Skip to main content

tv   Up to Our Necks  CSPAN  April 29, 2016 8:48pm-9:01pm EDT

8:48 pm
that's why you really just don't take gifts from anyone. the problem here is that we had a state regime that was much less stringent than the federal regime, and the government wanted to use the open-ended hobbs act and honest services statute to fill that gap in what they perceived is the state law. i would respectfully submit that that is an inappropriate use of federal power. thank you, mr. chief justice. justice roberts: thank you, counsel. mr. dreeben, could i invite you to return to the lectern? our records reflect that this was your 100th oral argument before the court. you are the second person to reach that rare milestone this century. i distinctly recall your first argument in january of 1989. throughout your career, you have consistently advocated positions on behalf of the united states in an exemplary manner. on behalf of the court, i extend to you our appreciation for the many years of advocacy and dedicated service during your tenure in the solicitor general's office and as an officer of this court. we look forward to hearing from you many more times. thank you. the case is submitted. mr. dreeben: thank you.
8:49 pm
announcer: our grand prize winner from oklahoma. olivia heard, a 10th grader in high school, wants presidential candidates to discuss the federal debt in her video titled, "up to our necks." >> the united states has $18 trillion in debt. so, how exactly does america get up to its neck in debt? every year, a budget is formed. sums of thearge
8:50 pm
federal money, discretionary spending. in 2015, it receive $1.1 trillion. the second section is mandatory spending, which has received 4.5 trillion dollars. lastly, there is the interest on the federal debt, which received $229 billion. this all totaled a whopping $3.8 trillion. now, in order to pay for these things, the government has to taken money somehow. and this is how the budget works. you have revenue and expense. in other words, money you taken money you put out. in the case of the u.s. government, revenue is created through taxation. when the amount of money taken enter taxes doesn't equal the amount put out there spending, we have a deficit. in order to make up for the deficit, the government sells treasury bonds. this is essentially a loan from a third party. this sounds like a sweet deal
8:51 pm
, until you realize we actually have to pay these people back. borrowing can be a temporary solution to an unbalanced budget, but it is the cause of a greater problem. the national debt is the sum total of all past deficits and represents all of the money to future generations, my generation, is going to have to pay back. dear candidates, i would like to know how you, if elected president, would deal with the debt crisis that our nation is facing today. sincerely, olivia. >> growth. >> very serious debt crisis has to be solved through shared sacrifice. >> we have tremendous cutting to do. >> the train wreck that is the federal balance sheet, the only way it gets fixed is if there is growth. >> the wealthiest people in this country and the largest corporations in this country have also got to play a role in deficit reduction. >> hundreds of billions of dollars is going to be saved in
8:52 pm
terms of running government. see, there is can no shortage of ideas for potential solutions. but if ideas are in dime a dozen, why do we still have these problems? nancy pelosi claims there are no more cuts to make. i don't think the coverage is quite bare. i see them for amounts of ways in discretionary spending on. take the arts, for example. the national endowment for the arts receives over $100 million of federal spending per year. their budget requests the 2016 total of $149.949 million. million we $149 don't have to spare. now, i am an art kid in every sense of the word. i have every color of beret imaginable. but i do think this is one area where we can safely cut down federal spending. >> right now -- would you say
8:53 pm
you are still making a difference in the community without government money? >> definitely. and even the arts organizations that we represent have in doing so for decades. they have been making it on their own. today, we would solely rely on the generosity of our foundation. an individual support. olivia: my community is living proof that the government is not an essential component in keeping the arts alive. so, if you still think there is no room to cut, you need to think again. oh, hello, there. the budget plan that president barack obama proposed for 2016 included spending appropriations totaling $4.1 trillion. now, past revenues would only equal $3.5 trillion.
8:54 pm
no, that can't be right. i spent a long time trying to wrap my head around the reason why the budget the president would set a budget plan over budget. apparently, no one else sees the flaw in the logic. because over the last 50 years, we have run a deficit. for all but five years. since the idea of the debt ceiling was first created in 1917, it has been raised nearly 150 times. so, what exactly is the point of a budget and a debt ceiling if we are going to keep going over budget and raising the debt ceiling? now, i may be misinterpreting the facts. but i'm pretty sure that is called being irresponsible.
8:55 pm
as i gain knowledge and understanding about the debt crisis from working on this project, i decided for myself of that the only solution was to make drastic spending cuts across the board. in fact, i was so sure about my solution that i decided to approach presidential candidate senator rubio and ask him about it directly. what will you, if elected, would be willing to sacrifice in order to regain control of government spending? senator rubio: it is not about sacrifice, as much as it is about making ranges to medicare and social security for future generations. we can leave it exactly the way it is for people who are retired now and about to retire, but for younger americans like myself and you and the people watching this, the program will work differently. instead of retiring at 67,
8:56 pm
i will have to retire at 68. that will bring the debt under control. olivia: after talking to senator rubio, i realized it's not that simple. when i heard him say it is not so much about sacrifice, that was the first time i considered maybe i don't have all the answers. i thought we were up to our neck. we are in way over our head. this is why i want the federal debt to be discussed in the presidential campaign. i don't know how to fix it. but america needs a leader who does. so, candidates, the ball is in your court. ♪ announcer: to watch all of the prize-winning documentaries and year's student camden competition, visit student cam.rog.
8:57 pm
org. >> we will discuss the strategy towards isis and the role of allies in the region. thethe founder and ceo of network will be talking about is future in the bernie sanders campaign, after a loss this week. he will discuss what the candidate means for the brexit movement. will talk usavin to preview the white house correspondents dinner, how it evolved from a humble affair to a nearly week-long celebration of celebrations and parties. a film inside washington's wildest week. watch saturday morning. join the discussion. hours every24
8:58 pm
week and. this saturday at new eastern, book tv as coverage from the san antonio book festival. among the topics for the u.s. mexico border, featuring the rise of bicycle, the the borderland empire. women and the politics of marriage, featuring rebecca's book on the rise of an independent nation. violent crime in the 19th century, featuring a book on the disembodied torso, a tale of race, sex, and violence in america. and ronald reagan, featuring a book about his life. and sunday at noon eastern, we are live with author will hagood to discuss his books on the river, the life of adam clayton powell/ and the life of
8:59 pm
semi-davis junior. and the life and times of sugar ray robinson. and a book about thurgood marshall and the supreme court that change the nation. he will take your calls and answer questions from noon to 3 p.m. eastern. sunday evening at nine eastern on afterwards, america online founder looks at what is next for america, and entrepreneurs vision of america. he discusses how to navigate the ever-changing digital age. he is joined by congressman john delaney of maryland. >> people need to think about how they can think about their own jobs in a world where there is more of a definition of where the work has changed. 34% of people are in the freelance economy, and some call it the flexible economy, the nature of work has changed. there are positive and negative, that will continue to develop in
9:00 pm
a third way. how do you position yourself? wasockey, wayne gretzky great because he did not focus on where it was going, but where it would be going. maybe they can position themselves and prepare their families for that future that is going to unfold the next 15 or 20 years. tv.org,r: go to book for the complete schedule. >> the folger shakespeare library recently marked the 400 anniversary of his death, through personal stories. later, there was a discussion on his life with shakespeare scholars. this is two hours and 15 minutes. ♪ michael: hello, and welcome to the wonder of will live. i'm michael witmore, director of

44 Views

info Stream Only

Uploaded by TV Archive on