The featured programs for the Budget Deficit Tag http://www.c-spanvideo.org/browse?topic=202 en-US Copyright 2013, National Cable Satellite Corporation info@c-spanarchives.org (National Cable Satellite Corporation) info@c-spanarchives.org (National Cable Satellite Corporation) Tue, 07 May 2013 00:00:00 GMT Sun, 19 May 2013 17:41:25 GMT Former President Bill Clinton and Bill Gates were interviewed by Tamron Hall about debt, taxes, health care costs, immigration, and education. "Shaping America's Future" Major Trends, New Ideas, and Big Decisions" was part of the Peterson Foundation "2013 Fiscal Summit: Facing the Future." http://www.c-spanvideo.org/program/312600-2 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/312600-2 Tue, 07 May 2013 00:00:00 GMT Former Federal Reserve Board of Governors Chairman Paul Volcker expressed concern about the United States' long-term debt situation and warned that the Federal Reserve would have difficulty ending its economic growth programs. Other topics included Congress' failure to enact the Volcker Rule as part of the Dodd-Frank financial regulations law. The rule would ban certain types of risky trading by banks holding federally-insured deposits. After his remarks, Mr. Volcker was interviewed by Steve Liesman. "Lessons from the Financial Collapse -- Learned or Forgotten?" was the luncheon address at the National Association for Business Economics (NABE) 2013 Economic Policy Conference held in the Washington Court Hotel. The program began with the presentation to Mr. Volcker of the inaugural NABE Lifetime Achievement Award for Economic Policy http://www.c-spanvideo.org/program/311285-4 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/311285-4 Tue, 07 May 2013 00:00:00 GMT Obama administration cabinet officials testified on the impact of sequestration on their departments. Some of the services that would be cut included Agriculture Department inspections, airport customs, special education programs, and Transportation Security Administration agents. Secretary Donovan said that veterans receiving housing assistance would be displaced. Secretary Napolitano said that maintaining national security would be huge problem. Travelers passing through customs would face longer wait times. Mr. Werfel said that food inspections would be cut, leading to greater economic pressures and rising food prices. "Sequestration," a legal procedure in which every federal agency has the same percentage of its budget cut in order to take back deficit spending, was agreed to in the Budget Control Act of 2011 and scheduled to happen on March 1, 2013. http://www.c-spanvideo.org/program/310989-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/310989-1 Tue, 07 May 2013 00:00:00 GMT Former Senate Budget Committee Chairs Kent Conrad (D-ND) and Judd Gregg (R-NH) talked about the next steps to debt and deficit reduction. Topics included the raising of the debt ceiling, Social Security and Medicare reform, and sequestration. Kent Conrad showed various slides regarding revenue and spending during his speech. Following their presentations, they answered questions from the audience. Former Senator Gregg said during questioning that he did not believe an agreement could be worked out in the House but rather in the Senate. This event at the U.S. Chamber of Commerce in Washington, D.C., was part of Leading Authorities' Association Lecture Series, co-hosted with the U.S. Chamber of Commerce.*There were introductory videos. http://www.c-spanvideo.org/program/310443-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/310443-1 Tue, 07 May 2013 00:00:00 GMT Senate Majority Leader Harry Reid (D-NV), accompanied by Democratic Senators Dick Durbin, Chuck Schumer, and Patty Murray, briefed the media on the ongoing "fiscal cliff" negotiations. He said that Republican Minority Leader Mitch McConnell's proposal to raise the debt limit was a good step in the negotiations. However, later in the day Senators McConnell and Reid could not agree on whether to require 60 votes for the passage of the debt limit agreement. "Fiscal cliff" referred to impending tax increases and budget cuts at the end of 2012 if Congress failed to reach a budget agreement. http://www.c-spanvideo.org/program/309822-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/309822-1 Tue, 07 May 2013 00:00:00 GMT In his weekly legislative briefing with the press Speaker John Boehner responded to President Obama's speech at a toy factory in Pennsylvania earlier in the day about the economy and "fiscal cliff" negotiations. "Fiscal cliff" referred to the impending tax increases and sequestration budget cuts at the end of 2012 if Congress failed to reach a new budget agreement. "Sequestration," a legal procedure in which automatic budget cuts are triggered, was agreed to in the Budget Control Act of 2011. http://www.c-spanvideo.org/program/309723-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/309723-1 