Page 33 - Spending Caps News Today

So the reality is if you dont talk about medicare, medicaid, social security and defense, you are left with very little to actually cut. how do we deal with this? >> ali, everything has to be on the table. social insurance reforms, defense and spending, comprehensive tax reform raising more revenue among other things. heres what we need to do. we needless government consumption spending, more targeted investment, renewed innovation and partnership with the private sector. in addition to that, we...

Freddie, chrysler, gm and we dont have money to bail out the european countries. were running record deficits ourself, were borrowing 43 cents on the dollar to were going to continue to borrow from china to bail out european countries? >> neil: were doing it through international lending agencies, imf and world bank, of which were premiere members, but its not as if its a direct hit but youre saying regardless, stop it. >> i would like to see the european union that was organized to be an econom...

The matter is abc news paying for material which is also paying for her defense. >> she filed a financial statement claiming she has no funds, that she cannot afford her attorneys and therefore we like to pride ourselves as being a civilized nation. so in cases where criminal charges are brought, we provide counsel if you cannot afford one. lets understand something. a novel concept. shes innocent until proven guilty and in thisser particular case theyre looking to terminate her life. first-degr...

Democrats and republicans on board. there is no daca in this package. if this will get to the senate probably sometime tomorrow and then it goes to the house of representatives, where the fate is a little less clear. the problem, even though there are those of non-defense spending increases in the bill, is no daca. this is an issue that is near and dear to liberals in the house of representatives and the problem is that liberals in the house are going to have to make up the difference from repub...

Members voted for this bill in the end of the day. so really, a kind of confused night on capitol hill as they funded the government and kept it open. >> for republicans, for conservatives, weve gotten so used to electing republican presidents with republican congresss. and watching them vote for things that republicans are not supposed to believe in. certainly that conservatives arent supposed to believe in. we did it with george w. bush who took $155 surplus, turned it into a $1 trillion defic...

Latest updates on this topic.

All night long and joins us from statuary hall with the latest developments. how are you feeling? >> i feel great, ready to go. heather: what were his main arguments. >> they are raising the spending caps. you might remember when they raise the debt ceiling in 2011. the deal was they imposed the sequestration spending defense and non-defense program so here we are 7 years down the road and part of this bill suspends the debt ceiling through much of 2019 and they are lifting the spending caps. th...

Latest updates on this topic.

We begin with chief congressional correspondent mike emanuel on capitol hill with the latest on the efforts to pass the budget deal to keep the government open. >> good evening. the senate is in a bit of a holding pattern as kentucky senator rand paul is on the senate floor this hour protesting the budget agreement, breaking existing spending caps. a bit of an effort a moment ago by majority leader mitch mcconnell and senate democratic leader chuck schumer to see if senator paul would move thing...

Was never going to get and part of the negotiation for the deal and a lot of members knew it was the responsible thing to do. >> bill: thats done. peter doocy is live on the hill and didnt sleep all night im certain of that. good morning. >> good morning, bill. senator rand paul says he would have stopped objecting to this spending bill long before the midnight shutdown deadline if mitch mcconnell would have allowed a vote on the senate floor on spending caps. basically that would limit spending...