Page 7 - Debt Ceiling Problem News Today

put forward by a bipartisan senate group named the gang of six. most liberals dont like the gang of six approach because it would make cuts to social security and medicare. >> we are an anti-gang group. we are -- were trying to suppress the growth of gangs. we think that it is not healthy for washington. most conservatives complain it doesnt cut spending enough and raises taxes too much. >> the gang of six is a five pages of sort of talking points. its not an actual plan. >> but the ...

government goes about raising debt ceilings. senate leaders from both parties are hammering that out. the kick the can deal, a short-term deal that would raise the debt ceiling for a few weeks or months. the president has said he doesnt like that idea. coming up next the just get to 2012 deal, a compromise that would give the government spending power to get through the president elections. fourth, the grand compromise, the one the president is pushing for, the long-term deal that coul...

she shun the media spotlight or will she try to capitalize on her supposed fame? im wolf blitzer. youre in "the situation room." >> president obama back at the bully pulpit for the second time this week to make sure ameripay bill. he went before reporters to keep pushing raising the debt ceiling limit before the august 2 deadline. he seems to be softening his terms somewhat. lets go to the white house. our correspondent dan lothian has the very latest. >> he said it time for law makers...

Create jobs again. thats what people are talking to me about in south carolina, new hampshire and iowa. they want to see us tackle the debt ceiling problem. im not hearing the negativity. >> sean: we breakdown elects demographically. the youth vote, african-american vote, hispanic vote. when you look at new numbers, especially unemployment, you have young youth unemployment record highs. african-american community, record highs. wanted to give you an opportunity to respond and explain what you w...

ththis is your a.m. wake-up ca. ir ip im ali velshi fk . let us quickly eat our peas even though it is breakfast. we talk about the debate over the raising of the debt ceiling. if it were a movie, you could call it, dude, where is my compromise? the debate is getting testier and more partisan. president obama told cbs news if lawmakers dont have a deal in place by the august 2nd deadline, holder americans could feel it next month when the social security payments are due. >> i cannot g...

Range. >> really is an oversaturation of people that are experienced and people out of college that are eager. the big talker at the building behind you capitol hill behind you. we hear about job creation. does solving the debt and jobs go hand in hand or is there really a lack of focus on getting people back to work at this time? >> i would say more a lack of focus. theres a way they come together thats fundamental. im glad that you framed the question that way, thomas. you know, theres a lot o...

Mixing up two different problems. one is the debt ceiling problem, and the other is the question of long-term american debt. and when s&p came out with its warning, it didnt tie it to the debt ceiling, it talked about whether we, in fact, have a credible plan to deal with the deficits in the medium term and long term. that is serious, and the s&p is not the only group. look what pimco did in baling out of all its treasury bonds and warning that interest rates could easily go up in the next few m...

Through that debt ceiling problem more quickly. you have a lot of republicans now, including senator rubio in florida who just wrote this in "the wall street journal," who are not going to vote to raise the debt ceiling. so we could be groundhog day. it feels like groundhog day today because theyre saying the same thing they did yesterday, it could be the same thing when the debt ceiling crisis comes, that were feeling deja vu all over again. theyre hoping if theres a government shutdown now, th...

They can retire. >> if neither of the budgets proposed out there solves the debt problem, how is this going to be resolved? are we just going to keep kicking the can down the road? >> well keep kicking the can down the road until people think we have a grease-like situation. coming up at the end of april, early may well have the debt ceiling problem. the government will be about to borrow more money than its legally allowed to that will create a real debate which could bring in entitlements beca...

In motion. that was the theory. would it hold? >> do you see anything changing until we hit a government scene? >> i hope not. >> january 31st. bucks county, georgia. >> thats congressman paul brown. president obama had republicans like him when mind when he proposed the sec quester back in 2011. >> if we went back to the original intent of the constitution we wouldnt have a debt ceiling problem. >> people need to remember whit the sec quester is how it came about. that was over a fight over the...