Page 28 - Spending Programs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And a little piece in the ocean. >> well, we're having this little place over the ocean on both sides. and republicans protect their pet tax loopholes and spending programs largely in defense and democrats won't give an inch on entitlements and other forms of wasteful spending and we're stuck in this constant state of paralysis, and stalemate. partisan gridlock and blame game what we'll see in the i was ek. going, asking dan as a suspect whether he agreed with anything that rush was saying and obviously not blaming one party part. what we heard right there, we're being played for suckers and w...

Love democratic spending plans. >> whoa. >> and the two sides don't match up. >> whoa joe. whoa, joe. in the 2000s, it was republican spending programs that they liked. >> i agree. i've written a book about it. >> $1.5 trillion in the war, prescription drug bill, over $2 trillion long term that we haven't paid for. we didn't pay for it. what happens when you don't pay? >> you mow, a lot of democrats went along with a lot of those things as well. >> i voted for afghanistan. i voted for iraq. but the fact is, we know how to pay for that. i have three children, three grandchildren and two great-g...

Higher taxes on wealthy individuals, corporations and oil companies. this will be the aggressive pursuit of the economic policies put in place in the first four years. more government spending. martha: we saw a recent poll that showed 2-1 that people do not believe more spending is the route to economic recovery in this country. it got him reelected, these ideas about taxing oil companies and the rich more. but there is another question that has to do with reports of fraud and waste in the existing spending programs. the president's always said he would go after them with a scalpel to make sur...

That amount of spending, a doubling of the amount of discretionary spending over that time frame and say that it's not an increase and not a significant increase. bill: away from discretionary spending to mandatory spending which is entitlements, medicare, medicaid, social security. that is about 60% of the budget. >> right. bill: where is she on reforming those issues? >> well, i think she is absolutely right to identify that as a problem. to a certain extent, it is a welcome development here. democrats talk about the seriousness of the rapid escalation of mandatory spending programs. i mean ...

To our future generations, you know, our children and our grandchildren, currently who have $53,000 debt upon them. we're eroding their possibilities and their opportunities in this great society. so i think we have to have up in washington d.c., the seriousness, to look at the true problem, which is a spending problem. look at mandatory spending programs and we have to stop the exorbitant amount of spending and we have to say, finally, we're going to stop this debt and we're going to get serious, and i think that fitch is very appropriate in saying that if they don't see a curtailing of the s...