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CNNW World Business Today March 1, 2012 - Vimarsana News

CNNW World Business Today March 1, 2012

taxpayers have been unfairly labeled as lazy. >> and the criminaled cruise line is pushed -- finally pulled into port. we're live in the seychelles for that. first up, let's get straight to the european stock market action. these markets have been open for the best part of just over an hour. this is how the indices are performing. a little die cot many between the two eurozone markets. the cac is trading down about .25%. ftse 100 up. what has got their attention. ben bernanke's comments are weighing heavily on sentiment not just across europe but also across the world markets as well...

Detailed text transcripts for TV channel - CNN - 20100314:19:15:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100314:19:15:00

Billion deficit in february. just for the fiscal year to date now, $652 billion. interestingly enough that february number comes with government revenue actually coming up a little bit, which was a welcome surprise. but, look, guys, at what point does this become a very serious problem for what we can do in the near-term? stephen? >> the think the idea of borrowing $10 trillion over the next 10 years, what is what is in the current president's budget, i think is real financial calamity and i really worry, christine, if we stay on that path and don't get this budget under control, we may face a...

Detailed text transcripts for TV channel - CNN - 20100311:11:23:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100311:11:23:00

To the treasury department set a new record of $221 billion. the reason why the bars are red is because that means that is ready ink. we spend more than we took in in february. the deficit for this fiscal year, back to october, 652 billion. how much more are we spending than we are taking in? tax receipts are plunging because the recession. and february is always a tricky month because the government starts sending out the tax refund checks. look, the biggest categories of spending are health care, social security, defense, many of these things in the eyes of politicians are not negotiable. th...

Detailed text transcripts for TV channel - CNN - 20100311:14:50:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100311:14:50:00

More than we took in. the deficit so far for the fiscal year, that's october, november, december, january and february is now $652 billion. it's a staggering amount of money. 17 months in a row now of deficits. again, this is how much money we spend versus what we take in. the recession has just devastated how much money that the government has been taking in. you know, both companies and people can pay less in taxes and that's a real problem here. at the same time that the demands on the government for safety net and for services and for deficit spending just trying to get the economy going a...

Detailed text transcripts for TV channel - CNN - 20100313:18:14:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100313:18:14:00

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