Former Republican House member Susan Molinari and Democratic strategist Kiki McLean speak to CNN's American Morning about the forthcoming budget debates.
I would like to hear what services the increased deficit spending from 2008 to 2011 is paying for. Is there any money left in TARP or Investing in American programs that can be returned to reduce deficit spending? When politicians state that they are cutting spending, reporters should ask if they are cutting spending from the last years budget or if they are cutting spending from an inflated proposed budget. Ask everyone how they think borrowing and adding to the National Debt will hurt the United States and do they support or oppose debt reduction? There should be universal recognition by now that we have to stop deficit spending and stop raising the National Debt.
I believe that the debt celing is a percentage of GDP. And the concerns of the international financial markets is that ratio(debt to GDP) I see three issues.1. Is the ratio debatable? 2 Can we aas a country increase the GDP? 3. The obvious is the decrease in spending?
I would like to see all three issues discussed and not just the focus on item no.3.
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