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July 25, 2011
ive never taken my last offer off the table. and theyve never agreed to my last offer. >> boehner says house legislation needs to be posted on-line today and voted on on wednesday if they want to raise the debt ceiling by the august 22nd deadline. timothy geithner is the guy who might not have the money to pay the countrys bills on time. heres what he told cnns candy crowley on "state of the union." >> what we cannot do, this is very important, it would be irresponsible, is to leave th...
July 20, 2011
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 ...
July 18, 2011
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...
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