Preempt Austerity News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Onus on the ncaa. it's the last thing the ncaa needs right now but the fact is somebody has to take a leadership position in college football. it's not just about the nfl. and paul ryan previewed the strategy saying the republicans, ready to let the sequester take effect and move ahead on a big debate in the spring and ryan promises he'll have a balanced budget proposal that will balance the budget in ten years. >> we're not preaching austerity. we're preaching growth and opportunity. what we are saying is if you get our fiscal ship fixed, you preempt austerity. >> on saturday ryan gave the go...

Pass a $50 billion emergency aid bill to provide desperately needed relief. but we can only assume that this will upset paul ryan and the 179 house republicans who voted against the bill. their reason? well, vague claims of unnecessary spending, the usual republican approach to most budget battles. but whatever you do, don't you dare call that austerity. >> we're not preaching austerity. we're preaching growth and opportunity. what we are saying is if you get our fiscal ship fixed, you preempt austerity. >> joining us now is congressman joe crawly of new york. welcome, sir. ryan's budget would...

Preempt austerity. here's what a debt crisis is. it's what they have in europe, which is austerity. you cut the safety net immediately. cut retirement benefits for people already retired. slow down the economy, and young people don't have job. that's the austerity that comes with a debt crisis. if you keep stacking up trillion dollar deficits, it's bringing us to that moment. our goal is to prevent and preempt austerity to get back to growth. >> the question i have is who's really with? you a lot of the business community, natural allies, have kind of come around to the president's way of thin...

Here's what he wrote in his column on friday. it was in fact a good thing that the deficit was allowed to rise as the economy slumped. with private spending plunging as the housing bubble popped, the willingness of the government to keep spending was one of the main reasons we didn't experience a full replay of the great depression. and the balance now between austerity, which he believes you call for, and appropriate investment on the part of the government is still a great tension. >> we can debate that. it's clear that doesn't work. we're not preaching austerity. we are preaching growth and...

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