Page 4 - State Cuts News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jobs. state cuts are dragging the entire nation's economy down. they are not helping the economy, they are hurting the economy. indiana governor mitch daniels was asked about it on npr. i want to ask something that a lot of people are confronting now as they deal with the faurl deficit and state and local deficits that need to be closed. are budget cuts, government budget cuts worth it even if they end up seriously costing a lot of jobs right now? governor daniels replied yes. the question, uh-oh kay with cutting jobs? the answer, sure, why not, who needs jobs. >> if some of those jobs are los...

Maybe what we need is higher unemployment, lower wages and slower growth. it is a good thing republicans are working on this. yes, steve, exactly. at the state level, it is weirder and worse than the federal level. final quarter of last year, fourth quarter of 2010, we thought our economy as a country was growing by 3.2%. on friday, that got revised downward. actually, turns out the economy did not do that well. we grew by almost a half pointless than that. oh. why did it get revised downward? what happened? state spending cuts. state job cuts. we got the numbers about how much state and local...

Out of state. >> well, i don't think that's ever good business when you're elected to do a job, you should stick around and do a job and fit and let the people ow your position and let the chips fall where they may. that's beauty about democracy. >> exactly. there's been some discussion about the way in which the coverage, the press coverage has taken place with regard to wisconsin. i want you to take a look at saturday's front page article in "the new york times" regarding wisconsin. it said this. wisconsin leads way as workers fight state cuts. so we're not going to have it. wisconsin leads ...

Are affected in some ways by state cuts, which affect municipalities and garbage collection and libraries and state police and all sorts of teachers than in fact they feel a federal budget slowdown. >> well let me explain what we do in states. it's a business model. every state has the same business model. we educate, we medicate, that is, we incarcerate. that's 85% of every single state budget. we have 50 different models, but we spend about 85% of our money on three programs. you easily could have anticipated this recession three years or four years ago. put some money like we have in montan...

Allow state cuts, right? >>guest: i think that is absolutely wrong. it absolves state legislators and governors from the ability or the requirement that they balance their budget and that they live in their means the we issued a statement today from the national governors' association, a bipartisan statement, opposing that. i feel very strongly if you remove accountability for somebody, you are going to get more irresponsibility. we should in the do that. >>neil: governor, always a pleasure. thank you very much. >>guest: great to be on with you. >>neil: switching to the house side of things, i...