Page 48 - Deficit Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

That say, we have to cut. we don't have money, and the rational brain says, the reason we don't have money is because we're being stolen from and we need to stop the stealing, whatever the dysfunction is, not take away food from poor people. >> absolutely, but you know, dylan, i would actually go back one step from that and frankly ask you the question. remember last year when mark gains was on, talking about all the talk about austerity measures here in the united states, and there are a lot of people who feel these severe austerity measures are not the answer, that you can't just cut -- that...

the shot? >> as i said, it was dark. but after the shot, obviously someone -- the man got up, and it was kind of like that period of him -- i can't say i actually watched him get up, but maybe only within a couple seconds or so, then he was walking towards where i was watching, and i could see him a little bit clearer and see it was a hispanic man, and he was -- he didn't appear hurt or anything else. he just kind of seemed very -- i guess the term -- very worried or whatever, walked on the sidewalk at that point, his hand up to his forehead. and then another man came out with a flas...

That's just fire fighting. you're trying to get something done very quickly. there are constraints and it's easy to look back now and say it should have been this or that. but in a moment, it -- actually i think what was remarkable was how quickly it was put in place, which people forget. normally these things take months and months and months, and it was important to get something going very quickly. it might not have been perfect, but it did help. >> i hate the yearly deficits being over $1 trillion, but what concerns me and most economists is what happens 10 years from now, 20 years from no...

the united states is ready for the challenge. >> as we've discussed, the united states and china will continue to compete and as americans, we welcome competition it's part of our dna and propels our citizens to rise to the challenge. cooperation as you and i have spoken about, can only be mutually beneficial if the game is fair. >> perhaps we welcome competition, but are we ready for it? business professor peter navarro is the author of the book "death by china." peter vice president biden says the u.s. welcomes competition. you say china is using in your word, quote, weapons of job...

Him. everybody should pay their fair share. the problem is even if you increase taxes dramatically and even if people give 100% of income to the government, you don't even start to fix the deficit problem. and that's why this message is completely a populous message. >> can i have an arch over an arch? my arch real quick is -- he's going to have a coronary. is that you have to look at this budget. if it is so good for the democrats, they should vote on it in the senate. they have 51 senators and all they need is a simple majority. they don't need 60 votes despite what jack lew said over the we...