Tue, 07 May 2013 00:00:00 GMT President Obama appeared in the Briefing Room to comment on the failure of the Select Joint Committee on Deficit Reduction to reach an agreement on the prior to the agreed-upon deadline. http://www.c-spanvideo.org/program/302807-4 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/302807-4 Tue, 07 May 2013 00:00:00 GMT Alan Simpson and Erskine Bowles talked about the work on the congressional Joint Select Committee on Deficit Reduction. Both urged the committee to "go big and bold" in a recommended solution to the debt and deficit crisis, but were skeptical this would happen as the deadline of November 23 neared. http://www.c-spanvideo.org/program/302697-2 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/302697-2 Tue, 07 May 2013 00:00:00 GMT Senator Marco Rubio (R-FL) was interviewed by Mike Allen about policy, politics, and the news of the day. Topics included immigration, efforts to combat AIDS in the U.S. and abroad, the future of the Republican party, and developments in Syria. Regarding the work of the Joint Select Committee on Deficit Reduction, he said he is hopeful members will come up with a plan both sides can agree on by the November 23, 2011, deadline, but he would not "put any money on it." After the interview, Senator Rubio answered questions from the audience. http://www.c-spanvideo.org/program/302687-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/302687-1 Tue, 07 May 2013 00:00:00 GMT Ben Bernanke testified on the U.S. economic outlook. Among his comments he said the economic recovery was close to faltering. He said the Federal Reserve was prepared to take additional steps to help, and urged Congress to act as well. http://www.c-spanvideo.org/program/301883-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/301883-1 Tue, 07 May 2013 00:00:00 GMT The Joint Select Committee on Deficit Reduction held its first meeting. The bipartisan supercommittee aims to recommend $1.2 trillion in budget deficit reduction over a ten-year period. Members made opening statements and established committee rules. http://www.c-spanvideo.org/program/301430-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/301430-1 Tue, 07 May 2013 00:00:00 GMT Doug Elmendorf spoke about the new Congressional Budget Office (CBO) report on the budget and economic outlook. Mr. Elmendorf said that unemployment in the U.S. will remain above 8 percent for the next few years, and economic growth will continue at a relatively slow pace. CBO updated its forecast based on the passage of the compromise deficit reduction law in August 2011, finding that the plan could lead to "considerably lower" deficits over the next ten years if George W. Bush-era tax cuts and other temporary measures are allowed to expire. http://www.c-spanvideo.org/program/301189-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/301189-1 Tue, 07 May 2013 00:00:00 GMT A group of House and Senate Republicans spoke to reporters about their support for the passage of legislation that would require the Treasury secretary to prioritize payments for debt service, Social Security, and military pay in the event the debt limit is reached. Republican Study Committee Chair Jim Jordan said that he thought Speaker Boehner lacked the needed House Republican votes to pass his debt ceiling plan, and that he opposed it because it did not cut spending enough and or require a balanced budget. http://www.c-spanvideo.org/program/300720-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300720-1 Tue, 07 May 2013 00:00:00 GMT President Obama spoke about raising the debt ceiling in a national address from the East Room of the White House. http://www.c-spanvideo.org/program/300681-2 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300681-2 Tue, 07 May 2013 00:00:00 GMT Speaker Boehner and other House Republican leaders talked about their latest plan for addressing the budget and national debt impasse. http://www.c-spanvideo.org/program/300701-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300701-1 Tue, 07 May 2013 00:00:00 GMT Senate Majority Leader Reid spoke to reporters about his latest debt and deficit reduction plan, which he said he would introduce to the Senate later in the evening. http://www.c-spanvideo.org/program/300699-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300699-1 Tue, 07 May 2013 00:00:00 GMT Senator Tom Coburn, a member of the "Gang of Six" senators, talked about their budget deficit and debt reduction plan, and he responded to telephone calls and electronic communications. Other topics included his own budget plan to cut spending by $9 trillion over the next decade, the ramifications of rating agencies downgrading the U.S. credit rating, and congressional politics in general. He also reacted to comments made by American's for Tax Reform's Grover Norquist on a recent "Washington Journal" appearance. http://www.c-spanvideo.org/program/300650-3 