Spending Ceiling News Today

to pay the bills. they will need to reach a deal with the new house republican majority by early june. otherwise, the u.s. will default on debt payments for the first time ever. at the white house yesterday, president kateri discussed a potential meeting between the president and speaker mccarthy. >> the president is looking forward to meeting with speaker mccarthy. we have been very clear about where we stand when it comes to the debt ceiling. i have been clear, the president has been...

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>> the important thing to remember is that america must never default on its debt. they never have aaron never will. >> what do you make of what republicans outside of the house are saying about this debt ceiling? >> look, this is not theoretical. in the united states, the dollar is the default currency in the world. if we default on our debt, this would be a disaster. it is a simple test here. how did vladimir putin like the republicans to vote? there is nothing that would make him more happy t...

Approach. i think corporations should be paying a minimum if youre doing business in the united states. everyone that has the protection of this country should be paying. >> gop senator mitt romney says the rich would hide their assets and shelf money abroad. manchin met with president biden and chuck schumer in delaware over the weekend. manchin says the spending ceiling for him is $1.5 trillion. thats why so many programs likes environmental provisions and beefed up healthcare are out. charles...

We need to get a spending ceiling for the next two years because were not likely to get a final budget out of a democratic senate and a republican house. we need to know how much were going to spend the next two years, and that needs to be on a declining basis. then we need to do something mid-term, that is within what we call the budget window, within the next few years, both on 9 discretionary side and the mandatory side. and the mandatory side means entitlements. and we also need to do someth...

You it would take to get my vote. we need to do something about the short term. we need to get a spending ceiling for the next two years because were not likely to get a final budget out of a democratic senate and a republican house. we need to know how much were going to spend the next two years, and that needs to be on a declining basis. then we need to do something mid-term, that is, within what we call the budget window, within the next few years, both on the discretionary side and the manda...

budget cuts before he agrees to raising the debt ceiling. and then theres the democrat-controlled senate. >> we shouldnt be drawing lines in the sand. we should be willing to work together. >> treasury secretary tim geithner says the u.s. could hit its $14.3 trillion debt limit tomorrow but he can keep the country out of default until august. so there is time. what they really lack on capitol hill is common ground. today -- republican risk, reward and rhetoric with senate republica...

money, there will be no increase in the debt limit. >> boehner wants $2 trillion in budget cuts before he agrees to raising the debt ceiling. and then theres the democrat-controlled senate. >> we shouldnt be drawing lines in the sand. we should be willing to work together. >> treasury secretary tim geithner says the u.s. could hit its $14.3 trillion debt limit tomorrow but he can keep the country out of default until august. so there is time. what they really lack on capitol hill is ...

When are you going to throw your hat in the ring? >> we have an exploratory committee up and running and will make the announcement within the next thirty days, soon. >> martha: what are you basing it on? >> we are traveling the country, testing the waters in terms of raising money and gaining support that is going well, so the signs look positive. >> martha: lets talk about in debt. the president met with mitch mcconnell and others today trying to deal with whether or not they are going to rais...

When are you going to throw your hat in the ring? >> we have an exploratory committee up and running and will make the announcement within the next thirty days, soon. >> martha: what are you basing it on? >> we are traveling the country, testing the waters in terms of raising money and gaining support that is going well, so the signs look positive. >> martha: lets talk about in debt. the president met with mitch mcconnell and others today trying to deal with whether or not they are going to rais...