Page 4 - Debt Ceiling Increases News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> thank you, maria. maria: how do you think this debt showdown will play out in the coming months? >> well, i think it'll play out in the sense that we have just had the american people speak. the american people were operating under oppressive burden. our $311 trillion -- if 1 -- 31 trillion national department is so much larger hand our economy, that we're having a difficult time keeping up with it. in just a few years, we're going to see our annual interest on debt skyrocket from around $400 billion a year to well over a trillion a year, and we don't have that kind of money to cover that a...

Trump, who added $8 trillion to the deficit -- to the debt -- and who raised the debt ceiling -- signed three different debt ceiling increases. >> there wasn't a lot of talk by republicans during the trump years about the debt. it went from the tea party, where there was tons of talk about it, to heart of silence. >> they were hibernating debt hogs. they became debt doves during the period of the trump presidency. so, there's a lot -- you know, there's a lot of posturing and hypocrisy here. there's to had doubt -- you know, look, part of governing is there's going to be give and take on issues...

We saw that in 2011, when the tea party republicans came in. it's interesting that you raise's point because one of the people not urging republicans to hang tough and use it as leverage to reverse everything democrats did in the last two years is donald trump. who had an eight trillion dollars to the deficit and debt, who raised the debt ceiling. three different debt ceiling increases. >> there was not a lot of talk by republicans during the trump years about the debt. they went from the tea party, where there was tons of talk about it to silence. >> they were hibernating dead hogs. during th...

Administration that shouldn't be happening. laptops and such. we'll see some decent investigations like, hey, what happened with the withdrawal in afghanistan. we do need to get to the bottom of that. and we're also going to see a lot of obstructism when it comes to the debt ceiling increases, which happens about once a year. they're all of a sudden going to become politicized and used as a weapon against kevin mccarthy. also the concession of moving from having five members possibly unseat a speaker to one member gives individual members inordinate power over the speakership. it's not a good ...

That's what we have returned to the american people, to be the greatest legislative body on the face of the everett. neil -- of the earth. neil: key to this agreement was another measure to cut spending, tie it to debt ceiling increases. democrats immediately seized on that, sir, to say republicans are going to shut our government down. if they don't get their way, they're going to shut our government down, and this is the tool they'll use to do it. what do you say? >> i say that there is plenty of waste, fraud and abuse, just extra spending in the federal government. we've got plenty of spend...