Page 4 - Spending Stuff News Today

Latest updates on this topic.

Latest updates on this topic.

>> bill: mind over matter. okay. now, the republican party as we have been discussing, you know, is basically coming in very, very aggressive. i understand. i think thats a good strategy. they have to stake their turn out very, very quickly for the american public is very impatient with whats been going on. i do believe that the spending stuff far overrides the individual stuff like obama care. am i wrong? >> well, i think they are hand in hand. i think the american people believe that the reaso...

Gibbs acknowledged the u.s. is not immune to this but no indication the white house is slowing down on any of its spending stuff that could leave, well, us stuffed. today just signing something called the manufacturing and enhancement act of 2010 at the white house. moment ago the feds signaled it will look at $18 billion in government debt in a bid to jump-start the economy. that means the federal reserve is going to pounce into the markets to buy up mortgage-backed securities, treasury securit...

To "cashingin". our crew this week, max beres and tracy burns and joining us for the first time here in our new york studio, hello to our good friend christian dorcy from the economic policy institute. john will be back next week. hes hobnobbing in south africa at the world cup. poor, john. welcome, everybody. jonathan, did we just find a way to solve americas debt crisis do you think? >> well, i mean, cheryl, 70% of its taxes are paid by such a small few. 20% of filers and as you pointed out, 4...