www.tonyrobbins.com Watch Tony Robbins discuss the $15 trillion US national debt -- how big is it really? And what can we do about the enormous federal budget deficit?
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Find more about debt to GDP ratio in other nations at the CIA Factbook bit.ly Also please read the book "Basic Economics" bit.ly
Deficit spending isn't about us or even the government. It's about our children and grandchildren: the ones who will have to pay the irresponsible bill that we have created. Professor Antony Davies reveals the discrepancy between the Congressional Budget Office's (CBO) predictions of future deficits, and what those deficits end up being. Only three years ago, the CBO predicted a $260 billion deficit for 2012. In reality, this year's deficit will come to around $1.1-$1.3 trillion. Could the deficit for 2015 exceed CBO predictions again and reach as high as $2-3 trillion? Find out as Davies discusses what this means for our future generations. "The real problem here is that deficit spending is not about us, and it's not about the government. It's about our children and our grandchildren. When the government deficit spends, it isn't giving us money. It's taking money from our children and giving it to us now." -- Antony Davies Check out www.economicfreedom.org to see the rest of our videos!
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Republicans claim that Democrats are to blame for the national debt and large budget deficit. Cenk Uygur sets the record straight. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com Subscribe: bit.ly
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Alan Simpson, the co-chair of Obama's deficit commission, says the president's 2013 budget fails to tackle the core issues of entitlement and defense spending in any meaningful way, and says the US is on the same debt trajectory as Greece. In an in-depth interview, Simpson tells Thomson Reuter Digital Editor Chrystia Freeland a dysfunctional Congress will force the US to pay increasingly higher interest rates on its mounting debt.
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Coverage: Budget deficit, balanced budget, budget surplus, debt service payments, interest on debt, government debt, public debt Macroeconomics - 59: Changes and Effects on Primary Budget Deficit (TAXES): www.youtube.com Macroeconomics - 61: Budget Deficit and Debt: www.youtube.com...
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President Barack Obama's budget request to Congress on Monday will forecast a deficit of $1.33 trillion in fiscal year 2012 and will include hundreds of billions of dollars of proposed infrastructure spending, according to draft documents viewed by Dow Jones Newswires and The Wall Street Journal. Damian Paletta has details on The News Hub.
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The President continues to assert that policy changes proposed in his budget will result in $4 trillion in deficit reduction. The claim is simply false. House Budget Committee Chairman Paul Ryan unpacks the false claims and the gimmicks -- revealing a deep divide between reality and the Administration's rhetoric.
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In a Defense Secretary confirmation hearing, Leon Panetta claimed that spending on defense was not a major factor in the budget deficit. Cenk Uygur and Ana Kasparian discuss. Facebook: www.facebook.com Subscribe: bit.ly TYT Mobile: bit.ly Twitter: twitter.com www.theyoungturks.com FREE Movies(!): www.netflix.com Read Ana's blog and subscribe at: www.examiner.com Read Cenk's Blog: www.huffingtonpost.com
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The US budget deficit for fiscal year 2009, which ended in September, was a record-shattering $1.4 trillion, equal to about 10 percent of Gross Domestic Product. In case you're wondering, the previous record had been set in...2008. $1.4 trillion dollars is a lot of money and it's hard to get your mind around that figure. One way to appreciate the sum is to think of it in terms of all the things that you could buy with that dough. The budget deficit, for instance, would pay for more than 1.2 billion nights at Rep. Charles Rangel's vacation condo in the Dominican Republic. And that's just for starters. Don't worry if you have trouble doing the math, because you'll get another chance next year. The Obama administration has just released its estimate for the fiscal year 2010 budget deficit. The number? Another $1.4 trillion. Approximately 1.30 seconds. Written and produced by Meredith Bragg and Nick Gillespie. For downloadable versions, links to related articles, and many more videos, visit reason.tv
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The President pledges to rein the deficit, citing three specific steps to this end. He praises the Senate for restoring the pay-as-you-go law, discusses his proposal for a freeze in discretionary spending, and calls for a bipartisan Fiscal Commission to hammer out further concrete deficit reduction proposals. January 30, 2010.
President Barack Obama Weekly Address Budget Deficits Deficit Debt Commission
Stay up-to-date with the latest animation! tinyurl.com Follow me on Twitter: twitter.com or on Facebook: tinyurl.com And of course, there's an iPhone app! tinyurl.com The top economic minds in the country can't get enough of this bestseller. A look at morality in budgeting, cuts and fighting the deficit
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Alarming! Washington's Dilemma!. Soaring debt and a budget Congress can't balance. This VIDEO explains WHY. Every person in AMERICA should watch this video! Over 671000 VIEWS!
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In response to the Republican proposal to cut $74 billion from the federal budget, Senator Harry Reid declared the cuts to be "unworkable" and "draconian". But how bad are is $74 billion in cuts when seen in the context of our $1.5 trillion deficit? This video visualizes the Republican budget cuts to give us a little more perspective.
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Via Crooks And Liars: "Cenk Uygur did a nice analysis which showed the difference between the amount of government spending which was wasted in the recent General Services Administration scandal that has the right wing and a good deal of our corporate media, freaking out over the amount of money wasted during that debacle, and what they're routinely dismissing as just a "tiny portion of the budget" which would be gained if Congress actually passed the "Buffett Rule"...".* Read more here: videocafe.crooksandliars.com Subscribe to The Young Turks: bit.ly Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com
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President Obama's budget projects that the deficit for the current year will total $1.33 trillion, the fourth straight year of deficits over $1 trillion. Under President Obama, the nation's total public debt has reached a record $15.6 trillion.
