Page 2 - Deficit Ceiling News Today

They had to watch for money every six months and thats what theyre doing it. thats what the united states did. so that go ahead by 2012 and that involves raising the deficit ceiling. how much money we can borrow. so paul ryan has been extremely busy and joining us in seven minutes and hell be giving us details on the $100 billion of cost cutting that hes going to be submitting going forward for this year. put forward on march 5th. it doesnt seem like the president is going to be embracing this. ...

Wanted to position himself last night as the compromise guy but i think he is doing that because he knows there is going to be a confrontation down the road. the republicans, especially, the new republicans that were elected last year who are in the house now have made it clear they want to have a showdown with the president over spending, over the deficit, whether it is the issue of the deficit ceiling or the issue of funding for health care, perhaps funding for social security and medicare and...

With fights over the deficit ceiling, a government shut down looming. john boehner quit a few weeks ago. the man who many thought would be nominated for the job quit last week, another shocker. and now a third congressman who seems to have a majority of house members behind him says hes just not sure. or maybe he knows and we just dont know it yet. drama. weve learned everyone from friends of the house to former presidential candidate mitt romney have reached out to congressman ryan. but not eve...

Households making $250,000 or less, its $150 billion added to the deficit. its $850 billion if you extend them for all earners. the question is again, is there going to be a day when these are allowed to expire, when the idea of an impermanent tax cut seems to be political kryptonite? or the idea of ending a tax cut and whatever expires. >> yeah, i think that thats up for grabs. i do think this is a very, very smart pivot, though, off the jobs situation. getting out in front of this issue now is...

My job as president is to make this economy better. but you know what, ed, it comes down to this real simple. three years ago, rush limbaugh said this, he summed it up when he said i hope obama fails and behind him came mitch mcconnell, he said basically the same thing. i hope he fails in health care, i hope he fails getting bin ladin. i hope he fails working out a budget and solving the deficit ceiling. theyre out to make him fail. he did what an adult should do, said im going to go forward. >>...

To show we are serious about cutting the deficit. he would also like us to carry the nation through the 2012 election, but today the white house chief of staff was asked about the two-stage or two-tier plan. here is how he responded. >> if there are two steps fine, but do not of a step in the second part that lets the political system show us dysfunction. get this deficit ceiling put off perhaps after the election but more importantly putting that off and giving certainty and lifting the cloud o...

Away for dominique strauss-khan. a top investigator tells "the new york post" charges against the former imf chief could be dropped any time now. he faces charges for raping a new york hotel maid but her credibility has come into question in recent days. the investigator says dismissal is a certainty. his next appearance in court more than two weeks away. what better way to end a patriotic weekend than with fireworks? here in new york city, the spectacular display lit up the sky over the hudson ...