Reporting on the life and career of Robert Mueller. Washington journal is next. Host the flag halfstaff today in honor of john paul stevens. Democrats and the white house reached a budget deal allowing the government to borrow beyond current limits, green lighting additional spending in the coming years. As we take you through what that means for the fiscal house, we spend the first hour hearing about your personal fiscal house. Give us a call and tell us how much debt you carry and how concerned you are about it. Phone numbers different this morning. If you carry no debt, 202 748 8000. If you carry below 50,000 in debt, 202 7488001. Andou carry between 50,000 100,000 in debt, 202 7488002 , and if you are over 100,000 in debt, 202 7488003. Catch up with us on social media, on twitter cspanwj and on facebook at facebook. Com cspa n. Good Tuesday Morning to you. Start calling in. Let us know how much debt you have. We will give you a sense of the overall personal debt facing american families. These numbers according to experian, the credit reporting totaled 2018, americans 9. 4 trillion in mortgage debt, the total combined Student Loan Debt in america last year, 1. 3 trillion. 1. 2 trillion in auto loans. 834 billion in total Credit Card Debt. 291 billion in personal loan debt. Not all americans carry all those different kinds of debt. This from lending tree, their report from last year, for those americans who carry mortgage 213,700,average is for those carrying Student Loan Debt, the average was 36,500. 10,100, the average auto loan debt. The average Credit Card Debt per consumer, 5,800. The average personal loan debt, 7,200. Those numbers from mortgage lending tree. Personal debt numbers from 2018 from northwest mutual, the Financial Services company, the average debt total in this country, 38,000. 50 to10 americans spent 100 of monthly income on debt repayment. More numbers for you in this segment of the washington journal about american loan debt. We want to hear from you about how much you carry in your family, the phone numbers, 202 7488000 if you carry no debt. Carry7488001 if you below 50,000 in debt. 202 7488002 if you carry between 50,000 and 100,000 in debt. 3, four over0 100,000 in debt. William, out of west babylon, new york, under 50,000 in debt. Go ahead. Caller thank you. From my daughters student loan. 4000. I am trying to help her out. I was a 9 11 first responder. I hope they send the boat my way. I am struggling. Im in good shape financially but a lot of the other guys are not doing so good. They need this vote to go. Thank you for your patience and taking my call. Host on that 9 11 First Responders bill getting voted on in the senate today, and we will talk about that later in the program, are you one of those folks who have contacted members of congress about it . We have seen a big lobby on capitol hill. Caller i have. I am not like jon stewart but have underlying issues. Copd, sleep apnea. Ptsd. Not a day goes by i dont think about it. Host what would that bill mean for you, william . Caller what is that . Host what would that mean for you personally . Caller a little more money for me but the government took good care of me, Social Security, disability, workmens comp. , i was on the first lawsuit against port authority. I am looking out more for the other guys who really need it, the guys who did not get onto the volunteer fund. I am good for life, put it that way. I am looking more for the other guys. That is my advocate. I dont need anything. I would rather them take it. Host thank you for the call. That bill in the senate today, more about that. Jeremy up next from philly on the line for those who carry over 100,000 in debt, tell us about your situation. Caller good morning. Debt of combined 150,000. 130,000 of that is Student Loans. 30,000 of that is Credit Card Debt. I had to go into debt to go to school. I did not go to an expensive school, however, i did have to withdraw at one point, so in order to graduate, i had to take additional semester of school which contributed to that and then two years after graduation i became unemployed. The only way i could sustain my life was by going into Credit Card Debt and ruining my score. It is unfair that things like your health and your economic status can put you into debt when you may not necessarily want to go into that debt. Host what is your monthly student loan payment like . Caller of course. Aret now, my private loans 720 per month. It isy federal loans, 300 per month, however, they adjust that according to my gross income. When i try to explain to them that is not how much i am taking home, they say, this is how much you get paid before taxes and base my income driven repayments on that and not how much i take home at the end of the month . Host what kind of school did you go to and what did you study . Caller temple university, a Public School in philadelphia. I studied political science. Host thanks. Some numbers on Student Loan Debt in this country. Typical Monthly Payments for month,round 200 300 a 1 5 of borrowers who attended a private, for profit schools are behind on payments. Those who attended public, 8 behind on payments and those who attended private, notforprofit schools, 5 behind on payments, from the Federal Reserve. A couple of callers bringing up Student Loans as the major issue. Maryland on the line for no debt, go ahead. Iller i wanted to share, recently paid off my mortgage, quite excited about that. It is possible to have no debt. Host how is it possible for you . How did you make it possible . Spend below my means and not beyond my seems. And delay gratification. You know. Your mortgage debt was your biggest debt. Do you carry credit card it or did you Credit Card Debt . Caller i use my credit card like cash. Lock on ant, i had a line of credit and decided not to carry that anymore after