Page 32 - Spending Side News Today

Thats not something i say about paul ryans budget which is viable. if you follow romneys numbers all the way to the end, they just end up looking like a fantasy. on the spending side as you can see here, mr. romney says he will bring federal spending under 20% of the overall economy and cap it there by 2016. in practice, that amounts to a huge cut. over the next ten years it is a cut of almost $2 trillion more than is even in paul ryans budget. so mr. romneys budget is way more severe on the spe...

And keep the bush tax cuts permanently. and you say well that would probably take it down to about 12%. we would have a larger deficit. but nobody asks. nobody cares about the basic facts of our fiscal chaos right now which is theres no attempt to match revenues with spending. i would say to a conservative, only spend the money youre willing to raise in taxes or stop spending it. only tax what youre willing to keep the spending level to. theyre not interested in the revenue side and not being ho...

Projections that assumes were going to increase taxes but doesnt take the revenue from the tax increase. hes really ham strung. its a dishonest way to take a look at it. its just not accurate. by not growing taxes -- by not increasing the taxes, the economy -- will grow. >> grover the media, you heard democrats and a lot of moderate republicans saying we cant balance the budget in seven years. come on. we can balance the budget before 2040, right? >> the reason the democrats didnt think could yo...

So here it even gets a little worse. not only would you be living through all of the cuts you just mentioned on the spending side, but if you really want to make the tax cuts revenue neutral, you would have to raise taxes on middle and low income households. >> and people have gone to the romney campaign and said how will this work, and they dont have an answer. but if they do have an answer, youre going to be one of the first people i ask if it makes sense. thank you very much. >> thank you, by...

Answer they found is no. so here it even gets a little worse. not only would you be living through all of the cuts you just mentioned on the spending side, but if you really want to make the tax cuts revenue neutral, you would have to raise taxes on middle and low income households. >> and people have gone to the romney campaign and said how will this work, and they dont have an answer. but if they do have an answer, youre going to be one of the first people i ask if it makes sense. thank you ve...

Worse. not only would you be living through all of the cuts you just mentioned on the spending side, but if you really want to make the tax cuts revenue neutral, you would have to raise taxes on middle and low income households. >> and people have gone to the romney campaign and said how will this work, and they dont have an answer. but if they do have an answer, youre going to be one of the first people i ask if it makes sense. thank you very much. >> thank you, bye-bye. >> coming up, a trashy ...

Commentary based on the proposition that show we have the problem with medicare and it is an important part of the debate. it is about the economy and what paul proposed and mitt romney supports growing the economy. you solve the deficit and deal with the spending side and restraint there and making the economy grow . that means more revenue for the government and profits for the investors and jobs for the workers . it is a total package. it is not just about a single issue like one government p...

Session. social security, medicare, medicaid, farm price support, interest on the debt. they spend the rest of the year arguing about the remaining third. >> lets go ahead. we have another graphic that shows how much we are spending on medicare and medicaid. in 19891 we spent about 10%. now we are up to 25%. and we are headed for a third. that is unsustainable. >> right. if you ask me one thing on the spending side we have to control if we are going to control debt and deficit, the answer is sim...

Just quit. i mean it is beyond me. i dont get that congress sees the seriousness of this. >> in fact, the fiscal cliff is really the legacy of congress not making permanent fixes to anything. the supercommittee fails. we extend the tax code year by year. here comes another fiscal cliff. this is about congress finally doing its job. we need permanent reforms to the tax code and permanent reforms to the spending side to the budget actually adds up and we are not even close right now. >> greta: a l...

sandwiches. a delta spokesperson says the needles were found in sandwiches in flights from amsterdam to minneapolis and seattle and two flights to atlanta. two of the needles were found by passengers and one was discovered by an air marshall when delta found out about the needles in the food, the airline said it notified all 18 flights from amsterdam to stop serving the sandwiches. heres what one passenger who got one of contaminated sandwiches said when he spoke to kstp. >> i bit down...