Page 19 - Budget Gap News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> reporter: there was a lot of talk about bipartisanship in the speech as there will be here in miami as well. governor romney reminding people of the time he was governor of massachusetts working with a legislature 85% democrat, managing to turn a deficit into a surplus. >> we were able to get to a point where $3 billion budget gap in my first year turned into a 2 billion dollar rainy day fund by the time i left. this can happen. it has to happen in washington. we've got to come together. [cheers and applause] >> reporter: with the president out there this afternoon touring storm damage in n...

Lost to get the job done i had to work with people in the other country. we had a multi-billion dollar budget problem, budget gap. we didn't battle each other. we found ways to make ourselves work together. we actually cut spending. can you imagine, we didn't just slow down the rate of growth of spending, we cut spending. we cut taxes, too, we cut taxes 19 times. we wanted to make our state as attractive as it could be for intends and businesses to create more investment and jobs in our state. we did this together. republicans and democrats have to do this together. i will go to washington, dc...

Medicare vouchers. they obfuscated, obfuscated. they can't give specifics because if they do the poll numbers. >> that is projections coming from the left, coming from obama who has not detailed what he would do in second term. >> which know what he has done. we know what he has done. he has a 4-year record. 4-year record to run on. >> hold on. the republican ticketings both governor romney and paul ryan put out very specific plans, pro-growth economic policies. regulatory reform, entitle rerecall to. hard to do it in a two minute segment during a debate but they have put it out whereas the wh...

16% increase over four years. bill: martha. martha: all summer to work this out. apparently not enough time. background on the financial crunch happening in chicago public schools. the school board projected a $3 billion budget deficit over the next three years. right now public school teachers salaries average almost $75,000 a year. as it stands now, the chicago public school district spends about $13,000 per student. that's pretty high as a opposed to the national average. bill: chicago like so many other cities across the country as a whole. they don't have the money to spend. chicago's bud...

Monopoly, artificially high wages for those lucky enough to get job. when the companies have to pay higher wages than normal they don't have enough to pay other people. at gm if the wages were half of what they were in the heyday, they would have had the same number of workers? no a lot more workers, when you have more workers, you have a bigger tax base, you have more revenues coming in, it's all good. wisconsin is going to win this war. michigan is going to be looking back like they're in the be stone age. >> brenda: jonas? >> a lot has changed in the auto industry. a long time ago they had ...