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Detailed text transcripts for TV channel - CNN - 20110105:07:37:00

The deficit. that s a contract between the government and employees who worked for it. we must move on. great to have you here. this conversation will continue. not be revolved in 24 hours. forever more. you ll come back and continue. thank you. coming up, as the debt edges closer to the debt ceiling, we ll ask ben stein to help us do the math. almost all of the promises coming out of the congress are not going to happen. they can t cut $100 billion. they re not going to be able slow the growth of federal spending, at least not within our lifetimes or my lifetime. it s lot of political blarney at this point. ....

Budget Deficit , We Dont Congress , Ben Stein , Debt Ceiling , Coming Up , Point Of View , 00 Billion , 100 Billion ,

Detailed text transcripts for TV channel - CNN - 20110105:07:42:00

Out of the congress are not going to happen. they re not going to be able to cut $100 billion. they re not going to be able to drastically cut the growth of federal spending within our lifetimes or at least my lifetime. i m 66. it s all a lot of political blarney at this point. ben, you know, i think that there are some republicans and i ll give them credit for this to follow through on their pledges and rapidly ratchet back some of the spending. would that be a good idea in your view just a matter of pure economics? do you think they should do that? no, i don t think they should be doing it right now until the recovery is stronger than it is. eliot, i m following this for a long time. man and boy for a long time. congress always promising to cut spending. they never do. except when there s the build up of a big war, they don t do it. so i just don t see where these ....

We Dont Congress , 00 Billion , 100 Billion , Point Of View , Ben Stein , Pure Economics , Build Up ,

Detailed text transcripts for TV channel - CNN - 20110105:01:37:00

The american people. you have to give up some social security, you have to give up some medicare. you can t take on new entitlements the you care about the deficit. that s a contract between the government and employees who worked for it. we must move on. great to have you here. this conversation will continue. not be revolved in 24 hours. forever more. you ll come back and continue. thank you. coming up, as the debt edges closer to the debt ceiling, we ll ask ben stein to help us do the math. almost all of the promises coming out of the congress are not going to happen. they can t cut $100 billion. they re not going to be able slow the growth of federal spending, at least not waterboard our li within our lifetimes or my lifetime. it s lot of political blarney at this point. happy anniversary. [ male announcer ] what happened to luxury? ....

Social Security , Ben Stein , Debt Ceiling , Coming Up , We Dont Congress , 100 Billion , 00 Billion , Point Of View ,

Detailed text transcripts for TV channel - CNN - 20110105:09:42:00

They always approve it otherwise the government comes screeching to a halt. that s not going to happen. almost all the promises coming out of the congress are not going to happen. they re not going to be able to cut $100 billion. they re not going to be able to drastically cut the growth of federal spending within our lifetimes or at least my lifetime. i m 66. it s all a lot of political blarney at this point. ben, you know, i think that there are some republicans and i ll give them credit for this to follow through on their pledges and rapidly ratchet back some of the spending. would that be a good idea in your view just a matter of pure economics? do you think they should do that? no, i don t think they should be doing it right now until the recovery is stronger than it is. eliot, i m following this for a long time. man and boy for a long time. congress always promising to cut spending. they never do. except when there s the build up of a big war, they don t do it. so i just don ....

We Dont Congress , 100 Billion , 00 Billion , Point Of View , Ben Stein , Pure Economics , Build Up ,

Detailed text transcripts for TV channel - CNN - 20110105:09:37:00

The deficit. that s a contract between the government and employees who worked for it. we must move on. great to have you here. this conversation will continue. not be revolved in 24 hours. forever more. you ll come back and continue. thank you. coming up, as the debt edges closer to the debt ceiling, we ll ask ben stein to help us do the math. almost all of the promises coming out of the congress are not going to happen. they can t cut $100 billion. they re not going to be able slow the growth of federal spending, at least not within our lifetimes or my lifetime. it s lot of political blarney at this point. ard, i realized i needed an aarp. medicare supplement insurance card, too. medicare is one of the great things about turning 65, but it doesn t cover everything. in fact, it only pays up to 80% of your part b expenses. if you re already on or eligible for medicare, ....

Budget Deficit , Coming Up , We Dont Congress , Ben Stein , Debt Ceiling , 100 Billion , 00 Billion , Point Of View , Doesnt Cover Everything , Medicare Supplement , B Expenses ,