Page 23 - Debt Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

© Provided by Xinhua MOSCOW, Feb. 7 (Xinhua) -- The U.S. national debt is likely to be much higher than Washington admits and the country has no chance

From the hill house democrats pass had a last minute pressure to raise the debt ceiling that will take us through the mid-terms of 2022. president biden will sign into law hours before what would have been the first ever u.s. default. meanwhile democrats are still full steam ahead on the multi-trillion dollar welfare expansion. we don't know if this will pass. if it will succeed. here is the sound bite of the day. hillary vaughn asking senator elizabeth warren about that proposed spending spree just yesterday. watch. >> how high do you think the debt needs to get before it is time to cut gover...

Coming in don't match the expenditures, and one thing we need to do is to get the billionaires to actually pay income tax. jeff bezos claims, despite being one of the richest people in the world that he only had $83,000 in taxable income last year. and, therefore, paid almost nothing. elon musk, in the most recent year we have data for paid zero in federal income taxes. so, yeah, we have a debt problem bus but we have a debt problem partly because the very richest people just aren't paying. lawrence: that's a lie. such a lie. the top 1% pay 40% of all federal taxes. this is why elon musk tweet...

Book. >> we will see you in court. >> congress has raised the debt ceiling by $2.5 trillion. >> how high do you think the debt needs to get before you cut government spending. >> we have a debt problem because the very richest people just aren't paying. >> we start with a fox news alert. the this morning president biden is set to go and see all the devastation firsthand in our country's heartland. is he going to travel to the hardest hit areas of kentucky where 100 people are still missing. lawrence: tragic story. 12 children including a baby girl 88 people confirmed dead across a handful of s...

Expenditures. we have a debt problem because the very richest people just aren't paying. >> neil, if you took all the money away from the billionaires in america, that would only add up to about $4 trillion. so when you look at the national debt, you'll still have $27 trillion that you'd need to get the money from somer with else. neil? >> neil: you cut spending less or widen the tax pool further. hillary van following that. rob portman has more on that. what do you think of what senator elizabeth warren said, it's about not taxing the rich much the? >> what is fascinating about that, last qua...