Page 3 - Spending Issue News Today

We begin tonight with breaking news straight from capitol hill. we are getting word that the white house and house republicans are getting closer to a deal to raise the debt ceiling. one week before the u.s. runs out of money. what do we know right now about where the deal stands between kevin mccarthy, house republicans and the white house? >> i think we should caveat by saying nothing has been agreed upon yet. nothing has been finalized. they are moving closer to a deal. we have seen progress ...

>> abby, i think we should caveat by saying nothing that we have -- nothing has been finalized. they are moving closer to a deal. we have seen some progress over the last few 12 hours, particularly on the spending issue. that is as something that has been really bedeviling the talks. but they started at least floating the idea of a potential compromise that both sides could try to claim as a win. one of the things they are discussing is raising the debt ceiling for two years, which would be long...

President shepherded. >> todd: kevin mccarthy says the white house is dug in on raising taxes and increasing spending. jonathan turley says using the 14th amendment would be a bandaid to the white houses larger spending issue. >> the question is raising the ceiling on debt is nothing to do with the 14th amendment. congress is honoring debt and willing to raise the ceiling for the debt, the white house has to negotiate the budget, that goes to the very function of the legislative branch and power...

They usually are. the interest payments on that debt are now $400 billion. we have all that spending of trillions of dollars during coed braid the biden presidency spent more billions resulted in the highest inflation anyone has experience in their lifetime. i think the american people are aware now the federal government is spending at in a normal space. as an opportunity for the republicans to make a principled argument about sitting down and negotiating about the spending issue. the democrats...

About that. tied to that spending issue, they have married it to the debt limit issue. in other words, what they seem to be saying is spending will be a lever and a shut down will be a potential remedy. theyre pretty clear about that. i imagine that is not going down well with everybody. >> its not. you know, theres always been a small group of conservative republicans, even in the senate, that have been open to a government shut down. i believe even now you had congress woman luna on earlier on...

Quit that spending issue today well get a fresh look at the labor market. experts predict unemployment staying at 3.7%. >> todd: she blamed people buying grills. tone deaf. how much california think reparations will co >> concluded black californians who ancestors were in the usz in the 19th century was due money. potential payout represent largest effort in recent history. final report is due out next year, it will be up to the state legislature what they do with that. >> carley: tell us about

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As the situation at the Ukraine-Russia border continues to escalate, Russian Charge daffaires in New Delhi on Wednesday said recognition of breakaway regions

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