Page 8 - Debt Ceiling Issue News Today

Way as we know is the most powerful technology of our time, we have to make sure we protect peoples rights and thats what you are seeing the administration doing. >> director young said a moment ago the math is the math when it comes to the debt ceiling issue. does that apply to vote count as well? because neither the house nor the senate have the requisite votes to pass a clean debt limit increase. so the solution is at odds with the current reality on the hill. does he need to adjust in order ...

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Group like that. i dont know if it does what they hope does. >> lets talk about this debt ceiling issue. janet yellen making the announcement. we are going to run out of money earlier than we thought. president biden is not afraid to play chicken. he was vp, he was in congress for years and years, hes been there for you before but not with the likes of marjorie taylor greene, im matt gates, who are all willing to blow things out. >> that is right. i think, first of all, i wouldnt say splay chick...

These -- the intelligence is critical for our allies. it could be a matter of life and death in instances and so we have to be very careful. >> lets turn to the debt limit, as though you dont have enough problems, but you are the problem solvers caucus so you released a one page outline, a proposed framework to temporarily suspend the debt ceiling. wouldnt that just kick the can down the road and have it come up again right as we get into the heart of the presidential primary campaign >> it actu...

Different stuff thats meant to appease this faction or that faction. theyre not explaining to the american people. people what theyre proposing or making a case to move public opinion, their direction and there are a lot of republicans who sit in marginal districts who next week were going to have to decide. are they going to anger their speaker or theyre going to vote for something that voters back home? well find out about slowly and with millions of dollars in television ads behind and so im ...

>> credit "the new york times" for the compelling report. im not surprised that lawmaker would deny tensions with his top lieutenants. fundamental issue is simple. mccarthy knows he has to get this debt ceiling issue resolved, and its a mechanism of how do you get there? do you introduce a budget first? do you talk directly with the white house? is that not the fundamental problem, is that he is stuck between a caucus that is going to demand major concessions and a white house that says, were no...

Lot of people thought possible. >> we are, but in debt ceiling issue could be catastrophic. we keep warning people, come june, if we end up defaulting, this will be economically disastrous. but what does that mean? folks at home, making dinner. >> the debt limit first for starters is not about any forward looking commitments or spend. >> its about paying bills. >> paying bills that the united states government has committed to, and for more than 200 years, one of the bedrocks of the united state...

Or is there still a lot of fear there? >> i think two basic narratives. some are feeling good about this. they say inflation is coming down. we might hit the magical soft land ing. and then you talk to others who say the economy is reaccelerating. the fed might have to do even more and we may have an even more painful recession down the road. i think you can read this data either glass half full or glass half empty. >> im typically a glass half full person. the angle of the debt ceiling, how clo...

Shift. monica lewinsky herself describes herself as patient zero for internet shaming. shed talk about being bullied, what that experience was like, and the way she was treated has not aged well. in many ways, it is a -- from the me-too movement, as you say, so many people have changed their perspective about how they viewed that moment, how he viewed her and how they treated here. >> peter, i wonder, it will take some outside event to shift the fork in the road, but i dont know how it worked. >...

Achieve just by the power of their own argument. or their own good ideas. so, i mean, we are going to have to meet our obligations, the debt ceiling issue is really about whether or not we will pay the bills that we have already accumulated, what republicans are saying is we are willing to risk the credit worthiness, the integrity of the american government and the american economy in order to exact a price from democrats, because they dont have the confidence in their own arguments, if they wan...