Page 21 - Appropriations Process News Today

Course, do the maintaining of the full faith and credit of the united states. so i believe that what we have now just on its face, jim, is that we saved medicaid, we expanded social safety net to veterans, to individuals who are homeless. and as well, other individuals. thats something very special. we kept the student debt responsibility that we have in helping these thousands and thousands of students, millions of students. and guess what? we didnt decrease or cut. we just maintained 2023 fund...

Behind. we are free because of them. we have an obligation then to do our duty, as we serve the american people. yes, its right to critique and look for ways that we can make it better. what is the sad part about it is, is that you hear republicans talking about how horrible it is and how they plan to ditch it. thats -- >> but have you -- >> all the members of the democratic caucus -- >> yeah, i was going to say, have you run out of time to make it better from your perspective? >> no, i dont thi...

Chooses other processes to, really in good faith, negotiate. because it is valid. you and i will disagree on whether we should have spending cuts, versus tax increases, but that is, as you say, the business of government. that is how it supposed to go. should we just be done with this debt ceiling nonsense, for once, and for all? but >> i would say our focus on spending should be during the appropriations process, the disagreement should have some reforms to use the 12 appropriations bills, so w...

People on either side. thats what makes this ever extra complicated. >> in my simple opinion, as an unelected person, the thing that made this complicated is that this has been a generally speaking, automatic process. there are three times in our history when weve come close. once on the opponent administration within 72 hours of the deadline, but that you shouldnt be happening. i try to understand why we dont accept the fact that we have a budgeting process and an appropriations process, which ...

Project -- for the country, right? this shouldnt even be a discussion, and frankly, it shouldnt happen now. the problem solvers caucus, we proposed to raise the debt ceiling or suspended, put it aside, and then you can have a conversation about long term that, and we should talk about that kind of fiscal policy in our country. do it as a pipe partisan commission, do it as part of the appropriations process, but the idea that youre holding things hostage, youre literally holding the country in de...

Get rid of it. -- the presidency and gets both houses, he should put this on the table and get rid of this for could. >> the problem is, the list of things we actually have to change is really long. michael, you are a conservative. there are legitimate differences between democrats and liberals and conservatives about whether we should raise taxes on the wealthy or on corporations or spend less. wherever you stand on this thing, there is a budget process, which republicans control now. there is ...

Budget that if we had the majority i think we could pass. he cant pass his budget that he passed because it was a pretense. its sad that we continually have this drama on a phony issue and pretend to the american people. if you are going to represent the american people, we need to tell them the truth. the debt limit is not where you really deal with additional debt. it just deals with paying your bills. thats all it deals with. additional debt occurs in the appropriations process. they are in c...

Those higher interest costs over the medium and longer term could result in billions and billions of dollars in terms of a drag on the u.s. economy, and those drags could last well into the future because, lets be honest, this is all going to happen again the next time theres a debt ceiling issue and along a similar vein, all of that could come into play for better or worse. the way that americas current budget and appropriations process is set up, these are the types of battles that pop up. eac...

Cuts for the wealthiest americans, maybe we will some of that back. there is a lot of options here. you are absolutely right. one thing is an arcane process that i would love to see us get rid of it is raising the debt ceiling to reflect what we have already committed in terms of our bills. the other thing is the appropriations process. -- . altogether it is three trillion dollars in deficit reduction. constant deficits. mccarthy in the republicans gave us their approach which would never pass t...

Like this current one. and just coming close increased our borrowing cost by billions of dollars. so speaker mccarthy has to take default off the table. you are right, we have annual negotiations about how much to spend in our appropriations process, and several times over the last decade, we have had a federal government shutdown when we cant come to an agreement between the parties. that is bad enough to have the federal government shut down. that is something that has happened several times. ...