Hatch: America Has A Spending Problem

Senator Orrin Hatch (R-Utah.) says America has a spending problem not a revenue problem. (0:12)

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Velázquez: Super Committee Proposal Is Big, Bold, and Balanced

Rep. Nydia Velázquez (D-N.Y.) says that the proposal put forth by the Joint Committee on Deficit Reduction will result in $2.1 trillion in spending cuts.  Velázquez, Pelosi and the other speakers all emphasized that the proposal would be “big, bold and balanced.” (0:23)

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Sen. Sessions: Myths Surround Military Spending

At the Values Voter Summit, Sen Jeff Sessions (R-AL) says its a myth that America spends too much on defense. (0:23)

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Air Force Has Prime Opportunity To Show Smart Spending, Says Watchdog

Pete Sepp from the National Taxpayers Union argued Monday that the Common Vertical Lift Support Program (CVLSP), which would replace the Air Force’s aging helecoptors, would be an opportunity for the Air Force to make smart purchases. Sepp made his comments during a discussion on defense spending sponsored by the Taxpayers Protection Alliance. (0:26)

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Americans For Tax Reform: DoD Doesn't Know How Much It Spends

During a discussion on Capitol Hill Monday, Mattie Corrao, the Government Affairs Manager for Americans for Tax Reform (ATR), said that several bills have been put before congress demanding a comprehesive audit on defense spending but none have been put into effect because the Defense Department does not know how much it’s spending.  (0:37)

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Van Hollen: We Can't Cut Too Fast, Too Deeply

House Budget Committee Ranking Member Rep. Chris Van Hollen (D-Md.) discusses spending cuts at a House Budget Committee hearing Wednesday. (1:10)

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Cutting Federal Spending Will Boost Job Growth, Says Republican Lawmaker

Testifying before the House Budget Committee Wednesday, Rep. Kevin Brady (R-Texas) shares the findings of economists concerning the impact of spending cuts on economic growth and job creation. (0:33)

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Geithner: International Institutions Vital To America's National Security

At a hearing Wednesday, Treasury Secretary Timothy Geithner emphasized the importance of international institutions like the World Bank in maintaining national security. (0:55)

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Alexander: Answer To Deficit A Matter Of Elementary Math

Sen. Lamar Alexander (R-Tenn.) discusses the problems related to elevated spending. (0:29)

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McConnell: Problems Don't Exist Because We Tax Too Little, We Spend Too Much

Senate Minority Leader Mitch McConnell (R-Ky.) discusses the root of America’s economic problems and how they ought to be fixed. (0:31)

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Thune: Direct Correlation Between Spending, Debt And Job Creation

Sen. John Thune (R-S.D.) discusses the need for spending cuts in order to slash the federal debt and create jobs. (0:41)

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"Every American Deserves The Chance To Change The World," Says Top White House Economist

Austan Goolsbee, chairman of the President’s Council of Economic Advisers, stresses the importance of America’s continued focus on innovation. (0:28)

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Economist Calls For Upheaval In Spending Culture

David Malpass, President of Encima Global testifies on the nation’s economic and fiscal outlook. (0:19)

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McConnell: Republicans Dedicated To Giving Americans What They Want

The Republican Party is dedicated to cutting spending and the debt while creating private sector jobs, according to newly re-elected Senate Minority Leader Mitch McConnell (R-Ky.). (0:45)

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Current Generation Leaving Kids An Economy In Ruins, Says Virgina Republican

Rep. Bob Goodlatte (R-Va.) says that the current generation is giving their children and grandchildren an economy that is in ruins. Goodlatte's comments come during a press conference on the necessity to pass the "Balanced Budget Amendment." (0:26)
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GOP Congressman Compares Democrat's Spending To Ponzi Scheme

Rep. Scott Garrett (R-N.J.) says the Democrats' spending proposals are outlandish, and compares them to a Ponzi scheme. (0:34)
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Bill Clinton: GOP Hypocritical Over Democrat Spending

During his Keynote speech at the Campus Progress National Conference, former President Bill Clinton says that it is interesting that the same people who give tax breaks to millionaires are not willing to spend money on helping poor people find work or fund college tuition grants. (0:14)







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Boehner: "President Obama will create more debt than his 43 predecessors have in the last 220 years”

By Kayleigh Harvey - Talk Radio News Service

At a House GOP leadership stakeout this morning Republican leader Congressman John Boehner (R-OH) said: “The President’s budget spends too much, taxes too much and it borrows too much from our kids and grandkids…if you look at the debt numbers in his budget you will see that over the next six years President Obama will create more debt than his 43 predecessors have in the last 220 years.”
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Obama's Budget "Fiscally Irresponsible"

Congressman Mike Pence (R-IN) accused President Obama’s budget of “bringing forward the largest tax increase in American history” and “adding more than one trillion dollars to the national debt every year, for the next ten years,” at a House GOP stakeout today. He labeled the budget “fiscally irresponsible.”
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McCain willing to make tough choices to tighten spending

The Jobs for America economic plan was at the crux of a press conference call held by Senator John McCain's presidential campaign. Former president and CEO of eBay, Inc. Meg Whitman and Senior Policy
Adviser Doug Holtz-Eakin discussed McCain's plan for the U.S. economy.

Whitman said that McCain is concerned with job security and the direction the economy is taking. She says that McCain wants to get the economy back on track by focusing on job creation, particularly in
small businesses. According to Whitman, this will involve spurring innovation around research and development as well as making tough choices to tighten spending. Whitman says McCain supports small
businesses as he knows they help create jobs.

Holtz-Eakin added that McCain has built his policy to ensure Americans get better health care and that a comprehensive energy policy is put in place to address the need for environmental security. When
questioned as to why McCain has never explicitly said he would balance the budget by 2013, Holtz-Eakin replied that McCain plans to balance the budget by the end of his term and this would happen as quickly as when the Democrats 'come to the table.' (11:19)
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