Page 14 - Debt Level News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Beginning where you guys agreed with each other, look, the thing is, the long-run fiscal challenge facing the country we have known about for a long time is rooted absolutely in the aging of the population and the growth of health care costs. we have got good news about that. the congressional budget office report is saying our debt to gdp ratio is shrinking and the government spending and deficit are falling faster than they either have ever fallen or possibly with one exception of the year that world war ii ended and the debt to gdp ratio for the country, our debt level won't return to the l...

We've known about a long time. and the growth of health care costs. the congressional budget office report is saying our debt to gdp ratio is shall rimpgs. the deficit are falling faster than they have either ever fallen and the debt to gdp ratio, our debt level is not going to return for more than a decade. shutting down the government and threatening that we might have to default on either domestic obligations or on the bonds is a total cull one to craze noun. that's going to tank the economy

I mean, why didn't the republicans say, look, the country doesn't like debt. nobody likes debt. they don't like deficit spending. nobody likes it. we're going to do something about it. instead they went after the baby. the one thing he will never give up on. they say screw you. to me that's not negotiating. i don't think. >> no, you're right, chris. and in fact, you can see they've abandoned that. there's no talk on the health care act at all anymore. they should have fought on debt. and right now they're taking the wrong strategy. the american people are more concerned on a day-to-day basis w...

This is going to continue. this inability to think large and not go for the other guys below the belt. i mean, why didn't the republicans say, look, the country doesn't like debt. nobody likes debt. they don't like deficit spending. nobody likes it. we're going to do something about it. instead they went after the baby. the one thing he will never give up on. they say screw you. to me that's not negotiating. i don't think. >> no, you're right, chris. and in fact, you can see they've abandoned that. there's no talk on the health care act at all anymore. they should have fought on debt. and righ...

Very often it is women this rely on social security. they live longer. >> my grandma. >> perfect example. widowed at a young age. she depends on this. >> you spent the first half hour talking about compromise, getting things done, solving problems. >> yes. >> arrive at the part of the program in which the -- thing that's on the table for solving problems is this -- change the calculation of chain cpi. people worried about long-term deficits and our debt level like it is because it essentially builds up over time. if you make a permanent difference, essentially alter the slope of the line, alte...