Debt Ceiling Lapse News Today

To come forward to a final vote, to suspend the national debt ceiling for two years. republicans say they will not do that. they say instead democrats should use a different process called the budget reconciliation, the process in which they could actually avoid a senate filibuster, meaning they could improve an increase to the national debt ceiling on a straight party line vote but that process is cumbersome. takes a couple weeks. it could also open up democrats to a lot of politically charged ...

Theyre concerned also it would not get done in time to avoid a default. moments ago when i talked to joe manchin he made clear democratic leadership reconsider that and go down that budget reconciliation route even though they have rejected it. >> schumer has ruled out using reconciliation to -- >> we cant rule anything. we cant let the debt ceiling lapse. >> does that mean youre open to killing the filibuster to -- >> basically we have other tools we can use. and if we have to use them, we shou...

Stock market is good. and to just gamble that all away for attaching what is really a partisan, poison pill to de-fund the bill, which as you pointed out is starting to help people. the exchanges are going out. and we actually had two republican economists that testified today who talked about how you cant let that debt ceiling lapse. you cant just shut down the government. the consequences are enormous. 57 million americans social security could be at risk. and veterans benefits could be at ris...

For attaching what is really a partisan, poison pill to de-fund the bill, which as you pointed out is starting to help people. the exchanges are going out. and we actually had two republican economists that testified today who talked about how you cant let that debt ceiling lapse. you cant just shut down the government. the consequences are enormous. 57 million americans social security could be at risk. and veterans benefits could be at risk. look at what happened in 2011, when they went to the...

Thats what were seeing with the debt ceiling. this will be a big test. if president obama follows through on what he says hes going to do, were not going to negotiate on debt ceiling. you guys, if you want to come in the room and say well only raise the debt court of appealing if you cut this, this and. this we should say leave the room. if you want to let the debt ceiling lapse, thats on your back. i dont believe the republican party would, even though these 50 or 75 would. but if we dont negot...

Compromise is a dirty word. thats what were seeing with the debt court of appealieiling. this will be a big test. if president obama follows through on what he says hes going to do, were not going to negotiate on debt ceiling. you guys, if you want to come in the room and say well only raise the debt court of appealing if you cut this, this and. this we should say leave the room. if you want to let the debt ceiling lapse, thats on your back. i dont believe the republican party would, even though...

Democrats i talked to are ready to see the debt ceiling lapse without being raised. on the other hand you see some of them come out and speak out against the gang of six. the majority of the concerns are behind the scenes, you look at people like chuck schumer, patty murray, people who run the campaign committees who are designed to attack electing democrats. if you put medicare on the table, talk about raising the eligibility rates, were going to have trouble recruiting democrats for office. on...

Capitol hill they think theres a strong appetite for a clean way. you remember back in the 90s, had there been one vote it would have passed the senate. they come close before they think theres appetite for it to try to run it again. >> we want to explain to our viewers that the president is speaking at la razza. we will have more on that throughout the rest of the day and throughout this hour. the pool feed and it is an organization of all the networks, all the television networks who cover the...

Had there been one vote it would have passed the senate. they come close before they think theres appetite for it to try to run it again. >> we want to explain to our viewers that the president is speaking at la razza. we will have more on that throughout the rest of the day and throughout this hour. the pool feed and it is an organization of all the networks, all the television networks who cover the president there is some technical problem there. theres nothing editorial about it. weve had a ...