Page 2 - Death Ceiling News Today

Earlier today are his expectations for the negotiations going forward. >> well talk about that. the underlying issue here is the democrats since they took the majority has been addicted to spending and thats going to stop. >> reporter: so well have to see if they are getting any closer on the specifics. the thing we always have to keep in mind with negotiations is that the agreement with the speaker and president is only one stage. still needs the support of both chambers of congress, which will...

To fix the debt problem, in eight years, that was a joke at the time, but he has zero credibility on this issue. four years of his presidency, the debt went up by nearly eight trillion dollars, 25%, a quarter of the problem we are dealing with todays due to donald trumps presidency. that is why even republicans rushed out and was saying, this in vowing the comment saying we cannot keep, full even how speaker mccarthy was distancing himself from those remarks that donald trump said. all you need ...

Is -- do we want the government to default, do we want our economy to suffer? no, but, all what we run up against is the fact that we do not have a responsible governing party, in the house of representatives. they are not responsible, in any way, shape, or form, and this debt ceiling is part of it. so, if i were joe biden, i would hope that they can work it out, and i hope five or six republicans come to reality, and honor the debt, and honor what bills have already been incurred, but if i were...

>> i think youre looking at the deadlock. i dont think well get much past. i think they do the death ceiling different than prior republicans. the debt ceiling was increased three times over donald trump. and they went missing office today voted for. that every single one of them. and the absurdity and this idea that theyre gonna use this as a terrorist hostage negotiation technique as really something that the american people need to take a hard look at they are willing to burn down every pensi...

What im doing is working right now. so, why am i going to prioritize a whole bunch of other stuff? i think by the time hes running for reelection, hes going to have to make some promises that are forward-looking, not just backward. >> but peter baker, to that point, that was sort of the connection to the death ceiling, right? we got an economy that is working right now despite everyones warnings about it. dont derailed us. >> yeah, he said republicans are threatening to hold it hostage, that was...

Capitol hill with more. it looks like we are putting two major showdown. what are the expectations going into this big debate? >> good, morning. katie both sides are at a standoff, and that is because democrats, even frankly most republicans in congress, want a clean debt limit bill. then you have that group of republicans, mainly members of the house freedom caucus who made those concessions to the back room deal with kevin mccarthy to get him the speakership they negotiated with him over the d...

Ceiling rank in terms of the problems joe biden this looking at? >> well the debt ceiling is more immediate crisis at this point. if they were to somehow failed to pass it, as you pointed out with that study, right about by the washington post, it would be economic consequences of an enormous damage to the country. so thats a higher priority i think at the moment. afghanistan is something that biden would just assume put in a rearview mirror. obviously hes trying to smooth things over with the f...

More than that the -- would have to regroup, write a piece of legislation, and passing a limit on what we could spend. that process was created in 1917 to placate the isolation who didnt want to untoward one. that is the very specific history on how we got, what we called the death ceiling, we got them in 1917 in the same way that we declared war in germany. -- took two tries but we didnt get over the debt ceiling gimmick that we used to placate people who objected the first one of those wars. w...

Think, this is the third or fourth time ive done it just today is to stop the nuclear program, stop the missiles, stop the aggression. thats what were focused on. in regards to north korea, and were going to continue pushing on that, continue working with our allies and partners to accomplish that and do what is necessary to achieve it. >> are they an add veversary? >> i think in some ways, they get to decide by the actions that they take. if they want to stop their nuclear program, stop the gam...

House is trying to put health care back on the table. are they being set up for failure? are we going to see pushback like we did before, which is, why did you even do that at this point? >> if you want support for the extender and the death ceiling, you cant go after obama at the same time. the wall, i think, is a little more cylinder. so dont think government pad are going, but obamacare, i think is toxic. >> lets see what mulvaney had to say about this. lets take a listen. >> we have a list o...