big ticket items that mean a lot. democrats and the president just won t go near it the president came up to the hill today and met behind closed doors with republicans for the first time in no one can remember when. and they said it was a productive meeting, et cetera. the democrats look at the republican budget from paul ryan and they say it s draconian and it s not going to work and that the math is phony and everything else. republicans by contrast have to have a point. democratic proposal to increase taxes $975 billion in the next 10 years is going to make an economic recovery a lot harder. in addition, the 97 a billion dollars spending cuts that they claim they re making are reductions in spending. it doesn t balance. the democrats have abandoned the idea of a balanced budget and because of that the deficits might be smaller but the now 17 trillion-dollar current debt is going to be much, much higher if it doesn t balance. bill: let s just cut to the chase here before everybo
big ticket items that mean a lot. democrats and the president just won t go near it the president came up to the hill today and met behind closed doors with republicans for the first time in no one can remember when. and they said it was a productive meeting, et cetera. the democrats look at the republican budget from paul ryan and they say it s draconian and it s not going to work and that the math is phony and everything else. republicans by contrast have to have a point. democratic proposal to increase taxes $975 billion in the next 10 years is going to make an economic recovery a lot harder. in addition, the 97 a billion dollars spending cuts that they claim they re making are reductions in spending. it doesn t balance. the democrats have abandoned the idea of a balanced budget and because of that the deficits might be smaller but the now 17 trillion-dollar current debt is going to be much, much higher if it doesn t balance. bill: let s just cut to the chase here before everybo
by $975 billion. including billions from defense and health care. in all democrats claim the plan would save the country $4.2 trillion over the next decade. yesterday, house republicans released their blueprint which they say would balance the budget by 2023 by making major cuts to spending and overhauling programs like medicaid and medicare. but to president obama, balancing the budget alone not his top priority. paul ryan is challenging you to come forward with a budget that also reaches balance. are you going to do that? no, my goal is not to chase a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work, and if we do that, we re going to be bringing in more revenue, if we ve controlled spending and we ve got a smart entitlement package, then potentially what you have is balance but it s not balance on the backs of, you know, the poor, the elderly, students who need student loans, family who
elections do have cobs sequences. while repealing obama care fires up conservatives, so does a balanced budget. paul ryan says he thinks he can do it by 2023. shep? shepard: i mentioned two plans. the other one comes from the democrats who are blasting congressman ryan s plan while showing their own, right? that s right. three years in a row, they do not like the paul ryan budget plan, senator patty murray is due to unveil her blueprint tomorrow. she would cut spending by $975 billion. she would increase tax revenue by $975 billion. it does not balance ever. meanwhile the top senate democrat is blasting the house g.o.p. plan. house republicans are advancing the ryan republican budget. that s even more extreme that be the propaganda we have seen in the past. ryan republican budget slashes programs that are critical to the middle class. so the battle lines are drawn. you will be hearing plenty about these contrasting visions in the coming weeks, shep?
people count on you are saying president perry i am sorry you will have to do without. let me share with you one place you can go tom kober has a be piece of work called back in black. i believe it s $9 trillion worth of reductions. i hope folks will take a look at that. let me give you one example. you can take the department of education and you can put the elementary and secondary programs together and cut those in half and send half of that back to the state save 25 trillion right there. 25 trillion? 25 billion. that still leaves you with $975 billion. i understand but you asked me for an example. we have so many programs in government that aren t recreating jobs all they are doing is creating government jobs. americans are sick of that. they want someone who will stand up and say listen we are going to cut the size of spending we are going to cut the size of these programs. is it going to be anybody that stands up and says this is all