Page 7 - Entitlement Side News Today : Breaking News, Live Updates & Top Stories | Vimarsana

They know republicans are willing to put re-knews on the table if we can do in a pro-growth way. there is a way of doing that. you saw the "washington post" editorial this morning. laid out $750 billion. easy way of getting there. so there is a way of getting there on the revenue side. the real question is can we come to terms on the entitlement side? by the way, when you deal with entitlements, you really don't do anything that deals with the economy in the short-term. so it's a very best way, $27 trillion problem exists right now with medicare. unfunded liabilities. that is where the focus n...

They know republicans are willing to put re-knews on the table if we can do in a pro-growth way. there is a way of doing that. you saw the "washington post" editorial this morning. laid out $750 billion. easy way of getting there. so there is a way of getting there on the revenue side. the real question is can we come to terms on the entitlement side? by the way, when you deal with entitlements, you really don't do anything that deals with the economy in the short-term. so it's a very best way, $27 trillion problem exists right now with medicare. unfunded liabilities. that is where the focus n...

They know republicans are willing to put re-knews on the table if we can do in a pro-growth way. there is a way of doing that. you saw the "washington post" editorial this morning. laid out $750 billion. easy way of getting there. so there is a way of getting there on the revenue side. the real question is can we come to terms on the entitlement side? by the way, when you deal with entitlements, you really don't do anything that deals with the economy in the short-term. so it's a very best way, $27 trillion problem exists right now with medicare. unfunded liabilities. that is where the focus n...

Economy moving again. everyone wants to get more americans back to work again. raising tax rates will slow down the ability to create jobs that everyone says they want. >> mr. speaker, what are you looking for in terms of the entitlement side. are we talking about restraining the growth of social security and medicare and looking for change in both those problems? >> listen. we're spending a trillion dollars more than what we take in. we can't continue to do that. this is year two of a 25-year demographic bubble. it wasn't like anyone couldn't see it coming. 10,000 baby boomers like me retirin...

A huge percentage of our gdp something like 24%, chris. that's, at near historic highs. is that really the appropriate way to grow the economy. >> but there is flip side to that. the flipside to that, if you look at spending, look at revenue, excuse me to gdp it is about 15%. we had collapse in revenues since the recession began. you have to have more revenues coming in, especially given the big problems that we face, both on entitlement side and spending side. no one says there doesn't have to be containment on spending but there has to be additional revenues coming in as part of it. >> the o...