New York City Mayor Michael Bloomberg, during a speech at the Center for American Progress Tuesday, announced his plan to balance the budget by 2021 by adopting the Simpson-Bowles spending cuts, ending the Bush-era tax cuts, and closing tax loopholes. (0:15)
House Minority Leader Nancy Pelosi (D-Calif.) during her press conference Thursday says that deficit reduction of $1.2 trillion will happen whether its her way or the Republicans’ way. (0:24)
Nancy Pelosi, deficit, reduction in Audio Governor Haley Barbour (R-Miss.) says that deficit reduction is contingent upon cutting spending. He adds that raising taxes naturally leads to more spending, but notes that he is not opposed to other means to help raise revenues. (0:43)
Governor Haley Barbour, Tax cut, deficit in Audio White House Press Secretary, Jay Carney, claims that the Obama administration has been busy cleaning up after the Bush administration that turned surpluses to massive deficits in order to prevent another Great Depression in the US (1:44)
Rep. John Larson (D-Conn.) echoes fellow House Democratic leaders in asking the President to invoke an executive order to raise the debt ceiling. (0:55)
budget, debt ceiling, deficit, rep. larson in Audio Rep. James Clyburn (D-S.C.) tells reporters Tuesday that the President should veto a short-term debt ceiling plan if it lands on his desk and, with the same pen, submit an executive order invoking the 14th admendment to unilaterally raise the debt limit. (0:45)
budget, deficit, rep. james clyburn in Audio House Democratic Caucus Chairman Rep. John Larson (D-Conn.) tells reporters Wednesday that, in the wake of Republicans’ unwillingness to compromise on a budget deal, a clean vote should be pursued to raise the debt limit. (0:26)
Rep. John Larson, budget, debt ceiling, deficit in Audio House Minority Leader Nancy Pelosi (D-Calif.) acknowledged Thursday at a press conference that a bipartisan deal in the debt talks must include both spending cuts and promote growth. (0:36)
debt ceiling, deficit, pelosi in Audio At a White House Press Conference, President Barack Obama states that we are running out of time, and he has given lawmakers limited time to come up with a plan for raising the debt ceiling as well as for deficit and debt reduction. (0:29)
President Obama speaks to reporters in the Rose Garden about the upcoming meeting with Congress over the weekend, to find a serious plan to deal with the American debt and deficit. He says that the government needs to live within its means, while still making investments to help put people to work. (:55)
Senator Patrick Toomey (R-Pa.) said that, even if coupled with spending cuts, he believes raising taxes would be counterproductive to the nation’s deficit problems. (0:18)
deficit, patrick toomey, taxes in Audio Sen. Mark Pryor (D-Ark.) said that Congress needs to be honest and “realistic” with the American people on taxes and the deficit, but did not indicate his stance on whether the Bush tax cuts should be repealed. (0:33)
Bush tax cuts, Mark Pryor, deficit in Audio Sen. Judd Gregg (R-N.H), the top Republican on the Senate Budget Committee, makes opening remarks during a committee hearing on the nation’s deficit.
Judd Gregg, SSenate Budget Committee, deficit in Audio Director of the Office of Budget and Management Peter Orszag says it is not wise to reudce the deficit quickly because it will hurt economic development, nor have the deficit remain stagnant because it would stifle economic growth in the long run (0:36)
deficit, deficit reduction, job creation, peter orszag in Audio President Obama says the need for structural reforms to decrease the deficit is necessary and hopes that a realistic bipartisan solution will be found. (0:47)
President Barack Obama, White House, deficit, obama in Audio, White House Healthcare reform, Nancy Pelosi, PAYGO, chingyu Wang, deficit in Audio, Congress 
Obama: Health Care Reform Will Cut Deficit
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