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Alyona Minkovski joins Ana Kasparian to discuss President Obama's plan to reduce the federal budget deficit. Watch more Alonya here: www.youtube.com
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We desperately need Peter Schiff in the US Senate. Schiff explains how badly the country is being run by a Congress that doesn't understand the damage it is causing. We need someone in there who understands economics and who can help Ron Paul restore sanity to an insane Congress. Please donate to Peter Schiff at www.schiffforsenate.com. Courtesy of www,campaignforliberty.com northeast conference in Valley Forge, PA. 9/19/09
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Defense is getting too much money for FY 2011: $708 billion. It is very detailed, but about $56 billion goes simply to classified programs, or to projects known only by their code names, like Chalk Eagle and Link Plumeria. Budget calls for 1.4% increase for defense personnel; Obama asks for $708 billion from congress.
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Via The Raw Story: "Republican White House hopeful Mitt Romney Tuesday accused President Barack Obama of doing nothing to douse a "prairie fire of debt" as he previewed a new economic message in a key swing state...".* The Young Turks host Cenk Uygur debunks the 2012 Republican Presidential candidate's speech. Should Obama take most of the blame for the budget deficit and the economic recession? *Read more: www.rawstory.com CHART - Spending, Taxes, And Deficits Are All Lower Today Than When Obama Took Office: thinkprogress.org Subscribe to The Young Turks: bit.ly Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Facebook: www.facebook.com Twitter: twitter.com
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Ron Paul schools Mitt Romney: bit.ly CNN Foreign Policy Debate; November 22, 2011.
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Via The Washington Post: "...at the end of 2012, we're scheduled to see $7.5 trillion worth of tax hikes and spending cuts happen automatically...".* Would this solve the American budget deficit problem? Would it ruin our economic recovery? The Young Turks host Cenk Uygur shares his take. * www.washingtonpost.com Subscribe to The Young Turks: bit.ly Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com
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A meeting of the European Central Bank in Barcelona has sparked unprecedented security measures in Spain - reflecting public anger over savage austerity cuts to deal with the country's budget deficit. Several border controls have been restored for the event, with the authorities fearful of protests. For more on the story RT talks to Johan Van Overtveldt, editor-in-chief of Trends magazine. RT on Twitter twitter.com RT on Facebook www.facebook.com
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Help spread these messages! Go to www.declarationentertainment.com Barack Obama will have ONE BILLION DOLLARS to spend on his re-election in 2012. Bill calls that chump change. Find out how the Big Government statists spent 22000 times that amount on buying votes in 2011 alone!
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www.euronews.com Across Ireland empty buildings stand testament to the legacy of the Celtic tiger. A legacy which included a spectacular economic boom and a bust which led to an EU-IMF bailout based on tough austerity measures. But is that bailout working? That question could soon be answered by the Irish people in a referendum on the EU Fiscal Treaty. How will that vote go? Like its banks and government, the Irish people have a deficit - but this time it is one of trust. Find us on: Youtube bit.ly Facebook www.facebook.com Twitter twitter.com
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If you didn't show up to work for 1000 days, would you get to keep your job? And since Senate Democrats haven't passed a budget in 1000 days -- which House Democrat Whip Steny Hoyer said was "the most basic responsibility of governing" -- should they get to keep theirs? nrsc.org
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My take on politics and the federal budget situation. Other videos and more at standupeconomist.com!
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"In the darkness, the question sounds as clear as ever, Britain where are you?" This is what the head of the Church of England; Rowan Williams is asking the British public and officials. He says Britain risk tearing itself apart, blaming it on riots and bankers greed. His warning comes as the British economy is close to another period of contraction, though it still under the pressure of the worst recession since WWII. Unemployment is on the rise, with youth joblessness at the highest since 1992. The government is taking austerity measures including cuts in public spending and jobs to reduce its record budget deficit. While the public experiences the economic hardship, banker still receive huge pay packet on bonuses. The government claims that its reforms will make the system fairer. Follow our Facebook on: www.facebook.com Follow our Twitter on: twitter.com
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Cenk Uygur speaks with former Labor Secretary Robert Reich about how Republicans are presenting spending cuts (on programs that largely benefit the poor and middle class) as the only way to decrease the budget deficit when in fact tax increases for the richest Americans would be a better solution.
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It's a simple solution - set a budget cap, and if it's violated, stop paying congress.
President Barack Obama's new budget plans were released today. Cenk Uygur goes through the pros and cons of President Obama's budget plans. Subscribe to The Young Turks: bit.ly Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com
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Austerity & Neo-Nazis, oh my! Stay up-to-date with the latest animation! tinyurl.com Follow me on Twitter: twitter.com or on Facebook: tinyurl.com And of course, there's an iPhone app! tinyurl.com News-in-a-Nutshell is back, this time taking a closer look at the latest elections and austerity battles in Europe. Why should people in the United States care what happens in elections in Europe? Just ask those budget-minded Republicans! A Mark Fiore political animation
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Send our petition to Congress: warcosts.com Now that the deficit committee failed, war profiteer CEOs are launching an all-out propaganda campaign to protect their profit margins. They and their allies in Washington are working to protect the massive, corruption-filled war budget by slashing social safety nets that help create jobs. This would be a disaster for our economy. Use our tool to send Congress War Costs' latest video to make sure they understand the consequences of failing to make real cuts to the military budget warcosts.com
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