Page 4 - Debt Ceiling Increases News Today

Do you buy that? >> reporter: they are saying that the growth of the chinese economy will be such that it will surpass the size of the u.s. economy by at least one measurement. i do think that there is legitimate worry that the united states is in for a period of sluggish growth, high debt, and kind of a debt overhang that will persist and be a dragon the economy for a very longtime. and i would sense that this ims statement is just one further manifestation of that. jenna: lets talk a little bi...

Forward. you made that clear. there is a growing discrepancy between the to democrats on capitol hill about whether they have the votes. but let me start with robert gibbs left off. deeming it passed. the house members who want this bill wouldnt vote up or down on it, but they would deem the senate bill passed and they could avoid actually having to stay they voted yes on the senate bill. is this irregular? the democrats say its not. >> megyn, everybody knows, occasionally they used a deeming pr...

Lawmakers willingly use as a bargaining chip tied to budget priorities. fiscal policy like spending and tax cuts can help drive the economy out of recession. increased military funding can respond to national emergencies like the 9/11 terrorist attacks. flexibility is built into debt ceiling increases and has been used 22 times in the past 23 years. >> its become a political football. what happens is instead of using the debt ceiling as a reminder or knowledge to get us back onto a smart and sus...

Its now a political tool that lawmakers willingly use as a bargaining chip tied to budget priorities. fiscal policy like spending and tax cuts can help drive the economy out of recession. increased military funding can respond to national emergencies like the 9/11 terrorist attacks. flexibility is built into debt ceiling increases and has been used 22 times in the past 23 years. >> its become a political football. what happens is instead of using the debt ceiling as a reminder or knowledge to ge...

Responsible. >> the only problem for john boehner and company, you couldnt just tell them they cant. they wouldnt accept that. so at the retreat this weekend, house republican leaders have been trying to coax their leaders down from the tree, not all the way, not completely on to solid ground, but maybe on a more secure branch. house majority leader eric cantor said next week, well authorize a three-month temporary debt limit to give them more time. further if they fail to pass the budget in tha...

Latest updates on this topic.

Latest updates on this topic.

Painful to watch the presidents speech. not just because we knew he was not telling americans the truth, with his suggestions of how well things were going and how well things will go if we gave him 4 more years of these repeated, failed policies. but you are right. there was a lack of enthusiasm, a lack of passion for this country. a lack of sincerity when it came to, for instance, his claims of supporting our troops. yet, many of us look back a number of months ago and remember a specific abou...

Ability and democrats are losing the ability to even explore alternatives. and when you see whats going on in the house and the senate, there is my way and the wrong way, and lugar was one of the few people who would explore the other way and talk to other people, talk to democrats about where can we be in the middle. but he did things like vote for multiple debt ceiling increases, voted for both of obamas supreme court nominees, which in the old days was just being polite politics, being polite...

Increase in the debt ceiling. >> if you didnt quite get all that, youre not alone. >> but authorize him to request of us that we raise the debt ceiling for the amount that he says. >> which would, in fact, allow president obama the authority to raise the debt limit on his own. >> that strikes me as a cowardly posture. >> they all voted on a budget a few months ago that would require debt ceiling increases. >> they all look like a bunch of jack asses who cant get their work done. >> i see your st...