Page 74 - Working Poor News Today

47% is made up of veterans who have paid their debt to society with blood literally. its made up of mostly working people, most of that 47% are working americans, working middle class, working poor. >> hard working who earn less than $30,000 a year. >> or even $40,000 or $50,000 and many of those -- many of that 47% is made up of seniors. you know, this network is going to have a new poll later today thats going to show the race tightening and the national numbers but not in the battleground sta...

So the one thing he doesnt need, the one thing he can do without, is for his running mate to keep talking about these aspects of his biography just a day before mitts big night. >> is there anyway possible that this 47% can pay a nominal fee or something so they feel that they have small ownership in the government and maybe they wont take all the handouts so readily? >> i got an idea. lets help them get jobs so they can get a good paycheck so thaen theyre good taxpayers. >> well done, mr. ryan....

Im willing to cede, governor romney -- >> could jim lehrer get away with simply saying i have a little liberty here, a little leeway, i will give you all the time it takes. tell us now what tax breaks youre going to get rid of. >> tell us what tax breaks youre going goat rid of and also please, governor romney, you were very upset about the 47% of americans who pay no taxes. well, they include seniors, the military, and they include the working poor. please tell me, governor romney, exactly whic...

That yet amongst the problems he still has to solve. >> yeah. your thoughts, john? what i like about it is it shows poverty and working poor, the working poor phenomenon in this country where you work very hard but dont make enough to live above the poverty level, is not an inner city situation alone. it creates a larger notion of another america out there thats much more diverse and much more realistic, i think. your thoughts, john. >> chris, i agree with that. i will also say theres nothing mo...

About veterans and support for the military. to feature some people from the military in that spot, this is going to be a thing they come back to again and again and ill say i dont think governor romney has dealt with it effectively. you cant go out and assert that you care about people. youve got to do something i think that shows people in an emotional and concrete and resonant way and hes not solved that yet amongst the problems he still has to solve. >> yeah. your thoughts, john? what i like...

This is the future president talking about the working poor in chicago and welfare recipients who might become a majority coalition that could be leveraged politically. listen. >> what i think will reengage people in politics is if were doing senate, serious policy work around what i will label the working poor. >> think about it. by 2004 this then-senator is at

$213 billion in entitlement spending today. big chunk of change. big part of the federal budget. $13 billion a year. they found it increased the debt on gdp ratio by 14 points, which slows down the economy. those who pay no federal income taxes pay many other taxes of course. former president clinton noted he and president of both parties steadily expanded tax breaks for the working poor. >> put in a child tax credit, when president bush passed the tax cuts that is what he did for middle class p...

People in this country who dont earn enough to live work. and thats the reason why there is no contribution on the federal income tax. they play the regressive 15% payroll tax which is more than governor romneys tax rate. but thats an important point the keep in mind is that one out of three people in this country are poor and either close to poverty, work and dont make enough to live. >> shame of this nation that thats the case. and the fact that there isnt as much attention as there should be ...

Very negatively. >> thats a great point, mike. and again, we said it yesterday, if you look at -- and ill say the names again. i know it drives people crazy on the left, but its the truth. if you listen to what margaret thatcher said when she took control of the conservative party in 75, what ronald reagan said his entire life, they believe the conservative message helped the 100%. they believed thats how you got people out of the unemployment lines, how you got the working poor back to work wit...

Missouri. but now republicans have a mitt romney problem. and a mitt romney problem is national. his problem holds true for every republican candidate in every race across the country in november, from dog catcher up to senator. every republican whos running for office shares a ballot and shares an "r" next to their name with mitt romney this year. and mitt romney, as you know, has spent the last couple of days to try to find a more elegant way to call 47% of the country, the working poor, and t...