Page 46 - Debt Ceiling Issue News Today : Breaking News, Live Updates & Top Stories | Vimarsana

-- blank check. it has been appropriated by the congress and it should be an incremental increase in the debt limit when the congress decides to spend money --. >>neil: republican or democratic president, you don't think that with be equally abused? in other words if you get the whole debt ceiling issue out of the equation you are not giving any president a license to spend and any congress is complicity in that spending? >>guest: well, they wrote the constitution here in philadelphia, article ii, only the congress can spend money. this complaint that the president is spending money, theology ...

That's what the middle class wants and sdooefshdeserves. we ought to do it now. we don't have to fall off this cliff. >> the president spoke about today why he wants to take the debt ceiling issue out of discussions about the fiscal cliff. take a listen. >> if congress in any way suggests they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, i will not play that game. >> congressman, the last time republicans used the debt ceiling for political purposes, the full faith and credit of this nation was downgraded. ar...

Face-to-face, they want to sit down, roll up their sleeves and hammer out something. kevin mccarthy went to the cameras right after that, he said there are 72 hours extremely critical in this fight that are coming right now. also i want to mention one other thing and that is just crossing from nancy pelosi who says that she does not think that the debt ceiling issue is part of this fiscal cliff discussion, which is interesting, because that is different than the plan that timothy geithner brought forth. in his plan they were going to try to raise the debt ceiling indefinitely. he said it would...

For re-election in two years saying no way. >> bob: let's remember that he took a lot of heat the last time around when he got to the debt ceiling, debt ceiling issue. he was negotiating the whole time. not out in the country campaigning. this time around they decided that strategy, staying in washington. dealing with the republicans. >> eric: what though? who is he campaigning? one size says raise taxes. look, the super committee couldn't get it done. gang of six couldn't get it done. how are the people going to get it done? we have grover norquist saying all the people allegedly are going to...

Ceiling as it is, there's no money to pay the tax refund. >> right. as you pointed outer, this debt ceiling issue, $16.4 trillion that you're going to exceed, and they'll use, quote, extraordinary measures or tools they have available to -- >> greta: let's face it. if you don't have any more money, you have no more money -- you can't even borrow, have no more credit, that means you're cooking the books somehow. >> exactly. republicans have said, we're willing to work with you on the fiscal cliff issues, on the debt ceiling, all those things, but we have to do something about what's causing the...