At the Council on Foreign Relation Thursday, Douglas Elmendorf, director of the Congressional Budget Office, says the country’s aging population and rising health care costs mean budget policies from the past can no longer be maintained. (1:01)
At the Council on Foreign Relation Thursday Douglas Elmendorf, director of the Congressional Budget Office, says the US will need to change at least one major aspect of budget policy in a permanent and significant way. (00:30)
Senate Majority Leader Harry Reid (D-Nev.) tells reporters on Tuesday that the American people “overwhelmingly” are opposed to the proposed changes to Medicare in the GOP budget, and says that he would utilize every procedural power at his disposal to “show the American people what the Republicans are not allowing us to do.” (:25)
budget deficit, harry reid, medicare in Audio House Minority Whip Steny Hoyer (D-MD) said that the country has solved financial crises in the past by working in a bipartisan way. (1:55)
bipartisan, budget deficit, steny hoyer in Audio House Minority Whip Steny Hoyer (D-MD) told the Bipartisan Policy Council Monday that all discretionary spending, domestic and defense, needs to be closely examined to make sure it is worthwhile. (1:55)
House Minority Whip Steny Hoyer (D-MD) said that America needs to be on a payment plan to cover the money it owes, but said that the Republican demand to cut $2 trillion for the debt ceiling to be raised is contradictory when the GOP also pursues tax cuts for the richest Americans. (1:08)
budget deficit, spending cuts, steny hoyer in Audio House Minority Whip Steny Hoyer (D-MD) said during remarks before the Bipartisan Policy Center that he wanted to fix the financial crisis for his recently born great grandson and hoped that his generation is not remembered as “the greediest or most irresponsible.” (0:50)
budget deficit, steny hoyer in Audio Former New Mexico Governor Gary Johnson (R) talks with TRNS about the dire financial situation facing the United States caused by broken promises from both Republicans and Democrats. (0:32)
Gary Johnson, budget deficit in Audio 
