Page 44 - Debt Ceiling Issue News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> bob: you extend it for everybody except for that group of people. >> eric: if they are not -- let me ask you. >> dana: i see. >> eric: will they get -- >> dana: i see what he is saying. it's like when you reduce the rate of growth, you get credit for saying that you cut spending. it's a game. it's a word game. >> bob: keep in mind, whatever legislation happens can be retroactively made to january 1. when you get to june working on this, you still have the debt ceiling issue here. she is right tough to get through the house. boehner for the first time, unlike last time, he has the lieutenant...

>> bob: you extend it for everybody except for that group of people. >> eric: if they are not -- let me ask you. >> dana: i see. >> eric: will they get -- >> dana: i see what he is saying. it's like when you reduce the rate of growth, you get credit for saying that you cut spending. it's a game. it's a word game. >> bob: keep in mind, whatever legislation happens can be retroactively made to january 1. when you get to june working on this, you still have the debt ceiling issue here. she is right tough to get through the house. boehner for the first time, unlike last time, he has the lieutenant...

So there was no way for them to reveal anything other than they had nothing. >> well, they did what they should have done. they got a smaller room and it made it look bigger. clearly, there is not the strength in numbers there anymore. part of it is because the business community has more or less abandoned them on this issue. they certainly will on the debt ceiling issue. also, because president obama is much more comfortable living with the consequences of a standoff than they are at this juncture. that's just underlining everything here. he can go over the cliff and build a tax cut plan that...

So there was no way for them to reveal anything other than they had nothing. >> well, they did what they should have done. they got a smaller room and it made it look bigger. clearly, there is not the strength in numbers there anymore. part of it is because the business community has more or less abandoned them on this issue. they certainly will on the debt ceiling issue. also, because president obama is much more comfortable living with the consequences of a standoff than they are at this juncture. that's just underlining everything here. he can go over the cliff and build a tax cut plan that...

Republicans would save families from a worse tax increase then you can have spending and entitlements fights next year. there will be a debt ceiling issue, still the continuing resolution for funding the government. it's not as if everything's' solved this month. >> kirsten? you seem similarly unimpressed by the scenario. >> as she so often i say, i have to say. >> the deal that seems to be on the table is the 37% rate. >> chris: let's -- the top tax rate is 35%. if the bush tax cuts lapse it goes to 39.6%, the rate under bill clinton. some say go to 37%. >> that's the deal that obama says he ...