Page 14 - Debt Ceiling Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Range. >> really is an oversaturation of people that are experienced and people out of college that are eager. the big talker at the building behind you capitol hill behind you. we hear about job creation. does solving the debt and jobs go hand in hand or is there really a lack of focus on getting people back to work at this time? >> i would say more a lack of focus. there's a way they come together that's fundamental. i'm glad that you framed the question that way, thomas. you know, there's a lot of economic uncertainty out there right now. this is a recovery that's still kind of fragile. and...

Mixing up two different problems. one is the debt ceiling problem, and the other is the question of long-term american debt. and when s&p came out with its warning, it didn't tie it to the debt ceiling, it talked about whether we, in fact, have a credible plan to deal with the deficits in the medium term and long term. that is serious, and the s&p is not the only group. look what pimco did in baling out of all its treasury bonds and warning that interest rates could easily go up in the next few months? i think the long-term debt problem is a serious problem regardless of what happened to the d...

Through that debt ceiling problem more quickly. you have a lot of republicans now, including senator rubio in florida who just wrote this in "the wall street journal," who are not going to vote to raise the debt ceiling. so we could be groundhog day. it feels like groundhog day today because they're saying the same thing they did yesterday, it could be the same thing when the debt ceiling crisis comes, that we're feeling deja vu all over again. they're hoping if there's a government shutdown now, that will make it harder for them to play the april fool's again late they are month. >> interesti...

They can retire. >> if neither of the budgets proposed out there solves the debt problem, how is this going to be resolved? are we just going to keep kicking the can down the road? >> we'll keep kicking the can down the road until people think we have a grease-like situation. coming up at the end of april, early may we'll have the debt ceiling problem. the government will be about to borrow more money than it's legally allowed to that will create a real debate which could bring in entitlements because a lot of republicans won't increase to the debt ceiling but change the course of spending whi...

In motion. that was the theory. would it hold? >> do you see anything changing until we hit a government scene? >> i hope not. >> january 31st. bucks county, georgia. >> that's congressman paul brown. president obama had republicans like him when mind when he proposed the sec quester back in 2011. >> if we went back to the original intent of the constitution we wouldn't have a debt ceiling problem. >> people need to remember whit the sec quester is how it came about. that was over a fight over the debt ceiling. >> a fight andrew mccarthy says was picked by tea party republicans. >> a lot of pr...