Deficit Ceiling News Today

possession, and i -- i remain confident that that was done in a thorough and careful way. >> uh-oh. now -- its mike pence. and his lawyers. >> got to be hard. i said it cant be that hard. >> its hard. >> cant anybody play this game? what youve got to be asking. >> well -- mike pences lawyers are explaining how classified material ended up at the former vice presidents home. more on the timeline and the response from pences team in just a moment. also ahead -- speaker kevin mccarthy aga...

And hell do everything he can on that front. did say that its just a matter of time that other rates go up for the rich, et cetera. what do you think? >> well, you have to realize the corporate tax rate was changed pretty dramatically from 35% down to 21. that was a big jump that even republicans went, thats a little aggressive. the rate theyre talking about is between 25 and 28%. which is a little more palatable. we have a, by 2020, $1 trillion deficit, nothing to sniff at. issues that are goin...

Job creation and tax cuts. so what is your answer back? >> paul ryan was bragging about getting a dollar 50 a week while her company is getting billions of dollars in tax breaks. >> harris: im not going to argue about paul ryans tweets, but seriously, americans are feeling this. when you look at the job creations, the president was just in ohio yesterday and you got 200,000 jobs in manufacturing. >> that is great but if you have policies that are going to keep that going. the problem is, this ad...

Was about cooperation. so i think were just going to learn more and more as different pieces come forward. there are a lot of very nervous people in the trump administration including donald trump. and that is why he was so upset about the appointment of the special prosecutor. >> and what is your biggest concern about what the republicans have in store especially the senate version of the tax reform? >> well, so there was a republican caucus meeting this morning to go over the details. all that...

Are on pace with the calendar. they have to get this done before seven august. they really need to get this done before november. they shifted too much distraction, disconnection, even dysfunction in terms of the political system. theyre going to have to move faster. the g.o.p. is going to have to reunite on the issue and the deficit ceiling probably before a lot of the stuff gets done. there is peak division between defense spending in the g.o.p. they have a lot on their plate to get all three ...

Him in 2011. the american majority has said it wants a government that cares more about making things better than making itself smaller. do you agree this is an opportunity for president obama to move his agenda forward or is there a risk that much have asserted of overplaying your hand? >> i think president obama has said he wants too teach the republicans a lesson and wants to end this time when republicans believe they can use the shutdowns and use the deficit ceiling as a way of negotiating ...

Metaphorically. the deficit ceiling is what it is. unless you want that brought back in your face then you need to be more flexible on obama-care. bill: what is your sense about how united republicans are? are there any breaks in the ranks? any cracks in that armor? >> when you have seen on the floor the entire republican party vote together in the house, thats pretty encouraging. there are always disagreements. there are disagreements in my family when you love each other you can have disagreem...

Americans. if you are serious about deficit reduction, you should couple the two things together. >> every time i hear talk about serious about handling our deficit, the first thing i think of is that everyone -- republicans and democrats, i realize your party doesnt run the house right now, but everybody has gone off and is looking forward lame duck to handle things like the deficit ceiling, all the bush tax cuts and those issues, lame duck, after the election. if everyones so serious about han...

For the wealthiest americans. if youre serious about debt reduction, you should do what every bi-partisan commission has recommended and couple those things together. >> every time i here talk about -- hear talk about handling the deficit, the first thing i think of is everyone, republicans and democrats, i realize your party doesnt run the house right now, but everybody has gone off and is looking towards lame duck to handle things like the deficit ceiling, all the bush tax cuts, all those sort...

Cutting spending the way this deal does. >> two things. i dont like the defense department being short shrift. i dont like the people who need medicare being short sheeted. and in august, the deficit ceiling fight when the white house and the house and the senate couldnt -- >> i know what -- >> yeah. >> if we cant hit our targets, we need to come up with a new way to find savings. how about cutting congressional pay 10%? how about making all of us suffer, not just the medicare people and the dep...