Page 37 - Spending Side News Today

Federal spending and the spending side of it. not just the re-knew side. everyone says there will be a revenue problem. talking about the option between the 20% rate on an individual basis or current plan where they choose lower of the two. revenue could go down but so will spending. >> dana: the idea if the xy grows there is more re-knew. heard from an economist that said his problem with the perry plan because of the option that is optional, you then have to do your taxes twice. under both tes...

Spending side. when eric talk about 18%. it says you freeze government spending and it also says you wont hire anybody in the government. he wont mention defense. he wont talk about that. the other thing he talks about the social security. the bush plan. young people invest in the stock market and get killed. but he says nothing about medicare. nothing about medicaid. the biggest ones you need to deal with, he hasnt touched them. why? hes afraid of what happens with ryan and republicans who -- >...

hello, everyone. im erin burnett. "outfront" tonight, a flat tax from presidential candidate, rick perry. >> it is time to pass a tax that is flat and fair and frees our employers and out people to invest and grow and prosper. >> he calls it flat. but the bottom line is it isnt really. the right word is sort of lumpy. heres why. a true flat tax would mean all americans start paying a flat tax of 20%. thats perrys rate on their income with no deductions. thats not how this works though....

employers and out people to invest and grow and prosper. >> he calls it flat. but the bottom line is it isnt really. the right word is sort of lumpy. heres why. a true flat tax would mean all americans start paying a flat tax of 20%. thats perrys rate on their income with no deductions. thats not how this works though. you keep your current rate or pick his new 20% rate. by allowing people to remain in their current tax bracket, americans will continue to pay different rates. there are...

outfront tonight, a flat tax from presidential candidate, rick perry. >> it is time to pass a tax that is flat and fair and frees our employers and people to invested and grow and prosper. >> he calls it flat. bottom line is it isnt really. the right word is sort of lumpy. heres why. a true flat tax means all americans start paying a flat tax of 20%. thats perrys rate on their income with no deductions. thats not how this works. you keep your current rate or pick his new 20% rate. by a...

on tv. and im like, i think you have the wrong man. and. [ bleep ] youre not going to do clinton? and i had a college girl that offered to flash me if i did clinton and i said listen, young lady, that is very sick. that is so sick. im sorry. >> so if people want to watch a little more, they can find your interview at cnn.com. >> hes a really nice guy and seems to be doing a lot better. >> good. thank you so much. >> thanks, brooke. and now this -- here we go. hour two. keeping you in...

It waso that was owned by the city. these are one-time budget fixes that dont solve the problem. the problem is the other side of the ledger, the spending side, you know, its just -- its an easy fix. >> i got a bridge i can sell ya! but if its got support from democrats does it honestly have support from republicans? is it under serious consideration? >> how serious can you be? you say its a lot of money. its $22 billion a year on a $4 trillion budget! do something real! i dont know, go scale ba...

happening today, at the trial of jacksons doctor. now, court reconvenes in about 45 minutes or so dr. conrad murray is charged with involuntary manslaughter jacksons death. yesterday a security guard testified that murray asked him to help gather up drug vials before even asking him to call 911. >> i was standing at the foot of the bed p he reached over and grabbeded a handful of vials and then he reached out to me and said, here, put these in a bag. and engineers are back at work to...

were talking about on wealthy americans. some of the taxes we have talked about before, limiting those itemized deductions that the wealthy take. closing loopholes on hedge fund managers, oil and gas companies, corporate jet owners and also letting the bush era tax cuts for the wealthiest americans expire when they are set to. also a little more than $1 trillion in war savings. of course, we do know that the wars in afghanistan and iraq are already going to be winding down. and thats s...

youre a democrat or a republican, maybe not so sure. its a good opportunity for you to hear from these candidates in extended form as they offer a presentation, answer some questions. the republican congresswoman, michele bachmann of minnesota is here. the georgia businessman herman cain, the former speaker of the house, newt gingrich. the texas congressman and libertarian ron paul and the former massachusetts governor, mitt romney all appearing at senator demints at this forum in sout...