Page 29 - Deficit Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And the weight is over for "downton abby." . first, two front page politics. a new reaction today to the debt ceiling debate. on "meet the press," senate majority leader mitch mcconnell said they will not raise tax revenue again. he says instead the president should start working with congress to cut down on the deficit. >> the question now is will the president lead? why should we have to bring him to the table? why isn't he leading us in the direction of beginning to solve our long-term debt and deficit problem? it's perplexing to me that the president of the united states elected to lead ...

To them have been so fair that a lot of democrats get mad at me. i mean, i offered to make some significant changes to our entitlement programs in order to reduce the deficit. i offered not only $1 trillion in -- over $1 trillion in spending cuts over the next 10 years, but these changes would result in even more savings in the next 10 years. and would solve our deficit problem for a decade. >> mr. bowles, you heard leader mcconnell and his views about the president not leading. have republicans conceded the point on revenue earlier, say, in 2011, could we have had a broader agreement along th...

The tax alone will put a 0.6% growth on the economy. are the numbers better than the recession we would have faced after a full-on swan dive off the fiscal cliff? neither number is very good. on top of that economic growth number, it doesn't come anywhere near to stabilizing the debt over the next ten years. so remember the information we gave you, the three points, we failed every single premise in this fiscal cliff deal. we did not solve our jobs problem or make it better. we made it a bit worse. we did not solve our deficit problem, we made it a little bit better. and we didn't take chance ...

Are the numbers better than the recession we would have faced after a full-on swan dive off the fiscal cliff? neither number is very good. on top of that economic growth number, it doesn't come anywhere near to stabilizing the debt over the next ten years. so remember the information we gave you, the three points, we failed every single premise in this fiscal cliff deal. we did not solve our jobs problem or make it better. we made it a bit worse. we did not solve our deficit problem, we made it a little bit better. and we didn't take chance of the really cheap money that we can get. when it co...

Higher taxation will bring the massive government debt under control. perhaps the only democrat telling the truth about this is our old pal, howard dean, the uber liberal former governor of vermont. >> the truth is everybody needs to pay more taxes, not just the rich. that's a good start, but we're not going to get out of this deficit problem unless we raise taxes across the board. >> bill: now, governor dean sympathizes with the socialist philosophy and that's where the country is heading. taking from those who are productive and giving to those who are struggling. or who are working for the ...