Page 3 - Spending Reforms News Today

They dont feel like we should negotiate with our hostage. >> they dont feel like republicans or conservative colleagues, that we should negotiate with our hostage. he seems to be saying that republicans have taken the economy as a hostage. is that how you view it? >> no, i dont. look, we have done our work in the house. were the only body here in washington. this voted responsibly to raise the debt limit, and we wish that our senate colleagues would do the same. we wish that joe biden would have...

All of this points to positive signs, but its still important to remember, as americans are watching this, we have just a couple of weeks left until that projected default deadline in which so much could good wrong. we are already seeing signs of catastrophic impacts that could happen because of the threat of a default. republicans sticking to their guns, wanting spending reforms in conjunction with the deadly ceiling hike. president biden and democratic leadership, meanwhile, saying that republ...

Lee and other conservatives want Biden to agree to conditions before they’ll agree to raise the debt limit. Read more.

Caucus, the senate democratic cot, and the president have the exact same position, which is we should pass the debt ceiling clean. thats where were at. >> not where everybodys at, though. that was senate majority leader chuck schumer yesterday following president bidens meeting with house speaker kevin mccarthy this week on the debt ceiling. heres what mccarthy had to say. >> im very clear we will not pass a clean debt ceiling here without some form of spending reform. so therell never be a clea...

Trying to find a compromise, and both sides they they will not compromise, and some responses are more intellectually honest than others, but nonetheless, this is what kevin mccarthy said. >> i will not pass a clean slate, but in the end of the day, we will get spending reforms. >> how is this is going to be worked out? is the president going to have to give a little? >> the way these things are going to have to get worked out in the end is that we have to speak to one another, and that is what ...

About the debt ceiling in a separate discussion about ways to control spending. what do you think about that when you hear that, that they kind of want to separate those two? >> whichever way they want to talk about it, im very clear. we will not pass a clean debt ceiling here without some form of spending reform. so therell never be a clean one. at the end of the day, were going to get spending reforms. i believe you have to lift the debt ceiling. but you do not lift the debt ceiling without ch...

Negotiator. >> republican hardliners demand budget cuts. >> if he wants to take it to the brink then the fault and blame lies on the president. >> any debt ceiling has to increase cuts and the idea that the sky is falling is really just an empty threat. >> you dont just get the ability to expand the credit cards without having the necessary spending reforms. >> this is a revival of a tactic in the obama administration with to be fair nearly disastrous consequences for the nation. do you think th...

Legislation, has spent the money, spending the money, why not take care of it and have a conversation that most americans would agree is necessary? >>ed reason you dont separate the two, the only reason youre hitting the debt ceiling this fast is because of the reckless spending. so if you increase the allotment, you should address your spending habits. my career was 17 years in the financial industry. my first stop was as an anchor and decide we were going to lend money to small businesses. you...

In the majority in 2025. >> this has been a victory for the 20 holdouts. its been a victory for the house freedom caucus, for those who are probably more on the extremes, no? >> yeah, and i think some of the things being discussed open votes on the floor, going out for an amendment. most americans look at that and say whats wrong with that? whats wrong with having 72 hours to look at a bill, whats wrong with these spending reforms? i dont think theyre all that radical. now, placing and changing ...

Vote? >> you know, im quite disappointed with the agreement that came out of the senate. in recent history any kind of debt limit increase has always had some kind of spending reforms. this bill does not. i will be voting no on it, i will be encouraging my colleagues in the house voting no on it. we have a -- right now. before we allow an increase in the debt limit, we need to have spending reform. the last thing we needed to do is to give a larger runway for democrats to continue to spend trill...