Deficit Arguments News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Mitt romney gave a speech about the debt and deficit. he's unveiled a debt clock, like the one midtown a few blocks from here. which is essentially meaningless, it gives a nominal value of the debt, not in relationship to gdp. john boehner also at the fiscal summit threatened another debt ceiling showndown. on the romney point, one of the things we're discussing, we're trying to understand whether republicans are making these debt and deficit arguments in good faith. and the reason there's reason to doubt they will, because in the past they have expanded deficit and debts, and in fact the romn...

Conversion to gas sipping cars and added to the economy. so it's not just bad because it's a tax. i'm getting tired of everything is bad or a tax or nothing in between. >> brenda: hold on, i want to get jonas. you agree with that and say in fact, this might be the best of the worst, right. >> yeah, forget the specifics, the taxes should be high enough it raises general revenue to pay off the deficit. i think it's clear from the last week's deficit arguments that no one could make the deficits go away in relatively short, without. a, a new tax in an addition to a major cut. when you compare thm...