Page 40 - Debt Ceiling Increase News Today

She said, you know, were asking leader mcconnell to cover what he approved, what he pushed for in terms of legislation with the trump tax cuts. she said that was not paid for. what they did. now we have to pay for it. >> the tax cut was in 2017. we have raised the debt ceiling several times. if her logic that is accurate, that is ridiculous. were paying for the situation that we find ourselves in today and which we spent a lot of money in february of this year on covid, a lot of money in decembe...

Infrastructure, but it is this build back better bill that they dont seem to have any room for, any taste for. >> absolutely. i think it was noted in an earlier segment that they had come to the middle and they had supported the infrastructure bill, but they werent going to take a step further and support the soft infrastructure bill. i think that republicans are entrenched at this point. they see the infighting among progressives and moderates. they want no part. and they are happy to let democ...

Down today. a $3.5 trillion bill will not get his needed vote in the senate. so what will? thats where we are at this hour, at this minute. there was a victory for leadership today in the form of legislation to avoid a partial federal government shutdown. at least until early december. punting that fiscal cliff a few months. but most things, including a debt ceiling increase, and the future of the biden legislative agenda hang in the balance tonight as special report kicks off. we have fox team ...

Bill as it exists and they have to have their vote to get to 50. its tenuous. theyve all got egos and theyre enjoying the attention, i think. and its a very difficult matter for america because we need to move forward and get things accomplished. and the republicans are helping not at all. theyve not supported the debt ceiling, which we dont get the debt ceiling raised, we are not supporting the constitution which says we need the full faith and credit of the american government, should never be...

Report as scheduled. lets see -- >> for now. >> for now. theres always that to word is. there a plan b. >> we heard from one of the cabinet officials whos been key to trying to sell this. thats not a big deal if theres a delay in this vote. as much as theyre making it clear on the hill, they dont want to use it as a vehicle to pass the debt ceiling increase. that might have do be where this heads if republicans dont blink, and if you talk to anyone close to mcmcconnell. they say hes not likely t...

Out at midnight tomorrow, so that is the problem here, and they included this with that bill. republicans blocked it. they said they are not going to get behind any sort of debt ceiling increase. so now democrats are scrambling to figure out how they can do this. another solution that they have is probably putting pressure on republicans as we near that october 18 deadline, which is when treasury secretary janet yellen said that we, the nation, will default on its debt. so that is the problem he...

Who have voiced frustration including speaker nancy pelosi and members of the progressive caucus, have expressed frustration with not knowing what the bottom lines are. joe biden may know more about the bottom lines that we do, but pretty soon theyll have to lay those on the table if theyre going to avoid an outright split in the democratic caucus. >> manu, i heard you were able to grab house majority leader steny hoyer. any updates? >> they had a meeting with the whip to discuss the debt ceilin...

They have the senate. they want to spend all of this money. republicans dont. i dont think one republican should vote to increase it by a penny. democrats are going to sick-outs you are going to shut down the government? it is going to be instinct. that is not typically have control of congress. they get to g decide. so it will be up to them whether or not they raise the debt ceiling. correct? >> yeah, you know, if i were the republican leadership, i would say, look at you can get our votes. dro...

Hopefully it will reach the level that we need in order to pass both bills. >> we also dont have a price tag on the social spending bill. its likely less than $3.5 trillion. thats why pelosi told her members circumstances "necessitated a change but not in democratic values." also the gop just blocked another effort by democrats to raise the debt limit. the gop wants democrats to stuff the debt ceiling increase in their reconciliation package for the social spending billion. its except from filib...

Money. republicans dont. i dont think one republican should vote to increase it by a penny picnic at democrats are going to sick-outs you are going to shut down the government? it is going to be instinct. that is not typically have control of congress. they get to decide. so it will be up to them whether or not they raise the debt ceiling. correct? >> yet becoming, you know, if i were the republican leadership, i would say, look at you can get our votes. dropped a $5 trillion spending bill. drop...