Without doing anything at all. Is that the real worry hi everybody im dagen mcdowell, this is bulls bears. The bulls and baser this week gary b. Smith, jonas max ferris, John Layfield and chuck rocha. Welcome to everybody. Gary b. , are these democrats worrying about the wrong thing . Well theyre worried about 1. 5 trillion to the deficit which i disagree with but here is the problem. The debt is forecasted to be over the next few years 88 trillion. Its inescapable and here is why 0. 92 of every dollar the government takes in they spend on entitlement programs, Social Security medicare and medicaid plus interest, do you know what those are forecast to increase over the next few years Social Security 62 medicare 73 medicaid 45 , dagen . The problem is not tax cuts. Its not tax revenues. The problem that we have this Big Entitlement Program moving through, increasing increasing over the next 10 years, if you include state and local spending , the government total federal state and local
Is that the real worry hi everybody im dagen mcdowell, this is bulls bears. The bulls and baser this week gary b. Smith, jonas max ferris, John Layfield and chuck rocha. Welcome to everybody. Gary b. , are these democrats worrying about the wrong thing . Well theyre worried about 1. 5 trillion to the deficit which i disagree with but here is the problem. The debt is forecasted to be over the next few years 88 trillion. Its inescapable and here is why 0. 92 of every dollar the government takes in they spend on entitlement programs, Social Security medicare and medicaid plus interest, do you know what those are forecast to increase over the next few years Social Security 62 medicare 73 medicaid 45 , dagen . The problem is not tax cuts. Its not tax revenues. The problem that we have this Big Entitlement Program moving through, increasing increasing over the next 10 years, if you include state and local spending , the government total federal state and local will spend half of everything w
In sport, the winning run is over. And it takes an injury time penalty save to preserve manchester citys unbeaten record this season as theyre given a scare at the palace. Happy new year from bbc breakfast from Parliament Square the final preparations are under way for the annual new years day parade with thousands of performers from around the world like these guys on texas fantastic, doing it in style, bright and early this new year s morning. And stav has the weather. Hgppy happy new year. Starting off with a lot of showers around, wet and windy in places but we should season sunshine into the afternoon. The start of 2018 is looking unsettled the rest of the week. I will have more in 15 minutes. Good morning and happy new year. First, our main story. Millions of people around the world have been celebrating the start of 2018. More than 100,000 ticketholders watched londons midnight firework show from the banks of the river thames, and hogmanay celebrations went ahead in edinburgh, d
The bodies of the victims have been recovered scores of people were left stranded in liverpool and forced to spend the night in emergency accommodation after a fire destroyed more than 1,000 cars parked close to the citys arena. No one was hurt but residents in nearby apartments were evacuated as the fire service tackled the blaze which it describes as one of the worst it had ever dealt with. Britains trains are the oldest since current records began, according to figures from a transport watchdog. Passengers are travelling in carriages which were typically built in the mid 1990s. The office of rail and road says older Rolling Stock can lead to problems with reliability and poorer performance. The department for transport says 11,500 new carriages will be introduced across britain by 202a. The president of iran has appealed for calm, saying people would have the right to protest but not to commit acts of violence, amid continuing Anti Government protests. In his first Public Comments s
Happy new year from bbc breakfast good morning from parliament square, final preparations underway for this yea rs final preparations underway for this years new years day parade, half a Million People expected on the streets of london and 8000 performers, including these guys texas. They will cheer in the new year for us. And stav has the weather. Hgppy happy new year, today we start with a lot of showers, wet and windy weather in places, we could see some sunshine into the afternoon at the start of 28 team is looking u nsettled start of 28 team is looking unsettled for the rest of the week. I will have more in about 15 minutes. First, our main story. Millions of people around the world have been celebrating the start of 2018. More than 100,000 ticketholders watched londons midnight firework show from the banks of the river thames, and hogmanay celebrations went ahead in edinburgh despite earlier travel and weather concerns, as Simon Clemison reports. It was one party big ben really c