Page 40 - Deficit Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And the question is this, what are the differences between the two of you as to how you would go about tackling the deficit problem in this country? >> well, good, i'm glad you raised that. and it's a critical issue. i think it's not just an economic issue, i think it's a moral issue. i think it's frankly not moral for my generation to keep spending massively more than we take in, knowing those burdens are going to be passed on to the next generation. and they're going to be paying the interest and the principle all their lives. and the amount of debt we're adding at $1 trillion a year is simp...

Economic growth this year, slower than last year. and last year, slower than the year before. going forward with the status quo is not going to cut it for the american people who are struggling today. >> all right. let's talk -- we're still on the economy. this is, theoretically, now, a second segment, still on the economy. and specifically on what to do about the federal deficit. the federal debt. and the question, you each have two minutes on this, and governor romney, you go first, because the president went first on segment one. and the question is this, what are the differences between th...

Head up to derry, new hampshire, for that first rally that you mentioned. paul ryan is going to be speaking in new hampshire, and then we are off to ohio. a little bit later for a banquet in columbus later this afternoon. he's sharpening his attack against the president. the president seems to develop bigger and bigger leads in those big battlegrounds, ohio, virginia, florida, as the attacks from the romney campaign are getting just a little bit sharper and what paul ryan is going out and doing now, the past week or so, he's brought out the power point. the numbers guy, a budget guy, he's show...

Thing for resolving this impasse and also going forward. >> can any deal get done without raising taxes on the -- as we look at this, you know, the only way to -- to get back on track is to cut spending. but also to raise, to raise taxes. so we raised the revenue base of what we're bringing in in d.c. so how do we get this done without raising taxes on the wealthy? >> i don't think we can. you know, we've always advocated a very balanced approach. and we've just asked the very wealthiest americans, the ones -- the only ones really who have done well over the last ten years, to help contribute ...

What's your policy? >> dealing with the white house is like dealing with a bowl of jell-o. i'm not going to get into the partisan sniping we heard earlier. >> it's hard to understand why speaker boehner would walk away from this kind of deal and frankly if you look at the commentary out there there are a lot of republicans that are puzzled as to why it couldn't get done. >> the only thing standing in the way of the house proposal over the senate is the president and senator reid. >> i said from the beginning the ultimate solution to our deficit problem must be balanced, despite what some repub...