US Borrows 41 Cents to Each Dollar

The White House predicts the federal budget deficit, that hit a record of 1.4 trillion dollars last year, will exceed that figure this year and next year. Which means the government will be forced to borrow 41 cents of every dollar that it spends. Alyona asks RT Correspondent Lauren Lyster if President Obama and Congress will be willing to cut where Americans spend the most. Lyster explains why cutting deficit in the short term isn't a good idea and why defense spending needs to see cuts.

Category:

News & Politics

Tags:

• The Alyona Show
• Alyona Minkovski
• RT America
• White House
• federal budget deficit
• Lauren Lyster
• President Obama
• Congress
• spending
• government
• borrow
• deficit spending
• G20
• defense spending
• social security
• surplus
• Clinton Administration
• recession

[ABlackDogProductions]

I'm so glad somebody is covering this story since CNN, FOX, NBC, ABC and CBS won't. We're up shits creek and RT is the only one telling it like it is.

[veniceit1]

This is not just deficit spending at it's worst. This is a nasty habit that is moving America into THIRD WORLD STATUS. America is reaching a tipping point or the point of no return. The politicians and super rich people still have their heads in the sand because it has not directly affected them yet and they are too occupied with making huge winfalls of money and looking out for the special interest thieves. It will not get their attention until the most severe MONETARY COLLAPSE in WORLD HISTORY

[JesseVenturaSeals]

Great Coverage but am i the only one thinking "dam I would love have a threesome with them"

[Ahamster1]

2/3rds of the oil America uses is diverted to its military, i guess America will have to speed up development/growth on fuel efficient/green cars, if it wants to maintain its awesome force (so that game developers can make more awesome games based on their tech ;P )

[romeoechomike369]

That's why the dollar bill is not worth the paper it is printed on. We will all be going to paperless currency, or cyber currency. Money that doesn't really exist, but is doled out to sustain ourselves based upon our race, politics, sexual preference, or religion. If you are white, conservative, heterosexual, and Protestant, you are more likely to get cyber money than anyone else. The amount will be doled out based upon how many Neocon asses you kiss, or how much you bend over for CEO's.

[benympls]

I just found out about you & subscribed but damn... i think already got a crush on you and yes your hot but i also got a crush on elizabeth warren. its more of a mental crush, smart women are GREAT!

[greatbydesign33]

When are we going to realized that "our" Government is INTENTIONALLY trying to do us in? These people have all but declared WAR on the American populace. When are we going to wake up and understand this???????

[LUISRGALLO]

now, this host is hot

[FutureMoneyTrends]

Good vid :)

[bergen747]

Great program. Great reporters who are great LOOKING too.

[jscottupton]

Two good looking women show their ignorance.

[zombikilla92]

@veniceit1 and when that happens, there WILL be a revolution.