Page 7 - Debt Limits News Today

( ♪ ) shh! whats in your wallet? man: shh-h-h! >> jason: president trump signed a bipartisan budget deal into law this morning that ended another brief government shutdown. not everybody is thrilled. many conservatives oppose the budget which will put the nation back on track for annual deficits of more than $1 trillion. for the first time since obamas first term. it also increases spending caps by $300 billion and suspends debt limits until march of 2019. in a series of tweets today the presi...

For mitch mcconnell eventually to change the rules so they can get some things done. >> bret: take a look at this list, the spending bill. the january 19th i mentioned. if you have legislative fix for daca. infrastructure plan that is being talked about. welfare reform, and obviously all has to be done -- or the present wanted to be done before the midterm elections. >> i would look at the republican agenda in 2183 different ways. the first weight is the must pass legislation were talking about,...

Amazed at what they just witnessed. >> right. it reflects the long-standing relationship -- >> both new yorkers, right. culturally identify. >> i do think there is another angle to say, you know, i think donald trump is sending a message to republicans. look, you cant get the obamacare replacement done. these will be the consequences. if you cant get something done, well work with the other side. >> he is saying i told you if you elected me, ill do the best deals. >> hell argue this is a great d...

Shape as congress prepares to return to weather trm after a five-week summer recess. lawmakers squaring off over the budget and its not democrats versus republicans only, its the gop waging war against itself. specifically and most immediately, republicans are clashing over harvey relief and raising the debt limit to avert a catastrophic first-ever default. republican congresswoman claudia ten knee of new york. i know youve heard what treasury secretary steve mnuchin has said. he wants to attach...

October, november. its less important, really, what the voters necessarily think in these next couple of months because this is a sort of washington period where theres the continuing resolution debate, the debt limits debate as well. and then all this new spending with disaster relief. but then if nothing happens, or if things go poorly as they have for the presidents legislative agenda, then 2018 rolls around, and election rolls around. i think thats a moment where voters can turn very quickly...

Individual mandates, the get something in return. but i think its inevitable that since, you know, republicans controlled capitol hill, they want to get blamed if these exchanges go up in flames played >> chris: olivier, lets take a look at the rest of this to-do list. youve got the budget, debt limit, tax reform, where are we under all of that when they come back? >> we are in a bit of a mess. they need to fund the government. the end of the fiscal year is coming up. >> chris: december 30th. >>...

Individual mandates, the get something in return. but i think its inevitable that since, you know, republicans controlled capitol hill, they want to get blamed if these exchanges go up in flames played >> chris: olivier, lets take a look at the rest of this to-do list. youve got the budget, debt limit, tax reform, where are we under all of that when they come back? >> we are in a bit of a mess. they need to fund the government. the end of the fiscal year is coming up. >> chris: december 30th. >>...

>> i would provide the kind of leadership that says get on the stick, guys, and stop messing around. and cut where you are need to cut because were not raising any spending limits period. >> im going to try one more time, sir. this is debt thats already obligated. would you not favor increasing the debt limits to pay the debts already incurred? >> what im saying is what we have to do is restructure the way that we create that. if we continue along this, where does it stop? it never stops. >> kai...

Look, were going to uninstall this fire alarm that congress 100 years ago put in our nation -- >> thats what you believe it is. thats why you think congress should keep this power? >> exactly. we borrowed $17 trillion of debt, a year ago we set the firearm alarm, should we do something to change course? and deeming the debt limit pass, or passing clean debt limits does a disservice to the american people and not forcing the conversation about what were going to do about a nations fiscal house th...

Will hurt the -- >> the president says i dont negotiate, that doesnt poll well either. [ overlapping speakers ] >> both things are true. its not the right thing to do. if i was advising president obama, and of course he wont listen to me, i would say, you know what, call their bluff. sit with them. say, lets negotiate. hes saying, im ready to talk to them and see what they want afterwards. well, whats the difference between afterwards or, you know, theres nothing wrong with negotiation. >> yes, ...