Page 35 - Debt Problems News Today : Breaking News, Live Updates & Top Stories | Vimarsana

all wait to vegas, baby, chasing a long shot and competing for free ivf. we begin with devastation on a historic scale in colorado, and the president is on his way as we speak to survey fire damage after signing a disaster declaration for the state. we're closely monitoring the waldo canyon fire which has become the most destructive fire in the state's history. at least one person was found dead overnight, another is still missing. nearly 17,000 acres scorched. 346 homes gone. 20,000 more threatened. this photo was taken before the fire. look at what the area looks like now. you're...

Growth in america. it is the single biggest way, it's the best way to solve our debt problems, our unemployment problems, now the debate is about how we generate growth. and the reason why i oppose tax increases is because i think they hurt growth. i think it's destructive to growth. but i think if we do tax reform, which would involve flattening the tax code, getting rid of certain exemptions that are in place today, you can do that in a revenue neutral way in the first year but that would generate growth and growth would generate revenue and you have to have the fiscal discipline to use that...

International disputes in the region. >> thanks so much. appreciate it. we look at other stories topping the news. lockheed martin is warning of massive layoffs if $500 billion in automatic pentagon budget cuts take effect in january as kurnltly scheduled. lockheed is the pentagon's largest supplier. according to reports lockheed could be forces to lay off 10% of the current work force if nears 145,000 and those pink slips go out right before election day. stocks sharply lower on concerns of a european union summit this week will do little to resolve europe's debt problems. we see red arro...

Closing tax loopholes, any new revenue that's come into the government, would you use any of that, to pay down the debt? >> no one is in dispute that we need more revenue. the question is how do you generate? and that's the fault -- >> my question is, would you use any of it to pay down the debt? >> i would use revenue from growth. when you talk about -- >> that wasn't my question. any closing loopholes, because you know what i'm getting at, which is this idea of the tax pledge. you consider this raising taxes if you use -- if you close the loophole, you get new revenue to the government, you ...

>> but i reject the premise of that. i think that's a false choice. >> other republicans in the senate don't think it's a false choice. >> i think it's a false choice and here's why. i think the issue here is growth. that's a good thing that i think both parties are about. we know what this election is partially about, both parties agree that what we need is growth in america. it is the single biggest way, it's the best way to solve our debt problems, our unemployment problems, now the debate is about how we generate growth. and the reason why i oppose tax increases is because i think they hur...