Dr. Rob Johnson, a member of Patriotic Millionaires, a group that proposes raising taxes on the wealthy, told lawmakers Tuesday that raising revenue is vital to the fiscal health of America. Johnson is a Senior Fellow and Director of the Project on Global Finance at the Roosevelt Institute. (0:11)
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)
Former Senator Pete Domenici (R-N.M.) told the Congressional supercommittee Tuesday that in order to address the deficit, entitlement programs need to be restructured in a way that spares vulnerable Americans. (0:28)
Former Senator Slade Gorton (R-Wash.) tells reporters at the Bipartisan Policy Center Thursday that he doesn’t think there is a real chance of solving infrastructure problems right now because the government must first solve the deficit issue. (0:58)
BPC, Sen. Slade Gordon, deficit reduction in Audio Rep. Barney Frank (D-Mass.) tells the Take Back The Amerian Dream conference Tueday that the supercommittee needs to cut $200 billion per year in military spending. (0:33)
Rep. Martin Heinrich (D-N.M.) reacts to President Obama’s deficit-reduction plan saying it is common sense to ask higher paid individuals to pay higher taxes in order to balance the economy. (1:09)
President Barack Obama announces that he will present Congress with the American Jobs Act at Monday remarks from the Rose Garden. He urges Congress to act immediately to pass the bill. (0:30)
President Barack Obama announces that he will present Congress with the American Jobs Act at Monday remarks from the Rose Garden. He urges Congress to act immediately to pass the bill. (0:40)
President Barack Obama announces that he will present Congress with the American Jobs Act at Monday remarks from the Rose Garden. He urges Congress to act immediately to pass the bill. (0:32)
President Barack Obama announces that he will present Congress with the American Jobs Act at Monday remarks from the Rose Garden. He urges Congress to act immediately to pass the bill. (0:29)
White House Press Secretary Jay Carney talks about the upcoming deficit reduction talks and says that they will build on the work already done between the Democrats and Speaker Boehner. Carney continues to say that we need to take action seriously as we don’t have the luxury of political gridlock (0:43)
President Obama believes that Americans around the country feel that Washington, D.C. needs to come together and compromise to find a balanced approach to deficit reduction. The White House encourages people to make their feelings known to Congress. (0:47)
Congress, deficit reduction, obama in Audio Rep. Sander Levin (D-Mich.) said that Republican proposals to fix tax revenue at 18-19 percent of GDP are unrealistic and fail to take into account the high costs of providing for the elderly and keeping America safe. (0:45)
During an appearance before the Bipartisan Policy Council, House Minority Whip Steny Hoyer (D-MD) said that broadening the tax base and simplifying the tax code would bring more revenue and help reduce the deficit. (2:15)
deficit reduction, steny hoyer, tax base in Audio AFL-CIO President Richard Trumka dismissed the Republica’s budget proposal Thursday, saying that the money saved simply goes back to the rich while taking benefits away from the poor. (2:10)
AFL-CIO, deficit reduction, richard trumka in Audio AFL-CIO President Richard Trumka criticized deficit hawks as being misguided and distracting from the jobs crisis and said that deficit reduction should be a shared sacrifice, vowing to fight Medicare and Social Security cuts. (4:12)
White House Press Secretary Jay Carney speaks to reporters from Air Force One en route to San Francisco, California, about bi-partisan work on deficit reduction. (:52)
Air Force One, Jay Carney, White House, deficit reduction in Audio House Minority Whip Eric Cantor (R-Va.) and the House GOP leadership lay out the three basic aims of the Republican party this legislative session.
Eric Cantor, GOP, deficit reduction, tax reduction in Audio GOP, deficit reduction, john boehner 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 
