Page 3 - Debt Ceiling Argument News Today

>> the republican plan destroys medicare. >> they were willing to break the social contract in our country. >> this was wrong, wrong, wrong. and im glad to be on the right side of history. >> speaker boehner reminded the members as they were about to run off for two weeks recess, that there is much more governing to be done. >> so president asked congress to raised the debt limit without addressing washingtons spending problem. the president wants a clean bill. and the american people will not t...

Be in this kind of trouble be overreaching? >> possibly. its important for democrats to make it concrete, to talk about whats going to happened. i think that the outcome of the debt ceiling argument is one that is really, really important. today, this afternoon, the white house came out and made what was essentially their opening bid, say they wanted a clean bill on the debt ceiling, one not loaded down with more cuts and policy riders, which is what republicans want to do. its important for the...

Spending cuts, here is the systemic changes we are agreeing to make. lets start the path to some fiscal sanity. megyn: bargaining power power -- >> we need to do whats right for the country. you dont want a situation where you get up against the debt ceiling and we start because of making the markets nervous we start raising the costs of borrowing for everyone. at the same time you dont want to hand the continued spending craziness and all we are doing -- megyn: trying to get a negotiated come b...

Nearly a quarter century ago, the outstanding debt was about $4 trillion. budget cuts helps keep it in check but it began climbing again under president bush, and when he left office, he was about 12 trillion. it only accelerated under president obama, now approaching $20 trillion, showing little sign of slowing under the new chief executive. government shutdowns, sequesters, suspension of the debt ceiling itself, the self-inflicted wounds have turned the debt ceiling argument into a political p...

Nearly a quarter century ago, the outstanding debt was about $4 trillion. budget cuts helps keep it in check but it began climbing again under president bush, and when he left office, he was about 12 trillion. it only accelerated under president obama, now approaching $20 trillion, showing little sign of slowing under the new chief executive. government shutdowns, sequesters, suspension of the debt ceiling itself, the self-inflicted wounds have turned the debt ceiling argument into a political p...

Non-negotiable item is the time the debt ceiling increases. he wants it over this summer. he does not want to go into a presidential campaign with the debt ceiling argument still raging. that is the most important and the only non-negotiable item of the presidents negotiating position. he is obviously willing to negotiate on the deficit reduction package, including all the way to the position of negotiating away completely. since he started off with a negotiating position of not needing to do an...