Page 3 - Ceiling Increase News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Would like to negotiate. everybody knows we can't default on the obligations of the united states. the debt ceiling will be increased and the administration is behind it i believe 100%. >> but there's a difference between increasing the debt ceiling, which is increasing the legal limit on federal borrowing. everyone agrees that should happen, but how it should happen seems to be what the tension is, whether there should be conditions placed on raising it or if congress should just do a clean raising of the debt ceiling with no conditions placed on it, no horse trading over anything related to ...

Leadership not to use the debt ceiling anymore as a way to negotiate budget demands? >> well, we are more or less a budgetary stalemate at the moment. let me first say i believe it would be reckless to default on our nation's obligations, and that's why i felt we had to move forward. the ability for the house republicans to negotiate with the senate democrats and the president is very limited. if we don't have 218 votes on the debt ceiling. and when i say that, we have some members in our conference who have said they will never, ever, never, ever, ever vote for a debting ceiling increase. if ...

We -- ceiling increase. we ended up cutting nothing, really. we really-- you are saying no. >> two years of leverage for nothing. it's time to use the leverage of the house. it's one-half of one-third, but the most important half of the legislative body. the founders intended for congress to have the purrs strings and to use them. we have the power with the justice department, the white house. time to quit giving away sacks of money let's get real here. let's get restrictive. we do have leverage to make some changes. and the american people will live it. >> sean: i hope -- i hope that happen...

We -- ceiling increase. we ended up cutting nothing, really. we really-- you are saying no. >> two years of leverage for nothing. it's time to use the leverage of the house. it's one-half of one-third, but the most important half of the legislative body. the founders intended for congress to have the purrs strings and to use them. we have the power with the justice department, the white house. time to quit giving away sacks of money let's get real here. let's get restrictive. we do have leverage to make some changes. and the american people will live it. >> sean: i hope -- i hope that happen...

We -- ceiling increase. we ended up cutting nothing, really. we really-- you are saying no. >> two years of leverage for nothing. it's time to use the leverage of the house. it's one-half of one-third, but the most important half of the legislative body. the founders intended for congress to have the purrs strings and to use them. we have the power with the justice department, the white house. time to quit giving away sacks of money let's get real here. let's get restrictive. we do have leverage to make some changes. and the american people will live it. >> sean: i hope -- i hope that happen...