Page 118 - Spending Problem News Today

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More raucus members of your caucus, right? this allows john boehner to sort of move forward, provide a spoke smoke screen for people that dont want to raise the debt ceiling and get on without tanking the u.s. economy, joy. >> yeah, absolutely. i think that is the most important thing. im with ryan on this. you always have to provide political cover. the republicans need to be able to run against barack obama as the tax and spend liberal who keeps plunging us into debt. this would allow them to ...

And failed to acknowledge what every family in america knows, when you have no more money in your account and your credit cards are maxed out, then the spending must stop. >> jamie: angela mcglowan is a fox news political analyst and mary anne marsh a democratic strategist, former advisor to john kerry. great to see you. >> great to see you. >> jamie: angela, now our taxes went up. anyone who opens up their paycheck knows for sure, what about spending, how critical is it at this juncture, still,...

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Washington with more on this. the nation is more than $16 trillion in debt. he is unwilling to negotiate with republican is setting the stage for another congressional battle. president obama says washington had to increase the debt ceiling in order to pay its bills. he singled out republican law americas warning them he will not negotiate on the matter adding brinkmanship would be absurd and irresponsible. >> raising the debt ceiling does not authorize us to spend more, all it does is say tha...