Page 8 - Back Spending News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Generation, highly skilled, highly educated, is going to fade from the scene. it's going to be replaced by a generation who are now in school and creating grades which don't make us look very good in the international spectrum. this means that we are probably dealing with an economy which isn't growing fast enough or creating much real resources to fund the entitlement programs that we have already made. i don't consider the issue of cutting back spending as essentially something which is new. i don't think we could afford it in the first place. we are really canceling something which didn't e...

Generation, highly skilled, highly educated, is going to fade from the scene. it's going to be replaced by a generation who are now in school and creating grades which don't make us look very good in the international spectrum. this means that we are probably dealing with an economy which isn't growing fast enough or creating much real resources to fund the entitlement programs that we have already made. i don't consider the issue of cutting back spending as essentially something which is new. i don't think we could afford it in the first place. we are really canceling something which didn't e...

Fund the entitlement programs that we have already made. i don't consider the issue of cutting back spending as essentially something which is new. i don't think we could afford it in the first place. we are really canceling something which didn't exist. >> all right. we are going to take a break here. when we come back, trends and takeaways. we'll check in on the major conversation taking place online, the news that was made on this program this morning and what's going to be driving the agenda next week, right after this break. [ male announcer ] in 2011, at&t is at work, building up our wir...

Sector and one for public. that will have to be brought together. on otherwise we're facing fiscal crisis at the level of the states, cities, and at the country. >> when i put the new normal in the budget address, what i'm talking about is we have to reconfigure this. change pensions, change health benefits, cut back spending, and we need to not rationalize it every year, gets recycled every year, and i increased aid to education by $250 million. we're cutting business taxes by $200 million, because our economy in new jersey is starting to come back, because we made the tough choices last year...

Forward we'll see a more cooperative spirit that then sort of, again, dissolves. i think what's most important, while it's wonderful that people are going to sit together tonight, what will be most important is how they work together going forward. >> all right. doug, let me ask you about the risks for republicans here. they have just said today that they want the president to cut spending to distance himself from the policies of the last two years. they also want the president to give a thumbs up to their plan to roll back spending, in their words, to pre-stimulus, pre-bailout levels. now, th...