Page 30 - Debt Ceiling Issue News Today

Latest updates on this topic.

Latest updates on this topic.

Latest updates on this topic.

Latest updates on this topic.

Beginning of tumultuous times. the thing about this one, it could tarng the global economy. >> i want to bring in the assistant managing editor at "time" magazine. i guess picking up on that, that seems to be the real question. what happens when you get to the negotiations over the cent ceiling and beyond that. look at the debt ceiling. republicans will be looking for serious changes whether its raising the medicare age or something else. they will have the leverage of saying we are ready to for...

To like for almost everyone. you if go back a few deals, republicans would love it. the bush tax cuts for the people who have been enshrined now. president obama was able to get a tax hike on the rich and got capital gains up. there is a lot that is good here, but the debt ceiling issue is the big looming issue and will be resolved soon. >> the deft sit reduction dill doesnt reduce the deficit or cut spending. taxes will go up because we failed to extend the payroll tax cut. in good news, there ...

Latest updates on this topic.

Should be so naive as to believe that just taxing the rich will solve our problems. hes telling the left that entitlement cuts must be part of any deal. that put him outside of what i have been hearing from the unions, mainstream democrats and the president. maybe that is a slight chink in the democrats armor, if you like. maybe they will consider entitlement cuts. maybe he means next year after you work out tax changes now. bill: thats the way i heard it. get the changes before the first of the...

This president or the democrats to be successful in any way. and i think that they have shown that over and over again. and you heard mr. boehner say with regard to the debt ceiling issue he got 98% of what he got. well, 98% of what he wanted did not include any increase on taxes with regard to the millionaires and billionaires. and we can do better than that. our nation is a better nation than that. and i will tell you that i think that the american people even in some of these tea party distri...

Of house democrats. i think they were generally optimistic. they see if we do a trillion dollars in cuts and wout a plan we will be back where we are today, six to eight months from now with a new starting points and em deeper cuts in entitlement programs, domestic discretionary programs. we have to make sure anything counts toward a larger deal. they say, hey, this makes some sense. the house republicans i think they have asked for things that are comprehensive. this is comprehensive, but i can...