Page 21 - Debt Problem News Today

Debt problem. this was a chance to fix some part of it. we didnt do that. but at least both sides are talking right now. that is where we are. and the fact that vice president joe biden is involved tells me the president is serious about getting something done. >> when we spoke last week, you say it was more of a fight with the house than the senate and the president. you said the senate were acting like the house of lords. will that be an obstacle for you and your colleagues? >> well, i think s...

From the house. things can work quicker because of procedures but putting that aside its substantially the same package. it probably will pass here but i think its unfortunate that we missed an opportunity. old sides behind closed doors we do have a debt problem and this was an opportunity to fix at least part of it to take some steps forward and we didnt do it but at least the sides are talking right now. from where we were, that is glimmer of hope. the fact that vice president biden is involve...

>> i understand that. you say republicans wont go for it. theres another way if it happens. if house speaker boehner puts this on the floor of the house and passes, overwhelmingly with democratic votes, will he be removed? >> i dont think the speaker -- look, over the last several weeks youve seen our caucus very united, 230-some votes for all the bills ive talked about. i dont think youre going to see that happen. >> if he did it, what would happen to boehner? >> who knows? thats not even being...

So obviously you cant issue subpoenas, but you get answers faster on all these things, why isnt the majority party in the house just issue subpoenas and force these people to come, force these people to produce documents. why the drag on just getting information, however the cards may fall? >> i think its specific legal authority that they do not have in the house that we have in the finance committee. in the finance committee, when they found out things, we dont just hold a hearing, we ask for ...

Doing the things we need to do to change the fiscal trajectory of this country. this country has two problems. it has a growth problem, and it has a debt problem. theres a way of actually addressing those problems together, but it involves adopting some pro-growth policies, making hard decisions, doing things it like tax reform, which both encourages growth and can produce revenues that lower the debt. thats the stuff we should be working on. its a lot easier to work on those things when the deb...

And have a short term extension to january of next year of the debt limit, repeal or delay the medical device tax, introduce more flexibility for managers to deal with sequestration subject to congressional approval, and also make sure that theres income verification for the obama care insurance exchanges to prevent fraud. the president listened carefully. he said that some of the elements were issues we could work on but he certainly did not endorse it. there were many conversations on the long...

Senator susan collins was among the republican senators who just wrapped up an hour and a half, nearly two-hour meeting with president obama at the white house on the government shutdown raising the nations debt ceiling. if you just spoke to reporters as soon as she got back to capitol hill. listen to this. >> and also make sure that theres income verification for the obama care insurance exchanges to prevent fraud. the president listed carefully, he said that some of the elements were issues bu...

Hero of the year. hello, everyone. im don lemon. so glad you could join us. brookes off today. the government, still partially shut down. the debt ceiling still looming. and a temporary extension has not been agreed upon. at least not yet. republicans want the deal without ending the shutdown, and sources tell cnn a house vote on this deal could come as early as today. at any moment now. one phrase were hearing today that we havent heard, at least for the past 11 days, and probably longer than...

Increased, of those 27 involved changes that he did something to reduce the debt and the american people say if you are going to increase the debt limit do something to fix the debt. the president is trying to get people whipped up over this. hes completely dis engaengaged the problem. >> isnt it true that even if we didnt raise the debt ceiling we would pay off our let deaths and obligations? isnt it a lie? in other words we have money coming in to pay that. >> we get about $8 billion in every ...

Congressman, good morning. >> good morning, chris. >> the approval of congress, i dont know if you heard it, 5%. military families are going on local tv. they arent getting death benefits because of this shutdown. john mccain says we ought to be ashamed. is he right? >> well, he is correct because i think the government needs to function. and right now its not. youve got this tea party group that really doesnt believe in government and doesnt believe in folks working together to get compromise. ...