Moving our economy for 160 years. Bnsf, the engine that connects us. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. And with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Brown washingtons struggle to avoid going off the fiscal cliff resumed in earnest today. The president moved to draw on his reelection victory for new clout with congress. The goal a sweeping deficit agreement to avert 650 billion in spending cuts and tax increases at the start of 2013. From the white house came word that president obama will try to build public pressure on congress to raise taxes on the wealthy and prevent tax hikes for everyone else. White house spokesman jay carney. Well, the president believes very strongly that the American People
Borrowing. The United States was going into default. We defaulted on many obligations to foreign creditors and to our own soldiers. Brown plus, every month, 1,000 Young Americans are infected with h. I. V. , and most of those with the disease dont even know they have it. Hari sreenivasan looks at a new report from the c. D. C. Thats all ahead on tonights newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. And with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Brown washingtons struggle to avoid going off the fiscal cliff resumed in earnest today. The president moved to draw on his reelection v
From representatives tom price and Keith Ellison. Brown then, president obama sat down with mexicos president elect, enrique pena nieto, this afternoon. One topic for them and for us tonight the war on drugs, on both sides of the border. Suarez as lawmakers talk of reducing the countrys debt, paul solman offers a History Lesson on centuries of federal borrowing. The United States was going into default. We defaulted on many obligations to foreign creditors and to our own soldiers. Brown plus, every month, 1,000 Young Americans are infected with h. I. V. , and most of those with the disease dont even know they have it. Hari sreenivasan looks at a new report from the c. D. C. Thats all ahead on tonights newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. And w
That would be enough not only to stop the growth of our debt relative to the size of our economy, but it would make it manageable so it doesnt crowd out the investments we need to make in people and education and job training and science and medical research all the things that help us grow. Now, step by step, weve made progress towards that goal. Over the past two years, ive signed into law about 1. 4 trillion in spending cuts. Two weeks ago, i signed into law more than 600 billion in new revenue by making sure the wealthiest americans begin to pay their fair share. When you add the money that well save in Interest Payments on the debt, all together that adds up to a total of about 2. 5 trillion in deficit reduction over the past two years not counting the 400 billion already saved from winding down the wars in iraq and afghanistan. So weve made progress. We are moving towards our ultimate goal of getting to a 4 trillion reduction. And there will be more deficit reduction when congres
Illegal immigrants but because our legal system is a disaster. If you have the talent, ability, something you can offer, if you are a physicist from sweden or a doctor from canada you almost cant get in america even if you try to do it legally. Here shouldhat are be able to live a life of dignity and so we can control it in the future and we can encourage people that want to come to this beacon of freedom cant get here in a sensible way. That is what we need more of, people that will put their neck on the line. That is one reason, this is a little partisan, but that is a reason why i am a fan of marco rubio. I said you need to do this and if you do it is going to show courage and leadership. But know this, no matter what happens, pass or fail youre going to get hammered from the left and the right. So be it. I think people are hungry for leaders that will say this is right for the country, i am going to do it. Follow me. [laughter] [applause] eric . I had the good fortune of working fo