taking care of some things in my own and i have a credit card balance, not a balance, but a high limit, i could use if needed, but i would use it like cash. Host thanks. Laurel, maryland. Keep calling in. Phone line split up by how much debt you have. We want to hear from you in this first hour of the washington journal. We are having this conversation a day after a key deal reached between congressional leaders and the white house when it comes to budget and spending in the future. For more on that we turn to jennifer of cq roll call, appropriations and budget reporter. Thank you for joining us this morning. Ceiling andthe debt budget caps are being tied together here in this key deal . Guest tying together spending caps and the debt limit extension is something pretty common for congress throughout the past couple decades. It is something that helps to move both vehicles in terms of the vote count and gives each side, to a certain degree, leverage in negotiations. Host what was the deal that came together yesterday and what is the status Going Forward . Guest the debt limit, technically expired march 1, the Treasury Department has been using astern ore measures to continue paying the government bills, the government will be 2021 andthrough july, there will be increases for defense spending as well as nondefense spending in fiscal years 2020 21. The important thing to remember is without this deal, 2011 deficit reduction act would have required congress to cut billion by 125 upcoming fiscal year, which members of both parties did not want to happen. This deal is bipartisan. Host how much more are they going to be spending . Guest total defense spending including overseas operations, sometimes referred to as war funds, 716 billion current fiscal year 2019, that will increase to 738 billion fiscal 2020 and 740. 5 billion in fiscal 2021. Nondefense discretionary nexting, including oco fiscal year for census, that will sorry, i just lost my numbers. Host that is totally fine. As we talked about in recent weeks, we also talked about the idea of possible offset of additional spending. Did any of those happen in this deal . Guest yes. Sorry about that. Nondefense spending total from 605 billion Current School 2020, 632 billion fiscal 634. 5 billion, fiscal 2101. Congress three times prior has reached two years spending cap agreements to avoid sequestration cuts, 2011 reduction act, offsets have always been a part of this. Sounds like the debate was more tense during negotiations than it has in past. The administration wanted to get 150 billion in offsets and landed 77 billion. Those seem to be bipartisan. We are not concerned about that. Host is this a done deal . What is the schedule Going Forward to make sure this passes the house and senate and makes it to the president . Guest the house reprised the text before midnight last night and has a 72 hour rule. Democrats put that in place when they came into power in the house in january. Chambers should have at least 72 hours to review voets. The house the house is expected to be friday for the august recess. When the senate takes up the legislation, it is more up in the air. That will depend on the timing of the house. The senates index week before leaving for the august recess. They have plenty of time to vote. Host before you go, what is the snagp plan if this hits a in the short timeframe we have before the house and senate leave town . Guest i dont think there is a backup. The president came out on twitter yesterday and seemed supportive. It seems like it has enough votes in the house and senate to pass. D has publicly said he would sign. He has publicly said he would sign. It seems to go smoothly. Levels areending financial law, Appropriations Committees will get to begin texton final legislative for 12 appropriations bills. Another important thing to note, this agreement is just setting spending levels. Now the Appropriations Committee, and congressional leaders, need to work out all 12 of the bills and the somewhat contentious issues in that legislation, because of course, if they are not passed on time, or if there is not the stopgap spending bill, there would be a partial government stepped do government shutdown. Host not over yet. You can see jennifers reporting at roll call. Com. We will check in down the road. Guest thank you for having me. Host mentioning the president s tweets about the deal coming together yesterday. Here they are. I am pleased to announce a deal has been struck with the Senate Majority leader and Senate Minority leader, speaker of the house, House Minority leader with no poison pills. This was a real compromise in order to give a big victory to our military and our vets. Nancy pelosi calling it a bipartisan agreement that will enhance National Security and invest in middleclass priorities that help wellbeing of the American People. In that statement she says democrats are pleased to secure robust funding for critical priorities in this agreement. Democrats have always increased in parity between defense and nondefense and we are pleased that this exceeds by 10 billion over the next two years, meaning democrat secured an increase for domestic priorities since President Trump took office. Nancy pelosi with her statement yesterday. Federall coming amid a debt picture that looks like this. This is from u. S. Debt clock. 22current National Debt, trillion. And counting. The debt per u. S. Citizen comes taxpayer,000 per 183,000, the federal fiscal picture. In this first hour of the washington journal, we are asking about your personal fiscal picture. We want to know how much debt you have. We have split up our phone lines by amount of debt. If you carry no debt, 202 748 8000. Below 50,000 in debt, 202 7488001. 