CNN's John King discusses Rick Perry's proposed tax plan. Is it right for the economy? Is it right for Rick Perry?
Needed:student debt revolution. If you owe less than $625,000 on your mortgage, the President wants you to refinance as well as take $12,000 off their mortgage. Why is the president helping people who made poor choices by buying houses they could NOT afford. Yet our young professionals who are our future (trying to compete with China)can't get a substantial break. Many of our young people have to live at home because they cannot afford apartments, decent cars much less be able to save for a downpayment for housing because of excessive student loans and interest rates. Since our professionals are supposed to compete with foreigners who do attend Harvard, Yale, Stanford etc. asking our own students NOT to attend these expensive schools makes no sense. Our young people are supposed to build up our country so other nations cannot continue to take advantage of us.
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John King, USA aired weekdays at 6pm ET. The final show aired June 29, 2012.
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