Page 41 - Spending Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Blueprint that is going to blow a $2.4 trillion hole in the deficit, when people who were, -- >> if you're going to accuse me of hypocrisy, we have a spending problem in this country. the text could you bring and what is needed. [multiple speakers] >> republicans have not called for this trillion dollars and cuts. >> republicans are completely gutless when it comes to spending. no one can deny that but that is not hypocrisy on the part of anyone in the panel. >> i'm the saying the republican party that has been fighting to rein in the deficit, seems to be okay now. right? [multiple speakers] >...

Blueprint that is going to blow a $2.4 trillion hole in the deficit, when people who were, -- >> if you're going to accuse me of hypocrisy, we have a spending problem in this country. the text could you bring and what is needed. [multiple speakers] >> republicans have not called for this trillion dollars and cuts. >> republicans are completely gutless when it comes to spending. no one can deny that but that is not hypocrisy on the part of anyone in the panel. >> i'm the saying the republican party that has been fighting to rein in the deficit, seems to be okay now. right? [multiple speakers] >...

Easter earn. >> dagen: republicans talking a lot about tax cuts but president trump's key economic advisor is talking about a tax hike. gary cohen reportedly telling law makes they will have a chance to vote to raise the gas tax to help pay for infrastructure. gary b., you say we need to pump the brakes on this one. >> gary: exactly. we need to go the opposite way dagen. there's three key points in my argument here. number one is we don't have a revenue problem we have a spending problem in fact if you look at since 1983 when we started raising the gas tax, its gone up considerably since then ...

20 trillion. even if you took every pen any of the rich folks', money, it would barely put a dent in our debt. >> absolutely, rand paul is absolutely right. 10 cents of the dollar if you confiscated the wealth, if you confiscated the wealth you would trash the economy because there would be no investment. the only way to get washington fiscal under order is growing economy. the only way you get growing economy with big massive tax cuts across the board, john kennedy did it, ronald reagan did it, i hope donald trump makes congress do the same thing. david: john, there's another way to lower the...

In a million dollars in a business in terms of how many people you employ, what your overhead is, what your payroll looks like, that doesn't necessarily mean that you are rich. >> kennedy: and vilify those people but as congresswoman blackburn can attest, you also have to cut spending. there such a spending problem in both parties and we end up squabbling about the wrong things. we have these manufactured disagreements and it does says are great disservice to not be looking at the budget and seeing what we can really trim and tighten everything up so people can enjoy more of their hard-earned ...