Page 49 - Debt Issue News Today : Breaking News, Live Updates & Top Stories | Vimarsana

She annika roll brown were biopsy twins in the white house. on the other issues welfare reform and fiscal policy and terrorism, i would peg her as moderate. >> sean: we new numbers out today. cbs news reports 41% of u.s. children are now born to single mothers. we have a new record food stamps, 40 million americans, 1 in 8 on food stamps. heritage foundation report 1 in 5 rely on government for daily housing, food and health care. >> this is what we are seeing in greece. where this kind of level of government expenditure. this kind of insane government expenditure has led to the ruination of a...

Talking about a massive debt. >> tony, this really comes down to spending cuts because part of what has to happen here for greece to get this bailout to the tune of $146 billion, they've got to do some things on their own, so it's got some strings attached to it. so greek officials are meeting today and they'll vote tomorrow on public sector wages and pensions as well as tax increases. so these protesters, you're talking about people who are teachers and bank employees and you're talking about doctors and they're upset with how politicians have managed their country's economy. remember, this c...

However, it doesn't work because there is not a balanced budget amendment that goes with it, nor a ban on earmarks that goes with it. you give these guys more money, they're going to blow more money. it's not what they need. don't give a coke head more blow. >> you know, rob, the debt issue we've got to deal with, this is one suggestion, but what does that do to the overall economy? >> yeah. i don't know why john would say the economy is fragile. friday's gdp numbers showed it grew again. 3.2%. consumer spending is up 3.6%. the economy is chugging along, the to go market has been up the last t...

That report card is now not the grade that it originally had been. consequently, it's going to get more expensive for them to borrow money. this is a bad spiralling effect. >> art, do you want to weigh in on that? >> no. i think that's exactly correct, you know. there was a famous old book about world war i called the guns of august. barbara tuchman, the author, said the world stumbled into world war i # because everybody believed somebody would be smart enough to stop it. that's what i think everybody believed about the greek debt issue. yet nobody seems to be doing anything about it. i don't...

>> no, i would not. >> chris: with all due respect, sir waste an fraud, people have been talking about for years and don't you have to make benefit changes if you deal with the debt issue. >> i think you might have to make some but i think what you want to do first is -- >> such as what. >> getting the waste and fraud out. i think you have to have strict enforcement, understand that you have to have u.s. attorneys that go after this with a serious approach and realize that in order for these programs to be able to survive, so my children and my grandchildren have an opportunity to be able to b...