Sequester Budget Caps News Today

Ceiling by the end of this month. jack lew says if you dont do that, if congress doesnt pass this legislation it will cause enormous harm to the u.s. credit rating, to the overall u.s. economy. are you ready to vote in favor of raising the nations debt limit? >> well, the interesting thing is, in 2011 when we did raise the debt ceiling and added sequester budget caps, the s & p tried to downgrade it also. absolutely we should tie any increase in the debt ceiling to budgetary restraint and when t...

The one card that republicans have, that democrats desperately want to take from the republicans, is the sequester. i pray they dont give that away it because if you do, that spending is going to go right back through the roof again. >> to get a budget deal, the president has to take his demand for a tax increase off the table. you could trade the sequester budget caps on discretionary spending for entitlement reform. but the tax increase, nothing gets done. >> thats right. we used to say social...