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Earlier today are his expectations for the negotiations going forward. >> we'll talk about that. the underlying issue here is the democrats since they took the majority has been addicted to spending and that's going to stop. >> reporter: so we'll have to see if they are getting any closer on the specifics. the thing we always have to keep in mind with negotiations is that the agreement with the speaker and president is only one stage. still needs the support of both chambers of congress, which will not be an easy task. >> that's an understatement indeed. you have been covering it for so long. ...

To fix the debt problem, in eight years, that was a joke at the time, but he has zero credibility on this issue. four years of his presidency, the debt went up by nearly eight trillion dollars, 25%, a quarter of the problem we are dealing with today's due to donald trump's presidency. that is why even republicans rushed out and was saying, this in vowing the comment saying we cannot keep, full even how speaker mccarthy was distancing himself from those remarks that donald trump said. all you need to, now he's not a leader in this issue at all. >> in fact, this tape of him as president of the u...

Is -- do we want the government to default, do we want our economy to suffer? no, but, all what we run up against is the fact that we do not have a responsible governing party, in the house of representatives. they are not responsible, in any way, shape, or form, and this debt ceiling is part of it. so, if i were joe biden, i would hope that they can work it out, and i hope five or six republicans come to reality, and honor the debt, and honor what bills have already been incurred, but if i were biden, i would push this as far as he can, and make them, at least, act like they are responsible. ...

>> i think you're looking at the deadlock. i don't think we'll get much past. i think they do the death ceiling different than prior republicans. the debt ceiling was increased three times over donald trump. and they went missing office today voted for. that every single one of them. and the absurdity and this idea that they're gonna use this as a terrorist hostage negotiation technique as really something that the american people need to take a hard look at they are willing to burn down every pension in america that has invested in wall street. in order to do and make a political point for el...

What i'm doing is working right now. so, why am i going to prioritize a whole bunch of other stuff? i think by the time he's running for reelection, he's going to have to make some promises that are forward-looking, not just backward. >> but peter baker, to that point, that was sort of the connection to the death ceiling, right? we got an economy that is working right now despite everyone's warnings about it. don't derailed us. >> yeah, he said republicans are threatening to hold it hostage, that was his term -- hostage. so you lay down a mark on that. he made it clear he does not play plan to...