Page 9 - Austerity Plan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

White house is they have had four budget submissions and they decided to duck this challenge every time. more debt, more spending, more taxes, and that hurts our economy. that will lead to austerity, and we think that's wrong, and that's why we put out alternatives. we had tim geithner who game to the committee on thursday and said, quote, we don't have a definitive solution, we just don't like yours. i can't think of a better example of what stems up the crisis. >> congressman van hallen, respond. >> jack lew and ben bernanke are right. if you have a strict austerity plan right now, we will l...

Example of what stems up the crisis. >> congressman van hallen, respond. >> jack lew and ben bernanke are right. if you have a strict austerity plan right now, we will lose the gains we made. we need to follow-up with the rest of the president's plan in addition to the payroll tax cut, and the president proposed last september we have a major infau structure investment, and we have roads and bridges and airports that need to be renovated and built, and we need to put those things together. that's the one piece of what this president's job plan and budget does. the second part is we need to bal...

reporting that the materials used in the bombs that went off on tuesday are similar to those that went off in attacks against diplomat diploma diplomats. bangkok says an iranian man threw grenades as he tried to flee only injuring themselves. he is facing criminal charges. the iranian government denies any link to the bombings. china's presumptive leader in waiting says he wants the u.s. and china to work together to find a better trade balance. xi jinping met with president obama in washington. he is expected to succeed hu jintao as china's president next year. "world business tod...

Cost of spending cuts elsewhere. and blame democrats even before failure of the committee. "if democrats continue to refuse to negotiate in good faith, republicans may schedule this measure for house consideration later this week," house republican leadership said in a statement. senate majority leader harry reid is also threatening to put a senate democratic plan on the floor this week, moving without republican support. this means both the house and the senate, democrats and republicans, all have a backup plan. what they don't have, though, is a deal that can pass. both parties will meet tod...

and you know, we are witnessing a massacre. cnn is now inside syria. our arwa damon is there. she is taking shelter in a safe house and she is saying the country is headed toward a full-blown war. that's what the folks that are living there are thinking is going to happen. and on the election front, some trouble on home surf for mitt romney. he's from michigan and seems to be losing it at this point. in the meantime, his super pac is funneling a ton of money into that state, but is it going to the right place? associatiso, parents out th would you feel if your child was forced to...