Page 6 - Debt Increase News Today

Maybe just a giant marketing exercise. lets go through what donald trump said in the past. first of all used to support single pair. then going to repeal and replace with something terrific. official campaign position. parameters set out moving to more reality of governing position is keep popular provisions, preexisting conditions and kids under 26 stay on the plan and reiterated want to make sure everyone doesnt have coverage taken away. creates parameters that makes radical change difficult. ...

Crisis is not resolved. analysts say they believe it will be over soon. the potential over this debt increase could increase the risk of default. you mentioned, standard downgraded it to aa, plus in 2011, fitch still has the u.s. in aaa right now. lets remember the economy is in a fragile state. were not looking at a full housing recovery. we still have unemployment high. and the housing market just trying to come around the bend. the scary part is these interest rates that could go up. think ab...

Treasury jack lew on capitol hill saying interest rates could rise, mortgage ratesri 401(k)s could tumble. they want that out of the way to deal with the debate over how to reopen the government, what needs to be cut, what compromise worked out down the road. well get more clarity, we think, in a few minutes when jay carney goes to the podium at the white house briefing room but thats where things stand. the president will sign a short-term debt increase. what happens next, we dont know. >> than...

Negotiate prior, and then well give it. how does she know, bob? and if she doesnt know, why wouldnt she ask that question question? >> am i wrong or did obama say that was nonnegotiable? >> he also said he wouldnt vote for the debt increase. he changes his position on a lot of things. >> that was just -- >> you know, of course you say no in a negotiation up until the point that you say yes. and of course, on the individual mandate, that is actually -- if the glitches continue to be as bad and as...

Resolution, theyre saying we need to see a delay in obama care to see a delay in the debt increase. do they think thats going to happen? >> its a genuine belief, and whos in the corridors of the capitol every day, they are so frustrated because they started this defund repeal effort in the summer. they followed through now with a standoff and stalemate and theyre not yet ready to concede any ground. >> that gets me to whats been a strange evolution in the eight days of the shutdown. in the begin...

Need to see a delay in obama care to see a delay in the debt increase. do they understand that cant and will not happen or do they really think its going to happen? >> no. its a genuine belief, and whos in the corridors of the capitol every day, they are so frustrated because they started this defund repeal effort in the summer. they followed through now with a standoff and stalemate and theyre not yet ready to concede any ground. thats really john boehners dilem dilemma. how does he deal with p...

This is real. >> katie, speaker boehner, that is the leverage he has on the debt ceiling to try to make sure the united states could live more within its means, a good message for the republicans. what do you think of that? >> it is. i want to point out president obama talks for the first time in history defaulting our debt. the was the first president in our history that saw our credit rating downgraded and voted against the debt increase in 2006. when speaker boehner says we need negotiations ...

Including keystone, medical device tax, all of these things that are their political wish lish. how is this not about politics? >> its about the economy, about jobs. are we going to do something thats going to secure a better future for our children and grandchildren. the president is asking for a trillion dollars debt increase. so, you know, the bills are going to get paid. the debt holders are going to get paid, the important thing is when you do a debt limit increase, you take a look at whats...

Gets the country maybe a year down on the road on the debt ceiling. a year down the road on a budget. and sort of takes away the specter on the debt default on act 17th. maybe just a little movement there, maybe perhaps just a millimeter, but perhaps at least a sign of some conciliatory -- >> but, jim in terms of the insecurity that all of this has created, i mean, that is the classic kicking the can down the road, isnt it? >> that is kicking the can down the road, michael. but theyve been doing...

Republican-backed bill that would cut the federal budget and cap future spending and add a constitutional amendment requiring a balanced budget. it was of on erred during president obamas debt increase in 2011. passed the house and died in the senate. harry reid said this, quote, i think this piece of legislation is as weak and senseless than anything that has come on the senate floor. i will not waste the senates time day after day on this piece of legislation. this is a bad piece of legislatio...