100,000 in000 and debt, 202 7488002. Over 100,000 in debt, 202 7488003. We want to know what the debt picture looks like, how concerned you are about it. Marvin is waiting in pueblo, colorado on the line for those over 100,000 in debt. Thank you for waiting. Caller youre welcome. Thanks for cspan. Host what is the debt mostly from . Caller mortgages. Three mortgages. I would like to pull off a corporate operation with one payment. Wouldnt that be nice . That dont happen. Host how long have you carry the mortgages . Caller they are material mortgages. 10 years, 15 years. They were all 30 year mortgages. They are all 15 years old. Im beginning to pay off some of the principal, thank god. If i could bundle them, i could get a better rate and have one payment, wouldnt that be nice . Host do you consider these your investments . Caller of course. My house that i live in is one primary investment. It appraises, 150,000. I o 45,000 on. Of apartments i own, four them are paid for but the other four i o mortgages on and that as 70,000 left on it. Three bedroom house, small mortgage on it, 45,000, and it is a rental property. Host as someone who carries three mortgages, what are your thoughts on the federal government carrying 22 trillion in National Debt and counting . Caller absolutely outrageous, never before in my life have i seen a president giveaway 1 million, i mean, 1 trillion, lets be real, during a good recovery. My god. President barack obama inherited a catastrophe. Wall street was going down. We were losing 800,000 jobs a month when obama took office. This guy inherited a long recovery. Everything was rolling good. He cannot take credit for this economy. That is that. Plain and simple for average folks like me that have common sense. All you have to do is have common horse sense to figure out the things being said and done in america today. We are all americans. Not democrats, not republicans, not independents. We are all americans. Host marvin in pueblo. This is gabrielle in clayton, North Carolina. Caller good morning. Have a considerable amount of debt. The amount is not through credit cards or a mortgage, which i wish was the case, it is through Student Loans as well. I am a millenial. I want to quantify that. I am a military millenial. There is a difference. Tendency, for us in the Younger Generation, there is a lot of explaining happening in the millenial generation. Military millennials dont have that same concept. We have been at war longer than anyone else. My debt is all related to school. It is hard. I hear people like marvin, god bless him, but, his generation had a lot different. Those people were given opportunities that i dont think we have as young people anymore. It is sad to say that. It is really the truth. A lot of it comes down to the laws in place that disenfranchise and make it much harder for people to get ahead. Schools used to not cost that much when the Carter Administration had made a focus on making school debt not an issue. That used to cost 500 a semester to go to college. Year00 to go for an entire at most universities. At my university it is 56,000 a year. Host do you mind saying which university . Caller Duke University school of medicine. Host you are a military millenial. How long did you serve . Caller eight years. Host does the g. I. Bill help you . But it paid for my undergrad, which was helpful then middle scho with medical school, dont get me wrong, it was great, but i had to go in the military for eight years to get that. Post 9 11, 36 months. Effectively, after three years, utility, it is gone. It is the only reason, i am not the first person in my family to go to college but it is the only thing that has allowed me to get to the point i met. Host how long will you be paying off your medical school bills caller jeez. That depends on what type of doctor i become. Great question. Family my colleagues, which is primary care, the tremendous need in this country, most of them are saddled with 16 years of debt. Able them are not able to get a mortgage, because it is so difficult, so hard to get ahead. I worked my tail off every day. I dont know. It is just different. Host what kind of doctor do you want to be . Caller a cardiologist. I like the heart. Host good luck to you, gabriel. Thank you for the call. York on glen oaks, new the line for those with no debt. However you managed . Caller i am 60 years old. 1987, i had two mortgages amounting to 320,000. Could,id everything as i as i went along and increased that. No vacations. No new car, as opposed to other people. Lived below our means. 87 crash, houses were worth less than what we had the mortgage for. We promised ourselves we would get out of debt. We are glad we have done that. Basically, if you can pay off your debt for the Halfway Point of the time of the debt, youre going to save money. If you dont do it for the Halfway Point, youre going to pay pretty much the full book for full term of interest and principal. Host do you think younger americans are willing to do what you did, live below our means, not go on vacations, to get to the position you are in with no debt . Caller i dont think people from what i see today, i dont think people are willing to do that sacrifice and be disciplined. You have to be disciplined. Host does it take some sort of crash or crisis to make people disciplined . Caller i grew up in a family. My wife also, we really didnt have anything. Whatever we worked for, we realized the value. Kids,hat i see today with the way people spend money, these cars and things like that, we have no Credit Card Debt. We pay everything off by the month. Wasbig thing that helped us we did a two jobs and lot of things ourselves. We did not have money to pay people to do things for us. Host timothee, harpers bill, new york, no debt. Debt. yes, i am not in the reason is i had to go bankrupt. Uh. Host what happened with the bankruptcy . Bankrupt. St had to go , i lost everything um, im curren