Defense Spendsing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The s&p 500. the recent rise is the tail end of a nine year-old bull market. not all americans own stocks. but almost everyone drives a car. this is the economy indicator that matters. gas prices are near a four year high. you can blame a volatile energy crisis. blame higher prices for oil. for the higher price at the pump. that's really largely due to the oil sanctions on iran. those went into effect yesterday. and iran is the worlds fourth largest producer of oil. this number doesn't get enough attention. look at this one last chart. the federal deficit. $779 billion this year. the highest i...

Yesterday was a 20% capital during that period. keep in mind, i hear what you're saying, you think this isn't a compromise, but there's a lot of us who never expected to come to washington to vote to raise the debt ceiling. for us a $2.4 trillion increase is a compromise. we wanted 18% caps, we didn't get it, we took 20% instead. there's compromises we have already made. in exchange we give the many dr we're willing to trade a short-term fleck, for a long-term fix. which is the balanced budget amendment. we know the budget, going into these big ticket items. how would you really reduce the s...

Defense spendsing. it's not a very popular thing for a republican to do. i like defense, it's important to me. we only got 65 democrats and only 70 republicans. i'm willing to put everything on the table to be serious about spending reductions. >> what do we do about the big entitlements that go through the roof as people get older and older. you can't limit the number of people turning 65 by law. how do you deal with the cost increase? >> let's start by being honest with ourselves. i think the president did that this week. if you read his veto message about cut, cap and balance, he says the o...