Page 22 - Deficit Issue News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Democrats and you just heard this sort of from dirk durbin but i heard it in more extreme forms from other democrats say it is more important to have economic growth than to deal with the national debt. your response? >> i think we should have economic growth and obviously we would like to see that happen and i think reducing the deficit helps cre create econoc growth. look, i think it is ridiculous to say that cutting $1.2 trillion over the next decade when we will spend $47 trillion of your money is a step too far. of course, we need to do that. and on top of that we need to build towards th...

Obamacare that hit the middle class. they want them off the table but as mature adults we have to talk about the truth in washington. >> shannon: congressman, i want you to get the final word. >> i did say social security is an issue that has to be dealt with. there is a problem that will occur seven to eight years out. >> kick the can down the road. >> well, if you want to deal with it today we can. bub it is not part -- but it's not part of the current deficit issue at all. separate issue. you may call it premium the medicare program and tosses it over to the private health insurance compani...

President obama tried to explain what's so wrong with thinking that mitt romney is a guy who should be taken seriously on the deficit. he was trying to explain that without a white board, sound track, without a way to make it into a story people would remember. he just listed these large numbers over and over again an assume people could get the punch line. and mitt romney instead of trying to rebut president obama point by point simply made the assertion that, well, never mind your numbers, i have six studies that back me up. >> i will not under any circumstances raise taxes on middle income ...

Candidates on jobs but at the end, it sounded like just politics. we're learning more about what the president may call for on thursday, including more infrastructure investment, investments in clean energy, transportation, federal money to rebuild schools. white house says all of this is going to be paid for, tax credits for companies, by the way, to hire new workers. on-the-job training front for the long-term unemployed. we'll see, though, what's not clear, by the way, this speech will be job, jobs, job, meaning you're not going to hear a lot of detail about the president talking act tax re...

Today. took some of the spotlight back. it's hard for me to identify those coming out of this politically gaining? >> well, it's not john boehner's party. he has not been able to do what he wanted. he was not in a position to negotiate a grand bargain, whether it was good, bad or indifferent. he's allowed notion of deficit reduction to be attached to the deficit issue, which as simon pointed out is really the core of the problem here, and right now the president has been trying to look reasonable. here's the guy comes out and says listen i want a compromise. there's no question he has bent mor...