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300650-3 Tue, 07 May 2013 00:00:00 GMT President Obama spoke to reporters about the status of ongoing negotiations with congressional leaders on a budget deficit and national debt agreement. He expressed an urgency to reach an agreement soon to avoid a U.S. default on its loan obligations and called for a "balanced approach" to reducing government spending that includes revenue increases as well as spending cuts. http://www.c-spanvideo.org/program/300535-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300535-1 Tue, 07 May 2013 00:00:00 GMT President Obama spoke to reporters about the status of ongoing negotiations with congressional leaders on a budget deficit and national debt agreement. He said that he was continuing to push for the largest possible deal and that he will not consider a short-term resolution. He also said that he was willing to accept criticism from Democratic Party members, urging Republican leaders to similarly stand up to their base of support. http://www.c-spanvideo.org/program/300425-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300425-1 Tue, 07 May 2013 00:00:00 GMT Representative Jim Jordan (R-OH) talked about the budget and debt ceiling negotiations. He is the chair of the Republican Study Committee, which is a group of over 175 House Republicans organized for the purpose of advancing a conservative social and economic agenda in the House of Representatives. http://www.c-spanvideo.org/program/300400-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300400-1 Tue, 07 May 2013 00:00:00 GMT Former President Bill Clinton spoke at the Campus Progress conference. He talked about about the current federal deficit and debt talks, praising President Obama for his handling of the economy. He also criticized Republicans in Congress for "now deciding that the debt is the biggest problem." http://www.c-spanvideo.org/program/300358-5 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300358-5 Tue, 07 May 2013 00:00:00 GMT Ranking Member of the U.S. House Ways and Means Committee Representative Sander Levin (D-MI) talked about how House Democrats want to address the U.S. debt, how to address revenue-raising, and other economic issues. Humberto Sanchez and Ian Swanson were the guest interviewers. http://www.c-spanvideo.org/program/299866-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/299866-1 Tue, 07 May 2013 00:00:00 GMT Senator Tom Coburn (R-OK) talked about the federal budget and national debt. Senator Coburn recently dropped out of the "Gang of Six" senators group working to reach agreement on the budget. Topics included his reasons for leaving the group, his role in the ethics situation involving former Senator John Ensign, and tax policy. http://www.c-spanvideo.org/program/299735-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/299735-1 Tue, 07 May 2013 00:00:00 GMT House Speaker John Boehner (R-OH) spoke to business and banking executives about the national debt and the federal budget. In his remarks he said that Congress would raise the debt ceiling before the August recess and called for spending cuts greater than the increase in the debt limit. He said that cuts must be "actual cuts and program reforms, not broad deficit or debt targets that punt the tough questions to the future." http://www.c-spanvideo.org/program/299396-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/299396-1 Tue, 07 May 2013 00:00:00 GMT A group of tea party activists led by William Temple, chair of Freedom Jamboree and the Tea Party National Straw Poll Convention, held a press conference targeting House Speaker John Boehner (R-OH), Representative Paul Ryan (R-WI) and other members of Congress for abandoning their promise not to raise the debt ceiling and not doing enough to get U.S. debt under control. http://www.c-spanvideo.org/program/299392-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/299392-1 Tue, 07 May 2013 00:00:00 GMT President Obama talked about his plan for lowering the federal budget deficit and reducing the national debt. He spoke at a town hall-style meeting with students at Northern Virginia Community College. http://www.c-spanvideo.org/program/299116-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/299116-1 Tue, 07 May 2013 00:00:00 GMT President Obama presented his plan for lowering the federal budget deficit and reducing the national debt to students and faculty at George Washington University. The plan includes a goal of $4 trillion in deficit reduction in 12 years or fewer. Among his comments, the president vowed to reject portions of the House Republican budget plan, saying the President George W. Bush-era tax cuts for the wealthy would never be extended again during his presidency. http://www.c-spanvideo.org/program/298994-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/298994-1 Tue, 07 May 2013 00:00:00 GMT