Page 32 - December 3rd News Today

Only needs democratic support. they believe republicans should get behind this. but the problem here is senate majority leader chuck schumer is struggling with trying to figure how they are going to do this, whether they try to pass a clean debt ceiling increase bill, but take a listen to what he said yesterday during his weekly press conference on the issue. >> we want to get this done and get it done quickly without risk. the reconciliation process with debt limit goes back and forth, it ping-...

Bill would fund the government through december 3rd, but would not include a suspension of the debt limit. and in effect solving one problem but not the other. this as janet yellen warns that flirting, even flirting with the default could be catastrophic for the u.s. economy. >> this would be a manufactured crisis we imposed on this country, which has been going through a very difficult period is on the road to recovery and it would be a self-inflicted wound of enormous proportions. >> self-infl...

This morning. i want to start with you. government funding issue, i understand youve got some breaking news. >> our team reporting this morning that democrats are coming up with a plan to avert the short-term cliff, the one that comes tomorrow on government funding, but leaving that larger debt ceiling battle for later in the coming weeks. that debt ceiling doesnt run out until mid-october, but the plan that senate democrats are work shopping now around the senate is a short-term government fund...

Brian. but the highest and best use of their lets turn america into cuba reconciliation bill is to line the cages of americas parakeets and hamsters. i mean, it is spectacularly awful. it makes me -- it triggers my gag reflex. and the american people will figure it out. they are not going to like it. >> brian: yeah. they dont like being broke and we are $28 trillion overdrawn and we are paying the penalty. senator, thanks so much. >> you bet. >> brian: straight ahead, comedian adam carolla going...

0 up the coverage right now. >> good morning, its 9:00 a.m., im jose diaz-balart in for stephanie ruhle whos on assignment. a massive infrastructure vote, the pressure is on in the house and the senate. senate republicans standing their ground on the debt limit as a rift between democrats appears to grow even wider. also on the hill this morning, in 30 minutes defense secretary lloyd austin, general mark milley and general mckenzie will face another day of questions, this time from members of ...

Against the budget reconciliation package until the house passes the bipartisan infrastructure bill are now on board for a big spending bill. according to axios, theyre promising to vote for the $3.5 trillion budget reconciliation package. three days before a potential shutdown the senate will hold what will likely be a failed vote tonight on a house passed bill to fund the government through december 3rd. axios reports the backup plan would be a continuing clean resolution stripped of raising t...

Now due to expire december 3rd. taking two or three weeks wouldnt be entirely smart, but thats an option for them. then we get it to reconciliation and infrastructure. remember nancy pelosi over the weekend, she wants all three of those things passed together in this week, not in separate votes but all passed this week. thats a lot of legislating for a month, a quarter, or even a year. she wants to do it in a week. well see. that is the agenda for the house this week. >> yeah. lets stay with the...

Because, obviously, were not involved in any bipartisan discussion regarding the reckless taxing and spending legislation they have having apparently some challenges in putting together because of its comprehensive reach and because of its devastating impact on the american economy. so the debt ceiling will be raised as it always should be, but it will be raised by the democrats. >> republican minority leader senator mitch mcconnell continuing to vow no republicans will vote to increase the debt...

Welcome back to "way too early." its 5:30 on the east coast. 2:30 out west. im jonathan lemire. house democrats have passed a joint bill to fund the government and raise the debt ceiling. the extended government funding and delivery assistance act passed by a party line vote of 1220 to 211. no republicans voted for it. it will provide funding through december 3rd. congress has eight days to pass a bill for face a government shutdown. it raises nearly $7 billion to support afghan refugees but the...

Bill that will continue funding federal agencies through december 3rd, and avert the government shutdown that wouldve happened on october 1st. the bill will also suspend the debt ceiling through the end of 2022. suspending the debt ceiling is how the republican congress managed to avoid raising the debt ceiling during the trump presidency. the bill also provide 6.3 billion dollars for the resettlement of the afghan refugees and 28.6 billion dollars in disaster relief in the aftermath of two rece...