Page 34 - Deficit Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Largest tax hike in american history. the house today will also pass a bill to replace the sequester. it will replace the sequester with cuts, but even further address the deficit problem that we have. while the democrat-controlled senate and white house have no plan and have offered no plan all year to deal with these looming cuts. i call on senator reid to make sure they'll be able to vote on this before the senate ajuniors. back in may, may, i'll remind you -- back in may i said that we shouldn't wait until new year's eave he to address the fiscal cliff, and since then the republicans have ...

Underway. there is still negotiations going on at the white house. harry reid says this bill goes in nowhere, but it distracts us from the real problem. i think there is still american that think if you raise taxes on the rich, somehow that's going to solve a trillion dollars deficit problem. >> if we don't pass something, if we don't pass something in the next 14 days, every single american has a tax increase. it's $4 trillion to president obama. i want to prevent that. we need to cut taxes. that's why i think this modified plan b makes sense. >> if we don't cut spending, we're taxing our chi...

Skewed, so wrong because we don't have a short-term deficit problem. we have a jobs and growth problem. i know people are agonizing. paul crudeman is agonizing about where it can did go. it's legitimately. is no -- is no bargain a better bargain than a raw bargain? it seems to me to make a deal on the backs of the most vulnerable in our country is the worst way to go. i don't think we're looking at balance. to me the way the media has characterized balance is so wrong because the vulnerable, the middle class, the lower working class don't have lobbies in washington where. >> democrats say we h...

>> i have to address what gretchen just said. it's not true the president didn't have spending cuts and plan. he signed the budget control act and offered a five year -- >> that he is trying to undue. >> excuse me. he offered a five-year freeze on discretionary nonsecurity spending. he does have plans on the table to. say he only wants tax cuts as the only way of solving the deficit problem is just not true. bill: if you don't cut, now where we'll be in four years. >> let's look at president's record. bill: 20 trillion is where we go. alan do you believe like gretchen believes that they are no...

Doing the math. it's impossible for 109 million workers to support 87 million people. it can't be done. no matter how much you tax the workers. yet, the obama administration and the democratic party continue to put forth that 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 north going to get out of this deficit problem unless we raise taxes across...