Page 8 - Debt Issue News Today

President noted that puerto rico has a debt and they defaulted on a lot of loans to begin with. they said they have to get rid of the debt and they pointed out dont take the presidents words and comments word for word. is there a missed message from the administration about what to do with that huge debt that the puerto ricans have? >> the debt issue is something we will have to keep in mind. my primary focus is ensuring what we can do in the meantime. life saving and key services restoration. i...

Disappointment here because the president did not really put a blueprint forward as to how to move on from this crisis. what is needed here are the supplies that the mayors office is actually organizing today. the food, the water, the baby diapers to be picked up by local churches and sent to the areas most in need here in puerto rico. and i asked the mayor, what solutions do you propose? she said, first of all, fema reimbursements needs to come through quicker. secondly, you really need the rel...

Cosmetic. talked about it, its striking to me when he does it, yes, this cosmetically doesnt look good about tom price and optics but very mindful of it with irma and harvey. aggressively so. somethings missing here and he looks less empathetic. brings up puerto rico, sits there, brings up the debt issue, for instance. >> what hes missing. the pictures did not arrive for a week. i knew immediately and recommended overwhelmingly go to catholic charities, google, get their money there. i knew what...

>> jennifer and kathryn are back with me now. you heard from the governor of puerto rico. they need help. they need congress to do something. is the white house doing enough? >> so far we havent seen all that much thats been made public at least. we know that tom bossert is on the ground with brock long of fema. as far as what weve heard from the president, its been very limited and been limited to just a handful of three tweets in the past 24 hours. >> let me pull those up. youre right. hes twe...

More money. mitchell, made this pitch for support today. >> three issues we need to address immediately, provide resources for hurricane harvey, hurricane irma, ensure the government remains funded and ensure that a default is prevented. thats what the legislation achieves, it achieves it all together in one package. >> the deal was struck in the oval office yesterday, president trump decided with the democrats on a three-month extension of the debt ceiling. republican leaders were hoping to add...

Popular with voters and kind of cool, id love to pay less tax, that hurts the governments rev move in which increases the debt which is not often as much of a problem for doechlts democrats republicans. republicans hate this. >> but republicans are looking for a victory and i think the debt issue is much less important to republicans than immediate tax relief. this issue is very popular among voters and among democrats, 65% of overall americans want tax reform and now. 70% of democrats would lik...

Thing but people dont know all the work weve made good to keep our promises. you are my employer, i work for you, my job as your employee is when running for office is to tell you who i am, what i believe, what are my values and principles and theolicies i work on. thats what im in the middle of executing right n in the house. like i said, go to did you know gop. youll see all the bills. more bills have passed in the first six months under the trump administration in the house than under clin...

The deficits. >> we do. >> neil: anything that compounds that is going to complicate that. republicans could be looking at another problem. what do you through? >> i dont think the debt issue in the short run is a real, real problem. the debt issue seven years from now is a real problem. if we dont get economic growth right now, we wont get that debt down as a -- >> neil: you cant grow your way out. >> yes, you cans that the only way -- >> neil: grow out of $23 trillion in debt? >> the only way ...

Not going to accept that and you have something dead on arrival. so the real challenge is going to be whether or not the president is serious about dealing with the debt issue and whether or not hes willing to call both republicans and democrats together to develop a comprehensive budget approach. >> theres been this letter from 120 four-star generals and admirals saying that taking away from the state department is making us less safe and i know jim mattis and how he feels about this and the re...

Whats going to happen if you are going to solve the debt issue. this makes that more urgent. people havent been talking about debt the way that they were four years"7 ago, three years ago. buff they need to be again. >> yeah. quickly. does this effect hillary clinton? is this a sign of good things for her? is it bad sign? >> i think it depends on what happens with the economy next year. i think if you have the interest rates start to creep up a bit and you dont see a measurable impact on the eco...