Page 37 - Borrowing Authority News Today

>> also a twins fan. >> indeed. >> as the house and the senate return from august recess, there is a daunting agenda awaiting them on capitol hill. and now you can add disaster relief from hurricane harvey into the mix. the top leaders of the house and senate are scheduled to meet with president trump this week at the white house. theyll likely have to address a preliminary plan that would slash disaster funding to help finance the presidents bordered wall. clearly the di namices of change since...

At this point, this disaster proves that even if youre not in a floodplain, you still run the risk of having your house flood. >> couple of questions here and ill give you a couple of answers. first, just for clarity, because there are people suffering looking for immediate answers. for claritys sake, if you have flood insurance policy and youve been paying your premiums, call and get your claim in. there is no problem, there is no shortfall. we have enough money to meet those claims and youre g...

60. reworking the tax code expected to be written in the fall. g.o.p. leaders are out selling it. >> we need to go for growth period thats what we want. lowering rates for americans regardless of where they are at. pro growth. >> sources suggest infrastructure could be an october priority. >> we are a country of infrastructure. thats what the president said. he said im going to have the biggest infrastructure bill youve ever seen. >> g.o.p. sources say that debt limit could be tied to a bill fun...

Drama. how >> paul ryan says he wants to deliver for the treasury secretary. >> he wants to do it earlier rather than later, thats what every treasury secretary says and should be saying. we are going to work with them on this. we are having ongoing conversations on how to address it and we will address it before we hit the debt limit. >> nancy pelosi sent her side agrees with increasing the governments borrowing authority and would love to do it in july without concessions to conservatives. >> ...

Drama. how >> paul ryan says he wants to deliver for the treasury secretary. >> he wants to do it earlier rather than later, thats what every treasury secretary says and should be saying. we are going to work with them on this. we are having ongoing conversations on how to address it and we will address it before we hit the debt limit. >> nancy pelosi sent her side agrees with increasing the governments borrowing authority and would love to do it in july without concessions to conservatives. >> ...

Treasury secretary steve mnuchin on this particular issue. mnuchin has been here a lot in recent weeks urging lawmakers to extend the governments borrowing authority without drama sooner or later. i asked pelosi if shes expecting problems. >> were not going down that path. if we do, i doubt they could pass it in the senate. so lets be efficient. lets remove all doubt. lets save our debate for another subject. this is the credit of the united states of america. >> her take on it is critical. no m...

Thats probably not going to be the house members either way at this point. the senate needs to get 50 votes. they all campaigned on repeal and replace. this bill moves closer. its not a full repeal but its as good as we can do right now. >> some other pressure, steve mnuchin is calling on lawmakers to extend the governments borrowing authority, the debt ceiling, before the end of july, shep. >> shepard: anything new on tax reform? >> its another big ticket item. a lot of thought that that will b...

Passed the 60 vote standard on the filibuster. so in this instance, theres no need for us to change the senate rules. the rules allow us to do what we need to do with 51. >> the challenge is finding the right components to pass it in the senate. >> republicans can disagree on raising the debt ceiling. >> yes, the debt creeling is a difficult vote for my republicans who believe they were elected to get a handle on the nations debt. the white house is pushing for congress to extend the borrowing a...

Our complaint was your complaint. dont come to us and say vote this way or the whole world blows up. >> this is not going to happen anymore. >> time and time again before the new leadership comes in, theyre going to do it again. we get this in less than 48 hours. it increases the borrowing authority a trillion and a half dollars. this is whats got to change. i think its right for the speaker or new speaker to say this process stinks which it certainly does. >> during the government shut down, re...

Medicare b premiums for millions of seniors and pay for it provide relief budget caps from domestic and defense spending. it would be fully paid for by mandatory spending cuts and other house savings. boehner described it as cleaning out the barn, trying to get rid of thorny issues for the next speaker of the house congressman paul ryan is expected to be elected next speak on thursday. if they can get the votes to support this package it would buy him time before he encounters his first crisis i...