Page 16 - Deficit Plan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Seniors to pay thousands more for health care or ask students to postpone college just so we don't have to ask those who have prospered so much in this land of opportunity to give back a little more. >> reporter: the clock is ticking. the debt clock is ticking. we're going to exceed, as this country will, exceed the $14.3 trillion limit some time in the next month. by early summer something is going to have to be done, either raising the limit one way or another, alex. or economists warn of an economic catastrophe. alex? >> i know the president is hitting the road, mike, this week. do you know...

Night. coming up at top of the hour right here -- president obama rolls out his deficit plan. full breakdown of his numbers the republican response up next. when we come back -- vice president biden did what many many have done during the president's deficit speech. how can expedia save me even more on my hotel? by giving me huge discounts on rooms hotels can't always fill. with unpublished rates. which means i get an even more rockin' hotel, for less. where you book matters. expedia. but i wasn't winning any ribbons managing my diabetes. it was so complicated. there was a lot of informati...

Party right. and they are upset either at not enough cuts or too many. and that's one of the things we'll watch today. unusual bedfellows that can come when there's a contentious issue. the house vote today, then to the senate and yet another fight of the 2012 budget to be considered. it just doesn't stop. >> don't forget the deficit plan. >> yeah. >> reporter: i think we have breathing room for that one. >> yeah. >> the reason we call it a pendulum, political pendulum. too far to the left and right, eventually they meet. >> reporter: yes. >> kelly o'donnell, capitol hill, thanks. and former...

>> congressman weiner, what we're talking about here in all these plans is deficit reduction. i have never seen a deficit reduction plan introduced during a so called deficit crisis, and we've had them in the past, where that plan has a 70-year plan. a 70 year plan to get the budget into balance. and not even begin to get to the national debt until at least 75 years from now, these plans tend to be written over ten-year windows, sometimes a little longer than that. i just can't fathom why there would be any difficulty in completely embarrassing the republicans in the house for introducing a de...

These plans is deficit reduction. i have never seen a deficit reduction plan introduced during a so called deficit crisis, and we've had them in the past, where that plan has a 70-year plan. a 70 yif plan to get the budget into balance. and not even begin to get to the national debt until at least 75 years from now, these plans tend to be written over ten-year windows, sometimes a little longer than that. i just can't fathom why there would be any difficulty in completely embarrassing the republicans in the house for introducing a deficit plan, a deficit reduction plan that doesn't eliminate t...