resolve? that s complicated. i think something gets done. maybe a couple days late. i think it is going to be a short term fix rather than a long term fix. greta, that was disingenuous what we just saw from the president. starting with the fact that he said we will see a family that is going to have less money for a student lone. what we are talking about is not cutting from $100 for student loans available in america to $95 available for student loans in america. we are talking about in the future rather than raising to $110 to like $105. greta: that s a numbers game in washington. sure. it is a way to scare people. greta: it is considered a cut if we don t raise something. as high as he would like to raise it. if he doesn t want that money maybe he ought to give it to a charity. if he s concerned about the debt and he doesn t think he needs that money maybe he ought to write a check to the
on the deficit issue, [ talking over each other ] remember how this works. you and i have jobs. out of our paychecks there s fica money taken out that goes into the social security trust fund, a general fund. it didn t go no into a greta or michelle account. it goes into a general account. out of that account checks are written for seen kwrrs in current real-time. the only problem would be if there is not enough taken out of our checks to go into the general fun and we are short then the government dips into the treasury to make up the make up the difference so seniors get their checks. the bulk of the money comes out of the social security trust fun. it has always been sufficient trust fund. it has always been sufficient to coverage. last year there wasn t enough. that may be the case this year. the bulk of the money is there to pay those checks. greta: i understand the democrats don t want to do
i think utle matle something gets done, i think it s a short-term fix, rather than a long-term fix. greta, that was disingenuous, starting with the fact that he said, we will see a family that is going to have less money for a student loan. what we are talking about here is not cutting from, say, $100 for student loans available in america to $95 available for students in loans in america. we re talking about in the future rather than raising it to $110 per student for loans to $105. that s the numbers game i. it s a way to scare people. it s considered a cut if we don t raise it if we don t raise it as high as he would like to raise it. if he doesn t want that money, maybe he ought to give it to a charity. if he is really concerned about the debt, maybe he ought to write a check to the bureau of
of the full faith and credit of the united states. we have plenty of money coming in to payoff the interest and the debt, take it off the table. and takeoff the military pay issue off the table. if you have a spouse at home and their husband or wife are serving our military in the tile of war, you take that issue off the take. the military shouldn t be pawns. and the full fate and credit of the united states shouldn t be pawns. take it off the table and haggle about the rest. greta: one of the other issues this afternoon, moody s say they may downgrade our credit rating. if that happens it is going to cost us more money to borrow and we know we need more money because we can t pay our bills dependent upon not paying the interest on the debt. that s a very small amount of money relatively speaking. we can easy do that. i had a press conference today with representative steve king and gomer we don t get
was a whole big deal am i think she is a terrific person. i don t know she going to run. i don t think she going to run. i m not sure she has made up her mind. i think she is a terrific person. i met governor perry one time, i was impressed by him. i think michelle bachmann is doing a very good job thus far. i don t know romney. i think michelle bachmann is doing a very good job. and we ll see where that goes. but it is early, right now it is very early. greta: everyone talks about governor romney, wealthy man, should we think because someone is able to be successful personally, business-wise that the person can create jobs? i think it helps. it doesn t hurt that somebody made some money. he s not like a super wealthy person, but he made money. and there s something nice about that, as opposed to a person who is a stiff and never made anything and is