Page 18 - Spending Increases News Today : Breaking News, Live Updates & Top Stories | Vimarsana

we want more ben and we want him now. but tonight, the truth. there's not enough ben for america. more ben is bad. i'm talking, of course, about this ben, fed chair ben bernanke. today he announced he'll continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of money is drying up. >> monetary policy is not a panacea, it's not going to solve our economic problems. >> the fed fed's drugs didn't come cheap either. there have...

good evening. i'm erin burnett. "outfront" tonight, america's drug addiction. it's not cocaine. it's not heroin. it's not even bath salts. we're addicted to ben. we want more ben and we want him now. but tonight, the truth. there's not enough ben for america. more ben is bad. i'm talking, of course, about this ben, fed chair ben bernanke. today he announced he'll continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of m...

Engaged in massive spending increases. let's watch it. >> obama started spending like our credit cards have no limit. we've had stimulus and bailouts. obama added almost $16,000 in debt for every american. how will my kids pay that off when they can't even find jobs? now obama want more spending and taxes. that won't fix things. i had so many hopes. cutting taxes and debt and creating jobs. that's the change we need. >> mitt romney likened obama's spending to an inferno. let's watch him. >> rather than putting out that spending fire, he's been feeding it. he has spent more, and borrowed more. ...

Term. that is one of the biggest congress breaks he made. the congressional budget office did look at the president's budget and it has $400 billion of deficit reduction over years.aturten it absolutely. that is quoted as cbo. $1.5 million in net spending increases. [ overlapping speakers ] for $400 billion of deficit reduction. doesn't even come close to fixing the problem. more to the point, chris, the president has had four years to deal with this. $4 trillion deficits. four times he decided to do nothing about the debt crisis. the reason i didn't vote for bowles simpson is it didn't deal w...

Term. that is one of the biggest congress breaks he made. the congressional budget office did look at the president's budget and it has $400 billion of deficit reduction over years.aturten it absolutely. that is quoted as cbo. $1.5 million in net spending increases. [ overlapping speakers ] for $400 billion of deficit reduction. doesn't even come close to fixing the problem. more to the point, chris, the president has had four years to deal with this. $4 trillion deficits. four times he decided to do nothing about the debt crisis. the reason i didn't vote for bowles simpson is it didn't deal w...