms. >> shepard: wendell, thank you. the united states troops and missiles positioned near the syrian border. the mission and the questions that come with that mission. live from the scene. how to kill an american citizen without getting in trouble? how the government can do exactly that without ever giving you a lawyer, without ever filing charges against you. how about the government just kills yo...

His weekly address. >> it means encouraging businesses to create more jobs and pay higher wages and improving education and job training so that more people can get the skills that businesses are looking for. it means reforming our immigration system and keeping our children safe from the menace of gun violence. and it means bringing down our deficit in a balanced way by making necessary reforms and asking every american to pay their fair share. >> meanwhile, republicans stressing their agenda t...

"wall street journal." so, steve, politics is one thing. lets talk about the economy first and foremost here. what does this mean right now, not having an agreement? what kind of impact may it have on our economy? >> you know, its amazing, jenna, about this story you and i been talking about this what, five weeks about the fiscal cliff. jenna: feels like forever, steve, by the way. >> it does. what this means, what happened yesterday, jenna it means were no closer today to a deal than we were fi...

Same. we are determined to find a way to pay the nations bills, but to do that in a fiscally responsible way, do it without more taxes and to pass the kind of spending reforms and caps and to pass a balanced budget amendment. well be discussing that in the morning and i remain opt miss take that well find a way forward. >> nancy pelosi says she hopes the delayed vote will bring republican ares back to the table to negotiate a bipartisan balanced agreement. she said republicans have taken to the ...

Right now we need to get something done. the president needs to provide leadership. i hope that he will. i hope he will step up many if congress can move something through this week, he will agree to sign it. >> greta: two plans, speaker boehners and senator reids. speaker boehner said this week while the senate is struggling to pass a bill filled with phony accounting and washington gimmicks, he talks about his speech that doesnt sound that the republicans in the house of representatives are th...

thats more than were killed by hurricanes, lightning, tornadoes, and floods combined. cnn meteorologist chad meyers joins us. its more than the heat. >> its more than humidity. if you set your steam roam at a gym at 105. that feels like 200 degrees. even though its 105, it feels so much hotter because your body cannot perspire, and it cannot cool itself down. a sauna is 160 or 170, but it feels cooler because the air is dry. now, this is a 10-year average, 170 people die of heat-relate...

foreclosures, and he had a winning streak on a game show. what is the consumer financial protection bureau? it aims to put a stop to predatory lending. it will keep an eye on credit card fees and student loans and keep an ear on consumer complaints. because a whole lot of centers dont like the bureau, the confirmation could be, dare i say, in jeopardy. dan, tell us first why this nomination is not going to elizabeth warren? >> reporter: well, certainly the white house saw her as somebo...

Addition to whatever you are raising the debt ceiling by. do you believe the $2 trillion figure is where you start and you wont go below that? >> look, we offered over $6 trillion in cuts over the next ten years with our budget. what weve brought to the table is our budget, which has those spending cuts, those spending reforms. we have yet to see a concrete proposal offered by either the president or the senate democrats. so were the ones who put out all the specifics and details. we have yet to...