Page 2 - Budget Stuff News Today : Breaking News, Live Updates & Top Stories | Vimarsana

sources are telling us that house republicans are on a conference call right now. they're trying to figure out what is the path forward to get a speaker in place. just within the last couple of minutes, we saw kevin mccarthy telling our team on the hill he thinks he will get to the magic number, 218, same game plan, he says. look at that right there. we have new reporting this morning into how he's trying to make this happen. he's been deploying five trusted allies to negotiate with these kind of republican so-called rebels here, trying to figure out what are the concessions that wou...

Issues. if he didn't do it on the debt ceiling, he was going to have to do it in september. and in september, there would be the threat of a government shutdown if they didn't reach an agreement. this agreement eliminates the debt ceiling for two years and it eliminates the possibilities of a government shutdown over budget stuff in september. so, it's just astonishing what it does. as of tonight, as of tonight, joy, the debt ceiling, the actual legislative debt ceiling of the united states of america, is rounded off to 3.4 -- $31.4 trillion. it's actually 31,381,000, 000. as of tonight, after...

There doesn't seem to be any progress in negotiations that republicans rather than looking at the underlying fragility and financial markets right now and saying, hmm. maybe now is not the good time, the best time to be threatening this this, you know, historic default seemed to be saying, maybe now's a great time because we have more leverage. this is a very bad strategy. i think they should raise the debt limit immediately without preconditions deal with the budget stuff. as part of the budget process. that's a separate issue, but honor the existing debt obligations that the us has already m...

In the eyes of the american public as a party that is chaotic when they're in power. this is the first impression for the american public of what it looks like to have a republican house majority. americans don't care how slim the margins are or the procedural rule changes, necessarily. they care about, are things functioning? right now if you look at the house, they definitely are not. >> we have a graphic on scene of things that mccarthy could do to try to get some of these 20 members on board, the one-member threshold meaning it could take one member instead of five as has been proposed rig...

Happen. so again, it is those people who are out of work, those people hitting crisis, who are behind on their bills already, looking ahead to a winter of hunger and hardship as food and energy prices go up. that is a big, big unanswered question. the chancellor could have done something for those people in his budget, but he chose not to. katie schmuecker, i am sorry i got your surname wrong when i introduced you, katie schmueckerfrom your surname wrong when i introduced you, katie schmuecker from the joseph rowntree foundation, thank you very much. let's look at some more of the detail of to...