Page 12 - Debt Increase News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Need to see a delay in obama care to see a delay in the debt increase. do they understand that can't and will not happen or do they really think it's going to happen? >> no. it's a genuine belief, and who's in the corridors of the capitol every day, they are so frustrated because they started this defund repeal effort in the summer. they followed through now with a standoff and stalemate and they're not yet ready to concede any ground. that's really john boehner's dilem dilemma. how does he deal with people that don't want to deal with anything. >> that gets me to what's been a strange evoluti...

This is real. >> katie, speaker boehner, that is the leverage he has on the debt ceiling to try to make sure the united states could live more within its means, a good message for the republicans. what do you think of that? >> it is. i want to point out president obama talks for the first time in history defaulting our debt. the was the first president in our history that saw our credit rating downgraded and voted against the debt increase in 2006. when speaker boehner says we need negotiations for what we get in return for increasing the debt ceiling, by the way, 58% of americans according to...

Including keystone, medical device tax, all of these things that are their political wish lish. how is this not about politics? >> it's about the economy, about jobs. are we going to do something that's going to secure a better future for our children and grandchildren. the president is asking for a trillion dollars debt increase. so, you know, the bills are going to get paid. the debt holders are going to get paid, the important thing is when you do a debt limit increase, you take a look at what's causing the debt and try to do something about it. and we have an opportunity here to put in pla...

Gets the country maybe a year down on the road on the debt ceiling. a year down the road on a budget. and sort of takes away the specter on the debt default on act 17th. maybe just a little movement there, maybe perhaps just a millimeter, but perhaps at least a sign of some conciliatory -- >> but, jim in terms of the insecurity that all of this has created, i mean, that is the classic kicking the can down the road, isn't it? >> that is kicking the can down the road, michael. but they've been doing that in washington for some time. but it does raise the possibility that perhaps they can kick th...

Republican-backed bill that would cut the federal budget and cap future spending and add a constitutional amendment requiring a balanced budget. it was of on erred during president obama's debt increase in 2011. passed the house and died in the senate. harry reid said this, quote, i think this piece of legislation is as weak and senseless than anything that has come on the senate floor. i will not waste the senate's time day after day on this piece of legislation. this is a bad piece of legislation. perhaps it is some of the worst legislation in the history of this country. all right, the seco...