Page 36 - Debt Problem News Today

For one dollar for debt limit increase. you balance the budge net 10 years without raising taxes. the republicans arent giving this up any time and neither are democrats. megyn: do you see irony that the president wants to eliminate congress from raising the debt limit. when he was a senator he said in part we are debating raising a debt limit and he said this is a sign of leadership failure. increasing americas debt weakens us domestically and internationally. washington is shifting the burden ...

You see progress? you noted where the president stood the line and been loyal to the words he offered to the american public upon re-election, but as far as these negotiations are concerned, where is the progress? >> well, i think republican voices are being raised. even lindsey graham over in the senate and in the house, youre seeing the congressman speak out from ohio. though hes leaving, he sees a path forward to an agreement. i think we need 218 to pass a measure in the house, and i think we...

That. >> you could make this argument on capitol hill, but when youre at grover norquists meeting and talking to conservative house members, theyre not able to go back to their districts and make some convoluted argument on rates. >> they wont have to vote for it. theyll never vote for it. >> you need to find the tom cole caucus. >> thats right. >> i will say just strategically -- and man, i was in one of those districts where you didnt want to vote to raise taxes on anybody. go home. you wouldn...

That said we are willing to bring in revenue and not willing to bring in rates. we have could solve this in a week. its not that tough. but we need that conceptual break through. >> we have a debt problem out of control. we have to cut spending. i believe we can put revenue on the table. revenues on the table will come from guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more, more of their money to the federal government without raising tax ...

Congress owes it to the american people to tell them. >>eric: congressman, america has always been about hard working people earning, creating jobs, creating opportunity, passing a better life on to the next generation, to their kids, i dont know, at some point maybe you say it is time to man up, go over the fiscal cliff, and see what happens, fix the debt problem and maybe things will be better, maybe 10 or 15 years down the road, but maybe that is the responsible thing to do. >>guest: i was wi...

The fiscal cliff happen. they might try to separate out any changes to entitlements such as medicare, which the president agreed to consider and many on the left vigorously opposed. >> the thing that is driving the horrendous deficit and debt problem are the federal healthcare programs. medicare, medicaid, tri care and related medical health programs. >> future deficits only make tax cuts even more contentious. any bill that permanently increases the deficit requires 60 votes in the senate. and ...

Over and do what i ask. we need to find common ground and we need to find it quickly. >> and again, because you kind of didnt answer it the first time, what are the chances we are going to go over the cliff? >> theres clearly a chance. but im going to tell you, i might be an easy guy to get along with, affable, obviously ive worked in a bipartisan way on a number of agreements, but im going to tell you one thing, chris, im determined to solve our debt problem. we have a serious spending problem ...

We need to find common ground and we need to find it quickly. >> and again, because you kind of didnt answer it the first time, what are the chances we are going to go over the cliff? >> theres clearly a chance. but im going to tell you, i might be an easy guy to get along with, affable, obviously ive worked in a bipartisan way on a numbe but im going to tell you one thing, chris, im determined to solve our debt problem. we have a serious spending problem and it is going to be dealt with. >> and...

Go over the cliff? >> i dont want any part of going over the cliff. im going to do everything i can to avert that. >> but? >> we are going to solve americas debt problem. >> speaker boehner, on that happy note, thanks for talking with us. >> thank you. thank you. >> up next, we will bring in our sunday group. where do they think negotiations stand? and will there be a deal before we reach that cliff? ive b b b b the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50...

We need to find common ground and we need to find it quickly. >> and again, because you kind of didnt answer it the first time, what are the chances we are going to go over the cliff? >> theres clearly a chance. but im going to tell you, i might be an easy guy to get along with, affable, obviously ive worked in a bipartisan way on a number of agreements, but im going to tell you one thing, chris, im determined to solve our debt problem. we have a serious spending problem and it is going to be de...