Page 41 - Debt Ceiling Increase News Today

Government open past thursday because it includes a suspension of the federal borrowing limit, something congress must do to avoid an unprecedented debt default by the middle of next month. will there be any chance ten republicans would vote to raise the debt ceiling? >> not ten, no. >> reporter: that last point critical because the current process in which democrats are doing to raise the debt limit would require 60 votes in the senate. there are 50 democrats and republican leaders are clear. n...

Good to see you. the senate will vote tomorrow -- >> good morning, jake. >> -- to fund the government and suspend the u.s.s borrowing limit. are you committed to voting no even if that means risking a government shutdown and the u.s. defaulting on its debts in the midst of a tough economic time already? >> so i will certainly be voting no if the democrats insist on combining the debt ceiling increase or suspension with the continuing operations of the government, and there is no calamity thats g...

In insists shell bring her caucus together. >> i think were in a very good place. ive always been very calm about this because its like it always happens the same way. all this bluster and this and that and who is there and who is there, at the end of the day, we will be unified for the american people. >> the house and a more pressing vote will take place tomorrow in the senate, one to keep a government open and without a deal the government will shut down on thursday night. joining me with rep...

Suspend the u.s.s borrowing limit. are you committed to voting no even if that means risking a government shutdown and the u.s. defaulting on its debts in the middle of a tough economic time already? >> so i will certainly be voting no if the democrats insist on combining the debt ceiling increase or suspension with the continuing operations of the government, and there is no ka l calamity thats going to happen, jake. if that were a serious risk, dont you think the equity markets from last week ...

Tonight, as we watch congress careen toward disaster once again with republicans refusing to vote to raise the debt ceiling, our next guest, the chairman of the house budget committee says we should not have to raise the debt ceiling because we should abolish it. the countrys debt limit must be increased in order to cover the debts incurred by donald trump and by republican members of congress and those republican members of congress do not want to cover the debts that they incurred. also covere...

Republicans and democrats have worked together raise the debt ceiling to fund government. if the government funding bill did not include a debt ceiling increase, republicans would vote for it, they say. i think well see that next week, because its not going to get through the senate with a debt creeling from it. -- debt ceiling in it. not going to happen. a default, cataclysmic for our economy, country, credit rating, republicans will make the point democrats are to blame. democrats say republic...

Push progressives to support the $1 trillion bipartisan infrastructure deal passed by the senate. cnns lauren fox joining us live now from capitol hill. were a week away from the deadline to fund the government. the president as we know working frantically to save his economic agenda and thats the big question, what is that plan b? >> reporter: well, lets break it down. there is really two crucial dates. like you said, it is one week until the government runs out of funding and that is the must ...

To help with ida. this was a shame maker. >> beg them please do not put the disaster relief on a c.r. with a debt ceiling increase and that tells me they are not really serious about helping the state. >> democrats lack answers if republicans stymie the bill. >> what is the backup plan. >> ask leader mcconnell. >> democrats also had to strip 1 billion from the legislation to restock israels iron dome missile shield system. that the progressives balked that reveals a democratic divide over suppor...

Of course has very important ramifications or cutting back on certain types of spending. >> the secretary of the treasury janet yellen implored senate minority leader mitch mcconnell to help lift the debt ceiling. the g.o.p. wont assist this time since democrats are set to pile trillions on to the debt with their massive social spending plan. >> republicans are united in opposition to raising the debt ceiling. they have the ability and the responsibility to ensure that the federal government not...

Around the hill even then. aspirational legislation, people wanted to get done, deadline driven legislation, it has to get done, and that deadline end of the month is 24 days away. you say youre not terribly confident theres not going to be a government shutdown. why not? >> because you can never be terribly confident of that. you need 60 votes in the senate to get it done. democrats are twinning government funding with debt ceiling increase which republicans said they will not vote for under an...